MYFX Markets Forex Rebates
Cash rebates are paid per closed position unless otherwise stated. 1 lot = 100,000 units of the base trading currency
| |
Standard |
Pro |
| Commission | - | AUD$7.00 Per Lot |
| Maximum leverage | 500:1 |
| Mobile Platform | MT4 Mobile |
| Trading Platform | MT4 |
| Spread Type | Variable Spread |
| Minimum Deposit | 200 | 1000 |
| Minimum Trade Size | 0.01 |
| Trailing Stops |  |
| Scalping Allowed | |
| Hedging Allowed | |
| Islamic Accounts |  |
What is itMYFX Marketsrebate?
Forex rebates are part of the cost of trading and are returned to the client for each trade, thus lowering the spread and increasing the profitability. For example, if your rebate is 1 pip and your spread is 3 pips, then your net spread is only 2 pips.
Many traders initially thought they would have to pay higher fees elsewhere to be compensated for their trades, but they soon realized that this was not the case, and that the forex rebate really lowered the cost of trading and increased their expected bottom line.
MYFX MarketsHow Rebates Work
We then share the majority of our revenue with you, paying you a rebate on each trade as a thank you for trading through us.
Unlike some of our competitors, your spreads will never increase after using our service!The only difference is: as our client you will get extra cash from every trade. Trading through us is much more profitable than trading directly from a broker with a trading account. Founded in 2007, we are the original and industry leading provider of Forex rebates. We pay trading commissions to over 100,000 accounts and traders love our 24 hour live chat, phone and email support.
Calculate your rebate
Will I be charged more spreads or commissions？
Never! In case of doubt, we recommend you to check directly with your broker.
Can I get a rebate for losing trades？
Can I get a rebate for losing trades？
yes
