How do I join BlackBull Markets as a sub-IB?

Apply via Join as Sub-IB tracked link, complete KYC, confirm Master IB linking with both Partner IDs.

BlackBull Markets Affiliate Program 2026: CPA Rates, Revenue Share & Review

What is the BlackBull Markets affiliate program?

BlackBull Markets offers up to $1000 CPA per qualified trader and up to 35% lifetime revenue share. Monthly payouts with $50 minimum. BlackBull Markets offers one of the highest CPA programs with up to $1,000 per qualified trader, plus IB models. Regulated in New Zealand and with no negative affiliate reviews, BlackBull is a reliable high-CPA partner.

Last reviewed:September 26, 2026

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By:BrokerAnalysis Research

Last verified: Sep 2026

Commission Structure

CPA Rate

$300 – $1000

Per qualified referral. Rate depends on trader's country and deposit amount.

Revenue Share

15% – 35%

Of the broker's spread/commission revenue from referred traders. Lifetime recurring.

Per Lot Rebate

$2 – $5

Per lot traded by your referrals. Recurring for the lifetime of each client.

How does the BlackBull Markets sub-affiliate program work?

BlackBull Markets offers a 2-level sub-affiliate structure. Earn override commissions from sub-affiliates you recruit into the BlackBull partner program Monthly payouts, $50 minimum. Override settles with standard IB cycle. Example only — requires volume plus retention, not typical.

Sub-Affiliate Override — 2 Levels

Earn override commissions from sub-affiliates you recruit into the BlackBull partner program

Level 1 — Direct sub-partners you recruit

Share of Level 1 commissions — confirm current rates in your partner portal.

Level 2 — Level 2 network

Share of Level 2 commissions — confirm current rates in your partner portal.

Headline override: 10% of sub-IB commissions. Example only — requires volume + retention, not typical.

Monthly payouts, $50 minimum. Override settles with standard IB cycle.

Use the tracked affiliate application so your referrals are attributed to you.

Affiliate override estimator

Traders in their network

Lots / trader / mo

$ / lot

Override %

$80 /mo example

Example only — requires active volume + retention. Affiliate earnings, not trading profits. Past activity does not predict future results.

How to join BlackBull Markets as a sub-IB under BrokerAnalysis

Open the partner application via the tracked affiliate application ( /go/blackbull?type=subaffiliate).
Complete partner verification with bta 42973.
Confirm sub-affiliate linking in the partner portal, then share your link.

Open the tracked BlackBull Markets partner application

Tracked via /go/blackbull?type=subaffiliate. This opens BlackBull Markets's partner registration, not a trading account. 18+, affiliate disclosure applies, trading is risky.

Risk Warning: Forex and CFD trading involves significant risk of loss and may not be suitable for all investors. You could lose more than your initial investment. 68-80% of retail investor accounts lose money when trading CFDs with most providers. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

Not Financial Advice:

Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.

Affiliate Disclosure:

BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our Content Standards.

Key Program Features

PAYOUT FREQUENCYMonthly

MINIMUM PAYOUT$50

COOKIE DURATION30 days

COMMISSION MODELSCPA, IB

REGULATORSFMA, FSA

SUB-AFFILIATESYes (2 levels)

Additional Features

CPA up to $1,000

Dual CPA and IB models

Performance analytics dashboard

Dedicated affiliate manager

Custom deal negotiations for top performers

Earning Scenarios

Model	Referrals	Monthly Volume	Estimated Earnings
CPA	10	—	$3,000 – $10,000
IB	10	100 lots	$500 – $2,000/mo
Sub-IB	20	—	$400 – $1,500/mo (from network override, example only)

Pros & Cons

Advantages

CPA up to $1,000 — among the highest paying
Flexible CPA and IB commission structures
Competitive ECN spreads boost conversions
Advanced analytics for campaign optimization
No negative affiliate reviews on FPA

Disadvantages

Monthly payouts only
IB per-lot rates lower than competitors
Sub-affiliate terms vary by region — confirm in portal
CPA rates vary significantly by country

Join BlackBull Markets: Trader link vs Sub-IB link

Refer traders for CPA/rebate, or recruit affiliates for override. Monthly payouts, min $50.

Join as Affiliate Join as Sub-IB

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