All instruments available for trade on a Pro account have no suffix. For example, EURUSD, GBPUSD.
If a client is trading on instruments with no suffix, the reward calculation is fixed at 17% of the opening spread.
Instrument groups available for trade
The groups of instruments available for trade in Pro accounts are:
- Forex currency pairs including metals
Reward = 17% x Opening spread in points x Point Profit
A client registered under your partner link traded 1 lot EURUSD and its opening prices were Bid 1.11985 and Ask 1.12010.
Opening spread (in points) = (Ask Price - Bid Price) / Point Size
= (1.12010 - 1.11985) / 0.0001
= 2.5 points
To find the point profit for a particular order, use our Trader’s calculator. According to the calculator, the point profit for this order is 10 USD.
Therefore, Reward = 0.17 x 2.5 x USD 10 = USD 4.25
This would be the amount you’d get as a partner from this particular order.
The partner reward is subject to a bonus coefficient where applicable. To know more about this, click here.