About Vida Markets
Vida Markets, founded in 2020 and headquartered in Kingstown, St. Vincent and the Grenadines, is a Forex and CFD broker offering trading on over 53 instruments, including 34 currency pairs, equities, indices, commodities, and cryptocurrencies. Operating globally with offices in Cyprus, Dubai, and South Africa, it emphasizes innovative technology, competitive trading conditions, and customer service in over 15 languages. However, its regulatory status and mixed reviews raise concerns for some traders.
Broker Rebates
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Information about the broker
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Customer Support
Live Chat
Phone: +6495585142
Email: support@blackbull.com
Cashback payment details
- Rebate Rate: 90 %
- Payment Method: Automated
- Accrual Period: Weekly
- Account transfer: Available
Available cashback
- Forex
- Metals
- Oil
- Crypto
- Crypto
Our Partner Code
Our Affiliate link
Rebate Rates
Account Type | Asset Type | Rebate (USD/lot) | Accrual period |
AF-Global | FX Metals Indices Oil Crypto | $3.00 $4.00 $0.80 $0.80 $0.80 | Weekly |
AF-Pro | FX Metals Indices Oil Crypto | $2.00 $2.00 $0.80 $0.80 $0.80 | Weekly |
Broker Info
Regulation:
Regulated by the Financial Sector Conduct Authority (FSCA) of South Africa (license no. 42734) and registered in Cyprus (company no. 440690). Vida Markets operates under Vida Global Markets Ltd and VDM Consultancy DMCC (Dubai). It previously held Financial Commission membership, which was withdrawn, and some sources flag it as an “NFA Suspicious Clone” in the US, raising regulatory concerns.
Account Types:
Offers three account types with a $100 minimum deposit:
⦁ STP Account: Spread-based (from 1.2 pips), commission-free, ideal for beginners.
⦁ Raw Account: Commission-based ($5 per lot round-turn), tighter spreads (from 0.1 pips), suited for experienced traders.
⦁ Swap-Free (Islamic) Account: No overnight fees, same leverage as others.
Platforms:
Supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and VM Social (a copy-trading app). MT4/MT5 offer advanced charting and technical indicators, while VM Social enables automated copy trading and community engagement. The proprietary VM Trade platform supports multi-asset trading.
Leverage:
Up to 1:1000 across all accounts (e.g., 1:200 for BTC CFDs), which is high compared to compliant brokers (10:1 to 100:1), increasing both potential returns and risks.
Spreads and Fees:
Competitive spreads (0.1 pips on Raw, 1.2 pips on STP). Raw accounts incur a $5 round-turn commission per lot. No deposit fees, but withdrawal fees and processing times are not clearly disclosed, raising transparency concerns.
Deposits and Withdrawals:
Supports multiple methods (credit/debit cards, Skrill, Neteller, bank transfers) in USD, EUR, and GBP. Same-day deposits and withdrawals are available, depending on the method, but lack of fee transparency is a drawback.
Education and Support:
Provides Vida Intel, a hub with webinars, videos, trading guides, and market analysis (e.g., S&P 500 insights). Support is available 24/5 in languages like English, Spanish, and French, but criticized for slow responses.
Trading Options
Minimum Deposit: 1
Max Leverage: 1:500
Minimum lot size: 0.01
- Swap free accounts
- Accounts for funds manager
- Mobile trading
- Scalping allowed
- Trailing stops
- Segregated accounts
- Demo Account
- Hedging allowed
- EA allowed
Cashback Details
The BDSwiss cashback program, is designed to reduce trading costs for clients by offering a portion of the transaction cost back on each trade, regardless of whether the trade is profitable. This program is available to all retail account types—Cent, Classic, VIP, Raw, and Premium
Traders can earn up to $7.00 US per lot back on FX trades with BD Swiss by using our unique referral links. This is an exclusive offer and in addition to FX assets, traders can also earn on Metals, Indices and Crypto assets.
Simply use our link for sign up or email the BD Swiss support teams to add our referral code onto your account, then once verified, you will start to earn the cashback straight into your BD Swiss account.
How It Works
When you open a BlackBull Markets account through Cashback Trades IB link, BlackBull shares a portion of the spread or commission with the us, and Cashback Trades then passes 90% of that back to you. This reduces trading costs without affecting spreads or trading conditions. To link an existing account, you must email BlackBull Markets support at partners@blackbull.com with a request to transfer your account to the Cashback Trades IB group (partner group 3496) and add your account number to your Cashback Trades profile. Approval takes about one business day.
FAQ
The Vida Markets Cashback Program, also known as a Forex rebate program, allows traders to receive a portion of their trading costs (spreads or commissions) back for each trade, whether profitable or not. It reduces trading expenses and is offered our unique link, as Vida Markets does not advertise a direct cashback program.
All Vida Markets retail clients with STP, Raw, or Swap-Free (Islamic) accounts are eligible, except in jurisdictions with regulatory restrictions (e.g., US, due to NFA regulations). New clients can join via our link. Existing clients can link their accounts to an affiliate’s Introducing Broker (IB) code or open a new account.
Rebate rates vary by affiliate, account type, and instrument:
⦁ Forex: Up to 0.5 pips per standard lot (e.g., $5 per 100,000 units of EUR/USD).
⦁ Metals (e.g., Gold): $0.30–$1 per lot (100 oz).
⦁ Indices/Energies: Often $0.30 per lot, depending on the affiliate.
For example, trading 20 lots of EUR/USD at 0.5 pips could yield $100 monthly. High-volume traders may negotiate higher rates with affiliates like FxRebate. No rebates are offered for hedged positions or certain CFDs.
Affiliates receive commissions from Vida Markets for referred trades and share a portion (e.g., up to 85%)with traders. This lowers the effective spread (e.g., a 1.2-pip spread with a 0.5-pip rebate becomes 0.7 pips). Rebates are credited daily or monthly via bank wire, PayPal, Skrill, or Neteller, depending on the affiliate.
No, Cashback trades ensures spreads and commissions remain unchanged. Rebates come from the affiliate’s commission, not additional trader costs. Vida Markets maintains standard conditions, but confirm with affiliates to avoid providers that inflate spreads.
- New Clients: Open a Vida Markets account via our link. Submit ID (e.g., passport, driver’s license) and verify eligibility with the affiliate.
- Existing Clients: Contact Vida Markets support (support@vidamarkets.com) to link your account to our affiliate’s IB code or open a new account with a different email via the affiliate. Approval typically takes a few hours. Some affiliates may require a new account for rebates.
⦁ Lowers trading costs (e.g., $100 for 20 Forex lots at 0.5 pips).
⦁ Offers daily or monthly payouts with flexible withdrawal options (PayPal, Skrill, bank wire).
⦁ No minimum volume requirement, suitable for all traders.
⦁ Transparent tracking via affiliate dashboards.
⦁ No impact on spreads or commissions.
⦁ High-volume traders can access higher rates through affiliates.
