HomeProfessional Client Rebates

A portion of your spread, returned

Earned from your first trade each month. Claimable any time before the end of the following month.

Our rebate programme is only available to clients who apply and obtain a Professional account.

Rebates from your first trade

A minimum 5% spread rebate applies from your first position closed.

Scales by volume

Rebate rates are tiered by monthly notional volume. The maximum rate is 20%.

Direct to your rebate account

Rebates are claimable any time until the end of the following month.

How rebates are calculated

Rebates are calculated on closed positions across all your accounts. The table below shows the rates that apply by asset class and monthly notional volume.

Monthly trading volume	$0m-$50m	>$50m-$150m	>$150m
Rebate %	5%	10%	20%

*Gold, silver, palladium and platinum volumes are included in "Forex and Precious Metals" category since 01.04.2023. Please see the Terms & Conditions of our rebate programme here.

How it works

Your spread rebate is calculated after every trade and credited to your rebates account. Claim cash back to your balance any time until the end of the following month.

Calculating your rebate

Rebate = rebate rate (%) × spread paid.

Calculations are made in USD and credited in your account currency. If your account is not denominated in USD, the prevailing exchange rate applies.

Volume counting

Notional volume is the full market value of your positions, not the margin posted. Trades across all linked accounts — including MT4, MT5, and CFD — count toward your monthly total within each asset class.

An example

You trade $60m in notional forex volume in a month, placing you in the 10% rebate tier. If your total spread cost for that period was $6,000, your rebate would be $600.

FAQ

For more information, please visit our FAQ in the Support Centre.

What are spread and swap rebates?

Spread rebates give you back a percentage of the spread you've paid when trading. We provide a rebate adjustment for the month if your trading volume moves you into a higher rebate tier. Swap rebates give you back a percentage of the overnight funding admin fee. MetaTrader activity is not currently included in rebate calculations. However, your MetaTrader rebates for the current month will be paid at the beginning of the following month.

How do I qualify for spread and swap rebates?

You qualify automatically for both spread and swap rebates. For spread rebates, you start earning from your first trade, and your rebates scale by volume tier as you trade more.

When are rebates applied?

Spread rebates are applied when you open and close positions. Half of the spread is charged at opening and half at closure, and the full rebate % is applied to each part. Swap rebates are applied when the overnight funding fee is charged.

When will I get my rebate?

You can now claim your rebates at any time. Most payouts are instant. Larger amounts may take longer if they need approval. Disclaimer: The claim feature is gradually being made available to customers. If you don't see it yet, it should be enabled for you soon—please check your account for availability.

What currency will my rebate be paid in?

Rebates are always paid in the currency of the account where you traded.

What happens if I don't claim in time?

If you don't claim your rebates before the deadline, they expire and are no longer available to claim. Expired rebates cannot be recovered. Your current month's rebates are not affected — only the previous month's unclaimed rebates are subject to expiration.

Qualifying for a Professional account

Professional client classification requires meeting the criteria for at least one of the following two pathways.

Pathway 1: Sophisticated investor

Requirement 1  

You have either:

• Placed a minimum of 20 leveraged derivative trades per quarter for at least four quarters in the past two years with a minimum notional value of $500,000 AUD per quarter;
or 
• At least one year of professional experience in the financial services industry, specifically in a position requiring knowledge or experience with derivatives and leveraged trading. 

Requirement 2  

• You must pass our brief assessment, designed to verify your knowledge and experience. 

In accordance with Section 761GA of the Corporations Act 2001, we may categorise you as a Wholesale Client if we are satisfied, on reasonable grounds, that you have the necessary experience and can assess the: 

merits of the product or service
value of the product or service
risks associated with holding the product
your own information needs
adequacy of the information we provide

Pathway 2: Wealth

You need to demonstrate either of the following:

• Net assets of at least $2.5 million AUD 
or
• Gross income of at least $250,000 AUD per year for the previous two financial years

If you meet the above criteria, then we may consider categorising you as a Wholesale Client under section 761G(7) of the Corporations Act 2001 (Cth) Please note, however, that to confirm eligibility under this criterion, you must provide a certificate from a Qualified Accountant.

Net assets can include:

Savings, shares and property or land investments
Superannuation and trust assets
Other valuable assets such as vehicles or caravans
Business interests