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Forex trading costs can silently eat into your profits, but there’s a powerful way to reclaim a portion of those fees—forex cashback programs. Designed to reward traders with rebates on every trade, these programs are transforming how investors approach currency markets in 2024. Whether you’re a high-volume trader or just starting out, understanding how FX rebates work could unlock significant savings, turning routine trades into opportunities for passive earnings. In this guide, we’ll break down the best forex cashback strategies, compare top providers, and reveal how to maximize your refunds without compromising your trading edge.
1. Understanding Forex Cashback Programs
Forex cashback programs have become an increasingly popular way for traders to reduce trading costs and maximize profitability. These programs offer rebates on transaction fees, spreads, or commissions, effectively putting money back into traders’ pockets with every executed trade. Whether you’re a high-frequency scalper or a long-term position trader, understanding how forex cashback programs work can help you make informed decisions and optimize your trading strategy.
What Are Forex Cashback Programs?
Forex cashback programs are incentive schemes offered by brokers, third-party providers, or affiliate platforms that return a portion of the trading costs to the trader. These rebates are typically calculated as:
- A fixed amount per lot traded (e.g., $2 per standard lot)
- A percentage of the spread or commission (e.g., 10% of the broker’s fee)
Unlike traditional loyalty programs, forex cashback is usually credited in real cash—either to the trading account, a bank account, or an e-wallet—rather than as bonus credits with restrictive withdrawal conditions.
How Do Forex Cashback Programs Work?
1. Broker-Provided Cashback
Some brokers offer built-in cashback programs where traders automatically receive rebates based on their trading volume. These are often part of premium account types or VIP membership tiers.
2. Third-Party Cashback Services
Independent platforms partner with multiple brokers to offer cashback deals. Traders sign up through these portals, and the third party shares a portion of the broker’s revenue with the trader.
3. Affiliate-Linked Cashback
Traders who join a broker via an affiliate link may receive cashback as an added incentive. Affiliates earn commissions from the broker and pass a percentage back to the trader.
Types of Forex Cashback Structures
- Spread-Based Cashback – Rebates are given as a percentage of the spread (e.g., 0.5 pips per trade).
- Commission-Based Cashback – Common in ECN/STP accounts where traders pay a fixed commission per trade.
- Volume-Based Cashback – Higher trading volumes unlock better rebate rates (e.g., $5 per lot for VIP clients).
## Why Should Traders Use Forex Cashback Programs?
1. Reduced Trading Costs
Forex trading involves spreads, swaps, and commissions, which can erode profits over time. Cashback programs help offset these costs, improving net profitability.
Example:
- A trader executes 100 standard lots per month with a $3 cashback per lot.
- Monthly rebate = 100 × $3 = $300 in savings.
### 2. Passive Earnings for All Trading Styles
Whether you’re a profitable trader or not, cashback ensures you recover some costs. Even losing trades generate rebates, making it a risk-mitigation tool.
3. Enhanced Broker Selection
Some brokers offer tighter spreads but higher commissions, while others have wider spreads but lower fees. Cashback can make a seemingly expensive broker more cost-effective.
4. Scalping & High-Frequency Trading Benefits
Since scalpers trade frequently, small cashback amounts accumulate quickly, significantly reducing overall expenses.
Potential Drawbacks & Considerations
While forex cashback programs are beneficial, traders should be aware of:
- Broker Reliability – Some brokers offering high cashback may have poor execution or hidden fees.
- Withdrawal Conditions – Ensure cashback is withdrawable and not locked behind bonus terms.
- Tax Implications – In some jurisdictions, cashback may be considered taxable income.
## How to Choose the Best Forex Cashback Program
1. Compare Broker & Third-Party Offers
– Check if the broker’s built-in cashback is better than third-party deals.
– Look for transparency in rebate calculations.
2. Evaluate Payout Frequency & Methods
– Some programs pay weekly, others monthly.
– Confirm payout methods (bank transfer, e-wallet, trading account credit).
3. Check Minimum Thresholds
– Certain programs require a minimum trading volume before payout.
4. Read User Reviews
– Verify the legitimacy of cashback providers through forums like ForexPeaceArmy or Trustpilot.
