FXGT.com Cashback Rebates

Overall, FXGT.com offers a partner program that pays forex cashback from $4 per lot (Bronze Tier) on the Mini, Standard+, ECN, and Pro Accounts their clients register. However, Partners could earn up to $12 per lot on their clients’ forex trades or 100% commission, according to FXGT.com.

How to Open a Forex Cashback Account with FXGT.com (via SAShares)

You can follow these steps to register for a Forex Cashback Account with FXGT.com via SAShares.

Step 1:  Visit the FXGT.com website and click “Register Now.”

Step 2:  Submit your Trading ID to us: [SAShares]

For Example:

To: [SAShares]

Subject: New FXGT.com Rebate Application

“Dear SAShares Team,

Please view my FXGT.com Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

Step 3:  Wait for approval, which will be sent within [number of hours]. Once approval is given, you will automatically receive your cashback rebates from the FXGT.com system.

How to transfer your existing Forex Cashback Account with FXGT.com (via SAShares)

If you have an existing trading account with FXGT.com, you can easily transfer your existing Cashback Account to SAShares using these few steps:

Step 1:  Send an email to FXGT.com: [email protected]  Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]

For Example:

To: [SAShares]

Subject: Account Transfer Request

“Dear FXGT.com Partner/Affiliate Team,

I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under the mentioned IB regardless of whether my account falls under an umbrella or parent IB.”

Step 2:  Once you receive confirmation of the transfer from FXGT.com, you can create an additional trading account.

Step 3:  Lastly, you can send your Trading or Client ID to [SAShares].

For Example:

To: [SAShares]

Subject: New FXGT.com Rebate Application

“Dear SAShares Team,

Please view my FXGT.com Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.

Understanding Forex Trading Rebates with FXGT.com

Forex trading rebates are a lucrative opportunity for individuals interested in becoming partners with FXGT.com, a leading Partner Program in the industry.  The Partner Program is structured as a tiered system, and partners can earn commissions based on the number of active traders they bring in and the trading volume generated by these traders.

The commission scheme is divided into different tiers, each offering varying levels of earnings based on the partner’s performance.  The more active traders and higher trading volumes, the higher the potential earnings as a partner. The commission levels and tiers are reviewed monthly, considering the partner’s activity.

Partners can earn lifetime commissions on the trading volume generated by their clients. If their clients continue to trade, the partner will receive commissions. However, partners must meet a 3-month performance qualification requirement to maintain their current commission tier.

FXGT.com values its high-performing partners and is open to offering special conditions and customized commission tiers for those selected partners on a case-by-case basis.

The commission profiles are categorized into five tiers: Elite, Platinum, Gold, Silver, and Bronze. Partners are compensated based on their clients’ trading volume and the trading volume of their sub-affiliates. The higher the tier, the more the partner can earn per lot traded:

• ✅ Elite: Up to $12 per lot
• ✅ Platinum: Up to $10 per lot
• ✅ Gold: Up to $8 per lot
• ✅ Silver: Up to $6 per lot
• ✅ Bronze: Up to $4 per lot

The multi-level affiliate structure allows partners to earn in three ways: Master Affiliates, Sub Affiliates 1, and Sub Affiliates 2. Each level has the potential to contribute to the partner’s overall earnings.

Can I earn rebates from FXGT.com if I am not a partner?

No, FXGT.com only pays rebates to qualifying partners, i.e., those who meet the requirements.

Can beginners earn rebates from FXGT.com?

Beginners can earn rebates from FXGT.com if they meet the requirements as a partnering broker.

Exploring FXGT.com’s Forex Trading Rebate Program

Tips and Key Factors for Choosing FXGT.com for Forex Trading Rebates

Key Factors and Tips for Evaluating FXGT.com’s Forex Trading Rebate Program:

• ✅ Familiarize yourself with how the rebate program works. Link your trading account to a Forex rebate provider, and your broker will pay a rebate for each trade you make.
• ✅ The cash rebates are based on your monthly trade volume on FX trades. Take your trading volume into account when evaluating potential rebates.
• ✅ Gain insights from FXGT.com reviews by experts and customer feedback from traders. Learn about their experiences with the platform and the rebate program.

