Revenika.

Axi vs CMC Markets: Which Forex Affiliate & IB Program is Better?

Scale your partner business with precision. A data-backed breakdown of Axi and CMC Markets, analyzing commission structures, regulatory safeguards, and the trading conditions that keep your clients active for the long term.

Compare Variables
Axi
Trustpilot 4.1 7,310 reviews
CMC Markets
Trustpilot 4.2 3,323 reviews
Partnership analysis
Key Advantages
  • High Earning PotentialPartners can earn up to $1,200 CPA or up to 55% in revenue share, providing lucrative opportunities for high-performing IBs.
  • Extensive Market AccessWith over 1,200 tradable assets across multiple asset classes, IBs can attract a diverse range of traders.
  • Flexible Partnership ModelsAxi offers CPA, Revenue Share, Hybrid, and PAMM Introducer programs, allowing partners to tailor their earning strategies.
  • Extensive Market AccessPartners can promote over 12,000 tradable instruments across multiple asset classes, including forex, indices, commodities, and cryptocurrencies.
  • Flexible Remuneration ModelsThe partner program offers competitive CPA payouts starting from $300, alongside tailored, multi-tier rebate structures for Introducing Brokers.
  • Advanced Platform EcosystemClients benefit from the proprietary Next Generation platform, MetaTrader 4, MetaTrader 5, and TradingView integration, catering to diverse trading preferences.
Considerations
  • Regional RestrictionsThe broker does not provide services to residents of certain countries, including Australia and New Zealand, under its offshore entity.
  • Complex Regulatory StructureNavigating the different regulatory environments (ASIC, FCA, CySEC, etc.) may require IBs to carefully segment their client onboarding.
  • Variable SpreadsWhile competitive, spreads are variable and dependent on market conditions, which may affect high-frequency traders.
  • Variable CPA ThresholdsWhile CPA payouts start at $300, specific qualification criteria and trading thresholds must be met before commissions are released.
  • Complex Account StructuresThe distinction between standard CFD accounts and FX Active accounts may require partners to provide additional guidance to their referrals.
  • Institutional FocusSome of the more advanced liquidity and API solutions are tailored specifically for institutional clients rather than standard retail IBs.
Entity & registration
Registered entity
St. Vincent and the Grenadines
United Kingdom
Headquarters Not Disclosed
United Kingdom
Offshore entity
St. Vincent and the Grenadines
Bermuda
Regulatory licences
Regulatory Status Highly Regulated Highly Regulated
Regulatory licences ASICFCAFMA NZCYSECDFSASVGFSA FCABAFINASICMASDFSABMA
Key affiliate snapshot
Payout Frequency Daily Not Disclosed
Tracking Method Not Disclosed Cookie
Withdrawal Methods CryptoOther Wire transferVisaMastercardSkrillNeteller Crypto
Sub-IB Tiers Not Disclosed Not Disclosed
Last verified Aug 2, 2026 Aug 2, 2026
Commission Structure
Lot Rebate ($/lot) Up to $12 per lot Not Disclosed
CPA Model Up to $1200 Up to $300
Hybrid Model Volume leg up to 0; CPA leg up to $300 Not Disclosed
Tracking & Integrations
Attribution model Not Disclosed Not Disclosed
Cross-device tracking Not Disclosed Not Disclosed
Affiliate cookie duration Not Disclosed Not Disclosed
Tech Stack Readiness Not Disclosed API
Marketing & Creatives
Landing pages Available Available
Banners Available Available
Educational materials Not Disclosed Not Disclosed
Promo codes Not Disclosed Not Disclosed
Widgets Not Disclosed Not Disclosed
IB Support
Dedicated account manager Available Available
Sub-IB tracking tools Not Disclosed Not Disclosed
Custom partner conditions Not Disclosed Not Disclosed
Client Trading Conditions
Trading Platforms MT4MT5WebTrader MT4MT5WebTraderTradingView
Tradable markets & scope CommoditiesCrypto CfdsEtfForexIndicesStocks≈ 1200 instruments BondsCommoditiesCrypto CfdsEtfForexIndicesStocks≈ 12000 instruments
Min Deposit (FTD) Not Disclosed $0
Max Leverage 1:1000 1:200
Execution model Not Disclosed NDD
Avg EURUSD Spread 0.6 pips 0 pips
Spread type Variable Variable
ECN commission (per lot) $4 per lot $2 per lot
Bonus campaigns Not available Not Disclosed
Swap-Free / Islamic Accounts Not Disclosed Not Disclosed
Crypto deposits (traders) Available Available
Reduced-KYC onboarding Not available Not Disclosed
Investment Programs
PAMM / MAM System Available Not Disclosed
Compliance & Geo
Restricted Countries AustraliaNew Zealand Not Disclosed
US Clients Acceptance Not accepted Not accepted