Revenika.

Plus 500 vs Saxo Bank: Which Forex Affiliate & IB Program is Better?

Scale your partner business with precision. A data-backed breakdown of Plus 500 and Saxo Bank, analyzing commission structures, regulatory safeguards, and the trading conditions that keep your clients active for the long term.

Compare Variables
Plus 500
Trustpilot 4.2 19,629 reviews
Saxo Bank
Trustpilot 3.7 8,660 reviews
Partnership analysis
Key Advantages
  • Extensive Regulatory FrameworkPlus500 is regulated by multiple top-tier authorities including the FCA, ASIC, and CySEC, ensuring high compliance standards.
  • High CPA PotentialThe 500Affiliates program offers a competitive CPA payout structure, allowing partners to earn up to $800 per qualified trader.
  • Broad Asset SelectionPartners can promote over 2,500 tradable instruments across various asset classes, including forex, commodities, and indices.
  • Extensive Regulatory FrameworkSaxo Bank holds licenses from multiple Tier-1 regulators, including the Danish FSA, FCA, and MAS, providing a highly secure environment for client funds.
  • Comprehensive Multi-Asset OfferingPartners can market over 71,000 instruments across forex, stocks, bonds, ETFs, and commodities, catering to a diverse and sophisticated client base.
  • Advanced API IntegrationThe broker provides robust OpenAPI technology, allowing partners to create bespoke, fully integrated user experiences and seamless front-to-back operations.
Considerations
  • Proprietary Platform OnlyPlus500 operates exclusively on its proprietary trading technology, which may deter traders specifically seeking third-party environments.
  • Strict Marketing GuidelinesAffiliates must adhere to rigorous compliance rules and can only promote the brand on pre-approved websites.
  • No Volume-Based RevShare DisclosedThe official documentation primarily highlights CPA and Sub-IB models, lacking explicit details on standard volume-based revenue sharing.
  • Proprietary Platform FocusThe broker relies heavily on its proprietary SaxoTrader and SaxoInvestor platforms, which may require a learning curve for clients accustomed to standard third-party software.
  • Institutional Target AudienceThe extensive product range and sophisticated tools are primarily tailored toward advanced traders and institutional clients, potentially limiting conversion rates among novice retail traders.
  • Stringent Onboarding RequirementsAs a highly regulated bank, Saxo enforces strict KYC and compliance protocols, which may extend the time required to fully onboard and activate referred clients.
Entity & registration
Registered entity
Estonia
Denmark
Headquarters
Estonia
Denmark
Offshore entity
Seychelles
Not Disclosed
Regulatory licences
Regulatory Status Highly Regulated Highly Regulated
Regulatory licences ASICCFTC NFAFCAJFSAMASCYSECSCAFSA SEYCHELLESSCB DFSA DENMARKFCAMASFINMACONSOBJFSA
Key affiliate snapshot
Payout Frequency Not Disclosed Monthly
Tracking Method Not Disclosed Not Disclosed
Withdrawal Methods Not Disclosed 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 $800 Not Disclosed
Hybrid Model Not Disclosed 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 API
Marketing & Creatives
Landing pages Available Not Disclosed
Banners Available Not Disclosed
Educational materials Not Disclosed Not Disclosed
Promo codes Not Disclosed Not Disclosed
Widgets Available Not Disclosed
IB Support
Dedicated account manager Not Disclosed Available
Sub-IB tracking tools Not Disclosed Not Disclosed
Custom partner conditions Not Disclosed Not Disclosed
Client Trading Conditions
Trading Platforms Not Disclosed Not Disclosed
Tradable markets & scope CommoditiesCrypto CfdsEtfForexIndicesStocks≈ 2500 instruments BondsCommoditiesCrypto CfdsEtfForexIndicesStocks
Min Deposit (FTD) Not Disclosed $0
Max Leverage Not Disclosed Not Disclosed
Execution model Not Disclosed ECN
Avg EURUSD Spread Not Disclosed Not Disclosed
Spread type Not Disclosed Not Disclosed
ECN commission (per lot) Not Disclosed Not Disclosed
Bonus campaigns Not Disclosed 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 Not Disclosed
US Clients Acceptance Not Disclosed Not accepted