FXCL, a leading online forex trading platform, has launched an exciting Automatic Cashback program for traders, offering up to 4 pips cashback per lot on loss positions. The cashback is directly credited to traders’ accounts every Sunday, making it easier for users to recover from their trading losses without the need for additional activation or requests.
How the FXCL Automatic Cashback Works
Traders can take full advantage of the cashback offer simply by trading on their Cent, Standard, Start, Interbank Cent, or Interbank Standard accounts as usual. The cashback applies automatically to closed loss positions and is calculated without any need for manual intervention. Cashback calculations are done every Sunday, and the amount is credited directly to the trader’s account balance.
Traders can use the FXCL calculator to easily calculate the pip value of any instrument, which helps to better estimate the cashback they may receive based on their trading activity.
FXCL Cashback Rates Per Instrument (in Pips per Lot)
Below is the table showing the cashback rates per instrument, which vary depending on the account type:
Important Terms for Cashback Eligibility
The cashback is available only for Cent, Standard, Start, Interbank Cent, and Interbank Standard accounts. The calculation of the cashback is based on the following criteria:
- Closed Loss Positions – Only non-hedging, closed positions that result in a loss will be eligible for cashback.
- Negative Balance Coverage – If the cashback amount exceeds the negative balance, the remaining positive amount will be added to the trader’s account.
- Automatic Calculation – Cashback is processed automatically every Sunday. There is no need for traders to make any requests for the cashback to be applied.
This promotion ensures that traders can benefit from consistent support each week, turning potential losses into opportunities to recover and improve their trading strategies. FXCL has designed this cashback initiative to enhance trading experience by offering tangible rewards for active traders.
For more information on the FXCL Automatic Cashback program and to calculate potential rewards, visit the official FXCL website or use the FXCL Cashback Calculator.