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Posted

Every trader who joined under the IB wants rebate given can be given quickly to increase the revenue they get. If their profit means rebates provide additional income, however if they losses then rebate may help to provide additional capital to the deposit.

 

you use a broker that provides automated rebate system like in TenkoFx?

Posted

I only know of associations or sites offering rebates but don't know of any broker that offer such automatic rebates. That is quite a nice one from Tenko and it means the trader who registered under an IB automatically gets one. Though the percentage of the rebate isn't given but it is a great way to encourage traders.

Posted

Automatic rebate is required by the trader if he or she is able to get any one. This thing will help him or her to be able to have money back when he or she trades and it is good for all traders. It is good to see that tenko forex is giving this type of thing to the traders and it will make them to trade more.

Posted

But sometimes I really wonder what the broker stands to gain by doing this or is it still one of those marketing strategies. Perhaps they are trying to make the trading environment a safe haven for their members in such a way that they wouldn't have so much to worry about when it comes to trading.

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