ForexTime / FXTM Rebates
|
|
| Account Type | Instrument | Per Lot | Spread (%) | Commission (%) |
| Micro Accounts |
Majors, Minors, Exotics, Spot, Metals, Indexes | $7/Round Turn Lot | N/A | N/A |
|
Spot Indices |
N/A | 14% | N/A | |
| Advantage Plus Accounts |
Majors, Minors, Exotics, Spot, Metals, Indexes | $7/Round Turn Lot | N/A | N/A |
|
Indices, CFD |
N/A | 14% | N/A | |
| Advantage Accounts |
Majors, Minors, Exotics, Spot, Metals,Indexes | N/A | N/A | 22% |
|
Stocks CFDs |
N/A | 14% | N/A |
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 ForexTime / FXTM 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 ForexTime / FXTM.
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.
ForexTime / FXTM 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 ForexTime / FXTM cashback works?
When we refer you to ForexTime / FXTM to open a new trading account or link an existing trading account under our referrer (when possible), ForexTime / FXTM pays us a commission which is mostly paid back to you in the form of cashback.
How much ForexTime / FXTM cashback can I earn?
ForexTime / FXTM cashback will depend much on your trading volume, the larger the volume the more cashback you will receive.
Below you can use our ForexTime / FXTM cashback calculator to estimate the monthly or yearly cashback
ForexTime / FXTM cashback calculator
How ForexTime / FXTM cashback is paid?
Your ForexTime / FXTM 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 ForexTime / FXTM..
The cashback can be then withdrawn with the available options in the withdrawal page.
Is it the best ForexTime / FXTM cashback?
PAYBACKFX provides you the best ForexTime / FXTM 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 ForexTime / FXTM.
| Broker Name | ForexTime / FXTM |
| Broker type | STP ECN Market Maker |
| Country | Mauritius |
| Operating since year | 2011 |
| Number of employees | 250 |
| International offices |
|
| Regulation | FCA (UK), FSC (British Virgin Islands), FSCA (South Africa), CMA, SCA (UAE) |
| Address | Exinity Limited, 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius |
| Broker status |
Broker |
| Accepting US clients? | No |
| Account currency | USD, GBP, EUR, NGN |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Western Union, Perfect Money, Neteller, Skrill, GlobePay, Google Pay, PayRedeem, Visa, Mastercard, Maestro |
| Swap free accounts |
Yes
Daily fees after a certain time period |
| Segregated accounts |
Yes
|
| Interest on margin |
No
|
| Managed accounts |
Yes
|
| Accounts for money managers (MAM, PAMM) |
No
|
| Phone | +230 659 5000 |
| Fax | |
| [email protected] | |
| Languages | English, Spanish, Chinese, Thai, Arabic |
| Availability | Phone, Chat, Email |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Platform, Mobile Platform |
| Trading platform(s) timezone | (GMT +2:00) South Africa, Jerusalem |
| Demo Account | Yes |
| Mobile trading |
Yes
|
| Web based trading |
Yes
|
| API |
No
|
| OCO orders |
No
|
| Trading over the phone |
Yes
|
| Hedging allowed |
Yes
|
| Trailing stops |
Yes
|
| One click trading |
Yes
|
| Contests |
Yes
|
| Other trading instruments | Stocks, Indices, Commodities, Shares, CFDs, Cryptocurrency, Precious Metals, Forex |
| Minimum deposit($) |
200.0
Depends on the payment method. |
| Maximal leverage(1:?) | 3000 |
| Minimum lot Size |
0.01
|
| Maximum lot Size |
100.0
|
| Commission |
0.0
Commission depends on the account. |
| Spread | Variable |
| Decimals | 5 decimals |
| Scalping allowed |
Yes
|
|
The company is a broker holding an Investment Dealer (Full Service Dealer - Excluding Underwriting) Licence from the Financial Services Commission of Mauritius. Our trading brand FXTM currently serve over two million clients from multiple regulated entities, offering our services in 18 languages to clients in 150 countries.
We provide flexible low-cost trading in FX, commodities, indices, equities and much more alongside unique education and support provided by teams located across the world. |
