Hey, how do you calculate the rebate for XM micro and ultra low accounts? It seems like I'm getting a small rebate. What are the trading requirements to get XM rebate? How much do I need to trade?
1 Answer
E
erik tri cahyo
13 Nov 2020, 08:42
To Shanti,
Rebate is usually calculated based on the accumulation of the number of lots that have been traded on trades from the previous day. In addition, to get a full forex rebate commission, brokers usually set additional rules regarding the distance between the opening and closing prices, which must be a certain number of pips. However, there are also brokers who will not pay the rebate commission if this closing distance requirement is not met. For more information regarding the amount of the rebate commission per 1 lot, and also other requirements, please contact the customer service of the broker in question.