Glossary · Forex rebatesIB commission
IB commission is what a broker pays an introducing broker per lot its clients trade. The broker funds it from the spread and fees it already earns, so the trader pays nothing extra. A rebate is a share of it.
Brokers pay for new clients. One way is to pay the partner who referred them, per lot those clients trade. That payment is the IB commission.
The where rebates come from lesson traces it step by step.
How IB commission is set and paid
Each broker keeps a partner schedule: an amount per lot, or a share of the spread, for each account type and instrument. When you close a lot, the broker credits the commission to the introducing broker on your account.
It is not charged to you, unlike the commission on a raw spread account. If no partner is attached, the broker simply keeps that money.
The IB may keep it all or pass some back as a forex rebate. As read on 30 October 2026, AutoFXRebate passes back 100% at Exness and 90% at XM.
A worked example
On 30 October 2026, AutoFXRebate listed $8.10 per lot on EUR/USD for the XM Standard account, already the trader's 90% share. The full IB commission is $8.10 ÷ 0.90 = $9.00, so the IB keeps $0.90.
With the 2.0 pip median spread measured on XM Standard on 29 October 2026, one lot cost $20.00. Of that, $9.00 went to the IB commission and $11.00 stayed with the broker.
At Exness, where AutoFXRebate returns 100%, the rebate you receive is the whole IB commission.
Questions
Do I pay the IB commission?
No. The broker pays it out of what it already earns on your trades, and at Exness and XM your spread is the same with or without a partner.
How much IB commission does a broker pay?
It depends on the broker, the account type and the instrument, and the schedule can change. If a rebate page shows the trader's share, you can work back to the full amount.
More terms in this chapter
BreakevenBreakeven is the point at which a trade covers its own costs and closes at zero. Because you pay the spread and any commission when you open, price must first move your way by that many pips. A rebate cuts the net cost and moves breakeven closer.
Trading bonusA trading bonus is promotional credit a broker adds to your account. It is usually sized to your deposit and often comes with conditions, such as a volume target before withdrawal, and can be removed when you withdraw. A rebate is cash and carries no such conditions.
Learn it in full
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