In the competitive world of online trading, brokers are constantly looking for ways to attract and retain clients. One such method that has gained popularity over the years is the rebate system. RoboForex, a prominent online trading broker, has taken this concept to another level with its innovative offer: a 50% rebate of broker revenue, distributed daily and directly to its clients. This article delves into the details of this offer, explaining what it means for traders, how it works, and the benefits it brings. We'll also provide tips on how to make the most out of this rebate system.
Understanding the Rebate System
Firstly, let's break down what a rebate system is in the context of forex and CFD trading. Essentially, a rebate is a type of discount or return of a portion of the trading costs, such as spreads or commissions, to the trader. This system serves as an incentive for traders to execute more trades, as it effectively lowers their cost of trading.
RoboForex's offer to rebate 50% of broker revenue is particularly generous. The broker earns money mainly through spreads and commissions, and returning half of this revenue to traders significantly reduces the cost of trading. This rebate is calculated on a daily basis and credited directly to the traders' accounts, offering immediate benefits.
How It Works
The process to benefit from RoboForex's rebate is straightforward. Here's a simplified breakdown:
Open an Account: To be eligible for the rebate, you first need to have an active trading account with RoboForex. If you're new to RoboForex, signing up is a quick process that involves providing some personal details and passing a basic verification.
Trade as Usual: Once your account is set up and funded, you can start trading any instruments offered by RoboForex. The rebate system covers all types of trades, regardless of the instrument or the platform you choose to trade on.
Receive Your Rebate: The 50% rebate is calculated based on the broker's revenue generated from your trades. Every day, this amount is automatically calculated and credited to your account. There's no need for you to take any action to claim your rebate.
Benefits for Traders
The advantages of such a rebate system are numerous, particularly for active traders. Here are a few key benefits:
Reduced Trading Costs: Obviously, the most direct benefit is the reduction in trading costs. By receiving a rebate on spreads and commissions, traders can improve their overall profitability or offset potential losses.
Daily Payments: The daily calculation and distribution of rebates mean traders can reinvest their rebates immediately, compounding their trading capital.
No Special Conditions: RoboForex's rebate does not come with any special conditions attached. It applies to all trades, making it accessible to all traders, regardless of their trading style or volume.
Making the Most Out of the Rebate
To fully leverage the potential of RoboForex's rebate system, consider the following tips:
Maintain an Active Trading Strategy: Since the rebate is tied to trading activity, maintaining a regular trading schedule can maximize the amount you receive back.
Use the Rebate to Experiment: The extra funds from the rebate can be a great way to try out new trading strategies without risking your initial capital.
Combine with Other Offers: RoboForex often has other offers and bonuses available. Combining these with the rebate system can further enhance your trading experience.
Conclusion
RoboForex's innovative approach to rebates, offering 50% of broker revenue back to the traders on a daily basis, sets a new benchmark in the industry for how brokers can add value to their clients' trading activities. For traders, taking advantage of this offer can significantly reduce trading costs, enhance profitability, and offer a more rewarding trading experience. As with any trading decision, it's important to conduct your own research and consider how this rebate system aligns with your individual trading strategy and goals.
