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FAQs Forex Rebates, CashBack, PipRebate

Rebate Program Forex Rebates, CashBack, PipRebate

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What is a Pip?

A “pip” is the smallest increment, or movement in any currency pair.

In USD/JPY, a pip = 0.01, or a movement, for, example from 102.55 to 102.56

In GBP/USD, a pip = 0.0001, or a movement, for example from 1.6755 to 1.6756

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What is Rebate or Cashback?

When you open a trading account with one of our listed brokers through our links, we receive a part of the spread or commission on every trade you make as compensation for introducing you to them. Your spreads, commissions, and execution conditions remain the same as if you opened up directly with the broker. We, in turn, share a portion of our compensation with you in the form of a rebate, as thank you for signing up with us. The rebate you receive is a partial return of your trading costs (spread and/or commission) on winning and/or losing trades, making your trading more profitable.

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What is Rebate Option?

Rebate Option means how and when your rebates get paid.

 

Daily & Direct: 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.

 

Weekly & Direct: 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).

 

Monthly & Direct: Your Rebate amount will be deposited into your Broker account directly on the 10th of each month for your last month trades.

 

Weekly To PR: Your Rebate amount will be deposited into your PR (PipRebate) panel every Sunday for your current week trades.

 

Monthly To PR: Your Rebate amount will be deposited into your PR (PipRebate) panel on the 10th of each month for your last month trades.

 

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What is a Round Turn (or sometimes called Round Trip)?

A position that has been both opened and closed- a completed trade.

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How much do I need to pay you to start?

Nothing. Our service is FREE!

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How do I start getting PipRebate for my trades?

Sign Up for a free account on this site.

Choose a broker and click the link or icon, then follow the instructions on the next page. After opening the account in the broker are looking at our site and Sign In to your PR panel and click at "Brokerage Account" menu, then click Add Button and filled out all fields. We will get your request with Pending status and after our review will change your request to confirmed and you will receive a confirmation email . As referrers, your broker pays us a portion of the spread or commission you pays to the broker each time you place a trade. This commission is taken from the firm marketing budget, so your spreads, costs, and service stay the same!

Visit "My Payment Options" in your PR panel and update your payment information. Carefully enter the information correctly.

Begin actively trading the account, and wait for your rebates add to your balance!

After add PipRebate in your PR panel you will can see it in Unpaid Earning. Then in "Withdrawal" menu click Add button and select Payment method, enter Amount and click ok. Your withdrawal request will send to us with Pending status and we will pay to you and your request will get Completed status. Also you are able to see status of all withdrawal requests at Withdrawal menu.

High recommended to read How it Works page to learn how work all parts of our site.

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What if my trade losses, Do i still receive a rebate?

Yes. You receive a rebate for every trade you make, win or lose.

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I’m a profitable trader, Why do I need a rebate?

You deserve a rebate. It doesn’t matter if you win or lose, are an active or infrequent trader, you are eligible for a rebate if you open through us. Consider this as an additional profit, or “cushion” in your trading. You will be surprised at how quickly your income will build. An active trader would on average receive an additional 5% of equity on account every month. That’s an extra 5% profit for no extra effort!

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Why can’t I just sign up with the broker directly?

If you sign up direct with a broker, you will not receive rebates. Part of the spread and/or commission profits the broker reserves to pay us (and which we split with you) will be pocketed by the broker instead. Yes, whether you are winning or losing with your trades, the broker wins every time via profits from spreads and commissions charged on your trades.

If you register through us as your introducing broker, the broker will pay us a commission per every trade you make for introducing you, and we in turn will share a portion of our compensation with you as a rebate.

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Do my spreads/commission increase if I open an account through you?

Never! Your spreads will be EXACTLY the same as those offered on the broker website, and will be the same as those you would pay if you had opened the account on the brokers website.

How so? The broker pays the introducing broker (us) part of the spread as compensation for referring a trader to them. The trader gets access to the same tight spreads that are available to all other clients of the brokerage. We, in turn, share a portion of our compensation with our clients as a cash refund on every trade they take.

Thus, you will receive exactly the same spreads, commission, execution, and other levels of service from your chosen Forex broker as if registering direct with that broker.

The only difference is that, by opening your account through us, you will receive Rebate!

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How do I know if this is for real?

