FxPro Cashback Rebates

Overall, FxPro offers Introducing Brokers commissions from 40% of the spread on MT4 Instant, MT4 Standard, MT4 Fixed, FxPro Edge MT5, and cTrader Accounts. However, IBs can earn up to 55% of the spread on trading volumes of more than 1 billion on all asset classes.

FxPro Cashback Rebates – 29 Key Point Quick Overview

1. ✅ FxPro Rebates Summary
2. ✅ How to Open a Forex Cashback Account with FxPro (via SAShares)
3. ✅ FxPro vs. Notable Other Brokers – Forex Rebate Comparison
4. ✅ Number of Traders participating in FxPro Cashback Rebates
5. ✅ Detailed Summary of FxPro
6. ✅ Geolocation of Traders
7. ✅ Advantages that FxPro has over Competitors
8. ✅ Who will Benefit from Trading with FxPro?
9. ✅ FxPro Regulation and Safety of Funds
10. ✅ FxPro Awards and Recognition
11. ✅ FxPro Account Types and Features
12. ✅ How to open an Account with FxPro
13. ✅ FxPro Trading Platforms
14. ✅ Which Markets Can You Trade with FxPro?
15. ✅ FxPro Trading and Non-Trading Fees
16. ✅ FxPro Deposits and Withdrawals
17. ✅ FxPro Education and Research
18. ✅ How to open an Affiliate Account with FxPro
19. ✅ FxPro Customer Support
20. ✅ FxPro Corporate Social Responsibility
21. ✅ FxPro Alternatives
22. ✅ FxPro VPS Review
23. ✅ FxPro Web Traffic Report
24. ✅ FxPro vs. Other Notable Brokers
25. ✅ Trading with FxPro Pros and Cons
26. ✅ FxPro Customer Reviews
27. ✅ Recommendation for Improving FxPro Cashback Rebates
28. ✅ Our Verdict on FxPro
29. ✅ FxPro Frequently Asked Questions

FxPro Rebates Summary

• ✅ FxPro has an overall rating of 4.6 / 5
• ✅ FxPro has a Real Customer Rating of 4.4 / 5

FxPro Cashback Forex Conditions

• ✅ Clients based in Spain, Portugal, or Belgium are not eligible for rebates.
• ✅ Using the “Close By” or “Multiple Close Buy” strategies will disqualify a client from receiving rebates from FxPro.

FxPro Additional Notes on Cashback Rebates

• ✅ By registering as an “introducer broker,” a business partner can earn commissions on trade volume from referred clients. So, while the partners can earn up to 55% of FxPro’s revenue, the clients can earn up to 30% of the spread.
• ✅ Earnings, trading activity, new sign-ups, deposits, withdrawals, and everything else you need to market your business are all summarized in a convenient location on FxPro’s partner dashboard.
• ✅ In the case of FxPro, rebates are paid out to eligible traders monthly, immediately following the month in which they were earned.

How to Open a Forex Cashback Account with FxPro (via SAShares)

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

For New Accounts

If you do not have an existing account with FxPro, you can easily obtain a cashback rebate in three easy steps.

✅ Step 1:  Visit the FxPro Website

Visit the FxPro website and click “Open New Account.”

✅ Step 2:  Submit a Trading ID

Submit your Trading ID to us: [SAShares]

For Example:

To: [SAShares]

Subject: New FxPro Rebate Application

“Dear SAShares Team,

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

✅ Step 3:  Wait for Approval

Wait for approval, which will be sent within [amount of hours]. Once approval is given, you will automatically receive your cashback rebates from the FxPro system.

For Existing Accounts

If you have an existing FxPro account, you can get a cashback rebate by following these easy steps.

✅ Step 1:  Contact FxPro via Email

Send an email to FxPro: [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 FxPro 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:  Create an Additional Account

Once you receive confirmation of the transfer from FxPro, you can create an additional trading account.

✅ Step 3: Contact SAShares

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

For Example:

To: [SAShares]

Subject: New FxPro Rebate Application

“Dear SAShares Team,

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

Understanding Forex Trading Rebates: How They Work with FxPro

FxPro offers forex trading rebates to clients based on the total volume of their trades with the company. Considering all introduced client orders opened or closed on the MT4, MT5, FxPro Edge, and cTrader platforms during a given month, this volume is determined.

To illustrate, if a client opens a position of 1 lot (100,000 units) in USDJPY and closes it within the same month, the calculated volume will be 200,000 USD.

For trades involving a base currency other than USD, the volume is calculated using the average exchange rate of the previous day to convert the amount to USD.

The commission is determined as a percentage of the executed spread for each order and is converted to USD using the following formula:

• ✅ Rebate on position opening: Spread on opening (in cents) x Commission percentage x (Trade size in lots / 2) x symbol’s lot size x Conversion rate to USD.
• ✅ Rebate on position closing: Spread on closing (in cents) x Commission percentage x (Trade size in lots / 2) x symbol’s lot size x Conversion rate to USD.

The commission levels are categorized as follows:

• ✅ Less than 100 million: Level 1 (40% commission)
• ✅ From 100 million to less than 400 million: Level 2 (45% commission)
• ✅ From 400 million to less than 1 billion: VIP (50% commission)
• ✅ 1 billion and above: VVIP (55% commission)

Can I earn forex rebates with FxPro on my Islamic account?

Yes, unless otherwise specified in the terms and conditions of FxPro, you could earn rebates on your converted swap-free account.

Can I earn rebates with FxPro when I trade crypto?

Yes, FxPro offers up to 30% rebates of the spread on cryptocurrency CFDs.

FxPro vs. Notable Other Brokers – Forex Rebate Comparison

To view FxPro’s comprehensive Forex Rebate Program, we compared Forex rebates with other notable brokers using the rebate ECN, VIP, or Professional Forex Rebate Accounts.

