Table of Contents : IC Markets
Introduction
IC Markets offers a rebate program designed to reward traders with cashback on their trading activities. This IC Markets rebate program is particularly beneficial for high-volume traders who can meet specific trading volume requirements. Here are the key details:
IC Markets Rebate Program
Raw Trader Plus Program
The Raw Trader Plus program by IC Markets provides rebates on trading commissions, refunded automatically on a daily basis once certain criteria are met. The IC Markets rebate amount varies based on the trading volume:
- Tier 1: $1.50 per FX/Metals lot for 100 closed lots.
- Tier 2: $2.25 per FX/Metals lot for more than 1000 closed lots.
- Tier 3: $2.50 per FX/Metals lot for 2000 closed lots.
Rebate Calculation and Benefits
IC Markets rebates are calculated based on the number of trades placed and closed. Traders must maintain the required trading volume over a three-month period to retain their Raw Trader Plus membership. Additional benefits for Raw Trader Plus members include VPS hosting and dedicated client support.
General Rebate Program
IC Markets also offers a general rebate program where traders receive a portion of the spread or commission back on each trade. This IC Markets rebate is calculated based on trading volume, incentivizing higher trading activity. The rebates can be directly credited to the trader’s account, providing a financial cushion and potentially increasing overall profitability.
Rebate Rates
Rebate rates can vary depending on the asset class and account type:
- Forex: Up to 21.50% of commissions paid or $0.60 per 100K USD traded.
- Metals: Up to 21.50% of commissions paid or $0.60 per 100K USD traded.
- Indices: Up to $1.25 per lot.
- Cryptocurrencies: Up to $0.5 per lot.
How to Participate
To participate in the IC Markets rebate program, traders can sign up directly with IC Markets or through a rebate provider. Existing IC Markets clients can also transfer their accounts to a rebate provider by sending a request to the broker.
Conclusion
In summary, IC Markets’ rebate programs offer traders an opportunity to reduce trading costs and enhance profitability through cashback on their trading activities. These IC Markets rebate programs are especially advantageous for high-volume traders who can meet the specified trading volume requirements.
