The Benefits of Forex Rebates

Business

Mason A. Nov 29th, 2022 1196 views

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
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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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