What is the XM affiliate program?
Commission Structure
CPA Rate
Per qualified referral. Rate depends on trader's country and deposit amount.
Revenue Share
Of the broker's spread/commission revenue from referred traders. Lifetime recurring.
Per Lot Rebate
Per lot traded by your referrals. Recurring for the lifetime of each client.
How does the XM sub-affiliate program work?
Sub-Affiliate Override — 5 Levels
Master IB program with 10% commission from sub-affiliates' earnings across up to 5 levels
Headline override: 10% of sub-IB commissions. Example only — requires volume + retention, not typical.
Daily payouts, $5 minimum. Override settles with standard IB rebate.
Use the tracked affiliate application so attribution flows to partner linking.
Affiliate override estimator
Example only — requires active volume + retention. Affiliate earnings, not trading profits. Past activity does not predict future results.
How to join XM as a sub-IB under BrokerAnalysis
- Open the partner application via the tracked affiliate application ( /go/xm?type=subaffiliate).
- Complete KYC and partner approval in the client portal (usually 24-48h).
- Email both Partner IDs to the broker partnerships desk to confirm the partner linking, then share your own sub-affiliate link.
Tracked via /go/xm?type=subaffiliate. This opens XM's partner registration, not a trading account. 18+, affiliate disclosure applies, trading is risky.
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Key Program Features
Additional Features
Earning Scenarios
| Model | Referrals | Monthly Volume | Estimated Earnings |
|---|---|---|---|
| CPA | 10 | — | $5,000 – $10,000 |
| IB | 10 | 100 lots | $3,000 – $8,000/mo |
| IB | 50 | 500 lots | $15,000 – $40,000/mo |
| Sub-IB | 100 | — | $1,500 – $4,000/mo (from sub-IB network) |
Pros & Cons
Advantages
- Up to $80 per lot on FX — industry-leading IB rates
- Master IB system with 5-level sub-affiliate structure
- 10% commission from sub-affiliates' total earnings
- Daily payouts with very low $5 minimum
- Global brand with high conversion rates
Disadvantages
- CPA rates capped at $1,000
- Country-dependent commission tiers
- High competition among affiliates
Join XM: Trader link vs Sub-IB link
Refer traders for CPA/rebate, or recruit affiliates for override. Daily payouts, min $5.




