5 Best cashback forex rebate programs for UK traders
UK traders, however, can find respite in cashback Forex rebate programs thoughtfully extended by a range of brokers.
These programs allow traders to reclaim a portion of their spread or commission, effectively cutting trading expenses.
In this insightful post, experts Trading Rebates thoroughly explore what they say are the five most exceptional cashback Forex rebate programs, all regulated and approved by the esteemed Financial Conduct Authority (FCA) to cater to UK traders.
HFM
HFM, a reputable Forex broker, offers traders an enticing rebate program. With their Forex cashback service available on flexible trading accounts, HFM provides up to $4 per lot for Forex and commodities trades and up to $0.50 per contract for indices, energy products, and shares.
This makes HFM the ideal choice for busy traders dealing in various assets. Furthermore, HFM is regulated by the FCA (Financial Conduct Authority), ensuring a secure and reliable trading environment specifically tailored to UK traders' needs.
Boasting a diverse range of trading instruments and user-friendly interface options, HFM emerges as one of the leading alternatives among UK traders seeking profitable opportunities through Forex rebates
Blackbull Markets
Blackbull Markets is a New Zealand-based Forex broker that serves traders all around the globe, including the United Kingdom. The broker is well-known for its aggressive rebate program, which pays traders depending on trading volume.
On Forex, Gold, and Silver, Blackbull Markets provides a $4 US Dollar rebate for each lot traded on a Standard account and a $2 US Dollar rebate per lot traded on a Premier account. The FCA regulates Blackbull Markets, assuring a safe trading environment.
Blackbull Markets is a favourite alternative for many UK traders looking to profit from Forex rebates due to its extensive variety of trading instruments, modern trading platforms, and good customer support.
BDSwiss
BDSwiss is a major Forex and CFD broker that provides traders with a lucrative rebate program. BDSwiss provides Forex cashback on five different trading accounts, up to $4.20 per lot on Forex.
According to BDSwiss, traders could receive bigger transaction rebates based on their trading volume. The FCA regulates BDSwiss, guaranteeing UK traders a safe and dependable trading environment.
Furthermore, BDSwiss stands out as a top alternative for UK traders looking to profit from Forex rebates due to its extensive variety of trading products and user-friendly interface.
FXTM
FXTM, a globally acknowledged Forex broker, offers traders an enticing rebate program. Traders can enjoy Forex cashback on three distinct trading accounts with commission rebates of up to 25% or receive up to $5 per lot traded in the Forex market.
By partnering with FXTM, traders have the potential to earn impressive profits of up to 80% on their transactions. The Financial Conduct Authority (FCA) diligently regulates FXTM's operations, enlisting trust and reliability for UK-based traders within a secure trading environment.
With its extensive range of trading products and user-friendly interface, FXTM proves particularly desirable among UK investors looking for advantageous opportunities through lucrative Forex rebates
Exness
Exness is a well-known Forex broker with a lucrative rebate program for traders. Exness provides a Forex payback of up to 20% of the spread or up to $100 per lot on five trading accounts. According to Exness, traders could receive up to 100% back on their transactions.
The FCA regulates Exness, guaranteeing UK traders a safe and dependable trading environment. Exness stands out as a top alternative for UK traders looking to profit from Forex rebates due to its extensive variety of trading products and user-friendly interface.
Our Final Thoughts
In our experience, Forex rebate programs are essential assets for dedicated UK traders, providing an opportunity to earn cashback and reduce trading expenses. As the brokers mentioned above demonstrate, each program has various benefits and aspects to consider.