Switch Markets Rebates
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| Instrument | Standard | Pro |
|---|---|---|
| Forex | $3.73 per Round Turn Lot | $1.87 per Round Turn Lot |
| Gold | $3.73 per Round Turn Lot | $1.87 per Round Turn Lot |
| Silver | $2.67 per Round Turn Lot | $1.87 per Round Turn Lot |
| Oil | $5.33 per Round Turn Lot | $1.87 per Round Turn Lot |
| Indices | $0.27 per Round Turn Lot | $0.27 per Round Turn Lot |
| US Shares | $0.05 per Round Turn Lot | $0.05 per Round Turn Lot |
| EU Shares | 0.53% | 0.53% |
| BTCUSD | $3.73 per Round Turn Lot | $1.87 per Round Turn Lot |
| ETHUSD | $3.73 per Round Turn Lot | $1.87 per Round Turn Lot |
| LTCUSD | $3.73 per Round Turn Lot | $1.87 per Round Turn Lot |
| RIPUSD | $3.73 per Round Turn Lot | $1.87 per Round Turn Lot |
Switch Markets Rebates and 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 Switch Markets.
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.
Switch Markets 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 Switch Markets Rebates Work
When we refer you to Switch Markets to open a new trading account or link an existing trading account under our referrer (when possible), Switch Markets pays us a commission which is mostly paid back to you in the form of cashback.
Switch Markets Rebate Rates
Switch Markets cashback will depend much on your trading volume, the larger the volume the more cashback you will receive.
Below you can use our Switch Markets cashback calculator to estimate the monthly or yearly cashback
Switch Markets cashback calculator
Switch Markets Rebate Payments
Your Switch Markets 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 Switch Markets..
The cashback can be then withdrawn with the available options in the withdrawal page.
Switch Markets Rebate Comparison
PAYBACKFX provides you the best Switch Markets 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 Switch Markets.
| Broker Name | Switch Markets |
| Broker Type | STP ECN Pro Cent |
| Country | Singapore |
| Operating since year | 2019 |
| Number of employees | 88 |
| International Offices |
|
| Regulation | |
| Address | 1b Trengganu Street Singapore 058455 |
| Broker Status |
Broker |
| Accepting US clients? | No |
| Account Currency | USD, GBP, EUR, CHF, NZD, CAD, AUD, PHP |
| Funding/Withdrawal Methods | Wire Transfer, Credit Card, Debit Card, Perfect Money, Neteller, UnionPay, Skrill, FasaPay, Local Deposits, Bitcoin, Multiple local methods, PayTrust, PayRetailers, Payment Asia, Crypto, Dragonpay, USDT, Visa, Mastercard, cryptoPay |
| Swap-Free Accounts |
Yes
|
| Segregated Accounts |
Yes
|
| Interest on Margin |
Yes
|
| Managed Accounts |
Yes
|
| Accounts for Money Managers (MAM, PAMM) |
Yes
|
| Phone | +44 1902 943 383 |
| Fax | - |
| [email protected] | |
| Languages | English, Spanish, Portuguese, Italian, Russian, Filipino, Tagalog |
| Availability | Phone, Chat, Email, Skype, Whatsapp, Telegram, Facebook |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Platform, Mobile Platform |
| Trading Platform(s) Timezone | (GMT +3:00) Baghdad, Riyadh, Kaliningrad |
| 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 |
Yes
|
| Other trading instruments |
| Minimum Deposit($) |
50.0
|
| Maximal Leverage(1:?) | 1000 |
| Minimum Lot Size |
0.01
|
| Maximum Lot Size |
100.0
|
| Commission |
3.5
per side |
| Spread | Variable |
| Decimals | 5 decimals |
| Scalping allowed |
Yes
|
|
Where Traders Come to Succeed!
Switch Markets is a trusted, client-focused trading platform designed for success-oriented traders. Offering thousands of global markets to trade, Switch Markets provides advanced MT4/5 trading platforms, free VPS solutions tailored for algorithmic traders, and spreads starting from 0.0 pips. The platform is transparent, with no hidden costs and 0.0% commission, making it an ideal choice for traders seeking efficiency and value. Security and trust are at the core of Switch Markets' operations, with segregated client funds and adherence to the highest standa |
