Axi vs Saxo Bank: Which Partnership Program is Better?

Compare Variables	Axi Trustpilot 4.1 7,310 reviews Replace Axi in this comparison Admirals AvaTrade Axi CMC Markets Capital.com Exness FBS FOREX.com FP Markets FxPro HF Markets IC Markets Global IG Interactive Brokers Just Markets OANDA Octa Broker Pepperstone Plus 500 Vantage Markets XM XTB	Saxo Bank Trustpilot 3.7 8,660 reviews Replace Saxo Bank in this comparison Admirals AvaTrade CMC Markets Capital.com Exness FBS FOREX.com FP Markets FxPro HF Markets IC Markets Global IG Interactive Brokers Just Markets OANDA Octa Broker Pepperstone Plus 500 Saxo Bank Vantage Markets XM XTB
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 Regulatory FrameworkSaxo Bank holds licenses from multiple Tier-1 regulators, including the Danish FSA, FCA, and MAS, providing a highly secure environment for client funds. Comprehensive Multi-Asset OfferingPartners can market over 71,000 instruments across forex, stocks, bonds, ETFs, and commodities, catering to a diverse and sophisticated client base. Advanced API IntegrationThe broker provides robust OpenAPI technology, allowing partners to create bespoke, fully integrated user experiences and seamless front-to-back operations.
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.	Proprietary Platform FocusThe broker relies heavily on its proprietary SaxoTrader and SaxoInvestor platforms, which may require a learning curve for clients accustomed to standard third-party software. Institutional Target AudienceThe extensive product range and sophisticated tools are primarily tailored toward advanced traders and institutional clients, potentially limiting conversion rates among novice retail traders. Stringent Onboarding RequirementsAs a highly regulated bank, Saxo enforces strict KYC and compliance protocols, which may extend the time required to fully onboard and activate referred clients.
Entity & registration
Registered entity	St. Vincent and the Grenadines	Denmark
Headquarters	Not Disclosed	Denmark
Offshore entity	St. Vincent and the Grenadines	Not Disclosed
Regulatory licences
Regulatory Status	Highly Regulated	Highly Regulated
Regulatory licences	ASICFCAFMA NZCYSECDFSASVGFSA	DFSA DENMARKFCAMASFINMACONSOBJFSA
Key affiliate snapshot
Payout Frequency	Daily	Monthly
Tracking Method	Not Disclosed	Not Disclosed
Withdrawal Methods	CryptoOther	Not Disclosed
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	Not Disclosed
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	Not Disclosed
Banners	Available	Not Disclosed
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	Not Disclosed
Tradable markets & scope	CommoditiesCrypto CfdsEtfForexIndicesStocks≈ 1200 instruments	BondsCommoditiesCrypto CfdsEtfForexIndicesStocks
Min Deposit (FTD)	Not Disclosed	$0
Max Leverage	1:1000	Not Disclosed
Execution model	Not Disclosed	ECN
Avg EURUSD Spread	0.6 pips	Not Disclosed
Spread type	Variable	Not Disclosed
ECN commission (per lot)	$4 per lot	Not Disclosed
Bonus campaigns	Not available	Not Disclosed
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

Axi vs Saxo Bank: Which Forex Affiliate & IB Program is Better?