Best Forex Rebate Brokers
- What is a Rebate Broker?
- What is a Rebate Trading Platform?
- What Does Rebate Mean in Forex Broker
- How to Get Rebate from a Broker?
- Forex Rebate Brokers List
What is a Rebate Broker?
Generally, the rebate is the money given to the client when the transaction comes to completion, or a portion mainly of fees returned to a client as a bonus.
- Rebates are commonly offered in the following forms: Conditional rebates, Cashbacks, and Flat rates. Conditional rebates are offered when the primary conditions are met. Conditional rebates are widely used to increase trade and traffic. Read more about Conditional Rebates on the Wikipedia Page.
- Rebates are also offered in the form of cashback when a certain portion of the purchase is processed back to the client. At last, flat rates are immediate reductions from the fixed price of the service or product.
- Rebate forex brokers often act as intermediaries between traders and larger brokerage firms or liquidity providers. They offer additional incentives to attract traders to open accounts.
- Based on our findings for now not so many Forex brokers offer Rebates to their clients, mainly Professional traders or VIP Large accounts may be entitled to some extra services.
- It’s important to know that while rebate forex brokers offer cashback on trades, they might have different trading conditions, spreads (Read our article about Fixed Spreads), and services compared to other brokers.
📈 Trading Instruments | Forex, Securiries |
💻 Rebate Services | Can be connected to any broker |
💰 Fees | Standard Fees by the broker |
What is a Rebate Trading Platform
A rebate trading platform is a type of platform or system that enables traders to earn rebates or cashback on their trading activities. Generally, the functionality of a rebate trading platform can vary depending on the specific platform and broker.
- Typically traders register an account with the rebate trading platform. This involves providing personal information and linking the trading account to the platform.
- Generally, the rebate platform checks the trader’s trading volume, and based on the information, the platform calculates the rebate amount earned by the trader. (Read also about Active Trader Program and its conditions here).
- To be more specific, rebate trading platforms are not the same as trading platforms like MetaTrader or cTrader. In addition to the general offerings, these platforms provide the additional benefit of earning rebates on top of regular trading activities.
Advantages | Disadvantages |
---|---|
Great Option to safe on fees | Not so many Regulated Brokers offering Rebates |
Clients rewarded with every transaction | Mainly accessible for Professional Traders |
Forex Cashback allows extra profits while trading | |
Typically rebates get higher for bmore trades |
Top 5 Best Brokers Offering Rebates
Here is our Reviewed selection of Brokers offering Rebate for professional or retail traders, yet based on conditions you need to verify. These are only Regulated Brokers with the highest rankings by us:
- HFM — Best Rebate Broker Overall 2023
- BlackBull Markets — Best Rebate Broker for Beginners 2023
- FP Markets — Best Rebate Broker 2023
- Pepperstone — Best Rebate Platform 2023
- BDSwiss — Best EAs Rebate Broker 2023
What Does Rebate Mean in Forex Broker?
In Forex, rebates involve three main participants: the rebate service, the broker, and the trader. First, the traders register with the debate service, afterward, sign with a particular broker, connecting the rebate service to the broker. This way, by trading, the trader gets profits even for transactions that are not profitable.
How to Get Rebate from a Broker?
To get a rebate the trader should first register in the rebate system, in case the broker offers it or sign in to the Rebate proposal, once conditions are met rebates will come to your account automatically based on the offering.
Forex Rebate Brokers List
This is the complete list we made of regulated Brokers that have Forex Rebates :
Broker | Detail | |
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Min. Deposit: 10 US$ Max. Leverage: 1:30 | 1:1000 Trading Platforms: MT4, MT5 Regulation: SFSA, CBCS, FSC, FSCA |
Exness Review |
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Min. Deposit: US$5 Max. Leverage: 1:30 to 1:888 Trading Platforms: MT4, MT5, XM WebTrader Regulation: CySEC, ASIC, FSC, DFSA, FCA |
XM Review |
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Min. Deposit: 0 $ Max. Leverage: 1:30 | 1:1000 Trading Platforms: MT4, MT5, WebTrader, MobileTrader Regulation: CySEC, FSC BVI, FSC |
InstaForex Review |
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Min. Deposit: $100 Max. Leverage: 1:200 Trading Platforms: MT4, MT5 Regulation: FSC |
FXChoice Review |
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Min. Deposit: 0 GBP Max. Leverage: 1:30 Trading Platforms: CMC Web, CMC Mobile, MT4 Regulation: FCA, ASIC, FMA, IIROC, MAS, BaFin |
CMC Markets Review |
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Min. Deposit: $10 Max. Leverage: Up to 1:2000 Trading Platforms: MT4, MT5, cTrader, R Stocks Trader Regulation: FSC |
RoboForex Review |
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Min. Deposit: 100 US$ Max. Leverage: 1:40 Trading Platforms: TWS, IB WebTrader Regulation: US SEC & CFTC, ASIC, FCA, IIROC, SFC, NSE, BSE, FSA |
Interactive Brokers Review |
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Min. Deposit: 0 US$ Max. Leverage: 1:30 | 1:200 Trading Platforms: MT4, CoreTrader2 Regulation: FCA, ASIC, FSCA, SCB |
Trade Nation Review |
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Min. Deposit: 1000 US$ Max. Leverage: 1:30 to 1:400 Trading Platforms: MT4, MT5 Regulation: MFSA, CIMA, FSC, FSA |
Tradeview Review |
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Min. Deposit: no minimum deposit Max. Leverage: 50:1 Trading Platforms: Oanda trade, MT4, MT5 Regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC, FFAJ |
OANDA Review |
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