Generative Data Intelligence

STIC Cashback! How to get Forex/CFD Cashback smartly?

Date:

Node: 4451893

In Japan, 2024 was a year in which many people were interested in “investment,” with the launch of the new NISA. In a world situation that changes day by day, this is also an era in which the importance of thinking about and practicing asset formation from an early stage in life is being called for.

In the midst of all this, many people have become interested in investing and have begun to try it. There are many different methods and types of investment, but one that is attracting attention is the field known as “FX.” FX, which means “foreign exchange trading” or “foreign exchange margin trading” in Japanese, may seem difficult for beginners, but recently, an increasing number of overseas FX companies are offering demos and learning opportunities for beginners. In addition, there are many great benefits to using FX cashback services from sites such as STIC Cashback , which we will introduce below, such as expanding the possibilities for making profits.

What is cashback in FX?

In the first place, cashback refers to a system that gives you points or cash back at a set rate, such as 2% of the purchase price, when you shop at an online store.

Such cashback systems are also available in overseas FX, where you can receive money according to your trading volume when you open an account or make a deposit.

There are two types of cashback: direct cashback, which is a bonus given by overseas FX companies, and indirect cashback, which is a bonus given by cashback sites such as STIC Cashback, which specialize in cashback. Cashback sites are also called “IB (Introducing Broker) companies” or “rebate companies” because they act as intermediaries that introduce overseas FX companies.

In overseas FX trading, if an investor opens an overseas FX account through a cashback site, the cashback site through which the investor registered will receive affiliate rewards every time they make a transaction. The mechanism by which overseas FX cashback sites return a portion of this affiliate reward to the customer is what makes them tick.

In addition, the compensation that overseas FX brokers pay to cashback sites is mainly paid from the spreads of investors who register and trade through the cashback site, so for investors, the spread they paid to the FX broker goes around in circles and eventually a portion of it is returned to them.

Benefits of using STIC Cashback

When trading through a cashback site, the more you trade, the more cashback you get, which is a big benefit for traders who trade a lot. Also, the cashback can help you recover the spreads and fees incurred when trading. In other words, even if you cut your losses and incur a loss, you will still receive a cashback for the amount of trading.

Additionally, cashback is automatically deposited according to a schedule set by each merchant, but when you use a cashback site, STIC Cashback, not the merchant, settles the payment, so you can be sure you get paid.

Additionally, by partnering with their chosen broker through STIC Cashback, clients can enjoy low trading fees and cashback rewards as well as exclusive promotions, benefits that cannot be enjoyed by trading directly with a broker.

Number of participating merchants and cashback rates

Currently, with the popularity of FX trading, it is said that the number of cashback service companies available in Japan is increasing, but the content and number of overseas FX brokers handled by each site varies. Basically, unless you use a very niche overseas FX broker, it can be said that any site has a relatively well-known FX broker, but there is still an advantage in that it is easier to find a recommended FX broker than if you were to choose it on your own.

STIC Cashback also partners with over 20 leading global brokers around the world, including Exness, XM, FXGT, Justmarkets, FxPro, AvaTrade and FinPros, to provide traders with a safe, streamlined and reliable cashback service through membership in the STIC Cashback community.

Also, when using a cashback site, you are probably concerned about the cashback rate, but this rate also varies depending on the site. Furthermore, even on the same site, the rate can vary depending on the overseas FX broker, so this may be the most important thing to check when choosing a site.

Safety and reliability

STIC Cashback, which we introduced this time, is a service directly operated by STICPAY, a global payment service with high global credibility, so safety is guaranteed. It is also highly regarded for offering the most competitive CFD cashback benefits in the industry.

Sean Park, CEO of STICPAY, said: “Our CFD Cashback service is a game-changer for clients looking for more value and profit from their everyday trading. By simply partnering with your broker of choice through STIC Cashback, you can reap benefits you would not have access to otherwise through a secure, reliable and reputable platform.”

If you are thinking about getting started in FX trading, using STIC Cashback will make the possibility of earning FX cashback more accessible.