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What is "CASHBACK Victory"? A thorough explanation of the mechanism, features, and how to get started with this overseas FX cashback service!

/ / Author: MoneyChat Editorial Department

"CASHBACK Victory" offers cashback based on your trading volume in overseas forex trading

When you trade using an FX account opened through CASHBACK Victory, you can receive cashback on the spread (commission)That is its distinguishing feature

Therefore, this article will cover the features and mechanisms of CASHBACK Victory

We will also explain how to compare it with other services and how to actually get started, so if you are considering investing in overseas forex, please read to the end

CASHBACK Victory: How it works, its advantages and disadvantages

First, let's look at how CASHBACK Victory works and its advantages and disadvantages

This is a must-read for anyone trading in overseas forex without using cashback sites. Choose a site that suits your trading style

CASHBACK Victory is recommended for intermediate and advanced users

As I mentioned at the beginning,CASHBACK Victory is a cashback service for overseas forex brokersis

If you trade using an FX account opened through CASHBACK Victory, you can receive cash back based on your trading volume

We partner with niche overseas forex brokers that are not available elsewhere, making us highly recommended for intermediate and advanced traders. (As of 2023)

The number of partner companies is 18. Although the number itself is not large,We partner with vendors that are not featured on mainstream websites

Intermediate and advanced traders may use niche brokers due to their focus on leverage and tools.
In that case, be sure to check out CASHBACK Victory.

They may cover the service provider you want to use

The appeal lies in the ability to lower effective transaction costs

Like other cashback services, CASHBACK Victory offers cashback based on your trading volume.
For example, you can earn 1.32 pips per lot when using InstaForex, and up to $8 per lot when using XMTrading.

Since you receive it regardless of the outcome of the trade, it's possible to end up with a profit even if you incur losses in the tradeThere's no reason not to use this

Furthermore, you can consider the cashback you receive as offsetting the actual transaction costs

FX trading involves a spread (commission), but you can offset this trading cost by using a cashback site

If you want to trade without worrying about fees, using a cashback site is essential. Since there are no usage fees, I highly recommend using one

If you'd like to review the basics and mechanisms of cashback websites, please see the article below

The referral fees that businesses pay to cashback sites are passed on to users

Some people might think it's suspicious to get cashback just for making a transaction. This system works because..abroadFX brokersBecause they pay referral fees to cashback sitesis

A portion of that is paid to the user as a cashback

While there are some unscrupulous businesses out there, the fact that they clearly show users the flow of money like this is an important point in identifying reputable services

It has been operating since 2013, and the fact that it has no negative reviews regarding non-payment or other issues is also commendable

The amount you receive and the cashback rate vary depending on the trading currency, unit, and number of trades

The cashback amount depends on factors such as the trading currency and unit, the number of trades per day, and the account typeIt varies greatly depending on the individual

The table below shows examples for different brokers and account types

Overseas Forex BrokersAccount typeCashback amount

Micro, Standard, and Zero Accounts$8 / $4
Regardless of account type$8
Standard Account / Blade Account$3.40 / $0.80
Regardless of account type$13.20

CASHBACK Victory currently works with 18 FX brokers, and a distinctive feature is its partnerships with brokers that other sites do not handle

However, if you use a major FX broker, other cashback sites may offer higher reward rates

howeverFor niche companies, not only is it rare to find them, but their return rates are among the highest in the countryChoose the site that suits you best

On the CASHBACK Victory official website, you can calculate a cashback estimate by entering the transaction unit, number of transactions, and cashback rate. Try calculating it for your own case

The advantage is the irregular, unique campaigns

In addition to handling unusual vendors, CASHBACK Victory is irregularWe're holding our own campaignThat's what's appealing about it

In the past, there have been instances where they have given 20,000 yen to users who opened an account during the campaign period, or given 20,000 yen to existing users who traded 10 lots or more through a lottery

It's great to be able to receive these kinds of benefits in cash. I recommend checking the official website regularly so you don't miss out

Furthermore, we also partner with niche businesses

As shown in the diagram below, if you only look at the minimum withdrawal amount and cashback rate, it's hard to say that CASHBACK Victory is the industry leader

