FOREX.com Rebates
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| Rebate in % out of commission | 12% out of commission |
• Please avoid churning as it is not accepted by brokers. If you simply wish to generate rebates for your account without actually trading, please don't, as such rebates will be voided by the broker.
What is FOREX.com 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 FOREX.com.
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.
FOREX.com 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 FOREX.com cashback works?
When we refer you to FOREX.com to open a new trading account or link an existing trading account under our referrer (when possible), FOREX.com pays us a commission which is mostly paid back to you in the form of cashback.
How much FOREX.com cashback can I earn?
FOREX.com cashback will depend much on your trading volume, the larger the volume the more cashback you will receive.
Below you can use our FOREX.com cashback calculator to estimate the monthly or yearly cashback
FOREX.com cashback calculator
How FOREX.com cashback is paid?
Your FOREX.com 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 FOREX.com..
The cashback can be then withdrawn with the available options in the withdrawal page.
Is it the best FOREX.com cashback?
PAYBACKFX provides you the best FOREX.com 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 FOREX.com.
| Broker Name | FOREX.com |
| Broker type | Market Maker |
| Country | Parent company: USA |
| Operating since year | 2004 |
| Number of employees | 400 |
| International offices |
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| Regulation | CIMA (Cayman Islands) |
| Address | |
| Broker status |
Broker |
| Accepting US clients? | No |
| Account currency | USD, GBP, EUR, CHF, JPY, NZD |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card |
| Swap free accounts |
Yes
Swap free |
| Segregated accounts |
Yes
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| Interest on margin |
Yes
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| Managed accounts |
No
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| Accounts for money managers (MAM, PAMM) |
No
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| Phone | +1-908-315-0653 |
| Fax | |
| [email protected] | |
| Languages | English, Spanish, Chinese, Arabic |
| Availability | Phone, Chat, Email |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Trading platform(s) timezone | (GMT) Western Europe Time, London, Lisbon, Casablanca |
| Demo Account | Yes |
| Mobile trading |
Yes
|
| Web based trading |
Yes
|
| API |
Yes
|
| OCO orders |
Yes
|
| Trading over the phone |
Yes
|
| Hedging allowed |
Yes
|
| Trailing stops |
Yes
|
| One click trading |
Yes
|
| Contests |
No
|
| Other trading instruments | CFDs: Indices, Commodities, Energies |
| Minimum deposit($) |
100.0
|
| Maximal leverage(1:?) | 400 |
| Minimum lot Size |
0.01
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| Maximum lot Size |
1000.0
*Depends on products |
| Commission |
0.0
*Stock CFDs have commissions |
| Spread | Variable |
| Decimals | 5 decimals |
| Scalping allowed |
Yes
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FOREX.com is a trading name of GAIN Global Markets Inc. which is authorized and regulated by the Cayman Islands Monetary Authority under the Securities Investment Business Law of the Cayman Islands (as revised) with License number 25033.
**Leveraged trading involves significant risk of loss and is not suitable for all investors. The products and services available to you at FOREX.com will depend on your location and on which of its regulated entities holds your account. Myfxbook Ltd (dba paybackfx.com) acts as Introducing Broker/Intermediary to GAIN Global Markets Inc. Your account is held and maintained at GAIN Global Markets Inc. who acts as clearing agent and counterparty to your trades. FOREX.com is licensed with the Cayman Islands Monetary Authority, SIBL No. 25033 |
