What Are Forex Rebates? How the Money Flows and What You Really Save

A forex rebate is money paid back to you for every lot you trade, funded by the commission a broker pays the partner (introducing broker) who referred you. Your spread and commission stay the same; the rebate comes afterwards, so your net cost per lot falls. It rewards volume, not skill: a rebate lowers the cost of trades you would place anyway, but it cannot turn a losing strategy into a winning one.

Rebate, cashback, IB commission: three names, one flow of money

For the funding side in more detail, see Forex Cashback: Where the Money Comes From.

How brokers set the partner commission

The rebate you can get depends on how the broker pays its partners. The five brokers we cover use four different models:

XM also offers lot-rebate and revenue-share plans alongside CPA, so the plan a partner chose decides whether there is a per-lot amount to share.

The net cost formula, worked through

Every rebate comparison comes down to one line: Spread + Commission − Rebate = Net Cost per Lot. Take an Exness Standard account, EUR/USD, and an assumed 1.2 pip spread (an example, not a quote):

• Spread cost: 1.2 pips x $10 = $12.00 per lot, with no commission.
• Partner commission at the published maximum, if Exness's revenue on the lot were the full spread: 40% x $12.00 = $4.80.
• Your rebate if a provider passed on an example 75% share: $4.80 x 75% = $3.60.
• Net cost: $12.00 + $0.00 − $3.60 = $8.40 per lot.

That is 30% off the cost of each lot ($3.60 / $12.00 = 0.3). The partner rate is an "up to" figure, so the real amount depends on the account, your country and the partner's tier. Our forex commission comparison lays out commissions for all five brokers.

Why volume decides whether a rebate matters

The same $3.60 per lot is small for an occasional trader and large for an active one. At 20 lots a month the rebate is $3.60 x 20 = $72.00; at 200 lots it is $3.60 x 200 = $720.00.

The risk runs the other way too. Trading more lots to earn more rebate means paying more spread: each extra lot in this example still costs you $8.40 net. Rebates should follow your strategy, never drive it.

How you get a rebate

1. New account: register through the rebate provider's partner link, or type its partner code where the broker's form asks for one.
2. Existing account: some brokers let support move your account to a new partner, some do not. Ask the broker first.
3. Tell the provider your account number so it can match the commission the broker reports. Never share your password.
4. Get paid on the provider's schedule. The broker's partner schedule (Markets4you every 4 hours, XM daily) is not the schedule you are paid on.

Blocktechpro does not run a rebate program: we are a partner of the brokers we cover and keep our commission. Common questions are answered on our FAQ page.

Checks before you pick a rebate provider

• Does it state its share as a percentage of what it earns, and say that broker rates are maximums?
• Does it name the payout method, the schedule and where you see the volume each payment is based on?
• Does it leave your trading conditions untouched? A rebate should never come with a wider spread.
• Does it ask for your password or a deposit? If so, walk away.