Rebates or deposit bonus, you can’t get it both, or at least in this bonus program. Forex4You offers a cashback program of 50% of the spreads and commissions that you pay for each of your transactions. Unfortunately you cannot activate this cashback program if your account uses Forex4You Deposit Bonus or another deposit bonus program.
You also cannot activate this bonus program if your account is registered under a Forex4You partner where this is bad news for them. By activating this program you will get up to $10 per lot for transactions in EURUSD pairs.
To activate this bonus all you need to do is switch your real trading account to the “Cashback” service. In order to activate the «Cashback» option login to your Trader Room and proceed to the “My funds” section and choose tab “Bonus offers”. Click on button “Get rebate bonus”.
One thing to remember is that the transaction you carry out must follow MTP rules in order to get cashback. MTP stands for Minimums Trade Points is the minimum limit of pips you get or lose in a transaction.
For example, for EURUSD, the MTP pair is 5 pips, you will only receive rebates / cashback if your transaction closes profit or loss of at least 5 pips. You can check the MTP number of all pairs through the Partner commission calculator.
Read on this Forex4You promotion page for more detail.
