OctaFX Rebate
IB Code: 127431
OctaFX rebate (cashback) $8 per lot or equivalent to 80% of the IB commission for reduce the cost of your trading transactions paid through Bank wire, Cryptocurrencies, Paypal, Neteller, Skrill, Perfect Money or other payment systems.
What is OctaFX Rebate
OctaFX rebate or OctaFX cashback is the return of part of the trading spread or commission that you paid to the broker when opening or closing the order. We offer OctaFX rebate 80% of the IB revenue, that is $8 per lot for MT4, MT5 and OctaTrader account. Rebates are given to close order both loss and profit orders, besides the rebate you will also get up to 5% loyalty bonus and reward points 1% of the rebate you receive.
“To get rebates from us there is no spread/commission markup and will not change the trading conditions of the broker”
OctaFX Profile
| Company Name : Octa Markets Inc. |
| Founded : 2011 |
| Headquarter : Saint Vincent and the Grenadines |
| Regulated By : FSA (St. Vincent and Grenadines |
| Type of broker : ECN/NDD |
OctaFX – one of the best Forex brokers on the market, for all traders around the world. OctaFX offers access to CFD, commodity and index trading with award-winning trading conditions. OctaFX offers various promotions that can help traders such as deposit bonuses and no deposit bonuses. For today’s Forex traders, this means they no longer need to feel deprived because of a small balance, or lack of access to global exchange markets.
OctaFX ensure clear and accurate management for your funds, transparent and beneficial conditions for trading, and easy‑to‑use service for everything else where nothing distracts you from making a profit. OctaFX help you develop the knowledge and skills to trade efficiently and responsibly. Every year they improve conditions and standards in an ongoing effort to make trading with the #1 Forex broker Octa your best experience in the market.
OctaFX’s Forex outreach makes it easier for people to access the market. they measure success by providing cost-effective trading conditions, along with a completely transparent service worldwide, regardless of how high our clients’ expectations are.
As OctaFX Partner, we provide rebate 80% of the partner commission credited to the rebate balance weekly and can be withdrawn at any time according to the available balance.
OctaFX Rebate Amount and Account Types
The following is OctaFX account types comparison, if there are different types of accounts, minimum deposit, spread, commission, leverage, lot size or other trading conditions between our website and the OctaFX website, this is due to late updates on our website. Opening live account through us to get rebates does not change the trading conditions of the broker and there is no spread/commission markup or hidden fees, if you are still in doubt please contact OctaFX support.
OctaFX Rebate Calculator
Use our calculator to estimate the amount of OctaFX cashback you will get and please note that the calculator results are approximate figures. The actual cashback calculation results will be displayed in the cashback history in the member area which is calculated automatically by the system.
How to Get OctaFX Rebate for New Account
Open Live Account
Open OctaFX live account through our IB link, to get OctaFX rebate your account must be registered under our IB. Open live account here
Validate Trading Account
Validate your trading account in the member area MyPipsbackFX to track OctaFX rebate history and access all features, if not yet member please Sign up for free first.
Setup Rebate Methode
Setup your rebate method to automatically or manually in the member area MyPipsbackFX. Then select payment system to wire transfer, or e-currency such as Neteller, Crypto, Skrill, Perfect Money or Paypal.
Deposit and Trading
Deposit your account using any method is available in your broker, then trading normally, and rebate will be paid automatically according to payment schedule or you can withdraw it manually.
How to Get OctaFX Rebate for Existing Account
If you already have OctaFX account, you can get rebates by following these steps:
1. Put the Trading Account Under our IB
Put an existing account under our IB by sending an IB transfer request to the OctaFX partner team, please see the instruction here.
2. Validate Trading Account
After your trading account connect to our IB, add or validate the account in the MyPipsbackFX member area to track rebates and access all features. If you are not yet a member, please sign up first for free.
OctaFX Rebate Term & Conditions
General Terms
- OctaFX rebate only given to trading account that registered under PipsbackFX IB.
- Become PipsbackFX member, if you are not yet a member please Sign up here.
- All trading accounts must be added or validated in the MyPipsbackFX member area.
- Rebates will be paid based on rebate schedule of our system, see OctaFX rebate schedule here
- Minimum withdrawal from rebate balance depends on the payment system you choose, please see rebate payment system here.
Restrictions from OctaFX
- OctafX rebate amount is not fixed, it can decrease or increase in the range of $4.8 to $8 perlot. This is affected by the number of active clients under our IB, where an active client is a client who has a balance above $100 and has 5 valid orders closed within 30 days. Our rebate reporting system will automatically adjust if there is a change in IB commissions.
- Orders closed less than 3 pips (30 points for 5 digits) do not get rebates.
- Orders closed in less than 3 minutes do not get rebates.
- Partially and/or Multiple open/close order did not get rebates.
- For trading accounts that use "Fixed Rate", the rebate amount is only around 75% of the normal account rebate amount (floating rate). Fixed rates are only available for several countries.
- Transferring one OctaFX trading account to another IB will result in all trading accounts in the same personal area being moved and disconnected from our IB
- Trading with a extreme hedging system to get rebates can be indicated as a "Generate Volume" technique, this will result in your account being removed from IB or your rebate will be reduced.
- Trading with bonus margin does not get rebates.
- The rebate amount for CopyTrade follower accounts is only 1/2 (50%) of the rebate amount for regular accounts (non-CopyTrade accounts), while the rebate for Master CopyTrade accounts remains the same as regular accounts.
Funding and Support Information of OctaFX
| Method of deposit & withdraw | : | Online banking, Cryptocurrencies, FasaPay, Credit/debit cards, Neteller, Skrill, Wire transfer, and others |
| Deposit Currency | : | USD and EUR |
| Contact Page | : | Visit OctaFX support center |
| 24 Hours Support | : | Yes |
| Support Languanges | : | English, Indonesia, Chinese, Spanish and others |
| Support Options | : | Email, Live Chat, Phone and WhatsApp |
OctaFX Regulators
OctaFX is a international brokerage company, based on what is written on their website, they have a license with the following regulators:
OctaFX Bonuses and Promotions
Below is the promotion and bonus program OctaFX, for terms and conditions please click the "View T&C" link. Make sure you have read it and use the promotion wisely.
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50% Bonus on Each Deposit
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Free status program that provides more power to achieve success in trading
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Trade and Win - Get Prize lots to Redeem for Gadgets
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Champion - MT4 Demo Contest with Cash Prizes
OctaFX Demo Account
Forex and CFD trading involves a significant risk to your invested capital, therefore if you are new to this industry we recommend that you use an OctaFX demo account first before investing your real money. By using a demo account you trade at live market prices without risk.
Demo trading only exposes you to virtual risks, so does not really provide you with proper risk management. Dealing with your emotions is just as important as handling your money. And virtual worlds don’t fully involve real emotions.
