Yes—rebates from reputable providers are entirely legitimate. However, traders should be aware that some rebate providers engage in questionable practices. The most common scam involves inflating the broker’s spread or commission to offer seemingly higher rebates. While some brokers allow this, it undermines the whole point of reducing trading costs and damages the provider’s credibility in the long run—something a trustworthy provider would never risk.

Additionally, some providers may delay or fail to pay rebates altogether. That’s why it’s essential to work with a reliable, established rebate provider you can trust.

With a legitimate provider, there’s truly no catch—just real savings. Choosing to trade through a rebate provider is often more financially advantageous than going directly through the broker.