Avafx is one of the most established and trustable Forex Brokers on the market. Avafx is regulated under the Financial Services Authority. With Avafx you can trade with the Ava autotrader platform. This trading platform is among the most widely used platforms in forex trading. It has several advantages. For example, by using so called automated trading you can trade forex automatically even when you sleep. Forex Megadroid, FAP Turbo and Forex Shocker is among the most popular Expert Advisors that you can use if use Avafx. Avafx makes money on spreads and commissions. When your turnover is very large, your broker make a lot of money from your trading. Is there a way to get a discount or cashback on all this money your broker is making from your trading?
Yes there is! Take a look at the following calculation example:
Assume that you open an account with , which offers 0.6 pip discount per roundtrip lot traded. One pip equals about $10 on average if you trade EURUSD, EURCHF and EURGBP. Lets say that you deposit $5000 on the account. Our estimate is that you will turn over about 20 Lots per $1000 per month on your account when using FAPTurbo and Megadroid. Assume that your turnover is 100 lots per month on your $5000 account.
Your monthly cash rebate during the first month would then be:
0.2 x 10 x 100 = USD 200
Your annual ROI would then be (200x12/5000) about 50% per year, only from the cash rebates.
This is a very conservative figure since it does not take any compounding at all into regard and assumes zero growth from expert advisors. Assuming a monthly growth rate of 20% you could make $6000 per year from this program only. The good thing with this program is that you make money bas on your volume, not only on your win rate.
It is 100% free to sign up and your spreads or commission remains the same after joining this program so there is really no reason why not to join. It is simply just money waiting to be collected by you!
Avafx is not the only broker that is connected to Cashback Forex. You can also claim a cashback from the following brokers: Alpari UK, Avafx, Dukascopy, Etoro, FXCBS, FXCM, FXDD, Fxopen, Fx Pro, GallantFX, Go Markets, Liteforex, Marketiva, Tadawul FX, X Forex
If you are a forex trader, sign up for this program today and start to take advantage of the cashback system and get some money back from the brokers.