AvaTrade cashback rebates are offered to South African retail account traders. Up to 20% or 0.35 pips per standard lot traded on MetaTrader 4 is available.
| 🔎 Instrument | 🅰️ Number of Assets | 🅱️ Maximum Leverage |
| 📈 Forex | 55 | 1:400 |
| 💎 Precious Metals | 5 | 1:200 |
| 📊 ETFs | 59 | 1:20 |
| 📌 Indices | 33 | 1:200 |
| 📍 Stocks | 625 | 1:10 |
| 🪙 Cryptocurrency | 20 | 1:25 |
| 💹 Options | 53 | 1:100 |
| 💡 Energies | 5 | 1:200 |
| 📈 Bonds | 2 | 1:20 |
| 📉 FXOptions | 24 | 1:100 |
| 🚀 Get Cashback! | 👉 Open Account | 👉 Open Account |
Cashback Rebates Review - A Key Point Quick Overview
- ☑️Cashback Rebate Review
- ☑️Rebate Summary and Conditions
- ☑️How to Open a Forex Cashback Account with AvaTrade via SAShares
- ☑️Number of Traders participating in AvaTrade Cashback Rebates
- ☑️Pros and Cons
- ☑️In Conclusion
- ☑️Our Insights
- ☑️Frequently Asked Questions
Cashback Rebate Review
Overall, AvaTrade offers South Africans a cashback of up to 20% or 0.35 pips per standard lot traded on MetaTrader 4 in its retail account.
| 🔎 Markets | 📌 AvaTrade MT4 Spread Rebates | 📌 AvaTrade MT4 Pip Rebates |
| 📈 Forex | 20% | 0.35 pips |
| 📉 Indices | 20% | 0.35 pips |
| 🪙 Cryptocurrency | 20% | 0.35 pips |
| 💎 Precious Metals | 20% | 0.35 pips |
| 🥇 Energies | 20% | 0.35 pips |
| 📊 Shares | 20% | 0.35 pips |
| 💹 ETFs | 20% | 0.35 pips |
| 🍎 Soft Commodities | 20% | 0.35 pips |
| 📌 Bonds | 20% | 0.35 pips |
| 💡 Payment Frequency | Monthly | Monthly |
| 🚀 Get Cashback! | 👉 Click Here | 👉 Click Here |
Rebate Summary and Conditions
AvaTrade offers South Africans a cashback of up to 20% or 0.35 pips per standard lot traded on MetaTrader 4 in its retail account.
- AvaTrade has an overall rating of 4.3 / 5
- AvaTrade has a Real Customer Rating of 4.2 / 5
AvaTrade will not release any commissions unless the amount received from transactions surpasses a threshold more significant than any bonus amount. Bonus-funded margins are not eligible for rebates. The following traders do not qualify for rebates:
- European Union, New Zealand, Israel, and Hong Kong residents.
- Traders are residing in Japan FSA and Israel ISA.
South Africans can earn rebates or receive a rebate on the part of the transaction cost incurred on every transaction. This provides traders with narrower spreads and increased win rates on their trades.
How to Open a Forex Cashback Account with AvaTrade via SAShares
You can follow these steps to register for a
Forex Cashback Account with
AvaTrade via SAShares.
New AvaTrade Accounts
If you do not have an existing account with
AvaTrade, you can easily obtain a cashback rebate in three simple steps.
1.
Step 1: Start the
AvaTrade Account Registration
To open an AvaTrade Account, the applicant can simply click on the orange "Register Now" button located at the top of the AvaTrade Webpage.
2.
Step 2: Submit Trading ID
The next step is for the applicant to submit their Trading ID to SaShares. Here is an example of how to do so:
To: [SAShares]
Subject: New AvaTrade Rebate Application
“Dear SAShares Team,
Please view my AvaTrade Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”
3:
Step 3: Wait for Approval
Once approval is given, you will automatically receive your cashback rebates from the
AvaTrade system.
Existing AvaTrade Accounts
If you have an existing AvaTrade account, you can get a cashback rebate by following these simple steps.
1.
