MyFxMarkets rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.
Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and MyFxMarkets rebates truly reduce the costs of the transaction and improve their bottom line.
Calculate your cashback
Will I be charged higher spreads or commissions?
Never! If in doubt we encourage you to confirm directly with the broker.
Do I receive cash back on a losing trade?
Do you have access to my account?
MyFxMarkets (trade name: Milson's Flentech) provides educational resources to help traders become familiar with all trading functions and tools. Regulated by the Financial Services Commission of the Republic of Mauritius (FSC). All customer funds are closely monitored by the Legal department and deposited in an isolated trust account. MyFxMarkets offers online trading services in Forex, CFD's and cryptocurrencies. Accounts can be held in USD, AUD and JPY. MyFXMarkets offers the most popular software in the forex industry-there are MetaTrader 4 (MT4), desktop and mobile versions. Expert advisors (EAs) for other trading styles, including automatic trading, scalping, hedge trading and swing trading are also allowed.