Dear Client,
On August 1 2023 there has been a change in the IB commission scheme for FBS brokers from a fixed amount per lot to a percentage of the spread, this has an impact on the FBS rebate scheme that we offer which will follow the IB commission scheme, namely up to 34.4% of the spread for all account types or the equivalent of 80% of IB commission.
This change in the rebate scheme means that the FBS rebate is currently not fixed, but is based on the spread when you open the order.
FBS also removed the minimum order closing restriction of 59 points (all order closings get a rebate).
That’s all our thanks for your attention and cooperation.
Warm Regards,
The PipsbackFX Team
