How it works

1. Sign Up

Register a personal account with Spec Markets and complete the KYC verification process.

2. Apply

Log in to your dashboard, navigate to the "Partnership" section, and submit the IB application form.

3. Refer

Once approved, you'll receive a unique referral link to introduce clients to Spec Markets.

4. Earn and Track

Earn daily rebates as your referred clients trade, and monitor all activity through the secure IB portal.

Choose Partner Program

Volume Based Plan

ECN account iconECN Account

USD $2 per standard lot

(Based on USD base currency client account. IB commission may vary depending upon account base currency)
Standard account iconStandard Account

0.4 pips per standard lot

CPA Plan

Depending on the introduced clients' residential country, IB will be entitled to up to 300 per eligible clients introduced.

Looking for more partnership options?
Get in touch with our sales team.

How to join?

Simply fill the contact form and we will take it from here!

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Questions about Partnership

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1. Getting Started
What is the Spec Markets Partner Program?

The Spec Markets Partner Program is an opportunity for Introducing Brokers (IBs) and Affiliates to earn commissions by referring clients to Spec Markets. You can choose from multiple compensation models including Volume-Based, CPA (Cost Per Acquisition), or Revenue Share programs.

Who can become a Spec Markets Partner?

Typical Partner types include:

  • Operators of online FX/CFD comparison websites
  • Trading forums or trading-focused community websites
  • Educational websites offering trading-related courses or mentorship
  • Expert Adviser (EA) & Algorithm providers
  • Strategy providers and Signal providers
  • Money Managers
  • Partners who offer rebates or incentives to clients
  • Individuals introducing clients through personal networks
How do I become a Partner?

Follow these steps:

  • Step 1: Open a Spec Markets trading account at www.specmarkets.com and complete the KYC (Know Your Customer) verification.
  • Step 2: Access the "Become a Partner" section in your Client Portal and submit the Partner Application Form.
  • Step 3: Wait for approval from Spec Markets (subject to our discretion based on your business model).

Required Documents:

  • Individuals: Government ID, proof of address
  • Businesses: Certificate of incorporation, company documents, proof of directors/shareholders identity
Is there any cost to join the Partner Program?

No, joining the Spec Markets Partner Program is completely free. You simply need to open a Spec Markets trading account and complete the Partner application process.

How are clients tracked to my Partner ID?

Clients are linked to your Partner account when they:

  • Register using your unique Partner ID during account opening, OR
  • Access Spec Markets through your unique Tracking URL

Important: You are responsible for ensuring clients use the correct Partner ID or URL. Spec Markets is not responsible for failed linkages due to incorrect information.

Can I refer my own accounts or family members?

No. Partners and their Related Parties (including immediate family members) are prohibited from qualifying as clients under their own Partner ID. No commissions will be paid on such accounts, and Spec Markets may reverse or withhold any payments made in error.

What trading activities are NOT eligible for commission?

The following types of trading will NOT qualify for commission payments:

  • Trades held for less than 3-5 minutes (depending on program)
  • Hedge trades (offsetting positions to reduce risk)
  • Market manipulation or churning
  • Latency arbitrage
  • Any abusive or fraudulent practices
  • Trading designed solely to generate IB rebates

Spec Markets reserves the right to withhold or cancel commissions for non-genuine trading activity.

What are the different commission programs available?

Spec Markets offers two commission structures – Volume Based program and CPA program.

2. Volume-Based Program:
  • Earn a fixed commission per traded lot
  • Calculated daily based on client trading volume
  • Three tiers: Standard (0.4 pips), Silver (0.9 pips), and Gold (1.4 pips) for STD accounts
  • ECN accounts: USD $2 per standard lot
How does the Volume-Based Program work?

The Volume-Based Program pays you based on your clients' trading activity. Commissions are calculated daily based on the number of standard lots your clients’ trade.

SymbolECN AccountSTD StandardSTD SilverSTD Gold
GBPUSD$2.00$4.00$9.00$14.00
EURUSD$2.00$4.00$9.00$14.00
XAUUSD (Gold)$2.00$4.00$9.00$14.00
Crypto$1.00$1.00$1.00$1.00

Tier Requirements:

  • Standard Tier: No requirements
  • Silver Tier: Monthly net deposit ≥ $50,000 + new client acquisition
  • Gold Tier: Monthly net deposit ≥ $100,000 + new client acquisition
What makes a client "qualified" for volume based commissions?

For a referred client to be considered qualified, they must meet:

  • Reside in a jurisdiction where Spec Markets accepts referrals
  • Make a minimum deposit of USD $200 (or equivalent) in real funds
  • Complete 5 lots of eligible trading volume (FX/Metals), or equivalent for other products
  • Hold each qualifying trade for more than 5 minutes
  • Be a genuinely new user (not previously registered)
  • Engage in genuine market participation (no manipulation or abusive practices)
3. Extra Incentive (volume-based program)
What is the Extra Incentive ?

