
The Top 10 Best Forex Rebate Programs and Rates revealed. We have rated and reviewed the best Forex Brokers offering market-leading Rebate/cashback Programs.
???2023 Promotion – Get 30% Cashback on each trade From Exness – click here! ???
This is a complete listing of the Best Cashback Forex Brokers who offer high-commission rebates per lot and spreads.
In this in-depth write-up you will learn:
- Which Forex Broker offers the Best Rebate Rates?
- What are Rebate Rates?
- Rebate Rates – How do they work?
- Who are the Highest percentage commission, cash-back brokers?
- Which ECN brokers pay daily / monthly cashback
- Best M4 /MT5 cash-back promotion.
- #1 Cashback brokers
and much, much more!
Forex Rebates – A Definition
A Forex (FX) Rebate is a sum of money that is credited or returned to a trader once a transaction is completed. A rebate may be set as a flat rate or as a conditional rebate.
10 Best Forex Rebate Comparisons in 2023
| ? Broker | ?Spread Rebate Cashback | ? Monthly or Daily Cashbacks | ? Forex Rebates | ? Sign Up |
| ?Exness | Up to 30% Commission | Daily | ☑️ Yes | ? Click Here |
| ?AvaTrade | Up to 30% Commission | Monthly | ✅ Yes | ? Click Here |
| ? HF Markets | Up to $6.80 per lot | Daily | ✅ Yes | ? Click Here |
| ? Tickmill | Up to $9 per lot | Monthly | ☑️ Yes | ? Click Here |
| ? XM | Up to $13.95 per Lot | Daily | ✅ Yes | ? Click Here |
| ? RoboForex | Up to 48% Commission | Monthly | ☑️ Yes | ? Click Here |
| ? IC Markets | Up to 38% Commission | Monthly | ✅ Yes | ? Click Here |
| ? Oanda | $1 per Lot per 100 K USD | Monthly | ☑️ Yes | ? Click Here |
| ? Pepperstone | Up to 12.85% Commission | Monthly | ✅ Yes | ? Click Here |
| ? ThinkMarkets | Up to $4.51 per Lot | Monthly | ☑️ Yes | ? Click Here |
10 Best Forex Brokers Cashback Rebate Programs (2023)
- Exness – Best Forex Rebate of Up to 30% for new and existing Traders
- AvaTrade – Overall, Best Rebate Program up to 30% commission
- HF Markets – Most Profitable Rebate Conditions
- Tickmill – Rebate per Trading Volume
- XM – Highest Rebate Rate for 2023
- RoboForex – Best ECN forex brokers with Rebate
- IC Markets – Exclusive Discount Rebate Service
- Oanda – Advanced Trader Account with Rebate Offer
- Pepperstone – Active Trader program
- ThinkMarkets – Suited for High-Volume Traders

Exness
Exness is a forex and CFD broker that offers its clients access to trading in currencies, crypto, stocks, indices, metals, and commodities. Exness makes a proprietary Trading Terminal platform plus MetaTrader 4 and 5 available partnered with a wide variety of account types to cater to different types of traders.
Exness Overview
| ? Broker | ? Exness |
| ? Regulation | Multiple |
| ? Trading Desk | Market Maker, NDD |
| ? Sign Up Bonus | None |
| ➖ Min. Deposit from | $10 USD |
| ? Spreads from | 0.1 Pips |
| ➕ Max Leverage | 1:2000 |
| ? Commission | Yes |
| ? Inactivity Fee | No |
| ? Open an Account | ? Click Here |

Exness Cash Back Rebates
Exness Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
| ? Range of Markets | ? Standard | ? Standard Cent | ? Raw Spread | ? Zero |
| ? Forex | 30% of the Spread | 30% of the Spread | Up to $160 per lot | Up to $160 per lot |
| ? Oil / Energies | 30% of the Spread | n/a | Up to $26 per lot | Up to $26 per lot |
| ⚙️ Metals | 30% of the Spread | 30% of the Spread | Up to $26 per lot | Up to $26 per lot |
| ? Shares / Equities | n/a | n/a | Up to $14.40 per lot | Up to $14.40 per lot |
| ? Indices | 30% of the Spread | n/a | Up to $4.40 per lot | Up to $4.40 per lot |
| ? Cryptocurrencies | 30% of the Spread | n/a | Up to $14.40 per lot | Up to $14.40 per lot |
| ? Payments Options | Direct to Broker Account (Daily) | Direct to Broker Account (Daily) | Monthly Cash Back | Monthly Cash Back |
| ? Get Cash Back | ? Click Here | ? Click Here | ? Click Here | ? Click Here |
Exness does not accept new accounts from selected regions including EEA, UK, AU, NZ, and MY.

Exness Cash Back Rebates – Overview
Exness offers rebates as a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. Aside from the Exness Rebate Program users will receive rewards points and a loyalty bonus.

