Revenika.

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

Scale your partner business with precision. A data-backed breakdown of IG and XM, 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
XM
Trustpilot 2.2 3,168 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.
  • High CPA and Revenue Share PotentialPartners can earn up to $1,000 CPA per qualified client and up to $90 per lot in revenue share, providing significant earning potential.
  • Daily Commission PayoutsXM processes affiliate commissions daily via an automated system, ensuring partners have rapid access to their earnings.
  • Extensive Regulatory FrameworkThe broker holds licenses from multiple respected regulators, including CySEC, FCA, and ASIC, which enhances brand trust and conversion rates.
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 Regional RestrictionsPartners are prohibited from soliciting clients from several European countries, including Belgium, France, Spain, and Portugal.
  • High CPA Qualification ThresholdsTo qualify for CPA payouts, referred clients must meet specific deposit minimums (e.g., $150) and complete a required number of round lots within 12 months.
  • Dormancy Fees on Affiliate AccountsAffiliate e-wallets with no activity for six consecutive months are subject to a $10 monthly dormancy fee.
Entity & registration
Registered entity
United Kingdom
Cyprus
Headquarters
United Kingdom
Cyprus
Offshore entity
Bermuda
Not Disclosed
Regulatory licences
Regulatory Status Highly Regulated Highly Regulated
Regulatory licences FCABAFINASICFINMAMASFMA NZJFSACFTC NFAFSCADFSABMA BAFINCNMVCONSOBFIN FSAAFMFI SWEDENFCAASICCYSECMNBKNF
Key affiliate snapshot
Payout Frequency Not Disclosed Daily
Tracking Method Cookie S2S / postback
Withdrawal Methods Wire transferPayPalFPSOther Wire transferSkrillNetellerOther
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 $1000
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 S2S Postback API Webhooks
Marketing & Creatives
Landing pages Not Disclosed Available
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 Not Disclosed
Tradable markets & scope BondsCommoditiesCrypto CfdsEtfForexIndicesStocks≈ 17000 instruments CommoditiesCrypto CfdsForexIndicesStocks
Min Deposit (FTD) Not Disclosed $150
Max Leverage Not Disclosed Not Disclosed
Execution model Not Disclosed Not Disclosed
Avg EURUSD Spread Not Disclosed 0.8 pips
Spread type Not Disclosed Not Disclosed
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 Available
Compliance & Geo
Restricted Countries United StatesBelgium BelgiumSpainFrancePortugal
US Clients Acceptance Not Disclosed Not accepted