What is a Forex Rebate ?
Forex rebate it be discount per your trade, it depends on broker you participate each corporation has different discount levels. Your spreads and trading conditions WILL NOT change
When you open a broker account through us, we earn a commission on your trades and we pays you a rebate direct from your broker on every trade you make even you lose.
How much you can earn ?
Your earnings will depend on 3 things:
- The rebate rate at the broker you choose
- The pairs you trade
- The volume you trade on each pair
You can use rebate estimator to know how about it:
When and how you will get your payment ?(Please read careful)
Brokers typically provide trading records to CashBackForex no later than the 15th of the month following the close of each trading month. We then calculate your rebates, credit them to your profile and issue a payment no later than the 25th of the month following the month commissions were earned in.
Example: End of Trading MonthJanuary 30 Trading records received from BrokersFebruary 15 Credits and payments issued no later thanFebruary 25th
In keeping with our "desire to make payments as quickly as possible", we make early credits and payments between the 8th-12th of the month, for selected payment methods (Paypal, ACH and Liberty Reserve) when data is available from your broker. While we make these early payments whenever possible, we cannot guarantee early delivery, thus you should not expect a payment prior to the 25th of the month following the month commissions were earned
Items possibly paid between the 8th-12th of the month...
a) Brokers: Alpari UK, BaronFX, FxCBS, FXCMau, FXCMuk, FxOpen, FxPro, GallantFX, LiteForex and TadawulFX.
b) Affiliates for the above brokers
c) Customers or Affiliates using payout options of PayPal, ACH and Liberty Reserve for the above brokers
The items not able to be paid until the 25th of the month are...
a) Brokers: 4XP, AAAFX, AvaFx, DeltaStock, Dukascopy, FINFx, ForexYard, FXCC, FXDD, FxPrimus, HotForex, IamFx Au, Instaforex, Marketiva, Nord Markets, Pepperstone, ThinkForex, Trading Point, Varengold Bank Fx and Windsor Brokers.
b) Affiliates for the above brokers
c) All Customers and Affiliates with payout options of check and bank wire
Example: End of Trading MonthJanuary 30 Trading records received from BrokersFebruary 15 Credits and payments issued no later thanFebruary 25th
In keeping with our "desire to make payments as quickly as possible", we make early credits and payments between the 8th-12th of the month, for selected payment methods (Paypal, ACH and Liberty Reserve) when data is available from your broker. While we make these early payments whenever possible, we cannot guarantee early delivery, thus you should not expect a payment prior to the 25th of the month following the month commissions were earned
Items possibly paid between the 8th-12th of the month...
a) Brokers: Alpari UK, BaronFX, FxCBS, FXCMau, FXCMuk, FxOpen, FxPro, GallantFX, LiteForex and TadawulFX.
b) Affiliates for the above brokers
c) Customers or Affiliates using payout options of PayPal, ACH and Liberty Reserve for the above brokers
The items not able to be paid until the 25th of the month are...
a) Brokers: 4XP, AAAFX, AvaFx, DeltaStock, Dukascopy, FINFx, ForexYard, FXCC, FXDD, FxPrimus, HotForex, IamFx Au, Instaforex, Marketiva, Nord Markets, Pepperstone, ThinkForex, Trading Point, Varengold Bank Fx and Windsor Brokers.
b) Affiliates for the above brokers
c) All Customers and Affiliates with payout options of check and bank wire
Experience when chose broker to join:
Please read careful review about broker you want to join, why? because you can see how about traders consult together about it. Some brokers were scam or closed, it's make you have a best pick before to join.
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