FxOpen AU Rebates | 15% rebate on Commissions Paid
Receive a 15% rebate on every trade. Rebates will be paid directly to your FxOpen AU eWallet within the first two weeks of the month following your trade activity. This way, you save on payment processor fees, such as PayPal or Money Bookers.
You will need to email me your eWallet number in order for me to send you the rebates.
FxOpen AU rebates calculation example and account types
| Account Type | Micro ECN | Standard ECN | VIP ECN |
| Minimum Deposit | 200 AUD | 1,000 AUD | 25,000 AUD |
| Leverage | Up to 1:100 | Up to 1:500 | Up to 1:200 |
| Stop level | Zero stop level | Zero stop level | Zero stop level |
| Spreads | Live spread table below | Live spread table below | Live spread table below |
| Regulation | ASIC | ASIC | ASIC |
| Commission charged | 10 units of base currency per rt lot | 5 units of base currency per rt lot | 3.6 units of base currency per rt lot |
| Commission charged example | If you trade 1 lot of EURUSD, commission charged is 10 Euros If you trade 1 lot of USDCHF, you will be charged 10 USD | If you trade 1 lot of EURUSD, commission charged is 5 Euros If you trade 1 lot of USDCHF, you will be charged 5 USD | If you trade 1 lot of EURUSD, commission charged is 3.6 Euros If you trade 1 lot of USDCHF, you will be charged 3.6 USD |
| Abundance Trading Group Rebate | 15% rebate of commissions charged per rt lot | 15% rebate of commissions charged per rt lot | 15% rebate of commissions charged per rt lot |
| Abundance Trading Group Rebate calculation example | If you trade 1 lot of EURUSD, commission charged is 10 Euros Your rebate = 15%*10eur = 1.5 eur If you trade 1 lot of USDCHF, commission charged is 10 USD Your rebate = 15%*10USD = 1.5 USD | If you trade 1 lot of EURUSD, commission charged is 5 Euros Your rebate = 15%*5eur = 0.75 eur If you trade 1 lot of USDCHF, commission charged is 5 USD Your rebate = 15%*5USD = 0.75 USD | If you trade 1 lot of EURUSD, commission charged is 3.6 Euros Your rebate = 15%*3.6eur = 0.54 eur If you trade 1 lot of USDCHF, commission charged is 3.6 USD Your rebate = 15%*3.6USD = 0.54 USD |
Your spreads remain exactly the same – There is no spread mark up to provide you this service.
Sign up instructions and existing accounts
To sign up for the above FxOpen AU rebates for all account types, please click here.
Once you open your account, please email me your eWallet and MT4 trading account number so that I can send you your rebates – linton@abundancetradinggroup.com
If you have an existing account and wish to receive the 15% commission rebate, simply create an additional account and place our agent code 2006986 into the ‘agent’ field. Finally, do an internal funds transfer from your current trading account to your new trading account and you’re set to receive the rebates. (instructions also available in the image below)
Questions?
Email us: linton@abundancetradinggroup.com
Skype us: iwillsurvive100
Read our FAQs
Contact us through our contact page
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Regulation and Live Spreads Comparison
FxOpen Australia is ASIC regulated. Their spreads are the best in the industry – You can compare them with other brokers in the live spread table below
Trade server location & execution speed from CNS New York VPS
Their trading servers are located in New York and co-location is possible from a New York based VPS from CNS (Commercial Network Services) or Beeks. Execution speed from my CNS New York VPS is about 100ms (Yes it is very fast. I am surprised at the speed too)
My VPS specifications: CNS New York, Trader’s VPS Standard Edition, 4 cores 2GB ram, Win server 2012.
Genuine limit orders
FxOpen AU treats limit orders as genuine limit orders, just like how a futures exchange would. This means that you are guaranteed to be filled at the limit order price requested or better (no slippage guaranteed) However, you are not guaranteed to be filled if there is a lack of liquidity. This page explains in detail how FxOpen fills treats its limit orders.
Most other MT4 brokers treat limit orders as market orders. This means if price triggers your limit order, your broker will fire off a market order to the interbank market, which is vulnerable to slippage.
True ECN marketplace
In a true ECN environment, the limit orders you place will appear in the ‘level 2’ depth of market. This is exactly the case with FxOpen AU. You will be able to see the limit orders you place in the level 2 depth of market application.
This page shows in detail how your orders are seen in the real marketplace, just like a stock or futures exchange.
You can download the FxOpen market depth application here
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