CashBackForex review - Pros, Cons and Traders Ratings.

4.867 • 96 REVIEWS
Updated: Mar 28, 2024

5 star review by Adilfx, United Arab Emirates

The entire team at Cashbackforex is beyond fantastic. I have been with them since 2015 and honestly I have gotten nothing but exceptional service from them always. Payments are credited on time and sometimes even before the stipulated date. They are courteous and respectful. I cannot praise them enough.

What is CashBackForex?

Cashbackforex is a forex rebate site that pays back to traders part of the trade transaction cost. Cashback forex is one of the original rebate sites established back in 2007.

Cash Back Forex has a network of over 35 integrated brokers for the traders outside of US and also 3 brokers for US residents. Rebates rates and conditions differ by the broker and account type.

Generally, trader need to register on (or site first. Then select participating broker and follow instructions to open a new account (or link the existing account.) Once approved, trading activity, broker fees and forex rebates will be listed in the trader's secure area.

Please read CashBackForex Reviews below and share your experience if you received forex or crypto rebates through this company.

NFA member brokers are now offered at CashBackForex USA by Excel Markets Inc. (NFA member). 


Established: 2007
Contact:, +353 21 242 8190
4.867 • 96 REVIEWS

CashBackForex Most Helpful Customer Reviews

MELBOURNE, Australia,
Feb 22, 2022,
Registered user

11 Years and counting

Service use: Live Length of use: over 1 Year
On time every month and customer service is prompt. Not much more to be said,
Maybe add more brokers, well worth it and trustworthy.

Dec 28, 2013 - 5 Stars Every month they credit my PAYPAL account no drama.This is the one you should use if you want rebates. Well done CBFX


2011-11-26 5Star Just a follow up from a post a few months back.
All c*** aside they are pretty good. Have used them for 3 months received 3 rebate payments like clockwork on the 23rd of each month. Thanks to the guys that posted reviews. Highly recommend cashbackforex. Good trading.....smash the scammers

2011-08-19 5Star Just got my first amount $19, Excellent worked out what expected. Great service and quick response. highly recommended
May 22, 2019,
Registered user

I am a client since 2011 and got more than 70.000 $ rebates from them. I can confirm, that I never had any problem with payments or calculation of the rebates. I can only recommend to use this service.
, Australia,
Jul 12, 2016,

Opened an account for AxiTrader via They said they don't adjust the spreads but I noticed a spread difference between the live and demo account. After enquiring with AxiTrader, they acknowledged that the IB had a 0.2 pip markup. I followed up with Cashbackforex but after several days, they haven't been able to resolve this. In fact, they completely ignored me at my last attempt. Be careful if you're looking for tight spreads

CashBackForex Representative reply:  The client is correct. Axitrader (Australia) was one of just 2 brokers that altered spreads for our clients since our inception in 2007. They did so without our knowledge to increase their profits. Clients alert us very quickly, and after finding out we removed them from the website.

We regret that we were not able to resolve this situation as quickly as the client hoped for. We have to investigate thoroughly and we cannot jump to conclusions too quickly. We were waiting on communication back from the broker and had replied within 24 hours of the client's last communication. We totally understand the client's frustration, we ourselves were also surprised and frustrated. The client had not yet traded the account so there was no refund to issue in this case.

2 years later the UK branch of Axitrader contacted us for an agreement, under different management saying they weren't aligned with the previous actions of the AU company, and we added Axitrader back under the UK agreement.
sugiatno sutjipto
indonesia, Indonesia,
Apr 16, 2016,

I have using cashbackforex for 6 years.there is no problem is replayed fast .each month I got my payment on my PayPal.thank you caahbackforex.keep the great service
, Australia,
Oct 15, 2014,

These guys are excellent! I have been with them since my early days (2009-ish?). You don't pay them a cent. Just register your broker's account with their IB codes, and get your commissions rebated back to you at little to no cost!

