FXChoice Rebates | We Beat all offers

FXChoice 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.

  Classic Pro
Forex10.00% Of The Spread10.00% Of Commissions Paid
Oil / Energies10.00% Of The Spread
Metals10.00% Of The Spread10.00% Of Commissions Paid
Indices10.00% Of The Spread
Soft commodities (coffee,sugar...)10.00% Of The Spread
Cryptocurrencies10.00% Of The Spread
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  Classic
Forex 10.00% Of The Spread
Oil / Energies 10.00% Of The Spread
Metals 10.00% Of The Spread
Indices 10.00% Of The Spread
Soft commodities (coffee,sugar...) 10.00% Of The Spread
Cryptocurrencies 10.00% Of The Spread
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  Pro
Forex 10.00% Of Commissions Paid
Oil / Energies 10.00% Of The Spread
Metals 10.00% Of Commissions Paid
Indices 10.00% Of The Spread
Soft commodities (coffee,sugar...) 10.00% Of The Spread
Cryptocurrencies 10.00% Of The Spread
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
Rebates are at risk of not being paid for:
- trades executed with algorithmic trading software;
- hedged positions;
- positions closed in less than fifteen seconds after opening; and
- positions where the difference between the open price and the close price is less than the sum of the two spreads.

What Are FXChoice Rebates?

FXChoice 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 FXChoice rebates truly reduce the costs of the transaction and improve their bottom line.

How do FXChoice 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 FXChoice Rebates a scam; do my spreads increase?

FXChoice 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 FXChoice 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 FXChoice 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 FXChoice rebates can I earn?

Use our forex rebate calculator to estimate your FXChoice rebate earnings:

Pips
USD
Lots
1
0.1
0.01
Trades
Cashback
Pips
$700.00
Profile
FXChoice
FX Choice Limited was registered in 2010 in Belize under the license number IFSC/60/191/TS/19. FXChoice offers Forex and CFD trading for private clients, as well as institutional investors and fund managers alike. Their wide range of products and services cater to a broad spectrum of traders. FXChoice positions clients’ needs at the center of their ethos, and so their award-winning customer service is there to assist clients in making FXChoice, the right choice. FXChoice focus on technology is paramount, as they believe being ahead of the curve in this area gives them the edge on their competitors. Coupled with this emphasis on technology is broker’s dedication to security; they work tirelessly to ensure the protection of clients’ data and guarantee the safety of their transactions.
Company Name FX Choice Limited
Year Founded 2010
Headquarters Belize
Office Locations Belize
Account Currency AUD, CAD, EUR, GBP, USD, BTC, LTC, ETH, XRP, USDT
Support Languages English, German, Greek, Portuguese, Spanish, Thai, Czech, Farsi
Funding Methods AstroPay, Bank Wire, Bitcoin, FasaPay, Litecoin, Neteller, PaySafeCard, Perfect Money, POLi, QIWI Wallet, Skrill (Moneybookers), SticPay, Ethereum, VLoad, AirTM, AdvCash
Financial Instruments Forex, Indices, Oil/Energies, Cryptocurrencies, Metals
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread
Account types

  Classic Pro
CommissionNone$3.50 Per Side Per 100K USD Traded
Maximum leverage200:1
Typical Spread1.40.6
Mobile PlatformMT4 Mobile, MT5 Mobile
Trading PlatformMT4, MT5, WebTrader
Spread TypeVariable Spread
Minimum Deposit100
Minimum Trade Size0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Classic
Maximum leverage 200:1
Typical Spread 1.4
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 100
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Pro
Commission $3.50 Per Side Per 100K USD Traded
Maximum leverage 200:1
Typical Spread 0.6
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 100
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
Overall rating is an average of ratings from experts in 4 categories
Pricing
3 / 5
Regulation
2 / 5
Popularity
3 / 5
User rating
3 / 5
Source: fxverify.com > fxchoice