FAQ

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FAQ

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How do I get started?

Getting started is easy. First, become a member of FXRebates, which provides us with the information necessary to pay you rebates. Second, choose a broker and open an account, or make us, “Forex Global Solutions, Inc.” the referring broker on your account. We can assist you in this process. Just contact us at any time.
Is there any cost to join FxRebates?

No. This is a free service for Forex traders. There is no cost to you whatsoever. We take pride in not charging our clients for our services.
Where does the rebate come from?

The rebate comes from the spread that is paid on every trade you place on your trading account. A portion of this spread is paid to us, the referring broker, for bringing you to, or keeping you with, a specific broker. This does not in any way affect your trading. Forex Global Solutions, Inc. must be the referring broker on your account in order for us to pay you rebates.
Does it matter if my trades win or lose?

Whether you have a profitable trading account or are still testing your methods and taking some losses, we will pay you a rebate on every trade you make with one of our brokers.
If I am already profitable how will rebates benefit me?

Rebates benefit all traders, regardless of how profitable they may be. You are already paying this spread on every trade. Why not get some of it back?
Will this affect my trading or increase my spreads?

Using us as your referring broker will in no way increase your spreads or change your trading in any way. The only difference is that you will receive a check from us each month.
When do I receive my Rebates?

You will receive your rebates on, or about the 25^th of each month for the previous month’s volume. Because the payment time fluctuates between brokers and from month to month, it is hard to set an exact date. However, as soon as payment is received from the broker, rebates are issued to our clients.
How do I receive my Rebates?

Once you are a member and your account is under our referring broker, we can pay you your monthly rebates in one of three ways: Check, PayPal, or wire. (There is a small fee for bank wires, which can differ depending on your location. Paypal may charge a small fee for using its services.)
How do I calculate my rebates?

Most of our brokers are based on a 41% pip value. We take the total number of standard lots traded on your account in the previous month and multiply that by approximately $4.11, depending on the currency pair.( If you are trading exotic currency pairs, this may differ slightly, depending on the broker.)
Can I open a demo account?

Yes. You may open a demo account with any of our brokers. Be sure that you open your live demo account through our site, or by calling us, so we can ensure that we are the referring broker and can pay you rebates for all of your trades. Forex Global Solutions, Inc. must be the referring broker on your account in order for us to pay you rebates.
I already have an account with one of your brokers am I still eligible?

Yes. In most cases it is a simple process. Please contact us and let us know which broker you are using and we will assist you in receiving rebates immediately on your account.
What if the broker I want is not listed on your site?

We do offer brokers that are not on our site. Whatever your situation, it is best to contact us so that we can assist you in receiving rebates on your account. We have brokers to suit every need. If you are a high volume trader, firm, or fund, we have specialized solutions for you as well.
What is the minimum for my rebates to be sent to me?

We do not send out rebates until you have accumulated $25.00 worth of rebates for one whole month.
What if I still have questions or special needs?

Please contact us. Our friendly and knowledgeable staff is available to answer any of your questions. We strive to bring you solutions that will best suit your trading needs.
Do you offer any other services?

Forex Global Solutions, Inc. offers more services, including automated managed Forex accounts. Please contact us directly for the most up to date information.