Analyze the pricing, including spreads and fees, and the maximum leverage offered by FXGT.com. These factors can significantly impact your trading costs and potential profits.  Choose a reputable rebate program with a track record of timely rebate payments. Research the program and read reviews to ensure its reliability.

Number of Traders participating in FXGT.com Cashback Rebates (Examples)

While we do not know how many traders registered with FXGT.com, participate in the rebates program or how many are partners, we can provide some real-life examples of FXGT.com’s rebates program in action.

🥇 The Elite Trader

Layton Day is an experienced forex trader with many fellow traders. He signs up as a Master Affiliate with FXGT.com’s Partner Program and quickly refers 300 active traders to the platform. These traders collectively generate 1,000 standard lots of trading volume each month.

Based on FXGT.com’s commission tier, Layton falls under the Elite category, earning up to $12 per lot traded. With 1000 lots traded monthly by his referred clients, Layton’s Level 1 Pay-out is $12,000.  Additionally, Layton has two sub-affiliates, Lisa and Mike. Each refers to 200 active traders, generating 600 standard lots of trading volume monthly.

For every 600 lots traded by Lisa, Layton receives a Level 2 Pay-out of $600, and for every 600 lots traded by Mike, Layton receives a Level 3 Pay-out of $300. So, with Lisa and Mike’s sub-affiliate contributions, Layton’s total potential monthly pay-out as an Elite trader could be $12,900.

🥈 The Platinum Trader

Maisy Rollins is a skilled trader who promotes FXGT.com to her trading community. She becomes a Master Affiliate and refers 150 active traders to the platform. These traders generate 500 standard lots of trading volume monthly.  As a result of her referral efforts, Maisy falls under the Platinum category, earning up to $10 per lot traded.

With 500 lots traded monthly by her referred clients, Maisy’s Level 1 Pay-out is $5,000. She also has two sub-affiliates, Tom and Emma. Each refers to 100 active traders, generating 300 standard lots of trading volume monthly.

For every 300 lots traded by Tom, Maisy receives a Level 2 Pay-out of $300, and for every 300 lots traded by Emma, Maisy receives a Level 3 Pay-out of $150. With Tom and Emma’s sub-affiliate contributions, Maisy’s total potential monthly pay-out as a Platinum trader could be $5,450.

🥉 The Gold Trader

Mikey Welsh is new to forex trading but is enthusiastic about FXGT.com’s Partner Program. He becomes a Master Affiliate and refers 50 active traders to the platform. These traders generate 200 standard lots of trading volume monthly.

As a result of his referral efforts, Mikey falls under the Gold category, earning up to $8 per lot traded.

With 200 lots traded monthly by his referred clients, Mikey’s Level 1 Pay-out is $1,600. He also has two sub-affiliates, Kate and Alex. Each of them refers to 30 active traders, generating 100 standard lots of trading volume monthly.

For every 100 lots traded by Kate, Mikey receives a Level 2 Pay-out of $80, and for every 100 lots traded by Alex, Mikey receives a Level 3 Pay-out of $40. With Kate and Alex’s sub-affiliate contributions, Mikey’s total potential monthly payout as a Gold trader could be $1,720.

Successful Traders Benefiting from FXGT.com’s Rebates

Active traders who execute a high volume of transactions stand to gain from the rebate program. They can earn a portion back with each transaction, accumulating substantial savings over time. Furthermore:

• ✅ Partners/Affiliates: Individuals or organizations that partner with FXGT.com can receive everlasting commissions based on the trading volume their referred customers generate. This can be a lucrative source of income, particularly for those who can refer a substantial number of active traders.
• ✅ Beginner Traders: The rebate program can incentivize novice traders to trade and study the Forex market. The possibility of earning reimbursements can assist in offsetting a portion of the costs associated with the learning process.
• ✅ High-Volume Traders: The tiered commission structure is advantageous for high-volume traders. The more they trade, the greater their potential rebate program earnings.
• ✅ Strategic Traders: Traders who employ strategies involving frequent transactions (such as day trading or arbitrage) can also take advantage of the rebate program. The rebates can help reduce overall trading costs, thereby increasing the profitability of their strategies.

