FXCM UK Rebates | We Beat all offers

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(1)
Cash Back Rates
Cash back rebates are paid per closed position unless otherwise specified. 1 Lot = 100,000 base currency units traded.

  TS (STD:Private) MT4 (STD:Private) Active Trader ZuluTrade*
Forex0.12 Pips20% Of Commissions Paid0.12 Pips
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  TS (STD:Private)
Forex 0.12 Pips
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  MT4 (STD:Private)
Forex 0.12 Pips
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  Active Trader
Forex 20% Of Commissions Paid
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  ZuluTrade*
Forex 0.12 Pips
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
Promotions
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What Are FXCM UK Rebates?

FXCM UK rebates are monies paid to a forex trader for every forex trade they place, whether it’s a win or a loss. FXCM UK rebates effectively reduce the cost of each transaction and puts some money back in a trader’s account every month that would otherwise be lost to the cost of the transaction.

Are FXCM UK Rebates a scam; or is there some ‘catch’ such as increased spreads to compensate for the rebate?

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.

Are FXCM UK rebates worth it?

The biggest obstacle to any forex trader is the cost of the transaction. It may seem small, but in fact it’s the biggest factor that gives the trader less than a 50% chance of winning any particular trade. This seemingly small cost can be devastating when compounded, and in the long term if the trader relies on luck alone they are sure to continually lose on their investment. A rebate reduces the cost of the transaction and increases a trader’s probability of winning. Still, a trader must rely on their trading skill to close the remainder of the gap.

The rebate calculator below can help you to estimate your earnings.


Pips
USD
Lots
1
0.1
0.01
Trades
Cashback
Pips
$700.00

Who are the top FXCM UK rebate providers?

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 working with a forex rebate provider?

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.
Profile
FXCM Inc. (NASDAQ : FXCM) is a global online provider of foreign exchange (forex) trading and related services to retail and institutional customers worldwide. As a vocal advocate of foreign exchange regulation and increased investor protection, FXCM Inc. has companies registered and regulated by many of the most respected regulatory bodies in the world. Forex Capital Markets Limited is regulated by the Financial Conduct Authority (FCA) in the UK. Additionally, FXCM is regulated in the United States, Germany, Italy, France, Australia, and Japan. At the heart of FXCMs client offering is No Dealing Desk forex trading. Clients benefit from FXCMs large network of forex liquidity providers enabling it to offer competitive spreads on major currency pairs. Clients have the advantage of mobile trading, one-click order execution, and trading from real-time charts.
Company Name Forex Capital Markets Limited
Year Founded 1999
Headquarters United Kingdom
Office Locations Australia, Canada, Germany, France, Greece, Israel, Italy, United Kingdom
Account Currency CAD, CHF, EUR, GBP, JPY, NZD, USD
Client funds bank Bank of America, Barclays Bank
Support Languages Arabic, English, French, German, Greek, Indonesian, Italian, Spanish
Funding Methods Bank Wire, Cheque, Credit/Debit Card, SEPA, BACS
Financial Instruments Forex, Shares, Indices, Oil/Energies, Spread Betting
24 hour support Yes
Segregated Accounts Yes
Islamic Accounts Yes
Accepts US Clients No
Accepts Japanese Clients No
Non expiring demo Yes
Trading API Yes
Account types

  TS (STD:Private) MT4 (STD:Private) Active Trader ZuluTrade*
CommissionNo commssionAs low as $25 per 1MNo commssion
Maximum leverage30:1
Typical Spread1.30.21.3
Mobile PlatformNoneMT4 MobileZuluTrade
Trading PlatformTrade Station (FXCM)MT4MT4, Trade Station (FXCM), WebTraderZuluTrade
Spread TypeVariable Spread
Minimum Deposit50025000500
Minimum Trade Size0.01
Trailing StopsYes
Scalping AllowedYes
Hedging AllowedYes
Islamic AccountsYes
  TS (STD:Private)
Commission No commssion
Maximum leverage 30:1
Typical Spread 1.3
Trading platform Trade Station (FXCM)
Spread type Variable Spread
Minimum deposit 500
Minimum Trade Size 0.01
Trailing Stops Yes
Scalping Allowed Yes
Hedging Allowed Yes
Islamic Accounts Yes
  MT4 (STD:Private)
Commission No commssion
Maximum leverage 30:1
Typical Spread 1.3
Trading platform MT4
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 500
Minimum Trade Size 0.01
Trailing Stops Yes
Scalping Allowed Yes
Hedging Allowed Yes
Islamic Accounts Yes
  Active Trader
Commission As low as $25 per 1M
Maximum leverage 30:1
Typical Spread 0.2
Trading platform MT4Trade Station (FXCM)WebTrader
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 25000
Minimum Trade Size 0.01
Trailing Stops Yes
Scalping Allowed Yes
Hedging Allowed Yes
Islamic Accounts Yes
  ZuluTrade*
Commission No commssion
Maximum leverage 30:1
Typical Spread 1.3
Trading platform ZuluTrade
Mobile platform ZuluTrade
Spread type Variable Spread
Minimum deposit 500
Minimum Trade Size 0.01
Trailing Stops Yes
Scalping Allowed Yes
Hedging Allowed Yes
Islamic Accounts Yes
Overall rating is an average of ratings from experts in 4 categories
Pricing
4 / 5
Regulation
5 / 5
Popularity
3 / 5
User rating
4 / 5
Source: fxverify.com > fxcm