Trade Rebate Program
Lower Your Trading Cost Through an Introducing Broker Pip Rebate or Commission Discount!Now days, active forex traders are looking for ways to cut their trading cost such as paying spread to their Broker or FCM. A pip rebate or commission discount received through a Introducing Broker (IB) is one way for traders to cut cost. A forex rebate or commission discount is simply a kickback given to the trader on a per round-turn trade basis, based on the volume of monthly trades. It is important to note that a forex rebate DOES NOT involve any extra costs on the part of the client. The spread cost is not increased and remains the same for the trader. The introducing broker takes a cut on their spread commission to pay for the rebate to the client.
At present, the best option for traders desiring to participate in this program, is to open an account with one of our preferred brokers. Please note that if you go directly to the Brokers/FCM website to sign up you will not qualify to receive these rebates. You must open an account through Forex Introducing Brokers Online, LLC. If you already have an account with one of our preferred brokers, you can open a new account through the IB link and then transfer funds from your existing account to your new account. Your rebate can be mailed to you, or sent to a paypal account you have.
Get that extra edge on your trading and consider signing up for a Forex rebate account. Since their is no extra costs to be involved in the program, traders have nothing to lose and everything to gain through their participation. Forex Introducing Brokers Online does not hold or receive any client funds, nor interfere with the trading process. Forex Introducing Brokers Online primary focus is providing tools and resources to help you become a more profitable forex trader.
Benefits of Our Preferred Brokers:
- Hedging is allowed and account not affected by NFA’s FIFO rule
- Open to U.S. clients and over 100 other countries
- Trade on a variety of platforms including MetaTrader 4
- Account types: Standard or Mini (as low as 0.1 lots)
- Accounts can be held in USD, EUR, RUB
- Your funds can be held in a US, Swiss, or UK Bank
- Receive up to 0.5 pips per trade
Every client of FXIBonline is automatically entitled to the following opportunity:
To participate in this program, please sign up with one of our preferred brokers
Benefits
Puts your own money back into your pocket
Helps offset the cost of trading (i.e paying spread to broker)
Use to replenish or increase your trading account equity
FAQ About Trade Rebate Program
Q.How do I get Trade Rebates?
A. To receive trade rebate(s), you must open or have an account through one of FXIBonline preferred Broker(s)
Q. How often do I get paid?
A. Rebates are paid out once per month on the last day of the month for the prior months trading.
Q. How much will I get paid?
A. Rebate is dependent on how many completed trades executed, lot size of trades, and Brokers'/FCM pip rebate. Brokers'/FCM pip rebate varies from Broker to Broker and can be found here.
Q. Are there any minimums to qualify for Trade Rebates?
A. Yes, any trade that is smaller then .1 lot does not qualify for a rebate. (.01 lot is a penny a pip and .5 pip of .01 cent doesn't exist)
Q.What if my rebate is not accurate?
A. Please do not hesitate to contact us, we will work with you to correct the problem.
Q. What if the Broker/FCM I want to trade through is not listed on FXIBonline?
A. Please contact us to let us know which Broker/FCM, and we will contact said Broker/FCM to establish a partnership with.
Q. How can I receive my rebate?
A. We send you your rebate through the mail, or to a paypal account.
Q. What is a completed Trade?
A. It is a trade that has been closed out, whether it was profitable or not.
Terms and Conditions
Eligibity Requirements:
Payment Rules:
Client understands rebate is paid once a month at the end of the month, for the previous month trading
Client understands rebate is based on all trades for the prior month
Client understands the rebate is dependent on how many completed trades executed, lot size of trades, and Brokers'/FCM pip rebate.
Client understands Broker/FCM pip rebate varies Broker to Broker
Client understands rebate dollar amount can vary month to month based on clients' trading activites.
Cleint understands rebate will be mailed to address client provided when opening their account.