Lets start with the obvious – ensure you do proper research into your trade, practice using a demo account, ensure correct risk management (stop losses) and as importantly, ensure that you are trading with a reputable broker who wil treat you with the respect you deserve and wont fool around with you when it comes to execution or even worse, withdrawals!
These are well known. However I wanted to introduce a relatively new concept to this business - the world of CFD and Forex rebates.
As an industry this is still in its infancy, but its growing all the time. There are a few companies out there that provide a pip rebate services. By this I mean that if you register with them, then open an account with one of their chosen brokers, they will pay you a trade by trade cash, or “pip” rebate on every trade you make. These payments are made to you on a monthly or quarterly basis.


