“Maximizing Forex Rebates: Top 5 Brokers Offering the Highest Cashback in 2024”

Introduction Paragraph:
In the competitive world of forex trading, every pip saved translates to higher profits—and one of the most overlooked ways to boost your returns is through forex rebates brokers. These cashback programs refund a portion of your trading costs, effectively lowering spreads and commissions while you trade. Whether you’re a high-volume scalper or a long-term investor, understanding how to leverage forex rebate programs can significantly enhance your profitability. In this guide, we’ll reveal the top 5 brokers offering the highest cashback in 2024, break down how rebates work, and share expert strategies to maximize your earnings. Ready to turn your trading costs into rewards? Let’s dive in.

1. Understanding Forex Rebate Fundamentals

Forex trading is a dynamic and highly competitive market where traders seek every possible advantage to maximize profitability. One such advantage is leveraging forex rebates brokers, which offer cashback incentives on trades. Understanding how forex rebates work, their benefits, and their impact on trading strategies is essential for traders looking to optimize their returns.

What Are Forex Rebates?

Forex rebates, also known as cashback rebates, are partial refunds paid to traders for every executed trade, regardless of whether the trade is profitable or not. These rebates are typically offered by specialized rebate providers or directly through forex rebates brokers as an incentive to attract and retain traders.

How Forex Rebates Work

When a trader executes a trade (buy or sell) in the forex market, the broker earns a commission or spread. Rebate programs return a portion of this revenue back to the trader. The process works as follows:
1. Trader Opens an Account – The trader registers with a broker that supports rebates or partners with a rebate provider.
2. Trades Are Executed – Every trade (lot size) generates a small rebate.
3. Rebates Are Accumulated – The rebate amount is calculated based on the trader’s volume and the broker’s payout structure.
4. Cashback Is Paid – Rebates are paid daily, weekly, or monthly, depending on the broker’s policy.
For example, if a broker offers a rebate of $2 per standard lot (100,000 units), a trader who executes 50 lots in a month would receive $100 in cashback, regardless of their trading performance.

Types of Forex Rebates

Forex rebates can be categorized into two main types:

1. Direct Broker Rebates

Some forex rebates brokers offer cashback programs directly to their clients. These are often part of loyalty or volume-based incentive programs.
Example:

• A broker may provide $5 per lot for standard accounts and $7 per lot for VIP traders.

### 2. Third-Party Rebate Providers
Independent rebate services partner with multiple brokers to offer cashback deals. Traders sign up through these providers to receive additional rebates on top of the broker’s standard offerings.
Example:

• A third-party provider like CashBackForex or ForexRebates.com may offer an extra $1 per lot on top of the broker’s existing rebate.

## Why Forex Rebates Matter for Traders

1. Reduced Trading Costs

Forex spreads and commissions can significantly eat into profits, especially for high-frequency traders. Rebates help offset these costs, improving net profitability.
Practical Insight:

• A trader paying $10 in spreads per lot but receiving a $3 rebate effectively reduces their cost to $7 per lot.

### 2. Passive Income Stream
Even losing trades generate rebates, meaning traders can earn cashback irrespective of market performance.

3. Incentive for High-Volume Traders

Scalpers and algorithmic traders who execute hundreds of lots per month can accumulate substantial rebates, sometimes amounting to thousands of dollars annually.

4. Broker Neutrality

Since rebates are paid regardless of trade outcome, traders can focus on strategy execution without worrying about broker bias.

Key Factors Influencing Forex Rebates

Not all rebate programs are equal. Traders should evaluate the following when choosing forex rebates brokers:

1. Rebate Amount per Lot

• Standard accounts may offer $1–$5 per lot, while VIP or institutional accounts can provide higher payouts.

### 2. Payment Frequency

• Some brokers pay daily, others weekly or monthly. Frequent payouts improve liquidity for active traders.

### 3. Minimum Withdrawal Threshold

• Certain brokers require a minimum rebate balance (e.g., $50) before allowing withdrawals.

### 4. Eligible Account Types

• Rebates may apply only to specific accounts (ECN, STP) or exclude certain trading strategies (arbitrage).

### 5. Transparency & Reliability

• Reputable forex rebates brokers provide clear rebate statements and timely payouts.

