In today’s markets, traders are looking for any way to gain an edge in their trading and cut back on commissions costs, and Forex rebates are one way that can help with this. A Forex rebate is simply a kickback commission given to the trader on a per round-turn trade basis, based on the volume of that trade.

Forex rebates work through an introducing broker (IB), who first receives the commissions from the broker, and then gives a portion of that commission back to the account holder. Why is the broker giving out these commissions in the first place? Simply put, they want your business.

Rather than spend even more money on advertising, the broker allows IB’s to act as affiliate salespeople for their firm, bringing business from around the globe.  It is a win-win scenario where the broker gets a new client and the IB received a referral commission for bringing that client to them.

After the IB received the commission from the broker, part of the FX rebate is then given back to the client. It is important to note that a Forex trading rebate program does not involve any extra costs on the part of the client. The spread cost is not increased, but remains the same for the trader. The broker takes a cut on their spread commission to pay for the rebate.

At present, the best option for traders desiring to participate in this program, is to sign up for an account with FXCM (Forex Capital Markets LLC) through iForexsignals.com. FXCM is one of the largest and most reputable brokers in the world, offering traders a vast array of trading platforms to choose from, including MetaTrader 4. They allow for mini and standard lot trading and have main offices in the United States and the UK. Their no-dealing desk model offers the best market execution for traders and ensures that the broker is never trading against the client. Also, they have solutions in place to allow for hedging and not be affected by the FIFO rule implemented by the NFA in mid-2009, which is of importance to the majority of traders.

If you are interested in receiving Forex broker rebates, simply sign up though iForexSignals.com and open a new account through the online application link. Please note that if you go directly to the FXCM website to sign up you will not qualify to receive these rebates. You must open the account through the IB. If you already have an account with FXCM you can open a new account through the IB link and then transfer funds from your existing account to your new account.

Currently iForexSignals is paying the client 50% of the commission received from the broker. This rebate equates to around $5 per round-turn standard lot traded, whether that is a winning or losing trade. Rebates will also be paid on mini lots (as low as 0.1 lots).

Get that extra edge on your trading and consider signing up for a Forex rebate account. Since their is no extra costs to be involved in the program, traders have nothing to lose and everything to gain through their participation.

Click Here to Open an Account Online Now

• Hedging is allowed and account not affected by NFA’s FIFO rule
• Open to U.S. clients and over 100 other countries
• Trade on a variety of platforms including MetaTrader 4
• Account types: Standard or Mini (as low as 0.1 lots)
• Accounts can be held in USD, GBP, EUR, JPY or AUD
• Your funds can be held in a US or UK bank.
• Receive up to 0.5 pips per trade (50% of our commission)

If you are from British Columbia, Canada please contact us for application instructions, as the link above will not work for BC residents.

Forex rebates are paid to qualifying clients on a monthly basis, based on the trading volume for that given month. You will need a free PayPal account to receive your monthly rebates. If you have any questions regarding this program please browse the FAQ, or contact us if your question cannot be answered there.