How do forex rebates work?
When you open a trading account using our links, forex brokers pay us a commission for each trade you place.
The commission is between $0.03 – $78, depending on the broker and trading instrument.
If you join our forex rebate program, we share the commissions with you.
For each trade you make, we will give you cashback.
It is the money your forex broker charges you in spreads and commissions.
With our forex trading rebates service, you earn whether your trade is a profit or a loss. It’s your money anyway.
In case you are wondering, forex rebates don’t affect your current trading conditions. Therefore, your spreads will stay the same, so will the commissions on ECN accounts.
What forex rebates only do is help you get back some of the money your spend on spreads and commissions.
Ideally, forex rebates work by lowering your trading costs.