Introduction
In the fast-paced world of forex trading, every pip saved can translate into significant long-term profits. Forex cashback strategies have emerged as a powerful tool for traders looking to offset costs and maximize returns, especially in 2024’s competitive markets. Whether you’re a high-frequency scalper, a swing trader, or an automated trading enthusiast, understanding how to optimize rebates, broker commissions, and spread markups can drastically improve your bottom line. This guide dives deep into the most effective ways to leverage forex cashback programs, from selecting the right broker to fine-tuning your trading approach—ensuring you keep more of your hard-earned gains. Let’s explore how to turn rebates into a consistent revenue stream.
1. Understanding Forex Cashback Fundamentals

Forex cashback is a powerful yet often overlooked strategy that allows traders to recover a portion of their trading costs, effectively increasing profitability over time. Whether you’re a high-frequency trader or a long-term investor, integrating forex cashback strategies into your trading plan can significantly reduce expenses and enhance overall returns.
This section will delve into the fundamentals of forex cashback, explaining how it works, its benefits, and the mechanisms behind rebate programs. By the end, you’ll have a clear understanding of why cashback is a valuable tool for optimizing trading performance.
What Is Forex Cashback?
Forex cashback, also known as a rebate program, is a financial incentive offered by brokers, affiliate platforms, or third-party providers that refunds a portion of the spread or commission paid on each trade. Unlike traditional discounts or promotions, cashback is earned per trade, meaning the more you trade, the more you can earn back.
How Forex Cashback Works
1. Broker-Provided Rebates – Some brokers offer built-in cashback programs where traders receive a percentage of the spread or a fixed amount per lot traded.
2. Third-Party Cashback Services – Independent platforms partner with brokers to provide rebates, often at higher rates than what brokers offer directly.
3. Affiliate-Linked Rebates – Traders who sign up through an affiliate link may receive ongoing cashback as part of the referral arrangement.
For example, if a broker charges a $7 commission per lot and offers a $1 cashback, your net trading cost drops to $6. Over hundreds of trades, this adds up to substantial savings.
Why Forex Cashback Matters for Traders
1. Reduces Trading Costs
Every trader incurs costs through spreads, commissions, or swaps. Cashback mitigates these expenses, effectively lowering the breakeven point for profitable trades.
- Example: A scalper executing 50 trades daily with a $2 cashback per lot could save $100 daily, translating to $2,500 monthly.
### 2. Enhances Profitability
Even small rebates compound over time, improving net returns. For high-volume traders, this can mean the difference between marginal gains and significant profits.
3. Works with Any Trading Style
Whether you’re a day trader, swing trader, or algorithmic trader, cashback applies to all executed trades, making it a universally beneficial strategy.
4. No Additional Risk
Unlike risky trading techniques, cashback is a passive earnings method. You don’t need to alter your strategy—simply claim rebates on trades you’re already making.
Types of Forex Cashback Programs
1. Spread-Based Cashback
- Rebates are calculated as a percentage of the spread.
- Ideal for traders using brokers with variable spreads.
### 2. Fixed Cashback per Lot
- A set amount (e.g., $0.50 – $5 per lot) is refunded regardless of trade size or spread.
- Best for traders who execute large volumes.
### 3. Tiered Rebate Structures
- Higher trading volumes unlock better cashback rates.
- Suitable for professional traders and hedge funds.
### 4. Hybrid Models
- Combine spread-based and fixed rebates for maximum flexibility.
## Key Players in Forex Cashback
1. Brokers with In-House Rebates
Some brokers, like IC Markets and Pepperstone, offer direct cashback incentives to retain clients.
2. Independent Cashback Providers
Websites like CashbackForex and ForexRebates act as intermediaries, offering rebates even when brokers don’t provide them directly.
3. Affiliate Networks
Trading educators and signal providers often partner with brokers to offer exclusive cashback deals to their followers.
How to Maximize Forex Cashback Earnings
To optimize forex cashback strategies, consider the following:
1. Choose the Right Broker – Select brokers with tight spreads and high rebate percentages.
2. Compare Cashback Providers – Third-party services may offer better rates than broker-provided rebates.
3. Trade More, Earn More – Since cashback is volume-based, increasing trade frequency (responsibly) maximizes returns.
4. Combine with Low-Cost Strategies – Pair cashback with commission-free accounts or raw spread pricing for maximum efficiency.
