Frequently asked questions

1) Important ForexCashbackRebate Policies

Multiple Accounts: Clients may only register a single ForexCashbackRebate web account (not to be confused with broker accounts, you may add as many broker accounts as you like). If multiple ForexCashbackRebate web accounts for the same user are discovered, all accounts beyond the first will be disabled.

Churning: Churning is frowned upon by most brokers. If you plan on trading with no purpose other than to generate a cashback/rebate, please contact us before proceeding, as our comissions may be voided by the broker and this will also void any cashback/rebate you may expect to receive.

Chargeback: ForexCashbackRebate clients may have chargeback on their Forex broker accounts, We will close their ForexCashbackRebate accounts.

2) What is a Pip?

A pip is a standardized unit and it is usually the smallest amount by which a currency price changes. A pip is usually the forth decimal (0.0001) in the price of a currency pair. For pairs with the Japanese yen (JPY) a pip is calculated in the second decimal (0.01).

3) What is a "Round-turn"?

A Round Turn is one completed trade, a buy and sell, enter and exit, or the opening and closing of any position.

4) What is a Cashback/Rebate?

Forex rebates and forex cashback are synonyms, they are both the same thing. Every time you trade at one of our partner brokers, you will receive cash from ForexCashbackRebate. This cash amount paid to you is what we call rebates or cashback.

5) Is your service free of charge?

Absolutely! All we do for you we do absolutely for FREE. On the contrary, we pay you for choosing our service.

6) How do I start getting paid for my Trades?

Sign up for a free account on this site.

Choose a broker and click the link or icon, then follow the instructions on the next page. If you see a field for "referred by" enter (ForexCashbackRebate) unless directed otherwise. After opening the account in the broker, you have to Sign in to your account and click at "Brokerage Settings" menu, then click New Button and fill out all fields. We will get your request with Pending status and after our review change your request to confirmed. After changing your request, you will receive a confirmation email. As referrers, your broker pays us a portion of the spread or commission they charge you each time you place a trade. This commission is taken from the firm marketing budget, so your spreads, costs, and service stay the same! Visit "Payment Settings" in your account panel and update your payment information. Carefully enter the information correctly.

Begin actively trading the account, and wait for your Cashback/rebate payments to arrive!

After add Cashback/rebate in your account panel you will can see it in Account Balance. Then in "Withdrawal" menu click New button and select Payment method, enter Amount and click ok. Your withdrawal request will send to us with Pending status and we will pay to you and your request will get Completed status. Also you are able to see status of all withdrawal requests at Withdrawal menu.

7) How can I see details of my Forex Cashback/Rebate?

In the "Payment History" of your dashboard menu you will can see all details of your Cashback/Rebate.

8) How can I be sure I wont pay the broker more, or suffer a loss in service?

When we establish a relationship with a broker, they agree with us that they will not increase your spreads or costs because you have opened with us. They know if they did, you would simply sign up with one of their many competitors with whom we also have relationships.
In fact, because of our strength we often are able to negotiate tighter rates with your chosen provider.
You will receive exactly the same spreads, pricing, execution, and service from your provider that you are currently used to. The only difference is you get paid to trade!

9) Do my spreads increase if I open an account through you?

Never! Your spreads will be exactly the same as those offered on the broker's website, and will be the same as those you would pay if you had opened the account on the broker's website. The only difference is that, by opening your account through us, you will receive Cashback/rebate!

10) What if I lose, do I get a cashback/rebate?

Yes. You receive a cashback/rebate for every trade you make, win or lose. You receive a cashback/rebate as we pass on the payment received from your broker for introducing you via our scheme.

11) What if I win, do I still get a cashback/rebate?

Yes! It makes no difference whether you win or lose. Every trade earns you a cashback/rebate.

12) Do I get cashback/rebates for both winning and losing trades?

Yes , this is way ForexCashbackRebate is income earning 100% from your forex trading.

13) Can I open a demo account?

Yes of course. Again, there is no difference to the normal way you would consider and review a broker. In fact, we can help you make this process easier, and of course, you can open your demo directly through our site.

14) I am a profitable trader, why do I need a cashback/rebate?

