XM Forex Cashback — Fixed Dollar Rates for Every Major and Cross Pair

Short answer: on an XM Standard account registered under official XM partner code CBT90, Forex pairs pay a fixed cashback of $4.80 to $6.90 per standard lot — $4.80 on EURUSD, $5.30 on GBPUSD, $6.40 on the GBP and EUR crosses, $6.90 on GBPNZD. On the Ultra Low account (symbols ending #) the rates are $1.60 to $2.70. It is credited to your XM MyWallet the day after each order closes, from 0.01 lot, with no cap and regardless of whether the trade won or lost.

Forex cashback rates — Standard account (per lot)

Forex cashback rates — Ultra Low account (per lot, symbols ending #)

Why the crosses pay more than the majors

Cashback is a share of the partner commission XM pays on your trading, and that commission is funded by the spread. Cross pairs such as GBPNZD or EURNZD trade on wider spreads than EURUSD, so XM's partner commission on them is higher, and so is the cashback. The rate is fixed per lot for each group, so you always know in advance what a trade returns: a 1-lot GBPNZD trade is $6.90 back whether the spread that day was wide or narrow.

What the cashback is worth in pips

On a USD-quoted pair (EURUSD, GBPUSD, AUDUSD, NZDUSD) one pip on a standard lot is worth about $10. That gives a quick way to read the table:

• EURUSD $4.80 ≈ 0.48 pip back on every lot — on a spread of around 1.0–1.6 pips on the Standard account, that is a large share of the round-trip cost returned.
• GBPUSD $5.30 ≈ 0.53 pip back per lot.
• NZDUSD $5.30 ≈ 0.53 pip back per lot.

For pairs quoted in other currencies (USDJPY, EURJPY, GBPCHF…) the dollar value of a pip moves with the exchange rate, but the cashback stays fixed in dollars — $4.80, $5.30 or $6.40 per lot.

Standard or Ultra Low for Forex?

This is the one area where Ultra Low can win. The cashback gap on EURUSD is $3.00 per lot (=0.3 pip). If XM's live EURUSD# spread on Ultra Low is more than 0.3 pip tighter than the Standard EURUSD spread at the times you trade, Ultra Low costs you less overall even with the smaller cashback; if the gap is under 0.3 pip, Standard plus $4.80 wins. Scalpers who trade during peak liquidity often find Ultra Low ahead; swing traders holding for days usually do not notice the spread and are better paid on Standard. The full decision method is in Standard vs Ultra Low cashback, and you can hold both account types under one login.

Worked example — a month of Forex trading

Run your own mix of pairs and lots in the cashback calculator.

Conditions that apply to all Forex cashback

• Paid on closed volume, win or lose, from 0.01 lot, no cap.
• Credited to your XM MyWallet the next day; withdraw it or use it as margin. See how cashback reaches your MyWallet.
• Your spreads, leverage and execution are the same as any XM client's on that account type.
• Cashback comes from the partner commission XM generates on your trading; where XM's partner terms exclude a trade type from commission (very short-duration trades are the usual example), there is no cashback on it.
• Only accounts registered under partner code CBT90 earn it. Existing account without the code? Add one in five minutes.

CashBackXM is an independent cashback service and an official XM partner (code CBT90). We are not XM, we never hold your funds, and XM credits the cashback directly to your own MyWallet where you can see every payout. Forex trading involves significant risk; cashback lowers your cost per trade but does not change the risk of the trade itself.

XM Forex cashback — questions traders ask