{"id":240,"date":"2024-05-30T05:29:17","date_gmt":"2024-05-30T05:29:17","guid":{"rendered":"https:\/\/trader-cashback.com\/media\/?p=240"},"modified":"2024-06-09T04:00:52","modified_gmt":"2024-06-09T04:00:52","slug":"what-is-the-auto-rebate-system-for-cashback","status":"publish","type":"post","link":"https:\/\/trader-cashback.com\/media\/240","title":{"rendered":"What is the “Auto Rebate System” for Cashback?"},"content":{"rendered":"\n

This section explains how the cashback auto-rebate system works. <\/p>\n\n\n\n

For those who have never used a cashback (rebate) service, or who are using it but don’t know about the auto rebate system.
In this article, we will introduce the appeal of the auto-rebate system.<\/p>\n\n\n\n

How Cashback Works<\/h2>\n\n\n\n

Cashback is paid from the affiliate commissions of Introducing Brokers (IBs).<\/span><\/strong><\/p>\n\n\n\n

The image below illustrates how this works.<\/p>\n\n\n\n

\"rebates<\/figure>\n\n\n\n

The IB commission is paid from a portion of the trader’s trading commission (spread), and the cashback is mostly returned to the trader.<\/p>\n\n\n\n

\n\t\t\t<\/i>\n\t\t\t
\n

The cash back percentage depends on the broker and each cashback (rebate) service.<\/p>\n<\/div>\n\t\t<\/div><\/section>\n\n\n\n

How the Auto-Rebate System Works<\/h2>\n\n\n\n

The auto-rebate system is a cashback system offered by brokers.
The cashback is directly credited to your MT4 or MT5 trading account the day after the trade.\u3000<\/span><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

This \u201cD-INTARB\u201d<\/strong> is the cashback from the auto-rebate.<\/p>\n\n\n\n

Example of Auto Rebate: Exness Standard Account Gold<\/h3>\n\n\n\n
Spread<\/th>Cashback<\/th>Actual Cost<\/th><\/tr><\/thead>
(1) 2.0 pips<\/td>(2) 0.68 pips<\/td>(3) 1.32 pips (2.0 pips – 0.68 pips)<\/td><\/tr><\/tbody><\/table>
exness<\/figcaption><\/figure>\n\n\n\n

Cashback amount varies depending on the spread at the time of transaction.<\/p>\n\n\n\n

Benefits of the Auto-Rebate System<\/h2>\n\n\n\n

Next Day Cashback<\/h3>\n\n\n\n

Brokers without an auto rebate system reflect the cashback balance the next day, requiring a withdrawal and deposit process. With the auto rebate system, the payment is made the day after the transaction.<\/p>\n\n\n\n

Trading with Cashback<\/h3>\n\n\n\n

Since cashback is directly reflected in your account, you can use it as funds for trading.<\/p>\n\n\n\n

Steps to Receive Cashback with the Auto Rebate System<\/h2>\n\n\n\n
\n
<\/span><\/div>
Register as a member of Trader Cashback<\/div><\/div>
\n

Open an account with a broker through the Trader Cashback button.
Open an account with a broker that offers an auto-rebate system. Required documents and procedures vary from broker to broker.<\/p>\n\n\n\n

\n\t\t\t<\/i>\n\t\t\t
\n

If you already have an account, you can also use the auto-rebate system by \u201cApply for IB Change\u201d or \u201cOpen a New Account\u201d.<\/p>\n<\/div>\n\t\t<\/div><\/section>\n<\/div><\/div><\/div>\n\n\n\n

<\/span><\/div>
Deposit and trade.<\/div><\/div>
\n

The cashback (rebate) amount is calculated based on the traded lots.<\/p>\n<\/div><\/div><\/div>\n\n\n\n

<\/span><\/div>
Cashback is automatically credited the next day<\/div><\/div>
\n

Cashback will be directly credited to your MT4 or MT5 trading account the day after the transaction.<\/p>\n<\/div><\/div><\/div>\n<\/div><\/section>\n\n\n\n

Summary<\/h2>\n\n\n\n

Using the auto rebate system allows cashback to be reflected the day after the transaction, enabling efficient use of funds for trading.<\/p>\n","protected":false},"excerpt":{"rendered":"

This section explains how the cashback auto-rebate system works. For those who have never used a cashback (rebate) service, or who are using it but don’t know about the auto rebate system.In this article, we will introduce the appeal of the auto-rebate system. How Cashback Works Cashback is paid from the affiliate commissions of Introducing […]<\/p>\n","protected":false},"author":1,"featured_media":6232,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_jinr_url_youtube":"","_jinr_pip_youtube":false,"_jinr_time_youtube":"","_jinr_thumb_youtube":"","_jinr_media_youtube":"","_jinr_category_edit":false,"_jinr_category":"","_jinr_title_display":false,"_jinr_snsbutton_display":false,"_jinr_ads_display":false,"_jinr_thumbnail_display":false,"_jinr_profile_display":false,"_jinr_representations_display":false,"_jinr_relatedpost_display":false,"_jinr_sidebar1col_display":false,"_jinr_sidebar2col_display":false,"_jinr_seotitle_display":"","_jinr_description_display":"","_jinr_keyword_display":"","_jinr_hastag_display":"","_jinr_canonical_display":"","_jinr_noindex_display":false,"_jinr_paidpost":false,"_jinr_paidpost_product_id":"","_jinr_headtag_article":"","_locale":"en_US","_original_post":"https:\/\/trader-cashback.com\/media\/?p=238","footnotes":""},"categories":[20],"tags":[],"class_list":["post-240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-about-tradercashback","en-US"],"acf":[],"views":"18","_links":{"self":[{"href":"https:\/\/trader-cashback.com\/media\/wp-json\/wp\/v2\/posts\/240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trader-cashback.com\/media\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trader-cashback.com\/media\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trader-cashback.com\/media\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/trader-cashback.com\/media\/wp-json\/wp\/v2\/comments?post=240"}],"version-history":[{"count":0,"href":"https:\/\/trader-cashback.com\/media\/wp-json\/wp\/v2\/posts\/240\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trader-cashback.com\/media\/wp-json\/wp\/v2\/media\/6232"}],"wp:attachment":[{"href":"https:\/\/trader-cashback.com\/media\/wp-json\/wp\/v2\/media?parent=240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trader-cashback.com\/media\/wp-json\/wp\/v2\/categories?post=240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trader-cashback.com\/media\/wp-json\/wp\/v2\/tags?post=240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}