Industry-leading MYFX Markets rebates! Get cashback on a portion of the transaction cost at the most trustworthy provider today.
MYFX Markets
MYFX Markets Rebates
4.0 out of 5 stars (based on 1 review)
MYFX Markets Cashback rebates
| Standard | Pro | |
|---|---|---|
| Forex | 0.30 Pips | AUD$1.50 Per Lot |
| Other | No Rebates Paid | No Rebates Paid |
| Payment Options | Yes Monthly Cash Back - Real Time Reports | Yes Monthly Cash Back - Real Time Reports |
What do MYFX Markets rebates mean?
MYFX Markets rebates are a share of the trading costs returned to clients on each trade, effectively reducing the overall spread and potentially boosting their win ratio. For instance, if your rebate is 1 pip and the spread is 3 pips, your net spread becomes just 2 pips.
While some traders may initially assume that these savings come with hidden costs, they quickly discover that Forex rebates genuinely lower trading expenses, resulting in a more profitable bottom line.
How are MYFX Markets rebates applied?
When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.
Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.
How much rebate can I receive from MYFX Markets?
Rebate Calculator
US$0.00
Do MYFX Markets' rebates raise my spreads, or are they a scam?
Rebates from legitimate MYFX Markets providers are not a scam, but it’s important to be aware that fraudulent practices do exist. One of the most common scams involves rebate providers artificially increasing the spread or commission to offer seemingly higher rebates than their competitors. Some brokers allow this, but it undermines the entire purpose of rebate services and can damage the provider’s reputation and long-term business prospects, which is why reputable providers avoid this approach.
Additionally, some rebate providers may fail to pay on time or, in some cases, not pay at all, making it essential to choose a reliable partner. With a trustworthy rebate provider, there are no hidden catches, and it can significantly improve a trader’s overall profitability compared to trading directly with the broker.
Are there any other reasons to sign up for MYFX Markets rebates?
The level of support you receive can vary depending on the rebate provider. Thanks to our strong relationships with numerous brokers, we have frequently stepped in to help resolve client concerns, including withdrawal issues. Brokers often prioritize our requests, as we represent a large number of their clients.
Our experienced support team is available 24/7, offering assistance in 8 native languages and a total of 23 languages. Additionally, we provide a wide range of trading tools, calculators, broker reviews, and a comprehensive forex education section.
How do forex rebates get paid out?
Due to our global reach and service in 23 languages, we offer a wide range of options. Here’s what we provide:
Forex rebate options differ by broker:
Monthly cash back
Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.
Spread or commission reduction
The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers.
Paid direct to brokerage account
Cashback is credited directly to the trader's brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers.
For the ‘Monthly Cash Back’ rebate option, payments can be made via bank wire, PayPal, Skrill, Sticpay, or Neteller. Some methods, like bank wire, may involve fees, so many traders choose to set a custom minimum payout amount to accumulate rebates and withdraw less frequently than monthly.
User reviews
Regulation & Safety
Total Rating
Portfolio
Types of Accounts
Website Visits
How are rebates received?
MYFX Markets User reviews
4.0 out of 5 stars (based on 1 review)
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Your Funds’ Safety and MYFX Markets Regulatory Framework
| Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
|---|---|---|---|---|---|---|
| MYFX Markets LLC Saint Vincent and the Grenadines | NO | YES | NO | NO | NO | 500:1 |
MYFX Markets Profile
| Company Name | MYFX MARKETS LLC |
|---|---|
| Categories | Forex Brokers, Forex Rebates |
| Primary Category | Forex Brokers |
| Year Fou | 2013 |
| nded | Saint Vincent and the Grenadines |
| Headquarters | Australia, New Zealand |
| Office Locations | AUD, JPY, USD |
| Account Currency | Chinese, English, Japanese |
| Support Languages | Bank Wire, Bitcoin, BPAY, Credit Card |
| Funding Methods | Forex, Oil/Energies, Cryptocurrencies |
| Financial Instruments | Iran, United States |
| Prohibited Countries |
24 hour support
Non expiring demo
Regulatory deposit insurance
Bonuses
Trading API
Trailing stops
Interest on margin
Cent accounts
Bonuses
Islamic Accounts
Negative balance protection
Fixed spread
Accepts Canadian clients
Social trading
Variable spread
Accepts Japanese Clients
MYFX Markets Account types
| Commission | Standard | Pro |
|---|---|---|
| Maximum leverage | 500:1 | 500:1 |
| Mobile Platform | MT4 Mobile | MT4 Mobile |
| Trading platform | MT4 | MT4 |
| Spread Type | Variable Spread | Variable Spread |
| Minimum Deposit | 200 | 200 |
| Minimum Trade Size | 0.01 | 0.01 |
| Trailing Stops | Yes | Yes |
| Scalping Allowed | Yes | Yes |
| Hedging Allowed | Yes | Yes |
| Islamic Accounts | No | No |
MYFX Markets site visits
Our web traffic data comes from SimilarWeb and combines the traffic data of all websites linked to a broker. Organic visits refer to those that the broker didn’t pay for, according to the available information. This data is updated monthly and may be based on information bought from internet service providers or traffic metrics shared by the company with SimilarWeb, such as those from Google Analytics.
| Websites | myfxmarkets.com |
|---|---|
| Organic monthly visits | 23,428 (99%) |
| Organic traffic rank | 269 out of 1751 (Forex Brokers) |
| Paid monthly visits | 268 (1%) |
| Total monthly visits | 23,696 |
| Bounce rate | 43% |
| Pages per visit | 4.05 |
| Average visit duration | 00:05:49.5230000 |
MYFX Markets User Reviews
4.0 out of 5 stars (based on 1 review)
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