Exness Forex rebates are paid out by the company to its clients every month on their trading accounts. The rebate amount is calculated as a percentage of the spread. This percentage is deposited into your trading account automatically. There is no minimum or maximum amount for this rebate. You can deposit money via a variety of payment methods. You can deposit with Skrill (Moneybookers), Webmoney, Neteller, Filspay, Perfect Money, C-Gold, or Bank Wire. The Exness forex rebate is usually deposited into your trading account automatically.
Exness Group is an international forex broker founded by a team of financial experts in 2008. The company has gained recognition as a top broker by major online publications and ratings agencies. Its reputation has helped it to win the trust of many traders. The company offers tight spreads and fast execution, which helps to maximize your profits. It has tens of thousands of clients worldwide and is growing steadily.
The cashback amount is either fixed in US dollars or relative to the trade turnover and credited daily, weekly, or monthly. This is done in partnership with your broker. The rebate service works with Traders Union, and you must register on their website to be a part of it. You must also set up an account with your partner broker. Once your broker connects your personal accounts, you will receive payments every time you make a trade.
Exness Forex rebates work by reducing your trading costs. You’ll be paid a rebate per closed position or 100,000 base currency units traded. This translates into lower spreads and higher win ratios. However, many traders argue that they have to pay higher costs elsewhere to make up for the rebates they earn. This is a common misconception.