Say Affiliates has built a network of partnerships with over 100 reliable regulated brokerages across the globe — and the platform is using those relationships to deliver something that was previously inaccessible to most retail traders: a genuine, transparent, and scalable cashback programme that pays out on every single trade without exception.
The forex cashback industry has existed in various forms since the early 2000s. But for most of that time, it operated as an opaque, fragmented system — traders had to find individual rebate programmes for each broker, rates were hidden, and payouts were inconsistent. Say Affiliates has consolidated and transparent-ised this entire ecosystem into a single unified platform.
The Broker Partnership Model
Say Affiliates has established formal Introducing Broker (IB) agreements with each of its 100+ broker partners. Under these agreements, the platform receives a portion of the spread or commission generated by each trader it refers to the broker. This is standard practice in the brokerage industry — IBs have been compensated this way for decades.
What Say Affiliates has done differently is the distribution of that IB revenue. Rather than retaining the full commission, the platform pays the majority of it back to the trader, keeping a smaller margin to sustain operations. The result is a three-party win: the broker gets a client, the trader gets lower effective trading costs, and Say Affiliates earns a sustainable margin aligned with trading volume.
How Rates Are Determined
Cashback rates on Say Affiliates vary by broker, instrument, and account type. The key factors that determine the rate a trader receives are:
- Broker IB commission: Higher-commission brokers enable higher cashback rates. Say Affiliates negotiates rates based on expected referral volumes
- Instrument type: Cashback is typically highest on major forex pairs (EUR/USD, GBP/USD) and commodities (Gold, Oil). Exotic pairs and stocks may carry lower rates
- Account type: Raw/ECN accounts with commission-based pricing often carry higher cashback than spread-based standard accounts
- Trading volume: Some brokers offer tiered rates — higher monthly lot volumes unlock better cashback rates per lot
Withdrawal Options and Payout Process
Accumulated cashback is paid out monthly. Traders can choose from three withdrawal routes:
The Revolutionary Part: Transparency at Scale
What truly sets Say Affiliates apart in 2025 is not the cashback itself — it is the transparency. Every broker's rate, every instrument's cashback, and every payout calculation is visible and verifiable on the platform. Traders can see exactly what they will earn before they trade, track their earnings in real time, and verify that their payouts match the published rates.
This level of transparency is unprecedented in the cashback space. Competing services have historically used opaque rate structures, delayed reporting, and complex terms that made it difficult for traders to verify they were receiving what they were promised. Say Affiliates has built its platform with auditability as a core design principle.
Register free, choose from 100+ regulated brokers, and start earning cashback on every trade with full transparency on every rate and payout.