We monitor competitors and always offer the highest cash back. In partnership with cashbackforex.com.

FxOpen Rebates | Best Rates on the Web

Fxverify Rating
User Rating
(7)
Cash Back Rates
Cash back rebates are paid per closed position unless otherwise specified. 1 Lot = 100,000 base currency units traded.

  STP PAMM STP ECN PAMM ECN Crypto
Forex0.24 Pips22.50% Of Commissions Paid
CryptocurrenciesNone22.50% of commissions paid
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  STP
Forex 0.24 Pips
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  PAMM STP
Forex 0.24 Pips
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  ECN
Forex 22.50% Of Commissions Paid
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  PAMM ECN
Forex 22.50% Of Commissions Paid
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  Crypto
Forex 22.50% Of Commissions Paid
Cryptocurrencies 22.50% of commissions paid
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
*Notes
PAMM STP Accounts: Manager and investor receive rebates proportionate to the amount invested.

Maximum rebates payable per client: $75.00 per order; $750.00 per day; $7500.00 total.

Rebates are not paid on Micro accounts.
Regulators

What Are FxOpen Rebates?

FxOpen rebates reduce the spread or transaction cost paid by a trader for each lot or fraction of a lot traded at FxOpen. In general, forex rebates can come in several different forms depending on each broker:
  • A pricing reduction made directly to the spread or commission cost.
  • A cash payment paid into the trader's account, typically daily.
  • A monthly cash payment made to the trader's selected payment method such as Paypal, bank wire, etc.

How do forex rebates work?

Brokers pay us a volume based commission for each trade placed by a client we send them. We then pay most of this commission back to our clients. We never work with brokers who attempt to raise spreads or worsen trading conditions for our clients, it's totally against our business model. Ultimately, you get a better deal going through us than direct to the broker. If it seems too good to be true and you're still skeptical, we understand! Just ask the broker about our program directly.

Which FxOpen rebate program is the best?

Our business model and theme is offering the highest rebate rates at every popular forex broker. We do this by adjusting our rates whenever we find a competitor offering more. We work with cashbackforex.com, the original and leading provider of forex rebates in order to provide top notch support and services. In addition, due to being the industry leader in client volume they have negotiated the highest commission rates and thus we can easily beat competitor rates. We also offer higher rebate rates than cashbackforex.com.

Will my FxOpen spreads increase?

There may be a few scammy forex rebate providers out there that do this but we do not. It would be deceptive, unethical, and totally against our business model, not to mention customers would quickly catch on and write horrible reviews! The easiest way to alleviate such a concern is just ask customer support at FxOpen.

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

FxOpen 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 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 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.

How much FxOpen rebates can I earn?

Use our forex rebate calculator to estimate your FxOpen rebate earnings:

Pips
USD
Lots
1
0.1
0.01
Trades
Cashback
Pips
$700.00
Profile
FXOpen is a brand name for FXOpen Markets Limited and has been in operation since 2005. It has its headquarters in Saint Kitts and Nevis and is a member of The Financial Commission.

Accounts can be opened from just $1 using a number of different payment methods. They were the first broker to introduce ECN trading and now are the first in the forex industry to introduce Cryptocurrency trading in bitcoin, Litecoin, Namecoin and Peercoin. The following base currencies are available: Australian Dollar (AUD), Swiss Franc (CHF), Euro (EUR), British Pound (GBP), Japanese Yen (JPY), Russian Ruble (RUB), US Dollar (USD).
Company Name FXOpen Markets Limited
Year Founded 2005
Headquarters Saint Kitts and Nevis
Office Locations Australia, Saint Kitts and Nevis, New Zealand, Russian Federation, United Kingdom
Account Currency AUD, CHF, EUR, GBP, GLD, JPY, RUB, SGD, USD, BTC, LTC, ETH, DSH
Client funds bank ALFA-BANK
Support Languages Arabic, Chinese, English, French, German, Indonesian, Portuguese, Russian, Spanish, Thai, Turkish, Farsi
Funding Methods Bank Wire, Bitcoin, China Union Pay, Credit/Debit Card, FasaPay, IntellectMoney, Litecoin, Neteller, PayZa, Perfect Money, QIWI Wallet, RBK Money, Skrill (Moneybookers), Yandex, Webmoney, ePayments, SorexPay
Financial Instruments Forex, Indices, Oil/Energies, Cryptocurrencies
24 hour support Yes
Segregated Accounts No
Islamic Accounts Yes
Accepts US Clients No
Accepts Japanese Clients No
Non expiring demo Yes
Trading API Yes
Account types

  STP PAMM STP ECN PAMM ECN Crypto
CommissionNo commissionFrom 1.5 to 5 units for ECN Accounts 0.5% of the base currency Per Lot;
Maximum leverage500:1100:1500:1100:13:1
Typical Spread1 - 1.20.0-0.40.0 - 0.40.0
Mobile PlatformMT4 MobileNoneMT4 Mobile
Trading PlatformMT4, WebTraderPAMMMT4, WebTraderPAMMMT4
Spread TypeVariable Spread
Minimum Deposit10200100010
Minimum Trade Size0.01
Trailing StopsYes
Scalping AllowedYes
Hedging AllowedYes
Islamic AccountsYesNo
  STP
Commission No commission
Maximum leverage 500:1
Typical Spread 1 - 1.2
Trading platform MT4WebTrader
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 10
Minimum Trade Size 0.01
Trailing Stops Yes
Scalping Allowed Yes
Hedging Allowed Yes
Islamic Accounts Yes
  PAMM STP
Commission No commission
Maximum leverage 100:1
Typical Spread 1 - 1.2
Trading platform PAMM
Spread type Variable Spread
Minimum deposit 200
Minimum Trade Size 0.01
Trailing Stops Yes
Scalping Allowed Yes
Hedging Allowed Yes
Islamic Accounts Yes
  ECN
Commission From 1.5 to 5 units for ECN Accounts
Maximum leverage 500:1
Typical Spread 0.0-0.4
Trading platform MT4WebTrader
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 1000
Minimum Trade Size 0.01
Trailing Stops Yes
Scalping Allowed Yes
Hedging Allowed Yes
Islamic Accounts Yes
  PAMM ECN
Commission From 1.5 to 5 units for ECN Accounts
Maximum leverage 100:1
Typical Spread 0.0 - 0.4
Trading platform PAMM
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 1000
Minimum Trade Size 0.01
Trailing Stops Yes
Scalping Allowed Yes
Hedging Allowed Yes
Islamic Accounts Yes
  Crypto
Commission 0.5% of the base currency Per Lot;
Maximum leverage 3:1
Typical Spread 0.0
Trading platform MT4
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 10
Minimum Trade Size 0.01
Trailing Stops Yes
Scalping Allowed Yes
Hedging Allowed Yes
Islamic Accounts No
Overall rating is an average of ratings from experts in 4 categories
Pricing
5 / 5
Regulation
5 / 5
Popularity
4.5 / 5
User rating
4.7 / 5
Source: fxverify.com > fxopen