COMPETITIONS Forums Climate CrossFit – Online Qualifier Can someone explain how forex

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  • #61270
    soumitss
    Participant

    Hello everyone. I trade a decent volume monthly and a friend mentioned I’m basically leaving money on the table by not using any cashback or rebate program on my trades. I had no idea that was even a thing. Apparently you can get a portion back per lot traded. Can someone explain how forex cashback actually works and where you sign up for something legit, because it sounds almost too good and I want to make sure it’s not a scam?

    #61272
    hydrogenn
    Participant

    Hello. Your friend’s right, if you trade volume and use no rebate program you’re leaving money behind. Forex cashback works like this: through a rebate provider you get a portion back per lot traded, win or lose, because the broker shares part of the spread or commission. I use Globe Gain https://globegain.com/brokers/ for it, they’ve done this since 2011, partner with a range of brokers, and you can keep your trading style unchanged while the rebates accumulate. It’s legit, not magic, it just trims your effective cost, it doesn’t create profit on its own. Forex stays risky regardless. But for a legit cashback setup on volume you already trade, it’s worth looking into.

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