## Potential Drawbacks of Forex Rebates
While rebates offer clear advantages, traders should be aware of potential downsides:

• Broker Restrictions – Some brokers may limit rebates for scalpers or high-frequency traders.
• Tax Implications – Rebates may be taxable income depending on jurisdiction.
• Over-Trading Risk – Traders might execute unnecessary trades just to earn rebates, leading to poor strategy decisions.

## Conclusion
Understanding forex rebate fundamentals is crucial for traders aiming to maximize profitability. By partnering with the right forex rebates brokers, traders can significantly reduce costs, generate passive income, and enhance their overall trading performance. The next step is identifying the top brokers offering the highest cashback in 2024—ensuring traders get the best value for their trading volume.
In the following sections, we’ll explore the top 5 forex rebates brokers of 2024, their payout structures, and how to choose the best program for your trading style.

2. Top 5 Forex Rebates Brokers in 2024

For active forex traders, maximizing profitability isn’t just about executing winning trades—it’s also about minimizing costs. One of the most effective ways to reduce trading expenses is by leveraging forex rebates brokers, which offer cashback on every trade, regardless of whether it’s a win or a loss. In 2024, several brokers stand out for their competitive rebate programs, providing traders with an extra edge in the markets.
Below, we’ve compiled a detailed review of the top 5 forex rebates brokers in 2024, evaluating their cashback structures, trading conditions, and overall reliability.
—

1. IC Markets – Best Overall Forex Rebates Broker

Why IC Markets?

IC Markets is a globally recognized broker known for its tight spreads, lightning-fast execution, and generous forex rebates program. The broker partners with multiple rebate providers, allowing traders to earn cashback on every lot traded.

Rebate Structure:

• Up to $7 per standard lot (varies based on trading volume).
• Rebates paid daily, weekly, or monthly.
• Available on all account types (Raw Spread, Standard, and cTrader).

### Key Features:

• Regulated by ASIC, CySEC, and FSA.
• Ultra-low spreads from 0.0 pips.
• Supports MetaTrader 4, MetaTrader 5, and cTrader.

### Practical Example:
A trader executing 100 standard lots per month could earn $700 in rebates, significantly offsetting trading costs.
—

2. Pepperstone – Best for High-Volume Traders

Why Pepperstone?

Pepperstone is a top-tier broker offering some of the highest forex rebates in the industry, particularly for high-volume traders. The broker’s Razor account is ideal for scalpers and day traders seeking maximum cashback.

Rebate Structure:

• Up to $6 per standard lot (scales with trading volume).
• Instant rebate tracking via third-party providers.
• No restrictions on trading strategies.

### Key Features:

• Regulated by ASIC, FCA, and CySEC.
• Tight spreads and fast execution.
• Advanced trading tools (cTrader, MT4/MT5).

### Practical Example:
A trader generating 500 lots per month could receive $3,000 in rebates, making Pepperstone a lucrative choice for professionals.
—

3. FP Markets – Best for MetaTrader Users

Why FP Markets?

FP Markets excels in offering competitive forex rebates alongside deep liquidity and institutional-grade trading conditions. The broker is particularly favored by MetaTrader users due to its seamless integration with rebate programs.

Rebate Structure:

• Up to $5 per standard lot.
• Weekly payouts with no minimum threshold.
• Rebates apply to forex, indices, and commodities.

### Key Features:

• Regulated by ASIC and CySEC.
• Raw ECN spreads from 0.0 pips.
• Supports MT4, MT5, and IRESS for advanced traders.

### Practical Example:
A trader placing 200 lots per month earns $1,000 in cashback, reducing overall trading costs by a substantial margin.
—

4. XM – Best for Beginner Traders

Why XM?

XM combines user-friendly trading conditions with attractive forex rebates, making it ideal for beginners and intermediate traders. The broker offers multiple account types, including Micro and Zero accounts, with rebates available across all.

Rebate Structure:

• Up to $5 per lot (depending on rebate provider).
• No minimum trading volume required.
• Rebates credited directly to the trading account.

### Key Features:

• Regulated by ASIC, CySEC, and IFSC.
• Over 1,000 trading instruments.
• Free educational resources and webinars.

### Practical Example:
A new trader executing 50 lots per month still earns $250 in rebates, helping offset initial learning costs.
—

5. FBS – Best for Emerging Market Traders

Why FBS?

