Forex rebates, or cash backs, are a form of rebate that IC Markets offers to their clients. These rebates represent a portion of the trading costs for IC Markets clients. Depending on the trade size and strategy, rebates can range anywhere from two to three pips. These rebates allow traders to reduce the cost of trading and earn interest at the same time.
IC Markets offers forex trading solutions for both experienced and new traders. The company’s mission is to provide the best trading experience possible for retail and institutional clients. Founded by traders for traders, IC Markets is committed to delivering superior spreads, execution, and service to every client. This includes low commissions, fast execution, and a customer-friendly interface.
The company offers discounts for new forex traders and those just getting started. All you have to do is open an account and make a minimum deposit of $100. You can also take advantage of the real-time discounts on commission fees that are available to existing account holders. If you’ve never traded with IC Markets before, now is the perfect time to open an account and start earning cash back today!
The program works similarly to credit card reward programs. When you use a Visa credit card to make a purchase, you’ll receive 1% back as a rebate. If you’re using a MasterCard or other major credit card, you’ll likely receive a similar amount of cashback.