Forex Rebate Calculator – Cashback Calculator
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<div><div><script type="text/javascript" src="https://www.cashbackforex.com/Content/remote/remote-widgets.js"></script><script type="text/javascript"> RemoteCalc({"Url":"https://www.cashbackforex.com", "DefaultInstrument":"EUR-USD","IsDisplayTitle":false,"IsShowChartLinks":false,"IsShowEmbedButton":false,"CompactType":"large","Calculator":"forex-rebate-calculator","ContainerId":"forex-rebate-calculator-227458"});</script></div></div>
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<div><p><strong>Forex rebate calculator</strong> is a <a href="https://www.getknowtrading.com/forex-calculator/">calculator in Forex</a> trading which calculates how much money you can get back as a cashback from your trading activity.</p>
<p>Each trade you open costs some <a href="https://www.getknowtrading.com/forex-spread-what-does-spread-mean-in-forex/">spread</a> that <a href="https://www.getknowtrading.com/forex-broker/">brokers</a> charge for their service. Small portion of that spread is returned back to you as a rebate or cashback.</p></div>
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<div><iframe title="Forex Rebate Calculator – How Much Money You Can Return Back With Each Lot Traded" width="1080" height="608" src="https://www.youtube.com/embed/yl3J6aEx1I8?feature=oembed" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></div>
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<div><h2>What is a Forex Rebate Calculator?</h2>
<p>You can use the rebate or cashback service over a third party company. That company is the middleman between you and your broker who returns you money back on each trade you open.</p>
<p>You know that each time you open an order you pay a spread cost. If your trade is positive or negative you will pay spread cost.</p>
<p>That means if you have positive trade or losing trade you can get money back if you use rebate service.</p></div>
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<div><h3>Cashback Calculator</h3>
<p>The money you can get back is a rebate or cashback service who gives a portion of the money earned back to you.</p>
<p>Have in mind that the cashback calculator gives you an approximate value which depends on the rebate service provider.</p>
<p>And, the money you get back is not money you earn, but it is money you lower the cost of each trade you open.</p>
<p>Below you will see an example how rebate is calculated and how to use a Forex rebate calculator.</p></div>
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<div><h2>How to Use the Forex Rebate Calculator?</h2>
<p>To define the rebate amount that you can get back, you need to define the pip value of the <a href="https://www.getknowtrading.com/12-best-currency-pairs-to-trade-in-forex-for-beginners/">currency pair traded</a> or instrument or symbol.</p>
<p>In the rebate calculator select the instrument and then deposit currency.</p>
<p>Then define the rebate per lot in pips or in currency. This allows the calculator to calculate the pip value in two different ways.</p>
<p>For example the cashback can be $1 per each traded lot or 1 pip per each trade.</p>
<p>Then one of the most important variables is the <a href="https://www.getknowtrading.com/what-is-lot-size-in-forex/">lot size</a> or volume. Define what lot size you are using in your trade.</p>
<p>Click <strong>Calculate</strong> and you will get the value in the account currency.</p></div>
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<span><img decoding="async" fetchpriority="high" width="644" height="450" src="https://www.getknowtrading.com/wp-content/uploads/2023/06/Forex-rebate-calculator-example.jpg" alt="Forex rebate calculator example" title="Forex rebate calculator example" srcset="https://www.getknowtrading.com/wp-content/uploads/2023/06/Forex-rebate-calculator-example.jpg 644w, https://www.getknowtrading.com/wp-content/uploads/2023/06/Forex-rebate-calculator-example-480×335.jpg 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 644px, 100vw" class="wp-image-52482" /></span>
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<div><p>In this example you can see that I have used <a href="https://www.getknowtrading.com/eur-usd-volatility-average-pip-range/">EURUSD currency pair</a> with USD as a deposit currency.</p>
<p>I have defined that the rebate per 1 lot is 0.7 pips.</p>
<p>When you calculate the value of a one pip you get that for 1 lot you get $7.00 back on that trade.</p>
<p><strong>Read more: <a href="https://www.getknowtrading.com/pip-calculator/">Calculate Pip Value</a></strong></p></div>
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<h3>How to Calculate Rebate</h3>
<p>In the example from above you can see that I have:</p>
<ul>
<li>EURUSD</li>
<li>0.7 pips per lot</li>
<li>Lot size = 1 lot</li>
</ul>
<p>When you calculate pip value for EURUSD for 1 lot you get that 1 pip in EURUSD for 1 lot = $10.</p>
<p>So, if you have cashback defined as 0.7 pips per lot you get this:</p>
<p><strong>0.7 pips/lot x $10/lot = $7</strong></p>
<p>So, you end up with a $7 rebate for 1 lot traded.</p>
<p>Let’s make another example where I will use USD as a rebate per lot.</p>
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<span><img decoding="async" width="646" height="447" src="https://www.getknowtrading.com/wp-content/uploads/2023/06/Forex-rebate-calculator-example-USD.jpg" alt="Forex rebate calculator example USD" title="Forex rebate calculator example USD" srcset="https://www.getknowtrading.com/wp-content/uploads/2023/06/Forex-rebate-calculator-example-USD.jpg 646w, https://www.getknowtrading.com/wp-content/uploads/2023/06/Forex-rebate-calculator-example-USD-480×332.jpg 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 646px, 100vw" class="wp-image-52486" /></span>
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<div><p>In this example I have:</p>
<ul>
<li>EURUSD</li>
<li>0.7 USD per lot rebate</li>
<li>Lot size = 1 Lot</li>
</ul>
<p>Now I need to calculate the pip value for EURUSD. For 1 lot in EURUSD 1 pip is equal to $10.</p>
<p>If I have 0.7 USD per lot rebate that means I would get $0.7 if I trade 1 lot.</p>
<p><strong>0.7 USD/lot x 1 lot = 0.7 USD = $0.7</strong></p>
<p> </p></div>
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<h2>Conclusion</h2>
<p>You can see that rebates in forex are a great way to reduce the cost of trading. Rebate in Forex is not making money, but returning the cost the broker has taken from you when you open an order.</p>
<p>But, this way you can use a Forex rebate calculator to calculate how much you would get back as a cashback for your trading activity.</p>
<p>Check with the rebate providet what is the rebate amount per traded lot so you can see what will be the return on your trading activity.</p>
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<p>The post <a rel="nofollow" href="https://www.getknowtrading.com/forex-rebate-calculator/">Forex Rebate Calculator – Cashback Calculator</a> appeared first on <a rel="nofollow" href="https://www.getknowtrading.com">Get Know Trading</a>.</p>
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