PAYBACKFX Reviews 371

TrustScore 4 out of 5

4.2

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Rated 5 out of 5 stars

Reliable and fast service. Totally recomend it. Withdraw is almost instant ( within minutes on Skrill)

Company replied

Rated 5 out of 5 stars

I’ve been using PaybackFX for some time now and I am thoroughly impressed. The setup process was seamless, and the rebates are paid out exactly as promised. It’s a fantastic way to reduce trading cost... See more

Company replied

Rated 5 out of 5 stars

Hello, You are awesome - the PayBackFX Team. Highly recommend PayBackFX. Their rates are one of the highest, if not the highest. But that isn't the important point. They do function fast, correc... See more

Company replied

Rated 5 out of 5 stars

To be honest, after almost 7 years since I opened PAYBACKFX, I could not believe how much I had accrued over the years. Though very little compared to what traders with large funds would get, it was... See more

Company replied

Company details

Written by the company

PAYBACKFX is brought to you by the same team that developed Myfxbook. We've identified the need for a superior rebate service over existing ones and got to work - the result is PAYBACKFX - the best rebate service on the market.


Contact info

4.2

Great

TrustScore 4 out of 5

371 reviews

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Replied to 100% of negative reviews

Typically replies within 1 week

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Rated 4 out of 5 stars

i cant log in anymore or withdraw..

i been using about 2 years i guess and its really awsome but from yesterday i couldnt log in anymore. i bben trying to log in to check my pay..but no more ...oi wish its not scam, lie others.

July 11, 2023
Unprompted review
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Reply from PAYBACKFX

Dear client, I apologize for the inconvenience. Unfortunately, our data center is experiencing a connectivity issue on their end which prevents access from outside the data center. We are waiting for an update from their tech team, it takes longer than we have expected.
Please note that the rebates are still generated to your account and once the issue will be resolved it will all sync back.

Rated 5 out of 5 stars

They are Real

To be honest, after almost 7 years since I opened PAYBACKFX, I could not believe how much I had accrued over the years. Though very little compared to what traders with large funds would get, it was very delightful to use the crypto option to withdraw my rebates which hit my exchange within 3 mins.
What a delight indeed. I recommend them to every trader out there.

July 5, 2023
Unprompted review
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Reply from PAYBACKFX

Thank you for your feedback!

Rated 4 out of 5 stars

Great service

I have been using paybackfx in about 4 months now and I have connected 3 live acounts. So far I have collected almost 900Usd and I have made 3 times withdrawals. Except some technical issues that they had the last everything is great. Especially the support team is amazing more specifically "Oliver" the guy ho helped me to solve an technical issue they had and to conect my 4th account. Now I see everything works well again. You should give them a try.

June 15, 2023
Unprompted review
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Reply from PAYBACKFX

Hello Gerald,

Thank you for your feedback!

Rated 5 out of 5 stars

The best service

The best experience. Everything works without any problems. Payment is approved very fast

June 28, 2023
Unprompted review
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Reply from PAYBACKFX

Thank you for your feedback!

Rated 5 out of 5 stars

It’s first time i used Paybackfx

It’s first time i used Paybackfx, to be honest this was too good to be true at the begining, i just wanted to give a shot since i’m not losing anything… but my surprise they paid me 2 minutes after i requested withdrawal…
Thank you guys keep it up the good work 🙏

June 21, 2023
Unprompted review
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Reply from PAYBACKFX

Thank you for your feedback!

Rated 5 out of 5 stars

Good service

I have been using their service for several years, always on time and fast with payments. Good support

May 8, 2023
Unprompted review
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Reply from PAYBACKFX

Thank you for your feedback!

Rated 1 out of 5 stars

You're never gonna get the commission!!!

They wrote on their website that payment will be released from 1st - 10th monthly. Last time, they released it on the 3rd April. Now it's more than one month and I cannot have my commission available.

Tried to email and they said they're still waiting for broker to pay them, which is ridiculous. Cause Forex4you broker pay them daily, I know it cause I was an IB of that broker and I know how it works.
Their support also said that there is no exact estimate time for the availability of payment, which means people might have to wait for ever? Is that something you wrote on your site?

Would you be happy if one day you used the same delay service as your site is providing? And don't wonder why people keep voting 1-star feedbacks since you're showing yourself not trustworthy and not legit.

Guys, check those 5-star review, it's not even real people just some random clone they created to vote themselves year by year.

Plus, they will absolutely ignore your further message/ email.

This feedback stays forever here, even on more review-site if problem not solved shortly.

