REBATE OPTION Weekly, Daily and Direct Forex Rebates
Your Rebate amount will be deposited into your Broker account directly after closing the trades or at the end of the day you have traded. This amounts will not be shown at PR Panel.
Your Rebate amount will be deposited into your Broker account directly every Sunday for your current week trades (Some brokers have automatic internal transfer, so will do it every Sunday but other Brokers have manually internal transfer and they will process it on Monday). You can view the amount of rebates as paid balance into your PR account.
Your Rebate amount will be deposited into your Broker account directly on the 10th of each month for your last month trades. You can view the amount of rebates as paid balance into your PR account.
Your Rebate amount will be deposited into your PR (PipRebate) panel every Sunday for your current week trades. You can view the amount of rebates as paid balance into your PR account.
Your Rebate amount will be deposited into your PR (PipRebate) panel on the 10th of each month for your last month trades. You can view the amount of rebates as paid balance into your PR account.
To Open a New Account and Receive Pip Rebate
Sign Up for Free account and Login in your PR account panel. (High recommended read How it Works to learn work with our site and your PR panel).
Use the below link(s) to open a new account.
Add your account in the Brokerage Account section of your PR panel.
To Receive Pip Rebate on An Existing Account
Open a new account under our partner, please click below link and log into your XM members area and open a new sub account.
Rebates for New XMGlobal and XMTrading Group will be paid twice a week and directly to your MyWallet (https://my.xm.com/my-wallet) from April 20, 2020.
Rebates for closed positions are paid twice a week, Trades for from Friday to Monday will be deposited Thursday (Around 8 GMT) and Trades for from Tuesday to Thursday will be deposited on next Tuesday (Around 8 GMT) into your XM MyWallet as Rebate.
The accounts have been added before 20th April 2020 can send a request to support [@] piprebate.com to change the rebate option from weekly to twice a week and direct. (If your account is under XMGlobal or XMTrading Group).
XM EU clients cannot receive direct rebates and will be paid into your PR (PipRebate) account every Sunday for the same week's closed positions.
The Rebates rate for XM and XMTrading Group for all pairs are $9 per round turn lot traded.
The Rebate Rate for XMGlobal Group on Pairs EURUSD, USDJPY, USDCAD, and AUDUSD are $8.1 per round turn lot traded and other pairs are $9 per round turn lot traded.
Rebate Rates on Majors in the Ultra Low account type:
Non-USD rebate will be converted to USD and will be paid in USD
Gold and Silver Rebates: 9 USD per round turn lot traded.
Rebate rate on OIL: 0.9 USD, OILMn: 0.09 USD
XM does not pay commission on trades held less than 5 minutes so rebates are not earned, effective August 6, 2012.
No Rebates will be paid on Bonuses.
Rebates are not paid on the % of a trade corresponding to the % of bonus money used as margin for the trade, as calculated by the broker.
XM Zero Account Type Note: It is not applicable to all the entities of the XM Group.
Leverage Note: XM Group offers leverage up to 888:1. However, please note that the leverage depends on the financial instrument traded and this leverage does not apply to all the regulated entities of the XM Group.
Churning is frowned upon by most brokers. If you plan on trading with no purpose other than to generate a rebate, please contact us before proceeding, as our commissions may be voided by the broker and this will also void any rebate you may expect to receive.