EverestCM Rebates
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| Account Type | Raw Accounts | Classic Accounts |
| Rate | $2.62/Round Turn Lot | 0.37 Pips |
What is EverestCM Cashback?
Forex rebates (or cashback) is cash you get back (ie cash-back) for each trade you make. Just like with any cashback, you get paid back for performing your regular transactions with the service (a forex broker in our case) and get paid back part of the cost you’re being charged by EverestCM.
Important to note that each broker has different cashback rates for account types and instruments.
For example, you can receive a cashback of 0.5 pip for each EURUSD trade but no cashback for GOLD trades. Moreover, each broker has different rebates payment terms, such as payment timing (trade open/close, end of month) or trading requirements (minimal trade duration).
PAYBACKFX provides real-time reports of each of your cashback (when possible) so you can be rest assured that each and every rebate you should receive is paid to your account.
EverestCM forex rebate is a must for any forex trader since it increases your profitability and cuts down costs, and unlike some of our competitors, your trading terms such as the spreads or commissions you pay never change.
How EverestCM cashback works?
When we refer you to EverestCM to open a new trading account or link an existing trading account under our referrer (when possible), the EverestCM pays us a commission which is mostly paid back to you in the from of cashback.
How much EverestCM cashback can I earn?
EverestCM cashback will depend much on your trading volume, the larger the volume the more cashback you will receive.
Below you can use our EverestCM cashback calculator to estimate the monthly or yearly cashback
EverestCM cashback calculator
How EverestCM cashback is paid?
Your EverestCM cashback is reported in real-time in your dashboard and the cashback is usually released a few days after the end of the month which is when we collect your cashback from EverestCM.
The cashback can be then withdrawn with the available options in the withdrawal page.
Is it the best EverestCM cashback?
PAYBACKFX provides you the best EverestCM cashback service, starting from the cashback level and down to customer service. In case of any issues arise, we are always here to help and can even step in and help with any issues you may have with EverestCM.
| Broker Name | EverestCM |
| Broker type | ECN |
| Country | Mauritius |
| Operating since year | 2020 |
| Number of employees | 20 |
| International offices |
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| Regulation | FSC (Mauritius) |
| Address | Suite 602, 6th Floor, Hennessy Tower, Pope Hennessy Street, Port-Louis, Republic of Mauritius |
| Broker status |
Broker |
| Accepting US clients? | No |
| Account currency | USD, GBP, EUR |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Neteller, Skrill, FasaPay, Crypto |
| Swap free accounts |
Yes
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| Segregated accounts |
Yes
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| Interest on margin |
No
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| Managed accounts |
No
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| Accounts for money managers (MAM, PAMM) |
Yes
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| Phone | +44 203 376 2511 |
| Fax | |
| [email protected] | |
| Languages | English, Spanish, Portuguese, Chinese, Indonesian, Malay |
| Availability | Phone, Chat, Email |
| Trading Platforms | MetaTrader 4, MetaTrader 5, Web Platform |
| Trading platform(s) timezone | (GMT +2:00) South Africa, Jerusalem |
| Demo Account | Yes Demo account is expiring in 14 Days |
| Mobile trading |
Yes
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| Web based trading |
Yes
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| API |
Yes
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| OCO orders |
No
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| Trading over the phone |
No
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| Hedging allowed |
Yes
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| Trailing stops |
Yes
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| One click trading |
Yes
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| Contests |
Yes
COMING SOON |
| Other trading instruments | Indices, Energies, CFDs, Cryptocurrency |
| Minimum deposit($) |
100.0
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| Maximal leverage(1:?) | 1000 |
| Minimum lot Size |
0.01
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| Maximum lot Size |
Unlimited |
| Commission |
3.5
$3.50 per side. ($7 per round trade) |
| Spread | Variable |
| Decimals | 5 decimals |
| Scalping allowed |
Yes
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A Regulated broker focused on top tier pricing and customer service.
EverestCM is offering some of the most competitive account types and spreads on the market. Raw account from 0.0 pips - $3.50 per side charge ($7 round turn) Classic account from 1.6 pips - no commission charge Regulated by: Mauritius Financial Services Commission (FSC) under the license number GB21026300. The EverestCM brand is owned and operated by Myrtle Ltd with registration number 179291 GBC. Myrtle Ltd is authorized and regulated |
