Would you like to learn how to save up to 100% on trading commission on EXMO? Let us show how to get the maximum return via cashback.
New tariff policy was initiated on the EXMO exchange. As a result, we adjusted trading commissions, the Cashback tariff grid, and also improved the Premium Cashback packages. Today, let us figure out how to trade with a minimal commission on EXMO!
Cashback on the EXMO exchange is a refund of the commission paid for trades. It works automatically:
The sum is calculated and paid in the currency of the trade. For example:
Using cashback, you can not only return up to 93% of the commission but also receive an automatic rebate for market makers. We developed 12 levels that correspond to a specific trading volume. Each user with a $ 5000+ trading volume will receive automatic cashback daily.
More detailed information about the commission system and cashback on the EXMO exchange is available here.
With EXMO Coin. Buy Cashback Premium and save even more on the trades: up to 100%! There are 4 EXMO Coin packages: Basic, Standard, Advanced, and Premium. A user at each trading level will be able to choose a beneficial Premium Cashback plan. It will not only cover the purchase cost but also bring additional profit.
So that you can see the benefits of Premium Cashback for yourself, let’s figure out how to calculate its profitability based on your trading volume.
You can find your 30-day trading volume on the Trade page in the widget, which also displays your current Cashback level.
The easiest way to find your effective fee is to look at the “Fees” widget located in the Orders block.
Take, for example, your trading volume was $96,000, while your effective commission is 0.14% for Maker- and 0.22% for Taker-deals.
Fee = Trading Volume ($) x Effective Commission (%)
Consider three trading options:
$96,000 x 0.14% = $134.4
$96,000 x 0.22% = $211.2
($134.4 + $211.2) / 2 = $172.8
In the April 2020 announcement, we published a table recommending the appropriate Premium Cashback package for each trading level.
With a $96,000 trading volume, the Standard tariff plan for $10 is recommended. This will give a 66% discount on Maker- and a 33% discount on Taker-deals. Thus, the effective fee will be 0.10% for Taker- and 0.20% for Maker-transactions.
Let us calculate how much commission you will pay in three trading options:
$96 000 x 0.10% = $96
You will save:
$134.4 – $96 = $38.4, where $28.4 is a net profit
$96,000 x 0.20% = $192
You will save:
$211.2 – $192 = $19.2, where $9.2 is a net profit
($96 + $192) / 2 = $144
You will save:
$172.8 – $144 = $28.8, where $18.8 is a net profit
Use this simple formula for calculating the profitability based on your trading volume to see for yourself how Premium Cashback will minimize your transaction fees.