What Are Firewood FX Rebates?

Firewood FX rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips. Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Firewood FX rebates truly reduce the costs of the transaction and improve their bottom line.

How do Firewood FX rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Benefits of Choosing Us

How are forex rebates paid?

Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:

Forex rebate options vary per broker:

• Monthly cash back

  Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.

• Spread or commission reduction

  The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers.

• Paid direct to brokerage account

  Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers.