Forex Rebatesby Mason A. Forex Trading
What on earth are Forex rebates? Lets get to the point though. As you are probably wondering, what are these so called rebates? Well, Forex rebates can simply be defined as free cash bonus that all F Recommended Features
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Review on Forex RebatesWhat on earth are Forex rebates?
Lets get to the point though. As you are probably wondering, what are these so called rebates? Well, Forex rebates can simply be defined as free cash bonus that all Forex traders are eligible to receive on every single trade they place.
The steps that make rebates possible are as simple as the following:
I. You open a trading account with a Forex broker through a middleman .
II. As a reward, the broker pays the middleman an agreed finders fee, which is equivalent to a portion of your transaction fees every time you place a trade.
III. Just for choosing your broker through the specific middlemen, some of them give you back a portion of this finders fee! This is basically what is called a Forex Rebate.
Last but not least, top rebate providers like www.KickBackFX.com do not mark up any spreads for the sake of giving higher rebates. That basically means that the spreads you see will be exactly the same either if you join a rebates program or not. You wouldnt have to change anything in the way you trade, yet you would receive rebates on every trade you make.
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Created on Jan 21st 2013 03:00. Viewed 620 times.
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