The referral must register a real account with the broker using a referral link so that the registration can be traced back to the trader. You should consider whether you can afford to take the high risk of losing your money. LimeFX’s No Deposit Bonus promotion, literally gives away bonus for traders with no deposits. Deposit your account using any method is available in your broker, then trading normally, and rebate will be paid automatically according to payment schedule or you can withdraw it manually. Unlike other Forex brokers, LimeFX was created by a group of traders and has come a long way from its roots as an educational center to become a major Forex brokerage company that continues to expand rapidly. Also, there is always a possibility to take part in different contest programs, often conducted by broker companies.
The information on this site is not directed at residents of the United States and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Add your trading account in the member area MyPBFX to track rebate history and access all features, if not yet member please Sign up first. We offer high commissions and multilevel partnership to partners who attracts a lot of Forex leads. Trade was conducted on the GBP/USD pair, with a spread size of 3 points, which is $30 for a standard lot. PAYBACKFX does not accept applications from residents of the Iran, Iraq, Lebanon, Syrian Arab Republic. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Are LimeFX rebates a scam; do my spreads increase?
Forex rebates (or cashback) is cash you get back (ie cash-back) for each trade you make. Just like with any cashback, you get paid back for performing your regular transactions with the service (a forex broker in our case) and get paid back part of the cost you’re being charged by LimeFX. Referral bonuses are usually offered by brokers to traders to draw in new clients and expand their customer base. LimeFX forex rebate is a must for any forex trader since it increases your profitability and cuts down costs, and unlike some of our competitors, your trading terms such as the spreads or commissions you pay never change. All of the regulated LimeFX entities, the LimeFX Ltd (UK), LimeFX AU PTY Ltd (Australia) and LimeFX EU Ltd (Cyprus), offer a default Negative Balance Protection.
As a general explanation, a bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker. The rebates are 20% of the commission on ECN accounts, 0.24 pips on STP accounts and 20% of the commission on Crypto accounts. Any person or company seeing the advantage of the partnering with us in the foreign exchange market can make a good profit by attracting new clients and using our cutting-edge technology and Forex products. The broker officially runs a Cash Back program, where participants can earn rebate according to their trading volume. Participating in the promotion and getting the bonus, won’t cost you any or will be extra/hidden commissions.
As a customer-focused company our paramount concern is that we send clients to broker’s where they will be able to withdraw their funds easily when the time comes; and experience fair trading conditions and good customer service. LimeFX STP account is best suited for experienced retail traders looking to trade only with the bid and ask prices, without any added commissions. The LimeFX STP account allows trading of 50 FX pairs, plus Gold and Silver, and is available only with the MT4 platform. Spreads are also floating, starting at 1.0 pip for major pairs, with no trading commissions and STP accounts can be opened with a low initial deposit – 10 USD. LimeFX Ltd, is a member of the Financial Services Compensation Scheme (FSCS), an independent compensation fund of last resort for customers of authorised UK financial services firms. The ICF is an investor compensation fund for retail clients of CIF registered financial firms, and its functions are regulated by the directive DI87-07 of the CySEC.
Potential partners are categorized by their readiness to collaborate in bringing new traders and investors to the Forex market. The largest category consists of regular traders, webmasters, and owners of the Forex-related sites. The easiest way to join the program is to place the LimeFX banner in your portal or write about the company’s partnership program in forums and blogs and providing your referral link. Clients attracted by this link will become your referrals, from whose trades you get paid a commission. When a consumer purchases something using a credit card the vendor incurs a fee of between 1.5% – 3% which they pay to Visa. Many consumers are enrolled in a credit card rewards program and receive approximately 1% cashback reward on any credit card purchase they make.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. LimeFX also offers a Cashback Program for loyal customers which allows traders to receive an additional refund for several trades. A minimum deposit amount must be made determined by the broker by the referral and a certain number of trades needs to be executed on the new account.
The basic partnership commission (a percentage of the LimeFX trading commission or Standard commission) equals 2.4 pips (5-decimal pricing) per trade in an STP or Micro account and 15% of the commission for ECN and Crypto accounts. You may open a live trading account (STP MT4) and verify your phone number, then 10 USD will be credited limefx scam to your account automatically. Enjoy low cost trading with spreads
from 0.0 pips and commission from $1.50 per lot. Our ECN
account is the most cost-effective form of FX trading,
with no fixed spreads or additional pips added. Of course, the most obvious advantage of Forex rebate programs is the opportunity for passive income.
This seemingly small cost can be devastating when compounded, and in the long term if the trader relies on luck alone they are sure to continually lose on their investment. LimeFX rebates reduce the cost of the transaction and increases a trader’s probability of winning. Still, a trader must rely on their trading skill to close the remainder of the gap.
You can join the promotion with ECN, STP, Crypto, Micro, PAMM ECN or PAMM STP account types. If you haven’t registered or trade with LimeFX, then you can join the promotion and get Cash Back Bonus. Your trade is executed instantly
through our wide range of liquidity providers streaming
real-time prices. Apply for a free VPS (see Terms &
Conditions) for enhanced trading flexibility and speed. Sign up to our newsletter in order to receive our exclusive bonus offers and regular updates via email. Over the years in the market, LimeFX has established mutually beneficial partnerships with a number of Forex market participants.
In other words, the more trades a trader executes, the higher is their rebate. If you multiply the amount by the number of trades performed within a month, you get significant earnings just on rebate payments. Important to note that each broker has different cashback https://limefx.club/ rates for account types and instruments. Benefit from raw pricing directly from the best LPs – spreads from 0.0 pips and commission from $1.50 per lot. Our ECN account is the most cost-effective form of FX trading, with no fixed spreads or additional pips added.
- You may open a live trading account (STP MT4) and verify your phone number, then 10 USD will be credited to your account automatically.
- You can join the promotion with ECN, STP, Crypto, Micro, PAMM ECN or PAMM STP account types.
- We’ve allocated thousands of dollars in the form of prizes, bonuses, and partnership remuneration.
- The basic partnership commission (a percentage of the LimeFX trading commission or Standard commission) equals 2.4 pips (5-decimal pricing) per trade in an STP or Micro account and 15% of the commission for ECN and Crypto accounts.