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

Discussion in 'Forex Broker Discussion' started by scottfx99, Sep 18, 2010.

  1. scottfx99

    scottfx99 New Member

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    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
    ForexYard
    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

    Dont give away more commission than you have to! For more information check out the ForexCashback link below.

    More information: forexcashback.info
     
  2. fxdaytrade

    fxdaytrade New Member

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    hey there hows your zulutrade account going on? are you crazy pipping like all of us? :brows:
     
  3. rourkem

    rourkem New Member

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    Hi. I searched for this signal provider but it's already gone. Any idea where I can find him though? [​IMG]
     
  4. AlanHurst

    AlanHurst New Member

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    Why do we want to limit the earning potential to that low per month? I believe I can earn so much more with OctaFX broker, as they lovely setup with helping me earn 15 dollars profits per lot size trade and that counts the losing trades too, so that’s why I am so much interested in working with them, as firstly there is no limit to my earning and with just 20 lot size trade, I can earn 300 dollars and with 10-20 referrals, it’s pretty easy.
     
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