Revenika.

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

Scale your partner business with precision. A data-backed breakdown of IG and Saxo Bank, 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
Saxo Bank
Trustpilot 3.7 8,660 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.
  • Extensive Regulatory FrameworkSaxo Bank holds licenses from multiple Tier-1 regulators, including the Danish FSA, FCA, and MAS, providing a highly secure environment for client funds.
  • Comprehensive Multi-Asset OfferingPartners can market over 71,000 instruments across forex, stocks, bonds, ETFs, and commodities, catering to a diverse and sophisticated client base.
  • Advanced API IntegrationThe broker provides robust OpenAPI technology, allowing partners to create bespoke, fully integrated user experiences and seamless front-to-back operations.
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.
  • Proprietary Platform FocusThe broker relies heavily on its proprietary SaxoTrader and SaxoInvestor platforms, which may require a learning curve for clients accustomed to standard third-party software.
  • Institutional Target AudienceThe extensive product range and sophisticated tools are primarily tailored toward advanced traders and institutional clients, potentially limiting conversion rates among novice retail traders.
  • Stringent Onboarding RequirementsAs a highly regulated bank, Saxo enforces strict KYC and compliance protocols, which may extend the time required to fully onboard and activate referred clients.
Entity & registration
Registered entity
United Kingdom
Denmark
Headquarters
United Kingdom
Denmark
Offshore entity
Bermuda
Not Disclosed
Regulatory licences
Regulatory Status Highly Regulated Highly Regulated
Regulatory licences FCABAFINASICFINMAMASFMA NZJFSACFTC NFAFSCADFSABMA DFSA DENMARKFCAMASFINMACONSOBJFSA
Key affiliate snapshot
Payout Frequency Not Disclosed Monthly
Tracking Method Cookie Not Disclosed
Withdrawal Methods Wire transferPayPalFPSOther Not Disclosed
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 Not Disclosed
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 API
Marketing & Creatives
Landing pages Not Disclosed Not Disclosed
Banners Available Not Disclosed
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 Not Disclosed
Tradable markets & scope BondsCommoditiesCrypto CfdsEtfForexIndicesStocks≈ 17000 instruments BondsCommoditiesCrypto CfdsEtfForexIndicesStocks
Min Deposit (FTD) Not Disclosed $0
Max Leverage Not Disclosed Not Disclosed
Execution model Not Disclosed ECN
Avg EURUSD Spread Not Disclosed Not Disclosed
Spread type Not Disclosed Not Disclosed
ECN commission (per lot) Not Disclosed Not Disclosed
Bonus campaigns Available Not Disclosed
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