Do not invest more money than you can afford to lose.
Offshore forex broker Forex4you has partnered with rebate website PayBackFX and now its clients can get cash back fore each trade they make.
The website offers Forex4you rebates of up to 48.75% of the spread of commission, depending on the type of trading account they use. Following are details about the rebates that clients of the broker can benefit from:
Forex4you is a brand of E-Global Trade & Finance Group Inc. The company is based in the British Virgin Islands and is licensed by the local financial regulator, the Financial Services Commission (FSC). Forex4you’s clients can choose between Cent, Classic, and Pro demo and live trading accounts, as well as automated trading via PAMM accounts. It only provides services based on the MetaTrader 4 (MT4) forex trading platform.
PayBackFX, which was launched mid-February 2016, js a project of UK forex analytical tools provider Myfxbook. The website receives a pre-determined commission from partner-brokers, part of which it later re-directs to traders, so that they have an incentive to use the service. The amount received differs, depending on the choice of broker, trading account and instrument. The rebates currently vary from fixed amounts in currencies, to pips, to percentage of spreads or commissions.
A total of 26 forex brokers use the services provided by PayBackFX. In addition to Forex4you, the other brokers that have partnered with the website are TradeView Forex, Fidelis Capital Markets Cyprus, Oanda Europe, FXOpen, NoaFX, FxPro, FXPrimus, Exness, FxGrow, Traders Trust, Pepperstone, Mayzus, MaxFX, Solidary Markets FX, Vantage FX, TradingForex, GBE Brokers, GKFX, RoboForex, FIBO Group, ThinkForex, IC Markets, AxiTrader, XM, and Tickmill.
Other forex rebate websites are CashBackForex.com, ForexCashbackRebate.com,ForexBrokerCashBack.com, and FXRebateGurus.com.