Best Forex Brokers With Rebates 2026
Discover our top rebate brokers, offering cashback on spreads and commissions to help high-volume traders reduce costs and maximize their profits.
Written ByPaul Holmes
With over 15 years of trading experience, including developing algorithmic strategies on MetaTrader and evaluating brokers, he brings deep expertise in market analysis and trader education, helping traders choose the right platform for their requirements.
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Fact Checked ByTobias Robinson
Tobias is committed to helping traders find the right brokerage for their needs. He has tested 200+ brokers, spent 2,600+ hours using different platforms, and placed 2,100+ trades.
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Edited ByJames Barra
James is an experienced broker analyst with a background in financial services. He has spent 2,500+ hours testing brokers, used 35+ different platforms and apps, audited 120+ broker T&Cs, and verified 300+ regulatory licenses. James has also been on US and UK TV, and been a guest on finance podcasts, discussing reports conducted by BrokerListings.com and sharing his expertise.
James Barra Profile PageAugust 10, 2026
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IBKR offers more than 100 major, minor, and exotic forex pairs, more than almost any other option except CMC Markets. Forex trading is available on multiple platforms with institutional-grade spreads starting from 0.1 pips and over 100 complex order types, like brackets, scale, and one-cancels-all (OCA) orders.
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NinjaTraders allows traders to deal in widely traded currencies like EUR/USD. The platform provides sophisticated features geared towards enhancing trading practices, including specialized order options such as market if touched (MIT) and one cancels other (OCO).
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Plus500 US provides futures trading on 13 currency pairs, including popular ones like EUR/USD and GBP/USD. Trading margins are competitive, and the educational resources effectively explain forex futures for beginners.
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remains a top FX broker, offering 80 currency pairs with very competitive fees. With EUR/USD spreads as low as 0.0 and a $7 commission per $100k, it excels in the industry.
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Plexytrade offers the opportunity to trade in three types of forex pairs: major, minor, and exotic. They provide a high leverage of 1:2000 and low spreads starting at 0.0 - these features can be attractive to experienced traders seeking profits from small price movements. However, the platform's variety is restricted as they offer only 41 currency pairs, which is considerably less compared to the 100+ forex assets offered by IG.
Top Forex Rebate Brokers Comparison
| Broker |  |
USD Account |
GBPUSD Spread |
EURUSD Spread |
EURGBP Spread |
Total Assets |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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✓ | 0.08-0.20 bps x trade value | 0.08-0.20 bps x trade value | 0.08-0.20 bps x trade value | 100+ | ✓ | $0 | $1 | 1:50 (major forex pairs), 1:2-1:4 (equities) | ✗ | SEC, FINRA, CFTC, NFA, CIRO, FCA, CBI, ASIC, SFC, SEBI, JFSA, MAS | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies, CFDs Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower | USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF | |
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✓ | 1.6 | 1.3 | 1.6 | 50+ | ✓ | $0 (live trades must meet intraday margin minimums, e.g., $50 to trade micro contracts) | 1 contract | $50 intraday margins for Micro contracts and $500 for popular E-mini contracts | ✗ | NFA, CFTC, CySEC | Futures, Forex, Stocks, Options, Commodities, Futures, Crypto (non-futures depend on provider) | NinjaTrader Desktop, Web & Mobile, eSignal | USD, EUR, GBP, CAD, AUD | |
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✓ | ✗ | 0.75 | ✗ | 13 | ✓ | $10 | Variable | Variable | ✗ | CFTC, NFA | Futures on Cryptocurrencies, Metals, Agriculture, Forex, Interest rates, Energy, Equity Index Future Contracts, Prediction Markets | WebTrader, App | USD | |
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✓ | 1.3 | 1.2 | 1.4 | 84 | ✓ | $100 | 0.01 Lots | 1:50 | ✗ | NFA, CFTC | Forex, Futures and Options on Metals, Energies, Commodities, Indices, Bonds Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto | WebTrader, Mobile, MT4, MT5, TradingView | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN | |
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✓ | 0.8 | 0.7 | 1.1 | 40+ | ✓ | $50 | 0.01 | 1:2000 | ✗ | ✗ | CFDs, Forex, Indices, Stocks, Commodities, Crypto | MT4, MT5, TradeLocker | USD, EUR | |
| Broker | |
USD Account |
GBPUSD Spread |
EURUSD Spread |
EURGBP Spread |
Total Assets |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Safety Comparison
Compare how safe the Best Forex Brokers With Rebates 2026 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
|
✗ | ✗ | ✓ | |
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✗ | ✗ | ✓ | |
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✗ | ✗ | ✓ | |
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✗ | ✗ | ✓ | |
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✗ | ✓ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best Forex Brokers With Rebates 2026.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
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iOS & Android | ✓ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best Forex Brokers With Rebates 2026 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
|
✓ | $0 | $1 | ✓ | ✗ | ||
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✓ | $0 (live trades must meet intraday margin minimums, e.g., $50 to trade micro contracts) | 1 contract | ✗ | ✗ | ||
