How do you calculate rebate for a micro and ultra...
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More Brokers Testimonial
N Natalie Pryor
Mar 27 2020
How do you calculate rebate for a micro and ultra low XM account? Why do I seem to get a small rebate all the time? What are the trading conditions to get XM rebate? How much should I trade?
R Ryan Wakeford
Mar 29 2020
Natalie Pryor: Rebates are usually calculated from the accumulated number of lots traded on the previous day's trading. To get a full discount, the broker usually sets an additional rule that the gap between the opening and closing prices must be only a few pips. However, there are also brokers who will not pay the rebate commission if these closing gap conditions have not been met. For more information regarding the amount of the rebate commission per 1 lot, as well as other conditions, please contact XM customer service.