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How to Lower Your Transaction Costs through Forex Rebates

Discussion in 'Forex Broker Discussion' started by fxn3wbie, Feb 5, 2010.

  1. fxn3wbie

    fxn3wbie New Member

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    Hey,

    I just read an interesting article about how Forex Rebates can cut your transaction costs for free. Sounds a little too good to be true, but at the same time seems to make sense.

    I’m considering trying Forex Rebates myself, but first I was wondering if anyone could confirm if rebates are legit.

    Is there seriously no catch or am I missing something?

    Here’s the article I’m referring to from forexcare.net (forexcare.net/transaction-costs-forex-rebates):

     
  2. GoldenTicket

    GoldenTicket New Member

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    Of course rebates work. How else would I have a new 52-inch plasma TV :cool3:.

    Seriously though, I understand all the skepticism. Pretty natural reaction with all the crap that’s on the internet right now, but read the article again – it explains clear as day how rebates work. I see it as free money that I would otherwise be leaving in the hands of my broker (those guys already get enough money for crying out loud!)

    I have been receiving rebates for a few months now and have probably collected close to $5,000 total – why the hell would I let the broker keep that? It only took about 10-15 minutes to fill out all the applications and 1 day for my rebates account to be approved…since then I’ve been receiving monthly payments into my PayPal account. Now even when my trading is going crappy, I remind myself, at least I have rebates, haha. Sad but true.
     
  3. daniellefr

    daniellefr New Member

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    Interesting information, will definitely look forward into it.
     
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