DislikedHopefully I can clarify things MACDoug. The base rate (without rebate) is $6.00 USD / RTL, but the lot sizes are denominated in USD. For example, with the EUR at 1.3591 USD a lot of EURUSD is actually $135910 USD ($100000 * 1.3591), so you are paying a $6.00 USD / RTL rate (by default) on that $6 USD *(135910/100000) = ~$8.15 USD payable commission. With my rebate it works out to ~$7.32 USD / RTL = 5.39*(135910/100000). Note that these rebates are manually paid out though, not discounted in real time. Building on this, also note that the open and...Ignored
No longer trading forex. Looking for full time job.