Finally, the multi-level affiliate structure permits associates to earn in three ways: Master Affiliates, Sub Affiliates 1, and Sub Affiliates 2. Each level has the potential to increase the aggregate revenues of the companion.

FXGT.com Rebate Comparison vs. Notable Other Brokers

How to Maximize Your Savings plus Profits with Forex Trading Rebates at FXGT.com

Here are 5 tips on how to maximize your savings/profits with Forex Trading Rebates at FXGT.com:

• ✅ The more frequently you trade, the more rebates you can earn. Active trading may result in increased rebate earnings.
• ✅ Rebates are typically dependent on trading volume. The greater your trading volume, the greater your prospective rebates.
• ✅ FXGT.com’s tiered commission system offers higher rebates for higher trading volumes. To optimize your rebates, aim to reach higher tiers.
• ✅ As an associate, you can earn commissions based on the trading volume your referred clients generate. The more active traders you refer, the greater your earnings potential.

Maintain the activity of your referred customers. If your clients continue to trade, you can receive eternal commissions.

Advantages over Competitors and the Benefits of Forex Trading Rebates with FXGT.com

The advantages that FXGT.com has over competitors and the benefits of trading Forex using the broker’s rebates program are as follows:

• ✅ FXGT.com is known for its quick order execution, which is crucial in the fast-paced Forex market.
• ✅ Suitable for active traders: Active traders can earn a portion of their trading through the Forex rebate program.
• ✅ Partners can earn lifetime commissions on the trading volume generated by their clients.
• ✅ FXGT.com is a regulated and licensed broker, providing a secure and trustworthy platform for traders.
• ✅ FXGT.com aims to empower traders by offering the best trading conditions and attractive promotions.

and MUCH, much more!

FXGT.com has a generous 0-fee policy, which can significantly reduce trading costs.  The commission levels and tiers are reviewed monthly, considering the partner’s activity.

Is FXGT.com a trusted broker?

Yes, FXGT.com is extremely trusted and well-regulated by global entities.

Does FXGT.com have MetaTrader 4 and 5?

Yes, FXGT.com offers MetaTrader 4 and 5 across devices for free.

FXGT.com Regulation and Safety of Funds

How FXGT.com Protects Traders and Client Funds

Is FXGT.com regulated in South Africa?

Yes, FXGT.com is regulated in South Africa under GT IO Markets (Pty) Ltd by the FSCA.

Does FXGT.com provide negative balance protection?

Yes, negative balance protection is available from FXGT.com.

How to Open a Trading Account with FXGT.com

The following steps can be taken to register an FXGT.com Trading Account:

• ✅ Visit the FXGT.com Register page.
• ✅ Fill out the application form with your details.
• ✅ After submitting the form, you will receive a verification email. Click on the link in the email to verify your account.
• ✅ Once verified, you can customize your account settings according to your trading preferences.

Start trading with zero swaps, low spreads, and leverage up to 1:1000.

Can my demo account earn rebates from FXGT.com?

No, only live trading accounts are eligible for rebates.

How long does FXGT.com take to approve my account?

It takes a few minutes for your trading account to be approved.

FXGT.com Account Types

FXGT.com makes a multitude of live trading accounts available, including:

FXGT.com Mini Account

The Mini Account at FXGT.com is perfect for newcomers to the trading industry, offering a user-friendly and accessible trading experience tailored to novice traders.

With low minimum deposit requirements and simplified features, it provides an excellent starting point for gaining valuable trading experience and building confidence in the financial markets.

FXGT.com Standard+ Account

The Standard+ Account is a versatile option at FXGT.com, catering to the needs of traders at all levels – beginners, intermediates, and experienced traders.

This well-rounded account type offers flexibility, a wide range of trading instruments, and favorable trading conditions, striking a balance between simplicity and advanced functionality.

