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Our cash rebates are simple and transparent, paid automatically to all clients meeting the threshold on the Diamond, Platinum and Gold account plans.
Simply trade USD 10M (or equivalent) in notional value in FX or CFD Indices in a calendar month, to earn USD 10, USD 5 or USD 3 on each further USD 1M in notional value, on the Diamond, Platinum or Gold plan respectively. Rebates will be credited to your Saxo account within five business days, at the start of the following month.
Account plan | Bronze/Silver | Gold | Platinum | Diamond |
---|---|---|---|---|
FX - min. notional traded | N/A | USD 10M | USD 10M | USD 10M |
CFD indices - min. notional traded | N/A | USD 10M | USD 10M | USD 10M |
Rebate per USD M traded above min. notional | N/A | USD 3 | USD 5 | USD 10 |
Spot FX | CFD Indices | |
---|---|---|
Min. notional value (NV) | USD 10M | USD 10M |
NV traded | USD 10.15M | USD 312.5M |
Rounded NV | USD 10M | USD 313M |
Rounded NV above min. volume | Nil | USD 303M |
Cash rebate earnt | Nil | USD 3,030 (303 x USD 10) |
We encourage you to compare pricing, rebate schemes and offers across FX and CFD providers in Singapore. IG, for instance, offer rebates to their clients trading above a minimum notional value of USD 50M in FX. To earn USD 10 per million USD traded through IG’s offer, the threshold is USD 300M.
(Source ig.com/sg/ 21 Feb 2023)
Our cash rebates are simple and transparent. When you trade above the threshold on the eligible products, whilst subscribed to the eligible account plans, you will automatically earn cash rebates. These will be credited to your account within the first five business days of the following month.
Rebates are earnt on each USD 1M in notional value traded above the thresholds in FX or CFD indices separately. For the purposes of calculating rebates, the notional value of FX and CFD indices are considered separately – rather than totalled - and notional values are rounded up or down to the nearest USD 1M.
You will earn cash rebates on both FX and CFD indices when you trade above the threshold in notional value in both FX and CFD indices, on the Diamond, Platinum and Gold account plans.
All direct clients – retail and corporate – subscribed to the Diamond, Platinum and Gold account plans – who trade above the thresholds shown above, are automatically eligible to earn cash rebates.
No action is required by you.
Rebates are earnt based on the notional value of FX and CFD Indices traded throughout a calendar month. They are then calculated at the end of the month, and credited to your account within the first five business days of the following month.
Terms and conditions related to Cash Rebates are included within the broader Account Plans Terms.
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