You may be wondering how this could work “getting cash back rebates for all my trades winning or loosing”. So let’s answer your question: CashBackForex is a company advertising brokers to the world so you have to register to CashBackForex then choose a broker on their site and register to that broker trough them (You will get referred to a broker trough them). This means that the broker will pay CashBackForex a “reward” for bringing them new customers and you’ll get a piece of this “reward”
So let’s say you register to CashBackForex and then to a broker XY.
Broker XY will pay CashBackForex 0.7pips/lot per every trade you made and then you will get 0.5pips from those 0.7pips/lot back!
If you’re questioning yourself “how can a broker pay 0.7pips/lot per every trade to CashBackForex?”, they can, because every time you open a position, the broker have already earned his piece from the spread..
Getting cash back for all trades winning/loosing is just great because it’s just some extra cash The cash back is different from broker to broker, on some you’ll get 0.25pips/lot and by others 0.7pips/lot
And here’s a nice cash back calculator:
They will beat any other rebate rate from other companies and make you a better counter offer!
You can also visit our partner website Best Forex Rebates. They can get you awesome custom deals with huge rates.