A: A "pip" is the smallest increment in any currency pair. In EURUSD, a movement from .8941 to .8942 is one pip, so a pip is .0001. In USDJPY, a movement from 130.45 to 130.46 is one pip, so a pip is .01. close

A: Approximate pip values for the major currencies are as follows, per 10,000 units of the base currency:

USD/JPY: 1 pip = $.77; In other words a change from 130.45 to 130.46 is worth about $.77 per $10,000.

EUR/USD: 1 pip = $1.00; .8941 to .8942 is worth $1.00 per 10,000 Euros.

GBP/USD: 1 pip = $1.00; 1.4765 to 1.4766 is worth $1.00 per 10,000 Pounds.

USD/CHF: 1 pip = $.59; 1.6855 to 1.6866 is worth $.59 per $10,000.

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A: This depends on how much you trade and what currency pairs and lot sizes you trade. Use the Cashback Calculator to estimate your cashback. close

A: At this time we offer cashouts via Paypal and Checks. We are looking to offer other cashout options in the future. close

A: No, in order to get cash back through ForexCashBack.com you need to sign up with a new account through one of the brokers we offer cashback through. (Note: we cannot offer you cashback with a FCM that you already have an account with). close

A: Follow the three steps on the front page to sign up for an account. close

A: ForexCashBack.com is 100% free. close

A: Yes, as long as you have never had an account with each broker. close

A: To get $75 Cashback you must first be a registered member of ForexCashBack.com. To refer a friend, go to "My Account" and Click "Refer a Friend". Enter your friends email address to send them an invitation. Once your friend signs up and makes 25 trades on a standard (100k) account through ForexCashBack.com, $75 will be credited to your account. (Note: Referred traders trading on a mini account with 10k lots will take 10x the requisite trades for the bonus to be released) close

A: Yes, as long as they make the requisite number of trades as stated above, you will get $75 cashback for each friend you refer. close