Cash rebates have changed that, leveling the playing field and allowing traders to choose from a larger assortment of brokers while maintaining low costs
Gainesville, FL (PRWEB) October 15, 2008
Investors and foreign exchange traders have started to recoup a portion of their spreads and similar transaction costs through the use of cash incentive programs. Prior to the proliferation of such programs, a trader seeking razor thin spreads had few discount brokers to rely on among hundreds of firms that service the industry.
"Cash rebates have changed that, leveling the playing field and allowing traders to choose from a larger assortment of brokers while maintaining low costs" says David Johnson, Chief Market Strategist at Project Triumph, LLC.
As a new participant in the foreign exchange or "forex" rebate industry, the website http://www.cashbackforex.com has been embraced by traders eager to reduce their costs. As a contracted referrer for 14 quality brokerage firms and counting, the company has seriously altered the landscape of the forex rebate industry. The site is run by an innovative foreign exchange outfit named Project Triumph, LLC, who gives traders back at least 60% of commissions earned through their broker marketing and referral activities every month. The firm states that it does not work with brokers that attempt to raise costs in order to deliver cash incentives, and maintains a competitive advantage through their dedication to offering the highest rebates in the industry.
In addition to the incentive programs, http://www.cashbackforex.com offers an attractive affiliate program that allows traders to instantly obtain a tracking link and refer their friends or associates. Affiliates are remunerated on a recurring monthly basis for all commissions generated by their referrals.
About Project Triumph, LLC:
Project Triumph, LLC operates several websites within the foreign exchange industry, and is the creator of a leading online forex trading community that brings free content and resources to speculators across the globe.