I've been trading fx for a few years now and as my foreign exchange trading volumes have increased so to have my trading expenses in the form of commissions. Someone said on the internet that you're able to earn forex broker rebates from your trading commissions so I asked my broker if I was entitled to this, they said no. I came across a really great deal online so I wanted to share my experience with you.
After I found out that forex cash back programs existed I asked my broker if I was eligible for a commission discount or kickback for my trades, thankfully for me they said no. I've since left this broker and will by no means look back! At this stage I started hunting the net for the top forex rebate programs.
I started searching the internet for the right forex rebate program. I imagined locating the best rebate offer would be easy but most of the forex rebate providers didn't offer great deals using the brokers I was considering. It appeared as though the worst forex brokers with the widest spreads were given preferential treatment, I imagine this is because they paid the forex rebate provider a greater commission. The offers with ECN brokers were limited additionally, the commission weren't as appealing as I was hoping.
By browsing all the major forex cash back sites and a few of the other online foreign exchange internet sites I discovered IC Markets. I opened a test account with them and was shocked by the tight spreads and fair commissions. I was often watching EURUSD at 0.0 pips which is by far the best I have seen. Then I decided I wanted to open up an True ECN trading account with IC Markets and so I commenced searching for the best forex cash back offer.
I searched for "highest IC Markets Rebate" and found a specialist forex rebate provider for IC Markets. I browsed the site f of $7 for eor while and saw they had quite a few different payment options for the rebate and so I decided on the commission discount since it works far better with my trading system. They provided me a $1.50 commission discount off the standard commission chargevery round turn lot.
After I found out that forex cash back programs existed I asked my broker if I was eligible for a commission discount or kickback for my trades, thankfully for me they said no. I've since left this broker and will by no means look back! At this stage I started hunting the net for the top forex rebate programs.
I started searching the internet for the right forex rebate program. I imagined locating the best rebate offer would be easy but most of the forex rebate providers didn't offer great deals using the brokers I was considering. It appeared as though the worst forex brokers with the widest spreads were given preferential treatment, I imagine this is because they paid the forex rebate provider a greater commission. The offers with ECN brokers were limited additionally, the commission weren't as appealing as I was hoping.
By browsing all the major forex cash back sites and a few of the other online foreign exchange internet sites I discovered IC Markets. I opened a test account with them and was shocked by the tight spreads and fair commissions. I was often watching EURUSD at 0.0 pips which is by far the best I have seen. Then I decided I wanted to open up an True ECN trading account with IC Markets and so I commenced searching for the best forex cash back offer.
I searched for "highest IC Markets Rebate" and found a specialist forex rebate provider for IC Markets. I browsed the site f of $7 for eor while and saw they had quite a few different payment options for the rebate and so I decided on the commission discount since it works far better with my trading system. They provided me a $1.50 commission discount off the standard commission chargevery round turn lot.
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Overall I'm very happy with my decision to go with IC Markets Rebate as the service was fast and the commission discount agrees with my type of trading, I think they were the best forex rebate program on the internet when you compare the spread and commission charge with any other offer.
Such cashback programs helps a lot in saving money.
ReplyDeletecashback promotion helps a lot in promoting business.
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