5. Track and Withdraw Rebates – Ensure your cashback is being credited correctly and withdraw earnings regularly.
Common Misconceptions About Forex Cashback
❌ “Cashback is only for high-volume traders.”
✅ Even small traders benefit—every rebate reduces costs.
❌ “Cashback brokers are untrustworthy.”
✅ Reputable brokers like XM and FBS offer legitimate rebate programs.
❌ “Cashback requires changing my strategy.”
✅ It’s a passive benefit—no strategy adjustments needed.
Final Thoughts
Understanding forex cashback fundamentals is the first step toward optimizing your trading expenses. By leveraging rebates, traders of all levels can reduce costs, improve net profitability, and gain an edge in the competitive forex market.
In the next section, we’ll explore how to select the best forex cashback programs in 2024, ensuring you get the highest returns on every trade.
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2. Choosing the Best Cashback Broker
Selecting the right cashback broker is a critical step in optimizing your forex cashback strategies. A well-chosen broker ensures you maximize rebates while maintaining a secure and efficient trading environment. This section explores key factors to consider when selecting a cashback broker, including transparency, rebate structures, broker reputation, and trading conditions.
Key Factors to Consider When Choosing a Cashback Broker
1. Transparency and Reliability
A reputable cashback broker should provide clear, verifiable terms regarding rebate calculations and payouts. Avoid brokers with vague policies or hidden fees that could reduce your net cashback earnings.
- Verification: Check if the broker is regulated by authorities such as the FCA (UK), ASIC (Australia), or CySEC (Cyprus). Regulatory oversight ensures fair rebate processing.
- Track Record: Look for brokers with a proven history of timely cashback payments. User reviews and forums like ForexPeaceArmy can provide insights into broker reliability.
### 2. Rebate Structure and Payout Frequency
Different brokers offer varying cashback models, and selecting the right one depends on your trading style.
- Fixed vs. Variable Rebates:
– Fixed Rebates: A set amount per lot traded (e.g., $5 per standard lot). Ideal for high-volume traders.
– Variable Rebates: A percentage of the spread (e.g., 0.5 pips per trade). Better for traders who frequently trade tight-spread pairs.
- Payout Frequency: Some brokers offer daily, weekly, or monthly payouts. Frequent payouts improve liquidity, while longer intervals may offer higher cumulative rebates.
Example:
A scalper trading 50 lots per day might prefer a broker offering $3 fixed rebate per lot with daily payouts, while a swing trader may opt for a percentage-based rebate with monthly compounding.
3. Broker Spreads and Execution Quality
Cashback should not come at the expense of poor trading conditions. Some brokers widen spreads to offset rebate costs, reducing net profitability.
- Compare Spreads: Test the broker’s spreads during high and low volatility periods.
- Execution Speed: Slippage and requotes can negate cashback benefits, especially for scalpers.
Pro Tip: Use a demo account to assess execution quality before committing real funds.
4. Cashback Eligibility and Restrictions
Some brokers impose restrictions that could limit your cashback earnings:
- Traded Instruments: Rebates may apply only to major forex pairs, excluding commodities or indices.
- Account Types: Certain promotions may be limited to ECN accounts or high-volume traders.
- Time Limits: Some brokers offer temporary cashback promotions rather than permanent programs.
Always read the fine print to ensure your trading style aligns with the broker’s cashback policy.
5. Additional Perks and Loyalty Programs
Beyond standard cashback, some brokers offer:
- Tiered Rebates: Higher trading volumes unlock increased rebate rates.
- Bonus Incentives: Deposit bonuses or reduced commissions for active traders.
- Affiliate Earnings: Referral programs that provide additional cashback on referred traders’ activity.
Example:
A broker might offer $7 per lot for traders exceeding 100 lots/month, compared to the standard $5 per lot.