Contractor
Withdrawal methodsBitwallet, STICPAY, Bank TransfertransfertransferNeteller, bank transfer
Minimum redemption amount1500 yen5000 yen5000 yen5000 yen
Bank transfer feefreefreefreefree
Transfer dateThe next day after application2-3 days after application2-3 days after application2-3 days after application

but,One of the great things about this company is the wide range of partner companies they work withThis is a must-read for anyone who is particular about the usability of their tools and uses a provider that isn't the largest

I've compiled a list of companies that TariTali doesn't carry but CASHBACK Victory does have partnerships with

  • iFOREX
  • FXDD
  • IFC Markets
  • ForexMetal
  • FXOpen
  • instaforex
  • AXITrader
  • IC Markets
  • Pepperstone

Make sure to check carefully to see if there is a company that suits your needs

The downside is that you might not receive your bonus

Not just CASHBACK Victory,Opening a forex account through an overseas forex cashback website may result in you not receiving bonuses from the overseas forex broker

It's easier to understand if you imagine a system where there's a fixed amount that can be returned to the user, and that amount is either paid directly by the business or by the cashback site. If they received money from both, the business wouldn't be able to survive

Therefore, many FX brokers prohibit the use of both direct cashback (cashback received from overseas FX brokers) and indirect cashback (cashback received from sites like CASHBACK Victory)

To avoid regretting your decision after registering, compare the cashback amount and bonus amount beforehand and choose the one with the higher offer

Account verification is required to receive the cashback

There is one crucial step you must never forget to receive your cashback with CASHBACK Victory"Account Opening Verification"is

Before starting trading with any FX broker, you must register as a user on CASHBACK Victory and then link your account through the "Account Verification Window." Please note that trades made before this is completed will not be eligible for cashback

And thenYou automatically receive cashback every time you make a tradeSo please give it a try

CASHBACK Victory reviews and reputation

We conducted our own research using social media and online forums

  • Thanks to the cashback, my total trading profit turned out to be positive
  • You should definitely use it
  • So far, there have been no withdrawal refusals, so I feel safe
  • I'm glad there's Japanese language support
  • Depending on the item, the cashback rate and payment speed may be inferior to other sites

While some reviews mentioned that the cashback rates and transfer speeds were inferior to other FX brokers, the majority of opinions were generally positive

Some users have said things like, "You absolutely must use this," and "This has made my trading profitable," so it's safe to say that this is a cashback site you can try with confidence

Here are some actual comments

Most people would recommend CASHBACK Victory

CASHBACK Victory seems to have a good reputation as a cashback service

Some users commented, "I would recommend this to others," and "Thanks to this, my overall profit and loss turned positive."

Cashback can be received based on trading volumeTherefore, you can create an income source separate from the profits from FX trading

As the second review mentioned, a major advantage is that you can increase your profits through CASHBACK Victory's cashback program

There appear to be no cases of withdrawal refusals or significant delays in transfers

According to our independent research,CASHBACK Victory's 13-year history of operation, we have not found any instances of withdrawal refusals or significant delays in transfers.

Given that there are unscrupulous companies that freeze and abscond with users' funds, this track record is a significant source of reassurance

If your withdrawal is refused, it may be due to a violation of the terms of service by the user

however,If a user violates the terms and conditions, withdrawals may be refusedThere is. Basically,CASHBACK VictoryAs long as you don't engage in malicious transactions that cause damage to others, there shouldn't be any problems

You can view the terms of service here

However, some people have complained that the cashback rate is low

However, some users have commented that the cashback rate is lower compared to other cashback sites. This is likely the case when using major FX brokers.
CASHBACK Victorycovers relatively minor brokers as well, and its advantage lies in its higher cashback rates in those cases. It's best to decide based on your needs.

Pay attention to the exchange rate at the time of cashback calculation

At CASHBACK Victory, all cashback is paid in Japanese Yen. This is because a portion of the referral fees paid to CASHBACK Victory in US dollars by our partner FX companies is converted to Yen. The amount of cashback in Yen is calculated using the exchange rate at the time of the user's cashback calculation. Caution is advised during periods of significant market fluctuations .

Industry leader! If you want to withdraw your winnings in as little as 4 hours, "MoneyChat" is highly recommended!

some reviews mention thatCASHBACK Victory's, there are some sites that can actually deposit funds as quickly as the same day. One such site is Money Charger.

