EasyMarkets has been operating in the business since 2003 (the company has changed the name from easy-Forex to easyMarkets in 2016). EasyMarkets broker is regulated by the Australian Securities and Investments Commission (ASIC). The Australian Financial Service (AFS) license (No. 246566) enables the company to act as a market maker, dealer and provider of general advice in the derivative market. And, of course, they also have an easyMarkets affiliate program.
Dukascopy Bank SA is an ECN Swiss broker, offering some of the most competitive spreads in the Forex industry. Dukascopy Bank is regulated by FINMA. Deposits are protected by Swiss government in the amount of CHF 100,000 for each client. This is a very reliable broker so what exactly can you expect if you decide to become a Dukascopy affiliate? Well, their program for Introducing brokers is called “Business introducer program“. As they state, the program is both – for individuals as well as companies to receive a commission for referring clients to Dukascopy Bank SA or Dukascopy Europe (an EU subsidiary of Dukascopy Bank SA).
XM (formerly Trading-Point.com and XEMarkets.com) is a trading name of Trading Point Holdings Ltd. The company is registered in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 120/10. They are also registered with FCA (FSA, United Kingdom), registered with BaFin (Germany) and registered with CNMV (Spain). Trading Point of Financial Instruments Ltd operates in accordance with MiFID. MiFID means the “Markets in Financial Instruments Directive” of the European Union.
IronFX has been operating in the Forex business since 2010. The broker is regulated by Cyprus authority – CySEC (Licence no. 125/10). As the company states: “With up to $600 CPA, Iron affiliates can profit from the international renown of a solid, multi award-winning broker partnered with the world’s most successful football team, FC Barcelona.” However, we have investigated the statement and have not found any evidence of such partnership. Here is the list of official partners of FC Barcelona and IronFX is not listed among them.
InstaForex broker has been in the Forex business since 2007 and nowadays has 260 offices all over the world. According to them, they have more than 2,000,000 traders and more than 1,000 new clients open accounts every day. Surprisingly, we have not found any information about their regulator. Our investigation shows that Instaforex operates as an non-regulated broker and their headquarter is located in Kaliningrad, Russia.