FXGT.com Pro Account

The Pro Account, designed for seasoned traders at FXGT.com, provides advanced trading tools, sophisticated options, and greater customization.

With access to various instruments and top-notch trading platforms, professional traders can effectively implement their strategies and seize market opportunities.

FXGT.com ECN Account

The ECN Account, tailored specifically for traders valuing narrow and raw spreads, is ideal for those employing high-frequency trading strategies like scalping and day trading.

Offering direct market access through Electronic Communication Networks (ECNs), this account ensures lightning-fast execution, making it suitable for precision-oriented traders.

FXGT.com Demo Account

The FXGT.com Demo Account is a valuable tool for traders seeking practical experience and exploring the trading world in a risk-free environment.

With access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, traders can utilize real-time prices, market volatility, charts, news, and analysis to improve their trading skills and refine strategies.

FXGT.com Islamic Account

The FXGT.com Islamic Account caters to traders adhering to Islamic principles, providing a Shariah-compliant trading option. It offers swap-free trading across all account types, eliminating interest (Riba) from trades in line with Islamic finance principles.

Traders can participate in various financial markets without incurring swap charges or engaging in interest-related transactions, ensuring compliance with their beliefs. Additional features on the Swap-Free Account are as follows:

On the Pro Account:

• ✅ Crypto: Swap-Free on MT5
• ✅ Equity Indices: Swap-Free for 6 days
• ✅ XAUUSD: Swap-Free for 6 days
• ✅ Forex Pairs: Swap-Free for 6 days
• ✅ Other Instruments: Swap-Free for 6 days

On the ECN Account:

• ✅ Crypto: Swap-Free on MT5
• ✅ Equity Indices: Swap-Free for 3 days
• ✅ XAUUSD: Swap-Free for 3 days

Depending on the account type, these features enable Islamic traders to engage in swap-free trading across multiple asset classes, including cryptocurrencies, equity indices, XAUUSD (gold), FX pairs, and other instruments.

FXGT.com Trading Platforms

At FXGT.com, traders can access the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are robust and highly regarded. These platforms are renowned for their sophisticated features, user-friendly interfaces, and extensive trading capacities.

FXGT.com MetaTrader 4 (MT4)

MT4 is a well-known platform designed for forex trading. It accommodates the requirements of traders, whether they are novices or seasoned experts. Some of the main features of MT4 include the following:

MT4’s Expert Advisors (EA) feature enables automated trading. Traders can create and implement trading strategies or select from various pre-programmed EAs. These automated systems can implement transactions per predefined rules and parameters, providing convenience and efficacy.  MT4 triumphs in forex trading by providing access to real-time market prices, liquidity, and execution speed. It supports various currency pairings, enabling traders to explore global forex markets.

Traders utilizing MT4 on FXGT.com can tailor their trading experience by customizing charts, indicators, and expert advisors to match their trading strategies and preferences. This adaptability improves the trading environment and increases productivity.

FXGT.com MetaTrader 5 (MT5)

FXGT.com also provides the advanced MetaTrader 5 (MT5) trading platform, which serves a broader range of asset classes and offers enhanced features. Some of the main features of MT5 include the following:

MT5 is a flexible multi-asset platform that enables traders to access and trade various financial instruments, such as Forex, securities, equity indices, precious metals, and energies. This flexibility enables diversification and market exploration across multiple markets on a single platform.

MT5 provides many indicators, analytical tools, and graphical objects. These instruments help traders conduct in-depth technical analysis, identify market trends, and make informed trading decisions.

Can I use APIs with FXGT.com?

No, FXGT.com does not support API.

What is the platform time for FXGT.com?

The platform time for FXGT.com is GMT+3.

Which Markets Can You Trade with FXGT.com?

Traders can expect the following range of markets from FXGT.com:

• ✅ Forex
• ✅ Cryptocurrencies
• ✅ Synthetic Cryptocurrencies
• ✅ Precious Metals
• ✅ Energies
• ✅ Indices
• ✅ Stocks

and many more.

