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How do you benefit from Forex rebates

Discussion in 'Forex' started by moneybaggy, Dec 25, 2018.

  1. moneybaggy

    moneybaggy Registered

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    Forex rebates is a way to earn money from the Forex Market whether you lose or win in a trade.

    How do you benefit from this system? Does your broker offer you rebate?
     
  2. WaynDavid

    WaynDavid Registered

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    A rebate plan is a cash-back deal.
    That means that each time you open and close a position, you gain back an amount of cash. This cash rebate is paid at the end of each month. Depending on the Forex Broker you choose, your cash rebate can be paid directly from your broker. It's more like gaining from your own trades, do well to ask well on this when you decide to add this to your trades. I connected my account at Forexchief to a cashback company, so they pay me for every trade executed on the Forexchief platform.
     
    Last edited: Jan 12, 2019
  3. Diane Abbott

    Diane Abbott Registered

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    The only way we can benefit is when the broker is reliable and can be trusted. I like FreshForex, where they have healthy rebate program and since they are secure, it's all good. But of course, you always need to make you understand about any broker before trading with them.
     
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