FAQs

A “pip” is the smallest increment, or movement in any currency pair.
In USD/JPY, a pip = 0.01, or a movement, for, example from 102.55 to 102.56
In GBP/USD, a pip = 0.0001, or a movement, for example from 1.6755 to 1.6756

A rebate is the term used for any payment back to a referrer, such as PipthePip.com. This is what we receive from our partner brokers, and it is this rebate that we pass on to you on a monthly basis.

A Round Turn is one completed trade, a buy and sell, enter and exit, or the opening and closing of any position.

Yes. You receive a rebate for every trade you make, win or lose. You receive a rebate as we pass on the payment received from your broker for introducing you via our scheme.

Yes! It makes no difference whether you win or lose. Every trade earns you a rebate

Generally you can’t earn from signing directly up with your preferred broker, because when you go directly, you are treated as an individual retail client, and you are charged that rate. Brokers only provide rebates to referrers such as PipthePip.com. The difference is that we pass this back to you in the form of monthly payments.

Get Started In 4 Easy Steps

1. Register with PipthePip. Receive a unique User ID.

2. Either set up a new trading account or provide us with your existing account details

3. Activate your account with us

4. Trade and start earning rebates!

When we establish a relationship with a broker, they agree with us that they will not increase your spreads or costs because you have opened with us. They know if they did, you would simply sign up with one of their many competitors with whom we also have relationships.

In fact, because of our strength we often are able to negotiate tighter rates with your chosen provider

We repeat – You will receive exactly the same spreads, pricing, execution, and service from your provider that you are currently used to. The only difference is you get paid to trade!

As in many businesses, it is standard practice to charge retail clients or customers one rate, but provide a wholesale or referral rate to those introducers and distribution networks that deserve it. This is no different in the financial markets. The only difference is instead of keeping that fee, we pass it back you to. They pay us to introduce business to them. We pass that saving onto you.

PipthePip sign new deals every week with brokers. Let us know which broker you wish to receive a rebate from and if we are not already in discussion with that firm we will use our distribution channels to target and strike a deal with them.

Not always Again, there is no difference to your existing service or set up. We cannot for legal reasons receive any notification on your account balance or trading history unless you decide to provide that to us. Your account is password protected and only you can get access. We merely obtain an income for referring you to your brokers and pass that savings back to you.

Yes. Our unique relationship and size allows us to receive rebates even if you currently have an account. All you need to do is register through us and we will sort out the rest. There will be no downtime, or disruption in your trading.

Nothing. Our service is FREE. You earn money from continuing trading as you are. No strings attached.

As you will be aware though, brokers stipulate their own minimum account opening sizes, and just like as if you opened directly with them, you will still need to meet these requirements.

Yes of course. Again, there is no difference to the normal way you would consider and review a broker. In fact, we can help you make this process easier, and of course, you can open your demo directly through our site.

You deserve a rebate. It doesn’t matter if you win or lose, are an active or infrequent trader, you are eligible for a rebate if you open through us. Consider this as an additional profit, or “cushion” in your trading. You will be surprised at how quickly your income will build. An active trader would on average receive an additional 5% of equity on account every month. That’s an extra 5% profit for no extra effort!

Each broker has a different set of specifications and so you must look carefully at the details provided on the broker page here.

However, in most cases each product is treated the same. You get a pip rebate on all.

Every client, no matter how big or small, will receive rebates.

We make all rebates once a month on the last working day of each month for the previous months trading. This is to give your broker time to provide us with the necessary accounting and payments, and for us to administer that payment to you.

The easiest payment process is via paypal, although we also provide wire and bank transfers.

We stipulate a minimum of $10 per paypal and $100 per wire transfer. Any less than this, and administration charges outweigh the benefit of the transfer. Monies will be rolled forward to the next month.

We are not allowed any access to you account, for security reasons. However some brokers will themselves rebate direct into your account. Please check your individual broker for details on this via our broker review page.