The Top 10 Best Forex Rebate Programs and Rates revealed. We have rated and reviewed the best Forex Brokers offering market-leading Rebate/cashback Programs.
This is a complete listing of the Best Cashback Forex Brokers who offer high-commission rebates per lot and spreads.
In this in-depth write-up you will learn:
- Which Forex Broker offers the Best Rebate Rates?
- What are Rebate Rates?
- Rebate Rates – How do they work?
- Who are the Highest percentage commission, cash-back brokers?
- Which ECN brokers pay daily / monthly cashback
- Best M4 /MT5 cash-back promotion.
- #1 Cashback brokers
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
Forex Rebates – A Definition
The cashback rebate programs provided by forex brokers reimburse traders for part of their spread and commission costs from their trades through promotional incentives.
They reward traders who maintain high levels of activity and minimize trading expenses through specific programs that benefit high-frequency traders significantly.
The broker offers rebates which are credited either daily weekly or monthly based on broker specifications while this service may come from the broker directly or from its affiliate partners.
10 Best Forex Rebate Comparisons in 2025
| 🔎 Broker | 🔥Spread Rebate Cashback | 💰 Sign Up | 📅 Monthly or Daily Cashbacks | 🚩 Forex Rebates |
| 🥇Exness | Up to 30% Commission | 👉 Open Account | Daily | ☑️ Yes |
| 🥈AvaTrade | Up to 30% Commission | 👉 Open Account | Monthly | ✅ Yes |
| 🥉 HF Markets | Up to $6.80 per lot | 👉 Open Account | Daily | ✅ Yes |
| 🏅 Tickmill | Up to $9 per lot | 👉 Click Here | Monthly | ☑️ Yes |
| 📌 XM | Up to $13.95 per Lot | 👉 Open Account | Daily | ✅ Yes |
| 📍 RoboForex | Up to 48% Commission | 👉 Open Account | Monthly | ☑️ Yes |
| 🏅 IC Markets | Up to 38% Commission | 👉 Open Account | Monthly | ✅ Yes |
| 📌 Oanda | $1 per Lot per 100 K USD | 👉 Open Account | Monthly | ☑️ Yes |
| 📍 Pepperstone | Up to 12.85% Commission | 👉 Open Account | Monthly | ✅ Yes |
| 🏅 ThinkMarkets | Up to $4.51 per Lot | 👉 Open Account | Monthly | ☑️ Yes |
10 Best Forex Brokers Cashback Rebate Programs (2025)
- Exness – Best Forex Rebate of Up to 30% for new and existing Traders
- AvaTrade – Overall, Best Rebate Program up to 30% commission
- HF Markets – Most Profitable Rebate Conditions
- Tickmill – Rebate per Trading Volume
- XM – Highest Rebate Rate for 2025
- RoboForex – Best ECN forex brokers with Rebate
- IC Markets – Exclusive Discount Rebate Service
- Oanda – Advanced Trader Account with Rebate Offer
- Pepperstone – Active Trader program
- ThinkMarkets – Suited for High-Volume Traders
1. Exness
Exness is a forex and CFD broker that offers its clients access to trading in currencies, crypto, stocks, indices, metals, and commodities.
Exness makes a proprietary Trading Terminal platform plus MetaTrader 4 and 5 available partnered with a wide variety of account types to cater to different types of traders.
Exness Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
Exness does not accept new accounts from selected regions including EEA, UK, AU, NZ, and MY.
Featured
| 🔎 Broker | 🥇 Exness |
| ➖ Min. Deposit from | USD 10 / 185 ZAR |
| 📉 Spreads for Cent Accounts | From 0.3 pips |
| ⚖️ Leverage Availability | Up to Unlimited |
| 💵 Commission Structure | No commission |
| ⚡ Execution Speed | 0.01 seconds on average |
| 🖥️ Trading Platforms Supported | MT4 |
| 📏 Order Size Range for Cent Accounts | From 0.01 lots in cents |
| 🌍 Account Base Currencies | Over 50 (including ZAR) |
| 🕌 Swap-Free (Islamic) Account Availability | Yes |
| ✅ Regulation by FSCA | Yes |
| 💳 Deposit & Withdrawal Methods for South Africans | Yes (bank cards, Skrill, Neteller, local payment solutions) |
| ❌ ZAR Cent Accounts Availability | No |
| 🚀 Open an Account | 👉 Open Account |
Cash Back Rebates
| 🔎 Range of Markets | 🥇 Standard | 🥈 Standard Cent | 🥉 Raw Spread | 🏅 Zero |
| 📈 Forex | 30% of the Spread | 30% of the Spread | Up to $160 per lot | Up to $160 per lot |
| 📊 Oil / Energies | 30% of the Spread | n/a | Up to $26 per lot | Up to $26 per lot |
| ⚙️ Metals | 30% of the Spread | 30% of the Spread | Up to $26 per lot | Up to $26 per lot |
| 📉 Shares / Equities | n/a | n/a | Up to $14.40 per lot | Up to $14.40 per lot |
| 📌 Indices | 30% of the Spread | n/a | Up to $4.40 per lot | Up to $4.40 per lot |
| 🪙 Cryptocurrencies | 30% of the Spread | n/a | Up to $14.40 per lot | Up to $14.40 per lot |
| 💰 Payments Options | Direct to Broker Account (Daily) | Direct to Broker Account (Daily) | Monthly Cash Back | Monthly Cash Back |
| 💵 Get Cash Back | 👉 Open Account | 👉 Open Account | 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Exness is well-regulated and keeps all client funds in segregated accounts with top-tier institutions | There is a limited portfolio of financial instruments offered |
| Traders can choose between several retail investor accounts | Exness offers a limited number of payment methods that can be used for deposits and withdrawals |
Cash Back Rebates – How does it work?
