Forex cashback is a rebate program that can help you make money on your currency trading. There are several different programs available, but they all have the same basic concept. These programs work to give you money for trading regardless of whether you lose or win the trade. Some offer better cashback than others, but you should know which ones are the best for you.
Cashback Forex is one of the newer forex rebate programs available to traders. It provides a user dashboard and works with several popular forex brokerage firms. The service does not charge any extra fees or commissions, and it pays rebates monthly. It has knowledgeable customer support and withdrawals are easy, too. If you have any questions, you can contact the company’s customer support team via email or chat.
You can also use the Premium Calculator to calculate your Forex rebate. This tool takes into account your preferences and your trading volume to determine the rebate amount that is right for you. You can select a popular Forex currency pair, account type, and Forex broker, and it will give you an estimate of how much you can expect to earn over the course of a month. For example, if you trade EURUSD five times a day with a 1.6 point rebate, you’ll earn about $1,680 every month.
Another great forex rebate service is PipRebate. It offers the highest rebate rates on currency trading and even offers a $10 welcome bonus to new customers. The company also has a great affiliate program that pays out up to 22% of referral rebates and offers 24/7 support. The best forex rebate program should include a website that provides reviews of forex rebate programs and compares their rates.