10 Best Cashback Forex Rebate Broker Programs

  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.      

   

Forex Rebates - A Definition

Forex rebates are cashback rewards that traders receive for executing trades through a broker. They reduce trading costs by returning a portion of the spread or commission. Ideal for active traders looking to save on transaction fees.

 

🏆10 Best Forex Brokers in South Africa

10 Best Forex Rebate Comparisons in 2026

 

10 Best Forex Brokers Cashback Rebate Programs (2026)

1. Exness - Best Forex Rebate of Up to 30% for new and existing Traders
2. AvaTrade - Overall, Best Rebate Program up to 30% commission
3. HF Markets - Most Profitable Rebate Conditions
4. Tickmill - Rebate per Trading Volume
5. XM - Highest Rebate Rate for 2026
6. RoboForex - Best ECN forex brokers with Rebate
7. IC Markets - Exclusive Discount Rebate Service
8. Oanda - Advanced Trader Account with Rebate Offer
9. Pepperstone -  Active Trader program
10. 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.  

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.

 

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Cash Back Rebates

 

Pros and Cons

 

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. AvaTrade Cash Back Rebates will be paid per round lot unless stated otherwise. 1 Lot = 100,000 base currency units traded.  

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.

 

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Pros and Cons

 

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.  

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.

 

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Pros and Cons

 

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.  

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.

 

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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.  

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.

 

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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.  

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.

 

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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.  

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.  

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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.  

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).

 

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9. Pepperstone

  Pepperstone was founded in 2010 in Melbourne, Australia, and processes an average of US$12.55 billion 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.  

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.  

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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.  

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.  

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ThinkMarkets Cash Back Rebates

 

Pros and Cons

 

Best Forex Trading Strategy for 2026

• 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

 

To find the best forex rebate for you, it is important to consider the following factors:

1. The broker's reputation and reliability: Choose a reputable and trustworthy broker to ensure that you are getting a fair and transparent deal.
2. The size of the rebate: Look for a broker that offers a competitive rebate, as this can significantly reduce your trading costs.
3. 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.
4. 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.  

 

 

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AvaTrade ReviewExness ReviewHF Markets ReviewTickmill ReviewXM Review

 

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 wish to open an account or transfer an existing account to a Forex Broker that 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.  

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