The Extra Incentive rewards partners whose clients generate higher profits for Spec Markets:

  • If your clients are overall profitable → no additional incentive
  • If your clients have an overall loss → Additional incentive = coefficient × lot size
  • Coefficient = (Your profit per million) ÷ (Average profit per million)
  • Maximum multiplier capped at 1.0

Example:

If your clients generate $20 profit per million while the average is $25, and they trade 1,000 lots:

  • Coefficient = 20 ÷ 25 = 0.8
  • Extra Rebate = 0.8 × 1,000 = $800
What is the Multi-Layer IB structure?

The Multi-Layer IB program allows you to earn additional income from subordinate IBs you introduce:

  • Base IB: Earns 100% of trading commission from their own clients
  • Parent IB: Earns 7% of the subordinate IB's earnings
  • Grandparent IB: Earns 3% of the subordinate IB's earnings

This creates a passive income stream as you build your network of IBs.

4. CPA (Cost Per Acquisition) program:
  • Earn a fixed payment for each qualified client
  • Tier 1: $300 USD (premium countries)
  • Tier 2: $200 USD (mid-tier countries)
  • Tier 3: $100 USD (other countries)
What are the CPA eligibility requirements?

For a client to qualify for CPA commission, they must meet ALL of the following criteria within 30 days:

  • Minimum Deposit: USD $500 (or equivalent) in real, non-bonus funds
  • Trading Volume: At least 10 lots of eligible trading (FX/Metals: minimum 10 standard lots; Other products: every $100,000 notional = 1 lot)
  • Trade Duration: Each trade must be held for more than 5 minutes
  • New Client: Must not have previously registered with Spec Markets
  • Genuine Trading: No market manipulation, churning, or abusive practices
Which countries are in each CPA tier?
  • Tier 1 ($300 USD): United Arab Emirates, France, Germany, Italy, Poland, Portugal, Spain, United Kingdom, Canada
  • Tier 2 ($200 USD): Austria, Bulgaria, Belgium, Czech Republic, Croatia, Cyprus, Denmark, Finland, Greece, Iceland, Ireland, Lithuania, Luxembourg, Malta, Netherlands, Norway, Romania, Sweden, Switzerland, Japan, Singapore, Taiwan, South Korea, Hong Kong
  • Tier 3 ($100 USD): All other countries not listed in Tier 1 or Tier 2 where Spec Markets accepts clients
5. Payments & Withdrawals
How and when do I get paid?

Commissions are credited to your Partner E-Wallet based on your chosen program:

  • Volume-Based: Calculated and credited daily
  • CPA: Credited once the client meets all qualification criteria
  • Extra Incentive: Calculated monthly

All commissions are generated in your E-Wallet's nominated currency. If your client's account uses a different currency, commissions are automatically converted at the end-of-day spot rate.

How do I withdraw my commissions?

You can withdraw commissions through the available payment methods in your Partner Portal:

  • Spec Markets does not charge withdrawal fees
  • Your bank may apply charges
  • You are responsible for any currency conversion costs
  • Ensure your withdrawal information is accurate and up to date

Additional due diligence may be required before approval of large withdrawals.

Am I responsible for taxes on my commissions?

Yes.Partners are responsible for any taxes, duties, or fees arising from their participation in the Program. You must comply with all relevant tax laws in your jurisdiction.

6. Marketing & Compliance
What marketing materials can I use?

Spec Markets provides approved Marketing Collateral including banners, text links, and promotional materials. You may:

  • Display Spec Markets banners and text links on your website
  • Refer to yourself as a "Spec Markets Affiliate" or "Spec Markets Partner"
  • Use materials strictly according to Spec Markets's branding guidelines

Requirements:

  • Obtain prior written approval before publishing Marketing Collateral
  • Do not modify materials without permission
  • Banners and links must direct to Spec Markets's homepage only
  • Do not incorporate Spec Markets trademarks into your own branding
What am I NOT allowed to do in my marketing?

Partners must NOT:

  • Hold themselves out as Spec Markets or as agents of Spec Markets
  • Promote on platforms where Spec Markets is actively marketing
  • Use Spec Markets keywords in paid search ads
  • Send spam or unsolicited commercial messages
  • Target persons under 18 years old
  • Target residents of restricted countries (including USA)
  • Make misleading promises about investment returns
  • Display Spec Markets disclaimers or licenses without permission
  • Access or trade on behalf of clients
  • Establish incentive programs without prior written consent
  • Engage in any illegal or fraudulent activities
Can I offer rebates or bonuses to my clients?

You must obtain Spec Markets's prior written consent before establishing any incentive programs such as rewards, points, or rebates for registering clients. Contact [email protected] for approval.

Am I an employee or agent of Spec Markets?

No. Partners act as independent entities. Participation in the Partner Program does not create any agency, partnership, joint venture, or employment relationship with Spec Markets.

