1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

How to get $280 cashback every month from your current broker

Discussion in 'Forex Beginner Q&A' started by scottfx99, Aug 3, 2010.

  1. scottfx99

    scottfx99 New Member

    Joined:
    Nov 7, 2009
    Messages:
    5
    Likes Received:
    0
    Many forex brokers use so called Introducing Broker programs as a way to attract new customers. For every customer an Introducing Broker attracts he gets a share of the commissions charged to the customer.

    Customers pays the same commissions no matter if they are with and IB or not. What is important to know for you as a trader is that brokers have a built in margin in their commission structure to allow for incentive payments to Introducing Brokers.

    Some introducing brokers are now passing on a significant amount of their payments received to you as a trader. There are several programs on the market at the moment, but I highly recommend the CashbackForex Broker Rebate Program.

    I have used their service for over one year and collected more than $ 5000 so far. Funds are automatically transferred to our Paypal account every month.


    Currently you can sign up for cashback from the following brokers:

    FXCM UK
    FXOpen
    FXDD
    FxPro
    Alpari UK
    Gallant FX
    FXCM UK
    IamFX
    Dukascopy
    FXCBS
    Nord Markets
    Avafx
    Tadawul FX
    Eforex
    GoMarkets
    InstaForex
    FXCM Australia
    Baron Forex
    FXCM Australia
    ODL Securities
    Liteforex
    Zulutrade


    FXCM for example offers as much as 0.7 pip discount per lot traded, or $7 on EURUSD for example.

    0.7 pip discount x $10 average pip value on pairs traded x 40 Lots per month = $280

    More information: forexcashback.info
     
  2. Johnpaultrader

    Johnpaultrader New Member

    Joined:
    Jul 29, 2010
    Messages:
    3
    Likes Received:
    0
    Hey scottfx99
    I am currently trading with easy forex , they are not on your list, and maybe don't give cash back but I have been trading with them for some time now and they have excellent service and their servers nerver go down, and they never slip you.
    i am really impressed with their service, after having tried many brokers.
    John
     
  3. GoLearnForex

    GoLearnForex New Member

    Joined:
    Nov 29, 2009
    Messages:
    13
    Likes Received:
    0
  4. KajolThappar

    KajolThappar New Member

    Joined:
    Sep 21, 2010
    Messages:
    10
    Likes Received:
    0
    Occupation:
    Forex Trader
    Location:
    NY
    Thanks for give me better information for my forex trading
     
  5. fxdaytrade

    fxdaytrade New Member

    Joined:
    Nov 23, 2012
    Messages:
    33
    Likes Received:
    0
    Hope you are not wasting your time and you are actually trading on zulutrade.
     
  6. rourkem

    rourkem New Member

    Joined:
    Sep 27, 2014
    Messages:
    29
    Likes Received:
    0
    I think this worked for a while but as usual, the broker figured it out and went ahead to make the changes. [​IMG]
     
  7. sininfinity

    sininfinity Active Member

    Joined:
    Apr 4, 2014
    Messages:
    643
    Likes Received:
    7
    One can trade from 0 pips from fxoptimax. No need to pay extra commission to broker & then getting rebate from it.
     
  8. Fxtrader88

    Fxtrader88 New Member

    Joined:
    Nov 24, 2015
    Messages:
    81
    Likes Received:
    2
    Gender:
    Male
    Location:
    Latvia
    On what currency pairs does FXOptimax give such a low spread? Is EURGBP among them?
     
  9. sininfinity

    sininfinity Active Member

    Joined:
    Apr 4, 2014
    Messages:
    643
    Likes Received:
    7
    Spread is floating. You can check our spread on main page of FXOptimax website. Also you can see our average spread for currency pairs http://www.fxoptimax.com/account/spread
     
  10. AwaberA

    AwaberA New Member

    Joined:
    Oct 21, 2015
    Messages:
    206
    Likes Received:
    2
    Gender:
    Male
    Location:
    Londan
    I have heard, Freshforex provides new promo - «Forex rebate 50%». This is a good opportunity to receive your spread back. You can get $10 per lot.
     
  11. platinumtraderfx

    platinumtraderfx New Member

    Joined:
    Oct 24, 2013
    Messages:
    110
    Likes Received:
    2
    Its better to receive higher rebate from cashbackrebate service or use Hotforex Supercharged bonus which provides instant rebates to your account. Much better than waiting some Hold period to get your funds.
     
  12. Fxtrader88

    Fxtrader88 New Member

    Joined:
    Nov 24, 2015
    Messages:
    81
    Likes Received:
    2
    Gender:
    Male
    Location:
    Latvia
    It's true, I use this bonus. Freshforex gives $10 per lot for losing trades and $5 for profitable positions.
     
Loading...

Share This Page