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Forex rebates are a portion of the transaction cost that is paid back to the client on each trade. It results in a lower spread and improved win ratio. Forex rebates are easily setup in a few simple steps:

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service!The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2008, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.The leading and oldest provider of forex and cryptcurrency rebates.Cash back right to your brokerage account and spread/commission discounts at select brokers.Find a better rate elsewhere and we will beat it.

Rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate providers reputation and business, so a reliable provider wouldnt consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why its important to choose a reliable provider.

In once case since we first began offering rebates in 2007 a broker was found to be marking up pricing on their own to gain a higher profit for themselves. This is very easy to catch since clients quickly report the pricing difference. The agreement with that broker was terminated indefinitely.

When working with a trustworthy rebate provider, there is no catch. It is more beneficial to a traders financial position to work with a rebate provider than solely with the forex broker.

Check out our full articleWhat are forex rebates?.

The first forex rebate programs were Chinese and catered to Chinese clients. In 2006 the company FX Rebates arrived on the scene out of the USA, offering forex rebates to a global clientele. In 2007 became the second global rebate provider and surged in popularity. FX Rebates shortly thereafter either went out of business or stopped offering forex rebates. From 2007 onwards m and its affiliates have been the dominant and largest rebate provider and one of the largest introducing brokers globally.

Many competitors have come online since 2007, some good and some bad. Cashbackforex.com has continued to improve along the way to stay ahead of the pack.

Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them and deal with their support teams on a daily basis. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.

Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Heres what we offer:

Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.

The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers including IC Markets and Global Prime.

Cashback is credited directly to the traders brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers including HF Markets, Instaforex, Pepperstone, and XM.

In the case of the Monthly cash back rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, Entropay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.

Risk Warning: Trading involves substantial risks, including complete possible loss of funds and other losses and is not suitable for everyone.

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