XM vs Axi: Which Partnership Program is Better?

Compare Variables	XM Trustpilot 2.2 3,168 reviews Replace XM in this comparison Admirals AvaTrade CMC Markets Capital.com Exness FBS FOREX.com FP Markets FxPro HF Markets IC Markets Global IG Interactive Brokers Just Markets OANDA Octa Broker Pepperstone Plus 500 Saxo Bank Vantage Markets XM XTB	Axi Trustpilot 4.1 7,310 reviews Replace Axi 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 Pepperstone Plus 500 Saxo Bank Vantage Markets XTB
Partnership analysis
Key Advantages	High CPA and Revenue Share PotentialPartners can earn up to $1,000 CPA per qualified client and up to $90 per lot in revenue share, providing significant earning potential. Daily Commission PayoutsXM processes affiliate commissions daily via an automated system, ensuring partners have rapid access to their earnings. Extensive Regulatory FrameworkThe broker holds licenses from multiple respected regulators, including CySEC, FCA, and ASIC, which enhances brand trust and conversion rates.	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	Strict Regional RestrictionsPartners are prohibited from soliciting clients from several European countries, including Belgium, France, Spain, and Portugal. High CPA Qualification ThresholdsTo qualify for CPA payouts, referred clients must meet specific deposit minimums (e.g., $150) and complete a required number of round lots within 12 months. Dormancy Fees on Affiliate AccountsAffiliate e-wallets with no activity for six consecutive months are subject to a $10 monthly dormancy fee.	Regional RestrictionsThe broker does not provide services to residents of certain countries, including Australia and New Zealand, under its offshore entity. Complex Regulatory StructureNavigating the different regulatory environments (ASIC, FCA, CySEC, etc.) may require IBs to carefully segment their client onboarding. Variable SpreadsWhile competitive, spreads are variable and dependent on market conditions, which may affect high-frequency traders.
Entity & registration
Registered entity	Cyprus	St. Vincent and the Grenadines
Headquarters	Cyprus	Not Disclosed
Offshore entity	Not Disclosed	St. Vincent and the Grenadines
Regulatory licences
Regulatory Status	Highly Regulated	Highly Regulated
Regulatory licences	BAFINCNMVCONSOBFIN FSAAFMFI SWEDENFCAASICCYSECMNBKNF	ASICFCAFMA NZCYSECDFSASVGFSA
Key affiliate snapshot
Payout Frequency	Daily	Daily
Tracking Method	S2S / postback	Not Disclosed
Withdrawal Methods	Wire transferSkrillNetellerOther	CryptoOther
Sub-IB Tiers	Not Disclosed	Not Disclosed
Last verified	Aug 2, 2026	Aug 2, 2026
Commission Structure
Lot Rebate ($/lot)	Up to $90 per lot	Up to $12 per lot
CPA Model	Up to $1000	Up to $1200
Hybrid Model	Not Disclosed	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	S2S Postback API Webhooks	Not Disclosed
Marketing & Creatives
Landing pages	Available	Available
Banners	Available	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	Not Disclosed	MT4MT5WebTrader
Tradable markets & scope	CommoditiesCrypto CfdsForexIndicesStocks	CommoditiesCrypto CfdsEtfForexIndicesStocks≈ 1200 instruments
Min Deposit (FTD)	$150	Not Disclosed
Max Leverage	Not Disclosed	1:1000
Execution model	Not Disclosed	Not Disclosed
Avg EURUSD Spread	0.8 pips	0.6 pips
Spread type	Not Disclosed	Variable
ECN commission (per lot)	Not Disclosed	$4 per lot
Bonus campaigns	Available	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	BelgiumSpainFrancePortugal	AustraliaNew Zealand
US Clients Acceptance	Not accepted	Not accepted

XM vs Axi: Which Forex Affiliate & IB Program is Better?