On-line since: About the company: CashBackForex USA is a representative broker of major dealing centers. When you open a brokerage account through CashBackForex USA, the broker pays the company part of the spread or commission profits for every trade you make as compensation for referring a customer. Then CashBackForex USA refunds part of clients’ profits for every trade to the traders. Spreads and trading conditions remain the same as if you opened an account directly with the broker. The only difference is trading through CashBackForex USA is more profitable than opening an account with the broker directly. CashBackForex cooperates with 38 brokers, none of which accepts residents of the USA. CashBackForex USA is owned and operated by Excel Markets Inc. CashBackForex USA is regulated by the NFA. You can file a complaint directly, if necessary. How does CashBackForex work? 1. Register a free account on the website. 2. Choose a broker and click the link or icon, then follow the instructions on the next page. You will receive a confirmation e-mail when your account is verified. 3. Choose payment method. 4. Start trading. The earnings depend on three things: traded pairs, volume of trade, and rebate rate for the broker's product. The website has a calendar with which you can calculate your profit for the month and year. Referral program Many of CashBackForex clients have built large residual income streams by referring traders to the company. To become a member of the referral program you need to refer traders to the website using your unique affiliate link. When a trader you refer earns cashback, you earn 15% of the amount they receive. If they refer friends who then also refer friends, you get paid on all those people's commissions as well. Once you are logged in, just look in the 'My Profile' tab for your affiliate link. Support service If you have any difficulties in working, you can contact the support service via phone, skype, e-mail and using the feedback form. It works around the clock, and experts advise traders in different languages. Payment methods Various payment methods are available, including bank transfers and electronic wallets, such as Skrill, Neteller, UnionPay, Fasapay, and PayPal. Pros:
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I have bad luck with this broker. My trade not so smooth because my order didn't execute on time. The platform is not stable, it keeps freezing for a while, and I got slippage. It happens several time.
CashBackForex USA broker has fixed spread and perfect execution on the MT4 platform, So I've had tremendous success in scalping at the market. I can manage my investment to reach $1K as I can see their platform works so well. I have several withdrawals through the Skrill account. So I am delighted with CashBackForex USA so far.
I can't deal with CashBackForex broker. Because I have found many lucking on their MetaTrader4 platform. As my orders didn't execute on time and the platform could be freezing 10 sec to 2 minutes, I got slippage, even my pending orders didn't execute too. I have noticed that they have an offshore payment gateway. So CashBackForex isn't suitable for me in the market.
I am never left behind in the current market news because this broker is always updated with them. I can easily access analytics and news through the platform. The company also provides tools that are helpful for the trading activities.
Their trading platform is user-friendly and fast working, especially when executing our orders. It's stable even during market volatility, and I'm so happy with the result of trade with CashBackForex USA. Every trade gives me a profit. I'm using their MT4 platform, and it's working perfectly without obstacles. I'm trading in EUR/USD and USD/CHF currencies, and I could get more than $300 in every trading. The withdrawal is fast and easy with bank transfer, and it only takes 6 hours after we send the withdrawal request. I'm pleased to trade with CashBackForex USA.
I have dealt with CashBackForex USA for nearly four months. At the beginning, everything smells fine they allow to withdraw money within same day but in recent times they are trying to cheating with me. On 23 December I submitted a $470 withdrawal request they did not approve it yet. When I emailed their customer service, every time they reply me that they will processed it within tomorrow. I think they are trying to misleading me.
Doing business with CashBackForex is efficient. They are cooperating with different brokers which are all trustworthy. So far, I have been trading for more than half a year now and I can say that I am impressed with the services that this company offers.
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