Dukascopy - How to get monthly rebate on your forex trading with Dukascopy
Dukascopy is one of the most established and trustable Forex Brokers on the market. Dukascopy is regulated under the Financial Services Authority. With Dukascopy you can trade with the Metatrader 4 trading platform. This trading platform is among the most widely used platforms in forex trading. It has several advantages. For example, by using so called Expert Advisors you can trade forex automatically even when you sleep. Forex Megadroid, FAP Turbo and Forex Shocker is among the most popular Expert Advisors that you can use if use Dukascopy. Dukascopy makes money on spreads and commissions. When your turnover is very large, your broker make a lot of money from your trading. Is there a way to get a discount or cashback on all this money your broker is making from your trading?
Yes there is! Take a look at the following calculation example:
Assume that you open an account with Dukascopy, which offers 40% discount per roundtrip lot traded. One pip equals about $10 on average if you trade EURUSD, EURCHF and EURGBP. Lets say that you deposit $5000 on the account. Our estimate is that you will turn over about 20 Lots per $1000 per month on your account when using FAPTurbo and Megadroid. Assume that your turnover is 100 lots per month on your $5000 account.
Your monthly cash rebate during the first month would then be:
0.4 x 10 x 100 = USD 400
Your annual ROI would then be (400x12/5000) about 100% per year, only from the cash rebates.
This is a very conservative figure since it does not take any compounding at all into regard and assumes zero growth from expert advisors. Assuming a monthly growth rate of 20% you could make $6000 per year from this program only. The good thing with this program is that you make money bas on your volume, not only on your win rate.
It is 100% free to sign up and your spreads or commission remains the same after joining this program so there is really no reason why not to join. It is simply just money waiting to be collected by you!
Dukascopyis not the only broker that is connected to Cashback Forex. You can also claim a cashback from the following brokers: Alpari UK, Avafx, Dukascopy, Etoro, FXCBS, FXCM, FXDD, Fxopen, Fx Pro, GallantFX, Go Markets, Liteforex, Marketiva, Tadawul FX, X Forex
If you are a forex trader, sign up for this program today and start to take advantage of the cashback system and get some money back from the brokers.
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