Spread rebate vs fixed per-lot rebate: which to choose?
Rebates are usually priced two ways: as a percentage of the spread, or as a fixed amount per lot. Understanding the difference helps you compare providers.
Percentage of spread
Rebate = spread cost x rebate rate. The larger the spread, the larger the rebate; it often pairs with raw-spread + commission accounts and suits instruments whose spread varies (e.g. gold).
Fixed amount per lot
Rebate = amount per lot x lots. Simple and predictable, easy to plan around; suits traders who stick to a few instruments and value certainty.
How to compare
- Estimate your monthly rebate under both models using your typical lot size and number of trades.
- Watch the spread itself: low spread + high rebate rate usually beats high spread + low rebate.
- Note the payout cycle and thresholds (daily / weekly / monthly).
Use the rebate calculator for a per-lot estimate, then compare against a % model. See the INFINOX rebate page.