Exness Cash Back Rebates – How does it work?
Once a trader links a new or existing forex trading account to Exness the Broker will pay the owner of the referral link a volume-based commission for each successful trade that is placed. In turn, a portion of these funds will be paid out to clients.

Exness Pros and Cons
| ✔️ Pros | ❌ Cons |
| Exness is well-regulated and keeps all client funds in segregated accounts with top-tier institutions | There is a limited portfolio of financial instruments offered |
| Traders can choose between several retail investor accounts | Exness offers a limited number of payment methods that can be used for deposits and withdrawals |

AvaTrade
AvaTrade is considered to be a pioneering broker that offers its services to over 400’000 users across the globe. AvaTrade offers access to approximately 1000 instruments across Desktop, tablet, mobile, and Web-based trading platforms. Get up to 30% cashback per trade >> click here
AvaTrade Overview
| ? Broker | ? AvaTrade |
| ? FSCA regulated | ☑️ Yes |
| ?Bonus | ✅ Yes |
| ?Trust Score | 94% |
| ?Live support | 24/5 |
| ? MetaTrader 4 (MT4) | ☑️ Yes |
| ? MetaTrader 5 (MT5) | ✅ Yes |
| ?Trading Islamic Account | ☑️ Yes |
| ?CFDs – Total Offered | 681 |
| ? Spreads | 0,9 pips |
| ? Withdrawal fee amount | Zero |
| ? Trading fees class | Very Low |
| ✔️ Scalping Allowed | ☑️ Yes |
| ? Open a account | ? Click Here |

AvaTrade Cash Back Rebates
AvaTrade Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
| ? Range of Markets | ? MT4 Pip Rebate | ? MT4 Spread Rebate * |
| ? Forex | 0.35 Pips | 30% of the Spread |
| ? Bonds | 0.35 Pips | 30% of the Spread |
| ? Oil / Energies | 0.35 Pips | 30% of the Spread |
| ⚙️ Metals | 0.35 Pips | 30% of the Spread |
| ? Indices | 0.35 Pips | 30% of the Spread |
| ? Soft Commodities | 0.35 Pips | 30% of the Spread |
| ? ETFs | 0.35 Pips | 30% of the Spread |
| ? Cryptocurrencies | 0.35 Pips | 30% of the Spread |
| ? Payment Options | ✅ Monthly Cash Back | ✅ Monthly Cash Back |
| ? Get Cash Back | ? Click Here | ? Click Here |
*Rebates are not paid on the percentage of a trade using bonus money as a margin.
Traders must take note that AvaTrade will not pay a commission until its revenue from all trades exceeds any bonus amount. AvaTrade will not pay rebates to residents of the EU, New Zealand, Israel, Hong Kong, or accounts registered with entities in Japan FSA and Israel ISA.

AvaTrade Cash Back Rebates – Overview
AvaTrade offers rebates as a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. AvaTrade is a trusted financial service and rebate program provider and its offering can be fully trusted. AvaTrade cashback will be reported in real-time in the users’ dashboard and the cashback is usually released a few days after the end of the month.

AvaTrade Cash Back – How does it work?
Once a new AvaTrade account is opened via the provided referral link, AvaTrade will pay the referral site a commission that in turn, is paid back to the customer in the form of cashback.

AvaTrade Pros and Cons
| ✔️ Pros | ❌ Cons |
| Easy and fast account opening | Limited product portfolio |
| Great educational tools | Poor support telephonically |
| No withdrawal fee | Administration fee |
| Free deposit and withdrawal options | Inactivity fee |
| Low trading fees | Offers only CFD’s, Forex, and Cryptocurrencies |

HF Markets
HFM is a forex and commodities broker that provides award-winning trading services and facilities to both retail and institutional clients worldwide. Furthermore, HFM allows both scalpers and traders using expert advisors unrestricted access to its liquidity.
HF Markets Overview
| ? Broker | ? HFM |
| ⚖️ Regulation | FSCA, CySEC, FCA, DFSA, FSCA, CMA |
| ? Minimum deposit | $0 |
| ? Maximum Leverage | 1:2000 |
| ? Asset Types | Forex, Metals, etc. |
| ? Trading platforms | MT4, MT5, HFM Trading App (Android & IOS) |
| ? Supported lot | 0.01 – 500 |
| ? Demo | ☑️ Yes |
| ? Open an Account | ? Click Here |

