Best Forex Brokers with Cashback Offers (2025)
In the fast-moving world of forex trading, every pip saved is a pip earned. That’s why more traders in 2024 are turning to cashback brokers to reduce their trading costs and improve profitability. Whether you’re a beginner or a seasoned trader, choosing the right broker that offers competitive cashback rewards can give you a major edge.
In this article, we’ll explore the best forex brokers with cashback offers in 2024, explain how cashback works, and guide you in selecting the ideal broker for your trading style.
💸 What Is Forex Cashback?
Forex cashback is a reward system where traders receive a portion of their trading costs (spread or commission) back into their account. It’s like getting paid to trade — win or lose. Cashback amounts can be fixed per lot (e.g., $2 per lot) or percentage-based depending on the broker.
✅ Why Choose a Cashback Forex Broker?
- Lower trading costs
- Extra income stream per trade
- No effect on spreads or execution
- Ideal for scalpers, day traders, and high-frequency traders
🏆 Best Forex Brokers with Cashback Offers (2024)
1. IC Markets – Top Choice for Scalpers
Cashback Rate: Up to $2 per lot
Regulation: ASIC, CySEC, FSA
Why It Stands Out:
IC Markets is known for ultra-low spreads and lightning-fast execution. Their cashback program is especially attractive to scalpers and EA traders. The cashback is credited daily and doesn’t interfere with your spread or account features.
2. Pepperstone – Transparent Cashback Rewards
Cashback Rate: Up to 20% of commission
Regulation: ASIC, FCA, DFSA
Why It Stands Out:
Pepperstone offers a solid rebate program with flexible tiers based on monthly trading volume. High-volume traders can unlock more savings, making it a favorite among professionals. It’s also beginner-friendly and integrates well with third-party cashback portals.
3. RoboForex – Cashback on Every Trade
Cashback Rate: Up to 15%
Regulation: IFSC Belize
Why It Stands Out:
RoboForex offers cashback that grows with your trading volume. Even small accounts can earn rewards, and loyal traders can receive extra bonuses. Cashback is credited automatically every month.
4. XM – Loyalty Cashback Program
Cashback Rate: Up to $5 per lot (via loyalty points)
Regulation: ASIC, CySEC, FSC
Why It Stands Out:
XM uses a unique loyalty points system where traders earn credits for every trade, which can be redeemed for real money. It’s one of the most rewarding systems for consistent traders.
5. Tickmill – Commission Cashback Program
Cashback Rate: Up to $0.75 per lot
Regulation: FCA, CySEC, FSCA
Why It Stands Out:
Tickmill’s cashback is structured for professional traders with Pro accounts. The more you trade, the more you save — simple and powerful. Ideal for those trading in high volume with tight spreads.
6. FXTM (ForexTime) – Flexible Cashback Tiers
Cashback Rate: Tiered structure
Regulation: CySEC, FCA, FSCA
Why It Stands Out:
FXTM’s “Loyalty Program” pays cashback based on trading activity over time. It suits both low and high-volume traders, and the program offers clear targets and bonuses to keep traders motivated.
🔍 How to Choose the Right Cashback Broker
When comparing brokers, don’t just look at the cashback amount. Consider:
- Spreads and commissions before cashback
- Payout frequency (daily, weekly, or monthly)
- Minimum trading volume for eligibility
- Account types included in cashback programs
- Broker regulation and reputation
⚠️ Watch Out For:
- Brokers that increase spreads to offset cashback
- Cashback only available via Introducing Brokers (IBs)
- Restrictions on withdrawals or account types
- Fake promotions or unregulated brokers
📊 Final Thoughts
Choosing a forex broker with cashback offers in 2024 can help you lower costs, especially if you trade frequently. Whether you’re just starting out or trading thousands of lots per month, there’s a cashback broker tailored to your needs. Always read the terms, test the system, and go with a regulated broker for safety.
Start saving with every trade — because in forex, even small savings can lead to big profits.