What is Exness Backcom?
Backcom (Back Commission) is a trading fee rebate program that forex brokers apply to their traders through the broker’s Introducing Partners (IBs).
Exness Backcom is the trading fee rebate program applied to traders who are trading on Exness. With Exness Backcom, traders can receive back a portion of trading fees (including spread and/or commission) paid to the broker when trades occur, through an IB with an automatic cashback feature. Currently, Backcom101.io is a Diamond Partner, the highest tier of Exness; when traders register to receive backcom under Backcom101.io’s referral code, they will be applied a 100% rebate rate, the highest level in the market.
Backcom101.io is an Exness Diamond Partner. Therefore, the commission level received is the highest, and customers will be refunded 100% of this commission amount.
Why should you receive Exness Backcom 100%?
There are 2 reasons why traders should register to receive Exness Backcom 100%.
First, Exness Backcom 100% helps traders save on trading costs
When trading forex, traders have to pay the broker a trading fee, including spread and commission. For example, if a trader trades 1 lot of gold on Exness’s Standard account, the trader has to pay 16$ in spread fees (because this account does not charge commission). If the trader registers to receive backcom under a diamond IB, the trader will be refunded 6.4$. Clearly, backcom helps traders save 40% of trading costs. If you trade large volume such as 5 lots, 10 lots per day, the backcom received will be very large.
With this backcom money, traders can add it to capital to continue trading or withdraw it depending on their needs.
Second, backcom does not affect any other aspects of the trader’s Exness account
Backcom works like a promotional program: when trades occur, the trader’s account is automatically credited with an amount of money, similar to a new deposit transaction. Backcom does not affect spreads, does not widen spreads, does not affect order execution, and does not affect any other aspects of the trader’s Exness trading account or Exness personal area account. Receiving backcom means the trader is receiving a bonus, a benefit that Exness offers to the broker’s customers. If the trader does not receive backcom, that money will be taken entirely by the broker and the IB.
Therefore, there is no reason why traders should not receive Exness Backcom 100%; on the contrary, any traders who have not registered for Exness Backcom 100% should register right now to save trading costs as soon as possible.
How to receive Exness Backcom 100%
For traders who do not yet have an Exness account, to receive Exness backcom 100%, you must open a new trading account on the broker with Backcom101.io’s referral code, then deposit funds into the account and trade to receive backcom.
Method 1: Open a new Exness account
Step 1: Visit exness.com and click Register
Step 2: Use your email to register an account. In the Partner code field, enter the code: pro91
Step 3: After successfully registering the account, log back in to the Exness Personal Area and click Complete profile.
Step 4: Complete the account verification process as instructed.
Step 5: Deposit funds and start trading to receive Exness backcom 100%.
Once your new Exness account is linked with Backcom101.io, going forward, no matter how many new MT4/MT5 trading accounts you open and trade on, you will automatically receive Exness backcom 100%.
Method 2: Change your Exness partner (IB)
This method is for those who already have an Exness account; you only need to change your partner to receive Exness backcom 100%.
Step 1: Log in to your Exness account.
Step 2: Send a message to live chat with the content “Change partner”. The chat bot will send you a link; click that link.
Step 3: In the Change partner dialog, choose the reason for changing partner as “Discount”, then copy this partner link: https://one.exnessonelink.com/intl/vi/a/pro91 and paste it into the Partner link or partner wallet account number field.
Step 4: After the Change partner request is accepted, go back to the Personal Area to open a new trading account.
Only when you trade on this new trading account will you receive backcom. Therefore, you should transfer funds from the old trading account to this new trading account to receive backcom, because trading on the old trading account will not receive backcom. That is Exness’s policy. And from the moment the partner change is successful, if you open additional new trading accounts, all of these new accounts will automatically receive backcom.
Frequently Asked Questions
1. How do I receive Exness Backcom?
There are 2 ways for you to join this program:
Method 1: Open a new Exness account with Backcom101.io’s referral code. This method is for those who do not yet have an Exness account.
Method 2: Change your Exness partner. This method is suitable for those who already have an Exness account. After successfully changing the partner, you need to open a new trading account ID, transfer funds from the old ID to this new ID or deposit funds to start trading and receive Backcom.
2. How much money can I be refunded from the Exness Backcom program?
The amount of Backcom you receive depends on many different factors, including:
– Trading account type (Standard/Standard Cent/Pro/Zero/Raw Spread): the commission level that the IB receives from the broker differs for each account type, so the Backcom level the IB refunds to you will also differ across these account types.
– Trading asset type (forex, gold, indices…): each asset has different trading costs (commission and spread), so the Backcom level will also differ.
– Trading volume: the more lots you trade, the more Backcom you will receive.
– IB tier: the higher the tier, the higher the commission rate the IB receives, leading to a higher Backcom amount paid to you.
– Refund rate: depends on each IB; the higher the refund rate, the more Backcom you receive.
3. What refund rate do I receive from Backcom101.io?
Backcom101.io supports a refund rate of up to 100%.
4. How is Exness Backcom calculated?
The calculation of Exness Backcom depends on the account type and the trading asset.
For example, you trade 10 lots of gold on a Standard account. Because the Standard account does not charge commission, the only fee you pay to the broker is the spread. The gold spread on a Standard account is usually 1.6 pips, i.e., 16$/lot. If you trade 10 lots, the spread cost is 160$, and the commission Exness pays to a diamond-tier IB is 40% on the Standard account.
The commission the IB receives from Exness is: 40% x 160$ = 64$
The refund rate at Backcom101.io is 100%, so the amount you will be refunded from the IB is: 100% x 64$ = 64$
Conclusion
Besides reducing trading costs, even if you trade at a loss, there will still be an amount of money credited to your account, helping you have more capital to trade. Moreover, by choosing to register to receive Exness Backcom 100% under the diamond partner Backcom101.io, you will be supported by Backcom101.io’s team with other issues such as deposits/withdrawals, trading on Exness, and trading knowledge and experience from team members who are long-time traders. Therefore, from now on, claim all of these benefits by registering to receive Exness Backcom 100%. During the registration process, if you have any questions, you can contact Backcom101.io via the following contact information:
ZALO: 0868933361
Telegram: @Vietnd91
