What are FxOpen AU rebates?

How do FxOpen AU rebates work?

How much FxOpen AU rebates can I earn?

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Currency pair AAVEUSD ADAUSD ATOMUSD AUDCAD AUDCHF AUDJPY AUDNOK AUDNZD AUDPLN AUDSEK AUDSGD AUDUSD AUS200 AVAXUSD BCHUSD BNBUSD BSVUSD BTCEUR BTCJPY BTCUSD CA60 CADCHF CADJPY CADSGD CELUSD CHFJPY CHFSGD CHINA50 CHINAH COMPUSD CROUSD DAIUSD DOGEUSD DOTUSD DSHUSD EGLDUSD EOSUSD ES35 ETHUSD EURAUD EURCAD EURCHF EURCZK EURDKK EURGBP EURHKD EURHUF EURJPY EURMXN EURNOK EURNZD EURPLN EURRON EURRUB EURSEK EURSGD EURTRY EURUSD EURZAR FILUSD FRA40 FTTUSD GBPAUD GBPCAD GBPCHF GBPCZK GBPDKK GBPHKD GBPHUF GBPJPY GBPMXN GBPNOK GBPNZD GBPPLN GBPSEK GBPSGD GBPTRY GBPUSD GBPZAR GER30 HK50 HTUSD IOTAUSD IT40 JPN225 LEOUSD LINKUSD LTCUSD LUNAUSD MKRUSD NEOUSD NETH25 NOKJPY NOKSEK NZDCAD NZDCHF NZDJPY NZDSGD NZDUSD OKBUSD SEKJPY SGDJPY SNXUSD SOLUSD STOXX50 SUSHIUSD SWI20 THETAUSD TRXUSD TRYJPY UK100 UNIUSD US100 US2000 US30 US500 USDCAD USDCHF USDCNH USDCNY USDCUSD USDCZK USDDKK USDHKD USDHUF USDILS USDINR USDJPY USDMXN USDNOK USDPLN USDRON USDRUB USDSEK USDSGD USDTHB USDTRY USDTUSD USDZAR VETUSD WBTCUSD XAGAUD XAGEUR XAGUSD XAUAUD XAUCHF XAUEUR XAUGBP XAUJPY XAUUSD XBRUSD XEMUSD XLMUSD XMRUSD XNGUSD XPDUSD XPTUSD XRPUSD XTIUSD XTZUSD ZARJPY ZECUSD

Deposit currency AUD BCH BTC CAD CHF CNH CNY CZK DKK DSH EOS ETH EUR GBP HKD HUF ILS INR JPY LTC MXN NOK NZD PLN RON RUB SEK SGD THB TRY USD XAG XAU XLM XRP ZAR

Rebate per lot

Pips AUD BCH BTC CAD CHF CNH CNY CZK DKK DSH EOS ETH EUR GBP HKD HUF ILS INR JPY LTC MXN NOK NZD PLN RON RUB SEK SGD THB TRY USD XAG XAU XLM XRP ZAR

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Switch to units

Forex pairs are 100,000 units per 1 lot

Units per 1 lot vary on non-forex pairs, please check with your broker

In MT4 and MT5 right click a symbol and then click Specification. The Contract Size field tells how many units are in one lot.
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Which FxOpen AU rebate program is the best?

Will my FxOpen AU spreads increase?

How can it be better to work through a 'middle-man' than just working directly with FxOpen AU?

FxOpen AU rebates are similar in nature to a credit card rewards program. Let’s take a Visa credit card for example. When a consumer purchases something using a credit card the vendor incurs a fee of between 1.5% – 3% which they pay to Visa. Many consumers are enrolled in a credit card rewards program and receive approximately 1% cashback reward on any credit card purchase they make. Is it free money? Yes and no. It’s money the consumer would not have received if they were not signed up with the rewards program, however it’s paid for out of fees charged to the vendor who will naturally build such fees into the cost of their products.

A forex rebate provider typically has a contractual relationship with a number of different forex brokers and earns a commission for each trade placed by a trader they refer to the forex broker. The marketing benefits afforded to forex brokers by such a system are substantial, from actual referred clients to branding, added search engine visibility, etc. The rebate provider then pays the client a cash rebate from the commission they earn from the forex broker.

Are FxOpen AU rebates worth the effort?

The biggest obstacle to any forex trader is the cost of the transaction. It may seem small, but in fact it’s the biggest factor that gives the trader less than a 50% chance of winning any particular trade. This seemingly small cost can be devastating when compounded, and in the long term if the trader relies on luck alone they are sure to continually lose on their investment. FxOpen AU rebates reduce the cost of the transaction and increases a trader’s probability of winning. Still, a trader must rely on their trading skill to close the remainder of the gap.

Why don't you offer more forex rebate brokers?

We have chosen to focus on the more reliable, competitive and trustworthy brokers. If we were to add every forex broker that approached us we would have at least several hundred. Currently we have a relationship with all of the most popular broker’s across the globe. As a customer-focused company our paramount concern is that we send clients to broker’s where they will be able to withdraw their funds easily when the time comes; and experience fair trading conditions and good customer service.