For clients trading on instruments on our Pro accounts, commission calculation will be based on the opening spread of the instruments traded and your partner level.
What suffixes do the instruments have?
All instruments available for trade on a Pro account do not have any suffixes. For example, EURUSD, GBPUSD.
Instrument groups available for trade
The groups of instruments available for trade on Pro accounts are:
The commission calculation starts at 17% of the opening spread and increases up to 25% based on the partner level.
Let us look at an example:
A client registers under your partner link and trades 3 lots GBPUSD from the Forex group in a Pro account. The opening prices at the time were: Bid 1.11920 and Ask 1.11975.
If we assume that you are a Bronze partner (18% commission size):
Opening spread (in pips) = (Ask Price - Bid Price) / Pip Size
= (1.11975 - 1.11920) / 0.0001
= 5.5 pips
To find the pip value for a particular order, use our Investment Calculator. According to the calculator, the pip value for this order is 30 USD.
Therefore, Commission = 0.18 x 5.5 x USD 30 = USD 29.70
- Commission will only be paid after the client closes the trade.
- The commission is subject to a bonus coefficient where applicable.
For further details, refer to your Partner commission information panel available in the Partner Personal Area.