Rebate’s calculator for World Forex
You can calculate the remuneration that you will receive after connecting your trading account to our rebate-service using the rebate’s calculator. Specify the trading instrument that you will trade (for example, the EURUSD pair), and the number of lots to make calculation. Click the “Calculate” and see how much you could get in a day, week, month, or year by simply connecting your account to our rebate-service. The table below demostrates summary information on all types of accounts the broker. You can find out the rebate level for each account type from the table and choose the one for which you will receive the largest payments, as well as find out the period of remuneration accrual.
Account types | Rebate type | Accrual period |
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A standard lot (100,000 units of currency) is always taken as a unit of volume measurement in the calculator, regardless of whether it is a cent account or a classic dollar account. If a spread or commission is floating, the calculator uses the average value.
Limit on the refund of the spread
All restrictions on rebate accrual are set by the broker, GoVPSFX has nothing to do with any restrictions. There are two main conditions that brokers use — MTP (minimum transaction length, measured in points) and MTT (minimum time to hold a trade on the market, measured in minutes). If a trader closes a trade without one of the conditions, GoVPSFX will not receive a partner fee and as a result, will not be able to pay the rebate to the client
The World Forex company has the following restrictions on rebate accrual:
- the minimum time to hold a trade on the market (MTT) is at least 2 minutes. This rule also applies to transactions whose volume (in whole or in part) was covered by a counter transaction for the same trading instrument for less than 2 minutes from the opening of the first transaction;
- the minimum length of the transaction (MTP) for each tool is individual. You can see the value here.
Instructions for connecting to the rebate service
FOR TRADERS WHO DO NOT HAVE AN World Forex ACCOUNT:
- Register on the GoVPSFX website, if you have not already done.
- Open a trading account by going to the broker’s website via this LINK. Before you go to the broker’s website, we strongly recommend you clear your browser cookies. Detailed instructions how to do this is here. You can also just use a browser that you rarely use.
- Submit a request to connect your account to the rebate-service via a special form in your personal account in the “Rebate”section. You will receive an email with a response after reviewing the application to activate the account. Submit a new request in the same way to connect a new account to the rebate-service.
FOR TRADERS WHO HAVE AN World Forex ACCOUNT:
- Register on the GoVPSFX website, if you have not already done.
- Write an email info@govpsfx.com with the “Rebate” mark, specify the broker’s name and trading account number or create a ticket through your personal account. You will receive an email in response with detailed instructions how to transfer your account to our partner group and connect it to the rebate-service.