FBS is a popular choice among traders in emerging markets due to its flexible forex rebates program and low entry barriers. The broker offers multiple cashback options, including fixed rebates and volume-based incentives.

Rebate Structure:

• Up to $4 per standard lot.
• Rebates available on Cent, Standard, and Zero Spread accounts.
• Fast withdrawals with no hidden fees.

### Key Features:

• Regulated by CySEC and IFSC.
• Leverage up to 1:3000 (for professional traders).
• Copy trading and social trading integration.

### Practical Example:
A trader in Southeast Asia executing 300 lots per month could receive $1,200 in rebates, enhancing overall profitability.
—

Final Thoughts: Choosing the Best Forex Rebates Broker

Selecting the right forex rebates broker depends on your trading style, volume, and preferred instruments. High-volume traders may prefer Pepperstone or IC Markets, while beginners might find XM or FBS more accessible.

Key Considerations When Choosing a Rebate Broker:

1. Rebate Amount – Higher per-lot payouts mean greater savings.
2. Payout Frequency – Daily, weekly, or monthly withdrawals.
3. Broker Regulation – Ensure the broker is licensed for security.
4. Trading Conditions – Low spreads and fast execution enhance profitability.
By leveraging forex rebates brokers, traders can significantly reduce costs and boost long-term returns. In 2024, the brokers listed above provide the best combination of cashback incentives, reliability, and trading efficiency.
For traders serious about maximizing profits, signing up with a top-tier forex rebates broker is a strategic move that pays dividends with every trade.

3. Comparing Rebate Structures

When selecting a forex rebates broker, understanding the nuances of different rebate structures is crucial for maximizing cashback returns. Rebate programs vary widely among brokers, with differences in payout frequency, calculation methods, and eligibility criteria. This section provides a detailed comparison of rebate structures offered by leading forex rebates brokers, helping traders identify the most lucrative options in 2024.

Types of Rebate Structures

Forex rebates brokers typically offer one of the following rebate structures:

1. Fixed Rebate per Lot

A fixed rebate per lot is the most straightforward structure, where traders receive a predetermined cashback amount for each standard lot (100,000 units) traded.

• Example: Broker A offers $7 per lot traded, regardless of currency pair or spread.
• Pros: Predictable earnings, easy to calculate.
• Cons: Less advantageous for high-spread pairs where trading costs may outweigh rebates.

### 2. Variable Rebate Based on Spread
Some brokers adjust rebates dynamically based on the spread of the traded instrument. Wider spreads often yield higher rebates to compensate for increased trading costs.

• Example: Broker B provides a rebate of 0.3 pips per trade on EUR/USD (typically a tight spread) but 0.8 pips on exotic pairs like USD/TRY.
• Pros: Better compensation for volatile or illiquid pairs.
• Cons: Rebates fluctuate, making earnings less predictable.

### 3. Tiered Volume-Based Rebates
Tiered rebate structures reward traders with higher cashback rates as their trading volume increases. This model incentivizes active traders to maximize their rebate potential.

• Example: Broker C offers:

– $5 per lot for 0-50 lots/month
– $6 per lot for 51-200 lots/month
– $7 per lot for 200+ lots/month

• Pros: Encourages higher trading activity with escalating rewards.
• Cons: Requires significant volume to unlock the best rates.

### 4. Percentage-Based Rebates
Instead of a fixed amount, some forex rebates brokers offer a percentage of the spread or commission as cashback.

• Example: Broker D returns 20% of the spread paid on each trade.
• Pros: Scales with trade size—higher spreads yield larger rebates.
• Cons: Less transparent than fixed rebates; harder to estimate earnings.

## Key Factors to Compare When Evaluating Rebate Structures

1. Payout Frequency

• Daily: Ideal for scalpers and high-frequency traders who need frequent liquidity.
• Weekly/Monthly: Suitable for swing or position traders who prefer consolidated payouts.

### 2. Minimum Thresholds
Some brokers impose minimum withdrawal thresholds (e.g., $50), which can delay access to rebates for smaller traders.

3. Rebate Eligibility

• Restricted Instruments: Certain brokers exclude exotic pairs or CFDs from rebate programs.
• Account Types: ECN accounts may offer higher rebates than standard accounts due to lower base spreads.

