10 Best Forex Brokers Cashback Rebate Programs in 2025
Discover top cashback forex brokers offering high commission rebates per lot and low spreads. In this complete Forex guide, you will learn:
- Which Forex Broker Offers the Best Rebate Rates?
- What Are Forex Rebate Rates?
- How Do Rebate Rates Work in Forex Trading?
- Who Are the Top High-Commission, Cash-Back Brokers?
- Which ECN Brokers Pay Daily/Monthly Cashback?
- The Best MT4/MT5 Cashback Promotions Available
- How to Maximise Your Forex Cashback Rewards
- How to Select the Best Forex Cashback Broker
- Cashback earned on every lot — win or lose — no exceptions
- Weekly automatic payouts to your Say Affiliates wallet
- Works alongside any trading strategy — scalping, swing, EA
- 8 regulated partner brokers — ASIC, FCA, CySEC & more
- Free account — zero signup fees, zero monthly fees
- Withdraw cashback anytime with no minimum hold period
- Forex Rebates — A Definition
- 10 Best Brokers Comparison Table
- How Do Forex Rebates Work?
- IC Markets Cashback
- FP Markets Cashback
- PU Prime Cashback
- FxPro Cashback
- OANDA Cashback
- Blueberry Markets Cashback
- BlackBull Markets Cashback
- ACY Securities Cashback
- How to Maximise Cashback Rewards
- How to Choose the Best Cashback Broker
- Frequently Asked Questions
1. Forex Rebates — A Definition
A forex rebate is a cash incentive credited to a trader after completing a transaction. Forex rebates refer to the cumulative rewards you earn across multiple trading sessions. Whether offered as a fixed rate or based on specific trading conditions, both a forex rebate and a forex rebate help lower trading costs and boost overall profitability.
When you register through Say Affiliates and open an account with one of our partner brokers, a portion of the broker's spread or commission is returned to you as cashback — on every single lot you trade, regardless of whether the trade is profitable. The cashback is credited to your Say Affiliates wallet every week and can be withdrawn at any time.
2. 10 Best Forex Brokers Cashback Comparison
The table below compares our top partner brokers by regulation, minimum deposit, raw spread, and cashback availability through Say Affiliates:
| # | Broker | Regulation | Spread From | Commission | Min. Deposit | Cashback |
|---|---|---|---|---|---|---|
| 1 | IC Markets | ASIC CySEC FSA | 0.0 pips | $6.00/lot | $200 | Contact Say Affiliates |
| 2 | FP Markets | ASIC CySEC | 0.0 pips | $6.00/lot | $100 | Contact Say Affiliates |
| 3 | PU Prime | ASIC FSA | 0.0 pips | $7.00/lot | $20 | Up to $7.50/lot |
| 4 | FxPro | FCA CySEC FSCA | 0.0 pips | $6.00/lot | $100 | Contact Say Affiliates |
| 5 | OANDA | FCA ASIC CFTC | 1.0 pip | None | $0 | Contact Say Affiliates |
| 6 | Blueberry Markets | ASIC | 0.0 pips | $7.00/lot | $100 | Contact Say Affiliates |
| 7 | BlackBull Markets | FMA FSA | 0.0 pips | $6.00/lot | $0 | Contact Say Affiliates |
| 8 | ACY Securities | ASIC | 0.0 pips | $6.00/lot | $50 | Contact Say Affiliates |
3. How Do Forex Rebates Work?
Every time you open and close a trade, your broker earns a spread or a commission. When you trade through a cashback rebate program like Say Affiliates, we receive a portion of that revenue from the broker and pass it directly back to you as a rebate.
The cashback you earn does not affect your broker relationship, your spreads, or your execution quality in any way. You simply earn a rebate on top of your normal trading — effectively reducing your net cost per trade.
4. IC Markets Cashback Rebates
IC Markets is the world's largest true ECN broker by volume. With raw spreads averaging 0.02 pips on EUR/USD and lightning-fast 36ms execution, it is the benchmark choice for scalpers, algorithmic traders, and high-frequency strategies.
5. FP Markets Cashback Rebates
FP Markets is a Sydney-based ECN broker renowned for institutional-grade liquidity, raw interbank spreads, and one of the most competitive rebate structures available through Say Affiliates.
6. PU Prime Cashback Rebates
PU Prime stands out for its ultra-low $20 minimum deposit and strong ASIC regulation, making it the most accessible ECN broker on this list. With cashback up to $7.50/lot via Say Affiliates, the effective trading cost can drop to near zero.
7. FxPro Cashback Rebates
FxPro is the only broker on this list regulated by four top-tier authorities including the FCA, offering UK FSCS protection up to £85,000. Its four-platform ecosystem (MT4, MT5, cTrader, Edge) serves every trading style.
8. OANDA Cashback Rebates
OANDA is one of the world's most trusted legacy brokers, regulated by FCA, ASIC, and CFTC. With no minimum deposit and competitive spreads, OANDA is ideal for traders who value brand trust, longevity, and deep regulatory coverage.
9. Blueberry Markets Cashback Rebates
Blueberry Markets is an ASIC-regulated broker known for some of the most competitive rebate rates in the industry. Tight ECN spreads, excellent execution, and a strong partnership with Say Affiliates make it a compelling choice.
10. BlackBull Markets Cashback Rebates
BlackBull Markets is a true ECN broker regulated by FMA (New Zealand) and FSA (Seychelles). Zero minimum deposit, raw spreads, and competitive rebates through Say Affiliates make BlackBull an increasingly popular choice globally.
11. ACY Securities Cashback Rebates
ACY Securities is an ASIC-regulated broker offering competitive ECN spreads, fast execution, and a transparent rebate structure. With a low $50 minimum deposit and solid regulation, ACY is a strong option for cost-conscious traders.
12. How to Maximise Your Forex Cashback Rewards
Earning cashback through Say Affiliates is automatic — but here are the strategies that experienced traders use to maximise their rebate income:
13. How to Choose the Best Forex Cashback Broker
When selecting a cashback broker, consider these five key factors:
All eight brokers on this list are regulated by at least one top-tier authority (ASIC, FCA, or CySEC) and have been vetted by the Say Affiliates team for execution quality, payment reliability, and client service standards.
14. Frequently Asked Questions
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