Updated September 29, 2026 · AffCue Editorial Team
BlackBull Partners vs FXTM
Facts checked September 26, 2026.
Facts checked September 26, 2026.
Where BlackBull Partners and FXTM differ
| Compare |  BlackBull Partners | FXTM ReviewSee alternativesSee alternatives |
|---|---|---|
| Commission terms | CPA up to $1,000 per client | Up to $600 CPA per trader |
| Cookie window | 365 daysHigher | 30 days |
| Recurring commission | YesHas it | No |
| Payout frequency | Monthly | Monthly, 1st to 15th |
| Payout per sale or signup | $1,000Higher | $600 |
| Networks | Cellxpert | Not confirmed |
Same on both: Verticals (Investing).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Cookie window is higher at BlackBull Partners: 365 days vs 30 days.
- Recurring commission: only BlackBull Partners.
- Payout per sale or signup is higher at BlackBull Partners: $1,000 vs $600.
- Support channels: only BlackBull Partners offers Email.
- Support channels: only FXTM offers Help centre.
- Pricing model: only BlackBull Partners offers CPL, Revshare.
Our verdict on each
BlackBull Partners
BlackBull Partners pays among the richer per-client figures in the directory, with commission of CPA up to $1,000 per client and a cookie window of 365 days, plus recurring commission on top. It suits publishers with a trading or investing audience who can plan around Monthly payouts.
FXTM
FXTM pays Up to $600 CPA per trader for a trader who signs up, which suits publishers promoting a single broker and happy to be paid on approval. What you give up for that simplicity is a 30 day cookie window, no recurring commission on accounts that stay open, and support through help centre alone.
Earnings on 10 sales of 100
BlackBull Partners
$10,000
10 × $1,000
FXTM
$6,000
10 × $600
BlackBull Partners comes out $4,000 ahead.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
Area by area
- BlackBull Partners leads narrowly on cost.
- Offer goes to BlackBull Partners, led by cookie window: 365 days vs 30 days.
How they place
| Ranking | BlackBull Partners | FXTM |
|---|---|---|
| Finance affiliate programs | 8 of 425 | 26 of 425 |
| Investing and trading programs | 5 of 87 | 14 of 87 |
Every fact side by side
| Fact | BlackBull Partners | FXTM |
|---|---|---|
| Pricing model | CPA, CPL, RevshareCovers more | CPA |
| Features | Direct, Referral | Direct, Referral |
| Region | Global | Not confirmed |
| Legal entity | Black Bull Group Limited | Not confirmed |
| Headquarters | New Zealand | Not confirmed |
| Founded | 2014 | Not confirmed |
| Support channels | Help centre |
Where each stands against the rest
| Fact | BlackBull Partners | FXTM | Median |
|---|---|---|---|
| Cookie window | 365 dayshighest quarter | 30 daysat the median | 30 days |
| Payout per sale or signup | $1,000highest quarter | $600highest quarter | $160 |
Median across 146 listed affiliate programs.
Pros and cons
BlackBull Partners
Pros
- Commission of CPA up to $1,000 per client is among the stronger per-client figures in the directory
- A cookie window of 365 days puts the programme at the top of 129 brands on that measure
- Recurring commission means an approved client can keep paying out afterwards
Cons
- Support runs on email only, so a publisher with a live question waits for a reply
- The programme covers investing alone, which narrows what a mixed-niche site can promote
- Payouts are Monthly, so earnings wait longer than a weekly schedule
FXTM
Pros
- Payout timing is fixed at Monthly, 1st to 15th, so every month of activity has a known pay date rather than an open wait.
- Tracking covers direct and referral links, so paid search and organic recommendations can be reported side by side instead of being split.
- The model list is cpa only, so each approved trader carries a single rate and the reporting sheet stays simple.
Cons
- Recurring commission is no, so a trader who keeps the account open pays the fee at approval and nothing in the months after.
- The cookie window of 30 days ranks 39 of 129 programs on that measure, and a reader who decides slowly comes back uncounted.
- Support runs on help centre only, which leaves a publisher without a named manager when attribution needs sorting out.
Who each suits
BlackBull Partners
Who it suits
- Publishers whose readers trade or invest, matched by investing
- Anyone selling long considered finance content, helped by a 365 day window
- Brokers or educators with an audience spread beyond a single market, since it runs in global
Who should look elsewhere
- Anyone who needs a phone or live chat channel, since support runs on email only
- Sites outside trading and investing, because investing is the only covered sector
- Anyone chasing per-sale percentages, which Admitad offers through 5% per sale rather than a per-client payout
FXTM
Who it suits
- Publishers with a trading and investing readership, since investing is the only vertical listed and content can line up with it.
- Anyone who prefers a large approved-trader payment to a percentage of volume, because the model is cpa and the rate is fixed.
- Sites that send warm search or social traffic to a broker page, since tracking covers direct and referral links and payouts are scheduled at Monthly, 1st to 15th.
Who should look elsewhere
- Publishers building monthly income from a single account: mintos pays Hybrid lead and CPA commission, and recurring commission here is no.
- Anyone promoting business banking: qonto pays CPA per registration plus KYB bonus, and the listed vertical here is investing only.
- Retail volume publishers: admitad pays 5% per sale, so a spread of small sales can outweigh a single approved trader.
Questions about each
BlackBull Partners
How much does BlackBull Partners pay per client?+
Commission runs at CPA up to $1,000 per client, and the top of the range is $1,000. The programme uses CPA, so payment follows an approved client rather than a click. Recurring commission is included, which can extend earnings past the opening conversion.
How long is the cookie window on BlackBull Partners?+
The attribution window is 365 days. That is a long window for a finance programme, where many listings carry a much shorter window. It gives a reader time to read, compare and sign up before the window closes.
FXTM
How much does FXTM pay for a referred trader?+
The stated terms are Up to $600 CPA per trader, and the model behind them is cpa, so the money follows an approved trader rather than a deposit or a trade. Nothing in the published terms adds a second payment on the same account, which makes the figure easier to plan around than a small percentage of volume.
How long is the cookie window?+
The window runs 30 days, matching the site median of 30 days, and that places FXTM at 39 of 129 programs on this measure. A reader who signs up after the window closes is not counted, so speed matters here more than in a program with a long window.