OANDA vs Admirals: Which Partnership Program is Better?

Compare Variables	OANDA Trustpilot 3.6 1,227 reviews Replace OANDA in this comparison AvaTrade Axi CMC Markets Capital.com Exness FBS FOREX.com FP Markets FxPro HF Markets IC Markets Global IG Interactive Brokers Just Markets OANDA Octa Broker Pepperstone Plus 500 Saxo Bank Vantage Markets XM XTB	Admirals Trustpilot 4.1 2,165 reviews Replace Admirals in this comparison Admirals AvaTrade Axi CMC Markets Capital.com Exness FBS FOREX.com FP Markets FxPro HF Markets IC Markets Global IG Interactive Brokers Just Markets Octa Broker Pepperstone Plus 500 Saxo Bank Vantage Markets XM XTB
Partnership analysis
Key Advantages	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.	Extensive Asset OfferingPartners can market over 8,000 tradable instruments, including Forex, stocks, ETFs, and crypto CFDs, appealing to a broad demographic of traders. Flexible Compensation ModelsThe program supports Revenue Share (up to 50%), CPA, and Hybrid models, allowing IBs to tailor their earning structure to their traffic type. Multi-Level Sub-IB SupportAdmirals offers a multi-level partnership structure, enabling IBs to build sub-affiliate networks for compounded revenue generation.
Considerations	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.	Strict CPA Requirements In EuropeCPA models for EU and UK traffic are restricted exclusively to licensed partners, limiting options for standard affiliates in these regions. Low Maximum LeverageThe maximum leverage is capped at 1:30, which may deter high-risk traders seeking higher margin capabilities. Specific Regional RestrictionsThe broker explicitly restricts its services to residents of Belgium and the Czech Republic, narrowing the addressable market in Europe.
Entity & registration
Registered entity	United States	Cyprus
Headquarters	United Kingdom	Cyprus
Offshore entity	Not Disclosed	Seychelles
Regulatory licences
Regulatory Status	Highly Regulated	Standard Regulated
Regulatory licences	FCACFTC NFACIROMASKNF	CYSEC
Key affiliate snapshot
Payout Frequency	Monthly	Not Disclosed
Tracking Method	Cookie	Cookie
Withdrawal Methods	Wire transfer	Not Disclosed
Sub-IB Tiers	Not Disclosed	Not Disclosed
Last verified	Aug 2, 2026	Aug 2, 2026
Commission Structure
Volume RevShare	Not Disclosed	Not Disclosed
CPA Model	Up to $600	Not Disclosed
Hybrid Model	Not Disclosed	Available
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	Not Disclosed	Not Disclosed
Banners	Available	Not Disclosed
Educational materials	Not Disclosed	Available
Promo codes	Not Disclosed	Not Disclosed
Widgets	Not Disclosed	Not Disclosed
IB Support
Dedicated account manager	Available	Not Disclosed
Sub-IB tracking tools	Not Disclosed	Not Disclosed
Custom partner conditions	Not Disclosed	Not Disclosed
Client Trading Conditions
Trading Platforms	MT5TradingView	MT4MT5WebTrader
Tradable markets & scope	BondsCommoditiesCrypto CfdsEtfForexIndicesStocks≈ 4000 instruments	CommoditiesCrypto CfdsEtfForexIndicesStocks≈ 8000 instruments
Min Deposit (FTD)	Not Disclosed	Not Disclosed
Max Leverage	Not Disclosed	1:30
Execution model	Not Disclosed	Not Disclosed
Avg EURUSD Spread	1 pips	0.6 pips
Spread type	Mixed	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	Not Disclosed	BelgiumCzechia
US Clients Acceptance	Not accepted	Not Disclosed

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