All instruments available for trade on a Zero and Raw Spread account go by no suffix. For example, EURUSD, XAUUSD.
If a client is trading on instruments with no suffix on the Zero and Raw Spread accounts, the reward calculation will be based on the instruments traded.
Instrument groups available for trade
The groups of instruments available for trade in Zero and Raw Spread accounts are:
- Forex currency pairs including metals
|Tier name||Commission (in USD)|
|Exotics1 (1 Most Liquid)||1.00-2.00|
|Exotics2 (2 Less Liquid) (USD, EUR crosses)||2.50-5.00|
|Exotics3 (2 Less Liquid) (not USD, EUR crosses)||10.00-20.00|
|Metals1 (Gold to USD)||1.63-3.25|
|Metals2 (Silver to USD)||5.00-10.00|
|Metals3 (Gold, Silver not to USD)||10.00-20.00|
|Crypto2 (ETH, BCH)||0.13-0.25|
|Indices1 (HK50, US500, AUS200)||0.06-0.12|
|Indices2 (USTEC, UK100, FR40)||0.13-0.25|
|Stocks1 (BAC, CSCO, C, KO ... WFC, VZ)||0.60-1.20|
|Stocks2 (AAPL, FB)||0.70-1.40|
|Stocks4 (AMD, T, JNJ, PYPL, V, WMT)||0.90-1.80|
|Stocks5 (NVDA, MCD)||1.00-2.00|
Let’s say a client registered under your partner link traded 2 lots in US Oil (Energies group) on a Raw Spread or Zero account.
If we assume commission per lot is USD 4, the reward is 2 x 4 = USD 8.
Kindly note that commission will only be credited to your account after the client closes the order. Reward payment is proportional if client trades in partial lots (e.g. 0.5 lots).
The partner reward for pending orders is paid only after the order is executed and finally closed.
To know more about instrument classification, click here.