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FR newsletter

 Edition 3 [59.70 Kb]

Edition 2

Edition 1

FAQs

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What is a rebate?

A rebate is a part of the spread or commission that you pay to your broker that we give back to you each month.

Where does the rebate come from?

The rebate itself comes from the spread or commission you pay to your broker on each trade. As a Referring (or Introducing) Broker we collect a portion of that spread for bringing you to the broker or keeping you with them. This is how Referring Brokers get paid, and we simply share part of that spread with you the trader. You must list us as the Referring Broker on the account with your Broker in order to receive a rebate.

How much do I need to start?

There is no minimum deposit to start or stay with the program. However each broker has an initial deposit amount that is required to open an account. This amount varies from broker to broker.

Why do I have to go through forex-rebates.com to get a rebate?

As Referring Broker we have established relationships that allow us to collect a portion of the spread on every trade that you make. This allows us to give you a rebate, which many other referring brokers do not offer.

Does it matter which currency pairs I trade?

No. It does not matter which currency pairs you decide to trade.

How often do I receive my rebates?

Rebates are paid out after the 15th of every month for the previous month's trading. This allows us time and your Broker time for administration

Can you rebate a micro or mini account?

Yes, we do rebate all accounts however the rebates are proportionate to the size of the lot traded.

What if my trade loses, do I still get rebated?

Yes. Even in a losing trade you have still purchased and sold a lot of some size and therefore will be rebated accordingly. It is the overall volume traded, not the amount of winning or losing trades that is relevant to rebates.

If I want a bank transfer, is there a minimum amount?

There is no minimum amount however, you will be responsible for any cost involved that will make the wire possible. There are also several other methods available for you that can reduce the cost of receiving your money. Check, money order, and PayPal are not as costly in most instances as wire transfer.

What's the catch?

There is no catch. The plan is simple: trade and receive rebates for trading without any cost to you.

Can you see my trades or have access to my trading account.

No there is no difference to your existing service or set up. We cannot for legal reasons receive any notification on your account balance or trading history unless you decide to provide that to us. Your account is password protected and only you can get access. We merely obtain an income for referring you to your brokers and pass that savings back to you.