Definition
A return of part of the spread or commission paid, credited per lot traded to the trader or introducer.
Example
A $2 per-lot rebate on 50 lots a month equals $100.
Related terms
Forex glossary
A return of part of the spread or commission paid, credited per lot traded to the trader or introducer.
A $2 per-lot rebate on 50 lots a month equals $100.