Top Recommended Cashback Brokers (2024)
Based on transparency, rebate value, and trading conditions, the following brokers stand out:
| Broker | Regulation | Rebate Type | Payout Frequency | Notable Feature |
|——————|—————|—————-|———————-|———————|
| IC Markets | ASIC, CySEC | Variable (0.3-1 pip) | Weekly | Tight spreads, high liquidity |
| Pepperstone | FCA, ASIC | Fixed ($3-$6/lot) | Daily | Fast execution, low latency |
| XM Group | CySEC, ASIC | Hybrid (Fixed + %) | Monthly | High-volume discounts |
| FBS | IFSC, CySEC | Fixed ($5/lot) | Weekly | Bonus promotions |
Final Checklist Before Choosing a Cashback Broker
To ensure you select the best broker for your forex cashback strategies, verify the following:
✅ Regulatory Compliance (FCA, ASIC, CySEC)
✅ Clear Rebate Terms (No hidden deductions)
✅ Competitive Spreads & Execution (Avoid excessive slippage)
✅ Flexible Payout Options (Daily, weekly, or monthly)
✅ Positive User Feedback (Check Trustpilot & Forex forums)
Conclusion
Choosing the right cashback broker is a strategic decision that directly impacts your profitability. By prioritizing transparency, rebate value, and trading conditions, you can optimize your forex cashback strategies and enhance your overall trading returns. Always test brokers via demo accounts and compare multiple options before committing to ensure long-term success.
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Next Section Preview: “3. Maximizing Cashback Through Trading Volume” – Learn how to strategically increase lot sizes and trade frequency to amplify rebate earnings without excessive risk.
By following these guidelines, traders can secure the best cashback deals while maintaining a disciplined and profitable trading approach.
3. Trading Strategies to Maximize Rebates
Forex cashback strategies are an excellent way to reduce trading costs and enhance profitability. By optimizing your trading approach, you can maximize rebates without compromising your trading performance. In this section, we explore three powerful trading strategies designed to help you extract the highest possible cashback from your forex broker.
3.1 High-Frequency Scalping for Maximum Rebates
Scalping is a short-term trading strategy where traders execute numerous trades within minutes or seconds, aiming to capture small price movements. Since cashback rebates are typically calculated per trade, scalping can significantly increase rebate earnings.
Why Scalping Works for Forex Cashback Strategies
- Volume-Based Rebates: Most cashback programs reward traders based on the number of trades executed. Scalpers generate high trade volumes, leading to substantial rebates.
- Lower Effective Spread Costs: Since scalpers profit from tiny price changes, cashback rebates can offset spread costs, improving net profitability.
### Practical Implementation
- Choose a Low-Spread Broker: Tight spreads reduce slippage and improve scalping efficiency.
- Use a Rebate-Optimized Broker: Select brokers offering the highest rebates per lot traded.
- Automate with EAs: Expert Advisors (EAs) can execute rapid trades consistently, maximizing rebate potential.
Example:
A trader executing 50 scalping trades per day with a $3 rebate per lot could earn $150 daily in rebates alone, significantly offsetting trading costs.
3.2 Position Trading with Partial Close Rebates
Unlike scalping, position trading involves holding trades for days or weeks. While this strategy generates fewer trades, traders can still optimize rebates by using partial closes.
How Partial Closes Enhance Cashback
- Multiple Rebate Triggers: Instead of closing a full position at once, traders can incrementally close portions, each qualifying for a rebate.
- Risk Management: Partial closes lock in profits while allowing remaining positions to run, combining rebate optimization with disciplined trading.
### Best Practices for Position Traders
- Scale Out in Phases: Close 25%-50% of the position at key support/resistance levels to secure rebates.
- Use Tiered Rebate Plans: Some brokers offer higher rebates for larger trade volumes, making partial closes more lucrative.
Example:
A trader opens a 10-lot position and closes 2 lots at four different profit targets. Each close generates a rebate, increasing total cashback earnings compared to a single full close.
3.3 Hedging Strategies to Double Rebate Earnings
Hedging involves opening opposing positions to mitigate risk. While hedging is often used for risk management, it can also be structured to maximize forex cashback rebates.
Hedging for Rebate Optimization
- Simultaneous Long & Short Positions: By opening both buy and sell orders on the same currency pair, traders can earn rebates on both trades while maintaining a neutral market exposure.
- Martingale Adjustments: Some traders use hedging to recover losses while still benefiting from rebates on each new trade.
### Key Considerations
- Broker Policies: Ensure the broker allows hedging and pays rebates on both legs of the trade.
- Swap Costs: Hedged positions may incur swap fees, so calculate whether rebates outweigh these costs.
