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HF Markets
Trustpilot 4.3 2,938 reviews
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Axi
Trustpilot 4.1 7,310 reviews
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Partnership analysis
Key Advantages
  • Strong Regulatory OversightRegulated by CySEC, providing a secure and compliant environment for European clients.
  • Clear European FocusOffers targeted services to the European Economic Area, Switzerland, and select other regions.
  • Transparent Corporate StructureOperates under HF Markets (Europe) Ltd with a clearly stated registered office in Cyprus.
  • 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
  • Geographical RestrictionsServices are explicitly not offered to residents of Belgium and implicitly restricted outside the stated operational regions.
  • Limited Partnership DataThe official documentation lacks explicit details regarding IB commission structures, CPA rates, or sub-IB tiers.
  • Strict Regulatory EnvironmentOperating under CySEC and MiFID guidelines may impose leverage limits and strict compliance requirements on marketing.
  • 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 Not Disclosed Not Disclosed
Offshore entity Not Disclosed
St. Vincent and the Grenadines
Regulatory licences
Regulatory Status Standard Regulated Highly Regulated
Regulatory licences CYSEC 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 Not Disclosed 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 Not Disclosed MT4MT5WebTrader
Tradable markets & scope Not Disclosed CommoditiesCrypto CfdsEtfForexIndicesStocks≈ 1200 instruments
Min Deposit (FTD) Not Disclosed Not Disclosed
Max Leverage Not Disclosed 1:1000
Execution model Not Disclosed Not Disclosed
Avg EURUSD Spread Not Disclosed 0.6 pips
Spread type Not Disclosed Variable
ECN commission (per lot) Not Disclosed $4 per lot
Bonus campaigns Not Disclosed Not available
Swap-Free / Islamic Accounts Not Disclosed 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 Belgium AustraliaNew Zealand
US Clients Acceptance Not Disclosed Not accepted