May 8, 2023
Unprompted review
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Reply from PAYBACKFX

Dear client,

I would like to address the claims you wrote.
Our website clearly states that the we collect the funds from each broker once a month and we USUALLY do it between the 1st and the 10th, please note that delays can occur which is why we do not commit to these specific dates. For the great majority of times we are able to transfer the funds between the specified dates.

Even though the rebate data is updated daily, the funds themselves are transferred once a month.

After the transfer request is made it usually takes a few days for the funds to be transferred which is why we cannot give an exact estimate.

We did reply to every single support request you sent and did not ignore it as you are claiming.

We are doing our best to make every client happy and will continue to do so.
I appreciate your feedback nevertheless and we will make efforts to improve on it.

Rated 5 out of 5 stars

Love this company

Love this company, getting 48% of commissions back is a lovely extra treat 💯😅💪🏼👌🏼

April 30, 2023
Unprompted review
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Reply from PAYBACKFX

Thank you for your feedback!

Rated 4 out of 5 stars

Until 18th of April no problems but…

Until 18th of April no problems but after rebates from IC Markets are not coming through anymore. I've asked for clarification but no proper answer.

April 28, 2023
Unprompted review
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Reply from PAYBACKFX

Thank you for your feedback!
There is a temporary issue with IC Markets account for clients from Europe due to new regulations of the broker, there is a notice on the website and an automatic email was sent to all relevant clients.

Rated 5 out of 5 stars

Fastest money witdraw and lowest fee

Hi, I'm a new Forex trader. I know this site by myfxbook ad. It took around 2 weeks to get a rebate and just a few minutes to withdraw to my Skrill. It works so well and easily. I'm happy with it. btw I use IC Markets

April 27, 2023
Unprompted review
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Reply from PAYBACKFX

Thank you for your feedback!

Rated 4 out of 5 stars

Good overall experience once verification was completed.

Received payment to my Paypal within minutes, which was great. Only had two issues. One was with verification but that handled quickly, and two, there's a fee for Paypal even though the app says there is no fee. Overall my first withdrawal went well. I use Axi as my broker.

April 25, 2023
Unprompted review
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Reply from PAYBACKFX

Thank you for your feedback!
We do not charge PayPal fees however PayPal will charge your account for an incoming payment according to their conditions.

Rated 5 out of 5 stars

Great job

Great job, fast Withdrawal as always.

April 24, 2023
Unprompted review
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Reply from PAYBACKFX

Thank you for your feedback!

Rated 5 out of 5 stars

Very fast withdrawal process in 2 minutes

I been using PaybackFX for 2 months now. And I just did my first withdrawal yesterday and 2nd withdrawal today via Skrill. The approval is very fast. Within 2 minutes, withdrawal is already in my Skrill account. The quick processing is just awesome. Well-recommended for those who wants to earn from their personal trading. Keep it up. Thank you so much team. :)

April 20, 2023
Unprompted review
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Reply from PAYBACKFX

Thank you for your feedback!

Rated 5 out of 5 stars

Change my payment method…

I wanted to change my payment method from Paypal to Perfect Money. The support was kind enough to help me do that, And the second thing is that the withdrawal took less than 10min.

April 11, 2023
Unprompted review
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Reply from PAYBACKFX

Thank you for your feedback!

Rated 1 out of 5 stars

There's better rebate website out there.

I use XM Broker to join with PAYBACKFX. They will withheld and put your rebates on pending forever and delaying payment. Whenever you ask them, they will blame broker doesn't pay them but in fact, XM pay their IB every Tuesday and Thursday. I have almost USD 10k rebate on my account and of course, it's already 11th of April today and my previous month rebate are still on pending. If Paybackfx wants to stay on the business, they shouldn't lie to their clients and withheld funds at pending column forever, in fact it should be release ASAP.

It's time to CHANGE service since they don't do what they should as promise, so they don't deserve to earn my trading rebate shares. There's many better service out there especially for XM and I will never turn my head back to Paybackfx after 2 months using their service.

April 11, 2023
Unprompted review
PAYBACKFX logo

Reply from PAYBACKFX

We collect the funds from each broker separately, once a month, the funds are always collected for the previous month. Please note that XM processes the rebates up until the 20th of the month and that the broker pays the rebates with a week delay, which means the last of the month will always be part of the next month's report.
Once the funds are collected the balance will be immediately available for withdrawal.
This fund collection nature is very standard as many other services offers.

We do not hold the funds, and there are many bank processes required for the funds to be released on your end, we do our best to release them ASAP.

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