Current location - Loan Platform Complete Network - Foreign exchange account opening - What do you mean by commission?
What do you mean by commission?
Manual rebate is a kind of expense settlement method in foreign exchange transactions. In foreign exchange transactions, each transaction will generate a certain amount of transactions, that is, the number of hands. The commission for the number of lots is based on the transaction volume, and there are two main ways to collect the commission. One is to add some commission, that is, to charge a certain commission on the basis of the transaction spread; The other is hand-count rebate, in which the dealer collects commission according to the number of hands of the customer in each transaction. Usually, it is more transparent and fair to return commission manually than to add commission.

The advantages of commission rebate mainly lie in high transparency and fairness. Customers can estimate the size of commission according to their own transaction volume, so as to better control costs and risks. In addition, commission rebate can also promote the cooperation between traders and customers, and customers can get more commission rebate through a large number of transactions, thus improving transaction profits.

However, the number of commission rebates also has its drawbacks, mainly income restrictions. There are usually some restrictions on manually calculating the commission return of kickbacks. If the customer's transaction volume is not large enough, the amount of commission refund will be very small. At the same time, commission rebate also needs a certain management fee, which is also a cost for traders and customers.

Manual rebate is mainly used in foreign exchange trading market. At present, with the continuous expansion of the trading scale in the foreign exchange market, the advantages of commission and rebate are becoming more and more prominent. Moreover, with the continuous enrichment of trading tools, the application scope of manual rebate is also expanding. For example, dealers now often combine hand rebate with other trading tools to provide more flexible and diversified trading services to attract more customers.