Brokers offer rebates as a way to attract and retain traders by giving back a small portion of the spreads or commissions generated from trading.
Rebates incentivise higher trading volumes, benefiting brokers in the long run.
While rebates can be a legitimate perk, be cautious if a broker uses rebates as a major selling point, especially if the trading conditions, like spreads or execution quality, are subpar.
Always ensure the broker is reputable, regulated, and prioritises fair trading conditions over gimmicks.