### 4. Payment Methods

• Direct bank transfers, e-wallets (Skrill, Neteller), or trading account credits.
• Some brokers charge fees for withdrawals, reducing net rebate value.

## Practical Insights: Which Rebate Structure is Best for You?

For Scalpers & High-Volume Traders

• Preferred Structure: Fixed or tiered rebates (higher volumes unlock better rates).
• Example: A trader executing 300 lots/month with Broker C earns $7 per lot ($2,100/month) instead of $5 ($1,500/month) at lower tiers.

### For Swing Traders & Long-Term Investors

• Preferred Structure: Percentage-based or variable rebates (compensates for wider spreads on held positions).
• Example: A swing trader holding USD/ZAR positions benefits from Broker B’s 0.8 pip rebate on high-spread exotics.

### For Low-Volume Traders

• Preferred Structure: Fixed rebates (consistent payouts despite smaller trade sizes).
• Example: A part-time trader generating 20 lots/month still earns $140 with Broker A’s $7/lot model.

## Case Study: Comparing Top Forex Rebates Brokers in 2024
| Broker | Rebate Type | Rate (per lot) | Payout Frequency | Minimum Threshold |
|————|—————-|——————–|———————-|———————-|
| Broker X | Fixed | $8 | Weekly | $30 |
| Broker Y | Tiered | $5-$9 (volume-based) | Monthly | $50 |
| Broker Z | Variable (spread-based) | 0.2-1.0 pips | Daily | $20 |
Analysis:

• Broker X is ideal for traders seeking simplicity and frequent payouts.
• Broker Y suits high-volume traders willing to trade more for better rates.
• Broker Z benefits those trading exotic pairs with wider spreads.

## Conclusion
Choosing the right forex rebates broker requires a careful assessment of rebate structures, payout terms, and trading style compatibility. Fixed rebates offer stability, while variable and tiered models provide scalability for active traders. By comparing these factors, traders can align with a broker that maximizes their cashback potential in 2024.
For the best results, always verify rebate terms directly with forex rebates brokers and consider testing multiple programs to determine the most profitable fit.

4. Advanced Rebate Maximization Tactics

While selecting the right forex rebates brokers is crucial, traders must also employ advanced strategies to maximize their cashback earnings. Rebates can significantly enhance profitability, but only if leveraged effectively. This section explores sophisticated tactics to optimize rebate returns, ensuring traders extract the highest possible value from their trading activity.

1. Volume-Based Rebate Tiers

Many forex rebates brokers offer tiered rebate structures, where higher trading volumes unlock better cashback rates. Traders should analyze their typical monthly volume and aim to reach the next tier for increased payouts.

Practical Steps:

• Monitor Your Monthly Volume: Track your trades to identify if you’re close to a higher rebate threshold.
• Consolidate Trading Activity: Instead of splitting trades across multiple brokers, focus on a single high-rebate broker to accumulate volume faster.
• Strategic Scaling: If nearing a volume milestone, slightly increase trade sizes to qualify for better rates.

Example: A broker may offer:

• 0.8 pips per lot for 0-100 lots/month
• 1.0 pips per lot for 101-500 lots/month
• 1.2 pips per lot for 500+ lots/month

By pushing from 90 to 110 lots, a trader can boost rebates by 25%.

2. Combining Rebates with Low-Spread Accounts

Some brokers provide tighter spreads on ECN or Raw Spread accounts but exclude rebates. However, certain forex rebates brokers allow cashback even on low-spread accounts, amplifying savings.

Execution Strategy:

• Compare Net Costs: Calculate whether a standard account (higher spread + rebate) or an ECN account (lower spread + possible rebate) yields better net savings.
• Use Rebate Calculators: Many brokers and rebate providers offer tools to compare net costs under different account types.

Example:

• Standard Account: Spread = 1.5 pips, Rebate = 0.7 pips → Net cost = 0.8 pips
• ECN Account: Spread = 0.2 pips, Rebate = 0.1 pips → Net cost = 0.1 pips

In this case, the ECN + rebate combination is superior.

3. Multi-Account Rebate Stacking

Some traders operate multiple accounts under the same broker or across different forex rebates brokers to maximize rebate potential.

Tactical Approaches:

• Split Large Trades: Instead of executing a 10-lot trade in one account, split it into two 5-lot trades across two rebate-linked accounts.
• Use Family or Partner Accounts: Some brokers allow rebates for referred accounts, enabling traders to earn from their own secondary accounts.