Once a trader links a new or existing forex trading account to Exness the Broker will pay the owner of the referral link a volume-based commission for each successful trade that is placed.
In turn, a portion of these funds will be paid out to clients.
2. AvaTrade
AvaTrade is considered to be a pioneering broker that offers its services to over 400’000 users across the globe.
AvaTrade provides access to approximately 1000 instruments across Desktop, tablet, mobile, and Web-based trading platforms.
*Rebates are not paid on the percentage of a trade using bonus money as a margin.
Traders must take note that AvaTrade will not pay a commission until its revenue from all trades exceeds any bonus amount.
AvaTrade will not pay rebates to residents of the EU, New Zealand, Israel, Hong Kong, or accounts registered with entities in Japan FSA and Israel ISA.
AvaTrade Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
Featured
| 🔎 Broker | 🥇 AvaTrade |
| 📜 Regulation | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA |
| 💳 Minimum deposit | $100 USD / R1816 ZAR |
| 🚀Bonus | ✅ Yes |
| 🔥Trust Score | 94% |
| 🔥Live support | 24/5 |
| 📱 MetaTrader 4 (MT4) | ✅ Yes |
| 📱 MetaTrader 5 (MT5) | ✅ Yes |
| 📊Trading Islamic Account | ✅ Yes |
| 📊CFDs - Total Offered | 1,200 CFDs |
| 💰 Spreads | 0,9 pips |
| 💰 Withdrawal fee amount | Zero |
| 💰 Trading fees class | Very Low |
| ✔️ Scalping Allowed | ✅ Yes |
| 📈Products Offered | Forex, Stocks (CFDs), Commodities (CFDs), Indices (CFDs), Cryptocurrencies (CFDs) |
| 👥Account Types | Various, including standard accounts, demo accounts, Islamic accounts, and professional accounts (depending on regulation) |
| 📚Educational Resources | Webinars, articles, tutorials |
| 📍 Focus | User-friendly platform for beginners and experienced traders |
| ☎️Customer Support | Multiple languages offered |
| 📌Important Note | AvaTrade does not offer direct trading on the Volatility 75 Index (VIX). |
| 🚀 Open a account | 👉 Open Account |
Cash Back Rebates
| 🔎 Range of Markets | 🥇 MT4 Pip Rebate | 🥈 MT4 Spread Rebate * |
| 📊 Forex | 0.35 Pips | 30% of the Spread |
| 📉 Bonds | 0.35 Pips | 30% of the Spread |
| 📌 Oil / Energies | 0.35 Pips | 30% of the Spread |
| ⚙️ Metals | 0.35 Pips | 30% of the Spread |
| 📍 Indices | 0.35 Pips | 30% of the Spread |
| 🍎 Soft Commodities | 0.35 Pips | 30% of the Spread |
| 📈 ETFs | 0.35 Pips | 30% of the Spread |
| 🪙 Cryptocurrencies | 0.35 Pips | 30% of the Spread |
| 💳 Payment Options | ✅ Monthly Cash Back | ✅ Monthly Cash Back |
| 💰 Get Cash Back | 👉 Open Account | 👉 Open Account |
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 |
Cash Back – How does it work?
Once a new AvaTrade account is opened via the provided referral link, AvaTrade will pay the referral site a commission that in turn, is paid back to the customer in the form of cashback.
3. HF Markets
HFM is a forex and commodities broker that provides award-winning trading services and facilities to both retail and institutional clients worldwide.
Furthermore, HFM allows both scalpers and traders using expert advisors unrestricted access to its liquidity.