Final Thoughts
Forex cashback programs are a powerful tool for traders looking to minimize costs and enhance profitability. By understanding how these programs function and selecting the right one, traders can turn routine trading expenses into a steady stream of rebates. In the next section, we’ll explore how to maximize cashback earnings by combining different rebate strategies.
By leveraging forex cashback programs effectively, traders can ensure that every trade contributes not just to potential market gains but also to direct cost savings—making it a win-win in the competitive world of forex trading.
2. How to Choose the Best Forex Cashback Program
Forex cashback programs offer traders an excellent opportunity to reduce trading costs and maximize profitability. However, not all programs are created equal. Selecting the right one requires careful consideration of several factors, including broker partnerships, payout structures, and transparency. In this section, we’ll explore the key criteria to evaluate when choosing the best forex cashback program for your trading needs in 2024.
1. Reputation and Reliability of the Cashback Provider
Before committing to a forex cashback program, it’s essential to verify the credibility of the provider. A reputable cashback service should:
- Have a proven track record – Look for providers with positive reviews, testimonials, and a long-standing presence in the industry.
- Be affiliated with regulated brokers – Ensure the cashback provider partners with well-regulated brokers (e.g., FCA, ASIC, CySEC) to guarantee fund security.
- Offer transparent operations – Avoid providers with hidden fees or unclear payout policies.
Example: A well-known cashback provider like CashbackForex or ForexCashback has established relationships with top-tier brokers and offers reliable, timely payouts.
2. Broker Compatibility
Not all forex cashback programs work with every broker. Before signing up, confirm:
- Which brokers are supported – Some programs only partner with specific brokers, so ensure your preferred broker is included.
- Exclusive vs. non-exclusive deals – Some brokers offer higher rebates if you sign up through a particular cashback provider.
- Restrictions on existing accounts – Some programs only apply to new accounts, while others allow existing traders to enroll.
Pro Tip: If you’re already trading with a broker, check if retroactive cashback is available for past trades.
3. Cashback Structure and Payout Frequency
Different forex cashback programs offer varying rebate structures. Key aspects to compare include:
A. Fixed vs. Variable Rebates
- Fixed rebates – A set amount per lot (e.g., $5 per standard lot). Best for high-volume traders.
- Variable rebates – A percentage of the spread (e.g., 20% of the spread). More beneficial for traders dealing with tight spreads.
### B. Payout Thresholds and Frequency
- Minimum withdrawal limits – Some programs require a minimum balance (e.g., $50) before allowing withdrawals.
- Payout schedules – Weekly, monthly, or per-trade payouts. Choose one that aligns with your cash flow needs.
Example: A program offering $3 per lot with weekly payouts may be more appealing than one offering $5 per lot but with monthly withdrawals if you prefer frequent access to funds.
4. Transparency and Reporting
A trustworthy forex cashback program should provide:
- Real-time tracking – A dashboard showing rebates earned per trade.
- Detailed statements – Clear breakdowns of payouts, including trade volume and rebate calculations.
- No hidden deductions – Ensure there are no unexpected fees reducing your cashback.
Red Flag: If a provider doesn’t offer transparent reporting, it may be a sign of unreliable operations.
5. Additional Perks and Bonuses
Some forex cashback programs offer extra incentives, such as:
- Sign-up bonuses – One-time cash rewards for joining.
- Referral commissions – Earn extra by inviting other traders.
- Loyalty rewards – Higher rebates for long-term users.
Example: A program might offer an additional 10% cashback for the first three months or bonus payouts for trading above a certain volume.
6. Customer Support and Dispute Resolution
Reliable customer service is crucial in case of discrepancies. Look for:
- Responsive support – Live chat, email, or phone assistance.
- Clear dispute policies – How rebate disputes are handled (e.g., missing payouts).
Best Practice: Test their support responsiveness before fully committing.
7. User Reviews and Community Feedback
Before finalizing your choice, research:
- Independent reviews – Check forums like Forex Factory or Trustpilot.
- User experiences – Look for consistent complaints or praises about payout reliability.
Example: If multiple traders report delayed payments from a certain provider, it’s best to avoid them.