Caution: Ensure compliance with broker terms to avoid rebate disqualification.

4. Leveraging High-Frequency & Scalping Strategies

Rebates are volume-based, making high-frequency trading (HFT) and scalping ideal for maximizing cashback.

Optimization Tips:

• Focus on High-Liquidity Pairs: Major forex pairs (EUR/USD, USD/JPY) often have tighter spreads, allowing more frequent trades without excessive slippage.
• Automate Trading: Use algorithmic strategies to execute a high number of small trades, accumulating rebates efficiently.

Example: A scalper making 50 trades/day (1 lot each) at 0.5 pips rebate earns 25 pips daily—translating to substantial monthly gains.

5. Rebate Boosts from Promotions & Seasonal Offers

Top forex rebates brokers occasionally run limited-time promotions, such as:

• Double Rebate Weeks
• Bonus Cashback for New Pairs
• Volume-Based Incentives

### Action Plan:

• Subscribe to Broker Newsletters: Stay updated on exclusive rebate boosts.
• Plan High-Volume Trades During Promotions: Execute larger trades when rebates are temporarily increased.

## 6. Hedging Strategies to Generate Rebate Arbitrage
Sophisticated traders use hedging techniques to lock in rebates while minimizing risk.

How It Works:

1. Open opposing positions on two different forex rebates brokers.
2. Earn rebates on both sides while maintaining a neutral market exposure.
Example:

• Buy EUR/USD on Broker A (earns rebate)
• Sell EUR/USD on Broker B (earns rebate)
• Net position is flat, but rebates are collected on both trades.

Risk Consideration: Ensure both brokers allow hedging and won’t penalize such strategies.

7. Selecting the Best Rebate Payment Structure

Rebates can be paid:

• Per Trade (Fixed cashback per lot)
• Percentage of Spread (Variable based on trading cost)

### Choosing the Right Model:

• High-Volume Traders: Fixed per-lot rebates are preferable.
• Low-Spread Traders: Percentage-based rebates may yield more.

## Conclusion
Maximizing forex rebates requires more than just selecting high-paying forex rebates brokers—it demands strategic execution. By leveraging volume tiers, combining rebates with low-spread accounts, stacking multi-account benefits, and capitalizing on promotions, traders can significantly enhance their cashback earnings. Advanced tactics like hedging arbitrage and high-frequency trading further optimize returns, turning rebates into a powerful profit-boosting tool.
Implement these tactics with discipline, and your rebate earnings will compound, giving you an edge in the competitive forex market.

5. Future Trends in Forex Rebates

The forex rebates industry is evolving rapidly, driven by technological advancements, regulatory changes, and shifting trader preferences. As traders increasingly seek ways to maximize profitability, forex rebates brokers are adapting their offerings to stay competitive. In this section, we explore the key future trends shaping forex rebates and how traders can leverage them for higher cashback returns.

1. AI and Automation in Rebate Calculations

Artificial Intelligence (AI) and automation are revolutionizing how forex rebates brokers process and distribute cashback. Traditionally, rebate calculations were manual, leading to delays and potential errors. However, AI-powered systems now enable:

• Real-time rebate tracking – Traders can monitor their rebates instantly, improving transparency.
• Automated payouts – Brokers are integrating smart contracts and blockchain to ensure timely, error-free payments.
• Personalized rebate structures – AI analyzes trading behavior to offer customized cashback rates based on volume, frequency, and strategy.

Example: Some brokers now use machine learning to adjust rebate tiers dynamically, rewarding high-frequency traders with better rates.

2. Expansion of Cryptocurrency Rebates

With the growing adoption of crypto trading, forex rebates brokers are introducing Bitcoin and altcoin-based cashback programs. Key developments include:

• Crypto-denominated rebates – Traders receive rebates in Bitcoin, Ethereum, or stablecoins instead of fiat.
• Hybrid forex-crypto rebates – Brokers offer cashback on both forex and crypto trades, appealing to diversified traders.
• Blockchain-based transparency – Distributed ledger technology ensures immutable rebate records, reducing disputes.

Practical Insight: Traders who prefer crypto rebates benefit from potential appreciation in digital asset values, adding another layer of profitability.

