Trading on the foreign exchange requires a number of resources but one of the simplest aspects of the industry an investor can take advantage of is cash rebates. Offered by brokers as a way of giving something back to the user, these rewards come in many forms such as deposit bonuses and cash rebates. While deposit bonuses are primarily aimed at new users, Forex rebates are offered as a way to reward customer loyalty.
Operating on an earn-a- you-invest basis, these cashback incentives give users a sum of money each time they complete a trade. Similar to rakeback in the online poker world, a trader can earn back a portion of each investment they make. The reason this system is so attractive for active traders is that it’s essentially money for nothing.
Although certain investment requirements must be met, the main feature of this system is that each time they complete one standard trading lot the broker will pay them a fixed amount; usually between $8 and $15. While each payment won’t necessarily make the traders an instant fortune, the cumulative effect of numerous Forex rebates is enough to help elevate their bottom-line.
For a savvy investor the ability to improve their overall earning potential is something that’s almost too good to miss. Indeed, making extra money when things are going well is great, but being able to reduce losses on bad investments is something that can prove invaluable.
Because cashback in the Forex world is so important, fxBrokerSearch.com has compiled a list of top FX rebate brokers. These sites have been carefully chosen because of the loyalty system they have in place. Using our comparison system traders can quickly see which brokers offer the best bonuses, as well as the trading conditions they offer.
For active traders who want to know exactly how much extra money they can make just by investing their money with a particular broker it’s important that they check out our comparison table for the best Forex rebate sites.
|Best Forex Brokers with Rebate|
|Name||eToro||RoboForex||Forex4you||OctaFX||Easy-Forex||LiteForex||IC Markets||ETX Capital||GCI||Caesar Trade|
|Visit Site||Sign Up||Sign Up||Sign Up||Sign Up||Sign Up||Sign Up||Sign Up||Sign Up||Sign Up||Sign Up|
|Spread - EUR/USD||3.00||2.00||2.00||0.60||4.00||3.00||1.00||0.70||1.00||1.50|
|Spread - GBP/USD||4.00||3.00||3.00||0.60||5.00||3.00||2.00||0.90||2.00||2.00|
|Accept US Traders||No||No||No||No||No||No||No||No||No||No|
|Name||eToro (Europe) Ltd||-||E-Global Trade & Finance Group, Inc.||Octa Markets Incorporated||Easy-forex||LiteForex||International Capital Markets Brokers||ETX Capital||GCI Financial||Caesar Trade International|
|Regulation Authority||CySEC (Cyprus)||-||FCA (UK), FSC (BVI)||-||ASIC (Australia), CySEC (Cyprus)||SIBA||-||-||-||Financial Services Provider, N. Zealand|