HF Markets Cash Back Rebates
HF Markets Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
| ? Range of Markets | ? Micro | ? Premium | ? PAMM Client Account (Premium) | ? PAMM Client Account (Premium Plus) | ? Zero Spread |
| ? Forex | $6.80 USD per lot | $6.80 USD per lot | $2.55 USD per Lot | $2.55 USD per Lot | $2.55 USD per Lot |
| ? Oil / Energies | $0.85 USD per Contract | $0.85 USD per Contract | $0.63 per Contract | $0.63 per Contract | n/a |
| ⚙️ Metals | $6.80 USD per Lot | $6.80 USD per Lot | $2.55 USD per Lot | $2.55 USD per Lot | n/a |
| ? Shares / Equities | $0.85 USD per Contract | $0.85 USD per Contract | $0.63 per Contract | $0.63 per Contract | n/a |
| ? Indices | $0.85 USD per Contract | $0.85 USD per Contract | $0.63 per Contract | $0.63 per Contract | n/a |
| ? Payment Options | Direct to Broker Account (After$5 USD) + Monthly Cash Back | Direct to Broker Account (After$5 USD) + Monthly Cash Back | Direct to Broker Account (After$5 USD) + Monthly Cash Back | Direct to Broker Account (After$5 USD) + Monthly Cash Back | Direct to Broker Account (After$5 USD) + Monthly Cash Back |
| ? Get Cash Back | ? Click Here | ? Click Here | ? Click Here | ? Click Here | ? Click Here |
HF Markets will not pay rebates under the following restrictions:
- HFM accounts registered with the Seychelles FSA entity.
- Residents of France or Portugal.
- Deals from which the margin arises from the bonus funds.

HF Markets Rebates – Overview
HFM rebates refer to a portion of a transaction’s cost that is paid back to the client on each trade. This results in a lower spread and improved win ratio.

HF Markets Cashback – How does it work?
When a trader chooses to link their new or existing HF Markets trading account via the referral link, the broker will pay the referring site a volume-based commission for every trade placed. This in turn will be paid back to the client in part.

HF Markets Pros and Cons
| ✔️ Pros | ❌ Cons |
| Well-regulated | US clients not accepted |

Tickmill
Tickmill is the trading name of Tickmill Ltd, a member of the Tickmill Group. Tickmill boasts more than 270’000 clients, over 550’000 registered accounts, millions of executed trades, and 200+ employees worldwide.
Tickmill Overview
| ?Broker | Tickmill |
| ? Minimum Deposit | USD 100 |
| ? Regulators | CySEC, FCA, FSA, FSCA, Labuan FSA |
| ? Trading Desk | MetaTrader 4, MetaTrader 5 |
| ₿ Crypto | ✔️ Yes |
| ? Total Pairs | 62 |
| ☪️ Islamic Account | ✔️ Yes |
| ? Trading Fees | Low |
| ? Account Activation Time | 24 Hours |
| ?️ Visit Broker | ? Click Here |
| ? Open an Account | ? Click Here |

Tickmill Cash Back Rebates
Tickmill Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
| ? Range of Markets | ? Classic | ? ECN Pro | ? VIP |
| ? Forex | $8.50 USD per Lot / 0-100 Lots $8.70 per Lot / 100 – 500 lots $9.00 per Lot / 500 Lots + |
$1.70 per Lot / 0 – 100 Lots $1.80 per Lot / 100 – 500 Lots $1.90 per Lot / 500 Lots + + 5% Direct Commission Reducation |
$1.70 per Lot / 0 – 100 Lots $1.80 per Lot / 100 – 500 Lots $1.90 per Lot / 500 Lots + |
| ⚙️ Metals | $8.50 USD per Lot / 0-100 Lots $8.70 per Lot / 100 – 500 lots $9.00 per Lot / 500 Lots + |
$1.70 per Lot / 0 – 100 Lots $1.80 per Lot / 100 – 500 Lots $1.90 per Lot / 500 Lots + |
$1.70 per Lot / 0 – 100 Lots $1.80 per Lot / 100 – 500 Lots $1.90 per Lot / 500 Lots + |
| ? Other | No Rebates Paid | No Rebates Paid | No Rebates Paid |
| ? Payment Options | Monthly Cash Back | Monthly Cash Back | Monthly Cash Back |
| ? Get Cash Back | ? Click Here | ? Click Here | ? Click Here |
Tickmill Rebates are not paid for accounts registered with Cyprus CySEC, South Africa FSCA, and Labuan FSA entities.

Tickmill Cash Back Rebates – Overview
Tickmill has launched a new promotion wherein traders will be rewarded with competitive rebates based on their trading activity. In order to qualify for the promotions cashback rebates traders will need to meet certain thresholds of trading volume in forex trading each calendar month.
| ? Promotion Tier | ? Monthly Volume Traded (in Lots) | ? Rebate Per Lot Traded (USD) |
| 1️⃣ Tier 1 | 0 – 1000 | $0.25 |
| 2️⃣ Tier 2 | 1001 – 3000 | $0.50 |
| 3️⃣ Tier 3 | 3001 and above | $0.75 |

Tickmill Cash Back Rebates – How does it work?
When a trader chooses to link their new or existing Tickmill trading account via the referral link, the broker will pay the referring site a volume-based commission for every trade placed. This in turn will be paid back to the client in part. In the case of Tickmill’ Promotional Cash Rebates will be calculated according to the monthly volume traded.

