10 Best ECN Rebate Programs

Boost your trading profits with the 10 best ECN rebates! Discover how to maximize your returns and minimize costs through these exclusive incentives.

From cashback to discounts, we unveil the top rebate programs for Forex, stocks, options, and cryptocurrencies. Don’t miss out on these lucrative opportunities!

In this article, you’ll learn the following:

• ✅ What are ECN Rebates?
• ✅ 10 Best ECN Rebates
• ✅ Evaluating ECN Rebates: Factors to Consider
• ✅ ECN Rebates vs. Other Trading Incentives
• ✅ How to Qualify for ECN Rebates
• ✅ Exploring Different Types of Rebates: Cashbacks, Discounts, etc.
• ✅ Best Practices for Using ECN Rebates – Strategies
• ✅ ECN Rebates for Forex Trading
• ✅ ECN Rebates for Stocks and Options
• ✅ ECN Rebates for Cryptocurrencies
• ✅ Our Final Thoughts on ECN Rebates
• ✅ ECN Rebates FAQ

and much, MUCH more!

What are ECN Rebates?

ECN rebates, or Electronic Communication Network rebates, are financial market incentives intermediaries provide to traders. ECN rebates are a form of compensation or discount on trading commissions or spreads that traders receive.  When traders execute transactions on an ECN platform, they pay the broker a commission or spread. Then, as a rebate, the broker returns a portion of this commission to the trader.

These rebates can assist in offsetting trading expenses and enhancing profitability. ECN rebate amounts and structures vary depending on the broker and the trader’s trading volume.

How do ECN Rebates Work?

ECN rebates give traders a portion of the commission or spread they pay to execute trades on an Electronic Communication Network (ECN) platform. Here’s how they typically work:

• ✅ Traders choose to trade on an ECN platform their broker offers. ECN platforms connect traders directly with liquidity providers, such as banks or other traders, ensuring transparent and competitive pricing.
• ✅ When executing trades on an ECN platform, traders incur costs in the form of commissions or spreads. Commissions are a fixed fee per trade, while spreads are the difference between the buying and selling prices.
• ✅ Brokers offering ECN rebates have predetermined rebate percentages. These percentages can vary based on factors such as the trader’s trading volume, account type, or the specific agreement with the broker.
• ✅ The rebate amount is calculated based on the commission or spread paid by the trader. The rebate percentage is applied to this amount, and the resulting rebate is credited to the trader’s account.
• ✅ Rebates can be distributed differently, depending on the broker’s policy. Some brokers may provide instant rebates, where the amount is credited immediately after each trade. Others may accumulate rebates over a specified period and distribute them regularly.

ECN rebates help offset trading costs, making trading more cost-effective for the trader. By receiving a portion of the commission or spread back as a rebate, traders can potentially increase their profitability or reduce losses.

10 Best ECN Rebate Programs

AvaTrade

AvaTrade stands out as an esteemed trading broker, recognized for its accomplishments and adhering to regulations in multiple jurisdictions.

AvaTrade’s affiliate program boasts remarkable features that make it an attractive choice. With over $250,000,000 paid in commissions, it demonstrates a track record of rewarding its affiliates generously.

AvaTrade’s six regulations across five continents and 12 years of industry experience inspire confidence and trust among affiliate partners.  One of the program’s strengths is its flexibility. AvaTrade offers tailor-made deals and commission structures, allowing affiliates to choose from options such as CPA, Revenue Share (trade rebates), or Hybrid deals, ensuring the best fit for their business model.

The program also employs innovative affiliate marketing strategies to drive quality traffic and improve conversion rates.

AvaTrade Rebates Program

AvaTrade offers cashback on its Retail Account of up to 20% or 0.35 pips per standard lot traded on MetaTrader 4.

Exness

Exness is a prominent global forex broker, establishing its presence in 2008. With a staggering number of over 209,000 active traders, Exness has fostered a thriving trading community.

Exness’ rebate system sets them apart, particularly within the Introducing Brokers Program. This unique feature allows all partners to offer rebates to their referred clients, even up to 100% of their rewards.

As a partner, you can determine which referred clients you wish to provide rebates to and at what rate. In addition, the platform offers convenient tools for grouping referred clients, enabling automatic and streamlined rebate payments.

The rebate payments are made daily to the selected referred clients who have closed trades within the past 24 hours. It’s important to note that daily payments require partner approval, adding an extra layer of control and oversight.

