FXDD Malta rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.
Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and FXDD Malta rebates truly reduce the costs of the transaction and improve their bottom line.
How do FXDD Malta rebates work?
When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.
Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2008, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.
Are FXDD Malta Rebates a scam; do my spreads increase?
FXDD Malta rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why it’s important to choose a reliable provider.
When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.
What is the best FXDD Malta rebate program?
The first forex rebate providers were Chinese and catered to Chinese clients. In 2006 the company ‘FX Rebates’ arrived on the scene out of the USA, offering forex rebates to a global clientele. In 2007 cashbackforex.com became the second global rebate provider and surged in popularity. ‘FX Rebates’ shortly thereafter either went out of business or stopped offering forex rebates. From 2007 onwards cashbackforex.com and it’s affiliates have been the dominant and largest rebate provider and one of the largest introducing brokers globally.
Many competitors have come online since 2007, some good and some bad. We have continued to improve our services along the way to stay ahead of the pack.
Are there any other benefits to signing up for FXDD Malta rebates?
It depends on the rebate provider. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.
How are forex rebates paid?
Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:
Forex rebate options vary per broker:
Monthly cash back
Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.
Spread or commission reduction
The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers.
Paid direct to brokerage account
Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers.
In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, Entropay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.
How much FXDD Malta rebates can I earn?
Use our forex rebate calculator to estimate your FXDD Malta rebate earnings:
Headquartered in Malta, FXDD is an emerging hub for foreign exchange trading and global finance. FXDD holds a category 3 financial services license issued by the Malta Financial Services Authority (MFSA IS/48817). It also complies with the European Markets in Financial Instruments Directive (MiFID) and is authorized to operate in all EU Member States. It is a globally regulated broker, operating under the authority of the FSA, UK, AMF in France, BaF in Germany and more. FXDD offers trading solutions to individual and institutional traders, hedge funds, money managers, white labels, and introducing brokers; all of which are tailored to each specific traders needs and strategies. Their innovative solutions are a gateway to the Forex markets. They are revolutionary thinkers in trading who have set the trend in Forex by delivering new technologies backed by world-class support for individual and institutional traders.