Example:
A trader opens 1 lot BUY and 1 lot SELL on EUR/USD. Regardless of price movement, both trades qualify for rebates, effectively doubling cashback earnings without directional risk.
Conclusion: Combining Strategies for Optimal Cashback
The best forex cashback strategies involve a mix of high-frequency trading, partial closes, and hedging. By selecting a broker with competitive rebate structures and aligning your trading style with these methods, you can significantly reduce trading costs and boost net profitability.
Final Tips for Maximizing Rebates
✔ Track Rebate Earnings: Use spreadsheets or broker reports to monitor cashback payouts.
✔ Optimize Trade Size: Larger lot sizes often qualify for higher-tier rebate rates.
✔ Stay Informed: Brokers occasionally update rebate terms—stay updated to maximize returns.
By implementing these forex cashback strategies, traders can turn rebates into a consistent secondary income stream while improving overall trading efficiency.
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4. Tools & Tech for Rebate Optimization
To maximize the effectiveness of your forex cashback strategies, leveraging the right tools and technology is essential. Rebate optimization goes beyond simply signing up for a cashback program—it requires tracking, analysis, and automation to ensure you’re earning the highest possible returns on every trade.
In this section, we’ll explore the best tools and technologies available in 2024 to help traders optimize their forex rebates efficiently.
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1. Rebate Tracking & Analytics Platforms
a. Dedicated Forex Rebate Trackers
Specialized rebate tracking platforms allow traders to monitor cashback earnings across multiple brokers and rebate programs. These tools consolidate data into a single dashboard, providing insights into:
- Rebate accruals per trade
- Payment schedules
- Historical performance comparisons
Example Tools:
- CashbackForex – Trades rebates from multiple brokers in real-time.
- ForexRebatesGuru – Offers detailed analytics on rebate efficiency.
### b. Spreadsheet & Custom Dashboards
For traders who prefer manual tracking, Excel or Google Sheets can be customized to log:
- Trade volume
- Rebate rates per broker
- Monthly/quarterly earnings
Advanced users can integrate APIs from brokers or rebate providers to automate data feeds.
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2. Automated Trading & Rebate Optimization
a. Algorithmic Trading for Rebate Maximization
High-frequency traders (HFTs) and scalpers can use algorithmic strategies to increase trade volume—and thus rebate earnings—without additional manual effort.
Key Considerations:
- Low-latency execution ensures more trades qualify for rebates.
- Volume-based rebate tiers reward higher activity with better rates.
Example: A trader using a scalping EA (Expert Advisor) can generate hundreds of trades daily, significantly boosting cashback.
b. Trade Copiers & Multi-Account Managers (MAMs)
For traders managing multiple accounts, trade copiers like MetaTrader’s MAM/PAMM systems or ZuluTrade allow:
- Single-strategy execution across accounts
- Higher aggregated rebates from multiple brokers
This is particularly useful for fund managers who want to scale their forex cashback strategies efficiently.
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3. Broker Comparison & Rebate Calculators
a. Forex Broker Rebate Comparison Tools
Not all brokers offer the same rebate structures. Tools like BrokerNotes or ForexBrokers.com help traders compare:
- Per-lot rebate rates
- Payment methods (USD, BTC, etc.)
- Minimum withdrawal thresholds
Example: A trader might switch from Broker A (offering $3/lot) to Broker B (offering $5/lot) after comparison.
b. Rebate Calculators
Before executing trades, traders should estimate potential earnings using rebate calculators. These tools factor in:
- Trade size (micro, mini, standard lots)
- Frequency of trading
- Broker-specific rebate terms
Example: A trader executing 100 standard lots/month at $7/lot earns $700 in rebates—calculating this beforehand ensures optimal broker selection.
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4. AI & Machine Learning for Rebate Forecasting
a. Predictive Analytics for Rebate Trends
AI-powered tools analyze historical rebate data to:
- Predict future rebate adjustments
- Identify brokers likely to increase rates
- Optimize trade timing for maximum cashback
Example: If AI detects a broker tends to raise rebates in Q4, traders can allocate more volume accordingly.
b. Smart Trade Execution Bots
Some platforms now integrate AI-driven execution bots that:
- Prioritize brokers with the best rebates
- Avoid slippage that could reduce rebate eligibility
This ensures every trade contributes optimally to cashback earnings.
