Rebate broker Insta

To Damas Suhendra,

Yes. For more details, please search on sputarforex for articles discussing rebates.

Hopefully this can help.

Yes, I've read that, Sir, but most of them require registering with IB first, right? I'm traumatized by IBs because there are dishonest ones, I once didn't receive a rebate even though there was no notification, and their commission from the broker kept running.

For Damas Suhendra,

Yes, indeed some brokers require joining a specific IB. As for the rebate distribution, it is usually automatically provided by the system (this is to avoid fraud as you mentioned above). The system will automatically pay your rebate according to the number of lots you have traded in the previous period (of course with certain requirements that you must also meet).

Even if the rebate distribution is still manual (that is, the rebate is given directly by the relevant IB), then the rebate must have been received by you at the agreed time. Regarding the amount of the rebate and all the terms and conditions, this will certainly depend on the policies of the relevant IB. If there are indeed issues with the rebate not being paid, even though you feel you have met all the requirements to receive the rebate, then you can immediately contact and report it to the customer service of the relevant broker.

I hope this helps.