HF Markets Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
Featured
| 🔎 Broker | 🥇 HFM |
| ⚖️ Regulation | FSCA, CySEC, FCA, DFSA, CMA, FSA |
| 💳 Minimum deposit | $0 |
| 💰 Maximum Leverage | 1:2000 |
| 🔘 Asset Types | Forex, Indices, Metals, Energies, Shares, Commodities, Bonds, ETFs, DMA Stocks, and Cryptocurrencies |
| 📊 Trading platforms | MT4, MT5, HFM Trading App (Android & IOS) |
| 💳 Supported lot | 0.01 - 500 |
| 💳 Demo | ☑️ Yes |
| 📈Products Offered | Focus on Volatility 75 Index (VIX) CFD |
| 👥Account Types | Cent Account, Zero Account, Pro Plus Account, Pro Account, Premium Account |
| 💻Trading Platforms | MT4, MT5, HFM Platform |
| 📚Educational Resources | Webinars, articles, tutorials |
| ☎️Customer Support | 24 hours, 5 days a week |
| 📍Focus | Potentially suited for experienced traders due to the focus on the volatile VIX. Consider your trading experience and risk tolerance. |
| 📌Important Note | Thorough research on Conduct thorough research on HFM South Africa's specific regulations, educational resources, customer support options, and potential ZAR funding options before opening an account. |
| 🚀 Open an Account | 👉 Open Account |
Cash Back Rebates
| 🔎 Range of Markets | 🥇 Micro | 🥈 Premium | 🥉 PAMM Client Account (Premium) | 🏅 PAMM Client Account (Premium Plus) | 📌 Zero Spread |
| 📈 Forex | $6.80 USD per lot | $6.80 USD per lot | $2.55 USD per Lot | $2.55 USD per Lot | $2.55 USD per Lot |
| 📊 Oil / Energies | $0.85 USD per Contract | $0.85 USD per Contract | $0.63 per Contract | $0.63 per Contract | n/a |
| ⚙️ Metals | $6.80 USD per Lot | $6.80 USD per Lot | $2.55 USD per Lot | $2.55 USD per Lot | n/a |
| 📉 Shares / Equities | $0.85 USD per Contract | $0.85 USD per Contract | $0.63 per Contract | $0.63 per Contract | n/a |
| 📌 Indices | $0.85 USD per Contract | $0.85 USD per Contract | $0.63 per Contract | $0.63 per Contract | n/a |
| 💰 Payment Options | Direct to Broker Account (After$5 USD) + Monthly Cash Back | Direct to Broker Account (After$5 USD) + Monthly Cash Back | Direct to Broker Account (After$5 USD) + Monthly Cash Back | Direct to Broker Account (After$5 USD) + Monthly Cash Back | Direct to Broker Account (After$5 USD) + Monthly Cash Back |
| 💵 Get Cash Back | 👉 Open Account | 👉 Open Account | 👉 Open Account | 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| FSCA Regulated | US clients not accepted |
| Fast and easy account opening | High bank withdrawal fees |
| Low trading fees | Inactivity fee after one year |
Cashback – How does it work?
When a trader chooses to link their new or existing HF Markets trading account via the referral link, the broker will pay the referring site a volume-based commission for every trade placed.
This in turn will be paid back to the client in part.
4. Tickmill
Tickmill is the trading name of Tickmill Ltd, a member of the Tickmill Group.
Tickmill boasts more than 270’000 clients, over 550’000 registered accounts, millions of executed trades, and 200+ employees worldwide.
Tickmill Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
Tickmill Rebates are not paid for accounts registered with Cyprus CySEC, South Africa FSCA, and Labuan FSA entities.
Tickmill has launched a new promotion wherein traders will be rewarded with competitive rebates based on their trading activity.
In order to qualify for the promotions cashback rebates traders will need to meet certain thresholds of trading volume in forex trading each calendar month.
Featured
| 🔎Broker | Tickmill |
| 💰 Minimum Deposit | USD 100 |
| 🌐 Regulators | CySEC, FCA, FSA, FSCA, Labuan FSA |
| 📱 Trading Desk | MetaTrader 4, MetaTrader 5 |
| ₿ Crypto | ✅ Yes |
| 📈 Total Pairs | 62 |
| ☪️ Islamic Account | ✅ Yes |
| 📊 Trading Fees | Low |
| 🕒 Account Activation Time | 24 Hours |
| 🚀 Open an Account | 👉 Open Account |
Cash Back Rebates
| 🔎 Range of Markets | 🥇 Classic | 🥈 ECN Pro | 🥉 VIP |
| 📈 Forex | $8.50 USD per Lot / 0-100 Lots $8.70 per Lot / 100 - 500 lots $9.00 per Lot / 500 Lots + | $1.70 per Lot / 0 - 100 Lots $1.80 per Lot / 100 - 500 Lots $1.90 per Lot / 500 Lots + + 5% Direct Commission Reducation | $1.70 per Lot / 0 - 100 Lots $1.80 per Lot / 100 - 500 Lots $1.90 per Lot / 500 Lots + |
| ⚙️ Metals | $8.50 USD per Lot / 0-100 Lots $8.70 per Lot / 100 - 500 lots $9.00 per Lot / 500 Lots + | $1.70 per Lot / 0 - 100 Lots $1.80 per Lot / 100 - 500 Lots $1.90 per Lot / 500 Lots + | $1.70 per Lot / 0 - 100 Lots $1.80 per Lot / 100 - 500 Lots $1.90 per Lot / 500 Lots + |
| 📌 Other | No Rebates Paid | No Rebates Paid | No Rebates Paid |
| 💵 Payment Options | Monthly Cash Back | Monthly Cash Back | Monthly Cash Back |
| 💰 Get Cash Back | 👉 Open Account | 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Tickmill offers robust trading platforms and innovative mobile trading | Currency conversion fees will apply for some deposits |
| Tickmill has a very high trust score and is known for its competitive trading conditions | There are no fixed spread accounts offered |
| There are several convenient funding options available including Skrill, Neteller, and others | The spreads are not the tightest |
Cash Back Rebates – How does it work?
When a trader chooses to link their new or existing Tickmill trading account via the referral link, the broker will pay the referring site a volume-based commission for every trade placed.
This in turn will be paid back to the client in part. In the case of Tickmill’ Promotional Cash Rebates will be calculated according to the monthly volume traded.
5. XM
XM Group is a MetaTrader-only broker that is known to offer an outstanding selection of high-quality educational content and market research.
XM is available globally and has some of the lowest fees in the industry.
XM Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
Featured
| 🔎 Broker | 🥇 XM |
| 💰 Min. Deposit | $5 USD |
| ✒️ Regulation | FSC / CySEC |
| 💸 Trading Fee Class | Low |
| ❌ Inactivity Fee | ☑️ Yes |
| 💳 Withdrawal Fee | No |
| 🆓 Demo Account | ✅ Yes |
| 🚀 Open an Account | 👉 Open Account |
Cash Back Rebates
| 🔎 Range of Markets | 🥇 Micro | 🥈 Standard | 🥉 XM Zero | 🏅 Ultra Low |
| 📈 Forex | 0 - 90 Lots $9.00 per Lot 90 - 180 Lots $9.15 per Lot 180 Lots + $9.30 per Lots | 0 - 90 Lots $9.00 per Lot 90 - 180 Lots $9.15 per Lot 180 Lots + $9.30 per Lots | 0 - 100 Lots $4.30 per Lot 100 - 150 Lots $4.50 per Lot 150 Lots + $4.70 per Lot | Up to $13.95 per Lot |
| 📊 Oil / Energies | Up to $10.6366 per Lot | Up to $10.6366 per Lot | Up to $11.18 Per Lot | Up to $11.70 per Lot |
| ⚙️ Metals | Gold Silver $9.00 per Lot | Gold Silver $9.00 per Lot | Gold Silver $4.3 per Lot | Gold Up to $5.58 Silver Up to $13.95 |
| 📉 Shares / Equities | Up to $5.4492 per Lot | Up to $5.4492 per Lot | Up to $5.7276 per Lot | Up to $5.9940 per Lot |
| 📌 Indices | Up to $4.3364 per Lot | Up to $4.3364 per Lot | Up to $4.5580 per Lot | Up to $4.77 per Lot |
| 🍎 Soft Commodities | Up to $12.2730 per Lot | Up to $12.2730 per Lot | Up to $12.90 per Lot | Up to $13.50 per Lot |
| 🪙 Cryptocurrencies | Up to $24.546 per Lot | Up to $24.546 per Lot | Up to $28.80 per Lot | Up to $27.00 per Lot |
| 💵 Payment Options | Direct to XM MyWallet (2 x weekly) / Monthly Cash Back - Real Time Reports | Direct to XM MyWallet (2 x weekly) / Monthly Cash Back - Real Time Reports | Direct to XM MyWallet (2 x weekly) / Monthly Cash Back - Real Time Reports | Direct to XM MyWallet (2 x weekly) / Monthly Cash Back - Real Time Reports |
| 💰 Get Cash Back | 👉 Open Account | 👉 Open Account | 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Fast digital account opening | Account types vary according to jurisdiction |
Cash Back Rebates – How does it work?
When a trader chooses to link their new or existing XM trading account via the referral link, the broker will pay the referring site a volume-based commission for every trade placed.
This in turn will be paid back to the client in part. The XM Rebate is a partial return of the spread or trading commission that the client has paid to the broker when opening or closing an order.
Aside from XM Rebates, the client will receive up to a 5% loyalty bonus and reward points of 1% of the rebate received.
6. RoboForex
RoboForex is a trusted online broker that provides trading assets on its Pro-Cent, Pro-Standard, and RAMM live accounts.
RoboForex offers a wide selection of trading platforms, including MT4 and MT5.
RoboForex Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
RoboForex clients can receive Cashback for the trading volume on Forex of as little as 10 lots. Verified clients of RoboForex have an opportunity to receive additional profit on all account types.
Featured
| 🔎 Broker | 🥇 Roboforex |
| 📉 Regulation and Licenses | FSC |
| 🎁 Bonuses | Welcome bonus, up to 10% on account balance, cashback rebates |
| ⏰ Support Hours | 24/7 |
| 📊 Trading Platforms | MetaTrader 4, MetaTrader 5, R MobileTrader, R StocksTrader |
| 🖱️ Account Types | Prime, ECN, R StocksTrader, ProCent, Pro |
| 🪙 Base Currencies | USD, EUR |
| 📌 Spreads | From 0.0 pips |
| 📍 Leverage | 1:2000 |
| 💴 Currency Pairs | 40; minor, major, and exotic pairs |
| 💵 Minimum Deposit | 10 USD |
| 💶 Inactivity Fee | None |
| 🤝 Affiliate Program | ✅Yes |
| 📈 Scalping | ✅Yes |
| 📉 Hedging | ✅Yes |
| 📊 Trading Instruments | Forex, stocks, indices, ETFs, commodities, metals, energy commodities |
| 🚀 Open an Account | 👉 Open Account |
Cash Back Rebates
| 🔎 Range of Markets | 🥇 ProCent | 🥈 Pro Standard | 🥉 ECN | 🏅 R Trader | 📌 Prime |
| 📈 Forex | 48% of the Broker Revenue | 48% of the Broker Revenue | 48% of the Broker Revenue | 43% of the Broker Revenue | 22.50% of the Broker Revenue |
| 📊 Oil / Energies | n/a | 48% of the Broker Revenue | 48% of the Broker Revenue | 43% of the Broker Revenue | 22.50% of the Broker Revenue |
| ⚙️ Metals | 48% of the Broker Revenue | 48% of the Broker Revenue | 48% of the Broker Revenue | 43% of the Broker Revenue | 22.50% of the Broker Revenue |
| 📉 Shares / Equities | n/a | 48% of the Broker Revenue | 48% of the Broker Revenue | n/a | 22.50% of the Broker Revenue |
| 📍 Indices | n/a | 48% of the Broker Revenue | 48% of the Broker Revenue | 43% of the Broker Revenue | 22.50% of the Broker Revenue |
| 📌 ETFs | n/a | n/a | n/a | 43% of the Broker Revenue | n/a |
| 🪙 Cryptocurrencies | 40% of the Broker Revenue a | n/a | n/a | 17.91% of the Broker Revenue | 22.50% of the Broker Revenue |