You cannot go wrong with these guys. I haven't tried other rebate programs, but why would I when I have the best rebates here? CBF have managed to match better rates I have found elsewhere, so I continue to get the best deal with them without having to change rebate providers.

I definitely recommend their services - especially as a good way to "get back" at "broke-rs" ("criminals"). Just be wary that your broker is calculating rebates correctly: I sent CBF my account statements and they followed it up - my broker had miscalculated my rebates so I got the extra money back too!

I hope these guys ALWAYS stay in business!

Recent User Reviews of CashBackForex

Surabaya, Indonesia,
Apr 30, 2022,
Guest (CBFX) is very Good and Honest Company !

Service use: Live Length of use: over 1 Year
I'm CBFX's member since 2017 (almost 5 years).

CBFX always pays my rebates. Never been an issues.

CBFX is an honest company with honest people, doing great works.

Thank You so much CBFX for making an honest company available in this world.
Ontario, Canada,
Jun 7, 2021,

free money!

Service use: Live Length of use: over 1 Year
I've been using their service for over 6 years and have gotten money back every month like clockwork. l've received literally thousands of dollars that I would not have if I didn't sign up with my broker though their website. I highly recommend them.
Johor, Malaysia,
Jun 2, 2021,
Registered user

The Best Cashback rebate provider

Service use: Live Length of use: over 1 Year
Every month I receive cash rebate from my open trade. Their service & support are exceptional. I strongly recommended to forex trader to join. Its free!
Jubail, Saudi Arabia,
Nov 1, 2020,
Registered user

the best ever

Service use: Live Length of use: 6-12 Months
I am sorry to give you just 5 stars , you of course deserve more , I have been seen a service like this before , instant transfer for money , many possible transfer ways , exceptional support , i am dealing with them for about a year and they are exceptional , just try it now by open their website , you will find exceptional support in the chat box even you are not a customer with them
Kiev, Ukraine,
May 17, 2019,
Registered user

Service which pay money

The first time i said that all was bad but guys decided the problems. i received my money. They gave me apologizes and become very friendly. FPA changing world lol))

Nov 27, 2017 - 1 Star Currently, they act with me like a SCAMMERS.
They do not want to give me my money. I do the big volume of my accounts (2-3 k lots per month). They must pay after 10 of each month. already 27 November and they still not pay my October rebates, first they said that still didn't receive rebates from the broker, then they told that already received and i must wait, after 3 days they ask me to send reports from my accounts because they need to calculate something. But I know that ibs have reports, on ib back office, so this looks like they wasting the time! WTF
1 trader has found this review helpful

Frequently Asked Questions

Is CashBackForex a good forex rebate broker?

Unbiased traders reviews on ForexPeaceArmy is the best way to answer if Cash Back Forex is a good forex rebate introducing broker.

Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

Additionally, we'd recommend to check recent CashBackForex community discussions:

What is CashBackForex?

CashBackForex is a forex rebate introducing broker.

CashBackForex offers a cash rebate to traders who sign up with them for each trade they make.

Does CashBackForex offer rebates on a losing trade?

Yes. CashBackForex' rebates are paid on every trade you make, including both losing trades and winning trades.

How do the CashBackForex rebates work?

  • Sign up a broker via CashBackForex or link your existing broker account to CashBackForex
  • Broker pays CashBackForex part of their spread or commission profit for every trade you make for referring a customer to them.
  • CashBackForex pays you a cash rebate for each trade you make as a reward for signing up with them.

Can I refer myself for CashBackForex rebates?

CashBackForex only allows one profile for one client. Self-referral is not permitted.

Multiple profiles for the same client will be consolidated to a single profile by CashBackForex.

How are CashBackForex' rebates paid?

CashBackForex offers several options to pay out their rebates.
  • Monthly cash back: Rebates payments are credited and sent automatically by the 12th of the month following the month rebates are earned in.
  • Spread or commission reduction: The trader actually receives reduced commissions and/or spreads. 
  • Direct payment to brokerage account: Cash rebates are credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed.