Best Forex Brokers With Rebates 2025
Discover our top rebate brokers, offering cashback on spreads and commissions to help high-volume traders reduce costs and maximize their profits.
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Forex Trading
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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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.3 Forex Trading
IBKR offers more than 100 varieties of major, minor, and exotic forex pairs, exceeding the options provided by most competitors, except for CMC Markets. Forex trading happens across numerous platforms and features spreads from 0.1 pips, which are of institutional quality. It supports 20 types of complex orders like brackets, scale, and one-cancels-all (OCA) orders.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.0 Forex Trading
Plus500 US provides futures trading for 13 currencies, including well-known pairs such as EUR/USD and GBP/USD. Trading margins start at $40, which are competitive. The educational materials they offer effectively explain the fundamental aspects of forex futures for novice traders.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.5 Forex Trading
FOREX.com is a leading FX broker, providing access to over 80 currency pairs with competitive fees. This includes EUR/USD spreads as low as 0.0 and a $5 commission per $100k, making it a standout choice. Additionally, its SMART Signals feature aids in recognizing price trends in various key currency markets.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.5 Forex Trading
OANDA provides an impressive assortment of 68 currency pairs. Their custom trading platform features robust trading tools through advanced TradingView charts. It includes over 65 technical indicators and 11 adjustable chart types, superior to many other options.
Top Forex Rebate Brokers Comparison
Safety Comparison
Compare how safe the Best Forex Brokers With Rebates 2025 are.
Mobile Trading Comparison
Compare the mobile trading features of the Best Forex Brokers With Rebates 2025.
Comparison for Beginners
Compare how suitable the Best Forex Brokers With Rebates 2025 are for beginners.
Comparison for Advanced Traders
Compare how suitable the Best Forex Brokers With Rebates 2025 are for advanced or professional traders.
Accounts Comparison
Compare the trading accounts offered by Best Forex Brokers With Rebates 2025.
Detailed Rating Comparison
Compare how we rated the Best Forex Brokers With Rebates 2025 in key areas.
Fee and Cost Comparison
Compare the cost of trading with the Best Forex Brokers With Rebates 2025.
Broker Popularity
See how popular the Best Forex Brokers With Rebates 2025 are in terms of number of clients.
Broker | Popularity |
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Interactive Brokers |
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NinjaTrader |
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FOREX.com |
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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
- Low costs, with $50 trading margins and commissions starting at $.09 per micro contract.
- NinjaTrader is a well-regarded and acclaimed futures broker, approved by the NFA and CFTC.
- NinjaTrader provides detailed charting software for active traders, complete with custom technical indicators and widgets.
Cons
- The advanced trading tools require an additional fee.
- Some payment methods require a withdrawal fee.
- You need to register with partner brokers to trade in securities other than forex and futures.
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
- IBKR, primarily designed for skilled traders, has expanded its appeal recently by eliminating its initial $10,000 deposit requirement.
- 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.
- The new IBKR Desktop platform combines the advantages of TWS and adds unique tools like Option Lattice and Screeners with MultiSort to make trading accessible and impressive for traders of all levels.
Cons
- IBKR offers many research tools. However, the tools are not uniformly distributed across trading platforms and the web-based 'Account Management' page, causing confusion for the users.
- TWS's platform may be difficult for beginners to grasp because of its complexity. Plus500's web platform, on the other hand, is more appropriate for those new to trading.
- 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.
Why Trade With Plus500 US?
Plus500 US is an excellent choice for beginners, offering a user-friendly platform, low trading margins, and access to the Futures Academy to improve trading skills. Its strong tools and reliable service earned it second place in DayTrading.com's 'Best US Broker' award.
Pros
- The account setup, pricing structure, and web platform make futures trading simpler than competitors like NinjaTrader.
- Plus500 is a respected publicly traded company. It boasts an impressive base of over 24 million traders and sponsors the Chicago Bulls, adding to its credibility.
- The Futures Academy is a useful resource for beginner traders due to its captivating videos and simple articles. Its unrestricted demo account is also beneficial for practicing trading strategies.
Cons
- Testing showed fast response times for support, but phone aid is not available.
- Plus500 US doesn't include social trading features, unlike platforms such as eToro US. Including this feature may benefit potential traders.
- Despite its competitive pricing, Plus500 US does not offer a discount for high-volume traders, a feature that brokers such as Interactive Brokers provide.
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 provides a selection of top trading platforms and additional features. These include Trading Central research, a SMART Signals pattern scanner, trading signals, and strategy builders.
- The Web Trader remains one of the top platforms for budding traders, boasting a sleek design and more than 80 technical indicators for market analysis.
- Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
Cons
- Demo accounts have a limited time duration of 90 days, which may not be sufficient for thoroughly testing trading strategies.
- The funding options are not as extensive as those of top competitors such as IC Markets and lack several widely-used e-wallets, particularly UnionPay and POLi.
- FOREX.com has expanded their trading offerings, but these remain limited to forex and CFDs. Unfortunately, they don't provide options to invest in actual stocks, ETFs, or cryptocurrencies.
Why Trade With OANDA US?
OANDA is a reputable broker for US traders. It offers user-friendly tools for analysis and a simple sign-up process. It is very trustworthy due to heavy regulation.
Pros
- OANDA is a credible and safe trading brand, approved by top regulators such as the CFTC.
- Traders can experience quick and dependable order execution.
- You can start trading as a beginner with no minimum initial deposit required.
Cons
- Few payment options are available and e-wallets are not supported.
- Customer support is not accessible during weekends.
- The trading markets are limited to only forex and cryptocurrencies.
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, OANDA 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 Markets 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.

OANDA offers a tiered rebate scheme with more cashback available for high-volume traders
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 OANDA, which offers a $5 per million traded rebate on forex pairs. If you trade US$10 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:
- $5 per million for traders below $100M monthly volume
- $7 per million for traders above $100M
- $10 per million for traders exceeding $500M
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.