Financial Instruments and Leverage offered by FXGT.com

Can I trade Ripple with FXGT.com?

Yes, you can trade XRP with FXGT.com with leverage up to 1:50.

What are FXGT.com synthetic cryptocurrencies?

Synthetic cryptocurrencies replicate the value and performance of real-world assets, exposing traders to traditional markets within the cryptocurrency sphere.

FXGT.com Trading and Non-Trading Fees

FXGT.com Spreads

With FXGT.com, traders encounter variable spreads determined by their trading account, the market being traded, and the prevailing market conditions. The following outlines the typical spreads that traders can anticipate:

FXGT.com Commissions

Commissions are only charged on the ECN Account as follows:

• ✅ Up to $6 round-turn on all forex pairs.
• ✅ Up to $5 on all Precious Metals.
• ✅ 1% on all cryptocurrency assets.

FXGT.com Overnight Fees, Rollovers, or Swaps

In the financial markets, overnight or rollover fees, or swaps, involve charges or credits applied to positions that remain open beyond the trading day.

Traders incur these fees when extending their positions overnight, which can impact the overall profitability of the trade.   The following typical overnight fees are applicable with FXGT.com:

FXGT.com Deposit/Withdrawal, Inactivity and Currency Conversion Fees

FXGT.com does not charge any deposit or withdrawal fees.  Traders should note that an inactive trading account with FXGT.com incurs an inactivity fee of $10 after 90 days of inactivity. This monthly fee will continue to be assessed until the account balance reaches $0.

Currency conversion fees could apply for deposits and withdrawals in currencies other than their account-based currency.

Does FXGT.com have an inactivity fee?

Yes, FXGT.com has an inactivity fee of $10 after three months of inactivity on a live account.

How much is the minimum deposit for FXGT.com?

The minimum deposit for all account types on FXGT.com is $5.

Calculating Forex Trading Rebates with FXGT.com

To calculate forex trading rebates, we can provide the following example:

• ✅ Assuming you are a registered partner with FXGT.com and have effectively referred a cohort of active traders to the platform, who collectively achieve a trading volume of 3,000 standard lots within a given month.
• ✅ According to the commission profiles outlined by FXGT.com, your partner status qualifies you for the Platinum tier, which entitles you to potential rebates of up to $10 per lot traded.

Let us proceed to calculate the accrued rebates for the month:

• ✅ Rebates per lot (Platinum tier) = $10
• ✅ Total trading volume generated by referred traders = 3000 standard lots
• ✅ Rebate earnings = Rebates per lot x Total trading volume
• ✅ Rebate earnings = $10 x 3000
• ✅ Rebate earnings = $30,000

Hence, in this illustrative scenario, your monthly rebates would amount to $30,000 from the cumulative trading volume generated by the traders you successfully referred to the platform.

Claiming and Withdrawing Forex Rebates at FXGT.com

At FXGT.com, the procedure for partners to claim and withdraw Forex rebates is designed to be straightforward and convenient.  Rebates are automatically calculated and deposited into the partner account, so submitting a claim is unnecessary. Partners can log into their accounts to view and monitor their earned rebates.

Regarding withdrawals, FXGT.com offers a variety of local currency payment options. Partners can make deposits and withdrawals in Fiat and Cryptocurrencies, with no transaction fees.

How to Deposit Funds with FXGT.com

To deposit funds into your FXGT.com trading account, Kenyan traders must adhere to the following procedures:

• ✅ Sign in to your FXGT.com trading account. Create an account by completing the registration process if you are a new user.
• ✅ After logging in, navigate to your account’s “Deposit” section, which is typically accessible via the main menu or dashboard.
• ✅ Select the method that best meets your needs.
• ✅ Specify the deposit amount while adhering to any minimum or maximum requirements set by FXGT.com.
• ✅ Provide the required information based on the selected deposit method, such as bank account or card details. Follow the directions precisely.
• ✅ Check the integrity of the data entered, including the deposit amount and payment information.

