Currency pairs with suffix -m (groups of instruments: Forex_group, Crypto_group, Indices_group, Energies_group)
If your partner link is used to open a Standard account, you can receive more than 20% of the trades performed by your signed up clients.
In this case, the reward is calculated using the following formula:
Reward size = Commission size x Opening spread in points x Cost of a point
Let’s say your commission size is 40%.
A client registered under your partner link traded 1 lot BTCUSDm and its opening prices were Bid 8859.70 and Ask 8870.70. To calculate spread in points, deduct Bid from Ask and divide it by 0.1, which is a point size for BTCUSD:
Opening spread in points = (8870.70 – 8859.70) / 0.1 = 110
To find the cost of a point for a particular order, use our Trader’s calculator. According to the calculator, the cost of a point (pip profit) for this order is 0.1 USD.
Once we know all the numbers, we can use the formula:
Reward size = 0.4 x 110 x 0.1 USD = 4.4 USD
This would be the amount you’d get as a partner from this particular order.
Partner reward is subject to bonus coefficient where applicable. To know more about this, click here.