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The Aslan
Group offer a Forex
Rebate Service.
It’s very simple:
1. You join a broker following our instructions which place The Aslan Group as your “referrer”.
2. As the Introducing Broker on your account, The Aslan Group is paid a commission from your trading.
3. The Aslan Group pay the majority of their commission back to you as rebates. There are a few guidelines you must follow when opening your account to ensure that The Aslan Group receive the commissions, and all brokers vary on their requirements, but in general the process is very easy and takes no more than 30 seconds longer than it would to sign up for a “normal” account.
BEWARE:
Many people wonder what the “catch” is and what the worst case scenario/risk could be to dealing with a Forex rebate company. The main risk is simply that the service provider runs off with the commissions instead of sharing them with you as promised. In this case, you would merely go to another company and stop generating commissions for them by continuing to trade. It would be a useless business model which wouldn’t survive more than a month or two!
The Aslan Group have worked with DonnaForex since
early 2009
and have worked with many satisfied traders. The Aslan Group and
DonnaForex both operate with a high
degree of transparency and integrity, and have built their respective
businesses on this foundation. The Aslan Group is based in Canada and
run by
brothers Gavin and Ryan and The DonnaForex forum is run by Donna in the
UK.
Why Don’t The Aslan Group Have a Website?
The primary focus of The Aslan Group has always been service. They recognize that a website would result in increased growth but for now they are more than satisfied with the pace at which their business is expanding. According to Gavin, the fact that they don’t have a website allows them to engage their clients on a different level and provide more personal service. They have referred thousands of accounts since 2008 when they first entered this market and they are proud of the fact that was accomplished through the testimonies and referrals of satisfied clients.
If you email Gavin or Ryan, you will get a detailed and considered email response and they will take time to answer your questions fully. The rebates themselves are very competitive and in some cases the absolute best you will find anywhere on the net.
Gavin has indicated that they will eventually launch a website but in the meantime you don’t need to worry about The Aslan Group “getting lost”. They have a home here on the DonnaForex Forum and will always be contactable through this website. How Rebates are Paid
Let’s say you earn $100 of rebates in February. By the middle of March (maybe slightly longer for some brokers), you will be sent $100 direct to your Paypal or Moneybookers ( Skrill )account.
For those higher volume traders, you also have the option to receive payment by wire transfer.
You will be paid automatically each month and sent a statement detailing your rebate volume. Once you have opened your account and confirmed everything with The Aslan Group, there is nothing further to do, just sit back, trade and wait for the rebates to come into your account. How Rebates are Calculated
Details can vary from broker to broker, so check out the individual broker pages below for information, but here is a rough guide based on a trader who gets a 0.35/lot rebate:
Suppose you like to trade EURUSD and GBPUSD and In February, you traded a total of 50 lots. This is a combined total of trades placed during the calendar month. For instance, a person closing 10 trades of 5 standards lots or someone closing 5000 trades of 0.01 lots will both generate a total monthly volume of 50 lots.
With a rebate level of 0.35 pips/lot you will receive approximately $3.50 for each lot traded which in this case equals a rebate of $175.00 ( 50 lots x $3.50 ).
If you trade at a broker where you receive 0.70 pips/lot as your rebate then this same volume will generate approximately $350.00 ( 50 lots x $7.00 ) Should my choice of broker be determined by the highest rebate?
No! Higher rebates are more attractive to some
traders, they
earn much more rebate income for you, and they are more profitable for
The
Aslan Group too. However, this does not make it the right option! The
right way
to approach your choice of broker is to look for the one which is best
suited
to your trading style. If you are a very short term trader or a scalper
for
instance, the brokers which pay out large rebates are probably not for
you,
because they often have the more difficult trading environments with
larger
spreads. OK, so you might earn only half the rebate income with a
different,
more suitable broker, but don’t forget to factor in your actual trading
profits, there is no sense in trading with a broker and collecting all
those
rebates if ultimately you end up losing your account due to the trading
conditions. It is a bit of a minefield since the quality of the broker
isn’t
easily correlated to the rebate on offer, so jumping in with the lowest
one
also isn’t a solution. As with anything in Forex, those who take the time to research the best solution for themselves will go the furthest, and if you need any guidance then you can always contact DonnaForex or The Aslan Group and let them know your trading style and they will give you options to consider.
Contact The Aslan Group
Want to have a chat, have a problem, or any questions to ask? Email admin@theaslangroup.biz and speak to Gavin or Ryan. Alternatively, contact Donna at admin@donnaforex.com Ready to trade with us…?
Go ahead and click on one of the broker links below, and follow the instructions to get started!
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