How to Use the Forex Rebate Calculator?

To use the TradingFinder Forex Rebate Calculator, enter the detailed IB rebate program information and your trading details into the six sections of this tool. Steps to use the TradingFinder tool:

1. Discount Type: Define the rebate type based on the IB program—whether cashback is paid in pips or as monetary credit;
2. Forex Currency Pair: The rebate calculator supports major, minor, and exotic currency pairs, such as EUR/USD, GBP/JPY, USD/CHF, and AUD/NZD;
3. Base Currency: Select the base currency (account deposit currency) from 24 supported options (e.g., USD, EUR, GBP, JPY, CHF, etc.);
4. Rebate Rate per Lot: The rebate rate depends on the IB's payout structure. Enter the cashback amount received per lot;
5. Trading Volume: Enter the number of lots traded on Forex currency pairs;
6. Determine Currency Conversion Rate: Fetch real-time market data for conversion rate or write it manually;
7. Calculate: Click “Calculate” to receive the rebate estimation.