| 💵 Payment Options | Direct to Broker Account Daily / Monthly Cash Back | Direct to Broker Account Daily / Monthly Cash Back | Direct to Broker Account Daily / Monthly Cash Back | Direct to Broker Account Daily / Monthly Cash Back | Direct to Broker Account Daily / Monthly Cash Back |
| 💰 Get Cash Back | 👉 Open Account | 👉 Open Account | 👉 Open Account | 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌Cons |
| Excellent Asset Selection | Limited Crypto Selection |
| Wide range of trading instruments (12,000+) | High leverage can increase risk for inexperienced traders. |
| Low minimum deposit (starting at $10 USD) | Withdrawal fees can be higher for certain methods. |
| High leverage available (up to 1:2000) | Limited regulatory oversight for some regions. |
| CopyFX platform for copy trading | Bonus programs may be restricted in certain regions. |
| Fast account setup and funding options | Customer support response can be slow during busy times. |
| Offers VPS hosting for automated trading | Not available to U.S. clients due to regulations. |
| Free demo accounts available | High inactivity fees for dormant accounts. |
| Tight spreads on ECN accounts | Spreads on standard accounts can be wider. |
| Regular bonuses and promotions | Bonus conditions may be complex to fulfill. |
RoboForex Cash Back Rebates – How does it work?
In order to qualify for the RoboForex Cash Back Rebates Program the user must open a RoboForex trading account and verify it. Once this has been done the account holder must trade at least 10 lots per month.
7. IC Markets
IC Markets is a renowned Forex CFD provider that offers trading solutions for active day traders and scalpers. IC Markets offers cutting-edge trading platforms, low latency connectivity, and superior liquidity.
IC Markets Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
IC Markets Forex rebates will reduce the spread or transaction cost paid by a user on every trade, win, or loss.
IC Markets rebate payment will be offered in 3 forms including spread and commission reductions, daily trading account deposits, and monthly cash payments via bank wire, Paypal, Skrill, and others.
Featured
| 🔎 Broker | 🥇 IC Markets |
| 📌 Regulation | Regulated by ASIC (Australia), CySEC (Cyprus) |
| ☪️ Islamic account (swap-free) | ✔️ Yes |
| 📒 Demo Account | ✔️ Yes |
| 💰 Bonus | No Sign-up Bonus |
| ✴️ Institutional Accounts | ❌ No |
| 👨🏼💼 Managed Accounts | ❌ No |
| 📈 Maximum Leverage | 1:500 |
| 💰 Minimum Deposit | $200 USD |
| 📌 PAMM Accounts | Yes |
| 💹 Margin Call | 100% |
| ⛔ Stop-Out | 50% |
| 💷 Minimum Commission per Trade | From $3 to $3.5 |
| 🪙 Crypto trading offered | Yes |
| 🔒 Segregated Accounts | Yes |
| 👥Account Types | Standard, Raw Spread, True ECN |
| 🖥️Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, IC Markets Raw Spread Platform |
| 📙Educational Resources | Webinars, market analysis, educational materials |
| ☎️Customer Service Hours | 24/5 multilingual customer support |
| 🔘 Tradeable Instruments | Forex, CFDs on indices, shares, commodities, cryptocurrencies |
| 📍Focus | Raw spreads, deep liquidity, advanced trading tools |
| 📌Important Note | CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. |
| 🚀 Open an Account | 👉 Open Account |
Cash Back Rebates
| 🔎 Range of Markets | 🥇 Standard | 🥈 Raw Spread | 🥉 cTrader ECN |
| 📈 Forex | Monthly Cash Back 0.275 Pips - FX Majors 0.4125 Pips - FX Others or Spread Reduction 0.20 Pips - FX Majors 0.30 Pips - FX Other + Monthly Cash Back 0.075 Pips - FX Majors 0.1125 Pips - FX Other | Monthly Cash Back 38% of Commissions Paid or Direct Commission Reduction 21.50% of Commissions Paid + Monthly Cash Back 16.50% of Commission Paid | Monthly Cash Back $1 per 100K USD traded or Dirext Commission Reduction $0.60 per 100K USD Traded + Monthly Cash Back $0.40 per 100K USD Traded |
| ⚙️ Metals | Monthly Cash Back 0.4125 Pips or Spread Reduction 0.30 Pips + Monthly Cash Back 0.1125 Pips | Monthly Cash Back 38% of Commissions Paid or Direct Commission Reduction 21.50% of Commission Paid + Monthly Cash Back 16.50% of commission paid | Monthly Cash Back $1 per 100K USD traded or Dirext Commission Reduction $0.60 per 100K USD Traded + Monthly Cash Back $0.40 per 100K USD Traded |
| 📉 Indices | Up to $1.7187 per Lot | Up to $1.9 per Lot | $1 per 100K USD Traded |
| 🪙 Cryptocurrencies | Up to $0.6875 per Lot | Up to $0.76 per Lots | $1 per 100K USD Traded |
| 💵 Payment Options | Spread Reduction / Monthly Cash Back - Real Time Reports | Commission Reduction / Monthly Cash Back - Real Time Reports | Commission Reduction / Monthly Cash Back - Real Time Reports |
| 💰 Get Cash Back | 👉 Open Account | 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Low Forex Fees | Limited Product Selection |
| Easy Account Opening | Slow Chat Response |
Cash Back Rebates – How does it work?