Step 1: Contact
AvaTrade Support
Email AvaTrade:
support@AvaTrade.com and request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]. Here is an example:
To: [SAShares]
Subject: Account Transfer Request
“Dear AvaTrade Partner/Affiliate Team,
I would like to request that my account be transferred to IB/Partner/Affiliate code
[SAShares Code]. Furthermore, I would like to request to be assigned under the mentioned IB regardless of whether my account falls under an umbrella or parent IB.”
2.
Step 2: Wait for Confirmation
Once traders receive confirmation of the transfer from
AvaTrade, the applicant can create an additional trading account.
3.
Step 3: Contact SaShares
Lastly, the applicant must send their Trading or Client ID to SAShares. Here is an Example:
To: [SAShares]
Subject: New AvaTrade Rebate Application
“Dear SAShares Team,
Please view my AvaTrade Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”
Number of Traders participating in AvaTrade Cashback Rebates
AvaTrade provides active trading accounts to more than 300,000 registered traders. However, it is uncertain how many of these consumers presently participate in Cashback Rebates provided by AvaTrade.
🏆10 Best Forex Brokers in South Africa
| Rank | Broker | Broker Review | Regulators | Minimum Deposit | Visit Broker |
|---|
| 🥇 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | $100 | |
| 🥈 |  | Read Review | FSCA, FCA, DFSA, FSA, CMA | $0 | |
| 🥉 |  | Read Review | CySEC, IFSC, DFSA, FCA | $5 | |
| 4 |  | Read Review | ASIC, CySEC, FSA, SCB | $0 | |
| 5 |  | Read Review | FSA, FSCA | $250 | |
| 6 |  | Read Review | FSA, FSC, FSCA, ASIC, CMA | $20 | |
| 7 |  | Read Review | FSC, FSCA | $50 | |
| 8 |  | Read Review | ASIC, CySEC, FSCA, FSA, FSC, CMA | $100 | |
| 9 |  | Read Review | CySEC, MWALI, FSCA | $25 | |
| 10 |  | Read Review | FSA, CySEC, FSCA, FSC | $10 | |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Easy Account opening | Limited product portfolio |
| No withdrawal fee | Administration fee |
| Low trading fees | Inactivity fee |
| Negative balance protection | Not listed on stock exchange |
In Conclusion
AvaTrade offers South Africans an attractive cashback rebate on the Retail Account of up to 20% or 0.35 pips per standard lot traded on MetaTrader 4.
Our Insights
Forex cashback rebates will allow South African traders to get reimbursed for their transactions in the foreign exchange market. AvaTrade provides an excellent cashback rebate offer.
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Frequently Asked Questions
What are Forex Cashback Rebates in South Africa?
Forex cashback rebates allow South African traders to get reimbursed for their transactions in the foreign exchange market. Brokers or third parties often give these rebates to entice traders to use their services.
Does AvaTrade offer Forex Cashback Rebates for South Africans?
AvaTrade offers Forex Cashback Rebates of up to 20% of the spread or 0.35 pips.
How does the Forex Cashback Rebate process work in South Africa?
Enrol in a reliable provider’s cashback rebate program, register a trading account with AvaTrade or transfer an existing account to AvaTrade, start trading on the forex market, and get rebates depending on the financial instruments you trade and the volume of your transactions.
I am an existing trader. How can I transfer my account to earn rebates via AvaTrade?
South Africans with trading accounts held with other brokers can register an account on AvaTrade and ask that their current broker transfer the account and open positions to AvaTrade. South Africans can then start trading with AvaTrade to earn rebates.
How many traders with AvaTrade in South Africa use the Cashback Rebate feature?
It is unclear how many of AvaTrade’s over 300,000 customers use the Cashback rebate option.
What are the maximum rebates I could earn with AvaTrade in South Africa?
When traders utilize MetaTrader 4, AvaTrade provides up to 20% or 0.35 pips rebates.
Will my AvaTrade fees and spreads increase when I use the Cashback Rebate feature in South Africa?
On the Cashback Rebate function, AvaTrade does not raise any fees or spreads.
Why should I work through the SA Shares Cashback?
You can expect some of the highest commissions if you work through SA Shares to earn Cashback Rebates from AvaTrade. This is because SA Shares aims to negotiate the most competitive commission rates with brokers such as AvaTrade to ensure you get the most back from your trading activities.
