When you open your Forex trading account (or connect an existing one) through us, your broker pays us a rebate for every trade. We then pay you back the majority of this rebate which you can withdraw at any time. Keep in mind that your trading conditions (including spreads) remain exactly the same as if you had opened the account directly with the broker, so in effect, youre reducing trading costs and improving profitability.
Forex cashback is a system of returning a part of the spread or commission for trading operations on the Forex market. The principle of operation is similar to the usual cashback, which many people use in online stores, but in this case it is applied to trading currency pairs.
Let’s assume a trader executes the following trades in a month:
| Trade | Lots Traded | Commision/Spread per 1 lot |
Your Commission/Spread |
Cashback Rate | Cashback earned |
|---|---|---|---|---|---|
| Trade 1 | 1 | $10 | $10 | 20% | $2 |
| Trade 2 | 2 | $10 | $20 | 20% | $4 |
| Trade 3 | 0.5 | $10 | $5 | 20% | $1 |
| Trade 4 | 3 | $10 | $30 | 20% | $6 |
Total Cashback Earned: 2+4+1+6= $13
In this example, the trader paid a total of $65 in commissions but received $13 back as cashback, effectively reducing their trading costs.
Forex cashback is an effective way to optimize trading costs and increase the profitability of your operations on the foreign exchange market. Even minimal returns on frequent trades can significantly affect the overall financial result. It is a profitable tool for traders, which is worth using for everyone who seeks to improve their results and reduce costs.
Cashback
You already have a trading account
If the trading account you wish to assign to our partner group was opened previously, you need to submit a request to your broker. An example letter is provided below. Please note that the transfer of an account to our partner group is at the sole discretion of the broker.
Once your trading account has been transferred to our partner group, please notify us by emailing support@globegain.com. This notification is necessary to expedite the approval of the invoice in our system.
Sign up for a new account
If the broker’s decision is negative, you can open a new trading account using our partner link or our partner code.
Send email to:
Dear Sirs,
Please place my account xxxxxxxxxxx under IB 162122.
Kind regards,
John Brown
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I've been using this platform for a while and it's become a reliable part of my trading routine. The selection of brokers is impressive and the support team is prompt without being pushy. It's a simple, no-nonsense service that works as it should.
I've tried a few forex rebate services over the years, and this one stands out for its efficiency. The rebates add up nicely, and I’ve never experienced delays or complications with withdrawals. It’s a practical tool for anyone in the market.
What I like most about this service is its consistency. The rebates are high, the processing is fast, and the site supports several languages, which is great for me. It feels like a well-run service without all the extra fuss.
This service offers a solid mix of high rebate rates and swift processing. I’ve had only positive experiences when dealing with their support team, which is friendly yet professional. It’s exactly what I need to keep my trading costs in check.
I appreciate that this platform cuts through the hype. The interface is user-friendly and it’s very transparent about how it works. The rebates really help reduce my trading expenses, and knowing I have a wide choice of brokers adds a lot of value.
Sign up, link your trading account with a partnered broker, and trade as usual—rebates are credited automatically to your MyGlobe account.
GlobeGain partners with more than 50 forex brokers. To learn the full list click Broker's sections.
No, the service is completely free for traders.
Rebates are usually processed daily, weekly or monthly, depending on the broker.
Our service offer over 6 payment systems so far.
In most cases, you need to open a new account through GlobeGain, but some brokers allow linking existing accounts.
No, your spreads, commissions, and trading conditions remain the same.
Contact GlobeGain support with your trade details for assistance.
Yes, GlobeGain works only with regulated brokers and ensures secure transactions.
As a forex trader, I really appreciate how straightforward this rebate service is. The website is easy to navigate, and my withdrawal requests are processed quickly. The high rebate rates make a real difference over time.