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Rebate program is something that can be very helpful and many traders have started using it. Do you think this is the solution to overcome losses? I believe that if we want to be successful then we need to be very careful with how we work. I work under OctaFX and through them, it’s very easy to work due to wide range of features that counts rebate program too helping us gain up to 50% back on all trades which includes losing one too.
Rebates indicate to lower your trading costs through it. Forex rebates are cash back schemes offered by affiliates and other FX referral services that provide an incentive for traders to earn a refund on the spreads and commissions paid to a Forex broker. Trader12 organize rebate program and offers the lowest spread like 0.1 and flexible margin level with high leverage like more than 1:400. It can be a better solution for reducing losses.