what is forex: what is forex

what is forex

Forex Trading Rebate

Forex Rebates are given to traders as an incentive to open new accounts in a particular Forex Broker. Joining a Forex rebate plan means get cash back cash from trading Forex. A Forex Rebate is actually a program that works as a discount coupon on behalf of Forex Traders.


Types of Forex Rebates

Trading Forex Rebates may be cashed by traders in various forms, for example:

1) Forex Rebates per lot traded

2) Forex Rebates per spread charged

3) Forex Rebates per commission charged

It is easy and profitable to join a Forex Rebate Plan and it is especially important if you trade large volumes. Here are some popular Rebate Plans at Currencies Fx:

1) XEMarkets $6 per lot (paid using PayPal)

2) Dukascopy Rebate 45% per cost (paid automatically)

3) Alpari Trading Rebate 0.6 pip per trade (paid using PayPal)


How A Trading Rebate Works

Here is how a trading Forex rebate works is a few steps:

1) A Trader Choose a Broker → and Joins a Rebate Plan using an Introducing Broker

2) The trader starts to execute trades → he is charged commissions or spread or both

3) The broker pays a portion of this spread or commission → to the Introducing Broker

4) The Introducing Broker pays back a great portion of this award → to the Trader

And that is how Forex cash-back are delivered to traders.

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