FP Markets Rebates | We Beat all offers

FP Markets Rebates | We Beat all offers

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

  Standard Raw
Forex0.30 Pips25.00% Of Commissions Paid
Metals0.30 Pips25.00% 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.
  Standard
Forex 0.30 Pips
Metals 0.30 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.
  Raw
Forex 25.00% Of Commissions Paid
Metals 25.00% 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.
*Notes
FP Markets does not accept applications from U.S, Japan or New Zealand residents.
Promotions
No promotions available at the moment
Regulators

What Are FP Markets Rebates?

FP Markets rebates are discounts or cash payments made to FP Markets account holders for every trade they place, whether it’s a win or a loss. The FP Markets forex rebate program reduces the cost of the transaction and puts some money back in a trader’s account every month that would otherwise be lost to the cost of the transaction.

How it works

When you open a brokerage account through us, the brokerage 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. Your spreads and trading conditions remain the same as if you had opened an account directly with the broker. 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.

Are FP Markets Rebates a scam; do my spreads increase?

FP Markets 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 FP Markets 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 FP Markets 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 FP Markets rebates can I earn?

Use our forex rebate calculator to estimate your FP Markets rebate earnings:

Pips
USD
Lots
1
0.1
0.01
Trades
Cashback
Pips
700,00 $
Profile
FP Markets
FP Markets is a global broker offering traders access to a full suite of CFDs across Forex, Equities, Commodities and Futures. Traders can access over 10,000 trading instruments through a selection of industry-leading platforms including MT4, MT5, Iress, and Webtrader. Founded in 2005 and regulated by ASIC (Australian Securities and Investment Commission), FP Markets has grown to become one of the largest and most reputable players in the industry.
Company Name First Prudential Markets Pty Ltd
Year Founded 2005
Headquarters Australia
Office Locations Australia
Account Currency AUD, CAD, CHF, EUR, GBP, JPY, NZD, SGD, USD, HKD
Support Languages Arabic, English, French, German, Indonesian, Italian, Malay, Portuguese, Russian, Spanish, Thai, Vietnamese
Funding Methods Bank Wire, BPAY, Broker to Broker, Credit/Debit Card, FasaPay, Neteller, Paypal, POLi, Skrill (Moneybookers)
Financial Instruments Forex, Metals
24 hour support Yes
Segregated Accounts Yes
Islamic Accounts Yes
Accepts US Clients No
Accepts Japanese Clients No
Non expiring demo No
Account types

  Standard Raw
CommissionNoneAUD $3.50 Per Side Per Lot
Maximum leverage500:1
Typical Spread1.450.45
Mobile PlatformMT4 Mobile, MT5 Mobile
Trading PlatformMT4, MT5, WebTrader
Spread TypeVariable Spread
Minimum Deposit100
Minimum Trade Size0.01
Trailing StopsYes
Scalping AllowedYes
Hedging AllowedYes
Islamic AccountsYes
  Standard
Maximum leverage 500:1
Typical Spread 1.45
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 100
Minimum Trade Size 0.01
Trailing Stops Yes
Scalping Allowed Yes
Hedging Allowed Yes
Islamic Accounts Yes
  Raw
Commission AUD $3.50 Per Side Per Lot
Maximum leverage 500:1
Typical Spread 0.45
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 100
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
3 / 5
Regulation
4 / 5
Popularity
3 / 5
User rating
3 / 5
Source: fxverify.com > fp-markets