FP Markets vs Pepperstone: Which Partnership Program is Better?

Compare Variables	FP Markets Trustpilot 4.8 10,241 reviews Replace FP Markets 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 Plus 500 Saxo Bank Vantage Markets XM XTB	Pepperstone Trustpilot 4.3 3,527 reviews Replace Pepperstone 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.	High CPA PayoutsAffiliates can earn up to USD 800 per qualified client, depending on the client's country of origin. Competitive IB Revenue ShareIntroducing Brokers can earn up to 50% of spreads and commissions, with daily rebate payouts. Diverse Platform OfferingPartners can promote a wide range of trading platforms, including MT4, MT5, cTrader, and TradingView, catering to various trader 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 Minimum Withdrawal LimitsAccrued commissions must reach a minimum of $450 USD before they can be withdrawn, which may delay payouts for smaller IBs.	Extensive Country RestrictionsThe affiliate program does not accept traffic from numerous jurisdictions, including Russia, Iran, and several African and Middle Eastern nations. Regional Program LimitationsCertain partnership programs and rewards are unavailable in heavily regulated regions such as the EEA, UK, and Australia. Variable CPA TiersCPA payouts fluctuate significantly (from USD 300 to USD 800) based on the specific country group of the referred client.
Entity & registration
Registered entity	Australia	Not Disclosed
Headquarters	Australia	Not Disclosed
Offshore entity	St. Vincent and the Grenadines	Not Disclosed
Regulatory licences
Regulatory Status	Highly Regulated	No Data
Regulatory licences	ASICCYSECFSCACMA KENYAFSA SEYCHELLESFSC MAURITIUSSCB	Unregulated
Key affiliate snapshot
Payout Frequency	Monthly	Daily
Tracking Method	CookieIP tracking	Cookie
Withdrawal Methods	Wire transfer	Not Disclosed
Sub-IB Tiers	Not Disclosed	Not Disclosed
Last verified	Aug 2, 2026	Aug 2, 2026
Commission Structure
Lot Rebate ($/lot)	Up to $1 per lot	Not Disclosed
CPA Model	Up to $800	Up to $800
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	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	MT4MT5cTraderTradingView
Tradable markets & scope	BondsCommoditiesCrypto CfdsEtfForexIndicesStocks≈ 10000 instruments	CommoditiesCrypto CfdsForexIndicesStocks
Min Deposit (FTD)	Not Disclosed	Not Disclosed
Max Leverage	1:500	Not Disclosed
Execution model	ECN	NDD
Avg EURUSD Spread	Not Disclosed	Not Disclosed
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	Available
Compliance & Geo
Restricted Countries	AfghanistanAngolaBangladeshBelgiumBurkina FasoBurundiBeninBotswanaCongoCentral African RepublicCôte d'IvoireCameroonCabo VerdeEthiopiaGabonGrenadaGhanaGuineaGuinea-BissauGuyanaHondurasHaitiIndiaIraqIranJamaicaJapanCambodiaKiribatiComorosLaosLebanonLiechtensteinLiberiaLesothoLatviaLibyaMoldovaMadagascarMyanmarMongoliaMauritaniaMaldivesMalawiMozambiqueNamibiaNepalNauruChad	AfghanistanAntarcticaArmeniaAzerbaijanBelarusBelizeBhutanBosnia and HerzegovinaCameroonCentral African RepublicChadCongoCongoCôte d'IvoireEritreaFrench GuianaFrench PolynesiaGuadeloupeGuamGuineaGuinea-BissauGuyanaHaitiHoly See (Vatican City State)IranIraqKazakhstanLebanonLiberiaLibyaMaliMartiniqueMayotteMozambiqueMyanmarNicaraguaNorth KoreaPalestineRéunionRussian FederationSaint Kitts and NevisSaint LuciaSaint Vincent and the Grenadines
US Clients Acceptance	Not accepted	Not accepted

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