Monthly rebates
Forex rebates: the spread you already pay, partly returned.
You pay a spread or a commission on every trade — that is how your broker earns. A rebate hands part of it back. Here is exactly how the mechanism works, what it is worth, and the caveats a rebate desk should say out loud.
A forex rebate is a portion of the spread or commission you already pay on each trade, returned to you — usually as a fixed amount per standard lot, paid monthly. The money comes from the broker’s side of the trade: because your account sits under an introducing broker’s code, the broker shares part of the revenue your trading generates with that IB, and the IB passes a share of it back to you. A legitimate rebate therefore changes nothing about your pricing or execution — your spread and commission remain the broker’s own standard pricing, and the rebate simply means volume you were trading anyway pays something back. If a provider widens your pricing to fund the payment, that is a markup scheme, not a rebate; the test is that your account’s pricing matches the broker’s published standard pricing exactly.
How does a forex rebate actually work?
There are three parties and one simple chain:
- You trade. On every position, your broker earns the spread (or a commission) — the same amount whether or not a rebate exists.
- The broker shares. Because your account was opened under a Forexheights introducing-broker code, the broker pays us a portion of the revenue your trading generates. This comes out of the broker’s side, not yours.
- We pass part back. A share of that payment is returned to you, per standard lot you traded, every month.
That is the whole mechanism. There is no fee to join, no subscription, and no change to your account. The broker is simply splitting revenue it already earns from you — with an introducer, and through the introducer, with you.
What is a rebate worth? The arithmetic, on paper
Rates differ by broker, account type and instrument, so treat this as an illustration of the shape — never a quote:
| Line | Example |
|---|---|
| Rebate rate per standard lot | e.g. $5 — set per broker & account type |
| Standard lots traded in the month | e.g. 20 — whatever you actually trade |
| Paid back to you, monthly | $5 × 20 = $100 |
| Change to your spread or commission | none |
| Cost to you | nothing |
The caveats a rebate desk should volunteer
- A rebate never rescues a losing strategy. It is a small fixed amount per lot; your trade outcomes are far larger. Rebates lower your effective cost of trading — that is all they do, and it is enough.
- Never trade to farm the rebate. Churning volume to collect cashback is a guaranteed way to pay far more in spread and slippage than the rebate returns. Trade the size and frequency you would have traded anyway.
- We benefit from your volume. Our income also rises with the lots you trade — the same conflict of interest we state on the homepage. Weigh anything that makes frequent trading sound clever accordingly.
- Watch for markup schemes elsewhere. A legitimate rebate comes out of the broker’s existing revenue. If a provider widens your spread and hands part of the widening back, you are funding your own “rebate.” Compare your pricing against the broker’s public standard pricing — with us they should be identical.
The details that decide your real rate
Serious volume traders ask the same six questions of every rebate desk. Here are our answers, up front — and anything broker-specific is confirmed in writing before you commit:
- Round turn or per side? Every rate we quote is per standard lot, round turn — the open and the close together. If you ever see a rate from any desk without this stated, ask before comparing.
- Which account type? Raw-spread accounts (where you pay commission) rebate differently from standard accounts (where you pay spread) — often at very different rates. We quote per account type, never a single blended number.
- Which instruments? FX majors, crosses, metals and indices usually carry different rates, and gold is almost never rebated at the FX rate. Your quote lists instrument classes separately.
- Partial lots? Pro-rated. 0.10 lots earns exactly one-tenth of the per-lot rate.
- Scalper exclusions? Some brokers void very short-held trades from rebate counting. Where a broker has a minimum hold time or minimum pip-distance clause, we tell you before you open the account — not after your statement comes up short.
- How and when is it paid? Monthly, calculated on your closed volume, paid by the fifth business day of the following month, with no minimum payout. You also get a monthly statement of lots counted and rebate accrued, so you can reconcile it against your own platform history.
Why are brokers happy to pay rebates?
Brokers spend heavily to acquire traders. Paying an introducing broker a share of the revenue from accounts it brings in is cheaper and lower-risk for them than advertising, because it is only ever paid out of revenue that actually materialises. The IB model is a standard, decades-old part of how brokerages grow — our guide explains the whole arrangement.
How do I start getting rebates?
The same four steps as everything else we do: join the Discord, pick a broker from the desks we work with, open your account through our link so the IB code attaches, and message us your account number before depositing. We confirm your rebate rate in writing before any money moves.
Key facts about forex rebates
- A rebate is a share of the spread/commission you already pay, returned per traded lot — typically monthly.
- A legitimate rebate adds no markup: your pricing stays the broker’s standard pricing.
- Rebates are funded from the broker’s revenue share to the introducing broker, not from your pocket.
- Rebates reduce trading costs; they never make a losing strategy profitable.
- Trading extra volume purely to collect rebates loses money — spread and slippage exceed the rebate.
Get your rate confirmed in writing first.
Join the Discord, tell us your broker and typical volume, and we will tell you the rate — and whether it is even worth switching for.