On-line since: About the company: 200ForexCashBack returns deposits to traders in the form of cashback. About company 200ForexCashBack cooperates with ETX Capital, a brokerage company. Cashback is received by those traders who have opened an account with ETX Capital, deposited at least $200, and conduct trading with 5 standard lots. Previously, 200ForexCashBack operated under the trade name ThreeTrades and offered online trading services. Below are some examples of the company's payments. Example 1 A trader deposits $200, trades 5 lots, and loses his/her deposit. In this case, 200ForexCashBack will pay out $200. Example 2 A trader deposits $500, receives a bonus of $75 from ETX Capital, trades 5 lots, and makes $300. The amount in the trading account will be equal to $875, while 200ForexCashBack will transfer $200 to the trader's account. Support service In order to ask questions, 200ForexCashBack offers traders to contact its specialists via e-mail: 200forexcashback@gmail.com. However, in today's world, a greater number of communication options is required. The broker does not provide clients with online chat, which is widely used by many companies. Payment methods The broker allows traders to deposit their accounts and withdraw money through Skrill, PayPal, or a bank account. Feedback from tradersSome clients complain that they have not been able to receive payments. However, there are also positive reviews on payments made without delay. In general, there is little information about the broker. In order to make sure whether this company is good for you, we call your attention to the overview of the ETX Capital broker, a partner of 200ForexCashBack. Advantages:
Disadvantages:
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200ForexCashBack is a ordinary broker. Their platform is not bad but deposits and withdrawals are very slow. They take 12/15 days to process deposits and two to three weeks for withdrawal They still need to improve on their corporate image (ie. website) though, and they should not outsource their 24hr customer service with.
I am a client of for over 1 year and I am very pleased with their services. I opened a live micro account after one friend recommended and my first deposit was $350. For deposit I used PayPal. I applied also for 50% welcome bonus and was credited in my account in the same day. The platform MT4 is working with fast execution of trades, real prices and no manipulation during volatility times. I trade major pairs EUR/USD,USD/JPY. During the first 5 months I didn't had an EA and my profit was $1200 now with the help of one bot I make $1500 monthly. The support team is friendly. The process of withdraw it takes up to 2 working days and it doesn't have hidden commissions.
Actually, I've found a fake price candle on the 200ForexCashBack chart, which is awful for a scalper like me. As my order executions always delay and got huge slippage. Also, this broker increased their spread. So I was getting losses of $270. Now, I have faced a payment issue with them, as they cancelled my two withdrawal requests through the Skrill account. So I am shocked with the 200ForexCashBack platform.
They have good platform for trading and I earned profit many times. I have been trading with this broker for a year. I love my overall trading experience at 200 Forex. Trading is good, orders are executed without delay. The company always withdrawal of funds within 1 or 2 days. Great company, recommend to everyone. I really appreciate acts of the customer service team. Finally, I highly recommend this broker to everyone.
The idea of a cashback is really brilliant. 200ForexCashBack is very efficient in doing this. I have been with them for two years now and not only am I profiting through my trading activities, I am also getting additional capital because of the cashback.
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