At FXTRADING.com, transparency in volume calculations is essential for partners to optimize rebate tiers and loyalty progression. In the FXTRADING.com Partnership Tiers & Loyalty Program, performance is measured by the total Notional Trading Volume in USD (Millions).
Because different asset classes—such as Forex and Metals—feature varying contract sizes and base currencies, the number of lots required to reach $1,000,000 in volume fluctuates. This article explains how these figures are calculated using a Round Turn (Open + Close) methodology to help you track your progress toward the next tier.
1. USD/JPY Example (USD as Base Currency)
For Forex pairs where the United States Dollar (USD) is the first currency listed (e.g., USD/JPY, USD/CHF, USD/CAD), the notional value of one standard lot is fixed at $100,000 USD.
Calculation Logic for USD-Base Pairs
To determine the volume for USD-base pairs, we calculate the sum of the opening and closing transactions.
1 Lot Open: $100,000
1 Lot Close: $100,000
Total Volume per Lot (Round Turn): $200,000
To Reach $1M Notional Volume
To reach the $1,000,000 milestone with USD/JPY, you must trade exactly 5.00 Lots.
Formula: 1,000,000 / 200,000 = 5.00 Lots
2. EUR/USD Example (Non-USD Base Currency)
For currency pairs where the base currency is not USD (e.g., EUR/USD, GBP/USD, AUD/USD), the notional volume depends on the current market exchange rate at the time of the trade.
Calculation Logic for Non-USD Base Pairs
The volume is determined by the contract size, the market price, and the round turn factor.
Formula: Lots * 100,000 (Contract Size) * Current Market Price * 2 (Round Turn)
Example: EUR/USD at 1.1000
Step 1 (Open): 1 Lot * 100,000 * 1.1000 = $110,000
Step 2 (Close): 1 Lot * 100,000 * 1.1000 = $110,000
Total Round Turn Volume: $220,000
To Reach $1M Notional Volume
Based on an exchange rate of 1.1000, you would need to trade approximately 4.55 Lots.
Formula: 1,000,000 / 220,000 = 4.55 Lots
3. XAU/USD Example (Gold)
Gold (XAU/USD) volume is highly dynamic because the notional value is based on the dollar price of 100 Troy Ounces per standard lot.
Calculation Logic for Precious Metals
The volume for metals is calculated by multiplying the contract size by the market price of the metal.
Formula: Lots * 100 (Ounces) * Market Price * 2 (Round Turn)
Example: Gold at $2,500/oz
Step 1 (Open): 100 oz * $2,500 = $250,000
Step 2 (Close): 100 oz * $2,500 = $250,000
Total Round Turn Volume: $500,000
To Reach $1M Notional Volume
At a price of $2,500/oz, you must trade 2.00 Lots to reach $1,000,000 in volume.
Formula: 1,000,000 / 500,000 = 2.00 Lots
4. Important Considerations for Partners
Real-Time Tracking: All loyalty program and tier calculations are performed automatically in real-time within your Partner Portal.
Market Fluctuations: For non-USD base pairs and metals, the exact number of lots required to reach $1M will shift as market prices change.
Tier Benefits: Achieving higher notional volume milestones unlocks specific advantages such as reduced spreads, increased rebates, and priority support.
Contact Support
Live Chat: Available via the FXTRADING.com website and Partner Portal.
Email: [email protected]