How Does the XNCE IB Commission Mechanism Work?

XNCE uses a spread-based rebate mechanism that ties IB earnings directly to client trading volume.

Core rules:

• Commission basis: Calculated from the actual spread (bid-ask spread) of each closed order × the agreed rebate percentage
• Settlement cycle: Triggered immediately upon order close; automatically settled every hour into the IB wallet
• No minimum hold time: Even ultra-short-duration positions generate rebates once closed

Formula: Commission = (Ask − Bid) × Contract Size × Lots × Rebate %

Example (Gold, 1 lot, 50% rebate): (4581.39 − 4581.23) × 100 oz × 1 × 50% = USD 8.00