Traders who choose to open an account with or switch to IC Markets will get Forex rebates for every trade placed. This can be done via the referral link provided.
8. Oanda
Oanda is a trusted global brand that offers access to a wide range of financial services plus high-quality and easy-to-use trading platforms.
Oanda Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
Oanda Forex Rebates are paid per side and new accounts can not be opened by Canadian Residents. Oanda will not pay rebates on Premium Accounts.
Oanda has upgraded its advanced trader program to include cash rebates. Oanda clients can now stand to earn up to USD15 per million based on their deposits and monthly trading volumes.
As an alternative, the traders have the choice to opt into Oanda’s core pricing model and choose to reduce their commission fees by up to $15 USD per million instead.
Min Deposit
USD 1
Rebate Amount
$1 per Lot per 100 K USD (paid at %0.50 per side)
Featured
| 🔎 Broker | 🥇 Oanda |
| 💰 Min. Deposit | $0 USD |
| 🆓 Demo Account | ✅ Yes |
| 4️⃣ MetaTrader4 | ✅ Yes |
| ⛔ Stop Loss | ✅ Yes |
| 🚀 Open an Account | 👉 Open Account |
Cash Back Rebates
| 🔎 Range of Markets | 🥇 MT4 | 🥈 fxTrade |
| 📊 Forex | $1 per Lot per 100 K USD (paid at %0.50 per side) | $1 per Lot per 100 K USD (paid at %0.50 per side) |
| 💵 Payments Options | Monthly Cash Back | Monthly Cash Back |
| 💰 Get Cash Back | 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Regulated in multiple major jurisdictions (US, UK, Japan, etc.) | Fewer account types compared to some brokers |
| Competitive spreads, especially for major pairs | Lacks deposit bonuses or promotions common with other brokers |
| Offers the popular MetaTrader 4 (MT4) and its proprietary platform Oanda Trade | Higher costs on some CFD products (non-Forex instruments) |
| Flexible for new traders with no minimum deposit requirement | Lower leverage limits for clients in regulated regions like the US and Europe |
| Extensive educational tools and market analysis | Spreads can widen during volatile market conditions |
| API access for developers and algo traders | Smaller selection of tradable instruments (e.g., limited exotic pairs) |
| Fast order execution with no dealing desk | Charges fees for certain withdrawal methods (especially for non-bank transfers) |
| One of the few brokers offering Forex trading in the US | Fewer cryptocurrency pairs available compared to other brokers |
| No hidden fees; spreads and costs are clear | Doesn't offer a built-in social or copy trading platform |
Cash Back Rebates – How does it work?
In order to qualify for the Oanda advanced trader program an online form must be completed.
Once this has been done, the trader must deposit a minimum of US$10,000 into their Oanda account and trade more than US$10 million in monthly volume (to qualify for rebates).
9. Pepperstone
Pepperstone was founded in 2010 in Melbourne, Australia, and processes an average of US$12.55bn of trades every day.
Pepperstone is one of the world’s largest forex brokers and is trusted by over 300,000 traders around the world.
Pepperstone Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
As a member of the Pepperstone active trader program users can earn forex cash rebates and save on trading commissions.
The rebate amount will depend on how many standard lots the user trades each month.
Min Deposit
USD 0
Rebate Amount
Monthly Cash Back up to 3.64% of Commissions Paid
Featured
| 🔎 Broker | 🥇 Pepperstone |
| 📍 Regulation | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB |
| 📌AFSL No | 414530 |
| 📌FCA no | 684312 |
| 👍 Demo Account | ☑️ Yes |
| 💰 Minimum Deposit | $0 USD |
| 📎 Bonus | No |
| ☪️ Islamic account | ✅ Yes |
| 📊 Institutional Accounts | ☑️ Yes |
| 📊 Managed Accounts | ✅ Yes |
| 📈 Maximum Leverage | 1:200 |
| ⚙️Products Offered | Stock, Indices, Commodities, Shares, Cryptocurrencies |
| 👨💼Account Types | Razor account Standard account Demo account Islamic account |
| 🖥️Trading Platforms | TradingView MetaTrader 4 MetaTrader 5 cTrader Capitalise.ai |
| 💳 Deposit and Withdrawal Options | Visa Mastercard Bank transfer MPESA PayPal Bpay Neteller POLi Skrill China UnionPay |
| ☎️Customer Support | 24/7 multilingual support |
| 📍Focus | Razor-sharp spreads, deep liquidity, caters to various experience levels |
| 📌Important Note | CFDs are complex instruments and carry the risk of losing more than your initial deposit due to leverage. It's crucial to understand the risks involved before trading CFDs. |
| 🚀 Open an Account | 👉 Open Account |
Cash Back Rebates
| 🔎 Range of Markets | 🥇 Edge Standard | 🥈 Edge Razor |
| 📈 Forex | Monthly Cash Back 0.328 Pips FX Major 0.41 Pips FX Others or Paid Direct to Broker Account 0.24 Pips FX Majors 0.30 Pips FX Others + Monthly Cash Back 0.088 Pips FX Majors 0.11 Pips FX Others | Monthly Cash Back 1.24 USD 1.15 AUD 0.86 EUR 0.76 GBP 1.09 CHF 1.15 CAD 1.50 SGD 1.57 NZD 9.29 HKD 100.14 JPY or Paid Direct to Broker Account 12.857% of Commissions Paid + Monthly Cash Back 3.64% of Commissions Paid |
| 📌 Other | No Rebates Paid | No Rebates Paid |
| 💰 Get Cash Back | 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Fast Account Opening | Mostly CFDs Offered |
| Excellent Customer Support | Basic MetaTrader Platform |
| Negative Balance Protection | No Managed Accounts |
Cash Back Rebates – How Does it Work?