How to Maximize Your Savings/Profits with Forex Trading Rebates at FxPro

If you want to maximize your savings and profits in forex trading, FxPro’s rebate program is an indispensable instrument to help you reach your financial objectives. Here is a detailed guide on how to maximize FxPro’s forex trading rebates.

Open an Account with FxPro

You must register a trading account with FxPro. Select the account category that corresponds with your trading manner and preferences. FxPro provides various account options, including MT4 (Instant, Standard, and Fixed), FxPro Edge, MT5, and cTrader.

Familiarize Yourself with the Rebate System

Take the time to comprehend how FxPro’s rebate system functions. Learn the percentage of the spread or commission that will be returned to your account as a rebate for each trade you execute. This information will allow you to calculate and estimate your prospective rebate program earnings.

Trade and Accumulate Rebates

Commence active trading on your FxPro account. A percentage of the spread or commission will be accumulated as a rebate for each trade you execute.

Remember that every trade, whether you win or lose, contributes to your rebate earnings. The greater your trading volume, the greater your rebate earnings.

Monitor Your Rebate Earnings

As you continue trading, keep track of your rebate earnings. FxPro provides reliable and transparent reporting, enabling you to track the development of your rebate balance.

This data will assist you in evaluating your progress and comprehending the influence of rebates on your overall savings and profitability.

Utilize Additional Resources

FxPro’s commitment to your trading success extends beyond rebates. Utilize FxPro’s additional resources and expertise, including educational materials, market analysis, and trading tools.

These resources can assist you in refining your trading strategies, keeping abreast of market developments, and making educated trading decisions.

Reinvest Your Rebates

Consider reinvesting your rebate earnings into your trading endeavors. By reinvesting your rebates, you can potentially increase your profits and savings. This strategy enables you to leverage the effectiveness of rebates to improve your trading success further.

Continuously Evaluate and Adjust

Examine your trading performance and rebate earnings frequently. Analyze your trading strategies, pinpoint areas for development, and make the necessary modifications. You can maximize your performance and rebate program benefits by perpetually evaluating your trading activities.

Number of Traders participating in FxPro Cashback Rebates

FxPro has over 1.8 million registered clients. However, it is unclear how many participate in FxPro’s cashback rebates.

Detailed Summary of FxPro

Geolocation of Traders

Most of FxPro’s market share is concentrated in these areas:

• ✅ Vietnam – 8.75%
• ✅ United Kingdom – 8.68%
• ✅ Brazil – 8.66%
• ✅ Pakistan – 6.81%
• ✅ Malaysia – 6.75%
• ✅ Germany – 6.73%
• ✅ Thailand – 5.78%
• ✅ Kenya – 5.74%
• ✅ Italy – 5.70%
• ✅ South Africa – 5.54%s

FxPro Current Expansion Focus

• ✅ FxPro is focused on providing trading solutions to traders in the United Kingdom, Africa, and Europe.

Countries not accepted by FxPro

FxPro does not provide trading services in the following areas:

• ✅ The United States
• ✅ Canada
• ✅ Iran

Popularity among traders who choose FxPro

FxPro is well-regulated and provides comprehensive trading solutions, making it one of the top 200 brokers in the world.

Advantages that FxPro has over Competitors

FxPro has the following advantages over its competitors:

• ✅ FxPro offers a wide range of trading platforms, including MT4, MT5, and cTrader. In contrast, some other brokers may only offer one or two platform options.
• ✅ FxPro offers negative balance protection, which ensures that traders cannot lose more than the balance in their account, a feature that some other brokers may not provide.
• ✅ FxPro provides access to a large selection of trading instruments, including forex, commodities, and futures, as well as CFDs on stocks, ETFs, and indices, offering traders a broad range of trading opportunities that may not be available through other brokers.
• ✅ FxPro offers an extensive range of educational resources, including webinars, seminars, and an online trading academy, which may provide traders with a more comprehensive education than other brokers.
• ✅ FxPro offers several account types to cater to different trading styles and needs, including the MT4 Fixed Spread Account, MT4 Floating Spread Account, and the cTrader Account, which may provide more flexibility than some other brokers that offer fewer account options.

and much, MUCH more!

Is FxPro a safe option for beginners?

Yes, FxPro is a safe and versatile option for beginners, offering a demo account and educational resources.

Does FxPro offer 24/7 customer support?

No, FxPro does not offer 24/7 customer support but offers multilingual customer support 24 hours a day, 5 days a week across channels.

Tips for Choosing FxPro for Forex Trading Rebates / Key Factors to Consider When Evaluating FxPro’s Forex Trading Rebate Program

When evaluating FxPro for Forex trading rebates, there are several important factors to consider:

• ✅ FxPro is regulated in one tier-1 and two tier-2 jurisdictions, making it a low-risk forex and CFDs broker. Ensure that reputable financial authorities always regulate your broker for your safety (source).
• ✅ It is essential to compare FxPro’s services to those of other brokers. Admiral Markets, for example, is mentioned as offering traders superior pricing overall. Compare brokers’ rebate programs to ensure you receive the greatest offer (source).
• ✅ Comprehend the particulars of FxPro’s rebate program. As previously mentioned, FxPro’s rebate is a cashback offer in which the broker returns a minor portion of the transaction fee. Ensure the rebate program corresponds to your trading volume and strategy (source).
• ✅ When comparing various Forex and CFD brokers, spreads and commissions are crucial factors to consider. Spreads represent the sale rate of a broker. Consider FxPro’s commission structure and potential impact on your trading profits (source).

With FxPro Rebates, you can earn cashback on every transaction, maximizing your forex trading profits. Consider the impact of the rebate program on your trading profits

Are there asset classes that do not qualify for rebates with FxPro?

