Partner Federation Glossary — last updated September 2026
Spread share is a partnership payment model where a broker pays a partner a percentage of the spread — the gap between the buy and sell price — captured from a referred client’s trades. It’s usually measured as a share of the markup a broker adds over its raw liquidity-provider pricing, expressed in pips or as a percentage.
For the full breakdown — worked example, typical rates, and pros/cons — see Spread Share: Meaning, Rates & How It Works.
Why It Matters for Partners
Spread share ties a partner’s earnings directly to the spread markup a broker collects on each trade, rather than to the broker’s overall net revenue (revenue share) or to a flat per-lot fee (lot rebate). Because spread markup varies by instrument and account type, a spread share deal can pay differently across asset classes even at the same nominal percentage — and it’s worth checking whether a broker’s spread share model applies before or after any separate commission.
Related Terms
Spread · Pip · Lot Rebate · Revenue Share