sunpost wrote:
Vahid wrote:
zocco1980 wrote:
Hello Vahid, no I mean rebates on each roundturn. For example, right now I'm getting $0.70 per 10K lot in rebates from cashbackforex.com.
Hello my friend,
No, we have not planned for rebate yet. Honestly we have not thought about it

If you do consider it, plase don't increase your spread or slippage to compensate for the cost of the rebate

Hi Jim,
Oh, so that is how it works!!! We should make more money through the spreads and slippage to pay the rebate. That is not good.
So now I can say with 100% confidence that we will not have any rebate

I want to have a healthy business here. I do not want to do anything possible just to make more money. I want to have happy clients. Even under the best condition, you will have some unhappy clients who will complain. Specially in this business that when someone loses money in trades, he/she may accuse the broker. So it is a risky business by nature. But it becomes a disaster when broker tries to make money through the ways different than the conventional and decent ways that a broker should make money. We will never go for these things.