Conclusion: Steps to Select the Best Forex Cashback Program
To recap, follow this checklist when choosing a forex cashback program:
1. Verify the provider’s reputation (regulated, trusted reviews).
2. Ensure broker compatibility (supports your preferred broker).
3. Compare cashback structures (fixed vs. variable, payout frequency).
4. Check transparency (real-time tracking, no hidden fees).
5. Look for additional perks (bonuses, referral rewards).
6. Assess customer support quality (responsive, clear dispute handling).
7. Read user reviews (avoid providers with payout issues).
By carefully evaluating these factors, you can select a forex cashback program that maximizes your savings and enhances your trading profitability in 2024.
Next Step: Once you’ve chosen a program, learn how to optimize your cashback earnings in the next section.
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This structured guide ensures traders make an informed decision when selecting a forex cashback program, balancing reliability, transparency, and profitability. Let me know if you’d like any refinements!
3. Maximizing Cashback Earnings in 2024
Forex cashback programs offer traders an excellent opportunity to reduce trading costs and enhance profitability. However, simply enrolling in a cashback program isn’t enough—maximizing earnings requires a strategic approach. In this section, we’ll explore actionable strategies to help you get the most out of forex cashback programs in 2024.
1. Choose the Right Cashback Provider
Not all forex cashback programs are created equal. To maximize your earnings, you need a provider that offers competitive rebates, transparency, and reliability. Consider the following when selecting a cashback provider:
- Rebate Rates: Compare the percentage or fixed-rate rebates offered across different brokers. Some providers offer higher cashback for specific brokers or account types.
- Payment Frequency: Look for programs that pay out weekly or monthly rather than quarterly to improve liquidity.
- Broker Compatibility: Ensure the cashback provider supports your preferred forex brokers. Some programs are exclusive to certain brokers.
- Reputation: Read reviews and testimonials to verify the provider’s credibility. Avoid programs with a history of delayed or missing payments.
Example: If you trade with Pepperstone or IC Markets, compare cashback rates from providers like Cashback Forex or Forex Rebates to determine which offers the best return per lot traded.
2. Optimize Your Trading Volume
Since forex cashback is typically calculated based on trading volume (per lot or per trade), increasing your trading activity can amplify your earnings. However, this doesn’t mean overtrading—instead, focus on:
- Scaling Up Strategically: If you use a high-frequency trading strategy like scalping, your rebates will accumulate faster due to the high number of trades.
- Larger Position Sizes: Trading larger lot sizes (where appropriate for your risk management) can increase cashback without requiring additional trades.
- Consistency: Regular trading ensures a steady flow of rebates rather than sporadic payouts.
Pro Tip: Some cashback programs offer tiered rebates—higher trading volumes may qualify for increased rebate percentages. Check if your provider has volume-based incentives.
3. Combine Cashback with Broker Promotions
Many forex brokers run promotions such as deposit bonuses, reduced spreads, or commission-free trading. By pairing these offers with a cashback program, you can double-dip on savings.
- Deposit Bonuses: Some brokers match a percentage of your deposit, effectively increasing your trading capital. Cashback then further reduces your net costs.
- Tight Spreads & Low Commissions: Brokers with tight spreads minimize trading costs, allowing cashback to have a more significant impact on profitability.
- Exclusive Cashback Deals: Certain brokers partner with cashback providers to offer enhanced rebates for a limited time.
Example: A broker offering a 20% deposit bonus alongside a cashback program that pays $5 per lot can significantly improve your net trading gains.
4. Utilize Multiple Accounts Strategically
Diversifying your trading across multiple brokers with cashback programs can optimize earnings. Consider:
- Broker-Specific Rebates: Some brokers offer higher rebates than others. By splitting trades between brokers, you can capitalize on the best rates.
- Hedging Opportunities: Some traders use multiple accounts to hedge positions while still earning cashback on both sides of the trade.
- Regulatory Arbitrage: Different brokers may have varying fee structures based on jurisdiction. A cashback program can offset higher costs in certain regions.
Caution: Managing multiple accounts requires discipline to avoid overleveraging or increased complexity in tracking performance.
5. Monitor Rebate Calculations & Track Payouts
To ensure you’re receiving the correct cashback amounts:
- Review Trade Statements: Cross-check your trading volume with the rebates received. Discrepancies should be reported promptly.
- Use Tracking Tools: Some cashback providers offer dashboards that display pending and paid rebates in real time.
- Keep Records: Maintain a log of trades and expected rebates to verify payouts.
Example: If you traded 50 lots in a month at $3 per lot, your expected cashback should be $150. If the payout differs, follow up with the provider.