Tickmill Pros and Cons
| ✔️ Pros | ❌ Cons |
| Tickmill offers robust trading platforms and innovative mobile trading | Currency conversion fees will apply for some deposits |
| Tickmill has a very high trust score and is known for its competitive trading conditions | There are no fixed spread accounts offered |
| There are several convenient funding options available including Skrill, Neteller, and others | The spreads are not the tightest |

XM
XM Group is a MetaTrader-only broker that is known to offer an outstanding selection of high-quality educational content and market research. XM is available globally and has some of the lowest fees in the industry.
XM Overview
| ? Broker | ? XM |
| ? Min. Deposit | $5 USD |
| ✒️ Regulation | FSC / CySEC |
| ? Trading Fee Class | Low |
| ❌ Inactivity Fee | ☑️ Yes |
| ? Withdrawal Fee | No |
| ? Demo Account | ✅ Yes |
| ? Open an Account | ? Click Here |

XM Cash Back Rebates
XM Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
| ? Range of Markets | ? Micro | ? Standard | ? XM Zero | ? Ultra Low |
| ? Forex | 0 – 90 Lots $9.00 per Lot 90 – 180 Lots $9.15 per Lot 180 Lots + $9.30 per Lots |
0 – 90 Lots $9.00 per Lot 90 – 180 Lots $9.15 per Lot 180 Lots + $9.30 per Lots |
0 – 100 Lots $4.30 per Lot 100 – 150 Lots $4.50 per Lot 150 Lots + $4.70 per Lot |
Up to $13.95 per Lot |
| ? Oil / Energies | Up to $10.6366 per Lot | Up to $10.6366 per Lot | Up to $11.18 Per Lot | Up to $11.70 per Lot |
| ⚙️ Metals | Gold Silver $9.00 per Lot | Gold Silver $9.00 per Lot | Gold Silver $4.3 per Lot | Gold Up to $5.58 Silver Up to $13.95 |
| ? Shares / Equities | Up to $5.4492 per Lot | Up to $5.4492 per Lot | Up to $5.7276 per Lot | Up to $5.9940 per Lot |
| ? Indices | Up to $4.3364 per Lot | Up to $4.3364 per Lot | Up to $4.5580 per Lot | Up to $4.77 per Lot |
| ? Soft Commodities | Up to $12.2730 per Lot | Up to $12.2730 per Lot | Up to $12.90 per Lot | Up to $13.50 per Lot |
| ? Cryptocurrencies | Up to $24.546 per Lot | Up to $24.546 per Lot | Up to $28.80 per Lot | Up to $27.00 per Lot |
| ? Payment Options | Direct to XM MyWallet (2 x weekly) / Monthly Cash Back – Real Time Reports | Direct to XM MyWallet (2 x weekly) / Monthly Cash Back – Real Time Reports | Direct to XM MyWallet (2 x weekly) / Monthly Cash Back – Real Time Reports | Direct to XM MyWallet (2 x weekly) / Monthly Cash Back – Real Time Reports |
| ? Get Cash Back | ? Click Here | ? Click Here | ? Click Here | ? Click Here |

XM Cash Back Rebates – Overview
XM Account availability will depend on the client’s country of residence and rebate clients will not be eligible to receive bonus offers. A set of restrictions apply to XM Rebates:
- Accounts registered with ASIC, CySEC, and, Dubai DFSA entities
- Residents of Australia, Belgium, Argentina, Portugal, or Spain
- Existing EEA/UK XM clients not currently under Clear Markets
- Trades that are held for less than 5 minutes
- The percentage of a trade that uses bonus money as a margin

XM Cash Back Rebates – How does it work?
When a trader chooses to link their new or existing XM trading account via the referral link, the broker will pay the referring site a volume-based commission for every trade placed. This in turn will be paid back to the client in part. The XM Rebate is a partial return of the spread or trading commission that the client has paid to the broker when opening or closing an order. Aside from XM Rebates, the client will receive up to a 5% loyalty bonus and reward points of 1% of the rebate received.

XM Pros and Cons
| ✔️ Pros | ❌ Cons |
| Fast digital account opening | Account types vary according to jurisdiction |

RoboForex
RoboForex is a trusted online broker that provides trading assets on its Pro-Cent, Pro-Standard, and RAMM live accounts. RoboForex offers a wide selection of trading platforms, including MT4 and MT5.
RoboForex Review
| ? Broker | ? Roboforex |
| ⚖️ Regulating Authorities | IFSC |
| ? Countries not accepted | US, Canada, Australia, and Japan |
| ☪️ Islamic account | ✔️ Yes |
| ? Demo Account | ✔️ Yes |
| ? Maximum Leverage | 1:2000 |
| ? Minimum Deposit | $10 USD |
| ? Platform Types | MT4, MT5, cTrader |
| ? Open an Account | ? Click Here |

