This is the same content as the main revenue page, summarised for the academy.
The short version
Brokers pay ShaFX an introducing-broker / affiliate commission when a trader opens a real account through a tracked ShaFX link. ShaFX shares the majority back as cashback. ShaFX keeps a margin to fund operations.
What ShaFX does not take money from
- No subscription fees.
- No "VIP signal" upgrades.
- Nothing deducted from your trading account.
- No selling of user data.
Why this matters
Aligned incentives. Cashback rewards traders who survive in the market. ShaFX benefits when traders stay alive — which is the opposite of paid signal services that benefit when traders churn.
Full version: /how-shafx-makes-money. Methodology: /cashback-methodology. Disclosure: /affiliate-disclosure.
Next steps on ShaFX
- Free trading calculators — position size, pip value, margin, risk/reward, drawdown.
- Take a quiz on this topic and see what you missed.
- Glossary — precise definitions for every term used here.
- Compare brokers using our methodology.