Once satisfied, submit the deposit request. FXGT.com will promptly implement the transaction and award your trading account with the funds.  After successful processing, you will receive a confirmation email from FXGT.com, and your account balance will reflect the deposited funds. You are now prepared to begin trading.

FXGT.com Fund and Rebate Withdrawal Process

Traders can adhere to the following regulations when withdrawing funds from their FXGT.com trading account:

• ✅ Visit FXGT.com and enter your credentials to access your trading account.
• ✅ Access the “Withdrawal” section of your account interface after logging in.
• ✅ FXGT.com offers a variety of withdrawal options, including bank wire transfers and electronic payment systems. Choose the withdrawal method that best suits your preferences.
• ✅ Specify the quantity you wish to withdraw from your trading account, ensuring it meets any minimum FXGT.com requirements.
• ✅ Depending on the selected withdrawal option, you may be required to provide additional information to complete the transaction.

Examine and confirm the withdrawal particulars, including the withdrawal amount and the accuracy of the information provided. Before proceeding, it is essential to confirm the accuracy of the data. Submit your request to withdraw. Your request will be promptly processed per FXGT.com‘s policies and procedures.

FXGT.com Bonuses and Current Promotions

At FXGT.com, customers can benefit from various incentives and promotions to enhance their trading experience. Here is an outline of the available incentives and promotions:

FXGT.com 25% Loyalty Bonus

FXGT.com values customer loyalty and rewards it generously. Clients are eligible for a 25% incentive on all transfer-ins, up to a maximum of $10,000. This benefit encourages traders to enhance their trading activities and maximize their investment.

FXGT.com Loyalty Reset Bonus

FXGT.com offers a Loyalty Reset Bonus to clients who reach the Loyalty Bonus cap to encourage sustained engagement.  Clients can reset their incentive to zero by meeting certain conditions, including being active traders, exhausting the Loyalty incentive limit, attaining a cumulative trading volume of 40 GTLots, and making cumulative deposits of $10,000.

This enables traders to maintain their trading momentum and seize additional opportunities.

FXGT.com VPS Sponsorship Program

FXGT.com offers a VPS Sponsorship Program that provides clients access to high-speed servers for uninterrupted trading experiences. To qualify for this program, clients must maintain a minimum trading account equity of $3,000 and a minimum monthly trading volume of 5 GTLots.

By meeting these requirements, traders can register for the VPS Sponsorship Program and take advantage of benefits such as lightning-fast trade execution and reduced order execution latencies, optimizing their trading efficiency.

How do I withdraw my FXGT.com sign-up bonus?

FXGT.com does not provide a sign-up bonus. However, with any other bonus, you cannot withdraw the trading credit, only the profits from using the bonus.

Can I earn when I refer friends to FXGT.com?

No, FXGT.com does not offer a referral bonus.

Legal and Tax Implications plus Risks and Limitations of Forex Trading Rebates at FXGT.com

In most countries, forex trading is subject to taxation. The specific tax regulations can differ from country to country.

In the United States, currency traders can be taxed according to the same rules as ordinary commodities or under special rules. Consult a tax expert to understand the tax implications of Forex trading and rebates in your specific situation.

Risks and Limitations of Forex Trading Rebates at FXGT.com

Forex trading entails substantial risks, including the possibility of losing your entire investment. These dangers apply regardless of whether you earn rebates on your transactions. Furthermore:

• ✅ The rebates you can earn are contingent upon your trading volume and the number of active traders you refer. Your rebate earnings may be limited if you do not trade frequently or cannot refer many active traders.
• ✅ The potential to earn rebates can incentivize overtrading, thereby increasing your trading risks. It is essential to trade responsibly and not let the possibility of rebates affect your trading decisions.

Although FXGT.com provides competitive spreads and a generous no-fee policy, additional fees may be associated with trading or withdrawing earnings. Before beginning trading, it is crucial to comprehend all prospective fees.

