Top forex rebates programs help traders earn more and reduce their losses by offering free services or bonuses on the amount of trades they make. In fact, many scalpers are able to increase their profits by as much as 100% in a month thanks to these rebates. The best part is that forex cashback programs are completely free of charge and can be joined by traders of any level and with any online forex broker.
Forex rebates can come in three forms: a reduction in the spread, a deposit in the trading account, or a monthly cash payment. Some rebates providers accept payments via bank wire, Paypal, or Skrill. Regardless of how you choose to receive your rebate, you’ll be happy you took advantage of the opportunity.
The most common reason to use a forex rebates service is to save money on broker commissions. Most rebates services take a percentage of the spread or commission from a trade and then share a percentage with the trader. That way, you get a better deal and a lower spread.
If you’re interested in signing up for a cashback service, you’ll need to make sure the provider is legitimate. You should also look for a regulated broker. One of the best examples of this type of broker is Alpari, a highly reputable and strictly regulated STP broker with over 2 million registered traders. Alpari offers competitive trading conditions, a wide range of financial instruments, and an advanced trading platform.
Another great forex rebates service is ForexCashbackRebate. This is an international company that offers rebates of up to 80 percent of spread. The site has a rebate calculator that calculates rebates for a particular trader. The rebate amounts are calculated based on the broker and instrument chosen, lot size, and number of trades per day. The money is credited to the trader’s account between the 5th and 15th of every month. Withdrawals can be made through Neteller or WebMoney.
Forex rebates can be a great way to increase your profits and reduce your trading costs. They are offered by several Forex brokers and can be earned on existing accounts or by referring new ones to them. In addition to the rebate program, forex referral schemes are also a great way to make extra money. For example, you could use a forex rebate calculator to find out how much you can earn by referring new clients to the same broker.
Rebates can be fixed in US dollars, relative to the amount of trades, and they can be earned daily, weekly, or monthly. To take advantage of a forex rebate, you need to register with a broker that offers rebates. The rebate service works in partnership with your broker. After registering, the trader can then link his personal account with the partner broker’s. Once you have done that, every time you make a trade, you get paid.