Does Spec Markets monitor partner activities?

Yes. Spec Markets conducts ongoing monitoring including:

  • Monitoring partner websites and marketing materials
  • Monitoring keywords used in search engines and paid ads
  • Collecting feedback from introduced clients

Spec Markets reserves the right to request updates, corrections, or removal of marketing material at any time.

7. Client Account Types & Products
What's the difference between Standard and ECN accounts?
FeatureStandard (STD)ECN
PlatformMT5MT5
Commission$0$3.5 per lot per side
SpreadsFrom 1 pipFrom 0 pips
Best ForBeginners, casual tradersActive traders, EA users
Pricing ModelSpread + MarkupSpread + Commission
What products can clients trade on Spec Markets?

Spec Markets offers CFD trading on:

  • Forex: Major and cross currency pairs
  • Metals: Gold (XAUUSD), Silver (XAGUSD)
  • Cryptocurrencies: Bitcoin (BTCUSD), Ethereum (ETHUSD)
  • Stock Indices: Major global indices
What trading platforms does Spec Markets offer?

Spec Markets provides the MetaTrader 5 (MT5) platform with custom enhancements:

  • Desktop: Windows / macOS / Linux
  • Mobile: iOS / Android apps
  • Web: Chrome, Safari, Edge, Firefox

Features include:

  • 60+ technical indicators
  • 21 timeframes
  • EA trading and strategy back testing
  • VPS hosting support
  • Multi-window comparison
  • Dedicated servers for faster execution
  • Multilingual interface
8. Regulations & Restrictions
Is Spec Markets regulated?

Yes. Spec Markets (Spec Capitals Ltd) holds multiple regulatory licenses:

  • Mauritius: FSC GB252045999 (Investment Dealer License – Full Service)
  • Saint Lucia: FSRA 2024-00305
  • Australia: AFSL 517156
  • South Africa: FSP55462
Which countries are restricted?

Partners will not receive commissions for clients from restricted countries where Spec Markets does not provide services. The restricted country list is available on the Spec Markets website and may change from time to time.

Important: The United States is explicitly restricted. Do not target US residents.

Partners are responsible for regularly checking the Spec Markets website for updates to restricted countries.

Can I participate if referring clients is illegal in my country?

It is your sole responsibility to understand and comply with all applicable local laws and regulations.

9. Terms & Termination
Can I terminate my partnership?

Yes. Either party may terminate the agreement by providing at least 7 days' written notice.

Upon termination:

  • You receive commissions for referrals made up to the termination date
  • No commissions for referrals after termination (even for previously introduced clients)
  • You must immediately cease promoting yourself as a Spec Markets Partner
  • You must remove all Spec Markets banners, links, and marketing materials
Under what circumstances can Spec Markets terminate my partnership?

Spec Markets may immediately terminate your partnership and void unpaid commissions if you:

  • Predominantly introduce clients who engage in abusive trading practices
  • Breach any term of the Agreement and fail to remedy within 7 days
  • Engage in conduct that damages Spec Markets's reputation or brand
  • At Spec Markets's sole discretion for any reason

Note: If terminated under these circumstances, you forfeit all accrued but unpaid commissions.

What if I lose my Partner tier status?

If you fail to meet the monthly net deposit requirement for Silver or Gold tier for two (2) consecutive months, you will be moved back to the Standard tier.

You can always choose to remain in the Standard tier as it provides clients with the best pricing (lower spreads, lower rebates).

How do I resolve a dispute?

If a dispute arises:

  • Notify Spec Markets in writing within 30 days at [email protected]
  • Both parties attempt to resolve amicably
  • If unresolved after 30 days, Spec Markets may terminate the dispute resolution process

This Agreement is governed by the laws of Mauritius, with exclusive jurisdiction in Mauritius courts.

10. Technical & Support
What support does Spec Markets provide to partners?

Spec Markets provides:

  • Dedicated multilingual client support
  • Partner Portal access for tracking referrals and commissions
  • Marketing materials and promotional assets
  • Unique tracking URLs and Partner IDs
  • E-Wallet for commission management

Contact: [email protected]

How can I track my referrals and commissions?

You can track everything through your Partner Portal, which provides:

  • Real-time referral statistics
  • Commission calculations and history
  • Client registration and qualification status
  • E-Wallet balance and transaction history
  • Performance analytics
What are Spec Markets's competitive advantages?

Spec Markets offers several advantages that make it attractive to refer clients:

  • Tight Spreads: From 0.0 pips with transparent pricing
  • Licensed & Regulated: Multiple jurisdictions
  • Multiple Account Types: Tailored to different trading styles
  • Advanced Platforms: Desktop, web, and mobile MT5
  • Reliable Execution: Ultra-low latency, fast order fills
  • Dedicated Support: Multilingual and personalized
  • Excellent Reviews: 4.7/5 rating on Trustpilot (43 reviews)
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