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Home Africa

RoboForex Cashback Forex Rebates ☑️ (Updated 2023*)

by Theinsightpost
February 15, 2023
in Africa
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RoboForex Cashback Forex Rebates ☑️ (Updated 2023*)


Overall, RoboForex offers cashback Forex rebates of up to 20% across all trading accounts, including the ProCent, Pro, ECN, RTrader, and Prime Accounts as follows.

 

? RoboForex Cashback Forex Rebates ? ProCent account ? Pro account ? ECN account ? RTrader account ? Prime account
ℹ️ Forex 20% of Broker Revenue 20% of Broker Revenue 20% of Broker Revenue 20% of Broker Revenue 10% of Broker Revenue
ℹ️ Indices 20% of Broker Revenue 20% of Broker Revenue 20% of Broker Revenue 10% of Broker Revenue
ℹ️ Cryptocurrency 16.67% of Broker Revenue 16.67% of Broker Revenue 16.67% of Broker Revenue 8.33% of Broker Revenue 10% of Broker Revenue
ℹ️ Precious Metals 20% of Broker Revenue 20% of Broker Revenue 20% of Broker Revenue 20% of Broker Revenue 10% of Broker Revenue
ℹ️ Energies 20% of Broker Revenue 20% of Broker Revenue 20% of Broker Revenue 10% of Broker Revenue
ℹ️ Shares 20% of Broker Revenue 20% of Broker Revenue 10% of Broker Revenue
ℹ️ ETFs 20% of Broker Revenue
ℹ️ Payment Frequency RoboForex pays rebates directly to the broker account daily

Payments are made monthly for previous rebates earned

RoboForex pays rebates directly to the broker account daily

Payments are made monthly for previous rebates earned

RoboForex pays rebates directly to the broker account daily

Payments are made monthly for previous rebates earned

RoboForex pays rebates directly to the broker account daily

Payments are made monthly for previous rebates earned

RoboForex pays rebates directly to the broker account daily

Payments are made monthly for previous rebates earned

 

A Quick Overview of our RoboForex Cashback Forex Rebates Review:

 

☑️ RoboForex Rebates System Overview

☑️ RoboForex Rebates Payments

☑️ RoboForex Conditions and Notes on Forex Rebates

☑️ How to Open a Forex Cashback Account with RoboForex (via SAShares)

☑️ RoboForex Forex Rebates frequently asked questions

 

RoboForex Rebates System Overview

 

You can get Rebates each month based on the volume of closed positions in your account. Rebates for forex trading are available on all account types offered on MT4, MT5, and cTrader platforms.

In addition, these rebates are not bonus funds, so you can use them as you see fit without any restrictions.

 

RoboForex’s rebates, according to trading volume, are as follows:

 

? RoboForex Account Types ? Calculation ? 10 – 1,000 lots traded ? 1,000 – 3,000 lots traded ? More than 3,000 lots traded
ℹ️ ProCent % Of the Broker’s revenue 5% 10% 15%
ℹ️ Pro % Of the Broker’s revenue 5% 10% 15%
ℹ️ ECN % Commission 5% 10% 15%
ℹ️ Prime % Commission 5% 7% 10%

 

South Africans participating in RoboForex rebates using the ProCent account must note that pay-outs are ten times less than other accounts because ProCent is denominated in US Cents.

With SA Shares, for instance, South Africans can register an account with RoboForex 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.

 

RoboForex Rebates Payments

 

RoboForex pays cashback Forex rebates directly to broker accounts daily. In addition, a monthly payment is credited and automatically sent every 12th day of the month for rebates collected during the first and last day of the previous month.

 

RoboForex Conditions and Notes on Forex Rebates

 

✅ Before rebates are credited to the account, the broker must verify each card used for a deposit transaction.
✅ The broker’s Cent Affiliate, Pro Affiliate, and ECN Affiliate accounts contain intentionally inflated spread values and transaction commissions. Therefore, these accounts violate the no-markup policy and will be verified only at your request.
✅ Permanently operational and accessible through demo, cent, standard, ECN, and prime accounts.
✅ The program is accessible to all clients who have passed a thorough screening. However, traders must note that RoboForex reserves the right to deny cashback payouts without providing a primary reason or notice.
✅ The monthly trading volume of Currency pairs and Metals is used to calculate rebates (the trading volume of CFDs is not considered).
✅ The pay-outs occur on the first of every month as a balance operation with the notation “Rebates” in the account history.
✅ In the Members Area, on the “Your Rebates” page, traders can find detailed statistics on the trading volume.

 

How to Open a Forex Cashback Account with RoboForex (via SAShares)

 

You can follow these steps to register for a Forex Cashback Account with RoboForex via SAShares.

 

New Accounts

 

 

If you do not have an existing account with RoboForex, you can easily obtain a cashback rebate in three easy steps.

 

Step 1

 

Visit the RoboForex website and click “Open Account.”

 

Step 2

 

Submit your Trading ID to us: [SAShares]

 

For Example:

 

To: [SAShares]

Subject: New RoboForex Rebate Application

“Dear SAShares Team,

Please view my RoboForex 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 RoboForex system.

 

Existing Accounts

 

RoboForex cashback rebate existing customer

 

If you have an existing RoboForex account, you can get a cashback rebate by following these easy steps.

 

Step 1

 

Send an email to RoboForex: [email protected]

Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]

 

For Example:

 

To: [SAShares]

Subject: Account Transfer Request

“Dear RoboForex 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 RoboForex, 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 RoboForex Rebate Application

“Dear SAShares Team,

Please view my RoboForex Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.

 

RoboForex Forex Rebates frequently asked questions

 

Does RoboForex pay rebates?

RoboForex pays up to 20% rebates on the ProCent, Pro, ECN, and RTrader accounts and up to 10% on the Prime Account.

 

Is RoboForex regulated in South Africa?

RoboForex is only regulated in Belize by the International Financial Services Commission (IFSC).

 

How does the RoboForex bonus work?

Once you have registered a live trading account and made a 10 USD / 170 ZAR deposit, you will be eligible for the sign-up bonus of $30.

 

How long does a RoboForex withdrawal take?

RoboForex takes two business days to process withdrawal applications. However, it could take longer for the funds to reflect in the trader’s account, depending on their chosen payment method.

 

Is RoboForex a legit rebates provider?

Yes, RoboForex is a legit broker that provides a rebates program.

 

On which RoboForex Account types can I earn rebates?

You can earn rebates on the ProCent, Pro, ECN, and Prime RoboForex accounts.

 

Does the RoboForex spread increase when I participate in the rebates program?

RoboForex does not increase spreads when you participate in the rebates program.

 

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.





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