How Much Cashback per Lot? Lot Calculation Method and Examples
Not sure how much cashback you get per lot, or how it is calculated?
In short, it is cashback per lot × number of lots traded. One lot is 100,000 units, and one round trip counts as one lot.
This article walks through the calculation with sample figures. After reading, you can estimate how much you would get back from your own trading volume.
In short: cashback = USD per lot × number of lots
- One lot is 100,000 units. Some accounts also use mini or cent units
- The cashback amount is USD per lot × lots traded
- Many brokers count one round turn (entry and exit) as one lot
- XB's cashback amounts are not yet confirmed and will be posted on each broker page at launch
How many units is one lot? The unit of cashback
In FX, one lot generally means a standard 100,000 units. For USD/JPY, a trade of 100,000 dollars is one lot.
Cashback is stated as an amount (USD) per lot. The more lots you trade, the more you get back, in proportion.
- 1 lot = 100,000 units (standard definition)
- 0.1 lot = 10,000 units, 0.01 lot = 1,000 units
- Cent accounts and others may use different units, so check the broker's definition
Round turn vs. one way
A round turn combines two orders: the entry order that opens a position and the exit order that closes it. One way refers to just one of those two.
Depending on whether the cashback amount is based on round turn or one way, the same number can mean a different amount received. Make sure you compare on the same basis.
| Notation | How it is counted | When you trade 1 lot |
|---|---|---|
| Round-turn basis | Entry plus exit counts as 1 lot | Paid once for 1 lot |
| One-way basis | Entry and exit are counted separately | Paid twice, for entry and exit |
Cashback formula with 0.1, 1, and 10 lot examples
Formula
Cashback (USD) = cashback per lot × number of lots traded
The table below assumes 5 USD per lot. The figures are for explaining the calculation and are not actual cashback amounts.
| Volume (round turn) | Calculation | Cashback (example) |
|---|---|---|
| 0.1 lot | 5 USD × 0.1 | 0.5 USD |
| 1 lot | 5 USD × 1 | 5 USD |
| 10 lots | 5 USD × 10 | 50 USD |
How much is it in pips? USD/JPY and EUR/USD guides
For USD/JPY, a 1 pip move on 1 lot is about 1,000 yen of profit or loss. This is 0.01 yen per pip multiplied by 100,000 units.
For EUR/USD, 1 pip on 1 lot is about 10 USD. Using this conversion, you can restate the cashback amount in pips.
| Currency pair | Value of 1 pip on 1 lot | If 5 USD is returned |
|---|---|---|
| USD/JPY | About 1,000 yen | About 0.5 pips (varies with the exchange rate) |
| EUR/USD | About 10 USD | 0.5 pips |
Easily overlooked points in lot calculation
- Cashback amounts differ by account type, or some types may be excluded
- For CFD instruments such as gold and cryptocurrencies, the lot definition may differ from currency pairs
- Cashback may also be taxable income (check with a tax accountant or the tax office)
- Whether or not cashback applies, check trading costs against actual execution conditions
Enter your trading volume to estimate how much you would get back.
Use the cashback calculatorFAQ
Q.How much cashback do I get per lot?
It differs by broker and account type. XB's cashback amounts are not yet confirmed and will be posted on each broker page at the December 2026 launch. The amounts in this article are calculation examples.
Q.Do I get cashback on a 0.01 lot trade?
In most cases it is calculated in proportion to trading volume. However, some brokers set a minimum credited amount, so check the broker's terms.
Q.Does the cashback amount change between round turn and one way?
It changes depending on the basis. On a round-turn basis, entry and exit together count as 1 lot; on a one-way basis, they are counted separately. When comparing, look at them on the same basis.
This article is for information purposes only and is not investment advice. Conditions may change, so please check each broker's official page for the latest information. Offshore FX and CFD trading carries a risk of losses exceeding your principal.
