Pepperstone vs OANDA: 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 Just Markets Octa Broker Pepperstone Plus 500 Saxo Bank Vantage Markets XM XTB	OANDA Trustpilot 3.6 1,227 reviews Replace OANDA 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.	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.
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 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.
Entity & registration
Registered entity	Not Disclosed	United States
Headquarters	Not Disclosed	United Kingdom
Offshore entity	Not Disclosed	Not Disclosed
Regulatory licences
Regulatory Status	No Data	Highly Regulated
Regulatory licences	Unregulated	FCACFTC NFACIROMASKNF
Key affiliate snapshot
Payout Frequency	Daily	Monthly
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 $600
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	Not Disclosed
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	MT5TradingView
Tradable markets & scope	CommoditiesCrypto CfdsForexIndicesStocks	BondsCommoditiesCrypto CfdsEtfForexIndicesStocks≈ 4000 instruments
Min Deposit (FTD)	Not Disclosed	Not Disclosed
Max Leverage	Not Disclosed	Not Disclosed
Execution model	NDD	Not Disclosed
Avg EURUSD Spread	Not Disclosed	1 pips
Spread type	Not Disclosed	Mixed
ECN commission (per lot)	Not Disclosed	Not Disclosed
Bonus campaigns	Not Disclosed	Available
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	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 OANDA: Which Forex Affiliate & IB Program is Better?