BRISBANE, Australia, Nov. 29, 2011 /PRNewswire-Asia/ -- Refund FX (www.refundfx.com.au) announced today that it has launched in Australia, allowing forex traders the opportunity to earn cash back on their forex trades, known as forex rebates, from many of the major forex brokers around Australia and overseas.
Through Refund FX, it is now possible to receive an AxiTrader rebate, Synergy FX rebate, Pepperstone rebate, Vantage FX rebate, FX Pro rebate, IBFX Australia rebate, and many more forex brokers are available.
Clients with existing forex trading accounts may still be eligible to start earning forex rebates.
Additional forex brokers can also be added upon request.
Here is how it works: Refund FX acts as an introducing broker to several FX and CFD providers. For referring clients, Refund FX is paid a commission from these brokers. The trading conditions do not change. Clients receive the same great spreads, service and execution as they would if they opened an account directly with the broker. This is much like how a mortgage broker gets paid for referring its clients to a bank for a home loan. Refund FX then pays clients up to 80% of the rebates and commissions it receives.
Commissions can be paid in either AUD or USD and are paid directly to clients' bank accounts or PayPal accounts each month.
With cash back on every forex trade placed, winners will be larger, losers will be smaller, and break even trades are now winning trades.
Example:
The average forex trader with $2,000 in their account trades about 0.4 standard lots per day. If you receive a 0.8 pip or $8 per lot rebate, that would equate to about $3 - $4 per day. That does not sound like much, but over time that $4 per day quickly adds up. Over a 1-year period that $4 per trading day adds up to over $1,000 per year, which equates to an extra 50% return. Many clients using Forex Expert Advisors trade significantly more than 0.4 lots per day increasing their rebates even further.
Visit www.refundfx.com.au - NOW- and start earning forex rebates today!
About Refund FX
Refund FX is the latest offering by Got Money FX Pty Ltd. Got Money FX is an Australian owned and operated company that holds Australian Financial Services Licence (AFSL) #441323. Got Money FX also operates www.gotmoneyfx.com.au - an MT4 forex firm offering spreads from 1 pip and STP and www.licencefx.com.au that provides ASIC authorised representative solutions to clients wanting to give advice in foreign exchange and derivatives.
Media Contacts:
Sally Fields
Sally.Fields@refundfx.com.au
