Forexcashbackcloud - introduction

Hey guys! Here's my review about a forex rebate provider Forexcashbackcloud

If you are a Forex trader like myself, you know what it means to pay a lot of commissions to the brokers. When you are trading a lot, it can add up to a lot of $$$.

So what are they doing at Cashbackcloud ?

Well, they're promoting the brokers, and if you sign-up through them, they will give you back part of their profit. If you reach a certain level, they could give you back 100% of their earnings out of you. (they have a level system)

Let me walk you trough how does it work. 

When you go to their brokers page, you will see the following calculator:

Broker calculator

First, check if they have a contract with your broker. Myself I trade at Fxpro, and I'm trading about 16 lots per month. After inputting the data, click on CALCULATE MY ESTIMATE REBATE

Rebate offer

As you can see on the right, they can save me $861 / year. This is the reason why I told you guys, commissions and spreads can add up to a lot of money in the long-run.

Now there's two situations:

A - You already have an account with the broker
B - You didn't open an account yet

In case of A, skip this section and go to the registration page.

In case of B, click on the offer above ($861 / year), and it will take you to the broker page. In this page, you can open an account through Forexcashbackcloud. Scroll down a bit and you will find this button. Click on it, and open an account.

Let's go to the registration page.

Registration

You can either use your social media profile, or your E-mail address for sign-up. After you sign-up, make sure you confirm your e-mail address by opening their confirmation e-mail.

At first time, they will show you some pop-up where they explain you their system, their promotions and you must input some additional data.

First time login

Oh, do you remember when I told you about their level system? As you advance in level, you earn more rebate. However, they have small promotions, which can get you additional percentages. For example, if you like their Facebook page, they will pay you 1% more.

Promotions

Actually when you're trading a lot (let's say 6 times as me) and you receive for example $5000 of rebate, that 1 percent can mean as much as $50 dollars for you.

After you finished your profile, they will walk you through how to use their website.

Promotions

Alright, I don't want to waste anyone's time, let me tell you how to add your account.

On their navigation bar, you can find a button called "ADD A NEW CASHBACK ACCOUNT"

ADD A NEW CASHBACK ACCOUNT

Click on this button, and the account adding section will pop-up.

As you can see, you have several types of accounts to add. If you have an E-wallet like Skrill or Neteller, you can add those too, and receive cashback for it :)

Since I'm trading Forex, I'm going to show you how to add your Forex account. So let's click on Forex

Here, you can select your broker, your account type, and then input your account ID. Click Next.

If you are a new trader, click on New account and finish the process. In this case, you can skip the e-mail composing part:

If you have an existing account, click on that button, where you will get to the e-mail composer

Click on "Send an email on behalf of me" and finish the account adding process.

Finish

Now all you have to do is wait until they confirm your account. It might take up 10 business days.

These are all the basic steps to create an account with Forexcashbackcloud, where you can earn rebate and save a lot of money on Forex trading. In my next post, I'm going to show you my earnings as well as the withdrawal system.