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Pepperstone
Trustpilot 4.3 3,527 reviews
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Axi
Trustpilot 4.1 7,310 reviews
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Partnership analysis
Key Advantages
  • High CPA PayoutsAffiliates can earn up to USD 800 per qualified client, depending on the client's country of origin.
  • Competitive IB Revenue ShareIntroducing Brokers can earn up to 50% of spreads and commissions, with daily rebate payouts.
  • Diverse Platform OfferingPartners can promote a wide range of trading platforms, including MT4, MT5, cTrader, and TradingView, catering to various trader preferences.
  • 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
  • Extensive Country RestrictionsThe affiliate program does not accept traffic from numerous jurisdictions, including Russia, Iran, and several African and Middle Eastern nations.
  • Regional Program LimitationsCertain partnership programs and rewards are unavailable in heavily regulated regions such as the EEA, UK, and Australia.
  • Variable CPA TiersCPA payouts fluctuate significantly (from USD 300 to USD 800) based on the specific country group of the referred client.
  • 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 Not Disclosed
St. Vincent and the Grenadines
Headquarters Not Disclosed Not Disclosed
Offshore entity Not Disclosed
St. Vincent and the Grenadines
Regulatory licences
Regulatory Status No Data Highly Regulated
Regulatory licences Unregulated ASICFCAFMA NZCYSECDFSASVGFSA
Key affiliate snapshot
Payout Frequency Daily Daily
Tracking Method Cookie Not Disclosed
Withdrawal Methods Not Disclosed CryptoOther
Sub-IB Tiers Not Disclosed Not Disclosed
Last verified Aug 2, 2026 Aug 2, 2026
Commission Structure
RevShare (% of spread/commission) Up to 50% Not Disclosed
CPA Model Up to $800 Up to $1200
Hybrid Model Available 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 Not Disclosed Available
Banners Not Disclosed 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 MT4MT5cTraderTradingView MT4MT5WebTrader
Tradable markets & scope CommoditiesCrypto CfdsForexIndicesStocks CommoditiesCrypto CfdsEtfForexIndicesStocks≈ 1200 instruments
Min Deposit (FTD) Not Disclosed Not Disclosed
Max Leverage Not Disclosed 1:1000
Execution model NDD Not Disclosed
Avg EURUSD Spread Not Disclosed 0.6 pips
Spread type Not Disclosed Variable
ECN commission (per lot) Not Disclosed $4 per lot
Bonus campaigns Not Disclosed Not available
Swap-Free / Islamic Accounts Not Disclosed Not Disclosed
Crypto deposits (traders) Not Disclosed Available
Reduced-KYC onboarding Not Disclosed Not available
Investment Programs
PAMM / MAM System Available Available
Compliance & Geo
Restricted Countries AfghanistanAntarcticaArmeniaAzerbaijanBelarusBelizeBhutanBosnia and HerzegovinaCameroonCentral African RepublicChadCongoCongoCôte d'IvoireEritreaFrench GuianaFrench PolynesiaGuadeloupeGuamGuineaGuinea-BissauGuyanaHaitiHoly See (Vatican City State)IranIraqKazakhstanLebanonLiberiaLibyaMaliMartiniqueMayotteMozambiqueMyanmarNicaraguaNorth KoreaPalestineRéunionRussian FederationSaint Kitts and NevisSaint LuciaSaint Vincent and the Grenadines AustraliaNew Zealand
US Clients Acceptance Not accepted Not accepted