Forex rebate or cashback forex rebate is the return of part of the commission or spread from the broker to the IB broker regardless of the trade profit or loss, because the calculation of the forex rebate cashback is calculated based on the number of lots traded on the forex broker, almost all of the largest forex brokers provide commissions to the forex broker. IBs such as FBS, OCTAFX, XM, INSTAFOREX, AXIMTRADE, XSOCIO MARKETS, EXNESS, JUSTFOREX, WINDSOR BROKERS, CDG GLOBAL, FOREXMART, MTRADING, ZFX, FIREWOOD, ICMARKETS, TICKMILL, WELTRADE, FX HOTFOREX, AX. , and others.
There are several methods of calculating rebates used by forex brokers, namely:
A. Rebate fix $ /lot
in this calculation the forex broker has determined the amount of cashback rebate to be paid to the broker's IB based on the amount per lot such as $10/lot to $20/lot.
Example: client A trades on a major/minor forex pair with a total total transaction of 30 lots at a forex broker with a cashback forex rebate of $20/lot.
Calculation: 30 lots x $20 = $600
And there are also forex brokers who apply fixed rebates based on pairs so that in each pair traded the amount of rebate is different.
Example: client A trades on the EURUSD forex pair with a total total transaction amount of 5 lots and on GBPUSD 7 lots at a forex broker with cashback forex rebate EURUSD $10/lot and GBPUSD $12/lot.
EURUSD 5lot x $10 = $50
GBPUSD 7lot x $12 = $84
B. rebate based on % of spread
in this calculation the forex broker uses % of the spread spread to provide cashback rebate commissions to the broker's IB.
Example: client A trades on the XAUUSD pair of 10 lots with a spread spread on the pair of 30 pips and the broker pays a cashback rebate or commission to the IB by 50% of the spread.
Calculation: spread 30 x 50% = 15 pips x 10lot = $150
Forex rebates are calculated after closing orders from trading transactions at the forex broker, please note that forex brokers apply a minimum limit for closing transactions as a condition for getting rebate commissions.
Pantura Basecamp is a trusted Indonesian forex IB Broker who returns a forex rebate commission to clients of 80% of the total rebate we get through the largest forex brokers in Indonesia.
Pantura Basecamp IB Trusted forex broker that provides the largest share of rebates to clients and has service facilities such as forex signals and free EA.
To get cashback forex rebates from our Pantura Basecamp as an IB forex broker in Indonesia you must open an account through our affiliate with the following steps:
A. Account Opening
We provide trusted and regulated brokers as your choice to transact in the forex market, your absolute requirement is to open an account via our affiliate link or switch IB if you already have an account.
B. Claim Account
Account claims are used to check that the account you created is under our affiliate, Please complete the following form according to the data you entered when opening a trading account with the broker of your choice, please click on the broker of your choice to fill out this form.
C. Check Rebate
Start trading and get cashback rebate commission from our IB Forex Broker for every transaction you make, use our Check Rebate service to see your rebate earnings in detail, automatically updated once a day.
We have an automatic system service that makes it easier for you to withdraw/withdraw rebates whenever you want, daily, weekly or monthly, cashback rebate withdrawal services to local banks BANK BCA, BANK MANDIRI, BANK BRI, BANK BNI with competitive rates.
Pantura Basecamp IB Trusted broker partners with the best forex brokers committed to always providing the best service in terms of:
- cashback rebate can be withdrawn every day
- Check automatic forex rebate
- Detailed and transparent cashback rebate report
- 80% cashback rebate sharing service
Trust and the principle of mutual benefit is our foundation in doing business/partnering.