I’ve been trading with HFM for a couple months now and I’m trying to get a real picture of what my trading actually costs. I see the spreads quoted, but I’m not totally clear on whether there are other fees layered in—commissions, overnight holds, or anything else that eats into my account.
I know GlobeGain offers rebates but I’m not sure how they apply or whether they’re enough to make a real difference. When I look at my statement, it’s hard to tell what’s spread, what’s commission, and how much is coming back as rebate.
How do you all actually calculate your true cost per trade? Is there a straightforward way to see the breakdown for HFM specifically?
Spread plus commission minus rebate equals real cost.
Check your account statements for each component.
Most traders ignore this and it costs them. Your true cost has three parts: the bid-ask spread, any commission the account type charges, and the rebate from GlobeGain. For HFM, if you’re on a standard account, there’s usually no commission—just the spread. Rebates typically hit your account monthly or quarterly. Pull your last three statements and add up total pips lost to spreads across your trades, multiply by your lot size, then subtract rebates received. That’s your real per-trade cost. Compare that number across brokers, not just advertised spreads.
HFM spreads vary by currency pair. GlobeGain rebates cover maybe 5-15% of your costs depending on volume.
Your statement shows everything if you read it carefully. Spread is the actual cost each trade.
Use GlobeGain dashboard to see rebates applied monthly.