Active Trader Rebates
FXCM's Active Trader Rebate Program is designed for traders who are actively in the market. You can get different tier rebates based on the volume you trade.
Requirements:
- Have an account with FXCM or open a new account
- Meet a minimum notional volume requirement of USD 10 Million on a monthly basis
Example 1
Say you trade EUR/USD and over the course of the month you have reached 400 million in notional volume traded. As you reached Tier 4, you will receive $20 per million traded, giving you a total rebate amount of USD $8,000.
Example 2
Say you trade SPX500 and over the course of the month you have reached 350 million in notional volume traded. You will receive $3 per million traded, giving you a total rebate amount of USD $1050.
How do I calculate the Notional Values for a CFD? Please click here to see the details.
For the purposes of calculating the notional trading volume of gold (XAU/USD) and silver (XAG/USD), the applicable prices shall be capped at USD 4,200 per ounce for gold and USD 80 per ounce for silver, respectively. In the event that a transaction is executed at a price exceeding the applicable cap, the notional trading volume shall be calculated using the capped price. Example: If a transaction involves 100 ounces of gold at a price of USD 5,000 per ounce, the calculation shall apply the capped price of USD 4,200 per ounce, resulting in a notional trading volume of USD 420,000 (4,200 × 100).
How is the Rebate paid out?
After registering with the Rebate Program, FXCM will review your trading account and the associated notional trading volumes on the last business day of each calendar month. Any rebates will be paid within 15 business days in the subsequent calendar month. Your account must be open, active and not subject to any dispute or default on the date the rebate falls due to the account.
