RebateKingFX is an Introducing Broker (IB) established in 2015, specializing in forex rebate services. The company has established partnerships with several popular forex brokers to offer its clients highly competitive rebate rates. Its core business model is to "always offer higher rebate rates than competitors" to ensure that clients can receive the highest possible rebates.
Scope of Services
RebateKingFX's services are similar to a credit card rewards program. When clients trade through RebateKingFX’s partner brokers, RebateKingFX earns a commission from the brokers and then returns a portion of this commission to the clients as rebates. This approach aims to reduce clients’ trading costs and enhance their profit potential.
The company currently has partnerships with 42 brokers, covering some well-known brands in the industry like FxPro, Orbex, and Pepperstone. Clients can view live rebate reports on its official website, and the frequency of these reports updates depends on the type of trading platform connected to their accounts (MetaTrader 4 or MetaTrader 5).
Education and Tools
RebateKingFX offers a wealth of educational resources and tools to help traders improve their trading skills and knowledge. These resources include a forex trading academy, various calculators, an economic calendar, and tutorials on technical indicators. Moreover, the website also features forums and broker reviews to help traders select the most suitable broker for their needs.
Customer Support
RebateKingFX excels in customer support, offering 24/5 online chat, telephone, and email support. According to user reviews, the company has received positive feedback for both its rebate payments and customer service.
Risk Warning
Although RebateKingFX's services have been praised by many traders, as it is not regulated by any government agency, traders must exercise caution when using its services. There are significant risks involved in investing in financial instruments such as forex, futures, options, stocks, and cryptocurrencies. Investors should fully understand these risks and be prepared to bear them.
Partners and Affiliates
RebateKingFX maintains a partnership with the industry standards setter Cashback Forex. In addition, the company is also affiliated with platforms like FxVerify and Talktrading.io, showcasing its extensive contacts and influence in the industry.
Conclusion
RebateKingFX, as an IB focusing on forex rebates, is renowned for its high rebate rates, quality customer service, and extensive educational resources. Although the company is unregulated, it provides attractive
services and tools for traders wanting to reduce trading costs and improve trading skills. Overall, RebateKingFX offers traders a beneficial choice that can reduce trading costs and generate additional income, while also reminding traders to be aware of the associated risks and limitations.
