Newbie to trading, so just starting to figure out this trading jungle. I signed up with two brokers, Alpari and FXCM. Later I found this site:
forexcashback.info
It looks like this would save me some $100s a month.
I do not understand why you'd want to use a third party for getting rebates, when many brokers offer rebates for their customers. I get 0.5 pip per lot traded from my broker Forex-metal. Frankly, all these third party rebates sound suspicious to me..
The best forex cashback company is the one who give back more rebate to its customers in addition to a good service. In my experience there so far only F1cashback which has higher forex rebate and very good support than most other companies.
FXCM is not the only Metatrader Broker connected to Cashback Forex. You can also claim a discount from the following brokers: eToro, Gallant FX, Dukascopy, PFG Best, Marketiva, Liteforex, Alpari UK,Fxopen, Avafx, Alpari US and Tadwul FX.
How about UFX Bank? I prefer them because of their tranparent policies and great recommendations.
Even I have heard a lot about www.ufxbank.com I am currently trying their demo account and feel that they are providing a good trading platform. Worth giving a try.
I believe, it is better to trade with your broker and wait for their rebates. I didn't use any third party services. I am doing it and I have no problem so far.
As far as I know my broker - Forex Metal - offer a rebate promo for all the new customers. IMO that might be reasonably profitable, especially if you are a scalper.
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