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Pepperstone vs IC Markets Global: Which Forex Affiliate & IB Program is Better?

Scale your partner business with precision. A data-backed breakdown of Pepperstone and IC Markets Global, analyzing commission structures, regulatory safeguards, and the trading conditions that keep your clients active for the long term.

Compare Variables
Pepperstone
Trustpilot 4.3 3,527 reviews
IC Markets Global
Trustpilot 4.8 55,385 reviews
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.
  • Flexible Commission StructuresPartners can choose between CPA payouts up to $650 or a Revenue Share model offering up to $2 per standard lot on Raw Spread accounts.
  • Multi-Tiered Volume IncentivesThe program rewards high-performing IBs with additional fixed commissions per lot when specific trading volume thresholds are met over consecutive months.
  • Comprehensive Platform SupportReferrals have access to industry-standard trading platforms including MetaTrader 4, MetaTrader 5, and cTrader, enhancing client acquisition and retention.
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.
  • Strict CPA Qualification CriteriaTo trigger a CPA payout, referred clients must deposit a minimum of $200 and trade at least 5 lots within a 90-day period.
  • Geographical CPA TieringCPA payouts are heavily dependent on the client's country of residence, with lower-tier regions yielding significantly reduced referral fees.
  • Regional RestrictionsThe broker explicitly prohibits the solicitation of residents from the United States and other banned jurisdictions, limiting the addressable market for some partners.
Entity & registration
Registered entity Not Disclosed
Seychelles
Headquarters Not Disclosed Not Disclosed
Offshore entity Not Disclosed Available
Regulatory licences
Regulatory Status No Data Offshore Licensed
Regulatory licences Unregulated FSA SEYCHELLES
Key affiliate snapshot
Payout Frequency Daily DailyMonthlyWeekly
Tracking Method Cookie Cookie
Withdrawal Methods Not Disclosed Wire transfer
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 $650
Hybrid Model Available Volume leg up to 4; CPA leg up to $250
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 Not Disclosed Available
Educational materials Not Disclosed Available
Promo codes Not Disclosed Not Disclosed
Widgets Not Disclosed Available
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 MT4MT5cTraderTradingView MT4MT5cTrader
Tradable markets & scope CommoditiesCrypto CfdsForexIndicesStocks CommoditiesForex
Min Deposit (FTD) Not Disclosed $200
Max Leverage Not Disclosed Not Disclosed
Execution model NDD Not Disclosed
Avg EURUSD Spread Not Disclosed Not Disclosed
Spread type Not Disclosed Raw Spread
ECN commission (per lot) Not Disclosed Not Disclosed
Bonus campaigns Not Disclosed Not available
Swap-Free / Islamic Accounts Not Disclosed Not Disclosed
Crypto deposits (traders) Not Disclosed Not 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 United States
US Clients Acceptance Not accepted Not accepted