Overall, FXTM offers cashback Forex rebates of between $5 per lot and 25% back on commissions paid on the Micro, Advantage, and Advantage Plus accounts as follows:
| 💰 FXTM Cashback Forex Rebates | 📊 Micro | 📊 Advantage | 📊 Advantage Plus |
| ℹ️ Forex | $5 per lot traded | 25% of commissions paid | $5 per lot traded |
| ℹ️ Indices | $5 per lot traded | 25% of commissions paid | $5 per lot traded |
| ℹ️ Precious Metals | $5 per lot traded | 25% of commissions paid | $5 per lot traded |
| ℹ️ Shares | 10% of the spread | 10% of the spread | |
| ℹ️ Soft commodities | $5 per lot traded | 25% of commissions paid | $5 per lot traded |
| ℹ️ Spot indices | 10% of commissions paid | ||
| ℹ️ Payment Frequency | FXTM pays cashback Forex rebates monthly monthly | FXTM pays cashback Forex rebates monthly | FXTM pays cashback Forex rebates monthly |
A Quick Overview of our FXTM Cashback Forex Rebates Review:
☑️ FXTM Rebates System Overview
☑️ FXTM Rebates Payments
☑️ FXTM Conditions and Notes on Forex Rebates
☑️ How to Open a Forex Cashback Account with FXTM (via SAShares)
☑️ FXTM Forex Rebates Frequently asked questions
FXTM Rebates System Overview
| ℹ️ FXTM Rebates System Overview | 📊 Level 1 | 📊 Level 2 | 📊 Level 3 | 📊 Level 4 | 📊 Level 5 |
| ✅ Ned Deposit(s) | From $1 – $15,000 | From $15,001 to $30,000 | From $30,001 to $60,000 | From $60,001 to $120,000 | From $120,001 and more |
| ✅ Rebate per completed lot traded | $2 | $3 | $4 | $5 | $5 |
| ✅ Frequency of rebate transfer to trader account | Mondays after lots have been calculated | Mondays after lots have been calculated | Mondays after lots have been calculated | Mondays after lots have been calculated | Mondays after lots have been calculated |
| ✅ Maximum
Pay-Out |
$500 | $1,500 | $3,000 | $5,000 | $10,000 |
| ✅ FXTM Upgrade or Downgrade | Automatically | Automatically | Automatically | Automatically | Automatically |
The rebates that traders can expect from FXTM depend on their net deposits made within 6 months after signing up for the rebates program. There are 5 levels that South Africans could be eligible for as follows:
Furthermore, the maximum pay-out of any level that has been upgraded includes the Maximum Pay-outs of all levels below it. Therefore, the Maximum Pay-out or total entitlement cannot exceed $10,000 under the current Loyalty Terms and Conditions.
When the Confirmed Level Period concludes, the client’s current level will be reviewed, upgraded, or downgraded based on the rules outlined below and their Maximum Available Rebate Level.
The Client must always adhere to the following two rules to maintain their Level as indicated in the table above:
| ℹ️ FXTM Deposit rules | ℹ️ FXTM Trade rules |
| ✅ During the Confirmed Level Period, the Client must make a deposit equal to or greater than the Minimum Trading Account Activation Deposit. | ✅ During the Confirmed Level Period, the Client must execute the following number of trades:
Level 1: 1 < Lots <30 Level 2: 30 < lots <=60 Level 3: 60 < lots <=120 Level 4: 120< lots <=200 Level 5: >200 |
| ✅ In addition, it is understood that all subsequent deposits made during the specific Confirmed Level Period will be considered. Deposits will be reflected in the currency of the trading account. | |
| ✅ At the time of deposit, the trading account currency will be recalculated. |
In addition, FXTM will downgrade the Client by one (1) level at the end of the period if they violate any of the Rules. The Client’s trading balance and Net Deposit will remain unchanged.
Furthermore, with SA Shares, South Africans can register an account with FXTM 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.
FXTM Rebates Payments
Like most forex rebate brokers, FXTM pays rebates monthly by the 12th, and the funds are credited and automatically sent to the accounts of eligible traders. Rebates paid are typically accumulated between the first and last day of the previous month.
Furthermore, FXTM uses flexible payment methods to pay rebates, including Credit/Debit Cards, International Transfers, Electronic Payment Gateways, Bank Wire, and more.
FXTM Conditions and Notes on Forex Rebates
FXTM does not pay rebates on the following:
| ✅ Positions that were kept open for less than a minute. |
| ✅ Trades using the FXTM stocks account. |
| ✅ Accounts that were registered through CySEC or FSCA. |
How to Open a Forex Cashback Account with FXTM (via SAShares)
You can follow these steps to register for a Forex Cashback Account with FXTM via SAShares.
New Accounts
If you do not have an existing account with FXTM, you can easily obtain a cashback rebate in three easy steps.
Step 1
Visit the FXTM website and click “Open Account.”
Step 2
Submit your Trading ID to us: [SAShares]
For Example:
To: [SAShares]
Subject: New FXTM Rebate Application
“Dear SAShares Team,
Please view my FXTM 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 FXTM system.
Existing Accounts
If you have an existing FXTM account, you can get a cashback rebate by following these easy steps.
Step 1
Send an email to FXTM: [email protected]forextime.live
Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]
For Example:
To: [SAShares]
Subject: Account Transfer Request
“Dear FXTM 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 mentioned IB regardless of whether my account falls under an umbrella or parent IB.”
Step 2
Once you receive confirmation of the transfer from FXTM, 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 FXTM Rebate Application
“Dear SAShares Team,
Please view my FXTM Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.
FXTM Forex Rebates Frequently asked questions
What are FXTM Forex rebates?
FXTM Forex rebates is a program offered by FXTM, a leading forex broker, that allows traders to receive a portion of their spread back as a rebate. This program is designed to provide traders with additional income and improve their trading experience.
How do I qualify for FXTM Forex rebates?
To qualify for FXTM Forex rebates, you need to have an active trading account with FXTM and make trades in the forex market. The amount of rebate you receive depends on the type of trading account you have, the volume of trades you make, and other factors.
How do I receive my FXTM Forex rebates?
FXTM Forex rebates are credited directly to your trading account. They can offset future trading costs or be withdrawn as additional income. The rebate amount is determined daily and will be credited to your account at the end of each trading day.
Are there any fees associated with FXTM Forex rebates?
No, there are no fees associated with FXTM Forex rebates.
Are FXTM Forex rebates available for all types of trading accounts?
FXTM Forex rebates are available for all trading accounts, including Micro, Advantage, and Advantage Plus Accounts.
How often do I receive my FXTM Forex rebates?
FXTM Forex rebates are credited to your account daily so you will receive your rebates every day. The amount of rebate you receive will depend on your trading activity and your account type.
Featured SA Shares Writer and Forex Analyst.
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