In an increasingly competitive forex trading landscape, many brokers now offer cashback or rebate programmes as a way to attract and retain clients. These incentives can reduce trading costs and increase profitability over time, especially for active traders. However, not all cashback schemes are equal. In this guide, you’ll discover what to know about forex brokers that offer cash back on trades, how these programmes work, and what to watch out for.

What Is Cashback in Forex Trading?

Cashback refers to a portion of the trading cost returned to the trader—usually based on trade volume or number of lots traded. This can come in the form of:

• A direct rebate into your trading account
• Lower spreads or commissions for high-volume traders
• Tiered loyalty programmes offering increasing rebates

It’s essentially a cost-saving mechanism that rewards consistent trading activity.

How Forex Cashback Programmes Work

Cashback is usually calculated based on:

• Standard lots traded (e.g. $3 rebate per 1 standard lot)
• Trading volume in USD (e.g. $10 rebate per $1 million volume)
• Account type or status (e.g. VIP vs standard clients)

You can receive cash:

• Daily, weekly, or monthly—depending on the broker’s terms
• Either credited to your balance or withdrawn separately

Some brokers manage rebates in-house, while others partner with third-party cashback services.

Benefits of Trading with Cashback Brokers

1. Reduced Trading Costs

Cashback effectively lowers your:

• Spread on trades
• Commission per lot
• Overall cost per round trip

This boosts profitability, especially for scalpers and high-frequency traders.

2. Rewards for Volume

Active traders who generate large trade volumes benefit the most. Cashback helps compensate for frequent small gains, making strategies like scalping more viable.

3. Enhanced Loyalty Incentives

Some brokers offer tiered rewards, such as:

• Higher cashback at higher volumes
• Access to premium education or tools
• Lower margin requirements

This makes long-term engagement more rewarding.

Top Forex Brokers That Offer Cashback on Trades

1. Intertrader

• Offers volume-based cashback for professional and institutional clients
• Transparent, fixed rebate levels based on monthly lots
• FCA-regulated with competitive spread conditions

2. AvaTrade

• Partnered with rebate providers like PayBackFx
• Cashback available across multiple account types
• Regulated in several jurisdictions with access to MetaTrader and AvaTradeGO

3. TiBiGlobe

• Custom cashback tiers based on trading frequency and account size
• Direct cash deposits or commission discounts
• Personal account manager for tailored rebate offers

4. Vantage

• Active rebate programme for both retail and professional clients
• Up to $8 per lot cashback for high-volume traders
• Available via both MT4/MT5 and proprietary platforms

5. Markets.com

• Cashback linked to specific trading promotions
• Reward points can be converted into cash or platform credits
• Available across multiple instruments, not just forex

How to Choose a Cashback Broker Wisely

1. Transparency in Terms

Look for brokers that clearly state:

• Rebate amounts per lot or per trade
• Minimum trade volume requirements
• Eligible account types
• Payout frequency and conditions

Avoid vague language like “up to X amount” without concrete figures.

2. No Compromise on Spreads or Execution

Some brokers widen spreads or lower quality to fund cashback offers. Make sure:

• Spreads remain competitive after rebates
• Trade execution is fast and slippage is controlled

Always compare the net effective cost (spread minus cashback) across brokers.

3. Regulation and Trustworthiness

Cashback isn’t useful if the broker is unreliable. Ensure they are regulated by reputable authorities like:

• FCA (UK)
• ASIC (Australia)
• CySEC (Europe)
• FSCA (South Africa)

Choose cashback only as a bonus, not the main reason for trusting a broker.

4. Avoid Cashback Tied to Risky Promotions

Be cautious of brokers that link cashback to:

• Overly high leverage usage
• Bonus withdrawal traps
• Unrealistic trading requirements

Always read the fine print to avoid hidden pitfalls.

Conclusion

Knowing what to know about forex brokers that offer cash back on trades can help you save on costs and enhance your returns—especially if you trade frequently. From lower spreads to direct rebates, cashback schemes can be an effective benefit if you choose your broker carefully. Prioritise transparency, regulation, and trading conditions alongside any rebate offers.

To master cost-effective trading strategies, platform analysis, and broker selection, explore expert-led courses at Traders MBA.