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5. Blockchain & Transparent Rebate Payments
a. Smart Contract Rebates
Decentralized finance (DeFi) platforms are introducing smart contract-based rebates, where:
- Payments are automated
- No intermediaries delay transactions
- Full transparency in rebate calculations
Example: A blockchain-based forex broker could auto-distribute rebates in USDT or ETH upon trade settlement.
b. Crypto Cashback Platforms
Some rebate providers now offer payouts in Bitcoin or stablecoins, allowing traders to:
- Avoid bank processing delays
- Benefit from crypto appreciation
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6. Mobile Apps for On-the-Go Rebate Management
With mobile trading dominating in 2024, apps like RebateFX Tracker or ForexCashback Pro enable traders to:
- Monitor rebates in real-time
- Receive alerts for missed rebates
- Withdraw earnings instantly
This ensures traders never miss out on potential cashback, even while away from their desks.
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Conclusion: Integrating Tools for Maximum Rebates
Optimizing forex cashback strategies in 2024 requires a mix of analytics, automation, and smart broker selection. By leveraging:
✔ Rebate tracking dashboards
✔ Algorithmic trading for volume boosts
✔ AI-driven rebate forecasting
✔ Blockchain for transparent payouts
Traders can significantly enhance their earnings with minimal extra effort. The key is to test different tools, compare brokers, and continuously refine strategies based on data.
Next Step: In Section 5, we’ll discuss Advanced Tactics for Scaling Forex Cashback, including multi-broker arbitrage and tax-efficient rebate structures.
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By integrating these tools and technologies, traders can turn forex rebates into a powerful secondary income stream—making every trade more profitable.
5. 2024 Trends & Future Outlook
The forex cashback industry is evolving rapidly, driven by technological advancements, regulatory changes, and shifting trader preferences. As we move further into 2024, traders must stay ahead of emerging trends to maximize their rebate earnings. This section explores the key developments shaping forex cashback strategies and provides insights into how traders can adapt for long-term profitability.
Emerging Trends in Forex Cashback for 2024
1. AI and Automation in Cashback Optimization
Artificial Intelligence (AI) and machine learning are revolutionizing forex cashback strategies by enabling smarter rebate tracking and execution. AI-powered tools can:
- Analyze trading patterns to suggest optimal cashback brokers based on volume and frequency.
- Automate rebate claims to ensure no eligible trade is missed.
- Predict broker reliability by assessing payout histories and user reviews.
For example, some cashback providers now integrate AI chatbots that notify traders of missed rebate opportunities in real time.
2. Expansion of Multi-Broker Cashback Programs
Traders are increasingly diversifying their broker portfolios to maximize cashback earnings. Instead of relying on a single broker, savvy traders are:
- Using multiple cashback providers to compare rebate rates.
- Splitting trading volume across brokers to qualify for higher-tier rebates.
- Taking advantage of regional broker promotions where cashback percentages vary by market.
This trend is particularly beneficial for high-frequency traders who can leverage volume-based rebates across several platforms.
3. Regulatory Influence on Cashback Transparency
Regulators worldwide are tightening oversight on forex rebates to prevent unethical broker practices. Key developments include:
- Stricter disclosure requirements – Brokers must clearly outline cashback terms, including withdrawal conditions.
- Anti-conflict measures – Some jurisdictions now require brokers to prove that cashback incentives do not encourage excessive trading.
- Standardized payout schedules – Ensuring timely rebate processing to prevent broker-side delays.
Traders should prioritize brokers regulated by authorities like the FCA, ASIC, or CySEC to avoid cashback disputes.
4. Growth of Cryptocurrency Forex Cashback
With the rise of crypto trading, several brokers now offer cashback in Bitcoin, Ethereum, or stablecoins. Benefits include:
- Faster withdrawals – Crypto rebates often process quicker than fiat payouts.
- Hedging against inflation – Traders can retain rebates in appreciating assets.
- Lower fees – Crypto transactions typically incur fewer banking charges.
However, traders must account for crypto volatility when accepting rebates in digital assets.
5. Social Trading and Cashback Synergy
Copy trading and social investment platforms are integrating cashback rewards to attract users. Features include:
- Rebates on copied trades – Followers earn cashback even when mirroring expert traders.
- Leaderboard incentives – Top-performing traders receive bonus rebates.
- Community-driven cashback pools – Groups of traders combine volumes for higher-tier rebates.
