Best Forex Rebate Brokers: Lower Your Trading Costs
In forex trading, every pip you pay in spreads and every dollar of commission eats into your results. That is why traders look for brokers with low spreads and competitive commissions. A forex rebate goes one step further: it returns part of what you pay in trading costs back to your account, so the trades it covers cost you a little less.
Rebates come in two forms. Some are run by the broker itself as a promotion or a loyalty program. Others come from the broker’s partners, who share part of the commission they earn on your trading with you. In this article, we look at the best forex rebate brokers and explain how each rebate works, who can get it and how to claim it. Let’s begin.
| Broker | Rebate | Paid | How to get it |
|---|---|---|---|
Exness | 35% of our partner commission | Daily, no end date | Partner code i5i10zputd + one email |
RoboForex | 33% of our partner commission | Daily, no end date | Partner code robowelcome + one email |
XM | 30% of our partner commission on forex | Automatically, no end date | Partner code REBATES30 at signup |
Pepperstone | 10% of eligible trading costs | Daily, for 30 days | Opt in with a live Razor account |
XTB | Personalised cashback | Monthly | 15+ lots, accepted individually by XTB |
| $2 to $10 per million on forex | Monthly | Active Trader: $10,000 deposit or tier 1 volume |
Exness
Exness traders who register with our partner code i5i10zputd receive 35% of the commission Exness pays us on their trades, credited to their trading account every day. TradingBeasts has been an official Exness partner for over 6 years, and the Exness rebate is how we share what we earn with our readers.
The commission behind the rebate comes from both the spreads and the commissions you pay, and it applies on all five Exness account types: Standard Cent, Standard, Pro, Raw Spread and Zero. So whichever account you choose and however you are charged, part of your trading costs comes back to you. The rebate is real money in your trading account, not a bonus with trading conditions attached, and it has no end date for as long as your account stays under our partner code.
Getting it takes two steps. New traders enter the Exness partner code i5i10zputd during registration. Existing Exness clients can ask Exness support to reassign their account under our partner code. Either way, you then send us your Exness account ID by email, and we switch on the 35% daily rebate. The rebate is not applied automatically, so this one time email is required.
What Exness Offers
Exness is a long established broker offering over 250 CFDs on forex, cryptocurrencies, stocks, energies, metals and indices. Trading runs on MetaTrader 4, MetaTrader 5 and the Exness Terminal.
Your capital is at risk. Leveraged products may not be suitable for everyone.
Rebates subject to availability.
RoboForex
RoboForex traders whose account is linked to TradingBeasts receive a 33% rebate on the partner commission their trading generates, paid into their trading account every day for the lifetime of the account. For every $10 of partner commission your trading produces, $3.30 comes back to you.
The RoboForex rebate applies on the Pro, ProCent, ECN and Prime accounts, so both commission free and raw spread pricing qualify. It covers CFDs on forex pairs, metals, energies, indices, stocks and cryptocurrencies, and it is available for accounts held with RoboForex Ltd. Because it is funded from our partner revenue, it runs independently of RoboForex’s own promotions such as the $30 Welcome Bonus and its cashback and VIP programs.
New clients enter our RoboForex partner code robowelcome during registration. Existing clients can ask RoboForex support or its Partnership department to move their account under the code, which needs RoboForex’s approval and takes a little longer. In both cases, the last step is emailing us your RoboForex account number, and we switch on the 33% rebate, normally within one working day.
What RoboForex Offers
RoboForex opened in 2009 and stands out for its range: more than 12,000 tradeable instruments spanning CFDs on currencies, single stocks, indices, commodities, ETFs and crypto. Charting and execution run through MetaTrader 4 and MetaTrader 5.
Your capital is at risk. Leveraged products may not be suitable for everyone.
Rebates subject to availability.
XM
XM traders who register with our partner code REBATES30 receive a 30% rebate on every forex trade, credited automatically to their trading account once it is verified and funded. The XM rebate is 30% of the commission XM pays us, and as a long standing XM partner on its highest tier, our commission rate is among the best XM offers.
Unlike the Exness and RoboForex rebates, there is nothing to activate. No email, no form and no waiting period: you enter the code in the partner code field of the XM registration form, verify and fund your account, and the rebate starts with your first forex trade. It applies to all forex pairs on the Standard and Ultra Low accounts, with no minimum volume and no end date. The code has to be entered when you open the account, because XM does not attach partner codes to existing accounts. We explain each step of the registration in our XM partner code guide.
What XM Offers
XM was founded in 2009 and offers more than 1,400 CFDs across forex, indices, commodities, metals, energies, stocks and crypto. Trading runs on MetaTrader 4, MetaTrader 5 and the XM App, and accounts start from a $5 minimum deposit.
Both rebate eligible accounts charge no commission on forex. The Standard account offers spreads from 1.6 pips on major forex pairs, while the Ultra Low account offers spreads from 0.8 pips on major forex pairs.
The XM rebate is offered through XM Global Limited, regulated by the Financial Services Commission in Belize.
Your capital is at risk. Leveraged products may not be suitable for everyone.
Rebates subject to availability.
Pepperstone
Pepperstone runs a 30 day CashBack Rebate promotion that returns 10% of eligible trading costs on qualifying trades made during the campaign period. The rebate is calculated daily and applied to your account automatically, so there is nothing to claim manually. For example, $200 in eligible trading costs would mean a $20 rebate, although your actual rebate depends on the eligible costs Pepperstone calculates under the promotion’s terms.
To take part, you need a live Razor account, and you must be an eligible client of the relevant Pepperstone entity. Whether retail clients qualify, or only Pepperstone Pro clients, depends on the entity your account is held with. The promotion is open to existing clients as well as new ones, is limited to one claim per household, and cannot be combined with other Pepperstone promotions. Pepperstone recommends a $200 deposit to get the most out of the offer, but this is a recommendation rather than a requirement.
The rebate applies to all forex pairs and to a selected list of metals, energies, index futures, cash indices and cryptocurrencies. We list the eligible instruments and the full eligibility rules in our Pepperstone rebate guide.
What Pepperstone Offers
Pepperstone is an established global forex and CFD broker known for competitive trading costs and fast execution. It offers more than 1,400 instruments, including CFDs on forex, indices, shares, commodities, ETFs and cryptocurrencies, on MetaTrader 4, MetaTrader 5, cTrader, TradingView and the Pepperstone Trading Platform.
Pepperstone is regulated by several financial authorities, including the SCB in the Bahamas, the CMA in Kenya and the DFSA in Dubai, among others.
Your capital is at risk. Leveraged products may not be suitable for everyone.
Terms and conditions apply.
XTB
XTB offers cashback to high volume traders through a loyalty program, but its availability depends on the client’s country of residence and the XTB entity their account is held with. Where the program is available, XTB cashback returns a percentage of your trading costs on selected instruments: on the Standard account it is based on the spread you pay, and on the Pro account on the commission. Basic account turnover does not count.
To qualify, you need a trading volume of at least 15 lots, not counting stock and ETF CFDs. Joining is not automatic. You register your interest through XTB’s dedicated page, by email or with your account manager, and XTB decides individually who is accepted and at what rate. Cashback is calculated monthly on positions closed that month and credited to your trading account within 7 days after the month ends, provided you met the volume requirement. XTB can change the cashback values or end the program at any time.
What XTB Offers
XTB offers over 12,000 instruments in total, including CFDs on forex, commodities, cryptocurrencies, indices, stocks and ETFs, as well as real stocks and ETFs. Trading runs on its proprietary xStation platform, which is known for its ease of use and advanced charting features.
The Standard account offers spreads from 0.8 pips on major forex pairs, with no commission. XTB’s international clients are served by XTB International Limited, regulated by the FSC in Belize.
Your capital is at risk. Leveraged products may not be suitable for everyone.
Rebates subject to availability.
Forex.com
Forex.com is a large global broker and part of StoneX Group. Its cash rebates are one of the benefits of the Active Trader program, which pays rebates per million traded based on your monthly volume in each asset class. For example, forex traders with a monthly volume between $10 million and $25 million earn $2 per million, rising in six tiers to $10 per million above $500 million. Indices, commodities, metals, crypto and equities each have their own tiers.
New clients qualify by funding their account with at least $10,000 or by trading the tier 1 minimum in an asset class within a calendar month. Existing clients keep their Active Trader status by trading at tier 1 or higher over the quarter or by holding an average account balance of at least $25,000. Rebates are credited to your account at the start of the following month, usually within two business days, and can be withdrawn or used for trading.
What Forex.com Offers
Forex.com offers CFDs on forex, stocks, indices, cryptocurrencies, commodities and precious metals. The Standard account runs on the Forex.com web platform and TradingView, and there is a dedicated MetaTrader account for MetaTrader 5 with no commission.
For tighter pricing, the RAW Spread account offers spreads from 0.0 pips on major forex pairs, with a commission of $5 per $100,000 traded, on the Forex.com platforms and MetaTrader. Forex.com’s global clients are served by GAIN Global Markets Inc., regulated by the Cayman Islands Monetary Authority.
Your capital is at risk. Leveraged products may not be suitable for everyone.
Rebates subject to availability.
Closing Remarks
Forex rebates are a simple way to lower your trading costs. Partner rebates such as our Exness, RoboForex and XM offers return a share of the partner commission with no end date, while broker run programs like Pepperstone’s 30 day cashback, XTB’s loyalty cashback and the Forex.com Active Trader program reward eligible or high volume traders directly. Keep in mind that rebate programs and their terms can change over time, so always check the latest conditions with the broker before opening an account.
Most importantly, a rebate lowers what trading costs you, but it does not make a broker the right choice. Judge the trading conditions on their own merits first, then treat the rebate as what it is, a discount on top.
Top-Tier Trusted Brokers
The table below contains links to 3rd party websites of our top partners from whom we receive compensation at no additional cost to you.