RoboForex Cash Back Rebates
RoboForex Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
| ? Range of Markets | ? ProCent | ? Pro Standard | ? ECN | ? R Trader | ? Prime |
| ? Forex | 48% of the Broker Revenue | 48% of the Broker Revenue | 48% of the Broker Revenue | 43% of the Broker Revenue | 22.50% of the Broker Revenue |
| ? Oil / Energies | n/a | 48% of the Broker Revenue | 48% of the Broker Revenue | 43% of the Broker Revenue | 22.50% of the Broker Revenue |
| ⚙️ Metals | 48% of the Broker Revenue | 48% of the Broker Revenue | 48% of the Broker Revenue | 43% of the Broker Revenue | 22.50% of the Broker Revenue |
| ? Shares / Equities | n/a | 48% of the Broker Revenue | 48% of the Broker Revenue | n/a | 22.50% of the Broker Revenue |
| ? Indices | n/a | 48% of the Broker Revenue | 48% of the Broker Revenue | 43% of the Broker Revenue | 22.50% of the Broker Revenue |
| ? ETFs | n/a | n/a | n/a | 43% of the Broker Revenue | n/a |
| ? Cryptocurrencies | 40% of the Broker Revenue a | n/a | n/a | 17.91% of the Broker Revenue | 22.50% of the Broker Revenue |
| ? Payment Options | Direct to Broker Account Daily / Monthly Cash Back | Direct to Broker Account Daily / Monthly Cash Back | Direct to Broker Account Daily / Monthly Cash Back | Direct to Broker Account Daily / Monthly Cash Back | Direct to Broker Account Daily / Monthly Cash Back |
| ? Get Cash Back | ? Click Here | ? Click Here | ? Click Here | ? Click Here | ? Click Here |
Each card used for a deposit transaction on a RoboForex account must be verified by the broker before rebates will be credited to the account.

RoboForex Cash Back Rebates – Overview
RoboForex clients can receive Cashback for the trading volume on Forex of as little as 10 lots. Verified clients of RoboForex have an opportunity to receive additional profit on all account types.
| ? Account Type | ? Calculation Method | ? 10 – 1,000 lots | ? 1,000 – 3,000 lots | ? more than 3,000 lots |
| ? ProCent | % of the Company’s revenue | 5% | 10% | 15% |
| ? Pro | % of the Company’s revenue | 5% | 10% | 15% |
| ? ECN | % of commission | 5% | 10% | 15% |
| ? Prime | % of commission | 5% | 7% | 10% |

RoboForex Cash Back Rebates – How does it work?
In order to qualify for the RoboForex Cash Back Rebates Program the user must open a RoboForex trading account and verify it. Once this has been done the account holder must trade at least 10 lots per month.

RoboForex Pros and Cons
| ✅ Pros | ❎ Cons |
| Excellent Asset Selection | Limited Crypto Selection |

IC Markets
IC Markets is a renowned Forex CFD provider that offers trading solutions for active day traders and scalpers. IC Markets offers cutting-edge trading platforms, low latency connectivity, and superior liquidity.
IC Markets Overview
| ? Broker | ? IC Markets |
| ? Regulation | ASIC |
| ☪️ Islamic account (swap-free) | ✔️ Yes |
| ? Demo Account | ✔️ Yes |
| ? Bonus | No Sign-up Bonus |
| ✴️ Institutional Accounts | ❌ No |
| ??? Managed Accounts | ❌ No |
| ? Maximum Leverage | 1:500 |
| ? Minimum Deposit | $200 USD |
| ? Open an Account | ? Click Here |

IC Markets Cash Back Rebates
IC Markets Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
| ? Range of Markets | ? Standard | ? Raw Spread | ? cTrader ECN |
| ? Forex | Monthly Cash Back 0.275 Pips – FX Majors 0.4125 Pips – FX Others or Spread Reduction + Monthly Cash Back |
Monthly Cash Back 38% of Commissions Paid or Direct Commission Reduction + Monthly Cash Back |
Monthly Cash Back $1 per 100K USD traded or Dirext Commission Reduction + Monthly Cash Back |
| ⚙️ Metals | Monthly Cash Back 0.4125 Pips or Spread Reduction + Monthly Cash Back |
Monthly Cash Back 38% of Commissions Paid or Direct Commission Reduction 21.50% of Commission Paid + Monthly Cash Back |
Monthly Cash Back $1 per 100K USD traded or Dirext Commission Reduction + Monthly Cash Back |
| ? Indices | Up to $1.7187 per Lot | Up to $1.9 per Lot | $1 per 100K USD Traded |
| ? Cryptocurrencies | Up to $0.6875 per Lot | Up to $0.76 per Lots | $1 per 100K USD Traded |
| ? Payment Options | Spread Reduction / Monthly Cash Back – Real Time Reports | Commission Reduction / Monthly Cash Back – Real Time Reports | Commission Reduction / Monthly Cash Back – Real Time Reports |
| ? Get Cash Back | ? Click Here | ? Click Here | ? Click Here |
IC Markets will not pay rebates to:
- Accounts registered with CySEC, Bahamas SCB, and ASIC entities.
- Residents of the Republic of Cyprus.

