Forex Cashback Rebates Bonus - 2021
Numerous Forex brokers offer a lot of promotions to traders. There a lot of bonuses like the Forex deposit bonus, No deposit bonus, and Forex welcome bonus, in those all of the bonuses there is a different type of bonus available.
The bonus is also known as a pip rebate or cash-back bonus. The bonus could be a fixed percentage or a fixed amount per lot of the money invested by traders from the broker. Forex traders will get a part of their investment through the cashback rebates.
This bonus is really a good option for a trader. This type of bonus never leaves traders with empty-handed, even, when they lose their money in trading. There are a lot of brokers in the market who wants a lot of trades from their traders. That's why forex brokers are offering rebates bonus.
The forex rebate bonus for traders is trade-based and depends on your trading activities. For instance, if imagine that, a forex broker offers a specific rate for each trade which is made by traders, you will be given back that rate after each trade.
On this occasion, if you are registered for a 30% rebate bonus with your broker, and you contribute $200, you'll get $60 back. Forex rebates also giving by brokers on your losing trades. For instance, a trader contributes $100 with a losing trade rebate bonus of 20%. And they lose, the $100 isn't completely gone, given that $20 will be added to traders account as 20% rebate bonus rules for trades.
It is also can be covered by a fixed-rate rebate bonus. Some of the brokers are providing $5/$10 per lot traded by a trader. If a trader wins him/she can receive $5 per lot while they lose they can receive $10 per lot trading from the broker.
Overall we can say that it’s a good bonus for traders, you should earn more money from brokers by activating this cashback bonus. Stay with Forexnewbonus.com to get more and the latest rebate promotions from brokers