Any Commission when making Withdrawals in Exness? How is the Reward calculated on each Account for Partners
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Commission
Exness does not charge any commission when making withdrawals.
Having said that, we would like to mention that the payment system that you choose to withdraw funds to might sometimes have a withdrawal fee or a minimum amount limit to allow commission free withdrawals.
We suggest you take a look at these details of your payment system of choice.
How is the reward calculated for Pro accounts?
All instruments available for trade on a Pro account have no suffix. For example, EURUSD, GBPUSD.
If a client is trading on instruments with no suffix, the reward calculation is fixed at 17% of the opening spread.
Instrument groups available for trade
The groups of instruments available for trade in Pro accounts are:
- Forex currency pairs including metals
- Indices
- Energies
- Stocks
Reward Calculation
Reward = 17% x Opening spread in points x Point Profit
A client registered under your partner link traded 1 lot EURUSD and its opening prices were Bid 1.11985 and Ask 1.12010.
Opening spread (in points) = (Ask Price - Bid Price) / Point Size
= (1.12010 - 1.11985) / 0.0001
= 2.5 points
To find the point profit for a particular order, use our Trader’s calculator. According to the calculator, the point profit for this order is 10 USD.
Therefore, Reward = 0.17 x 2.5 x USD 10 = USD 4.25
This would be the amount you’d get as a partner from this particular order.
The partner reward is subject to a bonus coefficient where applicable.
How is the reward calculated for Standard accounts?
All instruments available for trade on a Standard account go by the suffix ‘m’. For example, EURUSDm, XAUUSDm.
If a client is trading on instruments with the suffix ‘m’, the reward calculation will be based on the opening spread of the trade.
Instrument groups available for trade
The groups of instruments available for trade in Standard accounts are:
- Forex currency pairs including metals
- Indices
- Stocks
- Energies
Reward Calculation
Reward = Commission size x Opening spread in points x Point Profit
Let’s say your commission size is 33%.
A client registered under your partner link traded 1 lot EURUSDm and its opening prices were Bid 1.11980 and Ask 1.12000.
Opening spread (in points) = (Ask Price - Bid Price) / Point Size
= (1.12000 - 1.11980) / 0.0001
= 2 points
To find the point profit for a particular order, use our Trader’s calculator. According to the calculator, the point profit for this order is 10 USD.
Therefore, Reward = 0.33 x 2 x USD 10 = USD 6.6
This would be the amount you’d get as a partner from this particular order.
The partner reward is subject to a bonus coefficient where applicable.
How is the reward calculated for Standard Cent accounts?
All instruments available for trade on a Standard Cent account go by the suffix ‘c’. For example, EURUSDc, GBPUSDc.
If a client is trading on instruments with the suffix ‘c’, the reward calculation will be based on the opening spread of the trade.
Instrument groups available for trade
The group of instruments available for trade in a Standard Cent account is:
- Forex currency pairs including metals
Reward Calculation
Reward = Commission size x Opening spread in points x Point Profit
Let’s say your commission size is 35%.
A client registered under your partner link traded 1 lot EURUSDc and its opening prices were Bid 1.11980 and Ask 1.12000.
Opening spread (in points) = (Ask Price - Bid Price) / Point Size
= (1.12000 - 1.11980) / 0.0001
= 2 points
To find the point profit for a particular order, use our Trader’s calculator. According to the calculator, the point profit for this order is 0.10 USD.
Therefore, Reward = 0.35 x 2 x USD 0.10 = USD 0.07 (7 US Cents)
This would be the amount you’d get as a partner from this particular order.
The partner reward is subject to a bonus coefficient where applicable.
Bonus Coefficient
As a partner, when your referrals trade with their bonus, a bonus coefficient is used to calculate the reward payout.
Effect of Bonus Coefficient on Reward
The partner reward receivable is inversely affected by the amount of bonus that makes up the equity on the referral’s trading account. This means that the more equity is made up of bonus, the lesser the partner reward.
How to check the Bonus Coefficient
To check what the bonus coefficient applied to a certain reward payout is:
- Login to your Personal Area.
- Go to Reports Client Transactions.
- Set the range and click Apply.
- Click Show Details beside the transaction you would like to check out.
- The details will clearly show if any bonus coefficient was applied and how much it was.
Bonus Coefficient Calculation
Bonus Coefficient = (Current Equity - Current Bonus*) / Current Equity*
*where both equity and bonus parameters are taken into account at the moment of order opening.
Let us look at an example:
Say your partners reward should be 10 USD.
Clients bonus amount at the moment of order opening is 50 USD and current equity at the moment of order opening is 200 USD.
Bonus coefficient = (Current Equity - Current Bonus) / Current Equity
= (200 - 50) / 200.
= 0.75
Reward amount = Partner reward x Bonus coefficient
= 10 x 0.75
= USD 7.5
How is the partners’ reward calculated for Zero and Raw Spread accounts?
