I’ve been looking at FBS for a while now and keep seeing people mention the spreads are decent, but I’m trying to figure out if the GlobeGain rebates actually make a difference in what I’m really paying per trade.
Like, if I’m trading EUR/USD and the spread is 1.2 pips, that’s already a chunk out of my account on every position. Then there’s the swap if I hold overnight. I read that GlobeGain rebates can vary depending on your volume and account type, but I want to actually calculate whether it’s worth it.
Has anyone here done the math on their actual cost breakdown with FBS plus rebates? I’m not looking for marketing numbers - I want to know what people are actually paying after everything is factored in. Does the rebate really bring the effective cost down to a point where it matters for your profitability?
The math matters more than the rebate alone.
With FBS, calculate your true cost per lot this way: take the spread (1.2 pips on EUR/USD), add any commissions if applicable, then subtract the rebate GlobeGain gives you. For most retail accounts, you’re looking at around 0.8 to 1.0 pip true cost after rebates.
That’s competitive, but execution quality beats rebate size every time. I’ve seen traders with 0.5 pip spreads but poor execution lose more money to slippage than they save on tighter spreads. Trade a small position with FBS first, check if their execution feels clean during your trading hours, then decide if the rebate makes it worth staying long term.
I’ve been tracking this for about 6 months with FBS through GlobeGain. The rebates help, but they’re not a game changer by themselves.
What I found is that the rebate works best if you’re already comfortable with FBS’s spreads and execution. For range trading or swing positions, the rebate probably saves me 10 to 15 dollars per week. For scalping, it’s more noticeable because you’re in and out fast and the rebate stacks up.
But here’s the thing: pick the broker for the platform and execution first. The rebate is just efficiency on top of that. If FBS’s platform doesn’t feel right to you, no rebate is worth the friction.
Rebates help but don’t fix bad execution.
I calculate my costs by looking at what I’m actually paying per trade over a month. With FBS and the GlobeGain rebates, I noticed the difference most when I was doing multiple trades daily.
If you’re trading a few times a week, the rebate saves you a bit, but it’s not transformative. If you’re more active, it adds up faster. The key is that FBS needs to feel good to trade on in the first place, or the rebate won’t make up for platform issues.
Calculated my costs once. FBS spread plus rebate came out reasonable. Not the cheapest but not expensive.