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

Scale your partner business with precision. A data-backed breakdown of IC Markets Global and CMC Markets, analyzing commission structures, regulatory safeguards, and the trading conditions that keep your clients active for the long term.

Compare Variables
IC Markets Global
Trustpilot 4.8 55,385 reviews
CMC Markets
Trustpilot 4.2 3,323 reviews
Partnership analysis
Key Advantages
  • Flexible Commission StructuresPartners can choose between CPA payouts up to $650 or a Revenue Share model offering up to $2 per standard lot on Raw Spread accounts.
  • Multi-Tiered Volume IncentivesThe program rewards high-performing IBs with additional fixed commissions per lot when specific trading volume thresholds are met over consecutive months.
  • Comprehensive Platform SupportReferrals have access to industry-standard trading platforms including MetaTrader 4, MetaTrader 5, and cTrader, enhancing client acquisition and retention.
  • 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 CPA Qualification CriteriaTo trigger a CPA payout, referred clients must deposit a minimum of $200 and trade at least 5 lots within a 90-day period.
  • Geographical CPA TieringCPA payouts are heavily dependent on the client's country of residence, with lower-tier regions yielding significantly reduced referral fees.
  • Regional RestrictionsThe broker explicitly prohibits the solicitation of residents from the United States and other banned jurisdictions, limiting the addressable market for some partners.
  • Variable CPA ThresholdsWhile CPA payouts start at $300, specific qualification criteria and trading thresholds must be met before commissions are released.
  • Complex Account StructuresThe distinction between standard CFD accounts and FX Active accounts may require partners to provide additional guidance to their referrals.
  • Institutional FocusSome of the more advanced liquidity and API solutions are tailored specifically for institutional clients rather than standard retail IBs.
Entity & registration
Registered entity
Seychelles
United Kingdom
Headquarters Not Disclosed
United Kingdom
Offshore entity Available
Bermuda
Regulatory licences
Regulatory Status Offshore Licensed Highly Regulated
Regulatory licences FSA SEYCHELLES FCABAFINASICMASDFSABMA
Key affiliate snapshot
Payout Frequency DailyMonthlyWeekly Not Disclosed
Tracking Method Cookie Cookie
Withdrawal Methods Wire transfer Wire transferVisaMastercardSkrillNeteller Crypto
Sub-IB Tiers Not Disclosed Not Disclosed
Last verified Aug 2, 2026 Aug 2, 2026
Commission Structure
Lot Rebate ($/lot) Up to $12 per lot Not Disclosed
CPA Model Up to $650 Up to $300
Hybrid Model Volume leg up to 4; CPA leg up to $250 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 API
Marketing & Creatives
Landing pages Not Disclosed Available
Banners Available Available
Educational materials Available Not Disclosed
Promo codes Not Disclosed Not Disclosed
Widgets Available 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 MT4MT5cTrader MT4MT5WebTraderTradingView
Tradable markets & scope CommoditiesForex BondsCommoditiesCrypto CfdsEtfForexIndicesStocks≈ 12000 instruments
Min Deposit (FTD) $200 $0
Max Leverage Not Disclosed 1:200
Execution model Not Disclosed 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 available Not Disclosed
Swap-Free / Islamic Accounts Not Disclosed Not Disclosed
Crypto deposits (traders) Not available Available
Reduced-KYC onboarding Not available Not Disclosed
Investment Programs
PAMM / MAM System Available Not Disclosed
Compliance & Geo
Restricted Countries United States Not Disclosed
US Clients Acceptance Not accepted Not accepted