A forex cloud rebate is a way for traders to get extra money from their brokers. The company usually credits the customer’s account for the amount of money that they would have otherwise paid in vendor fees. The rebate is paid on commissions from trades that the customer places through the company’s network of forex brokers.
This rebate can be as small as $1.50, depending on the brokerage, and can add up if you trade more than a few lots a day. In some cases, brokers can offer a tiered rebate system, with the rebate amount increasing as the number of trades increase. Some rebates can be as much as eighty percent, depending on the broker.
In order to take advantage of a forex rebate, traders need to register for a forex rebates service and link their trading accounts with their forex brokers. After that, they’ll receive cash rebates for every trade, regardless of the outcome. The program can be very useful for scalping and short-term trading.
InstaRebate has the best forex rebates available daily. All they require is that users register on the company’s website. You don’t need to provide reports or statistics. Once registered, the rebates will be automatically sent directly to your trading account. These rebates are a great way to boost your trading account, and can help you earn even more money.