A forex rebate program provides money back on on the volume of trading carried out. STIC Cashback is one of the best cashback services available in India. Below are the reasons why you should consider a forex rebate program.
Trading always comes with an inherent level of risk. But what if some of that could be offset? In fact, there is a way to earn money regardless your trading volume. That is through a forex cashback scheme, and STIC cashback is one of the most well-known and trusted in India. Read on as STIC Cashback discusses why you should sign up and start earning from your trades.
Forex cashback is a program that allows traders to earn money from their trades. This applies regardless the volume of trading carried out. They are often working with a Trusted Global Broker Partners, who link up with your forex trading account. Based on your weekly trading volume, they provide you with a cash forex rebate.
The more Forex trading in India you complete, the more you earn from the rebate program. Many people like this as it covers some of the costs associated with trading.
The biggest advantage of a trading cashback scheme is that your costs go down. When you get a rebate, it is giving you money back. This offsets the costs associated with trading. In some rare instances, it could even give you a chance to invest in trades you may normally have overlooked.
It also minimizes a little of the risk associated with trading. As the investor is paid out based on its trading volume. All of this can also help offset some of the mental strain and stress involved in trading.
You can look at the program of forex cashback as you would a credit card reward. When you purchase something on a credit card, the seller is charged a fee which is paid to the credit card company. With a reward scheme, part of this fee is paid back to the customer. This encourages them to spend more using their card, as they are getting money back.
When it comes to a rebate or cashback program, fees are charged to the seller. A provider will have a relationship with different Forex Brokers, and will get a commission from each client they refer to them. As the person getting the rebate, you are receiving part of this money back. These are fees you would not normally have seen.
STIC Cashback is an innovative rebate service available to traders in India. It is brought to you by STICPAY. Most well-known as an e-wallet and global financial services provider, their STIC Cashback offers a weekly forex rebate based on your trading volume. The more you trade, the more you get back from the service.
It is easy to start earning with STIC Cashback. All you need to do is sign up for STIC Cashback, free of charge, and then link your account to one of STIC Cashback’s broker partners via a specific referral link. If you already have an existing account with one of STIC Cashback’s broker partners, you can continue using it by requesting an IB change. Once you have done this, you execute your trades online as you would normally. You will then receive a cashback percentage that corresponds to your crypto trading volume.
This innovative service is especially significant for Indian users. STIC Cashback is already known for its reliability and legitimacy, secured by the leading global payment service company STICPAY. There really are no disadvantages, so sign up and start earning as you trade immediately.
Also read: A Comprehensive Review of the 1win Online PlatformMona Porwal is an experienced crypto writer with two years in blockchain and digital currencies. She simplifies complex topics, making crypto easy for everyone to understand. Whether it’s Bitcoin, altcoins, NFTs, or DeFi, Mona explains the latest trends in a clear and concise way. She stays updated on market news, price movements, and emerging developments to provide valuable insights. Her articles help both beginners and experienced investors navigate the ever-evolving crypto space. Mona strongly believes in blockchain’s future and its impact on global finance