Cashback forex widgets are tools that help traders maximize the amount of money they make on each trade. Cashback programs typically offer a fixed amount of money back to clients who achieve a certain trading volume. The cashback brokers also track client trading activity through a loyalty program. The higher the loyalty status, the more money you can earn back from each trade. This incentive is especially helpful for traders who trade in small time frames, or scalping.
These programs are similar to those offered by credit card companies and banks. For example, credit card companies offer rebates and banks lower their interest rates to loyal customers. In the same way, FX brokers aim to please their clients and offer goodwill by giving back profits to them. In return, they may even offer more valuable products or services.
