I’ve been using GlobeGain for a while now and I’m wondering if I’m actually maximizing it. I understand rebates come back as cashback, but I think I’m missing something about how much they actually add up across different RoboForex account types.
Like, if ECN has higher commissions, how do rebates factor in? If Pro has wider spreads but no commission, does the rebate make up the difference? And does the rebate percentage change based on which account type I choose?
I want to actually calculate this. Not a rough estimate—I want to know, for my trading volume and my preferred pairs, which account type ends up costing the least after rebates are included.
Has anyone done this math? What’s your actual monthly or weekly cost breakdown when you factor in spread plus commission plus rebate? And did the rebate calculation change your mind about which account type you were using?
Here’s the framework: total cost = (spread + commission) minus rebate.
ECN on RoboForex: 0.2 pip spread plus $3 per lot commission. If you trade 100 lots per week, that’s 20 pips spread cost plus $300 commission. Rebate varies by account but typically 0.3 pips per lot, so 30 pips back per week.
Pro account: 1.0 pip spread, no commission. Same 100 lots equals 100 pips cost. No rebate, typically.
Prime: 0.6 pip spread plus $1.5 commission. That’s 60 pips plus $150. Rebate might be 0.2 pips, so 20 pips back.
Convert spread pips to dollars using your pair’s pip value. For EUR/USD at standard lot size, 1 pip = $10. So ECN is $200 + $300 = $500 minus $300 rebate = $200. Pro is $1,000. Prime is $600 minus $200 = $400.
Do this calculation for your actual weekly lot volume and pair mix. That number is your real cost before spread the market gives you, and it’s what you should base your account choice on.
I calculated this for myself last quarter and it was eye-opening.
I was on Pro account thinking the no-commission fee was the winner. Calculated my actual costs: I traded about 80 lots per week, mostly EUR/USD and GBP/USD. That wider Pro spread on 80 lots per week cost me more than ECN’s commission plus a smaller spread would have cost.
Switched to ECN and registered with GlobeGain. The rebate came back as 0.35 pips per lot. Over weeks, that added up. My real cost per 100 pips of market movement went down by about 30%.
The rebate isn’t free money—it’s a reduction in what you already paid. But when you’re calculating total cost, it does shift which account actually wins. Worth doing the math for your own volume.
The easiest way I found was using a simple spreadsheet.
I listed my average weekly lot volume, my most-traded pairs, and the spread/commission for each account type. Then I calculated what the rebate would be based on GlobeGain’s rates for each account.
It took about 15 minutes but it showed me exactly which account type was cheapest for my style. Then I switched and actually tracked my costs for real for one month to confirm the math was right.
If you want to do this seriously, don’t rely on estimates. Plug in your own numbers.
Spreadsheet your weekly costs for each type.
One detail: GloboGain rebate rates might vary by account tier or by trading volume tier. Check their current rates for RoboForex specifically—don’t assume rebates are the same across all account types. A 0.5 pip rebate on ECN might not equal a 0.3 pip rebate on Prime when you do the full cost math.
Also track your actual fill prices for one week across account types if you can. Rebates are one thing, but if one account type gives you better execution and less slippage, that’s costless and it adds up. I found that ECN’s tighter execution actually saved me more than the rebate alone.
One thing that helped me was asking GlobeGain directly what the rebate would be for my account type and volume. They gave me an estimate and it matched my calculations pretty closely. Knowing the exact rebate made the decision between account types a lot clearer.
Check GlobeGain rebate rates per account type. Rates vary.