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Just Markets
Trustpilot 3.6 4,471 reviews
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Axi
Trustpilot 4.1 7,310 reviews
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Partnership analysis
Key Advantages
  • High Revenue Share PotentialIBs can earn up to 45% of the spread revenue generated by their referred clients, providing a lucrative earning ceiling.
  • Universal Swap-Free TradingAll client accounts automatically receive swap-free status regardless of their country of residence, which is a strong acquisition tool for global audiences.
  • Daily Commission PayoutsPartners benefit from daily payouts and instant withdrawals, ensuring consistent and reliable cash flow.
  • 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
  • Variable Spreads on Standard AccountsThe average spread for EURUSD on Standard accounts is noted at 4.5 pips, which may be higher than some competitors and could affect high-frequency traders.
  • Limited Platform DetailsWhile a proprietary mobile app and MT server time are mentioned, specific details regarding the availability of advanced desktop platforms like MT4 or MT5 are not prominently detailed in the general text.
  • Strict Verification RequirementsThe broker enforces rigorous KYC and AML policies, requiring high-resolution, apostilled documents in some cases, which might slow down the client onboarding process.
  • 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
Seychelles
St. Vincent and the Grenadines
Headquarters Not Disclosed Not Disclosed
Offshore entity
Mauritius
St. Vincent and the Grenadines
Regulatory licences
Regulatory Status Standard Regulated Highly Regulated
Regulatory licences CYSECFSCAFSA SEYCHELLESFSC MAURITIUSFSC BVI ASICFCAFMA NZCYSECDFSASVGFSA
Key affiliate snapshot
Payout Frequency Daily Daily
Tracking Method Cookie Not Disclosed
Withdrawal Methods Wire transferOther CryptoOther
Sub-IB Tiers Not Disclosed Not Disclosed
Last verified Aug 2, 2026 Aug 2, 2026
Commission Structure
RevShare (% of spread/commission) Up to 45% 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 Available 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 Not Disclosed Available
Sub-IB tracking tools Not Disclosed Not Disclosed
Custom partner conditions Not Disclosed Not Disclosed
Client Trading Conditions
Trading Platforms MetaTrader (version not specified) MT4MT5WebTrader
Tradable markets & scope CommoditiesCrypto CfdsForexIndicesStocks CommoditiesCrypto CfdsEtfForexIndicesStocks≈ 1200 instruments
Min Deposit (FTD) Not Disclosed Not Disclosed
Max Leverage 1:3000 1:1000
Execution model Not Disclosed Not Disclosed
Avg EURUSD Spread 4.5 pips 0.6 pips
Spread type Variable Variable
ECN commission (per lot) Not Disclosed $4 per lot
Bonus campaigns Not Disclosed Not available
Swap-Free / Islamic Accounts Available 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 Not Disclosed AustraliaNew Zealand
US Clients Acceptance Not accepted Not accepted