How does cashback work, and where do I find it?

Every trade you open has a cost: the spread and the commission. Cashback means part of that cost returns to you, under the programme’s agreement.

The simple mechanism

1. You open your trading account through PAMM Iran’s introduction.
2. You trade exactly as you normally would.
3. Part of the transaction cost is returned to you per the programme’s terms.

What matters

• The amount and timing of returns follow that programme’s terms; read before you start.
• Cashback does not make an aimless strategy profitable; it only lowers part of the cost.

The cashback programme and the cashback guide.

Frequently asked questions

Where does the cashback come from? From the commission the broker earns on trades, a share of which returns to you under the introduction agreement. No mystery — simple arithmetic.

Do I get cashback on a managed account? If the account was opened through the introduction, it follows that programme’s terms; read the details.

When are payments made? Payment timing is published in the programme’s terms; usually periodic, not instant.

Does cashback apply to all trades? To the trades the programme’s terms specify; the eligible instruments, spreads or commissions are defined in the programme text. Before computing your expectations, read the eligible list and calculation method from that text so the final number is transparent to you.

Next step

Exact terms and sign-up: the cashback programme; for how it differs from the IB programme, read the next article in this category.

The three cashback steps

• Open the account through the platform’s introduction
• Trade exactly as you always do
• A share returns per the programme’s terms
• Amounts and timing are in the programme’s terms
• Cashback does not make a bad strategy profitable

Terms and sign-up: See it.