IC Markets Cash Back Rebates – Overview
IC Markets Forex rebates will reduce the spread or transaction cost paid by a user on every trade, win or a loss. IC Markets rebate payment will be offered in 3 forms including spread and commission reductions, daily trading account deposits, and monthly cash payments via bank wire, Paypal, Skrill, and others.

IC Markets Cash Back Rebates – How does it work?
Traders who choose to open an account with or switch to IC Markets will get Forex rebates for every trade placed. This can be done via the referral link provided.

IC Markets Pros and Cons
| ✅ Pros | ❎ Cons |
| Low Forex Fees | Limited Product Selection |
| Easy Account Opening | Slow Chat Response |

Oanda
Oanda is a trusted global brand that offers access to a wide range of financial services plus high-quality and easy-to-use trading platforms.
Oanda Overview
| ? Broker | ? Oanda |
| ? Min. Deposit | $0 USD |
| ? Demo Account | ✅ Yes |
| 4️⃣ MetaTrader4 | ✅ Yes |
| ⛔ Stop Loss | ✅ Yes |
| ? Open an Account | ? Click Here |

Oanda Cash Back Rebates
Oanda Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
| ? Range of Markets | ? MT4 | ? fxTrade |
| ? Forex | $1 per Lot per 100 K USD (paid at %0.50 per side) | $1 per Lot per 100 K USD (paid at %0.50 per side) |
| ? Payments Options | Monthly Cash Back | Monthly Cash Back |
| ? Get Cash Back | ? Click Here | ? Click Here |
Oanda Forex Rebates are paid per side and new accounts can not be opened by Canadian Residents. Oanda will not pay rebates on Premium Accounts.

Oanda Cash Back Rebates – Overview
Oanda has upgraded its advanced trader program to include cash rebates. Oanda clients can now stand to earn up to USD15 per million based on their deposits and monthly trading volumes. As an alternative, the traders have the choice to opt into Oanda’s core pricing model and choose to reduce their commission fees by up to $15 USD per million instead.

Oanda Cash Back Rebates – How does it work?
In order to qualify for the Oanda advanced trader program an online form must be completed. Once this has been done, the trader must deposit a minimum of US$10,000 into their Oanda account and trade more than US$10 million in monthly volume (to qualify for rebates).

Oanda Pros and Cons
| ✔️ Pros | ❌ Cons |
| Easy and quick digital account opening | Only FX and CFDs |
| Low Forex Fees | High withdrawal fees for bank transfers |
| Web trading platform is easy to use | Poor customer service |
| No withdrawal fees in most cases | ID verification can slow down account opening |

Pepperstone
Pepperstone was founded in 2010 in Melbourne, Australia, and processes an average of US$12.55bn of trades every day. Pepperstone is one of the world’s largest forex brokers and is trusted by over 300,000 traders around the world.
Pepperstone Overview
| ? Broker | ? Pepperstone |
| ? Regulation | FCA, ASIC and AFSL |
| ?AFSL No | 414530 |
| ?FCA no | 684312 |
| ? Demo Account | ☑️ Yes |
| ? Minimum Deposit | $10 USD |
| ? Bonus | No |
| ☪️ Islamic account | ✅ Yes |
| ? Institutional Accounts | ☑️ Yes |
| ? Managed Accounts | ✅ Yes |
| ? Maximum Leverage | 1:200 |
| ? Open an Account | ? Click Here |

Pepperstone Cash Back Rebates
Pepperstone Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
| ? Range of Markets | ? Edge Standard | ? Edge Razor |
| ? Forex | Monthly Cash Back 0.328 Pips FX Major 0.41 Pips FX Others or Paid Direct to Broker Account + Monthly Cash Back |
Monthly Cash Back 1.24 USD 1.15 AUD 0.86 EUR 0.76 GBP 1.09 CHF 1.15 CAD 1.50 SGD 1.57 NZD 9.29 HKD 100.14 JPY or Paid Direct to Broker Account + Monthly Cash Back |
| ? Other | No Rebates Paid | No Rebates Paid |
| ? Payment Options | ? Click Here | ? Click Here |
| ? Get Cash Back | ? Click Here | ? Click Here |
Commissions paid by Pepperstone are based on the account currency and the Rebate is converted to USD upon trade close. Pepperstone does not pay rebates to:
Pepperstone Rebates are not paid for:
- Accounts registered with: CySEC, German BaFin entities
- Residents of Japan, Mainland China, France, Belgium
- Islamic, Spread Betting, or Active Trader accounts
- EU and UK retail accounts

Pepperstone Cash Back Rebates – Overview
As a member of the Pepperstone active trader program users can earn forex cash rebates and save on trading commissions. The rebate amount will depend on how many standard lots the user trades each month.

