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Home / For Clients / «Rebates» Service

Forex Rebates Service



Forex "Rebates" Service is a wonderful opportunity for our clients to decrease spread for all account types!

The number of clients who have fulfilled the conditions and got "Rebates": 3582.

The program is working on the permanent basis and available for all Company’s clients who have demo, cent, standard, and ECN-accounts and participate in the "Verified Client" program.

Terms and conditions of "Rebates" service:

  1. "Rebates" is calculated based on the monthly turnover of closed transactions in the trading account.
     
  2. "Rebates" service is not available for those accounts, which have active "Welcome Bonus 1.0" or "Welcome  Bonus 2.0" bonuses.
     
  3. "Rebates" is available for all account types on the MetaTrader4, MetaTrader5cTrader and Currenex Viking Trader platforms.
     
  4. Payments are made on the first day of each month with the comment "Rebates" in the account history.
     
  5. You can find detailed information on trading volume in the Live Account, "Your Rebates" section.
     
  6. "Rebates" that you receive are not a bonus and there are no special conditions for them, a client can use them any way they want.
     
  7. The "Rebates" amount directly depends on the monthly turnover of closed transactions in the trading account. The levels are:
     
    Level Volume
    in lots
    Cent accounts
    (per 1 lot)
    Standard accounts
    (per 1 lot)
    ECN accounts *
    Trader from 100 to 3000 0.1 cents USD 1 USD 10%
    Expert from 3000 to 10000 0.5 cents USD 2 USD 20%
    Pro from 10000 1 cents USD 3 USD 30%

    * - For ECN accounts, rates are specified as a percentage of the total commission at the end of the month.

  8. Only closed orders are taken into account when calculating trading volume. The calculation starts from 00:00:01 the first day of every month. Show examples

    Example 1: Your trading volume during a month on standard account is 3200 lots (USD currency). The Rebates to be transferred to your account on the first day of the next month will be 3200 * 2 USD = 6400 USD.

    Example 2: Your trading volume during a month on cent accounts is 8000 cent lots (USD currency). The Rebates to be transferred to your account on the first day of the next month will be 8000 * 0.5 cents USD = 4000 cents USD or 40 USD.

    Example 3: For example, your ECN account currency is USD and the total commission for 5 000 lots closed within a month comprises 27 000 USD. Then, as a rebate, you will receive 27 000 / 100 * 20 = 5 400 USD.

  9. All closed orders of all currency pairs are taken into account when calculating trading volume.