Recently, there are an increasing number of customers who have opened accounts via overseas Forex cash back site. This is something to be happy. By the way, overseas Forex cash back is a service which means that a few percent of your transactions are cashed back to you by opening a new account at the Forex companies (mostly overseas Forex companies) introduced through that site. The site which manages these services is called overseas Forex Cash back site.
The overseas Forex cash back site has an IB contract with each Forex company, (IB contract is like an affiliate contract), who receive compensation based on the contracted percentage according to the frequency of use of customers they acquired. This is a lifetime commission, and it will be a compensation that will last forever as long the acquired customers continue the use. This is called IB reward, a compensation form like a lifetime commission. A reward that will continue to occur forever as long as the customers you acquired continue to use.
There are IBs who earn a lot of reward and received IB rewards about millions of yen to tens of millions of yen per month. We call those people IB millionaires. Since the operator of the overseas Forex cash back site has contract with every Forex company, it is estimated that roughly several million yen to tens of millions of yen of IB reward is taken a month. Overseas Forex cash back site operates the site as a seller that keeps cashing back to that customer a part of the IB reward he gets from the customer’s new account opening via the site.
Thanks to you, we also have the opportunity to open a new account via our overseas Forex cash back site daily. And, we often receive similar questions from those customers. We will post the contents in a Q & A form. Thank you for checking the following contents. Overseas Forex cash back site is good, but we would be pleased if you could consider taking this cash back directly from GEMFOREX this time.
- I opened a new account from oo (cash back site name), but will it become eligible for a new account opening bonus or deposit bonus?
- Please be assured that in GEMFOREX even if you have opened a new account via any referral site, it will be eligible for a new account opening bonus and deposit bonus.
- I opened a new account from oo (name of cash back site), but is it possible to use free EA or Mirror Trade?
- In GEMFOREX even if you have opened a new account via any referral site, you can use all the services provided by our company under the same conditions. Please be assured you can also use free EA and Mirror trade.
- I opened a new account from oo (name of cash back site), but will something like spreads and additions, decline in contract power, changes in swap points happen?
- In GEMFOREX even if you have opened a new account via any referral site, spreads, contract power, swap points etc. that our company determines will not change. Please rest assured.
- I open a new account from oo (name of cash back site) and use your company, but it will not be cashed back. What does it mean?
- We don’t understand what to make out of it. We are very sorry, but please directly inquire to Mr. oo.
We received inquiries like these.
This implies that Forex companies when receiving a new account opening via overseas Forex cash back site, it is necessary to pay the pre-contracted percentage to the overseas Forex cash back site depending on the customer's transaction volume. Since the necessary amount to be paid is a cost for a Forex company. In some cases the following conditions occur.
- New Account Opening Bonus Not Applicable
- Deposit Bonus Not Applicable
- There is addition of Spread
Because the content asked is through a customer, our company does not know the details. However, since you understand beforehand via overseas Forex cash back site when you open a new account there is no problem at all. If even a few percent of the amount you traded is cashed back, it is quite profitable.
But you see.
The reason why the condition of establishing an account directly with a Forex company changes even slightly is because in the long run, it’s loss right?
Isn’t it better to get the cash back by opening a new account directly to an Overseas Forex company rather than via overseas Forex cash back site?
What we call the self-IB.
To say more clearly, self-affiliate.
Comparison of cash back between via overseas Forex cash back site and self IB cash back
How much difference will come out when comparing cash back via overseas Forex cash back site from self IB cash back?
Since there are many foreign Forex cash back sites, the cash back rate differs for each site, so clear comparison cannot be done, The cash back rate of GEMFOREX is here. This will be an IB reward, but the self-IB cash back rate is the same. Please compare once with each overseas Forex cash back site. Isn’t it the direct to GEMFOREX somewhat larger return rate?
Since GEMFOREX allows self IB, if you like our services, we will let your IB link to go via after your IB registration below. Please open a new account using the new account opening bonus.