No, FxPro offers rebates across all asset classes, including crypto, Forex, shares, metals, and more.

What are the maximum rebates I can earn on shares with FxPro?

You can earn 30% of the spread by trading shares with FxPro.

Number of Traders participating in FxPro Cashback Rebates / Real-Life Examples:

FxPro has over 1.8 million registered clients. However, it is unclear how many participate in FxPro’s cashback rebates. Despite this, here are three real-life examples of how FxPro’s rebates could work for different traders:

Example 1: Casual Trader

• ✅ Client A is a casual forex trader who executes a few monthly trades with moderate trading volumes.
• ✅ They open and close positions on various currency pairs using FxPro’s platforms like MT4 and MT5.
• ✅ As casual traders, they fall into the “Less than 100 million” volume range and receive a commission percentage of 40%.
• ✅ For their trading activity, they earn rebates on each trade based on the executed spreads, and these rebates accumulate over time.

Example 2: Active Trader

• ✅ Client B is an active forex trader who frequently trades multiple lots and has substantial monthly trading volumes.
• ✅ They execute trades across different markets, including indices and commodities, using FxPro’s cTrader and FxPro Edge platforms.
• ✅ Being a high-volume trader, they qualify for the “From 100 million to less than 400 million” volume range and receive a commission percentage of 45%.
• ✅ With their high trading volume, Client B earns significant rebates, making their trading activity even more profitable.

Example 3: Professional Trader

• ✅ Client C is a professional forex trader with a substantial portfolio and executes large trades regularly.
• ✅ They actively trade major currency pairs and use advanced trading tools FxPro provides to manage their positions.
• ✅ As VIP traders, they belong to the “From 400 million to less than 1 billion” volume range, entitling them to a commission percentage of 50%.
• ✅ Due to their high-volume trading and VIP status, Client C enjoys substantial rebates, providing them with significant additional income.

Is FxPro suited to beginners?

Yes, FxPro is a suitable broker for beginners. FxPro offers online courses, trading psychology, and videos on a dedicated YouTube channel.

Does FxPro get good feedback from clients?

FxPro gets 48% 5-star reviews from 191, indicating that it gets decent client feedback.

Successful Traders Benefiting from FxPro’s Rebates – FxPro’s Forex Trading Rebates Empowering Retail Traders for Success

Scalpers

Scalpers are day traders who execute a large number of transactions in an attempt to profit from minute price fluctuations. As a result of their high trading volume, transaction costs can quickly accumulate for scalpers.

FxPro’s rebate program becomes an invaluable resource for successful scalpers, allowing them to reduce these costs significantly. Consequently, more profits can be retained, significantly improving their overall profitability.

Long-term Traders

Long-term traders, also known as position traders, take a distinct approach by holding transactions for extended periods, typically weeks or months.

Although they may not trade as frequently as scalpers, the size of their transactions can be significantly greater, resulting in higher transaction costs.

The FxPro rebate program meets the requirements of these traders by offering compensation on every transaction. This reduces transaction costs, boosting net profits and contributing to long-term success.

How can I benefit from FxPro’s rebate program?

By participating in FxPro’s rebates program, you can earn a portion of your transaction costs back as rebates on every trade.

The program offers a transparent and trustworthy method for accumulating rebate earnings, allowing you to maximize your savings and increase your chances of success in forex trading.

What are the rebates I can earn on EUR/USD?

You could earn back 30% or 30% of the spread + 24.50% per million USD traded. Furthermore, Spread Betting Accounts can earn up to 10% of the execution or bet spread.

Who will Benefit from Trading with FxPro?

FxPro is a community that supports traders of all skill levels, from novice to professional. The wide variety of accounts and platforms available makes it easy to compare asset prices and fees.

Parameterizing charts and placing trades is a breeze on both mobile and desktop platforms, thanks largely to cTrader’s intuitive layout that makes even the platform’s extensive array of advanced charting tools easily accessible.  No matter where you are or how you choose to pay, FxPro’s onboarding process is simple. However, advanced users may appreciate certain features that are missing.

While the cTrader modular platform is ideal for multitasking, advanced charting, and analyzing the performance of algorithms, it lacks certain features, such as a guaranteed stop-loss trade type and extensive educational resources.

Furthermore, deciding which platform (MT4, MT5, cTrader) and account type will work best for you could be difficult.  The simple spread-betting platform FxPro Edge, the automatic market news reporter, and the ability to see the positions of other clients are all benefits that even novice traders can enjoy once they have gotten their bearings.

FxPro Regulation and Safety of Funds

FxPro Global Regulations

How FxPro Protects Traders and Client Funds

Does FxPro have FCA regulations?

Yes, FxPro is regulated in the United Kingdom by the FCA under license reference number 509956.

What does FxPro do with my funds?

FxPro keeps all client funds in segregated accounts, as required by regulatory entities.

FxPro Awards and Recognition

According to FxPro’s website, the company has been recognized for the following honors in recent years as a broker:

• ✅ Best Broker in the United Kingdom 2021: Ultimate Fintech Awards.
• ✅ Best Forex Provider 2021: Online Personal Wealth Awards.
• ✅ Best Trading Platform 2020.
• ✅ Best Broker 2014-2020: Financial Times and Investors Chronicles Awards.

Finally, FxPro was awarded Best Forex Trading Experience 2018: UK Forex Awards.

FxPro Account Types and Features

An advantage of trading with FxPro is the variety of platforms and account types offered. FxPro provides a range of top-grade trading platforms, including cTrader, Metatrader 4, Metatrader 5, and proprietary solutions.  FxPro offers different trading conditions for a more personalized experience tailored to individual preferences.

FxPro offers over 2100 CFD assets in 6 classes, quality execution, advanced online trading tools, and trading systems. These features make FxPro a suitable choice to meet the demands of a broad range of traders.

