FP Markets vs Admirals: Which Partnership Program is Better?

Compare Variables	FP Markets Trustpilot 4.8 10,241 reviews Replace FP Markets in this comparison 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 Saxo Bank Vantage Markets XM XTB	Admirals Trustpilot 4.1 2,165 reviews Replace Admirals in this comparison Admirals AvaTrade Axi CMC Markets Capital.com Exness FBS FOREX.com 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 CPA and Hybrid PayoutsPartners can earn up to $800 CPA per referred client, alongside flexible hybrid models combining CPA and volume rebates. Extensive Tradable AssetsWith over 10,000 instruments including Forex, Equities, and Cryptocurrencies, IBs can attract a highly diverse client base. Robust Regulatory FrameworkThe broker holds multiple licenses globally, including ASIC, CySEC, and FSCA, enhancing brand trust and conversion rates.	Extensive Asset OfferingPartners can market over 8,000 tradable instruments, including Forex, stocks, ETFs, and crypto CFDs, appealing to a broad demographic of traders. Flexible Compensation ModelsThe program supports Revenue Share (up to 50%), CPA, and Hybrid models, allowing IBs to tailor their earning structure to their traffic type. Multi-Level Sub-IB SupportAdmirals offers a multi-level partnership structure, enabling IBs to build sub-affiliate networks for compounded revenue generation.
Considerations	Strict Geographic RestrictionsThe affiliate program explicitly excludes a large number of countries, limiting the addressable market for global marketers. High Qualification ThresholdsCPA qualification requires clients to trade at least 5 Standard FX lots or $300,000 USD in IRESS volume. Minimum Withdrawal LimitsAccrued commissions must reach a minimum of $450 USD before they can be withdrawn, which may delay payouts for smaller IBs.	Strict CPA Requirements In EuropeCPA models for EU and UK traffic are restricted exclusively to licensed partners, limiting options for standard affiliates in these regions. Low Maximum LeverageThe maximum leverage is capped at 1:30, which may deter high-risk traders seeking higher margin capabilities. Specific Regional RestrictionsThe broker explicitly restricts its services to residents of Belgium and the Czech Republic, narrowing the addressable market in Europe.
Entity & registration
Registered entity	Australia	Cyprus
Headquarters	Australia	Cyprus
Offshore entity	St. Vincent and the Grenadines	Seychelles
Regulatory licences
Regulatory Status	Highly Regulated	Standard Regulated
Regulatory licences	ASICCYSECFSCACMA KENYAFSA SEYCHELLESFSC MAURITIUSSCB	CYSEC
Key affiliate snapshot
Payout Frequency	Monthly	Not Disclosed
Tracking Method	CookieIP tracking	Cookie
Withdrawal Methods	Wire transfer	Not Disclosed
Sub-IB Tiers	Not Disclosed	Not Disclosed
Last verified	Aug 2, 2026	Aug 2, 2026
Commission Structure
Lot Rebate ($/lot)	Up to $1 per lot	Not Disclosed
CPA Model	Up to $800	Not Disclosed
Hybrid Model	Volume leg up to 1; CPA leg up to $200	Available
Tracking & Integrations
Attribution model	Not Disclosed	Not Disclosed
Cross-device tracking	Not Disclosed	Not Disclosed
Affiliate cookie duration	Lifetime	Not Disclosed
Tech Stack Readiness	Cellxpert	Not Disclosed
Marketing & Creatives
Landing pages	Available	Not Disclosed
Banners	Available	Not Disclosed
Educational materials	Available	Available
Promo codes	Not Disclosed	Not Disclosed
Widgets	Not Disclosed	Not Disclosed
IB Support
Dedicated account manager	Available	Not Disclosed
Sub-IB tracking tools	Available	Not Disclosed
Custom partner conditions	Not Disclosed	Not Disclosed
Client Trading Conditions
Trading Platforms	MT4MT5cTraderWebTraderTradingView	MT4MT5WebTrader
Tradable markets & scope	BondsCommoditiesCrypto CfdsEtfForexIndicesStocks≈ 10000 instruments	CommoditiesCrypto CfdsEtfForexIndicesStocks≈ 8000 instruments
Min Deposit (FTD)	Not Disclosed	Not Disclosed
Max Leverage	1:500	1:30
Execution model	ECN	Not Disclosed
Avg EURUSD Spread	Not Disclosed	0.6 pips
Spread type	Raw Spread	Not Disclosed
ECN commission (per lot)	Not Disclosed	Not Disclosed
Bonus campaigns	Not Disclosed	Not Disclosed
Swap-Free / Islamic Accounts	Not Disclosed	Not Disclosed
Crypto deposits (traders)	Not Disclosed	Not Disclosed
Reduced-KYC onboarding	Not available	Not Disclosed
Investment Programs
PAMM / MAM System	Available	Not Disclosed
Compliance & Geo
Restricted Countries	AfghanistanAngolaBangladeshBelgiumBurkina FasoBurundiBeninBotswanaCongoCentral African RepublicCôte d'IvoireCameroonCabo VerdeEthiopiaGabonGrenadaGhanaGuineaGuinea-BissauGuyanaHondurasHaitiIndiaIraqIranJamaicaJapanCambodiaKiribatiComorosLaosLebanonLiechtensteinLiberiaLesothoLatviaLibyaMoldovaMadagascarMyanmarMongoliaMauritaniaMaldivesMalawiMozambiqueNamibiaNepalNauruChad	BelgiumCzechia
US Clients Acceptance	Not accepted	Not Disclosed

FP Markets vs Admirals: Which Forex Affiliate & IB Program is Better?