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Understanding Close By Orders and Their Impact on Rebates

Understand how Close By offsets opposite positions and why Partner rebates depend on actual eligible trade records.

Understand how Close By offsets opposite positions and why Partner rebates depend on actual eligible trade records.

What happens to opposite positions?

Where Close By is available on a hedging account, it pairs opposite positions in the same instrument. For example, Close By on a 1.0-lot Buy and a 0.8-lot Sell closes the matched 0.8 lots on each side and leaves a 0.2-lot Buy position open. This example describes the position result only; it is not a calculation of spread cost, recorded deal volume or rebates.


How are costs and Partner rebates assessed?

Close By and separate closing can produce different execution and account-history records. Do not infer a fixed cost saving, recorded-lot total or rebate amount from the 1.0/0.8 example. Review the actual MT4/MT5 history and the applicable Partner Portal records.
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Only eligible closed trading activity can generate Partner rebates. The result depends on a holding period longer than 60 seconds, instrument rebate settings, account and Partner attribution, current programme terms, adjustments, reversals and review. An estimate or a chosen closing method does not guarantee a rebate.


If the records do not explain a rebate, ask for a review through Service Hub and provide the relevant trade references. Do not choose or repeat trades solely to obtain rebates.

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