This trend makes forex cashback strategies more accessible to passive investors.
Future Outlook: What Traders Should Prepare For
1. Hyper-Personalized Cashback Offers
Brokers and cashback providers will increasingly use big data to tailor rebate programs based on:
- Trading style (scalpers vs. long-term traders).
- Asset preferences (forex pairs, commodities, indices).
- Account size (higher rebates for VIP clients).
Traders should monitor personalized deals and negotiate better terms with providers.
2. Blockchain for Transparent Rebate Tracking
Blockchain technology is expected to enhance cashback transparency by:
- Providing immutable rebate records – Traders can verify payouts on-chain.
- Smart contract automation – Rebates auto-execute when trade conditions are met.
- Reducing fraud risks – Eliminating broker manipulation of rebate calculations.
Early adopters of blockchain-based cashback platforms may gain a competitive edge.
3. Increased Broker Competition Driving Higher Rebates
As more brokers enter the market, cashback rates are likely to rise to attract traders. Strategies to capitalize on this include:
- Regularly comparing broker offers – Using aggregator sites to find the best deals.
- Leveraging seasonal promotions – Many brokers increase rebates during market events.
- Negotiating custom rates – High-volume traders can request exclusive cashback terms.
### 4. Integration of Cashback with DeFi and Neo-Brokers
Decentralized finance (DeFi) and neo-brokers (digital-first platforms) are introducing innovative cashback models, such as:
- Tokenized rebates – Earning tradable tokens instead of cash.
- Staking rewards – Locking rebates to generate additional yield.
- Gamified cashback – Completing trading challenges for bonus rebates.
Traders should stay informed about these hybrid models to diversify earnings.
Actionable Strategies for 2024 and Beyond
To stay ahead in the evolving forex cashback landscape, traders should:
1. Use AI-powered cashback tools to automate tracking and maximize rebates.
2. Diversify across multiple brokers to exploit the best rebate rates.
3. Stay compliant with regulations by choosing transparent, licensed brokers.
4. Experiment with crypto and blockchain rebates for faster, decentralized payouts.
5. Engage with social trading cashback programs to earn from both active and passive trading.
Conclusion
The future of forex cashback strategies is dynamic, with AI, blockchain, and regulatory shifts reshaping how traders earn rebates. By staying informed and adapting to these trends, traders can optimize their cashback earnings well into 2024 and beyond. Whether through multi-broker diversification, crypto rebates, or automated tracking tools, the key lies in leveraging emerging opportunities while maintaining a disciplined trading approach.
For those looking to refine their forex cashback strategies, continuous learning and flexibility will be the ultimate drivers of long-term success.

FAQs: Best Forex Cashback Strategies (2024)
What are the best forex cashback strategies for high-volume traders?
High-volume traders should focus on:
– Negotiating custom rebate rates with brokers
– Scalping or day trading strategies to maximize frequent rebates
– Using ECN/STP brokers for tighter spreads and higher rebate potential
How do I choose the best forex cashback broker in 2024?
Look for brokers with:
– Transparent rebate structures (no hidden conditions)
– High rebate percentages per lot
– Fast and reliable payout schedules
– Positive trader reviews on rebate consistency
Can forex cashback strategies work for long-term investors?
Yes! Even swing traders and position traders benefit from forex cashback strategies by:
– Reducing overall trading costs
– Earning rebates on larger trade volumes
– Combining rebates with low-frequency, high-impact trades
What tools help optimize forex cashback earnings?
Automated rebate tracking software, VPS hosting for uninterrupted trading, and AI-driven analytics tools can help traders maximize rebates efficiently.
Are forex cashback rebates taxable?
This depends on your jurisdiction. In many countries, forex rebates are considered discounts rather than income, but always consult a tax professional.
How do I avoid scams in forex cashback programs?
- Verify broker regulation (FCA, ASIC, CySEC)
– Check for delayed or missing payouts in reviews
– Avoid brokers offering unrealistic rebate rates
What’s the future of forex cashback strategies?
Expect AI-powered rebate optimization, blockchain-based transparency, and more broker competition driving higher rebate offers in 2024.
Can I combine forex cashback with other bonuses?
Yes, but read the fine print—some brokers restrict cashback when using deposit bonuses. Always prioritize rebates with no restrictive conditions.