You deserve a rebate. It doesn’t matter if you win or lose, are an active or infrequent trader, you are eligible for a rebate if you open through us. Consider this as an additional profit, or “cushion” in your trading. You will be surprised at how quickly your income will build. An active trader would on average receive an additional 5% of equity on account every month. That’s an extra 5% profit for no extra effort!

15) Does it matter what products I trade?

Each broker has a different set of specifications and so you must look carefully at the details provided on the broker page here.However, in most cases each product is treated the same. You get a cashback/rebate on all.

16) Does it matter what size my account I have? Can I be too small to qualify?

Every client, no matter how big or small, will receive rebates.

17) How do I know if this is for real?

You may independently verify our status as an active introducing broker with the firms we partner with.

18) Why should I follow instructions and register to get Cashback/rebate?

The instructions for opening an account at each broker and designed to ensure the brokerage firm recognizes us as your referrer. This allows us to collect volume based commission for having "introduced" you as a client. This commission is then used to provide your Cashback/Rebates. When you register on our site, we can associate your brokerage account(s) with you and the payment information you provide.

19) Is there any criteria I must meet to receive cashback/rebate?

There are no minimum earnings you must generate to receive cash rebate. If you have selected a payment method requiring a minimum payment and your account balance is below this, your account balance will carry over until either you change the payment method, or your account balance reaches the amount required to issue payment.

20) When does my cashback/rebates show up in my account?

You will receive a credit prior to payment issuance, therefore your account balance will be positive. Credits may be issued anywhere from several hours to several days before payment issuance. Payments will show up nearly immediately after a payment has been issued, and your account balance will return to 0.

21) What payment method do you offer?

Currently we offer:
Skrill - $1 minimum accumulated cashback/rebate, 2.5% fee
Paypal - $10 minimum accumulated cashback/rebate, no fees
Bank Wire - $200 minimum, $20-50 fee

We incur charges on some payment methods, so we charge a fee on these.

22) How do I provide my payment information?

Go to "Payment Settings" under the Dashboard Menu. Then click "Save" button.

23) How and when will I receive my cashback/rebates (Account balance)?

We add rebates monthly in your ForexCashbackRebate account so for get your cashback/rebates in account balance you need send a withdrawal request.
Login in your ForexCashbackRebate account then in right menu of Dashboard Menu click on the "Withdrawal" menu then "New" button and fill in the form and send.
Finance department will process your withdrawal request within 10 working days.

24) Cashback/Rebates will add monthly or weekly in my ForexCashbackRebate Account?

We add cashback/rebates monthly.

25) Can you deposit directly in my trading account?

In some brokers Yes we can but in other brokers we can not. For more details check brokers page on our site.

26) What do I do if I disagree with the amount of Cashback/rebate I received?

Mistakes can happen and we are happy to take a second look. Simply Contact Us with a copy of your account statement (as it comes from the broker) with a request to have the matter investigated.

27) Can I get Cashback/rebate on brokers that are not listed?

Yes, we do work with some brokers that for legal reasons or otherwise, are not listed on our site but for whom we can provide rebates for. Additionally, we add partner firms often so feel free to "Contact us" regarding the addition of a partner firm. With that said, we are careful about what firms we deal with and will not add any broker just to advertise our "wide selection." We have many years experience in the forex industry, and know of many firms engaged in stealing or cheating clients. We will not deal with such firms.

28) Can I get Cashback/rebate on a broker I already have an account with?

In most cases, yes. Please visit the individual broker pages for more details.

29) Can you see my trades or have access to my trading account?

Not always Again, there is no difference to your existing service or set up. We cannot for legal reasons receive any notification on your account balance or trading history unless you decide to provide that to us. Your account is password protected and only you can get access. We merely obtain an income for referring you to your brokers and pass that savings back to you.

30) What if I already have an account? Can I benefit.

Yes. Our unique relationship and size allows us to receive rebates even if you currently have an account. All you need to do is register through us and we will sort out the rest. There will be no downtime, or disruption in your trading.

31) What if I signed up under your link and forgot to add account details in my profile?

No worries. We keep your generated balance for a period of 20 days. You will have 20 days time to enter brokerage details in your profile for our verification.