FAQ
What is “Forex rebates” or “Forex cashback”?
Forex rebates and forex cashback are synonyms, they are both the same thing. Every time you trade at one of our partner Brokers, you will receive cash from Forex-rebate.org. This cash amount paid to you is what we call rebates or cashback.
How can I receive cash rebates for trading Forex?
It is very simply to earn cash rebates, all you have to do is:
1) Sign up for a free account
2) Open a live account by choosing your preferred broker in our forex cashback section. Click on the “open live account” link and follow the instructions. Make sure you read the instructions before opening a live account!
3) Select the way you liked to be paid in the “payment method” tab in your members area. For a complete overview of available payment options and fees, please visit our payment methods page.
4) Trade at the Broker as you normally do and earn cash rebates from us every month!
How can you pay me for trading Forex?
forex-rebate.org is an introducing broker, which means that our partner brokers give us a part of the spreads or commissions you pay when you trade. The money we receive is a compensation for recruiting new traders to the Brokers. Please note that your trading conditions never will be affected in a negative way by trading through our website. Your spreads and commissions will never increase, you will get the same exact treatment and trading conditions as all other traders get.
Does trading through forex-rebates.org affect my spreads and commissions?
No, trading through us will never increase your spreads or commissions! In reality, your net spreads and commissions paid are lowered through the cash rebates we pay you!
Can I verify your partnership with the Brokers listed on your website?
Of course, feel free to contact any of our listed brokers and ask them if we are introducing brokers.
Do I have to be a profitable trader to earn cash rebates?
No, you do not. The cash rebates you receive from us is not dependent on the outcome of your trades. Whenever you trade a round lot, you will receive cash from us, win or lose.
Can I register multiple Broker accounts?
Yes you can. You can register at multiple brokers and register multiple accounts at each broker. However, this depends on which broker you choose. Some brokers may not allow multiple accounts.
When am I paid?
You will be paid between the 15th and 25th every month for your trading activity the previous month. Please note that some payment methods might take longer than others.
What happens if my cash rebates are inaccurate?
If you feel that the cash amount you receive is wrong, please contact us and we will investigate the matter immediately.
Can I register multiple accounts at your website?
No, you are only allowed to register one Forex-rebates.org account with a unique email and a unique username. Any misuse of our service will lead to an immediate IP ban and closing of your account.
What payment methods do you offer?
For a complete overview of available payment methods please visit our payment methods section.
How do I provide and edit my payment details?
When you sign in in to your members area, visit the “Payment method” tab. Make sure that your payment details always are accurate and up to date!
I already have an account at a Broker, can I still receive cash rebates?
Different brokers have different policies. Please contact us and provide information on what Broker you trade at and what your account details are and we will look in to it immediately.
Can I receive cash rebates from a Broker that isn’t listed on your website?
This depends on what Broker it is. Please note that we are very selective when it comes to choosing partner Brokers, we only work with reliable Brokers with good track records. Contact us and tell us what broker you would like to receive cash rebates from and we will look in to the matter.
What is a “Pip”?
A pip is a standardized unit and it is usually the smallest amount by which a currency price changes. A pip is usually the forth decimal (0.0001) in the price of a currency pair. For pairs with the Japanese yen (JPY) a pip is calculated in the second decimal (0.01). To learn more about Forex, visit our Forex Education section.
What is a “Round turn” or complete trade?
A round turn lot is the opening and closing of a position.