1 definition by Trader Jim

Top Definition
TradeBack is a commonly used term to describe 'cashback' loyalty schemes used in Financial markets such as: Spread Betting, CFD trading and FOREX trading.

The concept is based on the 'stake x spread/margin' for each trade, and a rebate (usually between 5% & 15%) is paid to the customer one month in arrears.
E.G. Stake (£2/pip) x Spread (5 pips) = £10 bet. On a 10% tradeback deal = £1 cashback or tradeback goes to the customer.
by Trader Jim October 19, 2009

The Urban Dictionary Mug

One side has the word, one side has the definition. Microwave and dishwasher safe. Lotsa space for your liquids.

Buy the mug