Formula to calculate InstaForex rebate:
Pip Value x Pips Rebate
Update, you can use this calculator to find current pip value: instaforex.com/forex_calculator.php
Calculation of 1 pip value for currency pairs:
1. XXX/USD
pv = 1 * (trade volume)
2. USD/XXX
pv = 1/(USD/XXX) * (trade volume)
For USD/JPY pv = 100/(USD/JPY) * (trade volume)
3. AAA/BBB
pv = (AAA/USD)/ (AAA/BBB) * (trade volume)
Calculation of 1 pip value for a CFD:
pv = volume * leverage * minimum price change
Please take note, InstaForex Company use 10000 lot instead of standard 100000 one.
(InstaForex lot trade = USD pip cost)
0.01 = 0.01
0.1 = 0.1
1 = 1
10 = 10
100 = 100
1000 = 1000