"Rebate" is one of those words that shows up everywhere in trading but is rarely explained well. In essence, a rebate is the return of part of the cost you pay to trade. If you trade often, understanding it can mean recovering hundreds or thousands per year.
Rebate definition
A rebate is a partial refund of the fees or spreads you generate when trading. It's not a welcome bonus or a one-off promo: it's a percentage you recover recurrently as you keep trading.
Where does the rebate money come from?
Exchanges and brokers pay commissions to their partners (affiliates or introducing brokers) for the activity they bring. A rebate service like Omanero receives that commission and returns most of it to you. That's why it costs you nothing: the money comes from what the partner already pays, not from your pocket.
Rebate vs cashback: are they the same?
In practice, yes. "Rebate" is used more in the forex broker world and "cashback" in crypto and banking, but the mechanism is identical: recovering a percentage of what you pay. For the crypto version, read what cashback on fees is.
How is it calculated?
- In forex: usually per lot traded. Each trade generates a commission and the rebate returns a percentage.
- In crypto: on the maker/taker fees you generate when trading.
In both cases, the more you trade, the larger the accumulated rebate.
Why don't more people use it?
Because it's invisible: if nobody tells you, you assume the full fee is unavoidable. But once activated, the rebate works in the background without changing how you trade.
Start receiving rebates on your fees. 15% to 30% depending on the partner.
Examples by platform
See how it works in practice: Exness rebate (forex) or Bybit cashback (crypto).