FXOpen launches Cashback Program
FXOpen is happy to announce the launch of Cashback Program. It allows traders to receive an additional refund for any kind of trades including loss-making. It's easy to get cashback: it's added automatically to your Commission account with no further actions. The cashback amount is determined in accordance with the total margin used on all client's trading accounts.
You can benefit from the Cashback Program during the first 90 days from the moment of registration in FXOpen. The minimum cashback is $5, the maximum is $1,000. The maximum cashback per trade is $100.
How to calculate Cashback?
The Standard commission (a percentage of the FXOpen commission) equals 2.4 pips (5-decimal pricing) per trade in an STP account and 15% of the commission for ECN and Crypto accounts.