Frequently Asked Questions

What is FOREX?

Forex is a global decentralized over-the-counter financial market for trading currencies. The modern foreign exchange market began forming during the 1970s when countries gradually switched from the fixed exchange rate regime to that of floating exchange rates. The main distinctive feature of Forex is that the trading process is conducted via computer terminals between banks, instead of trading sites. Forex also differs from other markets in a trading volume. The daily volume of trades carried out amounts to 1–3 trillion USD, while the stock market only trades 300 billion USD a day. The foreign exchange market is notable for its schedule as well: trading is performed around the clock 5 days a week, while the stock market closes at the end of each working day. Time zone difference between countries allows Forex to stay ever-open.

What is a rebate?

A rebate is daily reimbursed part of the spread or commission you pay to your broker.

Where is a rebate derived from?

A rebate is accrued from the commission which you pay to your broker for each trade carried out. Part of the commission is returned to you with the help of InstaRebate.

What to start with?

In order to become a client of the project, you need nothing more than a real trading account replenished with a certain amount of money.

What leverage is available?

Brokers offer various leverages to their clients. The most common one is 1:100; however, 1:200 and 1:500 leverages are also widely used. Thanks to the leverage, a trader only risks his/her deposit. InstaForex provides its clients with the most favourable conditions.

Why choose InstaRebate?

As broker, we lay down the rule to pay a rebate on each trade, which most companies usually refrain from.

Does the instrument employed in trading affect the rebate size?

Regardless of the instrument used, you shall get 1.5 points for each closed deal. However, it should be noted that the point cost depends on the currency pair. To calculate the cost of one point, please use the forex calculator.
Rebate-payout for trading on currency pairs is equal to 1.5 pips, CFDs on stocks - 1.2 pips, GOLD and CFDs on futures - 10 USD per 1 lot.

If I have already gained profit, why do I need rebates?

Whether you are a novice or an experienced trader, you certainly should receive rebates to your account. These funds are paid by you to your broker for execution of operations after all; so, why not have part of them reimbursed?

Can I get rebates, trading on a mini-account?

Yes, you can. We make rebates for all types of accounts; the rebate sum is always proportional to the volume of a trade carried out.

What if I lose? Will I still be entitled to a rebate?

Yes, you will. Even if you lose, you still have sell or buy deals of a certain volume made. Consequently, you shall get a rebate on the total volume of the deal.

If I want to make a wire transfer, what is the minimum sum?

There is no rule determining the minimum amount of a transfer. However, a trader pays for all the expenses related to the wire transfer. There are other payment options available, which will help you reduce the expenses.

What are the advantages?

InstaForex Group offers numerous services in addition to the rebate program. If you want to learn more, please contact us; we will be very glad to answer your every question!

What rebate is an InstaRebate partner entitled to?

The rebate for an InstaRebate partner equals 1 point for each Profit or Loss operation of his/her referral.

May a trader act as both a partner and a registered client of InstaRebate service at the same time?

Yes, it is possible. A customer shall then get 1.5 pips on his own trades and 1 pip on the trades of clients referred.

Is it possible to register a PAMM account with InstaRebate?

Yes, it is. In this case, rebates shall be credited to all participants of the PAMM project.

How is a rebate calculated for cent accounts?

The standard scheme applied to cent accounts is 1.5 points for each trade. However, it should be noted that there are cent lots instead of standard ones traded on cent accounts. Therefore, each lot yields you 0.015 USD instead of 1.5 USD. In other words, the holders of cent accounts receive the rebate amounting to 1.5 cent for 1 lot.

How to register with the InstaRebate program?

Open a trading account with InstaForex Group via the link and then register it with the rebate system.

What rebate will I get if I have closed a trade with zero profit/loss?

In this case, you shall not get any rebate because it is only possible to receive a rebate for trades closed with at least 1 point profit/loss.

What if I have another question?

You are welcome to ask any question. Please do not hesitate to contact our support service. They will be glad to assist you; a desire to learn more will help you become more successful on Forex.