Some can work without making enough money while others can make money with little effort. Forex has become a breadwinner for thousands (if not millions) of people around the globe. Yet, it is not always necessary to trade Forex. To make money in the industry, you can participate in multiple affiliate programs offered by Forex brokers as they need new clients.
For example, RoboForex, the best Forex broker for automated trading (’s rating of Forex brokers ) has recently introduced a new affiliate program for rebate services.
What are rebate services? What moneymaking possibilities do they offer?
Rebate Services: Everyone Earns Money
These days, dozens of new products and solutions are offered to Forex traders as multiple broking companies try to stay afloat because they have to compete in an environment of tough rivalry. Various affiliate programs become especially popular these days. Yet, brokers have to constantly improve them, thereby offering better conditions. This is how rebate services appeared. These are partners of certain broking companies. They pay a certain part of their affiliate reward to their trading clients.
At this point, there are several broking companies with rebate services. (traders-union.ru, Leprecon Trading, FxCash, InstaRebate, Fx-rebate.org).
RoboForex can offer its own rebate service as well.
The “Rebate Services” page reads:
“Rebate Services is an affiliate program intended for companies which give their clients extra profit by means of transferring part of the spread for regular trading. If you are an owner/administrator of Rebate Service or a similar project, and are interested in a reliable partnership, a high-level commission, and mutually beneficial cooperation – then this affiliate program is for you.
Advantages of the Rebates Services affiliate program:
· High-level commission (Expert program);
· API for integration with your site;
· Special conditions for each client;
· Detailed statistics on trading volume and sums;
· An opportunity to create own partner network;
· 5 levels of commission;
· Reports on commission;
· A wide range of advertising materials;
· Informational support by Roboforex.
Agent commission range:
* — a complete commission table for each instrument - "Partner Commission".”
The “Forex Rebates Service” page reads:
“Forex «Rebate» Service is a wonderful opportunity for our clients to decrease spread for all account types on MetaTrader4, MetaTrader5 and PowerTrader!
The number of clients who have fulfilled the conditions and got «Rebates»: 19288.
This service is permanent and available for all clients with cent, standard or ECN trading accounts.
Terms and conditions of «Rebate» service:
1. «Rebates» is calculated based on the monthly turnover of closed transactions in the trading account;
2. «Rebates» is available for all account types on the MetaTrader4, MetaTrader5 and Power Trader platforms.
3. Payments are made on the first day of each month with the comment "Rebate" in the account history.
You can find detailed information on trading volume in the Live Account, "Your «Rebates»" section.
4. «Rebates» that you receive are not a bonus and there are no special conditions for them; a client can use them any way they want.
5. The «Rebate» amount directly depends on the monthly turnover of closed transactions in the trading account. The levels are:
6. Only closed orders are taken into account when calculating trading volume. The calculation starts from 00:00:01 the first day of every month. Show examples;
· Example 1: Your trading volume during a month on standard account is 3200 lots (USD currency). This is the «Expert» level. The Rebate to be transferred to your account on the first day of the next month will be 3200 * $2 = 6400 USD.
· Example 2: Your trading volume during a month on cent accounts is 8000 cent lots (USD currency). This is the «Expert» level. The Rebate to be transferred to your account on the first day of the next month will be 8000 * 0.5 = 400 cent USD or 4 USD.
7. All closed orders of all currency pairs are taken into account when calculating trading volume.”
Making Money With Ease
According to Sergey Cherepanov, a representative of , today’s financial market represents tough rivalry. One should be strong enough to stay afloat. Rebate services give traders an opportunity to save a lot of money in the long run. Saving money means earning money. This is also beneficial for broking companies as they get new clients, make more money and become more competitive. This is a win-win solution.
Moreover, this stimulates broking companies to improve their services, trading conditions in order to stay among the industry’s best, especially as traders become more sophisticated.