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✓ | $10 | Variable | ✗ | ✗ | ||
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✓ | $100 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $50 | 0.01 | ✗ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best Forex Brokers With Rebates 2026 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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TWS API | ✗ | ✓ | ✓ | ✗ | 1:50 (major forex pairs), 1:2-1:4 (equities) | ✓ | ✓ |
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NinjaScript or via Automated Trading Interface | ✗ | ✗ | ✗ | ✗ | $50 intraday margins for Micro contracts and $500 for popular E-mini contracts | ✓ | ✗ |
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✗ | ✗ | ✗ | ✗ | ✗ | Variable | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✓ | ✓ | ✗ | 1:50 | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:2000 | ✓ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Forex Brokers With Rebates 2026.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
|
✓ | USD: 3.14%, GBP: 3.24% | ✗ | ✓ | ✓ | ✗ | ✓ | ✗ | ✗ |
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✓ | ✗ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best Forex Brokers With Rebates 2026 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best Forex Brokers With Rebates 2026.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
GBP/USD Spread |
EUR/USD Spread |
GBP/EUR Spread |
|---|---|---|---|---|---|---|
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✗ | $0 | 0.08-0.20 bps x trade value | 0.08-0.20 bps x trade value | 0.08-0.20 bps x trade value | |
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✗ | $35 | 1.6 | 1.3 | 1.6 | |
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✗ | $0 | ✗ | 0.75 | ✗ | |
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✗ | $15 | 1.3 | 1.2 | 1.4 | |
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✗ | ✗ | 0.8 | 0.7 | 1.1 | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
GBP/USD Spread |
EUR/USD Spread |
GBP/EUR Spread |
Customer Ratings
Compare how customers of these brokers feel about them, with real user ratings from Trustpilot, the Apple App Store and Google Play.
| Broker | Customers |
Trustpilot Score |
Trustpilot Reviews |
Android App Rating |
iOS App Rating |
|---|---|---|---|---|---|
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4,300,000 | 5,512 | |||
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1,800,000 | 1,241 | |||
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33,000,000 | 20,037 | |||
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450,000 | 2,518 | |||
|
✗ | 95 | |||
| Broker | Customers |
Trustpilot Score |
Trustpilot Reviews |
Android App Rating |
iOS App Rating |
Broker Popularity
See how popular the Best Forex Brokers With Rebates 2026 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| Plus500US |
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| Interactive Brokers |
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| NinjaTrader |
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| FOREX.com |
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Why Trade With Interactive Brokers?
Interactive Brokers is ideal for seasoned traders due to its robust charting platforms, updated data, and adaptability, especially with the IBKR Desktop application. Its exceptional pricing and advanced order features appeal to traders, and its variety of stocks remains unmatched in the market.
Pros
- There's a large selection of free or paid research subscriptions available to all traders. If you subscribe to Toggle AI, you will also receive commission refunds from IBKR.
- Interactive Brokers was awarded 'Best US Broker' for 2025 by DayTrading.com for its dedication to US traders, ultra-low margin rates, and affordable global market access.
- The TWS platform is designed for intermediate to advanced traders. It includes over 100 order types and a dependable real-time market data feed that rarely experiences downtime.
Cons
- Only one active session per account is allowed, which means you can't run the desktop version and mobile app at the same time. This can sometimes lead to a frustrating trading experience.
- In 2025, IBKR was fined $11.8 million by the US OFAC for offering services in restricted areas. It also faced a $125,000 fine from FINRA in 2025 for failing to disclose municipal bond information.
- TWS is complex, and beginners might find it difficult to use and understand all its features.
Why Trade With NinjaTrader?
NinjaTrader consistently satisfies active futures traders with its low-cost service and high-quality analysis tools. It offers superior charting features, including hundreds of indicators and over 10 chart types.
Pros
- The market replay feature lets you download tick-by-tick historical data, go back to any date, and interact with it as if trading live. It's useful for strategy testing and real-world practice.
- Nano contracts, which are one-hundredth the size of standard contracts, let traders adjust positions precisely and manage risks on a smaller scale. This is beneficial for those who build positions gradually.
's ecosystem offers traders access to thousands of add-ons and applications from developers in over 150 countries. These include indicators, strategies, and custom tools that extend the platform's native features.
Cons
- NinjaTrader was bought by Kraken in May 2025. Although it still operates independently, traders concerned about long-term stability may worry about changes in the platform's direction and pricing under new ownership.
- NinjaTrader was fined $250,000 in 2025 for not implementing a sufficient anti-money laundering program and for supervisory failures.
- Intraday margin requirements can rise up to four times in the 15 minutes before major economic news and remain high for several minutes after volatility decreases.
