Trading can be a tricky game to get your head around — one that can involve big risks and, for independent retail traders, structural disadvantages that most don't even know exist. Say Affiliates has entered the market with a simple proposition: stop letting brokers keep the entire spread and start paying a portion of it back to the people who generate it.
The global retail forex market now serves an estimated 9 million independent traders. These are individuals trading from home, managing their own risk, making their own decisions — without the institutional infrastructure, the volume discounts, or the broker relationships that large trading firms enjoy. They pay retail spreads, retail commissions, and retail swap rates. And for the most part, they have no access to the rebate arrangements that their institutional counterparts take for granted.
The Problem Say Affiliates Is Solving
When a trader opens a EUR/USD position with a spread of 0.7 pips on a standard lot, the broker earns approximately $7 in revenue from that single trade. A fraction of that — typically $3–$6 depending on the broker — is shared with the introducing broker who referred the client. In the traditional model, that IB keeps the entire rebate.
Say Affiliates has restructured this relationship. By acting as the IB for its registered users and passing the IB commission directly back to traders, the platform has created a mechanism that was previously only available to institutional participants. The trader sees lower effective costs. The broker still earns their portion of the spread. And Say Affiliates operates on a sustainable margin — aligned with the trader's volume rather than opposed to it.
How Independent Traders Are Benefiting
The practical impact of cashback on an independent trader's bottom line is significant — and it compounds over time. Consider a trader who places 15 standard lots per month on EUR/USD at a $7.50/lot cashback rate:
This is money that would otherwise have remained with the brokerage — not as a result of poor trading, but simply as a structural fee for accessing the market. Say Affiliates eliminates this inefficiency for any trader who registers with the platform before opening a broker account.
Changing the Power Dynamic in Retail Trading
The significance of Say Affiliates goes beyond individual cashback amounts. It represents a shift in the power dynamic between brokers and retail traders. For years, the incentive structure of the forex industry has been misaligned — brokers benefited most when traders traded more, and IB affiliates benefited from referrals regardless of whether the trader succeeded or failed.
Say Affiliates' model aligns its own revenue with the trader's activity rather than the broker's profit from that activity. The more a trader trades — and the better they trade (since profitable traders trade longer) — the more both the trader and Say Affiliates earn. This creates a genuinely aligned relationship that is rare in the retail trading space.
What Makes the Platform Different
- No cost to traders: Registration is free and there are no platform fees deducted from cashback earnings
- No broker change required: If your current broker is already in the network, simply register and link your existing account
- Real-time tracking: A live dashboard shows every trade, every cashback earned, and running totals updated in real time
- Multiple withdrawal options: Bank transfer, e-wallet, and crypto withdrawal options available
- Multi-asset coverage: Cashback applies to forex, commodities, indices, stocks and crypto CFDs
- Transparent rates: Every broker's cashback rate is published openly on the platform — no hidden conditions
Register free, choose your broker, and join thousands of independent traders already recovering spread costs through Say Affiliates.