ThinkMarkets Rebates
| Account Type | Rebate Rate |
|---|---|
| Standard | $4.5/Round Turn Lot |
| Standard Gold | $6.75/Round Turn Lot |
| Standard Silver | $37.5/Round Turn Lot |
| ThinkZero | $1.875/Round Turn Lot |
| ThinkZero Gold | $1.875/Round Turn Lot |
| ThinkZero Silver | $22.5/Round Turn Lot |
| ThinkTrader | 30% Out Of Commissions |
ThinkForex updates rebate data every 12-24 hours.
Although reports may be provided in real-time, the broker processes the rebates up until the 20th of the month.
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 ThinkMarkets 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 ThinkMarkets.
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.
ThinkMarkets 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 ThinkMarkets cashback works?
When we refer you to ThinkMarkets to open a new trading account or link an existing trading account under our referrer (when possible), the ThinkMarkets pays us a commission which is mostly paid back to you in the from of cashback.
How much ThinkMarkets cashback can I earn?
ThinkMarkets cashback will depend much on your trading volume, the larger the volume the more cashback you will receive.
Below you can use our ThinkMarkets cashback calculator to estimate the monthly or yearly cashback
ThinkMarkets cashback calculator
How ThinkMarkets cashback is paid?
Your ThinkMarkets 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 ThinkMarkets.
The cashback can be then withdrawn with the available options in the withdrawal page.
Is it the best ThinkMarkets cashback?
PAYBACKFX provides you the best ThinkMarkets 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 ThinkMarkets.
| Broker Name | ThinkMarkets |
| Broker type | STP ECN |
| Country | Australia |
| Operating since year | 2010 |
| Number of employees | 100 |
| International offices |
|
| Regulation | FCA (UK), ASIC (Australia) |
| Address | Australia: Level 11, 636 St. Kilda Road. Melbourne, VIC, Australia 3004 UK: 2 Copthall Avenue, London EC2R 7DA |
| Broker status |
Broker |
| Accepting US clients? | No |
| Account currency | USD, GBP, EUR, CHF, JPY, NZD, CAD, SGD, AUD |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Neteller, UnionPay, Skrill, Netbanx, BPay |
| Swap free accounts |
Yes
|
| Segregated accounts |
Yes
|
| Interest on margin |
Yes
|
| Managed accounts |
No
|
| Accounts for money managers (MAM, PAMM) |
No
|
| Phone | Australia: +61-3-9093-3400 UK: +44-203-514-2374 |
| Fax | |
| support@thinkmarkets.com | |
| Languages | English |
| Availability | Phone, Chat, Email |
| Trading Platforms | MetaTrader 4, AutoTrade |
| Trading platform(s) timezone | (GMT +2:00) South Africa, Jerusalem |
| 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 | Indices, Commodities, Energies, CFDs |
| Minimum deposit($) |
250.0
|
| Maximal leverage(1:?) | 500 |
| Minimum lot Size |
0.01
|
| Maximum lot Size |
0.0
|
| Commission |
6.0
|
| Spread | Variable |
| Decimals | 5 decimals |
| Scalping allowed |
Yes
|
|
ThinkForex has a clear focus on providing world-class trading conditions and infrastructure, as well as providing the best possible customer service.
Founded in 2010, ThinkForex is regulated by the Australian Securities and Investments Commission (ASIC) and Financial Conduct Authority (FCA). AFSL Number: 424700 FRN: 629628 |
