I’ve been trying to calculate my actual trading costs with Exness and I keep getting confused about how the rebates actually factor in. I can see the spreads listed on their site, but when I add GlobeGain cashback on top of that, I’m not sure if I’m doing the math right.
Like, if Exness shows 0.7 pip spreads on EUR/USD and GlobeGain is offering a 0.5 pip rebate, does that actually bring my total cost down to 0.2 pips? Or am I oversimplifying it?
I’m trying to compare Exness against a couple of other brokers right now, and the rebate piece is making it harder to do an apples-to-apples comparison. How are you guys actually calculating your net cost per trade when rebates are involved?
Spread minus rebate equals your real cost. Yes that’s it.
You’re on the right track but there’s more to it. Your calculation is correct: 0.7 pip spread minus 0.5 pip rebate equals 0.2 pip net cost. That’s how GlobeGain rebates work.
But don’t stop there. Add commissions if your account charges them. Some brokers charge per lot plus spreads. On Exness Standard there’s no commission, just spreads. On Pro accounts it’s around 2-2.5 dollars per lot plus tighter spreads.
For comparing brokers: calculate total cost = (spread + commission per lot) minus rebate. Do this for the pairs you actually trade, not just EUR/USD. Costs vary by instrument.
Then compare execution quality. A 0.2 pip cost is meaningless if you get slipped 1 pip on entry.
One detail that matters: GlobeGain rebates are usually fixed per lot. So on Exness Standard with a 0.5 pip rebate per lot, you get that rebate on every trade regardless of spread changes. During high volatility when Exness spreads blow up to 3 pips, your rebate is still 0.5 pips. That’s actually valuable on volatile pairs.
Compare this against brokers with commission-based pricing where your costs rise during volatility too. The rebate buffer helps you during chaotic periods.
Yeah, subtract the rebate from the spread. That’s your net cost. Pretty straightforward once you see it.
I track this pretty carefully because it directly affects my profitability. Here’s what I do:
First, I check Exness’s actual spread on the pair I’m trading at the time I’m trading. Not the advertised average, but what I see in my terminal. Spreads are dynamic.
Then I subtract my GlobeGain rebate rate for that broker and account type. Most rebates are fixed per lot, so the math stays consistent.
The result is my net cost per pip move. On EUR/USD with Exness Standard, that’s usually 0.2-0.3 pips after rebate. On GBP/USD it’s higher because the spread is wider.
Then I compare that against other brokers I’ve tested. That’s how I decided Exness was worth using for my scalping strategy. The net cost after rebates made sense.
One more thing I learned: different GlobeGain rebate levels might apply to different account types. Check that the rebate rate quoted is actually for the Exness account tier you’re planning to use.
I’ve seen people assume a rebate rate applies to all accounts, but it might only be for Standard. If you want Pro accounts, you might get a different rebate percentage. That changes your final cost calculation.