The Benefits of Forex Rebates
Traders have to recognize
the benefits that are offered by trading with a Forex rebate provider.
Forex rebates
are simple. There are no complicated processes and the procedure is effortless.
The only thing that the trader has to do is to open his trading account through
the rebate provider. In some cases traders can earn Forex rebates on their existing trading
accounts but this usually depends on the broker.
By opening an
account through
a Forex rebate center like KickBackFX the Forex broker will pay KickBackFX
a “finder’s fee” on every single trade placed by the trader. In return KickBackFX
will refund a large percentage of this “finder’s fee” back to the trader. The
trader will then be receiving cash backs from every trade he makes on a monthly
basis
.
.
How much money
will I receive using a Forex rebate service?
This depends on the Lots traded. For
example if you trade 100 lots per month you will receive (100*0.8) 80USD.
Various Forex brokers have different rebate rates thus you can end up making
more or less depending on the Forex broker you trade with. Eighty US dollars
may not be much but if you calculate it on a yearly basis 80*12=960USD it is
a respectable amount for any trader. Furthermore the more you trade in lots the
more you earn.
Trades have
nothing to lose by choosing to trade with a Forex rebate provider.
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