Venturing on Forex | InstaRebate

Imagine you're in the grocery and after you're done paying to the cashier, they would tell you that they would return some of your money back. Wouldn't it be nice? InstaForex has this kind of system.

The InstaRebate system is a system that returns a part of the broker's commission to the trader. Although it had caught into my attention that other brokers also has this kind of system, Instaforex has the highest rebate among existing online brokers. A trader would only need a real trading account, replenished for a certain amount, to be entitled to this kind of service.

In InstaRebate, a trader shall get 1.5 points for each closed deal whether if it is profitable or not. Even if you lose, you still sold or bought deals of a certain volume. Consequently, you are still entitled to a rebate. An InstaRebate partner is also entitled 1 point for each profit or loss operation of his/her referral.

However, it should be noted that the point cost depends on the currency pair. The rebate sum is always proportional to the volume of a trade carried out. To calculate the cost of one point, please use the forex calculator. It is also should be noted that the InstaRebate is available for all types of accounts, including PAMM accounts, but the calculation in Cent accounts differ when compared to the Standard accounts.

InstaRebate in simple terms is the reimbursement of the amount that you had paid to your broker for conducting your transaction.