Pepperstone cashback
Industry-leading Pepperstone rebates! Get cashback on a portion of the transaction cost at the most trustworthy provider today.
Notes
12.857% of commissions paid are based on account currency: 0.97USD, 0.90AUD, 0.93CHF, 0.67EUR, 0.59GBP, 7.25HKD, 78.10JPY, 1.22NZD, 0.98SGD.
Rebate is converted to USD upon trade close.
Rebates are not paid for:
- Accounts registered with: CySEC, German BaFin entities
- Residents of Japan, Mainland China, France, Belgium
- Islamic, Spread Betting or Active Trader accounts
- EU and UK retail accounts
What are Pepperstone cashback?
Pepperstone 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 Forex rebates truly reduce the costs of the transaction and improve their bottom line.
How do Pepperstone cashback 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.
Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.
How much Pepperstone cashback can I earn?
Use our forex rebate calculator to estimate your Pepperstone rebate earnings:
Are Pepperstone cashback a scam? Do my spreads increase?
Pepperstone rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why it’s important to choose a reliable provider.
When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.
Are there any other benefits to signing up for Pepperstone cashback?
It depends on the rebate provider. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.
How is Pepperstone forex cashback 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 option offered by some of our top brokers. |
In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.
FAQs
Cashback is typically calculated as a percentage of the commissions you pay to your broker. The exact percentage may vary based on the broker and your trading volume. You can find a cashback calculator on every broker detail page.
All traders are eligible for this program. You only need a trading account with one of the participating brokers. Whether you’re a scalper or into carry-trade, a seasoned trader or just starting out, this service will allow you to save in broker commissions and maximize your potential returns.
A variety of popular brokers participate in the cashback program. You can pick the one that suits you best from more than 50 options, including Forex and CFD brokers. Find the complete list on our website.
There are no fees for the trader to participate.
The way FXStreet Trader Cashback works is: The broker pays a referral fee to the cashback provider for referring each trader. The cashback provider then shares most of this referral fee with the trader in the form of a rebate or cashback. This is how the trader earns money for using the broker's services. The cashback provider keeps a commission from the referral fee paid by the broker as their revenue for operating the program.
Importantly, the trading conditions for the trader, such as spreads and commissions, remain unaffected. The cashback is an additional benefit on top of the standard trading terms. So, in summary, this type of cashback or rebate program is free to use for the trader.
No, never. We make sure the trading conditions for the trader are not changed. Spreads and commissions remain unaffected. The cashback is a net gain for the traders joining the program.
Cashback is credited to your account on a monthly basis. Payments are automatically sent by the 12th day of each month for trades where cashback has been earned between the first and last day of the previous month. You can then withdraw it or use it to enhance your trading capital.
If you have any other questions, our customer support team is available to assist you.
If you have any other questions, our customer support team is available to assist you.
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