For clients trading on instruments on our Standard Cent accounts, commission calculation will be based on the partner level.
What suffixes do the instruments have?
All instruments available for trade on a Standard Cent account go by the suffix ‘c’. For example, EURUSDc, GBPUSDc.
Instrument groups available for trade
Clients trading on Standard Cent accounts can trade on forex currency pairs including metals like Gold and Silver.
Commission Calculation
A client registers under your partner link and trades 2 lots EURUSDc from the Forex group in a Standard Cent account. The opening prices at the time were: Bid 1.11980 and Ask 1.12000.
If we assume that you are a Bronze partner (33% commission size):
Opening spread (in pips) = (Ask Price - Bid Price) / Pip Size
= (1.12000 - 1.11980) / 0.0001
= 2 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 0.20 USD.
Therefore, Commission = 0.33 x 2 x USD 0.20 = USD 0.13 (13 US Cents)
Note:
- 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.