6. Reinvest Cashback into Trading
Instead of withdrawing cashback earnings, consider reinvesting them into your trading account to compound returns. This approach can:
- Increase Trading Capital: More capital allows for larger positions or additional trades, generating even more cashback.
- Improve Risk Management: Additional funds can be used to diversify strategies without increasing personal financial exposure.
Pro Tip: Some traders allocate cashback earnings specifically for high-risk, high-reward trades, keeping their primary capital reserved for conservative strategies.
7. Stay Updated on Program Changes
Forex cashback programs evolve, with brokers and providers adjusting rebate rates, terms, and conditions. To stay ahead:
- Subscribe to Provider Newsletters: Receive updates on rate changes or new broker partnerships.
- Join Trading Communities: Forums like Forex Factory or Reddit often discuss the latest cashback trends and best deals.
- Reassess Quarterly: Evaluate whether your current cashback provider still offers the best value or if switching could improve earnings.
## Conclusion
Maximizing cashback earnings in 2024 requires a combination of selecting the right provider, optimizing trading volume, leveraging broker promotions, and maintaining diligent tracking. By implementing these strategies, traders can significantly reduce costs and enhance profitability through forex cashback programs.
In the next section, we’ll explore common pitfalls to avoid when using cashback programs, ensuring you get the most value without compromising your trading success.
4. Top Forex Cashback Programs for 2024
Forex cashback programs have become an essential tool for traders looking to maximize their profitability by earning rebates on every trade. These programs help offset trading costs, making them particularly valuable for high-volume traders. In this section, we’ll explore the top forex cashback programs for 2024, highlighting their features, benefits, and how they can enhance your trading experience.
1. Cashback Forex
Overview
Cashback Forex is one of the most well-established forex cashback programs, offering rebates on trades executed through a vast network of partnered brokers. It supports major platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), ensuring compatibility with most traders’ preferred tools.
Key Features
- High Rebate Rates: Earn up to $8 per lot traded, depending on the broker.
- Wide Broker Network: Partners with over 50+ brokers, including IC Markets, Pepperstone, and XM.
- Flexible Payouts: Withdraw earnings via bank transfer, PayPal, or cryptocurrency.
- Real-Time Tracking: Monitor rebates through a transparent dashboard.
### Why Choose Cashback Forex?
Cashback Forex is ideal for traders who want consistent payouts and a diverse broker selection. Its user-friendly interface and reliable tracking system make it a top choice for both beginners and professionals.
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2. Forex Rebates
Overview
Forex Rebates is another leading cashback service, known for its high rebate rates and fast payouts. It caters to traders using popular brokers such as FXTM, FBS, and HotForex.
Key Features
- Competitive Rebates: Earn up to 90% of the spread as cashback.
- Multiple Payment Methods: Supports Skrill, Neteller, Bitcoin, and wire transfers.
- No Minimum Volume Requirement: Unlike some programs, Forex Rebates pays out regardless of trading volume.
- Dedicated Support: Offers 24/7 customer service for troubleshooting.
### Why Choose Forex Rebates?
This program is perfect for traders who prioritize high rebate percentages and flexible withdrawal options. The lack of minimum volume restrictions makes it accessible to all traders.
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3. FXPig Rebate Service
Overview
FXPig is a specialized forex cashback program that focuses on ECN and STP brokers, ensuring traders receive the best possible rebates on low-spread accounts.
Key Features
- ECN-Focused Rebates: Ideal for scalpers and high-frequency traders due to tight spreads.
- Transparent Reporting: Provides detailed monthly statements for tracking earnings.
- High Payout Frequency: Offers weekly or monthly withdrawals.
- Broker Flexibility: Works with brokers like Tickmill, Vantage FX, and FP Markets.
### Why Choose FXPig?
If you trade on ECN brokers, FXPig ensures you maximize savings on spreads, making it a top choice for professional traders.
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4. ForexCashback.org
Overview
ForexCashback.org is a global cashback service that supports traders across multiple regions, including Europe, Asia, and the Americas.
Key Features
- Multi-Broker Support: Partners with Exness, RoboForex, and OctaFX.
- Lifetime Rebates: Continue earning even if you switch brokers under the same program.
- No Hidden Fees: All rebates are 100% commission-free.
- Referral Bonuses: Earn extra by inviting other traders.