You may independently verify our status as an active introducing broker with the firms we partner with. Most firms we have worked with for years. We have offered Pip Rebate to our clients for years. You might look at various user review sites like http://forexpeacearmy.com to see what clients have had to say about us.

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Does opening up with a particular account size, platform, or trading with a particular currency or lot size, matter?

None of these things matter.

Deposit size doesn’t matter: we accept every client, no matter how big or small your account is. Our service is FREE for all traders. There may be a small initial deposit minimum from the broker’s side; this amount varies between brokers.

Trade size doesn’t matter: you can open a mini or micro lot and you will get rebates according to the size of your trades.

Platform doesn’t matter: We are able to pay rebates for all platforms offered with most of the brokers we partner with.

Currency doesn’t matter: you earn rebates regardless of the currency pairs offered.

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Can i have multiple trading accounts at brokers?

Yes, you may have, unless the broker has its own limitation on how many accounts a trader can have.

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Do you have access to my account?

We have no authorization to access your account, as we are partnered with brokers as an introducing broker and not as a money manager. You will receive the same spreads, commission, execution and other levels of service from your selected broker as if you registered directly with it.

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Can I get rebates on a broker I already have an account with?

In most cases, yes. Please visit the individual broker pages for more details on how to receive rebates on an existing account.

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Can i get rebates on brokers not listed on the website?

Yes, Please feel free to contact us and tell us about your favorite broker, if they are not currently listed with us.

We are careful about make a deal with broker just to advertise a "wide selection." We have many years of experience in the Forex industry, and know of many brokers may stealing or cheating clients. We will not deal with such brokers.

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How can I see details of my Rebates?

In the "Rebate Earnings" section of your PR panel you can see details of your Rebates.

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Policy: Multiple User Profiles Restriction

Clients may only register one user profile (not to be confused with broker accounts, these are unlimited). If multiple user profiles for the same user are discovered, all the details of all the profiles beyond the first will be added back to the first profile and the remaining profiles will be disabled.

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Policy: Churning

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.

Affiliate Program Forex Rebates, CashBack, PipRebate

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What is your affiliate/referral program?

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Where is my referral affiliate link?

You can see it at top of your PR panel or on Affiliate section.

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How can i see list of my referrals and earnings?

You can see list of your referrals and earnings by login at PR panel and at the left menus in My Referrals section.

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Policy Affiliate Referrers:

PipRebate clients may not be referrers on their own account. Clients cannot change their referrer.

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Affiliate Rate

Affiliate rates are up to 22% , Tier 1 is 15% , Tier 2 is 5% and Tier 3 is 2% , This rates are not fix for all forex brokers.
When your clients getting special rates on brokers then affiliate tiers rates will be changed.

Payment Information Forex Rebates, CashBack, PipRebate

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What payment methods are offered?

Currently, We offer PayPal, WebMoney, Skrill (Moneybookers), Bitcoin and PerfectMoney as payment methods.

Payment Method Minimum Payment Amount
Paypal $10
WebMoney $1
Skrill $10
Bitcoin $10
PerfectMoney $1

 

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How do I provide my payment information?

Go to PR panel and on the Payment Option section.

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When and how do i see my earnings in my PR balance (unpaid balance)?

You will typically see your unpaid earnings on Weekly and Monthly basis depend to the broker, Please review the rebate options (Weekly or Monthly) available for each broker on the broker compare or broker pages.

Weekly: Every Friday will add earning for last week trades, For example, if you opened an account on 03 July 2017 (Monday) and begin trading to end of week 07 July 2017 (Friday) , earnings will appear next Friday at 14th July.

Monthly: 10th each month for your last month trades, For example, if you opened an account on July 4th and began trading, your earnings for trades closed through the end of July will typically appear by August 10th.

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Can you deposit my rebates directly into my trading account?

In some brokers Yes we can but in some can not. Also some brokers currently allow for direct or automatic rebate crediting after closed trades into your trading account. Please check the rebate options available for each broker on the broker compare page or broker page.

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What do I do if I disagree with the amount of PipRebate I received?

Mistakes can happen and we are happy to take a second look. Simply Contact us with a copy of your account statement (as it comes from the broker) with a request to have the matter investigated.

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How and when my earnings will appear in my payment method?

When your earnings will appear in your PR balance you can send a withdraw request in Withdraw section in your PR panel. The withdrawal request will process from 1 to 5 working days depend to your payment method.