TL;DR — The highest per-lot cashback on Expaid right now comes from IUX (up to $8 per forex lot and $17 per gold lot) and Exness (up to $7 forex, $14 gold). But the "best" rebate broker depends on what you trade, how much you can deposit, and whether you need to keep an existing account. Below we compare all seven regulated brokers on Expaid and name a winner for each type of trader.
What a forex & gold cashback rebate really is
A cashback rebate is a fixed amount of money returned to you for every lot you trade — paid whether the trade wins or loses. When you link your MT4/MT5 account to Expaid, we act as an introducing broker (IB) and return most of the broker's commission to you as a per-lot rebate, credited daily straight into your trading account. Your spreads, execution and leverage stay exactly the same, and joining is free. Over a year of active trading, rebates can add up to a meaningful cut of your trading costs — which is why choosing the broker with the best rate for your style matters.
Cashback rebate comparison (2026)
Maximum per-lot rebate available through Expaid, by broker. Gold figures are for XAUUSD; rates are indicative and vary by account type and volume.
| Broker | Forex (up to) | Gold / XAUUSD (up to) | Min. deposit | Regulation | Existing account? |
|---|---|---|---|---|---|
| IUX | $8.00 / lot | $17.00 / lot | $10 | FSA | Yes |
| Exness | $7.00 / lot | $14.00 / lot | $10 | FSA, CySEC | Yes |
| IC Markets | $6.00 / lot | $9.00 / lot | $200 | ASIC, CySEC | Yes |
| XM | $5.50 / lot | $11.00 / lot | $5 | CySEC, ASIC | Yes |
| HFM | $5.20 / lot | $10.50 / lot | $0 | UK FCA, FSCA | Yes |
| FBS | $5.00 / lot | $10.00 / lot | $5 | IFSC, CySEC | Yes |
| Pepperstone | $4.80 / lot | $8.50 / lot | $0 | UK FCA, ASIC | New only |
Highest forex rebate: IUX
IUX leads on raw forex cashback at up to $8 per standard lot, with Exness close behind at $7. For a scalper or high-frequency trader running dozens of forex lots a week, that gap compounds quickly. IUX also supports linking an existing account and pays daily, so you can switch on cashback without changing how you trade.
Highest gold (XAUUSD) rebate: IUX, then Exness
Gold traders should look first at IUX (up to $17 per XAUUSD lot) and Exness (up to $14). Gold rebates are typically far higher than forex because gold's commission and spread structure is richer — so if XAUUSD is your main instrument, the broker you choose matters even more than it does for majors.
Lowest barrier to start: HFM, Pepperstone and XM
If you are starting small, HFM and Pepperstone have no minimum deposit, and XM starts at just $5. XM is a popular first broker because it pairs a low entry point with a solid $5.50 forex / $11 gold rebate and top-tier CySEC + ASIC regulation.
Best for keeping your existing account
Most brokers here — Exness, XM, IUX, IC Markets, FBS and HFM — let you move an existing account under Expaid's IB link, so you keep your funds, spreads and open positions and simply start earning cashback. Pepperstone is the exception: it requires opening a new account through the partner link. If you already trade somewhere, check that broker's page for the exact transfer steps.
In our view — chase the headline rate only after you have matched the broker to your instrument and account size. A $17 gold rebate is worth nothing if you mostly trade EUR/USD, and the highest forex rate matters little if the minimum deposit is out of reach. Pick the broker that fits how you actually trade, then let the rebate quietly lower your cost on every lot.
How to choose the right rebate broker for you
- Trade mostly forex majors? Prioritise the forex rate — IUX or Exness lead.
- Trade gold (XAUUSD)? IUX and Exness pay the most per gold lot by a wide margin.
- Starting with a small balance? HFM or Pepperstone ($0) or XM ($5) get you in cheaply.
- Already have an account? Confirm it supports existing-account transfers (all except Pepperstone).
- Want to see your numbers first? Use the cashback calculator with your broker and monthly lot count.
How we compare
Figures above are the maximum indicative per-lot rebate available through Expaid at the time of writing, drawn from our live broker rate board, which we update as partner rates change. Actual rebates depend on your account type, instrument and trading volume, and are always paid on top of your normal trading — Expaid never holds your money. Ready to start? Create your Expaid account and link a broker in a couple of minutes.