Solidary Markets FX Rebates
|$0.75/Round Turn Lot||$2.25/Round Turn Lot||$2.25/Round Turn Lot|
What is Solidary Markets FX 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 Solidary Markets FX.
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.
Solidary Markets FX 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 Solidary Markets FX cashback works?
When we refer you to Solidary Markets FX to open a new trading account or link an existing trading account under our referrer (when possible), the Solidary Markets FX pays us a commission which is mostly paid back to you in the from of cashback.
How much Solidary Markets FX cashback can I earn?
Solidary Markets FX cashback will depend much on your trading volume, the larger the volume the more cashback you will receive.
Below you can use our Solidary Markets FX cashback calculator to estimate the monthly or yearly cashback
Solidary Markets FX cashback calculator
How Solidary Markets FX cashback is paid?
Your Solidary Markets FX 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 Solidary Markets FX.
The cashback can be then withdrawn with the available options in the withdrawal page.
Is it the best Solidary Markets FX cashback?
PAYBACKFX provides you the best Solidary Markets FX 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 Solidary Markets FX.
|Broker Name||Solidary Markets FX|
|Operating since year||2012|
|Number of employees||10|
|Address||Level 2, The Public Trust Building, 442 Moray Place, Dunedin 9016, New Zealand|
|Accepting US clients?||No|
|Account currency||USD, EUR, AUD|
|Funding/Withdrawal methods||Wire Transfer, Credit Card, Debit Card, Moneybookers, Neteller, Skrill|
|Swap free accounts||
|Interest on margin||
|Accounts for money managers (MAM, PAMM)||
|Phone||+64 (0) 34718262|
|Fax||+64 (0) 34718262|
|Trading Platforms||MetaTrader 4, Web Platform, Mobile Platform, AutoTrade|
|Trading platform(s) timezone||(GMT +2:00) South Africa, Jerusalem|
|Web based trading||
|Trading over the phone||
|One click trading||
|Other trading instruments||Options, CFDs|
$100 for Top and Elite account. $10 for mini.
|Minimum lot Size||
|Maximum lot Size||
Solidary Markets FX was born as an innovative idea: the result of a group of trader’s shared passion in operating the foreign exchange market, their dissatisfaction with the service provided by traditional brokers and the strong commitment to solidarity in orden to give back to society a part of what the markets produce.
We propose in a simple way to offer the Forex trader a tool for market access in unusually favourable conditions while automatically generating solidarity and without penalizing customers for it.
We have always wondered why traditional brokers reserve their best spread and favourable commissions for the people who have large accounts. This is due to the fact that the small operator, the so-called mini or micro account holder is literally condemned to work in a second-class position with high spreads and limitations of all kinds.
Or why the user of large accounts has limits on his leverage or minimum position size if he has market knowledge and applies adequate risk control.
We did not really know how to answer this, so we decided to change it by ourselves.
Solidary Markets FX promotes that ALL account sizes should receive (as far as possible) the same treatment and conditions that are given to a professional. We know that the small trader is still working with a fundamental good: his private capital.
Solidary Markets FX has successfully achieved this by technology agreements and favourable liquidity agreements and after testing the project over many months.
Basically this commitment can be summarized in one sentence: what's good for the trader will be good for the broker and will be good for the world.
Something will change. We hope to see you in this new team.
Solidary Markets FX Team.