Forex Rebate Calculator for Cashbacks & IBs In Trading

A forex rebate calculator helps traders and introducing brokers know how much profits are shared by the forex broker while trading. With a forex rebate, every trader has the opportunity to lower their trading cost and maximize profit. Introducing Brokers are earning by referring other traders to the FX broker. The profit is shared in rebates (commission) and can create passive income.

By using our forex rebate calculator, you can learn how to earn back part of your trading costs while still boosting your overall profit as a trader or IB.

What Are The Specifications Of The Forex Cashback Calculator?

Our Forex rebate calculator is designed to provide accurate results. Here are the specifications of our calculator, which ensures that traders have a clear estimate of their rebate: 

• Deposit Currency: This is the base currency of your trading account. Our calculator supports major currencies such as USD, EUR, GBP, AUD, and JPY.
• Rebate Currency: This is the currency in which your cashback will be credited. It is sometimes the same as your deposit currency. However, you can choose your preferred currency.
• Currency Pair: The currency pair typically determines the rate at which your cashback will be calculated and credited.
• Rebate per Lot: This specification represents the amount of cashback traders may receive for each lot traded. The rebate per lot value may depend on the broker or trading account. It ranges from $1 to $10. For example, if your rebate per lot is $2, and you trade 50 lots per month, you will receive $100 in cashback.
• Lots: This is the trading volume used for accurate calculations. It is the quantity of a currency pair being traded. Lots come in different levels, with standard 100,000 being the highest. The higher the lot, the more the cashback. By entering your lot, you get an instant estimate of your total cashback. 
• Rebate Type: Rebates can come in two ways, pip and commission. We allow traders to choose the rebate type they would want their cashback to be calculated in. Pip-based rebates are calculated based on the pips returned per trade, while commission-based rebates are calculated based on the percentage of commission charged by brokers. 

These specifications ensure that our calculator provides the best way for traders to calculate their cashback and create the perfect trading strategies. 

How Does The Forex Rebate Calculator Work?

Here is a step-by-step guide on how to use our Forex rebate calculator: 

For example, if you trade 100 lots with a rebate rate of 0.8 pips you could earn $800 in cashback. 

What Is A Rebate In Forex?

A forex rebate is a refund on trading costs paid by a Forex Broker. It is like an incentive provided by brokers to traders and Forex Brokers to introducing brokers. 

When you execute trades through a broker, you pay spreads and commissions, so a rebate is a return of part of the spread paid to the broker. Also, as an introducing broker, when you introduce a trader to a broker, a rebate is the commission paid to you for the referral each time he trades. 

Rebates are paid whether the trade makes a profit or a loss. The trader and the introducing broker get a portion, which is the commission paid by the broker. Rebates in forex can also be referred to as a loyalty reward program for your trading activity, and the more you trade or refer, the more rebates you earn. 

What is Forex Rebate for Introducing Brokers?

A forex rebate for Introducing Brokers (IBs) is the commission or fee a broker pays to the IB for referring new traders. It can also be called Revenue Share. The Forex Broker is sharing its profit partly with the introducing broker (IB).

So if you, the IB, refer a trader to a broker, let’s say using your referral code or link. When that trader trades and the broker earns from spreads or commission, the broker shares a percentage of those earnings with you. That share is your rebate. 

Using the rebate formula, let’s imagine you refer a trader who trades 2000 lots per week and your broker pays you $2.4 per lot. Your rebate will be $4,800. Now, imagine having 10 referrals, you would have made yourself $48,000 without doing anything extra. 

What is Forex Rebate for Traders?

A rebate for forex traders is simply the cashback traders earn for every trade they make, whether the trade results in a win or a loss.

When you sign up with a broker, every time you place a trade, the broker earns a fee. A portion of this fee is given back to you as a reward. This portion can be deposited monthly or weekly, depending on the broker.

It is easy to calculate forex rebates for traders. Once you know the rebate rate and the lot traded, you are good to go.

Here is the formula:

Rebate = Lots Traded × Rebate per Lot

Let’s say you’re getting a rebate of $3 per lot and you traded 25 lots this month. Your rebate would be:

Rebate = 25 lots × $3 = $75

That means you will get $75 cash back even if you won or lost those trades.

Where Can You Get Rebates For Your Trading?

You can get rebates from several sources, and the amount you get depends on the source and type of trading you do. Here are the different sources of rebates:

• Thorough brokers that offer cashback programs on commission paid 
• Through introducing broker programs (becoming an IB and referring other traders to the Forex Broker)
• Through market makers that offer rebates to traders who provide liquidity 
• Through forex rebate services such as WR Trading, which provide traders with refunds paid on spread and commission

Alternatively, you can also get rebates through our FP Market Promotion. The FP market is a cost-effective alternative where traders can pay $0.75 less per lot traded rather than wait for rebate payments. 

What Are the Best IB Programs for Forex Rebate?

The best IB programs for forex rebate are available on FP Markets, Moneta Markets, and Vantage Markets. These programs are popular for high payouts, reliability, and transparency. 

FP Markets

FP Markets offers an introducing broker program that rewards individuals who refer clients to their trading platform. FP Market’s IB program is competitive, and it operates on a volume-based rebate structure. It also has a low entry barrier, making it easy for anyone to join and start earning. IBs can earn up to $2.4 per lot traded by clients.

Moneta Markets

Moneta Markets Introducing Broker program provides good opportunities to reward individuals who refer clients to their trading platform.​ The program has six different rebate structures that IBs can choose from. Rebate rate for Moneta ranges from $8 to $33 per lot depending on the IB’s preference. Withdrawals are instant, and IBs get paid immediately when a client closes a trade. 

Vantage Markets

With Vantage Markets IB program, IBs can earn rebates up to $8 per lot traded.  ​Bs are also guaranteed payments a day after their referred clients close a trade. IBs also enjoy the flexibility of sharing a portion of their rebates with clients as an incentive. The platform also has dedicated account managers who provide support to improve referral strategies. 

How High Are The Rebates On Average For Introducing Brokers?

Based on our experience at WR Trading, rebate rates depend on the broker and account type. Rates usually fall between $1 to $10 per lot. Traders can easily save 5% to 15% on trading costs when they trade regularly. 

So a trader executing up to 100 lots per month with a $3 per lot rebate could easily earn $300 cashback. 

Rebates for IB are also calculated based on account type and traded instruments. It is also determined by the number of lots traded by your clients. Rates are usually between $2 to $2.40 per lot traded by your client. 

Can an Introducing Broker share their Rebates with their Clients?

Yes, an Introducing Broker (IB) can share their rebates with their clients. It is possible to add a percentage amount of the rebate to the referred traders account. Note: Not all Forex Brokers offer to share IB rebates with clients. Sharing helps to:

• Attract more clients
• Build loyalty with existing clients
• Compete with other IBs offering similar deals
• Create a “trader-friendly” brand

Pros and Cons of Forex Cashback Rebates

Conclusion: Forex Rebates Are Popular For Traders And IBs

Rebates are a guaranteed way for traders and introducing brokers to get paid a portion of the trading cost by forex brokers. The amount paid depends on the broker used, but standard rebates for traders range between $1 to $10 per lot and $2 to $2.40 for IBs

Cashback programs are beneficial and can make a difference in your trading profit. Even if you choose traditional rebates or upfront fee reductions like FP Markets, understand how these systems work to increase your trading efficiency.