FBS vs OANDA: Which Partnership Program is Better?

Compare Variables	FBS Trustpilot 4.3 9,608 reviews Replace FBS 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 Octa Broker Pepperstone Plus 500 Saxo Bank Vantage Markets XM XTB	OANDA Trustpilot 3.6 1,227 reviews Replace OANDA in this comparison Admirals AvaTrade Axi CMC Markets Capital.com Exness 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	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.	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	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.	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	Cyprus	United States
Headquarters	Cyprus	United Kingdom
Offshore entity	Belize	Not Disclosed
Regulatory licences
Regulatory Status	Standard Regulated	Highly Regulated
Regulatory licences	CYSECFSC BELIZE	FCACFTC NFACIROMASKNF
Key affiliate snapshot
Payout Frequency	Not Disclosed	Monthly
Tracking Method	Not Disclosed	Cookie
Withdrawal Methods	Not Disclosed	Wire transfer
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 $600
Hybrid Model	Not Disclosed	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	Not Disclosed	Not Disclosed
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	MT5TradingView
Tradable markets & scope	CommoditiesCrypto CfdsForexIndicesStocks≈ 550 instruments	BondsCommoditiesCrypto CfdsEtfForexIndicesStocks≈ 4000 instruments
Min Deposit (FTD)	$5	Not Disclosed
Max Leverage	1:3000	Not Disclosed
Execution model	Not Disclosed	Not Disclosed
Avg EURUSD Spread	0.7 pips	1 pips
Spread type	Variable	Mixed
ECN commission (per lot)	$0 per lot	Not Disclosed
Bonus campaigns	Not Disclosed	Available
Swap-Free / Islamic Accounts	Available	Not Disclosed
Crypto deposits (traders)	Not Disclosed	Not Disclosed
Reduced-KYC onboarding	Not Disclosed	Not Disclosed
Investment Programs
PAMM / MAM System	Not Disclosed	Not Disclosed
Compliance & Geo
Restricted Countries	Not Disclosed	Not Disclosed
US Clients Acceptance	Not Disclosed	Not accepted

FBS vs OANDA: Which Forex Affiliate & IB Program is Better?