### Why Choose ForexCashback.org?
This program is excellent for traders who want lifetime cashback benefits and a global broker network.
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5. IB Cashback
Overview
IB Cashback is tailored for introducing brokers (IBs) and affiliates, offering an additional revenue stream alongside standard rebates.
Key Features
- Dual Earnings: Earn cashback + IB commissions.
- High-Volume Incentives: Larger traders receive custom rebate deals.
- Broker-Specific Promotions: Exclusive offers with brokers like AvaTrade and FXCM.
### Why Choose IB Cashback?
If you’re an affiliate or high-volume trader, this program maximizes earnings through combined rebates and commissions.
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How to Choose the Best Forex Cashback Program
When selecting a forex cashback program, consider:
1. Rebate Rates – Higher payouts per lot mean greater savings.
2. Broker Compatibility – Ensure your preferred broker is supported.
3. Payout Frequency – Weekly, monthly, or on-demand withdrawals.
4. Payment Methods – PayPal, crypto, or bank transfers.
5. Additional Perks – Referral bonuses, lifetime rebates, or IB incentives.
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Final Thoughts
Forex cashback programs in 2024 offer traders an easy way to reduce trading costs and increase profitability. Whether you’re a scalper, day trader, or long-term investor, leveraging these programs can significantly impact your bottom line.
By comparing the top forex cashback programs outlined above, you can select the best option based on your trading style, preferred brokers, and payout preferences. Start earning rebates today and keep more of your trading profits in 2024!
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Next Steps:
- Sign up for a cashback program that fits your needs.
- Link your trading account to start earning rebates.
- Monitor payouts and optimize your trading strategy for maximum cashback.
By integrating these programs into your trading routine, you’ll ensure that every trade contributes to your savings. Happy trading!
5. Common Pitfalls & How to Avoid Them
Forex cashback programs offer traders an excellent opportunity to reduce trading costs and maximize profits. However, like any financial incentive, these programs come with potential pitfalls that can undermine their benefits if not navigated carefully. In this section, we’ll explore the most common mistakes traders make when using forex cashback programs and provide actionable strategies to avoid them.
1. Ignoring the Fine Print: Hidden Terms & Conditions
The Pitfall
Many traders sign up for forex cashback programs without thoroughly reviewing the terms and conditions. Some brokers impose restrictions, such as:
- Minimum trading volume requirements
- Limitations on eligible account types
- Exclusions on certain trading instruments (e.g., exotic currency pairs)
- Delayed or conditional payouts
Failing to understand these conditions can lead to disappointment when expected rebates don’t materialize.
How to Avoid It
- Read the full terms before enrolling in any forex cashback program.
- Look for transparency in payout structures—reputable programs clearly state their conditions.
- Verify whether the cashback applies to all trade types (e.g., scalping, hedging) or only specific strategies.
Example: A trader expecting cashback on every trade may later discover that only standard lots qualify, leaving their micro-lot trades ineligible.
2. Choosing the Wrong Cashback Provider
The Pitfall
Not all forex cashback providers are equal. Some may:
- Offer misleadingly high rebate rates but have unreliable payment systems.
- Be affiliated with untrustworthy brokers, increasing counterparty risk.
- Have poor customer support, making it difficult to resolve disputes.
### How to Avoid It
- Research the provider’s reputation—check reviews on ForexPeaceArmy, Trustpilot, and trader forums.
- Opt for well-established cashback platforms like CashbackForex, ForexRebates, or FXPig.
- Verify broker partnerships to ensure they are regulated (e.g., FCA, ASIC, CySEC).
Example: A trader using an unregulated cashback provider might find their rebates withheld due to sudden broker insolvency.
3. Overlooking Broker Spreads & Commissions
The Pitfall
Some brokers compensate for cashback incentives by widening spreads or charging higher commissions. If the rebate doesn’t offset these costs, the trader may end up losing more than they save.
How to Avoid It
- Compare net trading costs—calculate whether the cashback outweighs the broker’s fees.
- Test the broker’s execution quality with a demo account before committing real funds.
- Prefer brokers with tight spreads + cashback rather than those with inflated spreads.
Example: A broker offers 1 pip cashback but has spreads 2 pips wider than competitors—effectively negating the benefit.
