Broker partner programs for partners from: Panama

What brokers don't publish

641 rates and terms that are not in the brokers’ own offers

Rates and terms that are not in the brokers’ own offers, collected away from their sites — from industry catalogues, reviews and archives, and from IB partners themselves. 548 figures the broker publishes nowhere, 93 contradict its own official one. Unconfirmed by document, so open to registered partners only; not every broker has such records.

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23 programs accept partners from Panama according to the published terms; 335 programs publish no country restrictions. 12 exclude it; they are listed at the bottom of the page with the source.

The median maximum CPA of the 23 programs that confirm acceptance of partners from Panama is $1,150; the median for the region (Latin America) is $800. Programs excluding Panama: 12. Official GEO CPA for Panama (tier maximum): TMGM — $60. Neighbouring countries in the Latin America group (confirming programs): Uruguay (25), Costa Rica (26), Paraguay (26). Excluding the country: BingX, Deribit, easyMarkets.

Confirm acceptance
23
published terms list excluded countries, and Panama is not among them
Exclude the country
12
Panama is in the published list of excluded countries
Publish no restrictions
335
no country list in the terms — check with the broker

Terms among the programs that confirm acceptance

Official values only. A median is shown from 5 values. The last column is the median of all programs of the brokers of the region “Latin America” from the market page.

FigureConfirming programsRegion: Latin America
Per lot, FX— n=2$9 /lot n=23
CPA$1,150 n=8$800 n=54
Revenue share45% n=1250% n=63
Daily payouts58% n=1941% n=143

Market overview with all medians →

Summary from the data

Generated automatically by fixed rules from the data on this page: official values from brokers’ pages only; field intelligence is not used. Data as of Nov 3, 2026.

Accept partners from Panama (published terms)

BrokerProgramPer lot, FX majorCPA, maxRevShare, maxPayoutsChecked
Bitfinex Affiliate — — 18% — Nov 3, 2026
Blueberry Markets Partner program — — — — Nov 3, 2026
Capital.com Introducing broker — — 40% Monthly Nov 3, 2026
Deribit Affiliate — — 20% — Nov 2, 2026
Doo Prime (D Prime) Introducing broker — — — Daily Nov 3, 2026
Exness Affiliate — $960 LATAM — Daily Nov 3, 2026
Exness Introducing broker — — 40% Daily Nov 3, 2026
FBS Affiliate — — — Monthly Nov 3, 2026
Interactive Brokers Affiliate — — — Monthly Nov 3, 2026
IQ Option Affiliate — $120 50% Every two weeks Nov 3, 2026
IUX Introducing broker — — 40% Daily Nov 3, 2026
KuCoin Affiliate — — 60% Daily Nov 3, 2026
Libertex Affiliate — $1,200 50% Monthly Nov 3, 2026
Markets.com Affiliate — $700 – $800 no tier published for this country — Monthly Nov 3, 2026
Markets.com Introducing broker — — 40% Daily Nov 3, 2026
Mitrade Affiliate — — 50% — Nov 3, 2026
Pepperstone Affiliate — $340 – $750 no tier published for this country — Monthly Nov 3, 2026
PrimeXBT Affiliate — $1,500 — Daily Nov 3, 2026
PrimeXBT Introducing broker — $1,500 70% Daily Nov 3, 2026
PU Prime Affiliate — $50 – $650 no tier published for this country — Monthly Nov 3, 2026
RoboForex Introducing broker $10 /lot — 85% Daily Nov 3, 2026
Vantage (Vantage Markets) Introducing broker — — — Daily Nov 3, 2026
Wisuno Introducing broker $12 /lot — — Daily Oct 26, 2026

Country restrictions not published — check with the broker

335 programs below publish no restriction for this country. Only official published figures are shown; open a program for sources, quotes and dates. The full filterable table is on the programs page.

Do not accept partners from Panama

Programs whose published terms exclude Panama. Listed with the source and the check date; terms change, so check with the broker before registering.

