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Axi
Trustpilot 4.1 7,310 reviews
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OANDA
Trustpilot 3.6 1,227 reviews
Replace OANDA in this comparison
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.
  • Strong Regulatory FrameworkOANDA is regulated by multiple top-tier authorities, including the FCA, NFA, CIRO, and MAS, providing a highly trusted environment for client referrals.
  • Competitive CPA PayoutsThe affiliate program offers up to $600 per qualified client referral, providing substantial earning potential for digital marketers and publishers.
  • Extensive Asset SelectionPartners can market over 4,000 tradable instruments, including Forex, indices, commodities, and ETFs, appealing to a broad demographic of traders.
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.
  • Strict Marketing CompliancePartners must adhere to rigorous marketing guidelines, including mandatory risk warnings and prohibitions on specific promotional terminology.
  • Opaque Rebate TiersWhile the IB program offers volume-based rebates, the exact tier structures and per-lot commission rates are not publicly disclosed.
  • High Payout ThresholdCommissions are only disbursed once a minimum threshold of $250 is reached, which may delay initial payouts for smaller affiliates.
Entity & registration
Registered entity
St. Vincent and the Grenadines
United States
Headquarters Not Disclosed
United Kingdom
Offshore entity
St. Vincent and the Grenadines
Not Disclosed
Regulatory licences
Regulatory Status Highly Regulated Highly Regulated
Regulatory licences ASICFCAFMA NZCYSECDFSASVGFSA FCACFTC NFACIROMASKNF
Key affiliate snapshot
Payout Frequency Daily Monthly
Tracking Method Not Disclosed Cookie
Withdrawal Methods CryptoOther Wire transfer
Sub-IB Tiers Not Disclosed Not Disclosed
Last verified Aug 2, 2026 Aug 2, 2026
Commission Structure
Lot Rebate ($/lot) Up to $12 per lot Not Disclosed
CPA Model Up to $1200 Up to $600
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 Not Disclosed
Marketing & Creatives
Landing pages Available Not Disclosed
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 MT5TradingView
Tradable markets & scope CommoditiesCrypto CfdsEtfForexIndicesStocks≈ 1200 instruments BondsCommoditiesCrypto CfdsEtfForexIndicesStocks≈ 4000 instruments
Min Deposit (FTD) Not Disclosed Not Disclosed
Max Leverage 1:1000 Not Disclosed
Execution model Not Disclosed Not Disclosed
Avg EURUSD Spread 0.6 pips 1 pips
Spread type Variable Mixed
ECN commission (per lot) $4 per lot Not Disclosed
Bonus campaigns Not available Available
Swap-Free / Islamic Accounts Not Disclosed Not Disclosed
Crypto deposits (traders) Available Not Disclosed
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