All instruments available for trade on a Zero and Raw Spread account go by no suffix. For example, EURUSD, XAUUSD.
If a client is trading on instruments with no suffix on the Zero and Raw Spread accounts, the reward calculation will be based on the instruments traded.
Instrument groups available for trade
The groups of instruments available for trade in Zero and Raw Spread accounts are:
- Forex currency pairs including metals
- Indices
- Stocks
- Energies
Commission Tiers
| Tier name | Commission (in USD) |
|---|---|
| Majors | 1.00-2.00 |
| Minors | 1.00-2.00 |
| Exotics1 (1 Most Liquid) | 1.00-2.00 |
| Exotics2 (2 Less Liquid) (USD, EUR crosses) | 2.50-5.00 |
| Exotics3 (2 Less Liquid) (not USD, EUR crosses) | 10.00-20.00 |
| Metals1 (Gold to USD) | 1.63-3.25 |
| Metals2 (Silver to USD) | 5.00-10.00 |
| Metals3 (Gold, Silver not to USD) | 10.00-20.00 |
| Crypto1 (BTCUSD) | 0.75-1.50 |
| Crypto2 (ETH, BCH) | 0.13-0.25 |
| Crypto3 (LTC) | 0.05-0.10 |
| Crypto6 (BTCKRW) | 1.50-3.00 |
| Crypto7 (BTCJPY) | 1.00-2.00 |
| Indices1 (HK50, US500, AUS200) | 0.06-0.12 |
| Indices2 (USTEC, UK100, FR40) | 0.13-0.25 |
| Indices3 (DE30) | 0.25-0.50 |
| Indices4 (US30) | 0.50-1.00 |
| Indices8 (STOXX50) | 0.10-0.20 |
| Energies (USOIL) | 2.00-4.00 |
| Stocks1 (BAC, CSCO, C, KO ... WFC, VZ) | 0.60-1.20 |
| Stocks2 (AAPL, FB) | 0.70-1.40 |
| Stocks3 (NKE) | 0.80-1.60 |
| Stocks4 (AMD, T, JNJ, PYPL, V, WMT) | 0.90-1.80 |
| Stocks5 (NVDA, MCD) | 1.00-2.00 |
| Stocks6 (BABA) | 1.10-2.20 |
| Stocks7 (NFLX) | 1.20-2.40 |
| Stocks8 (MA) | 1.50-3.00 |
| Stocks9 (AMZN) | 6.00-12.00 |
| Stocks10 (GOOGL) | 9.00-18.00 |
Reward Calculation
Let’s say a client registered under your partner link traded 2 lots in US Oil (Energies group) on a Raw Spread or Zero account.
If we assume commission per lot is USD 4, the reward is 2 x 4 = USD 8.
Kindly note that commission will only be credited to your account after the client closes the order. Reward payment is proportional if client trades in partial lots (e.g. 0.5 lots).
The partner reward for pending orders is paid only after the order is executed and finally closed.
How often are payments made?
Payments are made on a daily basis. At the very beginning of each day, we calculate the reward you have earned from all your clients transactions from the previous day and credit it to your account, so you can withdraw your income every day.
Can I receive a reward for my own transactions?
Receiving a reward for your own transactions is known as auto-referral.
Auto-referral is prohibited at Exness. This means that you are not allowed to use your own partner link to register a new account in order to receive a reward for your own transactions. In the cases we detect auto-referring, you will be sent a notice informing you that we are going to change the agent to "0".
Why havent I received my partner reward?
Waiting for your reward to arrive? Don’t worry, we have compiled a non-exhaustive list of reasons why it may be held up.
- The calculated reward is less than 0.01 of units of the partner account’s currency.
- The clients’ transactions were canceled due to their being executed during a spike.
- The account the client is trading from consists of only virtual funds (bonuses).
- The client may have closed an order in MT4 using the ‘close by’ option which leads to another order being created with 0 volume. There will be no commission paid for such orders with 0 volume.
- If you are trying to gain commission from your own trading by following your own partner link, it will not be rewarded. This is known as auto-referral and is prohibited at Exness.
- The clients were introduced using a trading account partner link related to Zero or Raw Spread accounts.
Below are some cases based on our Partnership agreement:
- The partner account or any other account managed or controlled by the partner or any of the introduced clients assigned to the partner are considered suspicious by the company.
- The company determines that the partner reward is derived from activity related, directly or indirectly, to fraudulent or illegal or deceptive practices.
- The introduced clients are performing actions in bad faith for generating partner reward.
- The partner account, or any account maintained in the name of the partner or attracted client account is blocked or placed in the archive in a manner required by sections of this agreement or the “Temporary Block of the Client Account” and “Inactive and Dormant Client Accounts” of the Client agreement and General Business Terms between the Company and the client if applicable. The provisions of this clause are applicable to the full period of archiving and/or blocking of partner accounts or any account maintained in the name of the partner or introduced clients linked to the partner.
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