Pepperstone only pays rebates for Forex Trades.
In order to remain an active member of the Pepperstone Rebates Program the traders must meet the volume requirements over a 3-month period. Interested parties can join the Pepperstone Cash Back Rebate program by contacting Pepperstone customer support.
10. ThinkMarkets
ThinkMarkets is a premium multi-asset online brokerage that offers access to 4,000 products, low spreads across multiple markets, and an award-winning platform.
ThinkMarkets Forex rebates reduce the spread or transaction cost paid by a trader on every trade.
Rebates paid by ThinkMarkets are offered in 3 forms – spread and commission reductions, daily trading account deposits, and monthly cash payments via bank wire, Paypal, Skrill, and others.
ThinkMarkets Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.
Featured
| 🔎 Broker | 🥇 ThinkMarkets |
| 💰 Minimum Deposit | $0 USD |
| 🆓 Demo Account | ✅ Yes |
| ☪️ Islamic Account | On Request |
| 📌 Joint Account | On Request |
| 4️⃣ MetaTrader4 | ✅ Yes |
| 🤝 Live Support | ✅ Yes |
| 💸 Commission | Variable |
| 🔁 Spreads from | 0 Pips |
| 📊 Leverage | 500:1 |
| 📈 Max Trade Size | 50 - 100 Lots |
| ❤️ Account Manager | Selected Accounts |
| 💻 ThinkTrader®️ | ✅ Yes |
| 🚀 Open an Account | 👉 Open Account |
ThinkMarkets Cash Back Rebates
| 🔎 Range of Markets | 🥇 Standard | 🥈 ThinkZero | 🥉 Standard ThinkTrader |
| 📈 Forex | $4.51 per Lot | $1.88 per Lot | $3.53 per Lot |
| 📊 Oil / Energies | Up to $2.0617 per lot | Up to $2.0617 per lot | Up to $2.0617 per lot |
| ⚙️ Metals | XAUUSD $5.15 per Lot XAUUSDmini $0.51 per Lot XAGUSD $28.99 per Lot XAGUSDmini $2.899 per Lot | Gold $0.625 per Lot Silver $3.125 per Lot | XAUUSD $5.15 per Lot XAUUSDmini $0.515 per Lot XAGUSD $28.99 per Lot XAGUSDmini $2.899 per Lot |
| 📉 Indices | Up to $2.0617 per lot | Up to $2.0617 per lot | Up to $2.0617 per lot |
| 🪙 Cryptocurrencies | Up to $5.66 per lot contract | Up to $5.51 per lot contract | Up to $5.66 per lot contract |
| 💵 Payment Options | Monthly Cash Back - Real Time Reports | Monthly Cash Back - Real Time Reports | Monthly Cash Back - Real Time Reports |
| 💰 Get Cash Back | 👉 Open Account | 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Regulated by FCA (UK), ASIC (Australia), and FSCA (South Africa) | Fewer assets compared to some competitors |
| Offers Standard, ThinkZero, Islamic, and Demo accounts | Spreads can widen during high volatility |
| $0 for Standard account, $500 for ThinkZero | Fees may apply for international bank transfers |
| Competitive spreads, especially on ThinkZero accounts | Educational materials are not as extensive as some competitors |
| Available for retail accounts | Standard stop-loss orders can experience slippage |
| Access to MT4, MT5, and ThinkTrader | Charges an inactivity fee after 12 months |
| For high-volume traders | Fewer research tools compared to larger brokers |
| Up to 500:1 (depending on jurisdiction) | Limited local customer support in some regions |
| Offers a robust affiliate program | Limited availability of cryptocurrency trading options |
ThinkMarkets Cash Back Rebates – How does it work?
When a trader chooses to link their new or existing ThinkMarkets trading account via the referral link, the broker will pay the referring site a volume-based commission for every trade placed. This in turn will be paid back to the client in part.
Best Forex Trading Strategy for 2025
One of the best forex rebate trading strategies is to trade with a broker that offers rebates on a wide range of instruments and with no minimum trading requirements.
This allows traders to earn rebates on their trades regardless of the size of the trade or the type of instrument they are trading.
Another strategy is to focus on trading instruments that offer higher rebates. For example, some brokers may offer higher rebates on certain currency pairs or certain types of trades, such as options or futures.
Traders can also consider using a forex rebate service, which acts as an intermediary between the broker and the trader and can help to maximize the rebates earned.
It is important to keep in mind that while forex rebates can be a useful tool for traders, they should not be the sole focus of a trading strategy.
It is important to have a well-rounded and disciplined approach to trading, including considering factors such as market conditions, risk management, and trade size.