Why Trade With Plus500US?
Plus500US is a great option for beginners with its easy-to-use platform and access to the Futures Academy to improve trading skills. It received second place in DayTrading.com's 'Best US Broker' award for its strong tools and dependable service.
Pros
- The trading app offers an excellent user interface with an updated design, straightforward layout, and charts optimized for mobile use.
- The account setup, pricing structure, and web platform make futures trading simpler than competitors like NinjaTrader.
- Plus500 included prediction markets in its 'Plus500 Futures' platform in February 2026. This addition offers event-based trades in 10 categories, such as financials and politics, and includes short-term intraday contracts expiring in 15 minutes.
Cons
- Testing showed fast response times for support, but phone aid is not available.
- Plus500US lacks social trading features, unlike competitors such as eToro US, which might enhance its appeal to aspiring traders.
- Plus500US is expanding its investment options, but it currently only offers around 50+ futures and no stocks.
Why Trade With FOREX.com?
FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Pros
- FOREX.com has over 20 years of experience with strong regulatory oversight, and has received multiple awards, including second place in our 'Best Forex Broker' awards. As such, FOREX.com is globally reputed as a reliable trading brokerage.
- The in-house Web Trader is a top platform for new traders, featuring a sleek design and over 80 technical indicators for market analysis.
- FOREX.com provides top-tier forex pricing beginning at 0.0 pips. They also offer competitive cashback rebates up to 15% for dedicated traders.
Cons
- Demo accounts have a limited time duration of 90 days, which may not be sufficient for thoroughly testing trading strategies.
- FOREX.com's MT4 platform provides around 600 instruments for trading, which is considerably less than the 5,500+ options accessible on its other platforms.
- FOREX.com’s group, GAIN Capital Group LLC, paid a $700,000 NFA fine for improperly managing some client accounts.
Why Trade With Plexytrade?
Plexytrade is a new trading platform offering attractive features such as a 1:2000 leverage, zero spreads on certain instruments, and quick execution speeds of less than 46 milliseconds. However, the company is not regulated which is a substantial issue, and the lack of research and educational tools puts it behind other leading platforms.
Pros
- The account options cater to different trading styles, with Gold Raw attracting traders due to its spreads starting at 0.0 pips.
- Plexytrade supports various trading tactics such as quick buying and selling, risk management, and computer-based trading.
- Different VPS packages start at $50 monthly, but they are free after reaching certain deposit amounts.
Cons
- The platform lacks research and education tools, unlike IG. Also, only clients with at least $500 can view the economic calendar.
- Plexytrade isn't regulated in key regions, which raises the risk for traders who open an account or deposit money.
- Plexytrade only accepts deposits and withdrawals through cryptocurrencies. It does not support bank cards, wire transfers, or e-wallets.
Filters
How We Chose The Best Brokers For Cashback
We ranked the top forex brokers for rebates and cashback using our data-driven rating system, combining hands-on testing with in-depth analysis of 200+ metrics per provider, including rebate-specific factors.
Since trading costs directly impact profitability, we focused on brokers that offer transparent and competitive rebate programs, assessing:
- Rebate Structure & Payouts – How rebates are calculated (spread-based, volume-based, or fixed cashback).
- Trading Costs & Spreads – Whether rebates genuinely reduce trading costs or if spreads/fees offset the benefits.
- Withdrawal Flexibility – How and when traders can access cashback earnings.
How to Choose a Broker with the Best Rebates
Ever wondered if you could get cashback just for making trades? Well, that’s precisely what trading rebates are all about. Many brokers offer rebate programmes that give traders a portion of their trading costs back, either as a discount on spreads, commission refunds, or direct cash payments.
For active traders, rebate programmes can make a real difference in reducing costs and boosting profits over time. But, not all brokers offer the same deal from our analysis, so knowing where to look and what to compare is key.
Key factors to consider:
- Rebate Amount – Look at how much you can earn per trade or per million dollars traded. Higher rebates mean bigger savings. For example, Pepperstone offers very competitive rebates from our tests, reaching a 25% cashback on spreads.
- Rebate Structure – Some brokers offer flat-rate rebates, while others use a tiered system where you earn more as you trade more. For example, FOREX.com offers an excellent rebate programme for high-volume traders. The rebates are structured to reward traders based on their monthly trading volume, with higher volumes attracting larger rebates.
- Eligible Assets – Does the rebate apply to forex only, or can you earn rebates on stocks or crypto? Choose a broker that fits your trading style. For example, most brokers we tested only offer rebates on forex but IC stands out with cashback on various markets, from currencies to equities, metals, commodities and crypto.
- Execution & Trading Conditions – A high rebate won’t matter if the broker has high spreads or slow execution speeds. Ensure the broker offers competitive trading conditions. For example, Eightcap is a dependable pick, providing excellent rebates alongside reliable order execution, with servers located in Equinix data centres, where many of the world’s key financial institutions are hosted.
