I’ve been trying to figure out if rebates are actually a meaningful part of the equation when I’m evaluating whether to trade with FBS or stick with another broker. On paper, the advertised spreads look competitive, but when I factor in rebates, the picture changes.
Here’s what I’m trying to understand: how do GlobeGain rebates actually shift the cost comparison between FBS and other brokers? Is it just a small bonus that feels nice but doesn’t matter, or does it genuinely change which broker is actually cheaper once you do the math?
I trade actively most days, so if rebates can reduce my costs by even a small percentage, that compounds over time. But I don’t want to chase rebates at the expense of execution quality or platform reliability.
How do you all actually calculate your real trading costs including rebates? What’s the formula you use to compare brokers fairly?
Spread plus commission minus rebate equals real cost.
This is where most traders mess up their broker comparison. Let me break it down:
Your actual cost per lot isn’t just the spread. It’s: (spread in pips + commission) - rebate in pips = real cost.
Example: FBS offers 1.2 pip spread on EUR/USD with 0.3 pip GlobeGain rebate. Real cost: 0.9 pips per trade.
Compare that to IC Markets at 0.8 pips with no rebate. IC Markets is still cheaper. But if you’re comparing FBS at 1.5 pips to another broker at 2.0 pips with no rebate, suddenly rebates make FBS genuinely better.
For active traders doing 50+ trades monthly, rebates reduce annual costs by 15-25%. That’s real money. But execution quality matters more—slippage will always cost you more than any spread difference.
I started tracking my actual costs a few months ago and it opened my eyes. The rebates seemed small at first—maybe 50-70 dollars per month—but over a year that’s almost a thousand dollars back.
What changed my perspective is realizing rebates are basically a refund on part of what I’m paying anyway. It’s like getting cashback—it doesn’t make a bad broker good, but it makes a decent broker noticeably cheaper.
Rebates help reduce costs. Calculate them into your total expenses.
I track this religiously because I trade frequently. Here’s what I’ve learned:
Rebates matter most for active traders. If you do 10 trades per month, rebates might save you 20-30 dollars. If you do 200 trades per month, that’s 200-300 dollars. Suddenly rebates aren’t bonus money—they’re part of your operational cost structure.
FBS spreads are reasonable, but the real win is combining decent spreads with consistent rebates through GlobeGain. Over six months, I’ve gotten back about 15% of my total trading costs. That’s meaningful.
Just don’t let rebates be the only factor. Execution quality and withdrawal reliability matter more than an extra 0.1 pips in rebate.
Active traders see rebates more. Passive traders ignore them.
Set up a simple spreadsheet if you’re doing more than 50 trades per month. Track your actual spread paid, your rebate received, and calculate your real per-lot cost quarterly. This removes guesswork and shows you exactly whether a broker is actually cheaper.
Most traders don’t do this math, which is why they stay overcharged. Brokers count on it.
One thing I wasn’t doing at first was actually claiming my rebates properly through GlobeGain. I assumed it was automatic, but you actually have to set it up correctly or you lose money.
Once I got that configured right, the rebates started adding up. Definitely worth spending ten minutes to set up properly.
Here’s the reality: for most traders, rebates shift the equation by 10-20% depending on your trading frequency. That’s not irrelevant, but it’s also not the deciding factor.
I chose FBS partly for rebates, sure. But mainly because execution fit my style and their platform was reliable. The rebates are just the cherry on top that makes it financially tighter than other options.
Don’t pick a broker purely for rebates. Pick them for execution and reliability, then let rebates make it even better.