Commission for Zero and Raw Spread accounts are calculated based on the trading instrument and your partner level.
Instruments on Zero accounts can have the suffix ‘z’ or have no suffix (EURUSDz or EURUSD), while instruments on Raw Spread account can have the suffix ‘r’ or no suffix (USDSGDr or USDSGD).
Calculating commission
If a client registers through a partner link, uses a Raw Spread or Zero account, and opens an order of 2 lots USOIL from the Commodities group. We assume that the commission paid for each lot of USOIL (for your partner level) is USD 4, then:
Commission = 2 lots x 4 USD (commission size) = 8 USD
- The commission is only paid after an order is closed by the client.
- Partially closed orders award commission only for the volume of the closed order. The remaining volume will earn commission only when it is closed.
For orders executed by Close by function, the formula is:
Commission = Reward size x Opening spread in pips x Pip value
For CloseBy orders, 1 spread is counted, while hedged orders are counted as 2 spreads.
Refer to your Partner commission information panel in your Partner Personal Area for more information.
Instrument groups available to trade
Trading instruments available on Zero and Raw Spread accounts include: