Forex Cashback Rebates Explained
A forex rebate (cashback) returns part of your trading cost for every lot you trade, usually paid by a rebate site out of the commission the broker pays it for referring you. It doesn't change your spreads or the broker's terms. The amount per lot varies by broker, account and site. Check that your broker allows rebates alongside bonuses, and that the site is paying out reliably.
How rebates work
- You open an account using a rebate site’s link or partner code.
- The broker pays the site a share of the spread or commission on each lot you trade.
- The site passes part of that to you as a rebate, per lot.
Your trading conditions are the broker’s. The rebate is a separate agreement between you and the site.
Brokers with their own rebate or loyalty programme
Rebate and points schemes the brokers run themselves. Some can be earned on top of a cashback site’s rebate.
| Broker | Rebates and loyalty | Other promotions | Deposit bonus | Visit |
|---|---|---|---|---|
| XM loyalty programme: 7–16 XM Points per lot by status, redeemable for trading credit | None | 100% deposit bonus | Get the bonus | |
| Vantage Rewards: V-Points from trading and missions, redeemable for rewards (cash at about 200 points per $1) | None | 100% first-deposit bonus | Visit | |
| Exness Rewards (selected clients only) | None | None | Visit | |
| HFM Loyalty Program (relaunched January 2026): status tiers with cash prizes and other rewards | None | 20% top-up on every deposit, up to $5,000 (Top-up Bonus account) | Visit | |
| XS Trading Miles: miles from trading, redeemable for cash | None | None | Visit | |
| Loyalty programme: points set your tier; rewards redeemable for trading credit or merchandise | None | 50% credit bonus on every deposit to a verified account, capped at $10,000 bonus | Visit | |
| Points-based rewards programme | None | None | Visit | |
| Cashback programme: $3–17 per lot by status (Standard and Fixed accounts, $100+ deposit) | None | 100% credit bonus for new Standard (MT4, USD) clients on deposits of $100+, up to $10,000; activated via support | Visit | |
| BigBoss Points: 6–33 points per lot by status; cash-out from Expert status | None | Three-tier deposit bonus up to $13,840 (120%/100% to $700, 30% to $5,700, 20% to $63,200); 10% BBC deposit bonus | Visit | |
| IS6 points (for example, 100 points for card verification) | None | None | Visit |
Bonuses as published on each broker's official pages. Terms change by country and over time, so check the broker's site before you sign up. N/A means no published information was found.
Worked example
Suppose a site pays $3 per standard lot on your account and you trade 40 lots a month (about two 1-lot trades a day):
- Monthly rebate: 40 × $3 = $120
- If your average cost is 1.5 pips ($15) per lot, you pay $600 a month in spread, and the rebate recovers 20% of it.
Those numbers are illustrative; rates differ by broker, account and site. Run your own in the rebate calculator.
Rebate or bonus?
| Rebate | Deposit bonus | |
|---|---|---|
| What you get | Cash per lot | Trading credit |
| Withdrawable | Usually yes | Bonus itself usually not (bonus rules) |
| Grows with | Volume | Deposit size |
| Best for | Active traders | Small accounts that want extra margin |
For high-volume traders a rebate usually beats a one-off bonus. For a small account trading occasionally, the rebate is small.
What to check before signing up
- Is the broker allowed through the site? The broker must have an active partner relationship with it.
- Does it conflict with bonuses? Some brokers treat partner-linked accounts differently.
- Which account types qualify? ECN accounts often earn less per lot because the broker’s own margin is lower.
- How and when is it paid? Daily, weekly or monthly; to your trading account or to a wallet.
- The site’s track record. It holds your rebates until paid, so treat it like any counterparty.
Compare sites on forex rebate sites compared. For lowering costs in other ways, see ECN brokers and account types.
Forex Rebate Sites Compared 2026
| Broker | Rebates and loyalty | Bonus | Visit broker | ||
|---|---|---|---|---|---|
| 4.9/5Editorial rating | XM loyalty programme: 7–16 XM Points per lot by status, re… | ✓ | 100% deposit bonus | Visit | |
| 4.3/5 | Vantage Rewards: V-Points from trading and missions, redee… | ✓ | Promotions vary by region | Visit | |
| 4.2/5 | Exness Rewards | ✓ | None | Visit | |
| 4.1/5 | HFM Loyalty Program | ✓ | Deposit bonus | Visit | |
| 4.1/5 | XS Trading Miles: miles from trading, redeemable for cash | ✓ | No deposit bonus listed | Visit | |
| 4.1/5 | No rebate | ✓ | Deposit bonuses | Visit | |
| 3.7/5 | No standing programme | ✓ | No deposit or sign-up bonus | Visit | |
| 3.2/5 | BigBoss Points: 6–33 points per lot by status | ✓ | Three-tier deposit bonus up to $13,840 | Visit |
Related
- Forex Rebate Calculator
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- Regulated vs Offshore Forex Brokers: Leverage, Protection and Tax
- Forex Leverage Explained With Worked Examples
- Negative Balance Protection Explained
- Margin Level, Margin Call and Stop Out Explained
- Lot Size in Forex: Standard, Mini and Micro Lots
- What Is a Pip in Forex and How to Calculate It
- What Is Spread in Forex and When Does It Widen
- Forex Swap and Rollover Explained
- Hedging Rules at Forex Brokers
- How to Choose a Forex Account Type: Standard, ECN or Cent
- How Forex Bonuses Work: Withdrawal Conditions Explained
- Using Multiple Forex Broker Accounts: Pros and Rules
- Forex Inactivity Fees by Broker
- Forex Glossary
Frequently asked questions
Who pays forex cashback?
Normally a rebate site or introducing broker. The broker pays it a share of the spread or commission for referring you, and it passes some back to you.
Does cashback make my spread wider?
Joining through a rebate site shouldn't change your account's published spreads. Check that you're opening the same account type the broker advertises.
Can I get cashback and a bonus together?
Sometimes not. Some brokers exclude accounts linked to a rebate partner from bonuses, or vice versa. Check the bonus terms before you sign up.
Can I add cashback to an existing account?
Usually only by opening a new account through the rebate site's link. Brokers rarely move an existing account to a new partner.