Updated September 29, 2026 · AffCue Editorial Team
FXTM vs Smartbroker
Facts checked September 26, 2026.
Facts checked September 26, 2026.
Where FXTM and Smartbroker differ
| Compare | FXTM ReviewSee alternativesSee alternatives |  Smartbroker |
|---|---|---|
| Commission terms | Up to $600 CPA per trader | 60 EUR per depot opening |
| Cookie window | 30 days | 60 daysHigher |
| Payout per sale or signup | $600 | €60 |
| Verticals | Investing | Investing, CryptoCovers more |
| Networks | Not confirmed | ADCELL, FinanceAds |
| Payout frequency | Monthly, 1st to 15th | Not confirmed |
Same on both: Recurring commission (No).
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 Smartbroker: 60 days vs 30 days.
- Support channels: only Smartbroker offers Phone, Email.
- Verticals: only Smartbroker offers Crypto.
Our verdict on each
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.
Smartbroker
Smartbroker pays 60 EUR per depot opening on a cookie window of 60 days, which suits finance publishers running comparison and brokerage content in a single market. The trade-off is what follows the opening: recurring commission is off, so every payout depends on a fresh account rather than an account that stays funded.
How they place
| Ranking | FXTM | Smartbroker |
|---|---|---|
| Finance affiliate programs | 26 of 425 | 20 of 425 |
| Investing and trading programs | 14 of 87 | 10 of 87 |
Where each is licensed and available
| Country | FXTM | Smartbroker |
|---|---|---|
| Region | Not confirmed | Single country |
Also worth a look
BlackBull Partners has cookie window at 365 days, against 30 days for FXTM and 60 days for Smartbroker.
BlackBull Partners reviewWhat we checked
FXTM
- fxtm.com: 8 facts, checked September 26, 2026
- khrisdigital.com: 1 fact, checked September 26, 2026
Smartbroker
- smartbrokerplus.de: 8 facts, checked September 26, 2026
- adcell.de: 4 facts, checked September 26, 2026
Every fact side by side
| Fact | FXTM | Smartbroker |
|---|---|---|
| Pricing model | CPA | CPA |
| Features | Direct, Referral | Direct, Referral |
| Region | Not confirmed | Single country |
| Legal entity | Not confirmed | Smartbroker AG |
| Headquarters | Not confirmed | Germany |
| Support channels | Help centre | Phone, Email, Help centreCovers more |
Where each stands against the rest
| Fact | FXTM | Smartbroker | Median |
|---|---|---|---|
| Cookie window | 30 daysat the median | 60 dayshighest quarter | 30 days |
Median across 146 listed affiliate programs.
Pros and cons
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.
Smartbroker
Pros
- A cookie window of 60 days beats the 45 median for investing and trading programmes.
- Payout follows 60 EUR per depot opening on a cpa model, which is easy to plan for per account opening.
- Reach comes through ADCELL and financeAds, so partners are not tied to a single submission route.
Cons
- Recurring commission is off, and in the investing and trading group 30.3% of programmes do pay recurring, so this is the commoner setup in the category.
- Coverage is a single market, single country, so traffic from other markets cannot be sent to the same offer.
- Commission is tied to account openings alone, 60 EUR per depot opening, and recurring commission is off, so trading volume on an opened account adds nothing.
Who each suits
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.
Smartbroker
Who it suits
- Publishers whose audience sits in the single market this programme serves, listed as single country.
- Sites that review brokers and want a predictable conversion fee: 60 EUR per depot opening on a cpa model.
- Partners promoting on the listed networks, ADCELL and financeAds, who already have tracking in place.
Who should look elsewhere
- Publishers wanting revenue share: Admitad pays 5% per sale, where Smartbroker pays on account openings alone, 60 EUR per depot opening.
- Publishers after a bonus on top of a signup fee: Qonto's CPA per registration plus KYB bonus adds one, while Smartbroker's terms are 60 EUR per depot opening.
- Publishers who want a lead deal as well as a conversion fee: Mintos pays Hybrid lead and CPA commission.
Country by country
| Country | FXTM | Smartbroker |
|---|---|---|
| Germany | No | Yes |
Questions about each
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.
Smartbroker
What does Smartbroker pay for a referral?+
The fee is 60 EUR per depot opening and the model is cpa. Payment is tied to the account being opened, not to trading volume afterwards, so a publisher is paid per completed opening. Recurring commission is off, which means no further share from that same account.
How long is the cookie window?+
The window is 60 days. That is longer than the 45 median in the investing and trading group and above the 30 median for finance overall, so a reader can read a comparison and still be credited. It ranks 23 among the 129 brands listed.