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