Enter your expected monthly volume in lots, the rebate you earn per lot in dollars, and how many months to project. We show monthly rebate, total over that period, and a rough daily average using 22 trading days per month.
A rebate (or cashback) is an amount returned to you per lot or per commission paid, often through an introducing broker or loyalty program. It reduces your effective trading cost but does not replace normal spreads or commissions unless structured that way.
Programs quote a fixed dollar or pip amount per standard lot traded (or a fraction for mini/micro lots). Your monthly rebate is typically volume in lots multiplied by that rate, subject to the program's rules and any caps.
No. Rebates depend on your actual traded volume, the broker's or IB's terms, and whether the program remains available. Always read the official agreement and treat estimates as illustrative.
We divide monthly rebate by 22 to show a rough daily average, assuming about 22 trading days per month. This is an approximation; real months vary.
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