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This is the best forex rebate service of Forex offering a partial return of the spread from every trade, where the spread is a fee for conducting operations on the forex market. In other words, forex rebate is a service providing a possibility to get a broker’s commission that is deducted from a trader’s account automatically upon opening a trade.
Forex Rebate Weekly accrues $16 for every closed lot, where one standard lot is 10 InstaForex lots. Spread rebates are paid automatically once a week.
To take part in this program of forex cashback and get forex rebates, you should take several simple steps:
The size of your earnings directly depends on your activity. The more you trade, the greater the amount of rebates you get.
Thus, you open one lot of the euro/dollar pair (10 InstaForex lots) and then close it. No matter whether the trade was winning or losing, you still can count on return of the forex spread. After a week, you will get $16 for it. For a deal of 5 lots your compensation will be $80. If trading operations were closed through locking, you will be provided with 50% of rebates - $8 from the lot.