FxPro Standard Account

If you want to trade with just the bid and ask prices without paying commissions, the Standard Account is what you need. Foreign exchange, metals, indices, energies, futures, cryptocurrencies, and stocks can all be traded with no commissions and just a spread.

FxPro Pro Account

If you are an investor who wants to trade with just the bid and ask prices, without paying any extra commissions, then the Pro Account is highly recommended. Like FxPro MT4, MT4 Instant gives you access to the same markets and assets.

FxPro Raw+ Account

The Raw+ Account is ideal for traders who want the tightest spread across financial markets to profit from rapid changes. Traders who choose this account have zero-pip spreads but face a $3.5 commission per side on Forex.

FxPro ECN Account

The ECN Account is popular for more experienced traders who want the tightest spreads for fast-paced strategies such as scalping and day trading, among others.

FxPro Demo Account

A prospective trader can sign up for a free FxPro demo account on any supported platform. Demo accounts are accessible across all FxPro’s platforms and come pre-loaded with 500,000 USD in virtual currency. Furthermore, with a demo account, you can test different trading strategies and get a feel for the market without risking any real money.

FxPro Islamic Account

FxPro offers accounts without swaps for religious purposes. However, fees may apply once certain instruments have been traded for a certain number of days.

How to open an Account with FxPro

To register a live trading account with FxPro, you can follow these steps:

• ☑️ FxPro requires clients to provide personal information through an intake form, including their email address, name, telephone number, country of residence, and date of birth.
• ☑️ A confirmation pin will be sent to the client’s provided email address.
• ☑️ Prospective traders are then required to answer questions about their financial knowledge and level of trading experience.
• ☑️ Traders will select their preferred trading platform (MT4, MT5, FxPro Edge, or cTrader), default leverage, base currency, and preferred language of communication.
• ☑️ To verify their identity, individuals must submit a copy of their National ID or Passport with the signature page and a copy of a recent utility bill or bank statement showing their name and address that is not older than three months.
• ☑️ FxPro will use the information provided to conduct further inquiries about prospective traders to determine their suitability.

Furthermore, FxPro reserves the right to conduct an assessment at any stage of the relationship with its clients.

What is the minimum deposit for FxPro?

The minimum deposit for FxPro is $100.

How long does it take FxPro to approve my trading account?

FxPro takes 10 minutes to verify your KYC documents and approve your account.

FxPro Trading Platforms

FxPro offers traders a choice between these trading platforms:

• ✅ MetaTrader 4
• ✅ MetaTrader 5
• ✅ cTrader
• ✅ FxPro App

MetaTrader 4

MetaTrader 4 is a popular trading platform that traders have used for over a decade.

FxPro’s version of MT4 comes with advanced trading tools and features, including multiple charting options, customizable indicators, and algorithmic trading capabilities. It also has a user-friendly interface, making it easy for traders to navigate and execute trades.

MetaTrader 5

MetaTrader 5 is the latest version of the MetaTrader platform and is available to FxPro clients. MT5 is a multi-asset platform that allows traders to trade Forex, stocks, futures, and other financial instruments.

MetaTrader 5 has advanced tools such as technical analysis indicators and automated trading options. Additionally, the platform supports hedging and netting, allowing traders to manage their positions in a way that suits their strategy.

cTrader

cTrader is a platform designed for Forex and CFD trading. It has a sleek and intuitive interface that allows traders to execute trades quickly and efficiently. cTrader has advanced charting tools, trading signals, and algorithmic trading options.

Furthermore, cTrader supports manual trading and allows traders to use custom indicators and strategies.

FxPro App

The FxPro App is a mobile trading platform that allows traders to access their FxPro accounts on the go. The FxPro app is available for iOS and Android devices. In addition, the FxPro app has various features, including real-time quotes, charting tools, and one-click trading.

It also supports push notifications, keeping traders updated on market events and price movements. Additionally, the app has a user-friendly interface, making it easy for traders to navigate and manage their accounts.

Does FxPro offer the same distribution of assets across platforms?

Yes, traders can access all trading instruments across platforms.

Where can I view my FxPro rebates?

You can view your rebates in your client zone.

Which Markets Can You Trade with FxPro?

Traders can expect the following range of markets from FxPro:

• ✅ Forex
• ✅ Futures
• ✅ Indices
• ✅ Shares
• ✅ Metals
• ✅ Energies
• ✅ Cryptocurrency CFDs

Financial Instruments and Leverage offered by FxPro

What spreads can I expect on Forex with FxPro?

You can expect spreads from 0.0 pips on the Raw+ and ECN accounts, 0.2 pips on the Pro Account, and 1.2 pips on the Standard Account.

Does FxPro offer real stock trading in US markets?

No, FxPro only offers stock CFDs on US stock exchanges.

FxPro Trading and Non-Trading Fees

Spreads

FxPro charges variable spreads marked up, which means that the broker takes its fee from the spread on some accounts and from flat commission fees on accounts without a spread. The typical spread that traders can expect with FxPro according to the account types is as follows:

• ✅ Standard Account – 1.2 pips EUR/USD
• ✅ Pro Account – 0.6 pips EUR/USD
• ✅ Raw+ Account – 0.0 pips EUR/USD
• ✅ ECN Account – 0.0 pips EUR/USD

Commissions

According to FxPro, the Standard and Pro Accounts are not subject to commission fees because the broker fee is taken from the spread. However, on the Raw+ and ECN Accounts, traders can expect zero-pip spreads and commissions from $3.5 per side, depending on the financial instrument.

Overnight Fees, Rollovers, or Swaps

To account for the expense of funding your transaction, swap/rollover fees are assessed when a position is left open overnight. At 11 p.m. (UK time), the swap is applied to the client’s account and converted to the account’s base currency.

