The broker RoboForex, a company specialized in financial services with Forex, precious metals and CFD, offers a promotion to all its customers that consists of a cashback promotion (Forex cash rebates), which is based on the volume traded by the client each month. It is a service that allows customers to reduce the spread costs on all types of trading accounts.
This service is permanent and available to all traders who have Cent, Standard or ECN accounts.
RoboForex Forex Cash Rebates Terms and Conditions
- Rebates are calculated based on the monthly transaction volume of the closed positions in a trading account.
- This service is available for all accounts based on the Metatrader 4, cTrader and Metatrader 5 platforms.
- Payments are made on the first day of each month.
- The trader can find detailed information about his trading volume in the “Your Rebates” section of his real account.
- In the strict sense, the rebates received by a customer do not constitute a bonus offer and therefore there are no special conditions for this money, therefore the trader can use them in the way he deems convenient.
- The amount of the rebates depends directly on the monthly transaction volume of the closed positions in the trading account. The levels are as follows:
|Level||Volume in lots||Cent accounts (for 1 lot)||Standard accounts (for1 lot)||ECN accounts (por 1 lote)|
|Trader||from 100 to 3000||0.1 cents USD||1 USD||1 USD|
|Expert||from 3000 to 10000||0.5 cents USD||2 USD||2 USD|
|Pro||from 10000||1 cent USD||3 USD||3 USD|
-Only closed positions in all currency pairs are taken into consideration when calculating trading volume. The calculation starts from 00:00:01 on the first day of each month.
Example: During the previous month the transaction volume in a standard account was 3100 lots. This equals to the Expert level. In this case the amount of rebates that must be transferred to the trader’s account on the first day of the current month is as follows: 3100 lots x $2 = $6400 USD.
You can obtain more information and access this promotion of RoboForex by entering the company website through the following link: