Prop Firm Rebates: Can You Get Cashback on Funded Accounts?
You generally cannot get forex cashback on a prop firm challenge or funded account, because the account belongs to the prop firm and you are not the broker's client, so no IB link exists to attach. CB-Dogs pays cashback only on your own XM or Exness accounts.
By CB-Dogs Editorial5 min read
Disclosure: CB-Dogs receives an advertising (referral) fee — sometimes called an IB commission — from brokers for accounts opened or linked through us, and returns part of it to you as cashback, the same model used by cashback and points sites. This does not change your trading costs.
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Searches like "prop firm rebates", "can you get cashback on prop firm accounts" and "funded account rebate" come from a reasonable idea: if cashback lowers the cost of trading on a normal broker account, why not on a funded account too? The short answer is that the mechanics of a prop firm account usually remove the thing a rebate depends on. This guide explains why, what that means for CB-Dogs, and how to think about cost when you compare a prop firm route with trading your own account.
Key takeaways
- A rebate is a share of the IB commission a broker pays for accounts opened through an introducing link. Without that link and without being the broker's client, there is nothing to share.
- On a challenge or funded account, the trading account is set up and controlled by the prop firm, which chooses its own liquidity provider or broker. You trade on its terms, not as the broker's client.
- CB-Dogs cannot pay cashback on prop firm accounts. It pays 60% of the IB commission actually received, and only for your own accounts at XM (XMTrading) and Exness linked through the site.
- Compare the two routes on total cost: challenge fees and rules on one side, spread, commission and swaps net of cashback on the other. Any numbers in this guide are illustrative.
- Both routes carry a high risk of loss. Cashback lowers costs, it does not create profit.
What a prop firm account actually is
A proprietary trading (prop) firm sells evaluations, often called challenges. If you meet the firm's rules, you may be given access to a funded account and a share of profits under the firm's own agreement. The details differ between firms and change over time, so always read the firm's own terms.
What matters here is who the account belongs to. In the typical model, the trading account is created and managed by the prop firm, on the platform and with the liquidity arrangement the firm has chosen. You log in and place trades, but you did not open an account with a broker as an independent client. The firm decides where orders go, what instruments are offered, and what the costs look like.
Why there is no rebate on prop firm accounts
To see why this matters, recall how a rebate is created. We cover it fully in how forex rebates work, but in outline:
- A broker pays an introducing broker (IB) a commission for clients who open accounts through the IB's referral link. See what is a forex introducing broker.
- The IB passes part of that commission back to the trader as cashback.
Both steps need a broker-client relationship that can be tagged to an IB. On a prop firm account, that relationship usually does not exist for you:
- You are not the broker's client. The prop firm is. Your relationship is with the firm and its rules.
- There is no link to attach. A rebate site cannot place your account under its IB code, because you do not open or control the underlying broker account.
- The costs are set by the firm. Whatever the firm pays its own liquidity provider, and whatever it earns from challenge fees, does not flow to a third-party IB on your behalf.
So when a site claims to offer rebates on prop firm accounts, it is worth asking exactly who pays the money and where it comes from. Read any such claim and its conditions carefully before you pay a challenge fee on the strength of it.
What CB-Dogs can and cannot do
If you trade your own account at a broker, you can link it and earn cashback. The member flow is: register, open an account through the broker page for XM or Exness, submit the account number in your member area, wait for approval, and receive cashback after the broker report is imported. The full walk-through is in how to get forex cashback.
Current rates are shown below. Exness figures are estimates, and actual cashback is the commission actually received multiplied by 60%.
| Account type | Rebate / lot (USDT) |
|---|---|
| StandardSpread-based account, no commission. | 1.8 |
| MicroShown per micro lot (1,000 units), which is 1/100 of a standard lot, so the amount is 1/100 of the Standard amount. | 0.018(1 micro lot = 1,000 units) |
| KiwamiXM's tightened-spread account tier available in select regions. Our rebate for this account type is still being confirmed with XM and will be added here. | Rate to be confirmed |
| ZeroCommission-based account. Rebate is paid in addition to the raw spread, and the commission you pay is unaffected. Our rebate for this account type is still being confirmed with XM and will be added here. | Rate to be confirmed |
Provisional rate
| Account type | Rebate / lot (USDT) |
|---|---|
| StandardNo separate commission — Exness pays partners a share of the spread. The estimate below is for EURUSD at our current partner rank; GBPUSD and gold (XAUUSD) typically pay more per lot, tighter-spread pairs less. Rates rise automatically as our trading volume with Exness grows. | 0.96 |
| ProNo separate commission — Exness pays partners a share of the spread, at a lower percentage than Standard. We don't yet have a reliable per-instrument estimate for this account type, so no figure is shown; your cashback is still 60% of the actual commission Exness pays us. | 0.0 |
| ZeroCommission-based account with near-zero raw spreads. The estimate below is for EURUSD at our current partner rank; other instruments vary. Cashback is paid in addition to the raw spread and does not affect the commission you pay Exness. | 0.25 |
| Raw SpreadCommission-based account with raw interbank spreads. Exness pays partners a fixed amount per lot that varies by instrument; we don't yet have a reliable figure to show, so no estimate is listed — your cashback is still 60% of the actual commission Exness pays us. | 0.0 |
Provisional rate
Prop firm route versus your own account
These are two different products with different costs and different risks. They are not interchangeable, and one is not automatically cheaper.
| Prop firm challenge or funded account | Your own account at a broker | |
|---|---|---|
| Whose capital | Evaluated on the firm's rules; funded capital belongs to the firm | Your own deposit |
| Who the broker's client is | The prop firm | You |
| Upfront cost | Challenge fee, set by the firm | None required beyond your deposit |
| Per-trade cost | Spread, commission and swaps as set by the firm | Spread, commission and swaps as set by the broker |
| Cashback via CB-Dogs | Not available | Yes, at XM and Exness after linking |
| Rules | Firm-set limits (for example drawdown or trading restrictions) | Broker terms and your own risk limits |
| Downside | Challenge fee lost if the evaluation fails | Your deposit can be lost |
Comparing the cost fairly
Because the structures differ, compare the total cost of getting the trading you want, not one line item. A practical way to do it:
- Challenge route: add the challenge fee (and any retake or reset fees you may need) to the trading costs on the funded account. Remember that fees are paid whether or not you pass.
- Own-account route: estimate spread, commission and swaps for the instruments you trade, then subtract cashback. Our guide to comparing broker total cost with rebates shows the method.
Here is a deliberately simple illustration. These are example figures only, not real quotes from any firm or broker.
| Item (example figures) | Challenge route | Own-account route |
|---|---|---|
| Upfront fee | 100 USD (example) | 0 USD |
| Trading costs over the month (example) | 40 USD | 40 USD |
| Cashback (example) | 0 USD | 1.8 USDT per standard lot at XM Standard, 20 lots = 36 USDT |
| Net cost for the month | 140 USD | 4 USD |
The example does not mean the own-account route is better. It is only meant to show where cashback enters the calculation. The own-account route puts your own deposit at risk, while the challenge route limits your loss to the fees but comes with firm-set rules and no guarantee of ever receiving a payout. The 1.8 USDT per standard lot figure is the realistic XMTrading Standard level at the time of writing, but rates can change, so use the table above for current values and see which XM trades are excluded from cashback, since some trades do not earn anything.
Risks to weigh
- Rules can end your access. Prop firms set limits on drawdown, position sizing or behaviour. Breaking a rule can close the account, even if you were profitable.
- Fees are sunk. A challenge fee is generally not refunded if you fail. Read what happens to it if you pass.
- Payout terms differ. Profit-share percentages, payout schedules and conditions are set by each firm. Verify them in writing before paying.
- Rebate claims need scrutiny. If someone offers "rebates" on a funded account, ask who the broker is, who pays, and what happens to the rebate if the account is closed.
- Own accounts carry full market risk. Trading your own account means your deposit can fall to zero. Leverage magnifies losses.
Frequently asked questions
Generally no. On a challenge or funded account the account belongs to the prop firm, which picks its own broker or liquidity provider, so there is no IB link a rebate site can attach. CB-Dogs does not pay cashback on prop firm accounts.
Next steps
If you trade your own account, you can lower costs with cashback. Read how to get forex cashback, estimate your numbers with the cashback calculator, and register with CB-Dogs before opening or linking your broker account so your trading is tracked from the start.
Risk warning: forex and CFD trading carries a high risk of losing money. Cashback does not offset trading losses. Nothing here is investment advice.
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