RoboForex Daily Cashback & Rebates
What is Forex Rebates?
Forex trading is not free. From each transaction, RoboForex charges the trader a brokerage commission or a spread for the opportunity to make trading operations. The CashbackFX service allows RoboForex clients to minimize payments to the broker.
Forex rebates are part of the transaction costs for trading, which is returned to the client. This leads to lower spreads and higher trading profitability. For example, if your spread is 4 pips and the rebate is 1 pips, then your final spread is only 3 pips.
Forex rebate is a cashback, which is realized through the return to the trader of a part of the spread or commission. The payout to your trading account will be made regardless of the outcome of the transaction. The transaction can be both profitable and unprofitable. You simply trade in your usual mode - and receive additional income, and in case of a loss-making transaction, you partially compensate for the losses.
How do forex rebates work?
When you link a new or existing trading account to the CashbackFX service, RoboForex pays us a part of its spread or commission for the transactions you have made as compensation for attracting a client to them. Then we share a part of our income, returning to your account 50% of a part of the spread or commission for completed transactions as a thank you for using our service. For traders working with large volumes, additional income in the form of rebate can reach hundreds of dollars per month.
Your spreads do not change due to the use of the CashbackFX service, which makes trading through us more profitable than opening an account with RoboForex directly.
To receive a payout, you need to register a new one or transfer an existing trading account to a partner group with the id vfym using the RoboForex support service.
How to get RoboForex rebates?
To receive a payout, you need to register a new one or transfer an existing trading account to a partner group with the id vfym using the RoboForex support service.
Continue trading on the Forex market in your usual style and rhythm, daily, automatically, 50% of rebates from RoboForex profit, which the company pays to partners from each transaction, including unprofitable ones, will be automatically credited to your account. The amount of cashback credited to your account is displayed in the section "Funds" - "Rebate from the partner's commission" https://my.roboforex.com/en/operations/partner-rebate/. This information is also displayed in the transaction history on the RoboForex website and in the MT4 terminal in the "Account History" tab. Please note that in the right drop-down menu, the exact account to which rebates are credited must be selected, otherwise a 404 error will be displayed.
Some clients do not have the opportunity to specify the code of the attracted partner in their personal account. This means that the personal account was previously registered using a referral link and the partner code is automatically applied to all new accounts. To untie your personal account from the previously specified code of the attracted partner or open a new one, you need to contact the support service. In the future, you will have the opportunity to independently indicate the code of the attracted partner when opening a new trading account, including the one from which you previously unlinked your personal account. If you have any difficulties, contact us via telegram https://t.me/HelpCashbackFX and we will advise you as soon as possible.
The standard minimum order size for RoboForex clients on ProCent accounts is 0.1 lot. Using the vfym partner code will open up the opportunity for your accounts to trade premium minimum orders of 0.01 lot size.
- No additional registrations on third-party sites and problems with the withdrawal of earned funds;
- Maximum % return of spread and commission for RoboForex clients;
- Daily payments to your RoboForex account;
- Reliability, rebate payments are made directly by the broker itself;
- The ability to open orders on ProCent accounts with a minimum size of 0.01 lot instead of the standard 0.1.
Some clients do not have the opportunity to specify the code of the attracted partner in their personal account. This means that the personal account was previously registered using a referral link and the partner code is automatically applied to all new accounts. To untie your personal account from the previously specified code of the attracted partner or open a new one, you need to contact the support service. In the future, you will have the opportunity to independently indicate the code of the attracted partner when opening a new trading account, including the one from which you previously unlinked your personal account. If you have any difficulties, contact us via telegram https://t.me/HelpCashbackFX and we will advise you as soon as possible.
Improved trading conditions (enables Microlot)
The standard minimum order size for RoboForex clients on ProCent accounts is 0.1 lot. Using the vfym partner code will open up the opportunity for your accounts to trade premium minimum orders of 0.01 lot size.
Benefits of the CashbackFX service
- No additional registrations on third-party sites and problems with the withdrawal of earned funds;
- Maximum % return of spread and commission for RoboForex clients;
- Daily payments to your RoboForex account;
- Reliability, rebate payments are made directly by the broker itself;
- The ability to open orders on ProCent accounts with a minimum size of 0.01 lot instead of the standard 0.1.
Frequently Asked Questions
Not! If you have any doubts, you can get this information directly from the RoboForex support team.
Rebates are derived from the commission you pay the broker on each trade. With the help of the CashbackFX service, you will be able to return part of this commission or spread.
No, only you have access to the account. Your account is simply included in our affiliate group for cashback accrual.
To receive rebate payments, you need to contact the support service to be included in the CashbackFX affiliate group with id vfym . Or open a new similar account indicating the code of the attracted vfym partner and transfer funds to it.
Yes, rebates are credited on any transactions.
The amount of deductions depends on the chosen currency pair, the number of transactions performed on the market and their volume. Your account will receive 50% rebates from RoboForex profit, which the company pays to partners from each transaction. For example, for the EURCHF currency pair, a cashback of 5.14 USD per 1 lot will be credited to your account. In the "Contract Specifications" section https://roboforex.com/forex-trading/trading/specifications/ you can find information about how much income RoboForex receives for each instrument.
The cashback earned on transactions in the previous day is automatically credited to your account connected to the CashbackFX affiliate group with id vfym the next day before 9 am server time. In the report, you will see the line IB rebate (vfym) indicating the amount of remuneration.
Yes, crediting is possible to any RoboForex trading account.
Whether you are a beginner or an experienced trader, you should definitely receive rebate payments to your trading account. These are the funds that you will pay for the transaction in any case, so why not return some of this amount to yourself completely free of charge?
Please contact us via telegram - https://t.me/HelpCashbackFX and we will answer any of your questions as soon as possible.
