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How do Forex Rebates Work?
When you use our link to open a trading account with the broker, your account will automatically get assigned to our IB ID and we will receive a commission from the broker for the trades you make. This does not cost anything to you and you will not incur any hidden charges. Your spread will remain the same. Ultimately, you will be earning additional funds – a rebate – for the trades you make.
How Can I Receive my Forex Rebates?
We calculate rebates for the previous trading month and credit it to your e-wallet within the first 10 business days of the month. You may choose from a number of different methods in order to cash-out your funds. The funds payout is processed automatically to your selected payout method and no further withdrawal requests are required on your end.
Is it Worth to Signup With a Forex Rebate Provider?
It costs nothing to signup and is basically maintenance free for the trader. At the same time, it provides extra cash for each position trader, so it is hard to think of a reason why forex traders would not benefit from such service. Once again, we NEVER apply a spread markup, thus your trading costs with the broker remain the same.
Earning a rebate on each closed position will significantly reduce the cost and increase the possibility of earning profit. However, it is important to note that rebates do not guarantee profits and trader still must rely on consistent trading strategy in order to benefit from Forex trading.
What to Do if I Believe My Forex Rebate Calculation is Wrong?
We do provide a comprehensive live chat support to our clients. Not an automated auto-reply chat service, but a real live agent support. So if you believe your rebates received are incorrect, come and chat with us. You may also send us an email or a telegram. We guarantee that your case will be investigated with highest priority and any issues you face will be settled.
What to Do if I Cannot Find my Broker on Your List?
We are committed to expanding our range and continuously adding new brokers. If you cannot find your forex broker on our list, just let us know by sending us an email and we will do our best to have it added to our broker pool in a timely manner.