Sick of watching your hard-earned pips get eaten up by spread and commission? What if you could actually reclaim a slice of that cost, trade after trade… automatically? Introducing the Rebate Finder Bot EA V1.0 MT5, a free Expert Advisor on ForexFactory.cc powered by YoForex. This smart MT5 EA hunts the lowest-rebate opportunities across brokers, places your orders at just the right moments, and boosts your net returns—coz every rebate counts, right? No more manual checking, no more missed rebates; let the bot handle it while you focus on the bigger picture. Ready to stack those extra pips? Let’s break it down.


Overview


The Rebate Finder Bot EA V1.0 MT5 is engineered to snipe the best rebate windows across multiple brokers, automatically routing your trades through the most cost-effective venues. Behind the scenes, it constantly monitors spread tables, rebate tiers, and volume discounts, then optimizes order placement to maximize your rebate capture. You install it once, set your risk parameters, and the bot does the rest—no complicated setups or manual broker-hopping.


YoForex’s quant squad spent over eight months back-testing this EA on five major currency pairs, simulating 15,000+ trades under varied market conditions… and the live-demo results? Equally impressive. We ran it on a demo account for 90 days, logged consistent rebate gains of 0.3–0.8% per lot, and saw net performance upticks of 12% while keeping drawdowns under 6%. All fully transparent, all backed by raw data you can audit yourself.


Key Features


• Dynamic rebate-detection engine scans live broker feeds for max savings
• Auto-routing trades through lowest-cost venues in real time
• Compatible with all major Forex pairs and metals on MT5
• Adjustable lot-sizing based on rebate thresholds and risk limits
• Non-grid, non-martingale logic—pure rebate capture, no hidden risk
• Customizable slippage tolerance to protect order execution
• Built-in spread filter prevents trading during low-liquidity spikes
• Lightweight CPU load; runs smoothly alongside other EAs
• Alert notifications via MT5 mailbox, push, or email
• Comes with both “Default” and “Aggressive” presets for varying styles


How It Works



  1. Scan & Compare: Every tick, the EA pulls spread and rebate data from your broker and an external rebate database.

  2. Optimal Venue Selection: It computes net cost (spread minus rebate) and selects the best route.

  3. Order Placement: Executes market or pending orders through the optimal broker feed.

  4. Rebate Monitoring: Tracks settled rebates and adjusts future lot sizes to maintain target rebate gain.

  5. Risk Management: Enforces daily drawdown limits, automatic stop-loss, and breakeven triggers.


Backtest Proof & Live Performance


Our backtest spanned January 2019–December 2024 on EURUSD, GBPUSD, USDJPY, AUDUSD, and XAUUSD. Using the Default preset, we sampled 3,000 trades per pair:



  • Average net annual return: 24% (including rebates)

  • Max drawdown: 6.8%

  • Win rate: 72%

  • Sharpe ratio: 1.9


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Installation & Setup



  1. Download the Rebate_Finder_Bot_EA_V1.0.ex5 from ForexFactory.cc.

  2. Copy it to your MT5 folder under MQL5/Experts.

  3. Restart MetaTrader 5 so the EA populates in the Navigator.

  4. Attach “Rebate Finder Bot EA V1.0” to any chart (we recommend EURUSD H1 to start).

  5. Load the YoForex Default settings: Inputs → Load → YoForex_Rebate_Default.set.

  6. Tweak MinRebateFilter, MaxSpreadFilter, and your RiskPercent as desired.


Why YoForex-Powered Tools?


YoForex has been dishing out top-tier, 100% free trading tools since 2019. Here’s why traders stick with us:



  • Lifetime updates at zero cost

  • Community-driven enhancements—we listen, tweak, repeat

  • Transparent performance reports you can verify anytime

  • Dedicated dev team constantly hunting new edge-finders


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Dive deeper into our mission on the YoForex About Us page, or explore more of our creations in the EA section.


Support & Disclaimer


Stuck on settings or got a weird error? Reach out—real humans are standing by:



Disclaimer: Past performance doesn’t guarantee future results. This EA optimizes rebate capture, but market risk remains. Always demo-test before trading live, and use proper money management.


FAQ


Q: Which brokers work best with Rebate Finder Bot EA V1.0 MT5?
A: Any ECN-style broker offering rebate programs. We’ve tested with IC Markets, Pepperstone, and Tickmill, but you can add your own via the BrokerList input.


Q: Can I run multiple instances on different pairs?
A: Absolutely—you can attach the EA to multiple charts. Just ensure each instance has unique magic numbers to avoid order overlaps.


Q: How often are rebates updated?
A: The EA fetches fresh rebate rates every hour by default. You can adjust this via the RebateUpdateInterval setting from 30 minutes up to 6 hours.


Call to Action


Don’t let spread and commission quietly drain your account—turn the tables with Rebate Finder Bot EA V1.0 MT5. Download it free on ForexFactory.cc now, slap it on your MT5, and watch those rebates flow back into your P&L. And hey, remember: support’s on WhatsApp and Telegram anytime, totally free.