FCA regulated London based FX and CFDs broker ActivTrades announced that it has launched its new premium Cashback program, exclusively for eligible professional clients.
The program pays rebates on spread and swaps, as well as interest on
unused margin. To qualify, clients need to trade a monthly average of at least €50 million in notional volume (ex 500 lots of EURUSD).
Rebates will be calculated based on 20% of the target spread and 20% of the total swaps.
ActivTrades will also pay interest on the average free margin held by the customer during a calendar month, based on an annual rate of 1.25% for Euro, 1.50% for USD, 1.00% for CHF and 1.10% for GBP accounts (rates subject to change).
Alex Pusco, CEO of ActivTrades said:
We are extremely excited about our new Cashback Program. This is a scheme that provides real value and full transparency for high volume traders. Clients enrolled in the scheme will find a new widget in the personal area of our website, showing the notional traded value balance and the potential or acquired rewards, in real time.
LeapRate reminds that ActivTrades has also relaunched its advanced trading platform ActivTrader earlier this year.