What Is a Forex Rebate?

The forex rebate is a form of remuneration given by forex brokers to their clients without assessing the position of the trader. Forex traders around the world make use of this rebate to improve their profits while reducing kerugian. However, there are some things to keep in mind before you start receiving rebates.
Forex rebates are often given in pips, a unit of measurement. These are given on the major currencies such as EUR/USD, USD/JPY, GBP/USD, AUD/USD, and NZD/USD. They are also given on commodities and cross pairs. In addition, rebates can be given in lot form.
The forex rebate is an incentive given by the broker to encourage the trader to use their platform. It is usually equal to the amount of the spread that the trader has placed in the trade. In some cases, the trader and the IB work together to get the rebate. In such a case, the trader may also have a better chance of earning rebates if he does not have an IB.
Forex rebates are also known as komisi. They refer to the spread that is used to trade a currency pair. In exchange, the trader receives a rebate after the trade is complete. However, a rebate does not apply if a trader has a loss.
Traders union also offers rebates. If you have a problem pertaining to your rebates, the Traders Union offers rebate support to assist you in resolving the issue. They also help you forward any rebate complaints to your broker. A rebate can help you recover your losses, which is a valuable tool.

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