🔍 What is Self Rebate?
In the forex world, a rebate is the commission paid by brokers to an Introducing Broker (IB) whenever a referred client places a trade.
Recently, however, many traders in Malaysia are demanding self rebates, in other words, they want the rebate for themselves, even though they’re trading under an IB’s link.
The logic sounds simple:
“I’m the one trading, so I should get the rebate.”
But the issue goes much deeper than that.
⚠️ Why Has Self Rebate Become a Hot Topic?
Rebates were originally designed as a reward for IBs who:
Brought in new clients Provided coaching and education Offered signals, analysis, and consistent support
Now the situation has changed:
✅ Clients demand the rebate back while still receiving full support
✅ IBs are forced to give in due to competition
✅ Brokers fail to implement clear policies or role separation
In the end, genuine, hardworking IBs lose out — still providing value while having to surrender commissions.
📉 Negative Impact on the Industry
1. The IB Role Gets Undermined
If every client wants a rebate back, the IB becomes just a middleman with no incentive to serve.
2. Service Quality Drops
IBs lose motivation to support clients when they feel undervalued. No reward, no reason to go the extra mile.
3. The Industry Becomes Unhealthy
Everyone starts chasing rebates instead of knowledge. Clients stop growing, and trading becomes purely transactional.
💬 My Honest View as a Fund Manager
I’m not against self rebates — but they need context.
If you’re a trader who:
✅ Does not need coaching
✅ Trades independently
✅ Doesn’t rely on signals, tools, or mentorship
👉 Then yes, self rebate is fair.
But if you’re:
❌ Still using signals
❌ Still asking your IB for help
❌ Still depending on tools and support…
👉 Then claiming back the rebate is unfair and unsustainable. It turns your IB into a servant, not a partner.
✅ What’s the Right Way Forward?
1. Brokers Must Offer Clear Options
• Self rebate accounts (no service)
• IB-assisted accounts (with guidance & support)
2. IBs Must Set Boundaries Clearly
If you want the service, you’re not entitled to the rebate. Set this from day one.
3. Clients Must Respect the IB Role
IBs are educators, mentors, and support systems — not just referral links. Treat them with fairness.
📚 References & Observations
Community feedback from Malaysian forex groups on Telegram & WhatsApp Discussions with active IBs across multiple brokers Rebate systems studied from platforms like FBS, XM, and Tickmill
🧠 Final Thoughts
Self rebate isn’t the enemy, the misuse of it is.
Forex trading is about long-term growth and strong networks. If you’re a trader, value those who help you grow. If you’re an IB, set your value and don’t compromise your integrity.
Let’s build a healthy, respectful ecosystem, one where rebates and relationships coexist for mutual success.
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