Exness Rebates Program

Exness offers a cashback on five trading accounts up to 20% of the spread or up to $100 per lot on Forex. However, traders could earn up to 100% back on their trades, according to Exness.

HFM

Established in 2010, HFM stands as a reputable broker and an international subsidiary of HF Markets. As an ECN/STP broker, HFM offers market execution, ensuring efficient and transparent trading. One of its notable strengths lies in providing a top-notch, cost-effective trading environment.

HFM offers rebates on Forex and gold according to the trading volume. To qualify, positions must be held for more than a minute. Positions held for over a minute but fewer than two are eligible for 50% of the rebate amount, and those held for longer are eligible for 100%.

The minimum rebate that traders can expect daily is $5, which is automatically calculated and paid at 2 a.m. server time. Traders must note that rebates are only generated and paid in USD.

HFM Rebates Program

HFM offers cashback on the Premium, PAMM Premium, PAMM Premium Plus, and Zero Spread Accounts of up to $4 per lot.

FOREX.com

FOREX.com stands out as a comprehensive trading platform, providing diverse offerings across various asset classes. While availability may vary depending on the region, FOREX.com ensures a wide array of trading options for traders.

FOREX.com’s Active Trader program offers a range of premium benefits tailored for high-volume traders.

This account recognizes and rewards traders’ dedication to the markets with lowered trading costs and the opportunity to earn interest on their available balance. The program includes the following key features:

• ✅ Traders can earn cash rebates based on their monthly trade volume. The more they trade, the more they earn in rebates. The rebate amounts vary based on different trading levels, ranging from $3 to $9 per million traded.
• ✅ Active Trader clients can earn an attractive annual percentage yield (APY) interest on their average daily available margin balance. The interest rate is 4.5% APY for balances up to $500k and an additional 1.5% APY for balances exceeding $500k.
• ✅ Traders enrolled in the Active Trader program receive dedicated one-on-one support from a highly trained Relationship Manager. These experts can provide valuable assistance with trading plans and strategies.

Active Trader clients gain exclusive access to special events and product previews, providing unique opportunities and insights.  By participating in the Active Trader program, traders can reward themselves as they trade.  The program’s cash rebate scheme offers automatic monthly cash rebates when traders achieve a minimum trading volume of $50M in a calendar month.

The rebate rates and potential savings increase as traders progress through different trading levels, ranging from Level 1 to Level 4.

FOREX.com Rebates Program

FOREX.com offers cashback of up to 15%/$10 per million traded on the Standard, Raw Spread, and DMA Accounts.

Pepperstone

Pepperstone Group has solidified its position as a leading player in the online brokerage industry since its establishment in 2010. With a wide range of platforms available for desktop, mobile, and web-based trading, Pepperstone offers flexibility and convenience to its traders.

Pepperstone’s rebates program, available to members of its Active Trader program, offers forex cash rebates, providing an opportunity to save on trading commissions.  The rebate amount is determined by the number of monthly standard lots, with higher trading volumes resulting in higher rebates.

What sets Pepperstone apart is that forex cash rebates are paid daily and directly into the trading account the day after a position is closed. This allows traders to utilize the rebates immediately. The rebate structure is as follows:

• ✅ Tier 1 (applicable to Pepperstone Pro clients only): 10% rebate per Forex lot, with a typical monthly rebate range of $70 – $140.
• ✅ Tier 2: 15% rebate per Forex lot, with a typical monthly rebate range of $200 – $500.
• ✅ Tier 3: For more information about rebates, traders can contact their premium client manager or the team.

To remain a member of the Active Trader program and enjoy the rebates, traders must meet the volume requirements over 3 months. Therefore, reviewing the program’s terms and conditions is important to understand eligibility criteria and how to maintain membership.

Pepperstone Rebates Program

Pepperstone offers cashback on the Standard Account of up to 0.3 pips and Razor Account of up to 12.857% of commissions paid.

OANDA

OANDA prides itself on being a comprehensive provider of currency-related services, catering to various needs in the financial market.

OANDA has enhanced its Advanced Trader loyalty program in the United States, allowing high-volume clients to earn cash reimbursements. With an OANDA Advanced Trader account, clients can earn up to USD 15 per million in deposits and monthly trading volume.

Alternatively, traders can select OANDA’s fundamental pricing model and save up to USD 15 per million traded in commission fees. This updated program features a tiered structure with four distinct levels that offer different benefits based on monthly trading volumes and deposit amounts.

