How Myfxrebate Works

A complete breakdown of the 6 steps to use Myfxrebate, from account registration to rebate distribution into your wallet.

1. 1

   Register a Myfxrebate Account

   Create a Myfxrebate account using the same email address as your broker account (or the one you plan to use when registering for a new broker). This is important so that our system can match the verification process between your Myfxrebate account and broker account faster.
2. 2

   Choose & Register a Broker via Myfxrebate

   Select a broker from our partner broker list, then register a trading account using the official link provided on the broker's page, not directly from the broker's website. This link automatically connects your new account to the Myfxrebate IB network. If you already have an existing trading account with that broker (outside our network), you will need to complete an IB Transfer process first.
3. 3

   Add Account Number & Wait for Validation

   Enter your MT4/MT5 account number in the Myfxrebate Dashboard. Our team will verify with the broker system that the account is indeed registered under the Myfxrebate IB network. This process usually takes 1x24 business hours, and you will receive a notification as soon as the account is validated.
4. 4

   Set Up Your USDT (BEP-20) Wallet

   Add your USDT (BEP-20) wallet address in the Dashboard. The system will use this wallet to send your rebates automatically later, so please make sure the data is accurate before proceeding.
5. 5

   Trade as Usual

   Once your account is validated, you don't need to perform any special action. Simply trade as usual on your chosen broker using whichever strategy you prefer. Every time your position is closed, the broker reports the transaction volume to Myfxrebate, and our system automatically calculates the rebate based on the rate applicable to that broker.
6. 6

   Rebate Automatically Distributed to Your Wallet

   You don't need to request manual withdrawals. The Myfxrebate system automatically processes and distributes rebates every week directly to the USDT wallet you set up in step 4, without requiring any submission from the Dashboard. For details on exact payout timings, check the Rebate Schedule page.