- Payout Frequency – Some brokers credit rebates daily, while others do it weekly or monthly. More frequent payouts give you faster access to your cashback. For example, FOREX.com provides a rebate programme for active traders, offering cash rebates based on monthly trading volume, with payments typically made promptly within two days of the previous month.
- Withdrawal Rules – Can you withdraw your rebates immediately, or do they need to be used for trading first? Some brokers have restrictions on cashing out rebates. For example, Admirals offers a rebate programme for high-volume traders, providing rebates based on the trading volume achieved within a month with no painful withdrawal conditions.
Example: Comparing Two Brokers’ Rebate Programmes
Let’s bring the decision making process to life…
Broker A offers a flat-rate rebate of $5 per $1 million traded, while Broker B provides a higher $7 rebate, but with a tiered structure—meaning traders who trade more get better rates.
In terms of asset coverage, Broker A allows rebates on forex, stocks, and indices, whereas Broker B only applies rebates to forex trades.
Looking at trading costs, Broker A has a lower spread of 0.8 pips on EUR/USD, while Broker B has a higher spread of 1.2 pips, which could offset the benefit of its higher rebates.
Execution speed is another factor—Broker A boasts ultra-fast execution, while Broker B has only average execution speeds.
When it comes to receiving rebates, Broker A pays out weekly, whereas Broker B only issues payments once a month.
Lastly, withdrawal rules differ. Broker A allows traders to withdraw their rebates at any time, while Broker B requires traders to use the rebates for trading before they can be withdrawn.
So, which is better?
- If you trade forex exclusively and in high volumes, Broker B’s tiered structure could work in your favor.
- If you prefer lower spreads, faster execution, and weekly payouts, Broker A might be the better choice.
Expert take: I always do the math before committing to a rebate program. I compare spreads, commissions, and rebate amounts to ensure I’m cutting down costs.
FAQ
What Are Trading Rebates?
Imagine getting a small refund every time you place a trade. That sounds good, right? That’s exactly what trading rebates do. They’re cashback rewards brokers offer traders, usually based on trading volume.
Brokers use rebate program as an incentive to attract and retain active traders. The more you trade, the more you earn back. From our digging, rebates can come in different forms, such as:
- Cash rebates – A direct payout to your trading account or bank account.
- Commission reductions – Lower trading costs, making each trade slightly cheaper.
- Spread discounts – A reduction in the bid-ask spread, improving overall trade efficiency.
Why Do Brokers Offer Rebates?
It’s simple: more trading volume means more business for brokers. By giving traders a small percentage of their costs back, brokers encourage higher activity levels, which benefits both parties.
Who Can Get Trading Rebates?
Not every trader automatically qualifies for rebates. Here’s what typically determines eligibility:
- Account type – Some brokers only offer rebates on specific accounts (e.g., ECN or VIP accounts).
- Trading volume – Many brokers require a minimum amount of trades per month to activate rebates.
- Asset classes – Rebates may only apply to specific instruments (forex, stocks, etc.).
- Broker policies – Some brokers offer automatic rebates, while others require traders to sign up separately.
Trading rebates are particularly attractive for high-volume traders, scalpers, and algorithmic traders who execute numerous trades daily. If you’re just making occasional trades, the savings might not be significant, but for active traders, rebates can add up to substantial amounts over time.
How Do Rebates Work In Trading?
Suppose you’re trading forex with FOREX.com, which offers a $5 per million traded rebate at $100M in volume on forex pairs. If you trade US$100 million in volume per month, you’ll receive a $500 rebate at the end of the month.
Now, imagine you’re a scalper or high-frequency trader, executing hundreds of trades daily. That rebate can offset a significant portion of your trading costs, effectively reducing your spreads and commissions over time.
Some brokers structure their rebates in tiers, meaning the more you trade, the higher your rebate per million. For example:
- $3 per million for traders between $50M and $100M monthly volume
- $5 per million for traders between $100M and $250M
- $10 per million for traders exceeding $1B
Expert take: In my experience, this kind of setup rewards the most active traders with even better savings.
Are Trading Rebates Worth It?
Let’s say Trader A executes 500 forex trades per month with an average spread cost of $7 per lot. With a rebate of $2 per lot traded, they recover nearly 30% of their trading costs—a huge difference over time.
Now, imagine Trader B, who places only 10 trades per month. Even with the same rebate program, they’ll hardly notice the savings. In this case, rebates wouldn’t be a significant factor in their trading profitability.
Basically, if you’re an active trader and already have a solid strategy in place, rebates can be an excellent way to reduce costs and boost profits. But if you’re just starting out or trading infrequently, rebates won’t make much of a difference, and chasing them could lead to unnecessary trades.