Pepperstone Cash Back Rebates – How does it Work?
Pepperstone only pays rebates for Forex Trades. In order to remain an active member of the Pepperstone Rebates Program the traders must meet the volume requirements over a 3-month period. Interested parties can join the Pepperstone Cash Back Rebate program by contacting Pepperstone customer support.

Pepperstone Pros and Cons
| ✅ Pros | ❎ Cons |
| Fast Account Opening | Mostly CFDs Offered |
| Excellent Customer Support | Basic MetaTrader Platform |

ThinkMarkets
ThinkMarkets is a premium multi-asset online brokerage that offers access to 4,000 products, low spreads across multiple markets, and an award-winning platform.
ThinkMarkets Overview
| ? Broker | ? ThinkMarkets |
| ? Minimum Deposit | $0 USD |
| ? Demo Account | ✅ Yes |
| ☪️ Islamic Account | On Request |
| ? Joint Account | On Request |
| 4️⃣ MetaTrader4 | ✅ Yes |
| ? Live Support | ✅ Yes |
| ? Commission | Variable |
| ? Spreads from | 0 Pips |
| ? Leverage | 500:1 |
| ? Max Trade Size | 50 – 100 Lots |
| ❤️ Account Manager | Selected Accounts |
| ? ThinkTrader®️ | ✅ Yes |
| ? Open an Account | ? Click Here |

ThinkMarkets Cash Back Rebates
ThinkMarkets Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
| ? Range of Markets | ? Standard | ? ThinkZero | ? Standard ThinkTrader |
| ? Forex | $4.51 per Lot | $1.88 per Lot | $3.53 per Lot |
| ? Oil / Energies | Up to $2.0617 per lot | Up to $2.0617 per lot | Up to $2.0617 per lot |
| ⚙️ Metals | XAUUSD $5.15 per Lot XAUUSDmini $0.51 per Lot XAGUSD $28.99 per Lot XAGUSDmini $2.899 per Lot |
Gold $0.625 per Lot Silver $3.125 per Lot |
XAUUSD $5.15 per Lot XAUUSDmini $0.515 per Lot XAGUSD $28.99 per Lot XAGUSDmini $2.899 per Lot |
| ? Indices | Up to $2.0617 per lot | Up to $2.0617 per lot | Up to $2.0617 per lot |
| ? Cryptocurrencies | Up to $5.66 per lot contract | Up to $5.51 per lot contract | Up to $5.66 per lot contract |
| ? Payment Options | Monthly Cash Back – Real Time Reports | Monthly Cash Back – Real Time Reports | Monthly Cash Back – Real Time Reports |
| ? Get Cash Back | ? Click Here | ? Click Here | ? Click Here |
Cryptos are not available under the FCA entity and ThinkMarkets no longer accepts Australian clients.

ThinkMarkets Cash Back Rebates – Overview
ThinkMarkets Forex rebates reduce the spread or transaction cost paid by a trader on every trade. Rebates paid by ThinkMarkets are offered in 3 forms – spread and commission reductions, daily trading account deposits, and monthly cash payments via bank wire, Paypal, Skrill, and others.

ThinkMarkets Cash Back Rebates – How does it work?
When a trader chooses to link their new or existing ThinkMarkets trading account via the referral link, the broker will pay the referring site a volume-based commission for every trade placed. This in turn will be paid back to the client in part.