Traders should note that the following conditions apply to overnight fees:

• ✅ Swap costs are applied daily for all instruments traded on the MT5 platform.
• ✅ FxPro also provides swap-free accounts. However, they have certain stipulations.
• ✅ Future contracts incur no swaps.
• ✅ Swap prices are checked and adjusted regularly.

The swap is computed and charged once every workday on the FxPro, MT4, and cTrader platforms, except on Friday when it is charged three times due to the weekend rollover (Friday – Monday).

Deposit and Withdrawal Fees

FxPro does not charge any deposit or withdrawal fees.

Inactivity Fees

FxPro does not currently confirm the existence of an inactivity fee on dormant accounts.

Currency Conversion Fees

Currency conversion fees could apply if traders deposit or withdraw funds in currencies other than the accepted base account currencies.

Calculating Forex Trading Rebates with FxPro

With FxPro, the calculation of Forex trading rebates is straightforward, based on two factors: the total volume of a client’s trades and the executed spread of each order. Below we have given some examples of how rebates can be calculated:

Haider Carrillo

Haider is a VIP trader at FxPro and executes a high volume of trades. Haider’s total trading volume for the month is 750 million USD.

Assuming the average spread on closing is 0.5 cents for their trades,

• ▶️ The commission percentage for this VIP level is 50%.
• ▶️ Haider opens a position of 5 lots (500,000 units) in AUDUSD and closes it within the same month.
• ▶️ The conversion rate from AUD to USD is 0.75.
• ▶️ Calculating the rebate on position closing:
• ▶️ = 0.5 cents x 50% x (5 lots / 2) x 100,000 AUD (lot size) x 0.75 (Conversion to USD)
• ▶️ = 0.5 x 0.5 x 2.5 x 100,000 x 0.75
• ▶️ = 93,750 USD

Therefore, Haider will receive an impressive rebate of 93,750 USD for closing this trade.

Darcey Stuart

Darcey is a moderate forex trader with FxPro and executes several monthly trades. Darcey’s total trading volume for the month is 75 million USD.

Let’s assume the average spread on opening a position is 0.8 cents for their trades.

• ▶️ The commission percentage for this volume range is 40%.
• ▶️ Darcey A opens a position of 2 lots (200,000 units) in EURUSD and closes it within the same month.
• ▶️ The conversion rate from EUR to USD is 1.18.
• ▶️ Calculating the rebate on position opening:
• ▶️ = 0.8 cents x 40% x (2 lots / 2) x 100,000 EUR (lot size) x 1.18 (Conversion to USD)
• ▶️ = 0.8 x 0.4 x 1 x 100,000 x 1.18
• ▶️ = 47.2 USD

Therefore, Darcey will receive a rebate of 47.2 USD for opening this trade.

Wyatt Archer

Wyatt is an active trader with FxPro and executes large trades regularly. Wyatt’s total trading volume for the month is 300 million USD.

Assuming the average spread on opening is 1.2 cents for their trades,

• ▶️ The commission percentage for this volume range is 45%.
• ▶️ Wyatt opens a position of 10 lots (1,000,000 units) in GBPUSD and closes it within the same month.
• ▶️ The conversion rate from GBP to USD is 1.38.
• ▶️ Calculating the rebate on position opening:
• ▶️ = 1.2 cents x 45% x (10 lots / 2) x 100,000 GBP (lot size) x 1.38 (Conversion to USD)
• ▶️ = 1.2 x 0.45 x 5 x 100,000 x 1.38
• ▶️ = 37,800 USD

Therefore, Wyatt will receive a substantial rebate of 37,800 USD for opening this trade.

Does FxPro add a markup on spreads?

Yes, FxPro adds markup to the Standard and Pro Accounts spreads. A mark-up is not added on accounts with zero-pip spreads, as a commission fee is charged.

Does FxPro charge additional fees on Islamic accounts?

FxPro does not charge additional fees on Islamic accounts when positions are open after a certain time. However, this is subject to change.

Claiming and Withdrawing Forex Rebates at FxPro

• ✅ Claiming and withdrawing your Forex rebates at FxPro is a straightforward process.
• ✅ Once you have earned rebates, you can log in to your FxPro Direct and select ‘Withdraw’ or ‘Wallet’. For the withdrawal to be successful, you should transfer your funds.
• ✅ FxPro processes all the deposits and withdrawals with no commissions from their side. However, the withdrawal process can take up to five business days.

Remember, to start getting rebates for trading monthly, you need to open an account on FxPro using a referral link from a rebate service provider.

FxPro Deposits and Withdrawals

FxPro offers the following deposit and withdrawal methods:

• ✅ Bank Transfers
• ✅ Credit/Debit Cards
• ✅ Neteller
• ✅ PayPal
• ✅ Skrill
• ✅ UnionPay

How to Deposit Funds with FxPro

To deposit funds to an account with FxPro, traders can follow these steps:

• ✅ Log in to your FxPro account.
• ✅ Click on the “Deposit Funds” button at the page’s top right corner.
• ✅ Select the payment method you want to use to deposit funds. FxPro offers various payment options, including bank transfer, credit/debit cards, PayPal, Skrill, Neteller, and more.
• ✅ Enter the amount you want to deposit and click “Next.”
• ✅ Follow the on-screen instructions to complete the payment process. Depending on your payment method, you may need to enter your payment details or be redirected to a payment gateway.

Once the payment is successful, the funds will be credited to your FxPro account.

