Any real-world sense of how much rebates return

[soumitss]

Hey everyone. Practical question about combining this broker with a cashback service. If I trade raw-spread with commissions, does routing through a rebate provider actually give meaningful money back given the commissions, or does it barely move the needle? Trying to work out if it's worth the setup for my volume. Any real-world sense of how much rebates return on a commission-based account with this kind of broker?

[hydrogenn]

Hi. Real-world sense, on a commission-based raw-spread account rebates give you a portion back per lot, and on decent volume it does move the needle rather than being trivial, because you earn it on every trade win or lose. I run it through Globe Gain https://globegain.com/brokers/ic-markets/ and they spell out the conditions for cashback with this broker so you can estimate it against your own volume. Operating since 2011. Be honest with your lot count when you do the maths, and don't overtrade just to farm rebates, that backfires since forex risk is real. But for whether cashback is worth the setup on a commission account with this broker, for my volume it was.