I’m trying to get a clear picture of what FBS actually costs me after rebates. I know the spreads are advertised as tight, but I want to know what I’m really paying per trade when everything is factored in.
From what I’ve read, GlobeGain rebates can offset a chunk of your trading costs. But I need to understand the math. Is it better to trade on FBS with rebates or find a broker with lower spreads to begin with? Or does it depend on how much I’m trading?
I’ve found some pricing comparisons online but they all seem to ignore rebates, which obviously skews the results. What I need is actual traders who have tracked their real costs across brokers and seen how much GlobeGain rebates actually change the equation.
How do you calculate your true trading cost? Do you just add up spreads and commissions, or are there other hidden costs I should be watching for? And for those of you using FBS with GlobeGain, have rebates actually made a noticeable difference in your bottom line?
Calculate true cost this way: (spread in pips + commission) minus rebate in pips equals your real cost per lot.
FBS typically offers 0.9 to 1.2 pip spreads on major pairs. GlobeGain rebates usually run 0.5 to 0.7 pips back depending on your volume. So your real cost might be 0.4 to 0.6 pips per lot.
Compare that to a broker charging 1.5 pip spreads with no rebate. On paper it looks similar, but over 100 trades a month, the FBS plus rebate setup saves you real money.
The catch: only matters if execution quality is the same. A broker that slips you 1 pip on entry wipes out the rebate savings. Track your actual fills, not the quoted prices. That’s the real number that counts.
I switched to FBS with GlobeGain rebates about eight months ago. Tracking it properly is important because the savings add up quietly.
Let me break it down. On a standard lot, FBS spreads run about 1.1 pips average on EUR/USD. GlobeGain gives me back about 0.6 pips. So my true cost is 0.5 pips per lot.
Before that I was using a different broker with 1.8 pip spreads and no rebate system. If I’m scalping or day trading and placing 50 to 100 trades a month, that spread difference compounds hard. Over a year that’s real money.
But here’s the important part: the rebates only matter if the broker itself is solid. Cheap spreads with slippage and slow execution cost way more than any rebate saves. FBS executes clean for me, so the math works out.
Real cost equals spread plus commission minus rebate.
I use a simple spreadsheet to track this. Every time I close a trade, I note the spread I actually paid and what GlobeGain credits back.
For my style of trading, the rebates have dropped my effective spread from about 1.2 pips down to 0.6 pips on average. That’s not tiny, especially if you’re trading regularly.
The thing is, rebates only help if you’re actually closing trades frequently. If you hold positions for days, you won’t generate as many rebates and the benefit gets smaller.
But yeah, when you add it all up, FBS plus GlobeGain rebates has genuinely reduced what I pay per trade compared to my old setup.
Rebates only help if execution is solid.