BlackBull Advertises Affiliate Payouts of Up to $1,000

BlackBull Markets advertises up to $1,000 per client, while Axi lists up to $600; varying terms mean the figures do not show brokers’ average affiliate acquisition costs.

BlackBull Partners displays base rates of $500, $375, $250 and $125 across four country groups. Its volume bonus can reach 100% for affiliates bringing in at least 100 qualified accounts a month.

Axi advertises up to $600 per qualified client. Its hybrid plan offers up to $300 per client plus as much as 40% of revenue on each trade. The program also lists ongoing introducing-broker commissions tied to referred clients’ trading activity.

FXTM lists a maximum payout of $600 per qualified trader and says accrued commissions are paid monthly between days 1 and 15 of the following month. FXTM defines cost-per-acquisition (CPA) as a one-time payment for a referred customer who meets its qualification criteria.

BlackBull Markets Chief Business Development Officer Anish Lal argues brokers can attract introducers through service and client retention rather than larger CPA payouts. He illustrates the cost of acquiring a client with an $800 CPA compared with a $400 to $500 average first deposit, and a projected recovery period of six to 12 months.

Lal also contrasts two example client books: one with average deposits of $1,000 and eight to 10 months of activity, and another with $300 average deposits and customers leaving within 60 days. He presents these as examples, not results from named companies or measurements of the broader market.

The advertised maximums and different qualification terms do not establish an average payout across brokers.