Frequently Asked Questions

A forex rebate is a partial refund of the commission/spread that the broker receives from your trades, paid back to you through an IB program like Myfxrebate.

Myfxrebate acts as an Introducing Broker (IB): we receive a commission from the broker for your trades, and then share the majority of that commission back with you.

Register a Myfxrebate account, connect/register your broker account through us, and trade as usual. Rebates are calculated automatically based on your trading volume.

An existing account not yet registered under the Myfxrebate IB network needs to be transferred first via the IB Transfer process before it can start generating rebates.

An IB Transfer is the process of moving your trading account from your old IB network (or no IB) to the Myfxrebate IB network, usually by submitting a request to the broker's customer service.

Rebates are credited to your balance daily automatically. Payouts to your USDT wallet are processed weekly (Monday–Friday) for the previous week's accumulation.

No. You keep trading with your favorite broker. You only need to register via Myfxrebate's link/IB so your account is placed in our network, then trade as usual.

Never. We do not ask for your trading account credentials. All trading activity remains 100% with the broker.

No. Rebates come from the Introducing Broker commission paid by the broker to us, not from your spread or profit. Trading conditions remain unchanged.

Yes. You can connect multiple broker accounts at once and manage them all from a single Myfxrebate Dashboard.

Add your USDT (BEP-20) wallet address in the Dashboard. The Myfxrebate system processes payouts automatically every week and sends them directly to your USDT address.

USDT (Tether) is a type of cryptocurrency categorized as a stablecoin, a digital asset whose value is pegged 1:1 to fiat currency, in this case, the United States Dollar (USD). This means 1 USDT is consistently maintained at a value equivalent to 1 USD, unlike typical crypto assets (like Bitcoin or Ethereum) whose prices fluctuate freely based on market forces. USDT is issued by Tether Limited and is currently one of the largest stablecoins by trading volume and market capitalization globally — this is the rebate payout method used by Myfxrebate.

Because our system is designed to be 100% automated and non-custodial. We are committed to not holding back traders' rights. Every week, the system calculates your total trading volume for the previous week and transfers the entire rebate directly to the USDT wallet address registered on your profile.

No. Myfxrebate distributes commissions based on legitimate total commissions received into our IB system. We are not a broker and do not set market execution rules. If a rebate is not received or delayed due to fraud, violations of broker terms & conditions, or technical issues and system maintenance on the broker's end, it is entirely outside the responsibility of Myfxrebate.