{"version":"1.0","provider_name":"For overseas forex cashback services, try Money Charger","provider_url":"https://money-charger.com/en/","author_name":"staff","author_url":"https://money-charger.com/en/author/t-cs/","title":"[Important Announcement] XS has dramatically improved! Cashback rate has increased by up to approximately 103%! - Money Charger, your overseas FX cashback service","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"2lc7TI03wO\"><a href=\"https://money-charger.com/en/xs-update-202604/\">[Important Announcement] XS has dramatically improved! Cashback rate has increased by up to approximately 103%!</a></blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https://money-charger.com/en/xs-update-202604/embed/#?secret=2lc7TI03wO\" width=\"600\" height=\"338\" title=\"&#x201C;&#x3010;Important Announcement&#x3011;XS has dramatically improved! Cashback rate has increased by up to approximately 103%!&#x201D; &#x2014; Money Charger, your overseas FX cashback service\" data-secret=\"2lc7TI03wO\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"></iframe><script type=\"text/javascript\">\n/* <![CDATA[ */\n/*! This file is auto-generated */\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n//# sourceURL=https://money-charger.com/wp-includes/js/wp-embed.min.js\n/* ]]> */\n</script>\n","thumbnail_width":1024,"thumbnail_height":572,"description":"We are pleased to announce that the cashback conditions for XS via MoneyChat have been revised, and the cashback amount has been significantly increased. For MT5 only, the cashback has been changed from a fixed amount to a 44% cashback of the spread (spread-linked), which is a significant update that will greatly reduce trading costs, especially for those who mainly trade gold and Bitcoin. What has changed? Previously, XS cashback was calculated as a fixed amount, but with this revision, it has been changed to 44% of the spread. *Only for MT5 FX majors, gold, and Bitcoin The wider the spread, the larger the cashback amount, making it a very advantageous environment for traders who trade highly volatile instruments such as gold and Bitcoin. Impact of the increase (gold and Bitcoin) *The new cashback amount is linked to the spread and will fluctuate depending on market conditions. The above is an estimated value under normal conditions. What is \"effective cost\"? - A concept explained in 30 seconds In overseas FX, a spread (the difference between the buying and selling price) is incurred as a cost with each trade. Using MoneyChat, a portion of this spread is returned to you as cash back. [Spread - Cashback = Effective Cost] The lower this effective cost, the greater the profit you will have left. Below, we have compared the effective cost of gold at 7 popular companies that support MoneyChat. Gold Effective Cost Comparison - 7 MoneyChat-Supporting Companies We compare the effective cost and cashback (CB) when trading 1 lot of gold (XAUUSD) in a standard account. Company Name Effective Cost (Lower is better) CB Cashback Amount XS (New) $11.2 $8.8 Company A $11.4 $3.6 Company B $12.0 $8.0 Company C $15.0 $3.0 Company D $18.5 $3.5 Company E $19.5 $4.5 Company F $26.5 $8.5 *Each company's standard (STP) account, per 1 lot round trip. The spread is an estimate based on the official average value of each company. The cashback amount is an estimated value of cashback via MoneyChat. This varies depending on the time of day and market conditions. Thanks to its high cashback rate of 44% of the spread, XS achieves an effective cost that is almost the same as other companies with the narrowest spreads. On the other hand, with brokers with wider spreads, the effective cost can be about twice that of XS even when cashback is included. For those who trade gold frequently, this difference can amount to a significant sum on a monthly and annual basis. Comparison of effective costs when trading 50 lots per month (gold) Company Name Monthly Effective Cost Difference from XS XS $560/month (CB cashback: $440/month) Company B $600/month +$40 Company E $975/month +$415 Company F $1,325/month +$765 Hidden Advantages of Spread-Linked Cashback This \"44% cashback\" has an important point beyond just the increased base amount. Fixed Amount Method (Traditional): The return amount remains the same even if the spread widens → Increased costs become a direct burden. Spread-Linked Method (44%, New): The return amount automatically increases as the spread widens → Automatically covers increased costs. Even before and after economic indicator announcements or during periods of sharp volatility, the return amount increases in conjunction with the spread, automatically mitigating upward fluctuations in trading costs. This structural difference is particularly effective for highly volatile assets like gold and cryptocurrencies. How to Use: MoneyChat offers zero withdrawal fees and funds received in as little as 1 minute […]"}