According to one review, the changes were reflected in approximately four hours

If the cashback is credited immediately, you might be able to increase your investment funds exponentially. If you're interested, please check the details by clicking the button below!

How to get started with CASHBACK Victory and how to register

Here, we'll go through the registration process for CASHBACK Victory step by step

  1. Register with TariTali
  2. Open an account with a company that offers cashback
  3. Link your account number from your user page

I will explain each of them in order, so please take this opportunity to register

① Register for CASHBACK Victory

First,the CASHBACK Victoryofficial website. Once you open the website, click the "Free User Registration" button on the right side of the screen.

Clicking the "Free User Registration" button will display a new registration form like the one shown above. Please fill in the required information, agree to the terms and conditions, and then click the "Register" button

After submitting the form, a confirmation email will be sent to the email address you registered. Please click the URL in the email to complete the email address verification process

Once your email address has been verified,the CASHBACK Victoryofficial website again and click the "Login" button.

Please enter your registered email address and password to log in

② Open an account with a company that offers cashback

Once you've completed user registration with CASHBACK Victory , the next step is to create an overseas forex account through CASHBACK Victory

Please note that you will not receive the cashback unless you open an overseas forex account through CASHBACK Victory

To proceed, first access the CASHBACK Victory official website

Choose the overseas forex broker you want to use from the "List of Forex Companies"

For example, if you want to use XM, click on "XMTRADING" and then click the "Details/Application" button

③ Link your account number from your user page

Register the overseas forex account you created via CASHBACK Victory with CASHBACK Victory

the CASHBACK Victoryhomepage, select "Login" and log in using your email address and password.

Next, click on "Account Verification Window" and enter the name of the overseas forex broker you registered with and your account number

Finally, click "Submit Verification Request" and wait for a registration confirmation email to arrive

The following three payment methods are supported by CASHBACK Victory:

  1. Bank transfer
  2. bitwallet
  3. Neteller

For payment information, please enter the bank name, branch name, account number, and account holder's name

If you have any questions or problems,this inquiry formand we will assist you.

Frequently Asked Questions about CASHBACK Victory

We have compiled a list of frequently asked questions regarding CASHBACK Victory

  • When will the cashback start?
  • How do I cancel my membership?
  • What if I already have an account with the partner FX company I want to use?

Let's check the items that interest you

Q. When will the cashback start?

The cashback will be credited once account verification is complete

Before starting trading, please check if you have received the account verification email

Please note that you cannot claim cashback retroactively for past trades

Q. How do I cancel my Cashback Victory membership?

You can unsubscribe by contacting us through our inquiry page and stating your wish to cancel your membership

However, any outstanding cashback balance will be considered forfeited upon cancellation and will no longer be available for withdrawal

We recommend withdrawing your funds after you have accumulated the minimum withdrawal amount of 5,000 yen

Q. What if I already have an account with the partner FX company I want to use?

To receive the cashback, you need to open an account through the designated link within CASHBACK Victory

Therefore, some FX brokers may exclude it from their cashback program

In some cases, you may be able to use this service by opening an additional account using the specified method, so please check the cashback conditions on each company's website

Here, we've compiled a comparison of various brokers, mainly focusing on those with high execution capabilities. We hope this helps you choose the right broker.

summary

This page summarizes information about CASHBACK Victory

Finally, let's review the important points

  • CASHBACK Victory is a reputable site that covers even minor businesses
  • The advantage is that it can effectively lower transaction costs
  • They also offer additional cashback during irregular campaigns
  • There are no fees, and the minimum withdrawal amount is 5,000 yen
  • The downside is that when using major companies, the return rate is not the best
  • To get started, you need to open an account through CASHBACK Victory

The appeal of CASHBACK Victory lies in its ability to select niche service providers and its irregularly held campaigns. It's the perfect cashback site for those who have specific service providers in mind. Checking the official website is essential to earn extra cashback through campaigns

Why not take this opportunity to open an account?

MoneyChat Editorial Department

The person who wrote this article

MoneyChat Editorial Department

The Money Charger editorial team is the official editorial team of Money Charger, which has a cumulative cashback payment record of over 20 billion yen. Based on primary information obtained through direct partnerships with more than 25 overseas FX brokers, we provide information that helps users reduce their trading costs

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