|0.6 Pips/Round Turn Lot||30% of Commission|
What is FXPRIMUS 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 FXPRIMUS.
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.
FXPRIMUS 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 FXPRIMUS cashback works?
When we refer you to FXPRIMUS to open a new trading account or link an existing trading account under our referrer (when possible), the FXPRIMUS pays us a commission which is mostly paid back to you in the from of cashback.
How much FXPRIMUS cashback can I earn?
FXPRIMUS cashback will depend much on your trading volume, the larger the volume the more cashback you will receive.
Below you can use our FXPRIMUS cashback calculator to estimate the monthly or yearly cashback
FXPRIMUS cashback calculator
How FXPRIMUS cashback is paid?
Your FXPRIMUS 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 FXPRIMUS.
The cashback can be then withdrawn with the available options in the withdrawal page.
Is it the best FXPRIMUS cashback?
PAYBACKFX provides you the best FXPRIMUS 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 FXPRIMUS.
|Broker type||STP ECN NDD DMA|
|Operating since year||2009|
|Number of employees||200|
|Regulation||CySEC (Cyprus), BaFIN (Germany), FSCA (South Africa)|
|Address||Office 102 Zavos Kolonakiou Centre, 4103 Limassol, Cyprus|
|Accepting US clients?||No|
|Account currency||USD, GBP, EUR, PLN, SGD, AUD, HUF|
|Funding/Withdrawal methods||Wire Transfer, Credit Card, Debit Card, Neteller, UnionPay, Skrill, FasaPay|
|Swap free accounts||
|Interest on margin||
|Accounts for money managers (MAM, PAMM)||
|Languages||English, Spanish, Mandarin, Chinese, Indonesian, Malay, Thai, Vietnamese, Hungarian|
|Availability||Phone, Chat, Email|
|Trading Platforms||MetaTrader 4, Mobile Platform|
|Trading platform(s) timezone||(GMT +2:00) South Africa, Jerusalem|
|Web based trading||
|Trading over the phone||
|One click trading||
|Other trading instruments||Futures, Indices, Commodities, Energies, Shares, CFDs|
|Minimum lot Size||
|Maximum lot Size||
FXPRIMUS offers one of the most secure online trading environments available anywhere in the forex industry. Our extra measures in safety have positioned us as the front runner in responsible trading, and we are now setting new standards in safety amongst our counterparts in the FX industry.
UNPRECEDENTED FUND SAFETY
THIRD PARTY MANAGED SEGREGATED FUNDS. Your funds are being administered separately from our own. Third party administrators also act as signatories for all client transactions.
FULLY AUDITED. One of very few brokerages to undergo annual audit. This is to provide you the comfort that we are indeed above board and use fair policies prescribed by law.
3RD PARTY MONITORING FOR CLIENT WITHDRAWALS BY BOUDICA CLIENT TRUST. FXPRIMUS has set a new industry benchmark in safety of funds, by appointing the Boudica Client Trust to oversee the withdrawal requests of client accounts, without delays to the client.
EU REGULATED We are fully regulated by CySEC, and in full compliance with the regulations of Markets in Financial Instruments Directive (MiFID.)
NEGATIVE BALANCE PROTECTION. Your balance is protected from extreme market volatility
TOP TIER BANKING INSTITUTIONS. FXPRIMUS derives a portion of its liquidity from CapMarFX, which provides institutional grade liquidity solutions via Tier 1 banks, with HSBC as a custodian for client funds
FXPRIMUS offers you the technology, liquidity, fund security, training and priority customer support needed to stay a step ahead in today's markets. Our trading environment supports all types of traders ranging from first-timers to professionals.
We have partnered with industry leaders to provide cutting-edge technology, speedy execution, and low-latency solutions to our clients to ensure the most optimal trading environment through strategic placement of trading servers, and robust software and hardware. Our team has in the past developed and maintained infrastructures that were used by hedge fund managers in executing high frequency trades resulting in tens of thousands of trades per day with each trade only lasting milliseconds. We don't just only understand the importance of a robust infrastructure but actually have the experience in developing one.
FXPRIMUS only offers executable pricing. This means that if the rate is available at the price you are trying to execute at, you will receive it. FXPRIMUS and its liquidity providers do not and will not manipulate pricing.
FXPRIMUS lets you trade with unprecedented assurance and security. We take enormous measures to make sure your funds are handled in the safest way possible. At FXPRIMUS, all traders receive the same institutional hedge fund style protection.