NordFX’s rebate program is designed to provide traders with cash back on their trading activities, whether the trades result in a profit or loss. Here’s a comprehensive guide to understanding and benefiting from the NordFX rebate program:
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Rebate Rates
The amount of rebate you receive from NordFX depends on your account type and the trading instrument:
- Micro Account: 37.5% of the spread
- Standard Account: 30% of the spread
- Zero Account: 30% of the spread
- Crypto Account: 37.5% of the crypto commission
- MT-ECN Account: 30% of the spread
Rebate Calculation
NordFX rebates are calculated per round turn lot, which varies by instrument:
- Currencies: 100,000 units
- Oil: 10 barrels
- Gold: 100 oz
- Silver: 1,000 oz
- Indices: One contract
- Stocks: One share
- Cryptos: One unit
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Rebate Payment
NordFX rebates are credited to the trader’s FxRebate wallet on a monthly basis.
Eligibility
To qualify for the NordFX rebate, traders must either open an account through an affiliate link or transfer an existing account to the partner group.
Benefits
The NordFX rebate program allows traders to lower their trading costs, offset losses, or withdraw the rebates without any restrictions.
The NordFX rebate program is structured to reward traders for their trading volume, offering a valuable incentive to trade with NordFX. By providing competitive rebate rates across various account types and instruments, NordFX enhances the trading experience for its clients.