What is rebate ? Opportunity to get paid for each trade. You will be granted for each round turn.
What are 1.5 pips? Simply up to $15 that you will get instantly after closing trading position.
LiteForex MultiRebate system
To register in the MultiRebate system and be paid back a part of spread from each transaction you need to:
1. Open a trading account with LiteForex group
2. Deposit in your trading account.
3. Make buy- and sell-transactions
1.5 pips from each traded lot will be automatically deposited in your trading account after you close any of your transactions. The rebated funds are at your disposal and you decide by yourself whether to use them in trading or withdraw them from your trading account without any restrictions.
You can calculate the total rebate amount on a concrete transaction with the help of the Pips calculator