ThinkMarkets Pros and Cons
| ✔️ Pros | ❌ Cons |
| Well-regulated Forex broker | Currency conversion fees will apply for some deposits |
| The broker offers tight spreads across all of its asset classes | Commissions charged on the ThinkZero Account |
Best Forex Trading Strategy for 2023
One of the best forex rebate trading strategies is to trade with a broker that offers rebates on a wide range of instruments and with no minimum trading requirements. This allows traders to earn rebates on their trades regardless of the size of the trade or the type of instrument they are trading.
Another strategy is to focus on trading instruments that offer higher rebates. For example, some brokers may offer higher rebates on certain currency pairs or certain types of trades, such as options or futures. By focusing on these instruments, traders can maximize the number of rebates they earn according to tradingrebates.com
Traders can also consider using a forex rebate service, which acts as an intermediary between the broker and the trader and can help to maximize the rebates earned.
It is important to keep in mind that while forex rebates can be a useful tool for traders, they should not be the sole focus of a trading strategy. It is important to have a well-rounded and disciplined approach to trading, including considering factors such as market conditions, risk management, and trade size.
Conclusion
? Now it is your turn to participate:
➡️ Which Forex Broker with Cash Back Rebates from this list do you intend to test out?
➡️ What was the determining factor in your decision to engage with a certain broker?
➡️ Was it because of the Cash Back Rebates or the Pros and Cons?
? Regardless, please share your thoughts in the comments below.
You might also like: AvaTrade Review
You might also like: Exness Review
You might also like: HF Markets Review
You might also like: Tickmill Review
You might also like: XM Review
Disclaimer
Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the initial deposit of the trader. Traders need to ensure that they understand their risk exposure and determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital.
Comparison table vs other cashback providers
| ? Broker | ? Exness | ? Avatrade | ? HF Markets | ? Tickmill | ? XM | ? RoboForex | ? IC Markets |
| ?OUR OFFER | |||||||
| 1️⃣ CashbackForex.com | 20% of the Spread | 20% Of The Spread | $4.00 Per Lot | $7.75 Per Lot | $5.5 Per Lot | 20% of the Broker Revenue | 0.20 – 0.30 Pips |
| 2️⃣ FXRebate.eu | 25% of the Spread | 60% of pip value | $7.75 Per Lot | 30.00% of paid spread | $3 per Lot | ||
| 3️⃣ PaybackFX | Up to $6.19 | 30% Of the Spread | $4.5 Round Turn Lot | $1.5 Round Turn Lot + 5% Commission Reduction | Up to $18.75 Round Turn Lot | 37.5% of broker’s Commissions | Up to 0.409 Pips / Round Turn Lot |
| 4️⃣ Forexsuggest.com | |||||||
| 5️⃣ Premiumtrading.co | 32% of the Spread | 28% of the Spread | $6.40 per Lot | $8 per lot | $8 per lot | 48% of Broker Revenue | $4.00 per lot |
| 6️⃣ Rebatekingfx | 32% of the Spread | 31% of the Spread | $6.80 per Lot | $8.50 USD per Lot / 0-100 Lots $8.70 per Lot / 100 – 500 lots $9.00 per Lot / 500 Lots + |
0 – 90 Lots $9.00 per Lot 90 – 180 Lots $9.15 per Lot 180 Lots + $9.30 per Lots |
48% of the Broker Revenue | 48% of the Broker Revenue |
To find the best forex rebate for you, it is important to consider the following factors:
- The broker’s reputation and reliability: Choose a reputable and trustworthy broker to ensure that you are getting a fair and transparent deal.
- The size of the rebate: Look for a broker that offers a competitive rebate, as this can significantly reduce your trading costs.
- The terms and conditions of the rebate: Make sure to read the fine print and understand any restrictions or limitations on the rebate, such as minimum trade volumes or expiration dates.
- Other trading conditions: Consider the broker’s spreads, commissions, and other trading conditions, as these can also affect your overall trading costs.
It is also important to note that while forex rebates can be a useful tool for reducing trading costs, they should not be the only factor considered when choosing a broker. It is important to carefully research and compares brokers to find the one that best meets your needs and trading style.
Pros:
- Forex rebates can provide a convenient way for traders to earn back a portion of the trading fees that they incur.
- Rebates can help to offset some of the costs associated with trading, such as spreads and commissions.
- Rebates can be a useful tool for traders who are looking to maximize their profits.
Cons:
- Some forex brokers may not offer rebates, which can limit a trader’s options.
- Rebates may not be available on all types of trades or may only be offered on certain instruments.
- Some brokers may only offer rebates to certain types of traders, such as those with high volume or a certain level of activity.
- Rebates may be subject to terms and conditions, such as minimum trading requirements or expiration dates, which could impact a trader’s ability to earn them.
Frequently Asked Questions
What are forex rebates?
A Forex Rebate is a small deduction from an amount to be paid or the return of a part of an amount given in payment.
How does the SA Shares cashback rebate work?
SA Shares makes multiple affiliate links available to users who which to open an account or transfer an existing account to a Forex Broker who offers Cash Back Rebates. By using the affiliate link and following the steps set by the chosen broker, the user will qualify for Cash Rebates.
How can I promote brokers to make rebate affiliate commissions?
Most Forex Brokers will make a Partnership or Affiliate option available in the form of an Introducing Broker program. An IB will receive a referral link that can be shared with family, friends, and potential traders in order to earn rebates.
Which forex brokers give forex rebates?
Aside from the top 10 Forex Brokers with Rebate Programs listed in this article, a large number of additional service providers will make rebate programs available. In order to select the best rebate offer, traders must compare Forex Brokers and consider factors such as rebate amounts paid to traders, rebate per lot, pip rebate and to see how much rebate can be earned via a Rebate Calculator.
Which forex broker gives the highest cashback rebates?
According to research, Exness offers the highest Cash Back Rebate.
Which forex rebate trading strategy is the best for beginners?
The best Forex Rebate Trading Strategy for Beginners is to select a Broker that not only offers a profitable rebate program but also makes account options available that only require a minimal first deposit.
I’m an existing Forex trader, how can I transfer my account to earn rebates?
Each Broker will have its own method of Transfer. Once a new Broker with Rebate Options is selected, customer support can be contacted in order to assist.
Featured SA Shares Writer and Forex Analyst.