4. Focusing Solely on Cashback Without Considering Trading Performance
The Pitfall
Traders may become overly fixated on maximizing cashback, leading to:
- Overtrading to meet volume requirements.
- Ignoring risk management in pursuit of higher rebates.
- Choosing brokers based solely on cashback rather than execution quality.
### How to Avoid It
- Prioritize profitable trading strategies—cashback should be a bonus, not the primary goal.
- Avoid excessive trading just to earn rebates; stick to your trading plan.
- Use cashback as a way to reduce losses, not as a substitute for sound trading discipline.
Example: A trader executes 50 extra trades per month just to qualify for a rebate, only to lose more from poor trade decisions.
5. Assuming All Cashback Programs Are the Same
The Pitfall
Traders sometimes assume that all forex cashback programs function identically, leading to missed opportunities. Variations include:
- Fixed vs. variable rebates (some programs offer higher payouts for major currency pairs).
- Tiered structures (higher volumes may unlock better rates).
- Loyalty bonuses (long-term users may receive additional perks).
### How to Avoid It
- Compare multiple programs to find the best fit for your trading style.
- Check whether the program offers scaling rebates—higher payouts for increased trading activity.
- Look for additional benefits like referral bonuses or VIP tiers.
Example: A high-volume trader could earn significantly more with a tiered rebate system but misses out by sticking to a flat-rate program.
6. Neglecting Tax Implications
The Pitfall
Forex cashback is often considered taxable income, yet many traders fail to account for this in their financial planning.
How to Avoid It
- Consult a tax professional to understand reporting requirements in your jurisdiction.
- Keep detailed records of all cashback earnings for accurate tax filing.
- Some countries treat rebates as a reduction in trading costs rather than income—verify local regulations.
Example: A trader unaware of tax obligations may face penalties for unreported cashback earnings.
Conclusion: Maximizing Forex Cashback Programs Wisely
Forex cashback programs can be a powerful tool for reducing trading costs, but only if used strategically. By avoiding these common pitfalls—such as ignoring fine print, choosing unreliable providers, or overtrading—you can ensure that your cashback earnings genuinely enhance profitability.
Key Takeaways:
✔ Always review program terms before enrolling.
✔ Select reputable cashback providers with transparent payout systems.
✔ Compare net trading costs to ensure cashback isn’t offset by higher fees.
✔ Maintain disciplined trading—don’t let rebates dictate your strategy.
✔ Stay informed about tax obligations related to cashback earnings.
By following these guidelines, you can leverage forex cashback programs effectively, turning them into a sustainable advantage in your trading journey.
8 FAQs About Forex Cashback Programs
What is a forex cashback program, and how does it work?
A forex cashback program refunds a portion of the spread or commission you pay on trades. When you trade through a partnered broker, the cashback provider tracks your activity and pays you rebates per lot or per trade, either daily, weekly, or monthly.
How do I choose the best forex cashback program in 2024?
Key factors to consider:
– Broker compatibility (ensure your broker is supported)
– Rebate rates (higher payouts mean more savings)
– Payout reliability (check reviews for consistent payments)
– Additional perks (bonuses, referral programs, or trading tools)
Can I combine forex cashback with other trading bonuses?
Yes! Many brokers allow cashback alongside deposit bonuses or loyalty rewards, but always check terms to avoid conflicts. Some forex cashback programs even offer exclusive bonuses for high-volume traders.
Are forex cashback programs worth it for small traders?
Absolutely. Even small traders benefit from reduced trading costs over time. Some programs offer fixed rebates per trade, making them valuable regardless of account size.
What are the biggest mistakes traders make with forex cashback?
Common pitfalls include:
– Choosing unreliable providers (leading to unpaid rebates)
– Ignoring broker restrictions (some brokers exclude certain accounts)
– Over-trading just for cashback (stick to your strategy)
How do I maximize my forex cashback earnings?
- Trade more lots (higher volume = more rebates)
– Use multiple cashback programs (if allowed by brokers)
– Refer other traders (many programs offer referral bonuses)
Do forex cashback programs work with all brokers?
No—only partnered brokers qualify. Always verify if your broker is supported before signing up. Some forex cashback providers list hundreds of brokers, while others specialize in a few.
Are forex cashback rebates taxable?
This depends on your country’s tax laws. In some regions, cashback is considered a rebate (non-taxable), while others treat it as income. Consult a tax professional for guidance.