# Forex Rebate Calculator – Cashback Calculator

Aug 17, 2023Forex Calculator

Forex rebate calculator is a calculator in Forex trading which calculates how much money you can get back as a cashback from your trading activity.

Each trade you open costs some spread that brokers charge for their service. Small portion of that spread is returned back to you as a rebate or cashback.

## What is a Forex Rebate Calculator?

You can use the rebate or cashback service over a third party company. That company is the middleman between you and your broker who returns you money back on each trade you open.

You know that each time you open an order you pay a spread cost. If your trade is positive or negative you will pay spread cost.

That means if you have positive trade or losing trade you can get money back if you use rebate service.

### Cashback Calculator

The money you can get back is a rebate or cashback service who gives a portion of the money earned back to you.

Have in mind that the cashback calculator gives you an approximate value which depends on the rebate service provider.

And, the money you get back is not money you earn, but it is money you lower the cost of each trade you open.

Below you will see an example how rebate is calculated and how to use a Forex rebate calculator.

## How to Use the Forex Rebate Calculator?

To define the rebate amount that you can get back, you need to define the pip value of the currency pair traded or instrument or symbol.

In the rebate calculator select the instrument and then deposit currency.

Then define the rebate per lot in pips or in currency. This allows the calculator to calculate the pip value in two different ways.

For example the cashback can be \$1 per each traded lot or 1 pip per each trade.

Then one of the most important variables is the lot size or volume. Define what lot size you are using in your trade.

Click Calculate and you will get the value in the account currency.

In this example you can see that I have used EURUSD currency pair with USD as a deposit currency.

I have defined that the rebate per 1 lot is 0.7 pips.

When you calculate the value of a one pip you get that for 1 lot you get \$7.00 back on that trade.

In this example I have:

• EURUSD
• 0.7 USD per lot rebate
• Lot size = 1 Lot

Now I need to calculate the pip value for EURUSD. For 1 lot in EURUSD 1 pip is equal to \$10.

If I have 0.7 USD per lot rebate that means I would get \$0.7 if I trade 1 lot.

0.7 USD/lot x 1 lot = 0.7 USD = \$0.7

Neither GETKNOWTRADING.com nor its employee or affiliates will be held responsible for the reliability or accuracy of this data. The service is provided in good faith.

However, there are no explicit or implicit warranties of accuracy. The user agrees not to hold GETKNOWTRADING.com or any of its affiliates, liable for trading decisions that are based on the calculators from this website.

“Disclosure: Some of the links in this post are “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. This does not cost you anything extra on the usual cost of the product, and may sometimes cost less as I have some affiliate discounts in place I can offer you”

#### Frano Grgić

A Forex trader since 2009. I like to share my knowledge and I like to analyze the markets. My goal is to have a website which will be the first choice for traders and beginners. Market analysis is featured by Forex Factory next to large publications like DailyFX, Bloomberg... GetKnowTrading is becoming recognized among traders as a website with simple and effective market analysis.

##### Forex Calculator

A list of all Forex Calculators