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FBS
Trustpilot 4.3 9,608 reviews
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Axi
Trustpilot 4.1 7,310 reviews
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Partnership analysis
Key Advantages
  • Strong Regulatory FrameworkFBS holds licenses from both CySEC and the FSC Belize, providing a regulated environment for both European and global clients.
  • Extensive Asset SelectionPartners can market over 550 tradable instruments, including Forex, indices, commodities, and stocks.
  • High Leverage OptionsThe global entity offers maximum leverage up to 1:3000, which can be a strong acquisition tool for specific trader demographics.
  • 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.
Considerations
  • Undisclosed Commission RatesThe official documentation does not publicly disclose specific CPA or revenue share tiers, requiring direct negotiation.
  • Regional Leverage RestrictionsEuropean clients onboarded under the CySEC entity are strictly limited to 1:30 leverage for retail accounts.
  • Limited Platform DiversityWhile offering the industry-standard MT4 and MT5, the broker lacks alternative third-party platforms like cTrader or TradingView.
  • 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.
Entity & registration
Registered entity
Cyprus
St. Vincent and the Grenadines
Headquarters
Cyprus
Not Disclosed
Offshore entity
Belize
St. Vincent and the Grenadines
Regulatory licences
Regulatory Status Standard Regulated Highly Regulated
Regulatory licences CYSECFSC BELIZE ASICFCAFMA NZCYSECDFSASVGFSA
Key affiliate snapshot
Payout Frequency Not Disclosed Daily
Tracking Method Not Disclosed Not Disclosed
Withdrawal Methods Not Disclosed CryptoOther
Sub-IB Tiers Not Disclosed Not Disclosed
Last verified Aug 2, 2026 Aug 2, 2026
Commission Structure
Volume RevShare Not Disclosed Not Disclosed
CPA Model Not Disclosed Up to $1200
Hybrid Model Not Disclosed Volume leg up to 0; CPA leg up to $300
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 Not Disclosed Available
Banners Not Disclosed Available
Educational materials Available Not Disclosed
Promo codes Not Disclosed Not Disclosed
Widgets Not Disclosed Not Disclosed
IB Support
Dedicated account manager Not Disclosed Available
Sub-IB tracking tools Not Disclosed Not Disclosed
Custom partner conditions Not Disclosed Not Disclosed
Client Trading Conditions
Trading Platforms MT4MT5 MT4MT5WebTrader
Tradable markets & scope CommoditiesCrypto CfdsForexIndicesStocks≈ 550 instruments CommoditiesCrypto CfdsEtfForexIndicesStocks≈ 1200 instruments
Min Deposit (FTD) $5 Not Disclosed
Max Leverage 1:3000 1:1000
Execution model Not Disclosed Not Disclosed
Avg EURUSD Spread 0.7 pips 0.6 pips
Spread type Variable Variable
ECN commission (per lot) $0 per lot $4 per lot
Bonus campaigns Not Disclosed Not available
Swap-Free / Islamic Accounts Available Not Disclosed
Crypto deposits (traders) Not Disclosed Available
Reduced-KYC onboarding Not Disclosed Not available
Investment Programs
PAMM / MAM System Not Disclosed Available
Compliance & Geo
Restricted Countries Not Disclosed AustraliaNew Zealand
US Clients Acceptance Not Disclosed Not accepted