FxPro Fund Withdrawal Process

To withdraw funds from an account with FxPro, traders can follow these steps:

• ✅ Log in to your FxPro account.
• ✅ Click on the “Withdraw Funds” button at the page’s top right corner.
• ✅ Select the payment method you want to use to withdraw funds. FxPro offers various payment options, including bank transfer, credit/debit cards, PayPal, Skrill, Neteller, and more.
• ✅ Enter the amount you want to withdraw and click “Next.”
• ✅ Follow the on-screen instructions to complete the withdrawal process. Depending on your payment method, you may need to enter your payment details or be redirected to a payment gateway.
• ✅ Once the withdrawal request is submitted, FxPro will process the request within 1-2 business days.

Once the withdrawal is processed, the funds will be credited to your selected payment method. The time it takes for the funds to be credited may vary depending on your chosen payment method.

How quickly does FxPro process withdrawal requests?

According to FxPro, withdrawals take a few hours during working hours. If withdrawals are received after business hours, they are typically processed the next working day.

Does FxPro have a dedicated withdrawal portal?

Yes, FxPro withdrawals can be done from the client’s account or personal portal.

FxPro Education and Research

Education

FxPro offers the following Educational Materials:

• ✅ 9 Online Courses
• ✅ 4 Fundamental Analysis Courses
• ✅ 5 Technical Indicator Courses
• ✅ Trading Psychology

Furthermore, FxPro offers more videos on its dedicated YouTube channel.

Research

FxPro offers traders the following Research and Trading Tools:

• ✅ Economic Calendar
• ✅ Forex News
• ✅ Trading Calculators
• ✅ Earnings Calculators
• ✅ FxPro Market News
• ✅ Technical Analysis through Trading Central
• ✅ Trader’s Dashboard
• ✅ FxPro Direct App
• ✅ FxPro VPS
• ✅ Download Centre

and much more.

FxPro Bonuses and Current Promotions / FxPro’s Forex Trading Rebates: Exclusive Promotions and Bonuses

FxPro does not offer bonuses or promotions to traders. However, FxPro has an attractive rebate program that rewards partners and their clients. The FxPro rebates program is an effective instrument for forex traders seeking to maximize profitability.

With rebates of up to 30% of the spread offered on a variety of FxPro account types, including MT4 (Instant, Standard, and Fixed), FxPro Edge, MT5, cTrader, and Spread Betting, traders can reduce their transaction costs and retain a larger portion of their profits.

This transparent and trustworthy program ensures that every trade contributes to the trader’s rebate earnings, which are deposited directly into their account. By utilizing the FxPro rebates program, forex traders can increase their savings and improve their chances of success.

Does FxPro offer a broker bonus?

FxPro does not currently offer any broker bonuses.

Can I earn back on my deposits with FxPro?

You cannot get a deposit bonus from FxPro at this given time. However, you can sign up for updates from the FxPro website to determine when the broker announces new bonuses.

How to open an Affiliate Account with FxPro

To register an Affiliate Account with FxPro, traders can follow these steps:

• ☑️ Go to FxPro’s website and click on the “Partners” tab at the top of the page.
• ☑️ Click on the “Join our Partnership Program” button.
• ☑️ Fill out the registration form with your personal information, including your name, email address, phone number, and country of residence.
• ☑️ Select the type of partnership you are interested in, such as Introducing a Broker or Affiliate.
• ☑️ Fill out the additional information required for your chosen partnership type, such as your business name and website for Affiliate accounts.
• ☑️ Agree to the terms and conditions of the partnership program and click on the “Register” button.
• ☑️ You will receive a confirmation email to access your affiliate account with your login credentials.

Log in to your affiliate account and start promoting FxPro to earn commissions on referred clients.

FxPro Affiliate Program Features

These are merely a few of the many features that FxPro offers its partners:

• ☑️ FxPro offers some of the most competitive commissions in the industry, which means that partners can earn more for their referrals.
• ☑️ FxPro provides partners with advanced tracking and reporting tools, making it easy to keep track of referrals, commissions, and other important metrics.
• ☑️ Partners have access to a dedicated account manager who can support and assist whenever needed.
• ☑️ FxPro offers a wide range of marketing materials, including banners, landing pages, and other creatives, to help partners promote FxPro to their audience.
• ☑️ FxPro offers a range of partnership options, including Introducing Broker, Affiliate, and white-label partnerships to suit the needs of different partners.
• ☑️ FxPro is a leading online broker that offers high-quality products and services, including advanced trading platforms, competitive pricing, and excellent customer support.

Overall, FxPro’s partnership program provides partners with the tools, support, and resources they need to build a successful partnership and earn a significant income from referring clients to FxPro.

Legal and Tax Implications: Understanding Forex Trading Rebates with FxPro

Forex trading rebates could carry legal and tax consequences depending on your jurisdiction. It is essential to consult a tax expert to comprehend the potential tax implications of forex trading rebates, as the tax regulations governing forex trading differ from country to country.

Like other brokers, FxPro does not offer advice on legal, financial, tax, or regulatory matters on trading or investments. The trader must understand their trading activities’ legal and tax ramifications.

Risks and Limitations of Forex Trading Rebates at FxPro

While forex rebates can increase profits, it is essential to remember that they should not be your primary trading objective. Rebates should be considered a bonus and not impact your trading decisions.

FxPro is limited by the absence of guaranteed stop-loss orders. FxPro, unlike some other brokers, does not offer this function.

Strategies to Maximize Rebates with FxPro

Consider implementing the following strategies to maximize your rebates through FxPro

• ✅ High-Volume Trading: Frequent trading could eventually result in greater rebate earnings.
• ✅ Utilize a Referral Link: Create an FxPro account using a referral link from a rebate service provider to receive monthly rebates.
• ✅ Consider Your Trading Strategy: Your trading strategy can affect the rebates you earn. Longer holding periods may result in fewer rebates but reduced transaction costs for traders.

