Revenika.

IG vs OANDA: Which Forex Affiliate & IB Program is Better?

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

Compare Variables
IG
Trustpilot 3.8 9,812 reviews
OANDA
Trustpilot 3.6 1,227 reviews
Partnership analysis
Key Advantages
  • High CPA PayoutsPartners can earn up to $2,045 CPA for each qualified client referred to the platform.
  • Extensive Market AccessIG provides access to over 17,000 tradable markets, offering significant diversity for client portfolios.
  • Strong Regulatory FrameworkThe broker holds licenses from numerous top-tier regulators worldwide, including the FCA, ASIC, BaFin, and CFTC.
  • Strong Regulatory FrameworkOANDA is regulated by multiple top-tier authorities, including the FCA, NFA, CIRO, and MAS, providing a highly trusted environment for client referrals.
  • Competitive CPA PayoutsThe affiliate program offers up to $600 per qualified client referral, providing substantial earning potential for digital marketers and publishers.
  • Extensive Asset SelectionPartners can market over 4,000 tradable instruments, including Forex, indices, commodities, and ETFs, appealing to a broad demographic of traders.
Considerations
  • Geographical RestrictionsIG does not accept clients from certain jurisdictions, including the United States and Belgium, for its CFD products.
  • Strict Compliance RequirementsAffiliates must adhere to rigorous content monitoring and regulatory guidelines to maintain their partnership.
  • No Deep LinkingThe affiliate program does not support deep linking, which may limit specific promotional strategies.
  • Strict Marketing CompliancePartners must adhere to rigorous marketing guidelines, including mandatory risk warnings and prohibitions on specific promotional terminology.
  • Opaque Rebate TiersWhile the IB program offers volume-based rebates, the exact tier structures and per-lot commission rates are not publicly disclosed.
  • High Payout ThresholdCommissions are only disbursed once a minimum threshold of $250 is reached, which may delay initial payouts for smaller affiliates.
Entity & registration
Registered entity
United Kingdom
United States
Headquarters
United Kingdom
United Kingdom
Offshore entity
Bermuda
Not Disclosed
Regulatory licences
Regulatory Status Highly Regulated Highly Regulated
Regulatory licences FCABAFINASICFINMAMASFMA NZJFSACFTC NFAFSCADFSABMA FCACFTC NFACIROMASKNF
Key affiliate snapshot
Payout Frequency Not Disclosed Monthly
Tracking Method Cookie Cookie
Withdrawal Methods Wire transferPayPalFPSOther Wire transfer
Sub-IB Tiers Not Disclosed Not Disclosed
Last verified Aug 2, 2026 Aug 2, 2026
Commission Structure
RevShare (% of spread/commission) Up to 30% Not Disclosed
CPA Model Up to $2045 Up to $600
Hybrid Model Not Disclosed 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 Impact Not Disclosed
Marketing & Creatives
Landing pages Not Disclosed Not Disclosed
Banners Available Available
Educational materials Not Disclosed Not Disclosed
Promo codes Not Disclosed Not Disclosed
Widgets Not Disclosed Not Disclosed
IB Support
Dedicated account manager Available Available
Sub-IB tracking tools Not Disclosed Not Disclosed
Custom partner conditions Not Disclosed Not Disclosed
Client Trading Conditions
Trading Platforms MT4MT5WebTraderTradingView MT5TradingView
Tradable markets & scope BondsCommoditiesCrypto CfdsEtfForexIndicesStocks≈ 17000 instruments BondsCommoditiesCrypto CfdsEtfForexIndicesStocks≈ 4000 instruments
Min Deposit (FTD) Not Disclosed Not Disclosed
Max Leverage Not Disclosed Not Disclosed
Execution model Not Disclosed Not Disclosed
Avg EURUSD Spread Not Disclosed 1 pips
Spread type Not Disclosed Mixed
ECN commission (per lot) Not Disclosed Not Disclosed
Bonus campaigns Available Available
Swap-Free / Islamic Accounts Not Disclosed Not Disclosed
Crypto deposits (traders) Not Disclosed Not Disclosed
Reduced-KYC onboarding Not Disclosed Not Disclosed
Investment Programs
PAMM / MAM System Not Disclosed Not Disclosed
Compliance & Geo
Restricted Countries United StatesBelgium Not Disclosed
US Clients Acceptance Not Disclosed Not accepted