Overall, Avatrade offers cashback Forex rebates on the Retail account of up to 30% or 0.35 pips per standard lot traded on MetaTrader 4.
Avatrade Cashback Forex Rebates – Key Point Quick Overview
AvaTrade Rebates System Overview
AvaTrade Forex Rebates are heavily dependent on your trading volume. Therefore, the greater your trading volume, the greater your cashback.
Your AvaTrade cashback is displayed in real time on your dashboard, and you will receive monthly rebates. SA Shares offers the best AvaTrade cashback service, beginning with the level of cashback and ending with customer service.
Furthermore, with SA Shares, South Africans can register an account with AvaTrade to earn up to 30% in rebates according to the financial instrument they trade and the account type they use when participating in the rebates program.
AvaTrade Rebates Payments
AvaTrade pays rebates monthly via numerous flexible payment methods, including:
Moreover, AvaTrade will take all reasonable steps to ensure that there is no delay in payment.
AvaTrade Conditions and Notes on Forex Rebates
AvaTrade will only pay commissions on transactions that exceed a certain threshold, which is higher than any bonus amount received. Furthermore:
- Rebates do not apply to margins that are funded by bonuses.
- Specific countries are not eligible for rebates, including the European Union, New Zealand, Israel, and Hong Kong residents.
- Additionally, traders residing in Japan FSA and Israel ISA are not eligible.
South Africans can earn or receive rebates on a portion of the transaction costs incurred with each transaction, resulting in tighter spreads and a higher win rate for traders.
How to Open a Forex Cashback Account with AvaTrade in South Africa (via SAShares)
You can follow these steps to register for a Forex Cashback Account with AvaTrade via SAShares.
New Accounts
If you do not have an existing account with AvaTrade, you can easily obtain a cashback rebate in three easy steps.
Step 1: Visit the AvaTrade website and click “Open Account.”
Step 2: Submit your Trading ID to us: [SAShares]
For Example:
To: [SAShares]
Subject: New AvaTrade Rebate Application
“Dear SAShares Team,
Please view my AvaTrade Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”
Step 3:
Wait for approval, which will be sent within [number of hours]. Once approval is given, you will automatically receive your cashback rebates from the AvaTrade system.
Existing Accounts
If you have an existing AvaTrade account, you can get a cashback rebate by following these easy steps.
Step 1: Send an email to AvaTrade: cs@avatrade.com and request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]
For Example:
To: [SAShares]
Subject: Account Transfer Request
“Dear AvaTrade Partner/Affiliate Team,
I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under the mentioned IB regardless of whether my account falls under an umbrella or parent IB.”
Step 2: Once you receive confirmation of the transfer from AvaTrade, you can create an additional trading account.
Step 3: Lastly, you can send your Trading or Client ID to [SAShares].
For Example:
To: [SAShares]
Subject: New AvaTrade Rebate Application
“Dear SAShares Team,
Please view my AvaTrade Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.
In Conclusion
Avatrade offers cashback Forex rebates on the Retail account of up to 30% or 0.35 pips per standard lot traded on MetaTrader 4. Moreover, the process of registering a cashback account via SaShares in South Africa is a simple three-step process.
Our Insights
Registering an AvaTrade Forex Cashback account is straightforward. Moreover, a dedicated team from SaShares is ready to assist with the process.
You might also like:
Frequently Asked Questions
What is the AvaTrade partnership program?
The AvaTrade partnership program is a program that allows individuals to refer clients to AvaTrade and earn commissions on their referred clients’ trades.
How do I become an AvaTrade partner?
To become an AvaTrade partner, you must sign up for the partnership program on the AvaTrade website. Once approved, you will receive a referral link that you can use to refer clients to AvaTrade.
What are AvaTrade cashback forex rebates?
AvaTrade cashback forex rebates are incentives provided to traders for every trade they make. The rebates are a percentage of the spreads or commissions paid on the trades.
How do I receive AvaTrade cashback forex rebates?
To receive cashback forex rebates, you must sign up for a rebate program partnered with AvaTrade. Once you sign up, you can link your AvaTrade account to the rebate program, and the rebates will be automatically credited to your account.
How much can I earn from the AvaTrade partnership program and cashback forex rebates?
The amount you can earn from the partnership program and cashback forex rebates depends on various factors, including the number of clients referred, the trades made by the clients, and the rebate percentage.
Typically, AvaTrade pays up to 30% of the spread on MT4 and up to 0.35 pip rebates. However, with SA Shares, you could earn up to 30%.
Are the AvaTrade partnership program and cashback forex rebates available in all countries?
The AvaTrade partnership program and cashback forex rebates are available in most countries. However, there may be some restrictions based on local regulations.
How do I get my AvaTrade bonus?
AvaTrade offers welcome bonuses to new clients, but the account must be funded and fully verified to receive the bonuses. In addition, you must complete the required trading volume within six months of depositing to withdraw the bonus.
How trustworthy is AvaTrade?
With a Trust Score of 93 out of 99, AvaTrade is regarded as a low-risk and highly reputable organization.
How long do AvaTrade withdrawals take?
A withdrawal request is processed within 24 to 48 hours if the account verification process has been completed and approved by AvaTrade.
The withdrawal procedure applies to credit cards, debit cards, and electronic money. Furthermore, with wire transfers, for instance, the funds may not appear in your account for up to ten business days.
How much should I invest in AvaTrade?
The minimum you can invest with AvaTrade is 100 USD / 1852.55 ZAR. How much you invest will depend on your strategy, risk tolerance, and risk management strategy, among other factors.
Featured SA Shares Writer and Forex Analyst.
Discussion about this post