Strategies to Maximize Rebates with FXGT.com

Here are 5 tips on how to maximize your savings/profits with Forex Trading Rebates at FXGT.com:

• ✅ Ensure you thoroughly comprehend the rebate structure of FXGT.com. Understanding the program’s intricacies will allow you to maximize your earnings.
• ✅ Monthly, FXGT.com examines commission levels and divisions. Track your performance to ensure you meet the requirements to maintain or advance to a higher commission level.
• ✅ Occasionally, FXGT.com will offer promotions that will increase your rebate earnings. Keep your eyes peeled for these possibilities.
• ✅ Trading diverse assets can increase your trading volume and, as a result, your potential rebates.

As a partner, there are three methods to earn: Master Affiliates, Sub Affiliates 1, and Sub Affiliates 2. Utilize this structure to increase your overall profits.

FXGT.com Customer Support

Customer Support – Live Chat Questions and Answers

We tested FXGT.com’s live chat by asking them some of the most common FAQs prospective traders might have, and we have recorded their answers below. Answers are verbatim but edited for spelling and grammar.

How quickly will I receive my sign-up bonus?

“Kindly note that we do not offer a sign-up bonus; however, we offer a deposit bonus of 25% of the amount you transfer in.”

Do you recommend leverage?

“Please be aware that we are not to advise our clients on how to trade; it is their own decision. The leverage we offer is up to 1:1000.”

Which Forex Trading Strategy should I try as a beginner?

“We can advise on which account type is beginner-friendly. Not on how to trade as mentioned above.”

Do you provide compensation to eligible clients?

“Our clients are insured up to a total of €1,000,000. This insurance includes market coverage to secure liabilities against clients and other third parties against errors, omissions, negligence, or other risks that may result in financial loss.”

What is your requote policy?

“We offer Market Execution on all our tradable assets. Thanks to our liquidity aggregation engine and top-tier liquidity providers, we can provide our clients with competitive pricing and fast execution.

Our priority is to provide you with the best possible price in the market. During volatile market conditions, however, orders might be executed at a different price to protect you from extreme losses.”

How do you protect client data and information?

“All of our client’s information is confidential.”

What execution speeds can I expect, and what is your execution policy?

“We offer Market Execution on all our tradable assets. Our average speed of execution is 120 milliseconds from the moment your order reaches our trading server.

Some delays can be expected, which are out of our control due to the distance between your trading platform and our trading server.”

How do you handle customer complaints?

“If, for example, there is an issue, our team is more than happy to address and resolve it. You can always email us the issue, and we will see it.”

What is the recommended initial deposit?

“We do not recommend a client on how to manage their funds or how to trade. However, the minimum amount you can transfer into all account types is 5 USD.”

Does FXGT.com offer 24/7 customer support?

Yes, FXGT.com support is available 24/7 across channels.

How can I contact FXGT.com?

You can contact FXGT.com via Live Chat, email, phone, or social media.

FXGT.com User Reviews

🥇 Great Opportunity.

FXGT.com’s rebate program offers a great opportunity to earn extra income from my trading activities. The tiered commission structure rewards active trading and high volumes, which suits my trading style. However, it is important to note that the rebates are tied to trading volume, so your earnings may be limited if you are not a frequent trader. Overall, the program is a valuable addition to my trading strategy. – Andrew Finley

🥈 Impressed.

As a partner with FXGT.com, I appreciate the potential to earn lifetime commissions from the trading volume of my referred clients. The multi-level affiliate structure also provides multiple ways to earn. However, maintaining a high number of active traders can be challenging. Despite this, the program offers a lucrative opportunity for those who can successfully refer active traders. – Georgie Rodriguez

🥉 Good Potential. 

FXGT.com’s Forex Trading Rebates program provides a good incentive to trade more frequently. The higher the trading volume, the higher the potential rebates. However, the potential to earn rebates should not encourage overtrading, as this can increase trading risks. It is important to trade responsibly and not let the potential for rebates influence your trading decisions. Overall, the program is a nice bonus for active traders. – Ffion Wilson

FXGT.com Pros and Cons

Recommendation for Improving FXGT.com Cashback Rebates

Although the tiered commission structure rewards top performers, it can be discouraging for partners who cannot reach the upper tiers. FXGT.com could offer more commission structure flexibility to accommodate partners with lower trading volumes. Furthermore:

FXGT.com could enhance the clarity of its communication. This includes providing plain and comprehensive information regarding the calculation, crediting, and withdrawal of rebates.  FXGT.com could offer additional risk management education and resources to mitigate the risk of overtrading. This can help partners and traders make more knowledgeable and responsible trading decisions.