OANDA Rebates Program

OANDA offers cashback on MetaTrader 4 and FxTrade up to $1 per 100K USD traded.

XM

XM Trading has gained popularity as a prominent forex broker, operating as a market maker. In 2009, XM Trading established itself as one of the largest forex brokers worldwide, boasting a significant daily trading volume. With a vast client base, XM Trading serves nearly 2.5 million clients globally.

One of the attractive features offered by XM Trading is the Auto Rebates program, which enables brokers to provide their clients with a percentage of cashback based on their trading activity.

However, it’s important to note that Auto Rebates are unavailable for clients referred from the EU, UK, or Australia.

XM Rebates Program

XM offers cashback on the Micro, Standard, and Ultra-Low accounts up to $15 per lot traded.

Admirals

Admirals has established itself as a trusted broker with a track record spanning nearly two decades.

The Admirals’ rebates program, allows clients to earn cash rebates based on their trading activities. The program applies to the Trade.MT5, Zero.MT5, Trade.MT4, and Zero.MT4 account types.

Clients participating in the program will receive a rebate rate of 1 USD per million USD of notional volume. These rebates will be automatically credited to the client’s account within the first five calendar days of each reporting month.

To be eligible for the promotion, clients must register a Trader’s Room, open a qualifying live account, make a deposit, and start trading.

The rebate program covers trading instruments such as currencies, commodities, and indices.

Admirals Rebates Program

Admirals offer up to 20% cashback on the spreads or commissions traders have paid across the Trade.MT4, Zero.MT4, Trade.MT5, and Zero.MT5 accounts.

GO Markets

Established in 2006 in Australia, GO Markets Pty Ltd has emerged as a prominent online broker, locally and globally renowned.   GO Markets offers rebates for high-volume traders monthly, covering Forex & Metals, Indices, and Commodities.

The rebates are determined based on trading activity and volume, making eligible traders entitled to potential earnings.

To qualify for rebates on Forex & Metals, traders need to achieve a minimum monthly CFD trading volume of at least US$25M. Upon reaching this threshold, traders can earn rebates ranging from $5.00 to $15.00, depending on the tier they achieve.

To qualify for a withdrawable rebate, traders must meet the minimum monthly volume requirement for a specific asset class within a calendar month. Once qualified for rebates in one asset class, traders will also qualify for rebates on other asset classes from their first trade placed.

Rebates are credited into traders’ trading accounts within the first week of the following calendar month, providing them with timely access to their earned rebates.

GO Markets Rebates Program

GO Markets offers cashback on the Standard, GO Plus+, Standard SVG, and GO Pro SVG Accounts of up to 0.35 pips or 15% back on commissions paid.

Tickmill

Tickmill entered the trading industry in 2014 and has since become a trusted global broker, offering a unique combination of online trading services. Tickmill also acknowledges the significance of its valuable clients and rewards their loyalty with a compelling rebate program based on their trading activity.

Furthermore, traders can benefit from competitive cash rebates, which can be withdrawn or utilized for opening new trades, adding further value to their trading experience.

To qualify for the cashback rebates, traders must meet specific trading volume thresholds in forex trading monthly. The thresholds and corresponding rebate rates per lot traded are outlined in the table below:

Tickmill’s rebate program allows traders to earn additional rewards based on their trading volume, encouraging continued engagement and loyalty. In addition, the cash rebates serve as a valuable incentive, enhancing the overall trading experience for Tickmill’s esteemed clientele.

Tickmill Rebates Program

Tickmill offers cashback on Tickmill offers rebates on all three trading accounts, namely the Classic, ECN Pro, and VIP Accounts, of up to $7.74 per lot.

Evaluating ECN Rebates and Factors to Consider

When evaluating ECN rebates, there are several key factors to consider that can significantly impact your trading experience and potential earnings. Here are key factors to evaluate:

• ✅ Rebate Structure: Understand the specific rebate structure offered by the broker. This includes the rebate rate per lot traded, tiered rebate levels based on trading volume, and any special conditions or requirements to qualify for rebates.
• ✅ Trading Costs: While rebates can be lucrative, it is crucial to consider the overall trading costs associated with the broker. Evaluate factors such as spreads, commissions, and other fees, which can affect your net profitability.
• ✅ Trading Instruments: Check if the rebates apply to all trading instruments or specific asset classes. Some brokers may offer rebates only on certain products, such as forex pairs, while others may include a broader range of instruments like commodities, indices, or cryptocurrencies.
• ✅ Trading Volume Requirements: Assess the minimum trading volume required to be eligible for rebates. Determine if the volume requirement aligns with your trading style and expected activity. For example, higher-volume traders may benefit more from brokers with lower-volume thresholds.
• ✅ Payment Frequency: Consider how frequently rebates are paid out. Some brokers offer daily, weekly, or monthly rebate payments. Determine the pay-out frequency that suits your preferences and trading goals.

