Rebates from legitimate providers through Vantage Markets are not scams, though fraudulent schemes do exist. The most common scam involves rebate providers who increase the spread or commission to offer higher rebates than competitors. Some brokers allow rebate providers to mark up costs for referred traders, but this undermines the purpose of the service and harms the provider’s reputation and business, so a trustworthy provider would never engage in this practice. Additionally, some rebate providers may fail to pay on time or not pay at all. This highlights the importance of selecting a reliable provider.

When working with a reputable rebate provider, there’s no hidden agenda. In fact, partnering with a rebate provider is generally more beneficial to a trader’s financial situation than working directly with a forex broker.