Comparison table vs other cashback providers
| 🔎 Broker | 🥇 Exness | 🥈 Avatrade | 🥉 HF Markets | 🏅 Tickmill | 📌 XM | 📍 RoboForex | 📌 IC Markets |
| 🔥OUR OFFER | |||||||
| 1️⃣ CashbackForex.com | 20% of the Spread | 20% Of The Spread | $4.00 Per Lot | $7.75 Per Lot | $5.5 Per Lot | 20% of the Broker Revenue | 0.20 - 0.30 Pips |
| 2️⃣ FXRebate.eu | 25% of the Spread | 60% of pip value | $7.75 Per Lot | 30.00% of paid spread | $3 per Lot | ||
| 3️⃣ PaybackFX | Up to $6.19 | 30% Of the Spread | $4.5 Round Turn Lot | $1.5 Round Turn Lot + 5% Commission Reduction | Up to $18.75 Round Turn Lot | 37.5% of broker's Commissions | Up to 0.409 Pips / Round Turn Lot |
| 4️⃣ Forexsuggest.com | |||||||
| 5️⃣ Premiumtrading.co | 32% of the Spread | 28% of the Spread | $6.40 per Lot | $8 per lot | $8 per lot | 48% of Broker Revenue | $4.00 per lot |
| 6️⃣ Rebatekingfx | 32% of the Spread | 31% of the Spread | $6.80 per Lot | $8.50 USD per Lot / 0-100 Lots $8.70 per Lot / 100 - 500 lots $9.00 per Lot / 500 Lots + | 0 - 90 Lots $9.00 per Lot 90 - 180 Lots $9.15 per Lot 180 Lots + $9.30 per Lots | 48% of the Broker Revenue | 48% of the Broker Revenue |
| 🚀 Open an Account | 👉 Open Account | 👉 Open Account | 👉 Open Account | 👉 Open Account | 👉 Open Account | 👉 Open Account | 👉 Open Account |
To find the best forex rebate for you, it is important to consider the following factors:
- The broker’s reputation and reliability: Choose a reputable and trustworthy broker to ensure that you are getting a fair and transparent deal.
- The size of the rebate: Look for a broker that offers a competitive rebate, as this can significantly reduce your trading costs.
- The terms and conditions of the rebate: Make sure to read the fine print and understand any restrictions or limitations on the rebate, such as minimum trade volumes or expiration dates.
- Other trading conditions: Consider the broker’s spreads, commissions, and other trading conditions, as these can also affect your overall trading costs.
It is also important to note that while forex rebates can be a useful tool for reducing trading costs, they should not be the only factor considered when choosing a broker.
It is important to carefully research and compare brokers to find the one that best meets your needs and trading style.
| ✅ Pros | ❌ Cons |
| Forex rebates can provide a convenient way for traders to earn back a portion of the trading fees that they incur. | Some forex brokers may not offer rebates, which can limit a trader's options. |
| Rebates can help to offset some of the costs associated with trading, such as spreads and commissions. | Rebates may not be available on all types of trades or may only be offered on certain instruments. |
| Rebates can be a useful tool for traders who are looking to maximize their profits. | Some brokers may only offer rebates to certain types of traders, such as those with high volume or a certain level of activity. |
Conclusion
The best cashback Forex rebate broker programs enable traders to boost their profitability because they provide funds that return part of their trading expenses.
Volume traders along with traders who execute many deals find these rebate programs exceptionally useful because they produce substantial cost reductions.
Rebate forex brokers that maintain transparency regarding their rebate structures use fast payout systems and avoid trading quality degradation constitute the best category of choice.
The rebate programs provided directly by brokers or through third-party providers represent an approach that any trader should consider because they use trading participation to deliver real financial rewards.
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Disclaimer
Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the initial deposit of the trader.
Traders need to ensure that they understand their risk exposure and determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital.
Frequently Asked Questions
What are forex rebates?
A Forex Rebate is a small deduction from an amount to be paid or the return of a part of an amount given in payment.
How does the SA Shares cashback rebate work?
SA Shares makes multiple affiliate links available to users who which to open an account or transfer an existing account to a Forex Broker who offers Cash Back Rebates. By using the affiliate link and following the steps set by the chosen broker, the user will qualify for Cash Rebates.
How can I promote brokers to make rebate affiliate commissions?
Most Forex Brokers will make a Partnership or Affiliate option available in the form of an Introducing Broker program. An IB will receive a referral link that can be shared with family, friends, and potential traders in order to earn rebates.
Which forex brokers give forex rebates?
Aside from the top 10 Forex Brokers with Rebate Programs listed in this article, a large number of additional service providers will make rebate programs available.
In order to select the best rebate offer, traders must compare Forex Brokers and consider factors such as rebate amounts paid to traders, rebate per lot, pip rebate and to see how much rebate can be earned via a Rebate Calculator.
Which forex broker gives the highest cashback rebates?
According to research, Exness offers the highest Cash Back Rebate.
Which forex rebate trading strategy is the best for beginners?
The best Forex Rebate Trading Strategy for Beginners is to select a Broker that not only offers a profitable rebate program but also makes account options available that only require a minimal first deposit.
I’m an existing Forex trader, how can I transfer my account to earn rebates?
Each Broker will have its own method of Transfer. Once a new Broker with Rebate Options is selected, customer support can be contacted to assist.
