Find out more about Forex rebates now!
There`s a loss and a win in financial trading just like in any game and in commercial deal. But when you make a strike, or an attempt, you are making a tiny win to gain more experience, to get closer to the final satisfying outcome. We do not know, if you understand why we are saying to you all of these things, but we are fully sure that after this article, you will get it – the whole truth about the winning activity behind Forex trading. So, if you are already curious about what we are talking about, here is a hint from us – we are talking about Forex rebates. Do you know what they are? Have you ever heard of them? Here is your chance to figure it out! Find out more about Forex rebates now!
What exactly Forex rebates are?
When you hear of Forex rebates, some of you might thing that these are kinds of assets. No, they are not! Others will believe that Forex rebates are trading instruments. Ok, you are quite close to the truth, but not exactly. As a matter of fact, Forex rebates are also well-known by the name of rebate pips. Does this throw some light now? Well, if no, then we are forced to explain you more about Forex rebates as you are beginners in the field and there is nothing bad about it. Actually, if you meet the rebate pips now and you are a beginner, you are already a winner. Because once you understand what they are, you `ll be happy to find out that there are such things out there – among the different global Forex brokers. Forex rebates, dear traders, are actually kinds of bonuses. You can find them in a broker`s promotion or bonus section – or next to Forex no deposit bonus, Forex refer a friend program and etc. The thing is that Forex rebates are indeed a bit more complicated, but once you find out how they work you will be thrilled to start using the right away.
Top Forex Brokers That Offer Rebates
|Broker||Min Deposit||Regulation||Bonus||Read More||Visit Site|
|XTRade||$100||CySEC||$20 Free||Read Review||Visit Broker|
|XM||$5||FSA, CySec||$30 Free||Read Review||Visit Broker|
|HY Markets||$50||FSA, CySec||Up to $5000||Read Review||Visit Broker|
How do rebate pips work on a Forex broker website?
Forex rebates are pips or parts of one single bonus. They are not several types or kinds of bonuses, but elements of one promotion. The promotion works this way: you receive some cash – either as a % of some amount or an exact amount of money – due to some certain activity on the website. Depending on the broker`s conditions, these are the types of Forex rebates you can meet, aka these are the two ways rebate pips can work:
- Forex rebates for a trade
If your Forex rebates are made to correspond to your trades, then they work this way: you are received a bonus of a certain %. Let`s imagine it is 50%. This means that anytime you make a trade on this website, your account will be credited with 50% of your trade stake amount regardless the fact whether you will eventually win, or no. So you trade 50 USD and you have 50% Forex rebates. If this was your last money in your Forex broker account and you trade is loss, you will remain with 25 USD due to the rebate pips.
- Forex rebates for a loss
Traders tend to love these types of rebate pips, because they let them win even if they lose. How can this happen? The terms and conditions of this type of a bonus let you return (like a cash back bonus) a certain amount of your loss. Imagine you are provided with 100% Forex rebates and you trade 50 USD, but this was your last available money in your account and you lose. Eventually, you will remain with the same amount you had before making the trade, or 50 USD.
What do I have to do to use my Forex rebates?
Here, you will find everything necessary and required from you to get the rebate pips. Note that these are only common terms and conditions and you need to read each broker`s rules for its Forex rebates:
- You need to have an official registration of a certain broker. You cannot use some other`s broker`s pip rebates, if you do not complete its registration form – including the verifying part.
- You must open an official account, which means that you have to already have deposited your primary deposit according to its minimum requirement.
- You need to make a trade and only then the credited amount of your Forex rebates will be inserted in your Forex broker e-wallet.
How to find a decent broker with such rebates?
It`s not harsh at all. Check out your own broker now and you might see that it also offers Forex rebates. Another option you`ve got is to use Google and to search the results by the keywords “Forex rebates” or “rebate pips”. In all cases, do not forget, that this is a type of a cash back bonus, so you might find Forex rebates under this name, as well. The name does not matter. What matters is you to find this winning offer to have more cash when you trade and when you lose!
You can find Forex rebates in many brokers on the go. And now you can see that these pips let you win even when you lose! Isn`t this great? Well, it is! And it`s possible with rebate pips!