HFM rebates are a way for traders to get part of their trading costs back when they use an HFM account linked to the right partner. Even so, plenty of traders are still unclear on where the money actually comes from, how it is calculated, whether it affects their spread, and how to sign up for it in the first place.
In this article, Backcom.io answers the common questions about HFM rebates — also called HF Markets rebates, or simply Backcom on our platform — and walks through how to link your account, check your trades and receive the money, in plain language.
What Are HFM Rebates?
HFM rebates return part of your trading costs when you trade at HFM, provided you registered through one of the broker’s IB partners (such as Backcom.io). The amount is normally calculated from your eligible trading volume — for example, the number of lots closed during the reconciliation period.
Put simply, when you trade at HFM:
- HFM pays commission to the IB partner based on the client’s trading activity.
- The IB shares part of that commission back with the trader.
- You keep trading your HFM account exactly as usual, and receive the rebate on top.
An HFM rebate is not investment profit, and it does not depend on whether a trade closes in profit or at a loss. It is a refund of trading costs you have already incurred, which lowers your total cost of trading when you trade regularly.
HF Markets rebates and HFM rebates are the same thing, because HFM is the brand name used by HF Markets. You will come across both wordings when searching for information about the programme.
Where Does the Rebate Money Come From?
The money behind HFM cashback comes from the partner commission HFM pays to the IB (such as Backcom.io). It is not deducted from your trading balance.
The flow of funds works like this:
So the rebate:
- Is not taken out of your trading profit.
- Is not a loan or an advance.
- Does not change the profit or loss on any trade.
- Is only credited on trades that meet the rebate conditions.
How much you receive depends on your trading volume, your account type, the instruments you trade and the commission policy in force at the time.
See also: the list of forex brokers Backcom.io currently offers rebates on
How Are HFM Rebates Different From an HFM Bonus?
Rebates and bonuses both add something for the trader, but they work in completely different ways.
| Criterion | HFM rebate | HFM bonus |
|---|---|---|
| Source of funds | IB partner commission | HFM’s own promotional programme |
| How it is credited | Based on eligible trades | Based on each promotion’s conditions |
| Purpose | Refund part of the trading cost | Support capital or encourage trading |
| Conditions of use | Per the rebate policy | May require a deposit, volume or a deadline |
| Withdrawable | Per the rebate provider’s rules | Depends on each bonus’s terms |
You can receive a rebate without treating it as a bonus at all. Either way, check the rebate programme’s conditions and HFM’s promotional terms separately before you sign up.
How Do HFM Rebates Work?
The mechanism runs on trade tracking: the system follows the trades generated by an HFM account that is linked to a Backcom.io partner code. When you close an eligible trade, the volume is recorded, reconciled and used as the basis for the rebate.
For trades to be recorded correctly, the account has to be linked to the right partner before the trades are placed. Positions opened before the link was established may fall outside the scope of the rebate.
The Relationship Between Trader, HFM and the IB Partner
Three parties are involved:
- The trader: opens the account, deposits funds and places the trades.
- HFM: provides the platform, the instruments and the trading services.
- The IB partner: introduces clients and earns commission under HFM’s partner policy.
Backcom.io acts as that IB partner and shares part of the commission back to the trader as a rebate.
Joining a rebate programme does not change who controls the account. You still log in, trade, deposit and withdraw directly on HFM’s own system.
Do Winning and Losing Trades Both Earn a Rebate?
HFM cashback is normally calculated on eligible trading volume, not on whether an individual trade won or lost.
For example, two trades of 1 lot each — one closed in profit, one at a loss — can earn the same rebate, provided they are on the same account type and instrument and meet the same conditions.
In other words, the rebate follows the volume you actually traded, not whether you were right about the market.
How Are HFM Rebate Rates Calculated?
HFM rebate rates are not a single flat number for every trade. They depend on your eligible lot volume and on the rebate policy applied to your account. The rebate is usually expressed as a USD amount per lot, or as a share of the commission HFM credits to the IB partner.
Check the current figures on the HFM rebate table at the time you trade, because the policy can differ between instruments and account types.
What Affects the Amount You Receive
The size of your rebate usually comes down to these factors:
- Trading volume: the more eligible lots you close, the more the rebate accumulates.
- HFM account type: Cent, Premium, Pro and Zero each have a different spread, commission and partner-commission structure.
- Instrument traded: forex, gold, indices, energies and other CFDs carry their own rates.
- Commission policy: what HFM pays its partners can change by product group and over time. (At Backcom.io it can reach up to 28.00 USD per gold lot.)
- Backcom.io’s share-back ratio: the rebate depends on how much of the commission is passed on to you.
- Confirmed volume: only trades that clear reconciliation count toward the rebate.
That is why two traders who both trade 1 lot can receive different amounts if they are on different account types or trading different instruments.
