The FXOpen Forex brokerage enables 23.33% discounts on trading costs in FX and crypto asset classes via TradingFinder IB.
Note that the brokerage does not pay any cashback on Micro accounts. Also, the maximum amount per order shall not exceed $66.66.
Does FXOpen Pay Cashback on All Instruments?
This broker offers six tradable instrument classes, but allows rebates on only two of them. The table below demonstrates the eligible markets:
Asset Category | Rebate Coverage |
Forex | ✅ |
Cryptocurrency | ✅ |
Stocks | ❌ |
Indices | ❌ |
Oil and Energy | ❌ |
Metals | ❌ |
Bonds | ❌ |
Futures | ❌ |
ETFs | ❌ |
FXOpen Rebate Exact Numbers
The Forex brokerage provides cashback based on a single model via TradingFinder. However, only ECN accounts are eligible for discounts. FXOpen Rebate Structure:
Account Type | ECN | PAMM ECN |
Forex | 23.33% of the Trading Commission | |
Cryptocurrencies | ||
Note that the broker limits the rebates paid to traders to $66.66 per order, $666.66 per day, and $6666.66 overall. Also, Micro account holders cannot get any discounts.
For an estimation of the amount of cashback, you can use a rebate calculator tool.
FXOpen Rebate through TradingFinder Tutorial
Regardless of being a new trader or already having an FXOpen account, follow the steps below to ensure you're eligible for cashback rebates through TradingFinder:
Status | Action |
I don’t have an account | Click the “Open Account” button at the top to start registering with FXOpen via TradingFinder. |
I have an account | FXOpen does not allow transferring existing accounts to a new IB. To earn rebates: 1. Withdraw your funds from the current account; 2. Open a new account using a different email address through the link provided above. |
Conclusion
FXOpen's rebate program offers 23.33% discounts on trading Forex and cryptocurrency assets through TradingFinder IB, up to a maximum of $66.66 per order.
The broker does not provide any cashback on other markets, and only ECN and PAMM ECN account types are eligible.