Day Trading & Forex Forum

ForexCountess

Hi guys, I found this site named CashBackForex > Home that gives you cash back every month if you trade with one of their brokers, and they have very good brokers!

The broker pays them for being an introducing broker, and they give most of it back to you. Your transaction costs like spread and commission do not increase. The only one losing out is the broker, but they just consider this a marketing cost. A few other sites also do broker rebates but cashbackforex.com gives away much more and they are more established and professional organization. They give you back 60% of what the broker pays them, which is based on transactions costs you have generated during the course of monthly trading activity. Other forex rebate companies give back about $1.00 - $4.11 per lot which works out to about 10-41% max.

Vaco

Interesting,

Sounds like rakeback deals the poker sites offer if you sign up throughan partner site, didn't realise the brokers had started doing it as well.

A nice way of reducing commissions if there is a reputable broker on the list that is suitale for your needs.

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That's fine, for I shall show that it isn't positions which lend men distinction, but men who enhance positions.

plandtrader

I reckon they must be hurting as much as estate agents are at present. Some of them are even cars as a bonus when you buy a house. Now let's just sit and wait for car dealers to offer a house as an inducement to buy a car.

t2wfx

I see 2 of my favorite brokers are in the list (liteforex and marketiva). Will surely join when i start trading live. What's to lose right?