BrokerProgramBasis
BingX Affiliate
Clients from Panama are not accepted (broker list)
Source
bingx.com/en/support/articles/360034028153
Checked
Nov 3, 2026
How obtained
Collected automatically
Status
Checked
“including but not limited to: Afghanistan, Burundi, Cambodia, Canada, Central African Republic, China (Mainland), Cuba, Democratic Republic of the Congo, Hong Kong SAR, Iran, Laos, Macau SAR, Myanmar, Netherlands, North Korea, Panama, Singapore, Somalia, United Kingdom, United States”
BingX Introducing broker
Clients from Panama are not accepted (broker list)
Source
bingx.com/en/support/articles/360034028153
Checked
Nov 3, 2026
How obtained
Collected automatically
Status
Checked
“including but not limited to: Afghanistan, Burundi, Cambodia, Canada, Central African Republic, China (Mainland), Cuba, Democratic Republic of the Congo, Hong Kong SAR, Iran, Laos, Macau SAR, Myanmar, Netherlands, North Korea, Panama, Singapore, Somalia, United Kingdom, United States”
Deribit Partner program
Partners from Panama are excluded (program terms)
Source
support.deribit.com/hc/en-us/articles/25954458657053-Registered-Partner-T-C
Checked
Nov 3, 2026
How obtained
Collected automatically
Status
Checked
“Participation in our Registered Partner Program is not available for companies located, incorporated or otherwise established in (i) the United States; (ii) Panama”
easyMarkets Affiliate
Clients from Panama are not accepted (broker list)
Source
easymarketspartners.com
Checked
Oct 26, 2026
How obtained
Collected automatically
Status
Checked
“does not provide services to residents of certain regions, such as the United States of America , Israel, British Columbia, Manitoba, Quebec, Ontario and Afghanistan, Belarus, Burundi, Cambodia, Chad”
easyMarkets Introducing broker
Clients from Panama are not accepted (broker list)
Source
easymarketspartners.com
Checked
Oct 26, 2026
How obtained
Collected automatically
Status
Checked
“does not provide services to residents of certain regions, such as the United States of America , Israel, British Columbia, Manitoba, Quebec, Ontario and Afghanistan, Belarus, Burundi, Cambodia, Chad”
Errante Introducing broker
Clients from Panama are not accepted (broker list)
Source
errante.com
Checked
Oct 24, 2026
How obtained
Collected automatically
Status
Checked
“the following — but not limited to — countries: Afghanistan, Albania, The Bahamas, Barbados, Botswana, Cambodia, Canada, Ghana, Iran, Iraq, Jamaica, Mauritius, Myanmar, North Korea, Nicaragua, Panama, Russia, Syria, Uganda, USA, Yemen and Zimbabwe.”
Fortrade Affiliate
Clients from Panama are not accepted (broker list)
Source
www.ftaffiliates.com/countries-list
Checked
Oct 26, 2026
How obtained
Collected automatically
Status
Checked
“* Please note that we can accept marketing affiliates but cannot accept clients from these countries:”
HYCM (Henyep Capital Markets) Affiliate
Clients from Panama are not accepted (broker list)
Source
www.hyaffiliates.com/commissions.html
Checked
Oct 24, 2026
How obtained
Collected automatically
Status
Checked
“We are currently unable to accept clients from these countries: Afghanistan, Albania, Bahamas, Belgium, Cambodia, Canada, Croatia, Cyprus, France, Ghana, Hong Kong, Iceland, Lao PDR, Mongolia, Myanmar, Nicaragua, North Korea, Panama, Portugal, Russia, Spain, Sudan, Uganda, USA, and Vanuatu.”
HYCM (Henyep Capital Markets) Introducing broker
Clients from Panama are not accepted (broker list)
Source
www.hyaffiliates.com/commissions.html
Checked
Oct 24, 2026
How obtained
Collected automatically
Status
Checked
“We are currently unable to accept clients from these countries: Afghanistan, Albania, Bahamas, Belgium, Cambodia, Canada, Croatia, Cyprus, France, Ghana, Hong Kong, Iceland, Lao PDR, Mongolia, Myanmar, Nicaragua, North Korea, Panama, Portugal, Russia, Spain, Sudan, Uganda, USA, and Vanuatu.”
HYCM (Henyep Capital Markets) White label
Clients from Panama are not accepted (broker list)
Source
www.hyaffiliates.com/commissions.html
Checked
Oct 24, 2026
How obtained
Collected automatically
Status
Checked
“We are currently unable to accept clients from these countries: Afghanistan, Albania, Bahamas, Belgium, Cambodia, Canada, Croatia, Cyprus, France, Ghana, Hong Kong, Iceland, Lao PDR, Mongolia, Myanmar, Nicaragua, North Korea, Panama, Portugal, Russia, Spain, Sudan, Uganda, USA, and Vanuatu.”
iFX Brokers Introducing broker
Clients from Panama are not accepted (broker list)
Source
ifxbrokers.com/legal-documents
Checked
Oct 26, 2026
How obtained
Collected automatically
Status
Checked
“does not offer its services to the residents of certain jurisdictions such as Afghanistan, Canada, Democratic People’s Republic of Korea, EU Member States, Ghana, Iceland, Indonesia, Iran, Iraq, Liechtenstein, Libya, Norway, Mongolia, Myanmar | Nicaragua, Panama, Somalia, Syrian Arab Republic, UAE, Uganda, United Kingdom, United States of America, United States Minor Outlying Islands, Yemen, Zimba”
NordFX Introducing broker
Clients from Panama are not accepted (broker list)
Source
nordfx.com/do/support
Checked
Oct 24, 2026
How obtained
Collected automatically
Status
Checked
“NordFX LTD does not offer its services to residents of the following jurisdictions: USA, Canada, EU, Russian Federation, Cuba, Sudan, Syria, Malaysia, Panama, Indonesia, Japan, Brazil, Ukraine, North Korea, Myanmar.”

Based on the lists of excluded partner countries and client countries published by brokers or found on other sites (marked as unverified). Requirements may change; check before signing an agreement.

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