Forex Cashback - Trading is an activity that has a high risk but gives a high return as well, therefore people who go into this business must understand all the risks that occur due to trading activities. Many traders don't know about forex cashback or forex rebates and many of them are not aware of the benefits in forex cashback especially those who are new to this business ( new trader ).
What is forex cashback ? Forex cashback is partial returns of spreads or commissions paid by traders to brokers for the order transactions that they do. For example, when you buy GBPUSD 2 standard lot (100,000 contract size) with a spread of 1.5 pips, then when your transaction order will immediately be minus (-) 3 pips or $ 30, it means you have paid the broker $ 30 for your transaction.
With the forex cashback that we provide, the spread or commission that you pay to the broker will return some of it to you. For example, we give a rebate of 0.8 pips, then you will get a rebate of $ 8, imagine that if you make 50 lots a month, you will get a rebate of 50 lots x $ 8 = $ 400. The rebate rate in our system varies depending on the broker, there are in pips, USD and there are also in percent.
This opportunity that many traders don't know about it. By joining our cashback service a trader can increase trading profits or minimize losses in the event of a loss. Because cashback is given whether you experience a loss or profit in accordance with applicable regulations and it is different in each broker, For that you need to read the cashback terms and conditions at each broker before starting to join our cashback service.