When you trade with one of our partner brokers and have a verified trading account in your rebates profile with us, your trading activity will be eligible for rebates and will be accumulating cashback.
Cashback rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
We offer different types of rebates options, and every type of cashback is processed differently:
- Spread or commission reduction: Offered directly by the broker, on your live trading account, you'll trade on lower spreads/commissions.
- Direct to broker account (after $5): Offered directly from the broker, the cashback is credited directly to your trading account daily when accumulated earnings exceed $5.00.
- Direct to broker account (Daily): Managed by your broker, the cashback is credited directly to your live account daily.
- Paid direct to your broker account: Handled by the broker, the cashback is credited directly to your trading account 1-7 days after the trade is closed.
- Direct to your XM MyWallet (2x weekly)*: Cashback is credited directly to your XM MyWallet. Trading for Friday to Monday is credited the following Thursday. Trading for Tuesday to Thursday is credited the following Tuesday). *Only applicable to the XM broker.
- Monthly cashback: Managed by us. The payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. The rebates will be credited to your account with us and withdrawn at any time via several payment methods available on our website (including crypto).
- Monthly cashback with real-time reports: Also processed by us and is similar to the monthly cashback option above.
In particular, for the "Monthly cashback" options, offered and managed by us, you can always check your balance to see the accumulated rebates from your trading activity.
Log in with your credentials, go to Dashboard and then click My Rebates. This action will open the rebates window of your dashboard, and right at the top, you will see your cashback balance.
In regards to monthly cashback, managed by us, we start processing your cashback rebates at the end of each month, and processing them can go up to the 12th of the following month. As soon as everything is accounted for, the cashback is credited and sent automatically to your dashboard.
The balance will be available for you to withdraw via e-wallet, bank transfer and even crypto. When you open a rebates profile with us, make sure to add a payment method to your rebates profile to receive your cashback without delays.