- Rebates available on 50+ trusted brokers
- Fast and reliable payments (weekly schedule)
- Low $5 minimum payout threshold
- Multiple payment options including crypto
- Free to join and easy setup process
- Outdated website design may turn off some users
- Not all brokers are supported
- No proprietary tracking app
- Some broker setups require new account creation
- Limited educational resources
What is PipRebates and Why It Deserves Your Attention
PipRebates is a long-standing player in the world of forex cashback services. Since 2006, it has been quietly helping traders recover part of their trading costs by offering rebates on each trade — whether it wins or loses. This isn’t a flashy platform; it’s built for efficiency, reliability, and trust. With over a decade of history and partnerships with 50+ forex brokers, PipRebates has built a strong reputation among traders who know the value of reduced trading costs.
At its core, PipRebates works as a bridge between you and your broker. Instead of paying the full spread or commission, you get part of it back, deposited directly into your account or via services like PayPal, Skrill, crypto, or bank wire. It’s a subtle but powerful edge for traders, especially those running tight strategies where even 0.1 pips can impact profitability. The platform supports both MetaTrader brokers and non-MT4/MT5 firms, and it doesn’t charge users to join — which already gives it an edge over some rivals.
A Quick and Smooth Signup Process
Getting started with PipRebates is surprisingly straightforward. You register an account, select your broker from the list, and either open a new account via their link or connect an existing one. Once that’s set up, rebates start accumulating automatically. There’s no confusing dashboard or convoluted setup process — just a clean interface and consistent rebate tracking.
If you’re already trading and your broker is listed on their site, transitioning is almost seamless. This accessibility is a big plus for both beginners and pros. It’s also worth noting that PipRebates lets you track rebates with real-time reporting, so you’re never left guessing about what you’ve earned. For traders who’ve been burned by platforms with delayed or missing payments, this kind of transparency is a breath of fresh air.
Deep Broker Coverage and Rebates That Add Up
PipRebates supports a wide range of popular forex brokers including IC Markets, Pepperstone, FXTM, Axiory, FP Markets, and many more. This variety means that most traders won’t need to switch brokers to take advantage of cashback. And the actual rebate amounts? They can range from $1 to $15 per lot traded depending on the broker, account type, and trading volume. These figures are competitive and often higher than what you’d find on lesser-known cashback portals.
One great thing is how PipRebates tailors rebate types — some are per lot traded, some are per round turn, and others are per side. That level of detail shows the team behind the platform actually understands how trading works and isn’t just running a generic affiliate site. If you’re serious about cutting trading costs, this matters.
You can check out some of the top forex brokers we’ve reviewed here and compare their spreads and rebate offers side by side with PipRebates’ deals.
Payment Methods Built Around the Trader
When it comes to payouts, PipRebates really shines. They support a wide variety of methods — from the usual suspects like PayPal, Skrill, Neteller, and bank wire, to crypto options like Bitcoin and USDT. You can request your funds once your balance reaches just $5, which is one of the lowest thresholds in the space. No waiting for a $100 minimum — it’s flexible, trader-first design.
The payout schedule is also reliable, usually processing weekly. You can even set it up to receive automatic payouts, removing one more task from your to-do list. It’s little things like this that give PipRebates an edge over some newer platforms that haven’t quite nailed the operational side of things yet.
Real Trader Testimonials and Solid Reputation
What’s reassuring about PipRebates is the long history of consistent, positive reviews. While many rebate sites have come and gone — or were scams from the start — this platform has been operating for nearly two decades. That kind of longevity is rare in forex, especially in services that revolve around trust and money transfers.
Many traders on forums like Forex Factory and Trustpilot mention prompt customer support, fast payments, and transparency. When you’re dealing with real money on a regular basis, trustworthiness counts for a lot more than slick branding. PipRebates may not have the most modern website, but the backend performance and support have stood the test of time.
For a detailed breakdown of broker analytics and past trading performance, you can also explore tools like Edgewonk — and use it alongside PipRebates to get the full benefit of both cashback and deeper insights into your trading.
Who Should Use PipRebates?
PipRebates is a perfect fit for scalpers, day traders, and high-volume swing traders who want to reduce spread costs without switching brokers. If you’re trading dozens or hundreds of lots each month, even a small rebate per trade adds up fast. Over time, this can be the difference between a breakeven month and a profitable one.
But even low-volume traders can benefit. Since there’s no fee to join and no commitment, it makes sense to activate a rebate account regardless of how much you trade. Whether you’re a weekend warrior or full-time pro, reducing costs is always a smart play.
Final Thoughts: Quietly Effective and Trader-Friendly
PipRebates doesn’t try to wow you with aggressive marketing or loud design. Instead, it focuses on what matters most: consistent rebates, reliable payments, and an easy user experience. It’s one of those platforms that becomes part of your trading routine without making a fuss. Once it’s set up, it just works.
For traders who want less fluff and more money back in their pocket, this is a tool worth keeping on your radar. It’s rare to find a cashback service that balances simplicity, depth, and long-term reliability as well as PipRebates does.
FAQ
What is PipRebates and how does it work?
PipRebates is a forex cashback and rebate service that partners with brokers to return a portion of the spread or commission to traders. When you trade through a broker linked via PipRebates, you receive cash rebates on every trade, win or lose.
Is PipRebates free to use?
Yes, PipRebates is 100% free to join and use. There are no hidden fees or charges. Traders simply register, link their broker account, and start earning rebates on every trade.
Which brokers are supported by PipRebates?
PipRebates supports over 50 forex brokers, including popular names like IC Markets, FXTM, Axiory, and FP Markets. You can check their website for the full broker list and the exact rebate amount for each.
How much can I earn in rebates?
Rebates vary depending on the broker and account type. Traders can earn anywhere from $1 to $15 per round-turn lot traded. These cashback amounts are competitive and can significantly reduce trading costs over time.
When and how do I get paid?
Rebates are paid weekly and can be withdrawn via PayPal, Skrill, Neteller, crypto (Bitcoin, USDT), and bank wire. The minimum payout threshold is just $5, making it accessible even for low-volume traders.
Can I use PipRebates with an existing broker account?
Yes, in many cases you can connect your existing trading account. If not, PipRebates will guide you through opening a new account under their rebate structure. The process is simple and usually takes just a few minutes.
Is PipRebates reliable and safe?
PipRebates has been operating since 2006 with a strong track record of on-time payments and positive reviews. Traders on forums like Forex Factory and Trustpilot frequently praise the platform’s transparency and support.
Does PipRebates support automated or high-frequency trading?
Yes, as long as the broker allows it. PipRebates works on a per-lot basis, so high-frequency and algorithmic traders often benefit the most from rebate accumulation.
What happens if I change brokers or accounts?
If you switch brokers or open a new account, you can simply update your PipRebates dashboard to reflect the change. Just make sure to follow their instructions to ensure your new account remains eligible for rebates.