Finally, carefully review the terms and conditions associated with the rebate program. Pay attention to any restrictions, limitations, or potential changes that may affect your eligibility or rebate earnings.

ECN Rebates vs. Other Trading Incentives

When considering trading incentives, comparing ECN rebates with other types of incentives brokers offer is important. A detailed table indicates the differences between rebates and other incentives.

How to Qualify for ECN Rebates

Qualifying for ECN rebates typically involves meeting certain criteria set by the broker. While the specific requirements may vary, here are some common factors to consider when aiming to qualify for ECN rebates:

• ✅ Ensure you have an eligible account type qualifying for ECN rebates. Brokers may offer specific account types, such as ECN or Raw Spread accounts, which are eligible for rebates. Therefore, choosing the right account type from the beginning is important.
• ✅ Most brokers require a minimum trading volume to qualify for rebates. This volume is usually measured in lots or notional value and can vary depending on the broker. Traders with higher trading volumes are often eligible for higher rebate rates. Be aware of the specific monthly volume thresholds set by the broker.
• ✅ Understand which asset classes are eligible for rebates. While forex trading is commonly eligible for rebates, some brokers may extend rebates to other instruments such as commodities, indices, or cryptocurrencies. Make sure to check if your preferred asset class qualifies for rebates.
• ✅ Brokers typically calculate rebates monthly. Ensure you actively trade during the specified time to meet the monthly activity requirement. In some cases, brokers may require a minimum number of trading days or trading volume within a month to qualify.
• ✅ Carefully read and understand the terms and conditions of the rebate program. Each broker may have specific rules regarding eligibility, pay-out calculations, withdrawal options, and any limitations or restrictions. Compliance with these terms is essential to qualify for and receive rebates.
• ✅ Maintain an active and in good standing trading account with the broker. Certain account statuses, such as being flagged for fraudulent activity or violating the broker’s terms, may disqualify you from receiving rebates. Adhere to the broker’s guidelines and trading policies to ensure continued eligibility.

Finally, ensure that you comply with any regulatory requirements imposed by the broker or the jurisdiction in which you operate. Some brokers may have restrictions on specific regions or countries that can affect your eligibility for rebates.

Best Practices for Using ECN Rebates – Strategies

When using ECN rebates effectively, implementing smart strategies can maximize your benefits. Here are some best practices to consider.

✅ Understand the Rebate Program and Structure

Familiarise yourself with the broker’s particular rebate structure. Take note of the rebate rates, volume-based tiered levels, and other special conditions or requirements. This knowledge will allow you to optimize your rebate earnings by planning your trading activity accordingly.

✅ Focus on High-Volume Trading

As ECN rebates are frequently proportional to trading volume, you should increase your trading volume to qualify for higher rebate levels. Consider implementing strategies to maintain a stable trading volume while adhering to your risk management principles.

It is essential, however, to ensure that the increased volume is consistent with your trading strategy and does not compromise your overall profitability.

✅ Always examine the Spread and Commission Cost

While rebates can be enticing, they should not be your sole focus. Consider the total trading expenses, including spreads and commissions. If the spreads or commissions are too high, rebates may harm your profitability. Strike a balance between competitive rebate rates and cost-effective trading.

✅ Diversification is Key

To maximize your rebate potential, investigate the various trading instruments offered by your broker. Some brokers offer rebates on asset classes other than Forex, including commodities, indices, and cryptocurrencies.

Diversifying your trading portfolio can increase the volume of your trades across multiple instruments and boost your overall rebate earnings.

✅ Monitor Your Monthly Volume Requirements

Maintain vigilance regarding meeting the monthly volume requirements for rebate eligibility.  Monitor your trading activity regularly and make any necessary adjustments to reach the desired volume thresholds. Keeping track of your progress ensures you do not miss out on rebate opportunities.

