Pepperstone vs Just Markets: Which Partnership Program is Better?

Compare Variables	Pepperstone Trustpilot 4.3 3,527 reviews Replace Pepperstone 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 OANDA Octa Broker Pepperstone Plus 500 Saxo Bank Vantage Markets XM XTB	Just Markets Trustpilot 3.6 4,471 reviews Replace Just Markets 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 OANDA Octa Broker Plus 500 Saxo Bank Vantage Markets XM XTB
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 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.
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.	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.
Entity & registration
Registered entity	Not Disclosed	Seychelles
Headquarters	Not Disclosed	Not Disclosed
Offshore entity	Not Disclosed	Mauritius
Regulatory licences
Regulatory Status	No Data	Standard Regulated
Regulatory licences	Unregulated	CYSECFSCAFSA SEYCHELLESFSC MAURITIUSFSC BVI
Key affiliate snapshot
Payout Frequency	Daily	Daily
Tracking Method	Cookie	Cookie
Withdrawal Methods	Not Disclosed	Wire transferOther
Sub-IB Tiers	Not Disclosed	Not Disclosed
Last verified	Aug 2, 2026	Aug 2, 2026
Commission Structure
RevShare (% of spread/commission)	Up to 50%	Up to 45%
CPA Model	Up to $800	Not Disclosed
Hybrid Model	Available	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	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	Not Disclosed
Sub-IB tracking tools	Not Disclosed	Not Disclosed
Custom partner conditions	Not Disclosed	Not Disclosed
Client Trading Conditions
Trading Platforms	MT4MT5cTraderTradingView	MetaTrader (version not specified)
Tradable markets & scope	CommoditiesCrypto CfdsForexIndicesStocks	CommoditiesCrypto CfdsForexIndicesStocks
Min Deposit (FTD)	Not Disclosed	Not Disclosed
Max Leverage	Not Disclosed	1:3000
Execution model	NDD	Not Disclosed
Avg EURUSD Spread	Not Disclosed	4.5 pips
Spread type	Not Disclosed	Variable
ECN commission (per lot)	Not Disclosed	Not Disclosed
Bonus campaigns	Not Disclosed	Not Disclosed
Swap-Free / Islamic Accounts	Not Disclosed	Available
Crypto deposits (traders)	Not Disclosed	Not Disclosed
Reduced-KYC onboarding	Not Disclosed	Not Disclosed
Investment Programs
PAMM / MAM System	Available	Not Disclosed
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	Not Disclosed
US Clients Acceptance	Not accepted	Not accepted

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