Bay Area Forex Group has Referring Broker (RB) relationships with FXCM and Gain Capital, two of the top Forex Brokers. When you sign up for your live brokerage account with one of them and name Bay Area Forex Group as your Referring Broker, a portion of the fees and commissions you pay for every trade goes to the Bay Area Forex Group.
Our Commission Rebate Program allows you to receive a percentage of those fees you pay back from us every month (50% of the commissions we earn). To participate in this program all you have to do is name Bay Area Forex Group as your Referring Broker when you open your live account (or tell them you want to switch to us if you already have a live account), and complete the short application form below and send it to us.
We will then send you a rebate check every month that you are actively trading in your live account with your portion of those fees.
View a Diagram and Spreadsheet of a Typical Trader's Rebates
Click Here to Download Our Application Form
FAQ’s
Q. How much will my rebate check be every month?
A. This will depend on your level of trading; typically with most brokers we earn 1 pip per lot traded, and your rebate will be 50% of the gross amount we earn.
Q. Is there a limit to how much I can get back with my rebates?
A. No, there is no upper limit. The more you trade the more you will get back from us – we do however have a minimum; if your trading volume generates less than $40 of gross commissions ($20 in rebates) in any month, we will accrue your rebates until they reach $20 before we mail your check.
Q. When will I receive my rebate check?
A. We process the rebate checks after we receive payment from the brokers, which typically happens around the 15th of each month for the previous month's commissions. We generally have the rebate checks in the mail by the 20th of the month for the previous month's rebates.
Q. After I sign up, is there anything I have to do?
A. No, you will automatically receive a check in the mail for each month that you qualify.