FxPro Customer Support

There are several ways to contact FxPro customer support:

• ✅ Live Chat: You can access live chat support by clicking on the live chat icon on the FxPro website. This will connect you to a customer support representative who can assist you with any questions or issues.
• ✅ Email: You can email FxPro customer support at [email protected]. This is a good option if you have a non-urgent query or prefer to have a written record of your communication.
• ✅ Phone: You can contact FxPro customer support by phone. The phone numbers vary depending on your location, and you can find the appropriate phone number on the FxPro website.

Finally, Social Media. You can also reach out to FxPro customer support through their social media channels, such as Twitter or Facebook. They usually respond promptly to messages and posts.

What is FxPro’s current customer rating?

FxPro has an overall customer rating of 4.1/5, which is a decent rating.

Does FxPro have a risk warning?

Yes, FxPro has a detailed risk warning on the official website.

FxPro Corporate Social Responsibility

FxPro, as a global company with a diverse, multi-ethnic workforce, believes that the impact of its charitable work is far greater when employees are empowered to support the charities of their choice.  In addition, FxPro works hard to build strong, lasting relationships between the company and the communities with which it works.

As a result, FxPro is now involved in a wide range of charities and has recently pledged its support to UNICEF, the Red Cross, local and international hospitals, care facilities, and charitable fundraising events.

FxPro Alternatives

• 🥇 XM – Regular, Mini, Ultra-Low, Shares, and XM Zero are some of the trading account types provided by XM. XM has pursued regulation from various financial authorities to service users from over 190 countries. Based on the dependability of its platform and execution, XM shines. The business promises that over 99% of its transactions are executed and matched in less than one second, with no issues retrieving quotations or orders being refused.

• 🥈 Forex.com – FOREX.com is a well-rounded broker with an easy-to-use web interface that offers a wide range of basic and sophisticated features, such as risk-management tools and detailed charts, making it a suitable choice for novice traders seeking to expand their trading abilities.

• 🥉 Pepperstone has risen to prominence in the online brokerage industry. Pepperstone provides straightforward market access, allowing clients to concentrate profitably on the complex business of trading. In addition, a no-swap Islamic account from Pepperstone incurs administrative costs after a two-day holding period.

FxPro VPS Review

The FxPro Virtual Private Server (Forex VPS) allows you to upload and operate MT4 Expert Advisors and cAlgo Robots 24 hours a day without keeping your trading terminal open. FxPro’s VPS services are offered by a third party, Beeks FX VPS, for 30 USD per month.

Because of its closeness to key international exchanges, VPS services have the benefit of never experiencing connectivity troubles and having exceptionally low latency.

FxPro Web Traffic Report

FxPro vs. Other Notable Brokers

Trading with FxPro Pros and Cons

FxPro Customer Reviews

🥇 Beneficial Choice!

For my trading needs, the Standard account offered by FxPro is the most suitable. I primarily trade on H4-D and W timeframes. Therefore, the width of spreads has not been a significant concern for me. While I did not test the broker myself, a recommendation from a trusted friend led me to choose FxPro. I have already benefited from this decision. – Yousuf Ibarra

🥈 Happy Thusfar. 

After several months of trading with FxPro, I have yet to encounter any significant flaws. The broker appears diligent in minimizing potential risks that may negatively impact their clients. Therefore, I have no reservations about continuing to work with this broker. – Harun Salazar

🥉 Standout Broker.

One of the standout features of FxPro is the flexibility it offers its clients. The broker provides multiple options for trading platforms and leverage, empowering traders to make decisions that best suit their needs. This approach to client service is one of my favorite aspects of working with FxPro. – Heidi Gomez

Recommendation for Improving FxPro Cashback Rebates

FxPro currently offers cashback rebates according to the trading accounts and instruments being traded. Therefore, all financial markets and trading options are covered, and there is no improvement necessary on FxPro’s rebates program.

• ✅ Boost Transparency and Comprehension: Ensure traders thoroughly comprehend how the FxPro rebate system operates. This includes the percentage of the spread or commission that will be returned as a rebate to their account for each trade they execute. This can be accomplished with the aid of exhaustive educational materials and resources.
• ✅ Improve Reporting: Provide traders with reliable and transparent reporting to monitor their rebate balance’s growth. This will help traders evaluate their progress and comprehend how rebates impact their overall savings and profitability.
• ✅ Encourage Rebate Reinvestment: Motivate traders to reinvest their rebate earnings in their trading activities. The rebates are reinvested in the business so the traders can make more money. This strategy enables traders to increase their trading success by leveraging the efficacy of rebates.
• ✅ Encourage traders to evaluate their trading performance and rebate earnings. Traders can increase their performance and rebate program benefits by analyzing their trading strategies and identifying areas for improvement.

The term “referral” refers to obtaining a license to use a company’s services. This could be advertised more extensively to increase the number of traders who receive rebates.

Our Review Methodology:   For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.  This evaluation comprises positives, disadvantages, and an overall score based on our findings. We want to assist you in locating the ideal broker for your requirements.  Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.

Addendum/Disclosure:  No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.

Our Verdict on FxPro

FxPro is a reputable online broker with a long-standing history of providing excellent trading services to its clients.

Furthermore, FxPro offers a wide range of trading instruments and platforms, including the popular MetaTrader 4 and 5, cTrader, and a proprietary platform. FxPro also provides several account types, including a demo and Islamic accounts.

The broker’s trading conditions are competitive, with tight spreads, fast execution speeds, and no requote. In addition, FxPro is regulated by multiple financial authorities, including the FCA, CySEC, and SCB, which adds to its credibility and reliability.

In terms of customer support, FxPro offers a 24/5 multilingual support team that is available via various channels, including email, live chat, and phone.

FxPro Frequently Asked Questions

What are Forex Cashback Rebates?

Forex cashback rebates are an incentive offered by Forex brokers to traders in which a portion of the commission charged on trades is refunded to the trader. Cashback rebates allow traders to earn back a portion of the trading costs they incur.

Is FxPro a Forex Rebate provider?

FxPro is a Forex rebate provider that allows traders to earn cashback rebates on their trading activity. The broker provides various rebate programs, including the Cashback Program, which allows traders to earn cash rebates based on their trading volume.

Does FxPro provide a Cashback Forex Contest?

FxPro does not provide a Cashback Forex Contest.

How does the Forex Cashback Rebate process work?

The Forex cashback rebate process works by the broker sharing a portion of the commission they earn from the trade with the trader. The rebate amount is typically a percentage of the spread or commission charged on the trade, and the rebate is credited back to the trader’s account.

Where can I find FxPro’s Cashback Forex Calendar?

FxPro does not have a cashback forex calendar. Instead, FxPro offers an economic calendar, a tool that provides users with real-time updates on upcoming economic events and indicators.

Furthermore, it covers a range of global economic events, such as central bank meetings, economic data releases, and political events, that could potentially affect the financial markets.

I’m an existing trader, how can I transfer my account to earn rebates via FxPro?

Existing traders can transfer their accounts to earn rebates via FxPro by contacting their account manager or the FxPro customer support team.

Can I use a Forex Rebate EA with FxPro?

Traders can use a Forex rebate EA with FxPro if the EA complies with the broker’s trading conditions and policies.

How many traders with FxPro use the Cashback Rebate feature?

There is no publicly available information on the number of traders with FxPro that use the Cashback Rebate feature.

What are the maximum rebates I could earn with FxPro?

The maximum rebates a trader could earn with FxPro depends on the program they choose and the trading volume they generate. Rebate rates vary by instrument and account type, with higher rebate rates available for higher-volume traders.

Will my FxPro fees and spreads increase when I use the Cashback Rebate feature?

Using the Cashback Rebate feature does not increase the fees or spreads charged by FxPro. The cashback rebate is separate from the broker’s fees, spreads, and is credited to the trader’s account.

Why should I work through the SA Shares Cashback?

You can expect some of the highest commissions if you work through SA Shares to earn Cashback Rebates from FxPro.

This is because SA Shares aims to negotiate the most competitive commission rates with brokers such as FxPro to ensure you get the most back from your trading activities.

How quickly will I receive my sign-up bonus?

“Bonuses are usually used to lock kin customer deposits and often come with unrealistic conditions. This is not something we do at FxPro and is now also banned by regulators.”

How can I manage my trading risk when I sign up?

“Please note that we do not offer any trading advice. However, you can set a stop-loss to minimize your losses as a client. We also apply stop-out at 50% of the margin level and negative balance protection.”

Which Forex Rebate Trading Strategy should I try as a beginner?

“FxPro cannot provide such financial advice.”

Do you provide compensation to eligible clients?

“Eligible traders are covered under ICF compensation up to 20,000 EUR.”

What is your requote policy?

“On instant execution, if the price you requested is unavailable, you get a requote for a better price.”

How do you handle customer complaints?

“Our complaint handling procedure is stated in the below link:

What is the recommended initial deposit?

“The recommended minimum initial amount is 1000 USD. However, you may fund as little as 100 USD.”

Can I participate in the cashback rebate program if I am a beginner trader?

Yes, FxPro’s cashback rebate program is open to traders of all experience levels. It can be a useful instrument for beginners to maximize their forex trading profits.

What are forex trading rebates?

Forex trading rebates, also known as cashback, are a financial inducement offered by brokers to their traders in which a portion of the trade’s transaction costs are returned to the trader.

How do forex trading rebates work with FxPro?

Forex trading rebates at FxPro function by returning a portion of the trader’s transaction costs for each trade, regardless of the trade’s outcome.

Can I change my FxPro account type and still receive cashback rebates?

Yes, you can alter the category of your FxPro account and still be eligible for commission rebates.

Are forex trading rebates taxable?

Yes, they might be. Depending on your jurisdiction, Forex trading rebates can have tax implications. Therefore, we advise traders to consult a tax expert to comprehend their situation.

Can I withdraw my cashback rebates from FxPro?

Yes, you can withdraw your cashback rebates from your FxPro account once they have been credited. The withdrawal procedure is accessible via the FxPro Direct platform.

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

Yes, forex trading rebates can be subject to limitations or restrictions, such as minimum trading volume requirements or restrictions on certain transaction types.

Is there a minimum trading volume requirement to qualify for cashback rebates?

FxPro’s minimum trading volume requirement for commission rebates may vary by account type and rebate program.

Are there any requirements to be eligible for forex trading rebates with FxPro?

Typically, to qualify for FxPro’s forex trading rebates, you must sign up through a rebate service provider and satisfy the trading volume and other requirements specified by the rebate program.

Can I combine forex trading rebates with other promotions or bonuses FxPro offers?

FxPro does not currently offer other bonuses. Therefore, you cannot combine rebates with bonuses.

Are any fees or costs associated with participating in FxPro’s cashback rebate program?

Participating in FxPro’s cashback rebate program requires no additional fees or costs. FxPro uses rebates to reward traders and improve their trading experience.

How are forex trading rebates credited to my account with FxPro?

Forex trading rebates are typically credited to your trading account, from which you can withdraw them per your partner broker’s withdrawal policies.

How can I sign up for forex trading rebates with FxPro?

To qualify for FxPro’s forex trading rebates, you must register an account with a rebate service provider partnered with FxPro.

How can I track and monitor my Forex trading rebates with FxPro?

Depending on the configuration of the rebate program, you can trace and monitor your Forex trading rebates through the rebate service provider’s platform or your FxPro trading account.

How much can I earn through forex trading rebates with FxPro?

You can earn up to 55% with FxPro. However, your earnings will depend on the account type and trading volume.