How to Calculate GMI Rebate for Standard Bonus Account
For Forex, Indices, and commodities pairs
Rebate Coefficient = (Balance/Equity) x 100
Rebate per lot = (Rebate Coefficient x $8)/100
For example:
You trade 1 lot for EURUSD with balance: $500, Credit bonus: $65 then your equity is $565
Rebate Coefficient = (500/565) x 100 = 88.5
Your rebate per lot = (88.5 x 8)/100 = $7.04
For Gold Pair
Rebate Coefficient = (Balance/Equity) x 100
Rebate per lot = (Rebate Coefficient x $12)/100
For example:
You trade 1 lot for XAUUSD with balance: $500, Credit bonus: $65 then your equity is $565
Rebate Coefficient = (500/565) x 100 = 88.5
Your rebate per lot = (88.5 x 12)/100 = $10.62