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Here you can calculate the amount of affiliate commission on the deals of the attracted traders.
A partner receives a commission anyway – whether the trades are winning, losing or zero-profit. The partner’s reward depends on the commission’s value, type of a trading instrument or volume of the client’s closed deal.
This calculator uses a standard commission size applicable to all the trading instruments: 1.5 pip on majors, 4 pips for exotic currency pairs, 20 pips on gold and silver etc. To see the full list of affiliate commission specifications, click here.
For instance,
Calculation of affiliate commission on EUR/USD
A client closed a trade of 0.1 lot.
One pip of EUR/USD equals 1 lot.
Thus, a 0.1 lot’s value is calculated by the following formula: 1*0.1 = $0.1.
Affiliate commission on the pair is equal to 1.5 pip for 1 lot: 0.1*1.5 = $0.15.
In total, affiliate commission on EUR/USD trade of 0.1 lot is $0.15.
Calculation of affiliate commission on CAD/JPY
For example, a client closed a 2 lots trade.
One pip of CAD/JPY equals 0.98 USD.
Thus, a 0.1 lot’s value is calculated by the following formula: 0.98*2 = $1.96.
Affiliate commission on the pair is equal to 4 pips for 1 lot: 4*1.96 = $7.84.
In total, affiliate commission on CAD/JPY trade of 2 lots is of $7.84.
Please note that 1 InstaTrade lot is equal to $10,000, which is ten times less than 1 standard lot. It means that using standard market lot while calculating your affiliate commission, you will get a tenfold reward as a result.