FXGT.com could evaluate the rebate program and solicit feedback from partners. This could assist them in identifying any issues or enhancement opportunities and ensuring that the program continues to meet the requirements of their partners.

Our Verdict on FXGT.com

In our experience, FXGT.com’s Forex Trading Rebates program offers a lucrative opportunity for partners to earn commissions based on the trading volume of their referred clients.

Furthermore, the tiered commission structure and the potential for lifetime earnings are strong positives, incentivizing partners to refer more active traders and encouraging higher trading volumes.

However, our findings show that the program might be challenging for those unable to refer many active traders.

Moreover, the earnings are tied to trading volume and the number of active traders, which could limit the earnings of partners who cannot maintain high referrals. Additionally, the program might incentivize overtrading, which can increase trading risks.

Frequently Asked Questions

What are forex trading rebates?

Forex trading rebates are a portion of the spread or commission you receive on each transaction, thereby minimizing your trading costs and maximizing your potential profits.

How do forex trading rebates work with FXGT.com?

Partners can earn commissions at FXGT.com based on the number of active traders they refer and the trading volume generated by those traders. The commission structure is stratified, with greater potential earnings for traders with greater trading volumes and greater trading activity.

Are forex trading rebates taxable?

As with other forms of income, forex trading rebates are generally subject to taxation. However, specific tax regulations can vary by country, so it is essential to consult a tax professional.

Can I lose my earned rebates at FXGT.com?

Your rebates should be secure once earned, though the specific terms and conditions may vary.

Are there any limitations or restrictions on using forex trading rebates?

You can earn rebates at FXGT.com based on your trading volume and the number of active traders you refer. Your rebate earnings may be limited if you trade infrequently or cannot refer many active traders.

Are there any requirements to be eligible for forex trading rebates with FXGT.com?

To qualify for FXGT.com forex trading rebates, you must become a partner and refer active traders. The greater your potential earnings are, the more active traders you refer and the greater the trading volume they generate.

Can I combine forex trading rebates with other promotions or bonuses offered by FXGT.com?

Yes, you can combine forex trading rebates when you sign up with an FXGT.com partner.

What is the minimum trading volume to earn rebates at FXGT.com?

There is no ongoing requirement to earn rebates on Bronze; you only require 1 – 9 referred activations. However, each subsequent level has trading volume requirements to maintain your tier.

Do I need to be a professional trader to earn rebates at FXGT.com?

No, you do not. Both novice and experienced traders can earn rebates, but the quantity earned is proportional to trading volume.

How are forex trading rebates credited to my account with FXGT.com?

Forex trading rebates are automatically calculated based on the trading volume generated by the traders referred by partners, and they are directly credited to the partner’s account with FXGT.com.

The more active traders referred and the higher the trading volumes generated, the higher the potential earnings credited to the partner’s account as rebates.

How can I sign up for forex trading rebates with FXGT.com?

To receive forex trading rebates from FXGT.com, you must register as a partner on their website and refer active traders.

Can I earn rebates on all types of trades at FXGT.com?

Partners can earn rebates on all types of qualifying trades that their clients execute to earn rebates from FXGT.com

How can I track and monitor my Forex trading rebates with FXGT.com?

By logging into your partner account at FXGT.com, you can monitor and manage your Forex trading rebates. The terms and conditions of their rebate program should define the features and instruments for monitoring rebates.

How much can I earn through forex trading rebates with FXGT.com?

The amount of forex trading rebates you can earn at FXGT.com is determined by your trading volume and the number of active traders you refer. The commission profiles are divided into five levels, with the top tier (Elite) earning as much as $12 per traded lot.