Get up to 20% of spread for every FBS Trade

Get up to 20% of spread is the headline reward in FBS's cashback program. The idea is that part of the spread you pay on each trade is returned to you as cashback, with the rate depending on your Cashback level. This page explains how the program is structured, what the steps look like, and what to check before you rely on it. $100 Forex No Deposit Bonus

Get up to 20% of spread: Key Facts

The cashback program is available only to FBS Trader users. Cashback is calculated on every trade, so the reward comes from your normal trading activity rather than from a single sign-up action. You buy and sell instruments as usual, and each eligible transaction can earn cashback. According to the program terms, cashback is credited on the next business day, so check your account history to confirm the timing.

How the four Cashback levels work

Cashback is organised into four levels. Upgrading through the levels increases your reward, which means you receive more cashback as you trade more. The conditions for moving up are set by FBS, so look up the current requirements inside your FBS Trader account before you plan around a specific level.

It is also worth separating the headline rate from what you will actually receive. The 20% figure applies at the top level, and the level you hold determines the share you get on each trade. Lower levels pay less, so do not assume every trade earns the maximum.

Three steps to start earning cashback

1. Install the FBS Trader app
2. Activate Cashback in your account
3. Trade as usual and collect cashback on each eligible transaction

Most of the setup is finished in a few minutes. The harder part is making sure the trades you place actually qualify, which is why the checklist further down this page matters.

What the cashback could buy: an Apple stock example

Do you want to buy Apple stocks for free? The idea is easier to picture with an example. Take EURCAD, and assume you hold the 20% level. In that case, the cashback you earn over a month could be enough to buy Apple securities.

This is an illustration, not a promise. The amount you earn depends on your trade size, how often you trade, the spread on each instrument, and the level you hold. Work out the numbers with your own volume before you count on a result. $100 Forex No Deposit Bonus

How to check the offer before you trade

Reading the terms before you start can save you from disappointment later. Cashback is a reward for activity, so the details of eligibility and crediting matter as much as the headline rate. Use the list below as a quick check inside your FBS Trader account.

• Confirm that your account is an FBS Trader account, since the program is limited to those users.
• Check which instruments qualify for each level, because the spread you pay differs between symbols.
• Note the crediting schedule, including the next-business-day timing described in the program terms.
• Ask how your current level is calculated and when an upgrade takes effect.
• Read any restrictions on combining cashback with other promotions or bonuses.

If you are comparing reward programs across brokers, it helps to look at the whole cost of trading, not only the rebate. Our overview of WOW Trade as a trading platform shows how platform features can affect day-to-day trading. For bonus-focused comparisons, the UTO Capital no deposit bonus guide explains how withdrawal conditions work on a different type of offer.

Common mistakes to avoid

The most frequent mistake is treating the top rate as the guaranteed rate. Many traders see the 20% figure and expect it on every position, then feel misled when their level or instrument does not match. Check your level and the instruments you trade before you plan around the number.

Another mistake is focusing only on cashback while ignoring trading costs. A rebate reduces what you pay, but it does not remove the spread, and overtrading to chase cashback can increase losses. Treat cashback as a small bonus on a sound plan, not as a reason to trade more than you intend.