What is Backcom Exness?
Backcom Exness (Back Commission) is Exness's trading rebate program. Traders receive a portion of the commission or spread fees refunded through the broker's Partner (IB). Backcom Exness It is a win-win partnership model between IB and Exness traders. At Back Commision, you will receive a 80% rebate rate, the highest rebate rate currently available in the market.
Steps to Register for Backcom Exness
Registration Process to Receive Backcom Exness simple and extremely fast.
Account Types and Backcom Calculation
When trading 1 lot of gold on a Standard account, the trading fee a trader pays to Exness is 1.6 pips spread, equivalent to $16 per lot. Exness pays 40% to a Diamond-tier IB. Therefore, the back commission (Backcom) you receive is:
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Commission received by the IB from Exness: 40% x $16 = $6.4
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Backcom refunded to the trader by the IB: 80% x $6.4 = $5.12
Thus, if you join the Backcom Exness program at Backcom, when trading 1 lot of gold on a Standard account, you will save $5.12 in spread fees.
Why Should You Join Backcom Exness?
Backcom Exness operates based on a win-win relationship between the trader and the platform's Partner (IB). Traders save on transaction costs and have the opportunity to increase profits, while IBs enhance their competitive advantage.
Reduce transaction costs
By installing Backcom, you get a refund of a portion of the costs. If you trade in large volumes, you will save a significant amount.
ncrease profit
Use the backcom funds to improve trading strategies, expand positions, thereby helping to increase profits.
Flexible investment
Lower transaction fees help allocate capital more effectively, diversify the investment portfolio, and minimize risks.
Does installing Backcom Exness affect the account or trading?
Participating in receiving Backcom Exness does not affect your account or trading on the Exness platform.
It does not interfere with the process or results of your trades.
The only change is that the backcom money will be credited to your account if there are any trades. Backcom does not affect the order placement process or the win/loss result of the trade.
There is no change to the trading software.
You will still trade on the current software with all the tools and features as before. Receiving Backcom does not change anything on your trading platform.
You do not need to open any new accounts or install any other software.
To receive Backcom, you only need to perform a few simple and quick steps on your Exness account without having to go through any third party.
Why should you receive Backcom Exness at Back Commision?
Back Commision is a Diamond Partner of Exness, offering the highest refund rate of 80%. In addition to maximizing your benefits, we also assist in upgrading the rank for traders who wish to become an IB (Introducing Broker) of Exness.
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Frequently Asked Questions (FAQ)
Everything You Need to Know About Transaction Fee Rebates at Back Commision
How to Receive Backcom Exness?
There are 2 ways for you to participate in this program:
- Open a new Exness account with Back Commision's partner ID. This option is for those who do not yet have an Exness account.
- Change the Exness partner. This option is suitable for those who already have an Exness account. After successfully changing the partner, you need to open a new trading account ID, transfer money from the old ID to the new one, or deposit funds to start trading and receive Backcom.
How much money can I get refunded from the Backcom Exness program?
The amount Backcom receives depends on several factors, including:
- The type of trading account (Standard/Standard Cent/Pro/Zero/Raw Spread), the commission rate that the IB receives from the platform varies with each account type, and accordingly, the Backcom amount refunded to you by the IB will also differ across these account types.
- The type of trading asset (forex, gold, indices, etc.), as each trading asset has different transaction costs (commission and spread), so the Backcom amount will also vary accordingly.
- Trading volume: The more lots traded, the higher the Backcom amount received.
- IB's rank: The higher the IB's rank, the higher the commission rate they receive, leading to a higher Backcom amount refunded to you.
- Refund rate: Depending on each IB, the higher the refund rate, the greater the Backcom amount you will receive.
What is the Backcom rate I receive from Back Commision?
Back Commision offers a refund rate of up to 80%.
How is Backcom Exness calculated?
For example, if you trade 10 lots of gold on a Standard account: Since the Standard account does not charge commission fees, the only fee you pay to the platform is the spread. The spread for gold on a Standard account is typically 1.6 pips, which equals $16 per lot. If you trade 10 lots, the total spread fee would be $160. Exness pays a commission to a diamond-tier IB at a rate of 40% for Standard accounts.
The commission that the IB receives from Exness is: 40% x $160 = $64.
The refund rate at Back Commision is 80%, so the amount you will be refunded by the IB is: 80% x $64 = $51.2.