Forex broker rebate
Ultima Markets rebates
Get back up to $22.4 per standard lot trading at Ultima Markets. Free and for life — the rate depends on the link you sign up through, and the higher-paying links carry a wider spread.
How do I get the rebate?
What is a Ultima Markets rebate?
Ultima Markets rebate and Ultima Markets cashback are two names for one thing: part of the trading fee you already paid is returned to you. Through Backcom VN the maximum at Ultima Markets is $22.4 per lot.
It is not profit and does not depend on whether you win or lose — it is calculated on traded volume. Nor does it widen your spread or slow your fills: it comes out of the partner commission the broker already pays, not out of your costs.
The general mechanism is explained in what a forex rebate is.
Overview
Ultima Markets is a multi-asset forex & CFD broker offering MT4/MT5 to traders worldwide.
Rating breakdown
- Regulation 4.3
- Spreads & Fees 4.5
- Platforms 4.4
- Withdrawals 4.4
Overall: 4.4 / 5 — scored by Backcom VN.
Regulation
| FCA United Kingdom |
470325
|
| CySEC Cyprus |
426/23
|
| FSCA South Africa | Number not published |
| FSC Mauritius Ultima Markets Ltd — the entity most international clients contract with |
GB 23201593
|
Specification
- Platforms
- MT4 MT5
Strengths and trade-offs
Strengths
- Competitive spreads and low fees
- Supports MetaTrader 4 & 5
- High rebates through Backcom VN
Trade-offs
- Does not support direct crypto trading
- Better suited to experienced traders
Ultima Markets rebate rates
| Product | Account type | Rebate rate | Payment |
|---|---|---|---|
| Gold (XAUUSD) & Forex | No Markup link — regular spread | $6.4 / lot | Daily |
| Gold (XAUUSD) & Forex | Markup 1 link — spread +1 pip | $14.4 / lot | Daily |
| Gold (XAUUSD) & Forex | Markup 2 link — spread +2 pip | $22.4 / lot | Daily |
Rebate levels are published by the broker and can change. The exact figure for your account appears in the dashboard once your account is registered.
Payout terms
- Payment frequency
- Daily
- Payment method
- Backcom VN wallet
Open a Ultima Markets account and start earning
This broker has 3 signup links with different spreads and rebates. A higher rebate comes with a wider spread — pick the one that fits how you trade.
| Link type | Spread | Code | Rebate | Sign up |
|---|---|---|---|---|
| No Markup | Regular | $6.4/lot | Sign up | |
| Markup 1 | +1 pip | $14.4/lot | Sign up | |
| Markup 2 Highest rebate | +2 pips | $22.4/lot | Sign up |
The extra rebate and the extra spread largely cancel out, so the bigger number is not automatically cheaper. Trade often and hold briefly and the low-spread link usually wins; hold longer and it is the other way round.
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Register an Ultima account through a Backcom VN referral link. Ultima offers 3 link types with different spreads: No Markup ($6.4/lot rebate), Markup 1 (+1 pip — $14.4/lot) and Markup 2 (+2 pip — $22.4/lot) — choose the one that suits your strategy.
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Complete KYC (account verification) using 1 of 3 types of document: a citizen identity card, driving licence or passport.
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Fund your account and trade as usual.
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Contact the Backcom VN support team (contact support) to set up automatic rebates.
Note: If registering through a browser, open an Incognito tab to avoid losing referral tracking. Each link above has a different preset markup — choose your link first, as it cannot be changed once the account is open. If entering it manually, use the correct referral code “BX0KiiF3” for your chosen link.
Already have a Ultima Markets account? Link it to earn
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Use the same email address you used to register your Ultima account to request an IB transfer to Backcom (click the button to copy each item):
- Send to
- [email protected]
- Subject
- Please transfer me under IB 22592494
- Message
- Please transfer me under IB 22592494
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After sending the email, send your email address to the Backcom VN support team (contact support) so we can work with the broker to get your IB transfer reviewed and approved as soon as possible.
How the rebate is calculated
Total rebate = lots traded × rebate per lot
At up to $22.4 per lot, trading 10 lots in a month returns $224. At 50 lots that is $1,120 a month, or $13,440 across a year — whether those trades won or lost.
Work it out on your own volume
Common questions
01 How much are Ultima Markets rebates through Backcom VN?
There are three tiers depending on the registration link: the No Markup link pays $6.4/lot, the Markup 1 link pays $14.4/lot and the Markup 2 link pays $22.4/lot. The highest rebate is $22.4/lot.
02 What is markup, and why do rebates differ by as much as three and a half times?
Markup is an addition to the spread: the Markup 1 link adds 1 pip and Markup 2 adds 2 pip to the regular spread. The additional rebate comes directly from the markup you pay, not from any other source.
03 Is choosing Markup 2 to receive $22.4 worthwhile?
Only if the rebate exceeds the markup you pay, which depends on both your trading volume and the products you trade. Before choosing, calculate the spread plus commission minus the rebate for your specific pair and trading hours; the highest rebate does not automatically mean the lowest cost.
04 Does receiving rebates change my trading conditions?
With the No Markup link, no — you keep the regular spread. With the Markup 1 and Markup 2 links, yes: the spread widens by 1 or 2 pip. This differs from most other brokers, so you should understand it before registering.
05 Is Ultima Markets a reputable broker?
Ultima Markets was established in 2016 and lists licences in four jurisdictions. The number of regulators does not determine your level of protection — what matters is the legal entity named in your contract. The Ultima Markets review identifies each entity and explains how to verify the details yourself.
06 Which licence applies to Vietnamese clients?
International clients, including those in Vietnam, are usually served by Ultima Markets Ltd, registered in Mauritius under FSC number GB 23201593. The FCA (470325) and CySEC (426/23) licences serve UK and European clients and do not automatically apply to your account.
07 When will I receive my rebates?
Rebates are paid automatically into your Backcom VN wallet every day.
08 Can I receive rebates if I already have an Ultima Markets account?
Accounts already linked to another referral partner usually cannot be transferred. The usual approach is to open a new account through the correct Backcom VN link; if you want to keep your current account, contact Backcom VN for guidance.