Formula and Worked Example for HFM Rebate Rates
When the rate is quoted in USD per lot, you can estimate your rebate accurately with this formula:
Rebate = eligible lots traded × rebate rate per lot
Example: say you trade gold with
- an eligible volume of 5 lots
- a rebate rate at Backcom.io of 18 USD per gold lot traded
The rebate you actually receive is:
18 × 5 = 90 USD
If you trade several instruments at different rates, work each group out separately:
Total rebate = forex rebate + gold rebate + rebate on other instruments
Example: your trading data looks like this
- Forex: 10 lots × 8 USD = 80 USD
- Gold: 5 lots × 18 USD = 90 USD
Your expected total rebate is:
80 USD + 90 USD = 170 USD
Note: the figures above only illustrate the method. Check your confirmed trading volume and the HFM rebate rates currently applied on Backcom.io to see your real amount.
How to Claim HFM Rebates Through Backcom.io
To receive HFM rebates, your HFM account has to be registered or linked under Backcom.io’s partner code. Depending on whether you already hold an HFM account, take one of the two routes below.
Opening a New HFM Account Through the Partner Link
If you do not have an HFM account yet, the process runs as follows.
Step 1: Open your account using the details in the box below.
Register a HFM account to unlock a new-trader BONUS and full Backcom 100% privileges today!
Code:
Step 2: Complete identity verification with a national ID, driving licence or passport.
Step 3: Choose the trading account type you want (Cent, Premium, Pro or Zero), deposit and start trading as normal.
Backcom.io currently offers two HFM linking options:
- No Markup: the link in the box above, which keeps HFM’s standard spread.
- Markup 1: a marked-up spread structure with a higher rebate rate. (You can read more here.)
A few things to keep in mind:
- Compare the actual spread and the rebate rate of each option before registering, rather than looking at the rebate figure alone.
- A Markup 1 account carries a wider spread — roughly one extra pip — so the trading cost is higher, but the rebate per lot is higher too. Work out the net cost after the rebate for the way you actually trade.
- You need to register through the correct Backcom.io link from the outset. An account opened directly on the HFM website without a partner code attached may not be recognised for rebates.
Adding or Switching the HFM Partner Code on an Existing Account
If you already have an HFM account, you do not have to register a whole new profile. You can add Backcom.io’s HFM partner code directly in the HFM app:
Step by step:
- Log in to the HFM app.
- On the app home screen, tap “More” and find “Set Partner & Campaign ID“.
- Enter the partner code: 30513100.
- Check the code is correct and tap ✅ to confirm.
- Contact Backcom.io support to verify the link status.
Important:
- After the partner switch goes through, you need to create a new trading account inside your HFM profile before rebates start.
- Trading accounts created before the partner code was added may not be moved into the rebate system automatically.
If any of the steps are unclear, this video walks through them:
Do HFM Rebates Affect Your Trading?
Claiming HFM rebates does not change how you place orders, manage risk or use your account. You still log in and trade directly on MT4, MT5 or the HFM app; Backcom.io only records the data HFM reconciles in order to refund part of your trading cost.
Backcom.io does not hold funds inside your HFM account, has no ability to open or close positions, and never asks for withdrawal rights. Your results still depend on your strategy, market conditions and HFM’s execution.
Do Spread, Commission and Execution Change?
As mentioned above, the effect on your trading cost depends on which link you use and which HFM account type you hold:
- No Markup: the spread stays at HFM’s standard level, with the matching rebate rate.
- Markup 1: the spread is adjusted higher, but the rebate per lot is higher as well.
- Commission: depends on the HFM account type. Some accounts charge none, while the Zero account applies commission by volume.
- Execution: orders are still filled on HFM’s own system and platforms; Backcom.io does not handle pricing or execution.
So do not compare rebate rates in isolation. What matters is the net cost after the rebate.
When Trades Do Not Qualify for a Rebate
Some trades are not credited with partner commission by HFM, so no rebate arises. The common cases are shown below:
In particular, if you already had an HFM account, you must create a new trading account once the partner code has been added. Continuing on the old account may leave those trades outside the rebate system.
If your rebate has not appeared, check the partner code, the trading account number, when the trade was opened and its reconciliation status before contacting support.
Frequently Asked Questions About HFM Rebates
When Is the Rebate Credited?
The rebate is updated once the trade has closed and HFM has completed reconciliation. It can take longer if the trading data has not yet been confirmed.
Can I Get a Rebate on an Existing HFM Account?
Yes. You can add Backcom.io’s partner code to your existing HFM profile. Once the link succeeds, create a new trading account to start receiving the rebate.
How Do I Check That My Account Is Linked to Backcom.io?
Send your email, UID or HFM account number to Backcom.io support and they will check the link status for you.
What If My HFM Rebate Has Not Arrived?
Check that the account is linked to the correct partner, that the trade has closed, and that it was placed on an eligible account. If the money still has not arrived, contact Backcom.io for a reconciliation check.
Are HFM Rebates and HF Markets Rebates Different?
No. HFM is the brand of HF Markets, so HFM rebates and HF Markets rebates refer to exactly the same programme.
