CashBackForex was founded in January 2008 and employs a sophisticated and proprietary algorithm to calculate rebates in many different brokerage reporting formats. CashBackForex offers a wide variety of broker options, and your reimbursement program pays you a portion of the spreads you pay a broker, back into your pocket. It's a great way to get more out of your operations, especially when your business plan is not fulfilled as expected! The fact that he recovers his money is and always will be interesting in a hostile currency market.
The initial message delivered by CashBackForex is: we are not a false company and you will earn money. It is clear that they are well configured and there are many advantages in joining them. There is no doubt that CashBackForex is the leader in the world of cash currency reimbursement. The brokers announced by CashBackForex are well known and respected.
The obvious question is: how much money can you make? The CashBackForex Cash Back Estimator helps you calculate the numbers. Here are some examples:
1. Lot size: 0.1 Lots (10,000 units) @ 1 trade per day with a cash back rate of 0.1 pips will give you $ 2.10 per month.
2. Lot size: 0.1 Lots (10,000 units) @ 1 trade per day with a cash back rate of 1 pips will earn you $ 21.0 per month.
3. Lot size: 0.1 Lots (10,000 units) @ 10 operations per day with a cash back rate of 0.1 pips will allow you to earn $ 210 per month.
You can also use the Rebate Pip Calculator to do your cash back calculations. The Agent Discount Comparison Grid provides more details on what to expect when it comes to cashback rates.
All this sounds wonderful, and it is, BUT, there are a number of aspects to consider before jumping and winning millions.
The reimbursement system must be part of a well-planned and properly tested forex trading plan. You still have to focus on good money management, following healthy risk management principles, and only trading when market conditions conform to the criteria of your trading plan. Do not become reckless and trade for the sake of discounts. Focus on your business plan and its growth.
The currency reimbursement system complements a healthy trading system and is the ideal way to earn that extra money. If you want to go this route, then CashBackForex is the obvious choice.
CashBackForex offers accurate and timely cash reimbursement payments, they offer a true service to your word, with a capable, quick and easy to use support, and are always available to help you.
CashBackForex is highly recommended. CashBackForex USA is regulated by the NFA. You can file a complaint directly with them if necessary.