FP Markets Rebates: Are They the Best for Scalpers?
In the high-speed world of forex scalping, every pip—and every dollar—matters. Traders who execute multiple trades a day look for ways to minimize costs and maximize profits. That’s where rebate programs come into play. One name that often stands out among active traders is FP Markets. But are their rebates truly ideal for scalpers, or just another marketing gimmick?
What Are Rebates in Forex?
Rebates are cashback rewards offered to traders based on their trading volume. Instead of paying full commission or spread fees, traders get a portion of their costs returned—daily, weekly, or monthly. For high-frequency traders like scalpers, these savings add up quickly.
FP Markets: A Quick Overview
Founded in 2005, FP Markets is an ASIC and CySEC-regulated broker known for its tight spreads, fast execution, and multiple account types. It offers both ECN pricing and commission-based models, making it attractive for serious traders. But its rebate system is where it really starts to shine for scalpers.
Why FP Markets Rebates Are Ideal for Scalpers
- Low Spreads on Major Pairs:
Scalpers need razor-thin spreads to profit from small price movements. FP Markets consistently delivers spreads starting from 0.0 pips on EUR/USD and other majors. - High-Frequency Trade Support:
There are no restrictions on trading strategies. That means scalping, hedging, and automated trading are fully allowed. - Rebate Compatibility with ECN Accounts:
Unlike some brokers that limit rebates to standard accounts, FP Markets offers rebates even on Raw ECN accounts—where scalpers typically thrive. - Volume-Based Cashback:
Rebates increase with higher volumes. Scalpers often hit high lots per day, enabling them to earn more cashback than swing or position traders. - Fast Execution with Low Latency:
FP Markets’ servers are hosted in Equinix data centers, giving traders sub-millisecond execution—a must for scalping.
Potential Drawbacks to Consider
While FP Markets offers excellent conditions, scalpers must still weigh:
- Commissions on ECN accounts (though offset by rebates)
- Rebate rates that may vary depending on IB or region
- Withdrawal thresholds or payout frequency
Conclusion: A Strong Choice for the Right Trader
If you’re a scalper searching for the perfect mix of low-cost trading and rebate rewards, FP Markets is a compelling choice. Its transparent pricing, fast execution, and rebate structure offer a profitable edge to those making frequent trades. However, always compare rebate programs across multiple brokers—and test conditions on a demo or micro account—before going all-in.