Ribate - what is it? Show how to reduce trading costs
Ribate - what is it? It is such a question that the traders are facing who seek to make forex trading as profitable as possible.
One of the possibilities for reducing costs is Cashback.
We will talk about Ribate in more detail and recommend a broker with whom you can get back to your trading account to 60% from the spread from each closed transaction.
5 main questions about Ribate
What is Ribate? Ribate - a return to the trader of part of the spread from the trade transaction.
Under what conditions is Ribeit paid? Ribate is paid by committed profitable and unprofitable transactions. Regardless of the results of the transaction, the broker or the Ribeyt Service returns the client part of the funds paid by him for trade operations in the account.
Attention! Broaches can count for Ribate not all closed transactions and exhibit additional conditions on them: the duration of the transaction, trade volume, assets. For example, Ribeit is charged only for transactions lasting at least 3 minutes by foreign exchange pairs and metals, the volume of transactions per month should exceed 3 lots. Therefore, before registering in the Broker program, carefully study the regulations to find out Ribate - that it is under the conditions of real trade on Forex.
What can Ribeit be? This may be a percentage of trade or a fixed amount, the exact form of payments is indicated in the conditions of the ribeite of each broker or ribeite service. But here it is necessary not to lose vigilance, since individual brokers are credited by Ribeit not in the form of money, but in the form of trading bonuses that the client must “work out” to transfer his account to the balance of their account, propping up the specified number of lots. For example, in the NPBFX trader to a trading account, 60% of the spread is returned, there are no underwater stones - Ribeit is charged by a broker to the client’s account automatically, real money and is fully accessible for trade and withdrawal.
How is Ribeit paid often? Depending on the conditions of the program of the broker or the Ribeyt Service, payments can come with different frequency, more often monthly calculations are used.
What types of ribeite are there?
External Ribate
What is the essence? Ribate is accrued through third -party affiliate services that acts between a trader and a broker. The sites work not with one, but with dozens of different companies.
How does it work?
- You are registered on a ribeite service, where statistics of enrollment are underway on your accounts.
- Open an account with a broker, who is a partner of the Ribate Service.
- Get payments through the service. How much and how often it depends on the conditions of the Ribate Service.
Inner Ribate
What is the essence? Ribate is accrued from the broker immediately to the account in the personal account, without intermediaries.
How does it work?
- You open an account with the broker,
- Connect to a ribeite program and start trading.
- Payments come to the account automatically directly from the broker through the internal transfer.
What are the pluses of Ribeite?
Consider the example of "Keshbek - up to 60% from each transaction!" by NPBFX:
- You reduce the obligatory costs of trading and can earn more, as cashback is available for new transactions and withdrawal.
- You can use scalping and algorithmic trade: strategies in which the spread is a significant cost. NPBFX has no restrictions on cashback sales strategies.
- You can choose exotic assets: with a wide spread and low liquidity, including exotic currency pairs with a crown, Russian ruble, Asian currencies.
- You reduce the size of the loss: since ribeite is accrued from unprofitable transactions.
But let's see from the other side. It would seem, why should the broker share his profit with the trader? For broker, Ribate also gives obvious benefits. Among them:
- Ribeite programs can increase customer loyalty, strengthen the attractiveness of trade conditions against the background of competitors' tariffs.
- Thanks to Ribate, the trader gets the opportunity to increase the trade turnover, on the commission from which the broker also earns.
Cashback - What is it? Conditions of the program "Keshbek - up to 60% from each transaction!" from NPBFX
- You get up to 60% from each transaction (up to $ 7 for one lot).
- Cashback is charged automatically to the trading account within 10 business days after the current month.
- Cashback is accrued on these categories: FX, indices, energy, cryptocurrency.
- Maximum payment of CashBack for a month: 10 thousand US dollars.
- You can completely withdraw CashBack.
- You can use the entire CashBack amount to conduct trading operations.
Trading accounts already registered in Riberates are not involved in the promotion.
In NPBFX, your trading will become really more profitable. The promotion from a trusted company will help reduce trading costs and get a refund to 60% of the spread.
NPBFX is a broker with an impeccable reputation that has been working with Forex traders since 1996. In 2016, the service of traders was carried out at JSC "Nefteprombank" with a license of the Bank of Russia. Further, the NPBFX scaled and expanded the pool of trade services and the service. Today, the execution of transactions is ensured on the basis of STP/NDD technology without a conflict of interests, customer accounts are protected in the amount of up to 20 thousand euros.
Bid you on the licensed proven Metatrader 4 from the NPBFX with a credit shoulder 1: 1000, get a refund of the spread of 60% and evaluate the real benefits in resolving the issue: “Ribeit - what is it?”. Follow simple leadership right now:
How to connect Cashback and reduce trading costs? Detailed leadership
- Follow the link to the website of the NPBFX .
At this stage, you will find your personal account registration. To do this, in the form “Register”, enter the name, surname, email and phone number. Next, data for access to your personal account will come to the indicated mail.
- Open an account of the Master and replenish it by $ 100.
In your personal account you can open a trading account and immediately replenish it to the minimum amount in terms of conditions. We recommend that you go through verification immediately, that is, confirm your identity with the necessary documents. You will find their list in the "Verification" section of the Personal Account. The presence of verification will accelerate the conclusion of earnings and cashback.
- Put a request for CASHBACK connection in the promotion section in your personal account.
Pay attention! The account is considered registered in the promotion when you receive a message by e -mail: “Your account is successfully registered in Cashback promotion.” Other types of trading accounts can also be connected to ribate, but the details should be clarified by your personal manager in NPBFX.