Trading in the Forex market has become increasingly popular lately, especially in the current conditions, when making money online is about the only way to generate income.
People can trade Forex anytime, straight from home. To start trading, you need to find a reliable broker, that will provide you with a trading account, a trading platform and of course, access to the global financial market. For its services, the broker charges certain fees. This can be a commission, spread, or conversion fee.
There are many articles on the web telling you how to pick a broker and which factors to consider. Favorable trading conditions are listed as one of the most important criteria. Among these trading conditions, you may come across the so-called “Cashback program”.
The cashback service is a great perk offered by some obrokers, like AMarkets online broker. To put it simple, the term “cashback” in the Forex industry means getting part of the broker’s commission (spread) back to your trading account. By joining the AMarkets Cashback program and receiving part of the spread back, you will pay less commission, thus generating higher profits. Besides, you get cashback for all of you trades, regardless of the trading outcome. How cool is that?
But why would the broker give back part of its well-earned money? – you may wonder. Don’t worry, there’s nothing fishy about it at all. The cashback program is beneficial not only for a trader, who receives part of the spread back, thus getting more funds to trade with. It’s beneficial for the broker too since such offers increase customer loyalty and help the broker attract more active traders. The more traders – the more business for the broker.
Now that we’ve explained what cashback is, we’ve saved the best for last. While some brokers do provide cashback service, only AMarkets offers Increased cashback as an added cherry on top. Check out the rates you get with this limited-time offer and see for yourself:
Make sure to familiarise yourself with the main terms and conditions of AMarkets’ Increased Cashback Offer:
Don’t miss out on this great opportunity. Trade with increased cashback from AMarkets, unlock new levels of cashback, return more money to open new trades and pay less commissions!
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