✅ Regularly Review Rebate Programs

Continuously evaluate the rebate programs of various brokers to ensure you are receiving the most advantageous terms. Rebate structures can vary, and brokers might periodically update their programs.

Therefore, keep abreast of new opportunities or changes in rebate rates to make informed decisions about your trading activities.

✅ Combine different Trading Strategies

ECN rebates can be combined with other trading strategies to optimize your overall trading performance.

You can, for instance, combine rebate-based trading with technical analysis or employ automated trading systems to capitalize on market opportunities while earning rebates on your trading volume. Explore how ECN rebates can enhance your current trading strategies.

✅ Keep a Trading Journal

You can track your performance, analyze trading patterns, and monitor your rebate earnings by maintaining a detailed journal.

By keeping track of your trades, volumes, and rebate amounts, you can assess the efficacy of your strategies and make the necessary modifications for improvement.

ECN Rebates for Forex Trading

Regarding forex trading, ECN rebates can be a valuable incentive for traders. By participating in ECN rebate programs, forex traders can earn cashback based on their trading volume.

The rebates are usually calculated per lot traded or based on the notional value of the trades. Forex brokers offering ECN rebates often have tiered structures where higher trading volumes lead to higher rebate rates.

To maximize ECN rebates for forex trading, traders should maintain a consistent and active trading volume. This can be achieved by implementing effective trading strategies, managing risk appropriately, and staying informed about market conditions.

By meeting or surpassing the required trading volume thresholds, traders can maximize their rebate earnings and offset some of their trading costs.

ECN Rebates for Stocks and Options

Although ECN rebates are more commonly associated with forex trading, some brokers also offer rebates for stocks and options trading.

The structure and availability of these rebates may vary among brokers. Therefore, it is important to research and compare the options provided by different platforms. ECN rebates can incentivize stock and options traders to engage in high-volume trading.

Like forex rebates, the rates are often tiered, meaning that higher trading volumes result in higher rebate percentages. As a result, traders actively participating in the stock or options markets can benefit from these rebates as they accumulate based on their trading activity.

ECN Rebates for Cryptocurrencies

As the popularity of cryptocurrencies continues to rise, some brokers are extending ECN rebate programs to include crypto trading. These rebates can incentivize traders to engage in cryptocurrency trading and benefit from cashback rewards based on their trading volumes.

ECN rebates for cryptocurrencies typically function similarly to forex rebates, with tiered structures based on trading volume. As a result, traders who actively trade cryptocurrencies can earn rebates that offset a portion of their trading costs, potentially enhancing their profitability.

Therefore, it is important to note that not all brokers offer ECN rebates for stocks, options, or cryptocurrencies. Therefore, traders interested in these markets should carefully research and select a broker that provides the desired rebate options.

In Conclusion

According to our research, ECN rebates can be a valuable incentive for traders, providing potential cost savings and additional earnings based on trading volume.

In our experience, these rebates can effectively offset trading costs and enhance profitability, especially for high-volume traders.

However, it is essential to review the terms and conditions of rebate programs carefully and consider other factors, such as trading costs and overall trading strategies, to make an informed decision.

Frequently Asked Questions

What are ECN rebates?

ECN rebates are cashback rewards brokers offer traders based on their trading volume. The more you trade, the higher the rebate.

How do ECN rebates work?

ECN rebates work by rewarding traders with a percentage of their trading costs as cashback. The rebate amount is typically calculated based on trading volume and credited to the trader’s account.

Which brokers offer ECN rebates?

Many brokers offer ECN rebate programs. Therefore, it is essential to research and compares different brokers to find the ones that provide competitive rebate rates and favourable terms.

How can I qualify for ECN rebates?

To qualify for ECN rebates, traders must meet the broker’s specific criteria, such as reaching a minimum trading volume threshold within a certain time.

Are ECN rebates available for all trading instruments?

ECN rebates may vary depending on the broker and the trading instruments they offer. For example, while forex rebates are common, some brokers extend rebates to other instruments like commodities, indices, or cryptocurrencies.

How often are ECN rebates paid?

The frequency of rebate payments depends on the broker. Some brokers credit rebates monthly, while others may have different timeframes, such as weekly or daily.

Can I withdraw ECN rebates?

Yes, in most cases, ECN rebates can be withdrawn. However, brokers may have specific withdrawal conditions or minimum withdrawal amounts that need to be met.