FP Markets vs CMC Markets: Which Partnership Program is Better?

Compare Variables	FP Markets Trustpilot 4.8 10,241 reviews Replace FP Markets in this comparison Admirals AvaTrade Axi 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	CMC Markets Trustpilot 4.2 3,323 reviews Replace CMC Markets 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 Market AccessPartners can promote over 12,000 tradable instruments across multiple asset classes, including forex, indices, commodities, and cryptocurrencies. Flexible Remuneration ModelsThe partner program offers competitive CPA payouts starting from $300, alongside tailored, multi-tier rebate structures for Introducing Brokers. Advanced Platform EcosystemClients benefit from the proprietary Next Generation platform, MetaTrader 4, MetaTrader 5, and TradingView integration, catering to diverse trading preferences.
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 Minimum Withdrawal LimitsAccrued commissions must reach a minimum of $450 USD before they can be withdrawn, which may delay payouts for smaller IBs.	Variable CPA ThresholdsWhile CPA payouts start at $300, specific qualification criteria and trading thresholds must be met before commissions are released. Complex Account StructuresThe distinction between standard CFD accounts and FX Active accounts may require partners to provide additional guidance to their referrals. Institutional FocusSome of the more advanced liquidity and API solutions are tailored specifically for institutional clients rather than standard retail IBs.
Entity & registration
Registered entity	Australia	United Kingdom
Headquarters	Australia	United Kingdom
Offshore entity	St. Vincent and the Grenadines	Bermuda
Regulatory licences
Regulatory Status	Highly Regulated	Highly Regulated
Regulatory licences	ASICCYSECFSCACMA KENYAFSA SEYCHELLESFSC MAURITIUSSCB	FCABAFINASICMASDFSABMA
Key affiliate snapshot
Payout Frequency	Monthly	Not Disclosed
Tracking Method	CookieIP tracking	Cookie
Withdrawal Methods	Wire transfer	Wire transferVisaMastercardSkrillNeteller Crypto
Sub-IB Tiers	Not Disclosed	Not Disclosed
Last verified	Aug 2, 2026	Aug 2, 2026
Commission Structure
Lot Rebate ($/lot)	Up to $1 per lot	Not Disclosed
CPA Model	Up to $800	Up to $300
Hybrid Model	Volume leg up to 1; CPA leg up to $200	Not Disclosed
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	API
Marketing & Creatives
Landing pages	Available	Available
Banners	Available	Available
Educational materials	Available	Not Disclosed
Promo codes	Not Disclosed	Not Disclosed
Widgets	Not Disclosed	Not Disclosed
IB Support
Dedicated account manager	Available	Available
Sub-IB tracking tools	Available	Not Disclosed
Custom partner conditions	Not Disclosed	Not Disclosed
Client Trading Conditions
Trading Platforms	MT4MT5cTraderWebTraderTradingView	MT4MT5WebTraderTradingView
Tradable markets & scope	BondsCommoditiesCrypto CfdsEtfForexIndicesStocks≈ 10000 instruments	BondsCommoditiesCrypto CfdsEtfForexIndicesStocks≈ 12000 instruments
Min Deposit (FTD)	Not Disclosed	$0
Max Leverage	1:500	1:200
Execution model	ECN	NDD
Avg EURUSD Spread	Not Disclosed	0 pips
Spread type	Raw Spread	Variable
ECN commission (per lot)	Not Disclosed	$2 per lot
Bonus campaigns	Not Disclosed	Not Disclosed
Swap-Free / Islamic Accounts	Not Disclosed	Not Disclosed
Crypto deposits (traders)	Not Disclosed	Available
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	Not Disclosed
US Clients Acceptance	Not accepted	Not accepted

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