3. Tiered and Dynamic Rebate Structures

Static rebate models are becoming obsolete as brokers shift toward tiered and dynamic rebate programs. Future trends include:

• Volume-based escalations – Higher trading volumes unlock progressively better rebate rates.
• Activity-based incentives – Brokers reward consistent trading activity rather than just raw volume.
• Seasonal promotions – Limited-time rebate boosts during high-volatility events (e.g., FOMC meetings, NFP releases).

Example: A broker may offer 0.8 pips per lot for the first 100 lots traded monthly, increasing to 1.2 pips after exceeding 500 lots.

4. Regulatory Influence on Rebate Transparency

Regulators are scrutinizing forex rebates brokers to ensure fair practices. Future compliance trends include:

• Mandatory rebate disclosures – Brokers must clearly outline rebate terms in client agreements.
• Anti-conflict measures – Preventing brokers from manipulating spreads to offset rebate costs.
• Standardized reporting – Regulatory bodies may enforce uniform rebate tracking and auditing.

Practical Insight: Traders should prioritize brokers adhering to ESMA, FCA, or ASIC guidelines to avoid unethical rebate schemes.

5. Social Trading and Rebate Integration

Social trading platforms are merging with rebate programs, creating new opportunities:

• Copy trading rebates – Followers earn cashback on trades copied from top-performing investors.
• Affiliate hybrid models – Traders receive rebates plus commissions for referring new users.
• Community-driven incentives – Brokers offer bonus rebates for active participation in trading forums.

Example: A broker might provide an extra 10% rebate boost for traders who share strategies in their community hub.

6. Increased Broker Competition and Rebate Wars

As more traders demand cashback, forex rebates brokers are engaging in aggressive marketing tactics:

• Sign-up rebate bonuses – New accounts receive higher introductory rebate rates.
• Loyalty multipliers – Long-term clients get progressively better cashback terms.
• Exclusive VIP rebates – High-net-worth traders negotiate bespoke rebate deals.

Practical Insight: Traders should compare multiple brokers to capitalize on the best short-term promotions and long-term rebate structures.

Conclusion: Adapting to the Future of Forex Rebates

The future of forex rebates is dynamic, with AI, crypto integration, and regulatory changes reshaping the landscape. Traders who stay informed and align with forward-thinking forex rebates brokers will maximize their cashback potential. By leveraging tiered structures, automation, and social trading incentives, traders can turn rebates into a significant secondary income stream.
To stay ahead, monitor industry updates and reassess your broker’s rebate program regularly—ensuring you always secure the highest possible returns on every trade.

FAQs: Maximizing Forex Rebates & Choosing the Best Brokers

What are the key benefits of using a forex rebates broker?

• Reduced trading costs: Rebates offset spreads/commissions.
• Passive income: Earn cashback even on losing trades.
• Higher profitability: Scalpers and high-volume traders benefit most.

How do I choose the best forex rebates broker in 2024?

Look for:

• High rebate percentages (e.g., $5–$10 per lot).
• Transparent payout terms (weekly/monthly withdrawals).
• Trusted regulation (FCA, ASIC, CySEC).
• No hidden restrictions on trade volume or strategies.

Can I combine forex rebates with other promotions?

Yes! Many brokers allow stacking rebates with welcome bonuses, deposit matches, or loyalty rewards. However, always check terms—some exclude rebates during bonus periods.

Which trading strategies work best with forex cashback programs?

• Scalping & high-frequency trading: More trades = more rebates.
• News trading: Rebates cushion volatility risks.
• Long-term position trading: Lower rebate impact but still beneficial.

Are there risks with forex rebates brokers?

While rebates themselves are risk-free, some brokers may:

• Restrict withdrawals if rebates exceed profits.
• Offer inflated rebates but have poor execution.
• Require high minimum volumes to qualify.

How do forex rebate structures differ between brokers?

Some brokers offer:

• Fixed rebates per lot (e.g., $7/lot).
• Percentage-based rebates (e.g., 20% of spread).
• Tiered programs (higher volumes = better rates).

Will forex rebates affect my taxes?

In most jurisdictions, rebates are taxable as income. Consult a tax professional, as rules vary by country.

What’s the future of forex rebates programs?

Expect:

• AI-powered rebate optimization for traders.
• Crypto payouts for faster, lower-cost withdrawals.
• More broker competition, driving higher rebate offers.