TL;DR — Cashback for 100 lots a month depends on your broker and account type, but the math is simple: multiply your per-lot rebate by 100. For example, a $3 per-lot rebate would give you $300 monthly, win or lose. Use Expaid's rebate calculator to see exact numbers for your broker.
How cashback for 100 lots is calculated
Cashback, also known as a rebate, is a portion of the trading commission that your introducing broker returns to you. When you trade through Expaid, we receive a commission from your broker based on your trading volume, and we pass most of it back to you on a per-lot basis.
The formula is straightforward:
Monthly cashback = per-lot rebate × number of lots traded
So, if you trade 100 lots in a month, and your rebate is, for example, $3 per lot, you would earn $300. This is paid daily, regardless of whether your trades are profitable.
To find your exact per-lot rebate, check our broker rate board or use the rebate calculator for a precise estimate.
What affects your actual cashback rate
Your per-lot rebate isn't fixed across all brokers or accounts. Several factors influence the final rate you see on the rate board:
- Broker and account type: Standard accounts often have lower rebates than raw or zero-spread accounts, because the commission structure differs.
- Instrument: Forex pairs like EURUSD typically have different rebates than gold (XAUUSD). Check the specific rate for the pair you trade.
- Your trading volume: Some brokers offer tiered rebates—the more you trade, the higher the per-lot rate. Trading 100 lots a month might qualify you for a higher tier.
- Promotions and loyalty programs: Occasionally, brokers run limited-time offers that can boost your rebate.
To see current rates for your preferred broker and instrument, visit our forex cashback and gold cashback pages.
Example scenarios for 100 lots
Let's illustrate with a few hypothetical rebate rates. Remember, these are just examples—your actual rate depends on your broker and account.
| Per-lot rebate (example) | Lots per month | Monthly cashback |
|---|---|---|
| $2 | 100 | $200 |
| $3 | 100 | $300 |
| $5 | 100 | $500 |
| $7 | 100 | $700 |
As you can see, even a modest per-lot rebate adds up over 100 trades. If you trade consistently, this cashback can meaningfully reduce your overall trading costs.
In our view — Cashback is not a substitute for a solid trading strategy, but it is a reliable way to lower your effective spread and commission. When comparing brokers, always factor in the rebate you can earn, because it directly impacts your bottom line.
How to maximize your cashback on 100 lots
To get the most from your trading volume, consider these steps:
- Choose a broker with a competitive rebate rate. Use our broker comparison to see how different brokers stack up.
- Ensure you're using a commission-based account. Rebates are typically higher on raw or zero accounts, as the spread is lower but a commission is charged—and that commission is what we share.
- Trade consistently. Many brokers reward higher monthly volumes with better rates. If you're near a volume threshold, you might earn more per lot.
- Check your rebate regularly. Rates can change, so keep an eye on the rate board to ensure you're getting the best deal.
- Consider switching if you're under-rewarded. If your current broker doesn't offer cashback or offers a low rate, you might be missing out. Use our switch calculator to see how much you could earn by moving.
Remember, cashback is paid on every lot, win or lose, so it's a consistent way to offset costs.
Realistic expectations: what 100 lots means
Trading 100 lots a month is a significant volume. For a standard account, that might represent 100 round-turn trades of 1 lot each, or 10 trades of 10 lots. For a day trader, it's achievable; for a swing trader, it might be on the higher side.
Your actual cashback will depend on your broker's rate and your trading frequency. To get a precise estimate based on your trading style, use the rebate calculator and input your average monthly lots.
Does cashback affect your spreads or execution?
No. Cashback is returned to you separately from your trading account. It does not change your spreads, commissions, or execution quality. Your broker treats you like any other client; the rebate is an extra benefit from Expaid.
This means you can combine cashback with other broker promotions or loyalty programs, as long as they don't prohibit it. Always check your broker's terms, but in general, cashback is a straightforward way to reduce your effective cost.
Where to go next
Now that you know how to calculate your potential cashback for 100 lots, why not see exactly what you could earn? Visit our rebate calculator and input your trading volume to get a precise figure. If you're not yet with a broker that offers cashback, explore our broker reviews to find the best fit for your trading style, and start earning on every lot you trade.