Our Mission
We help people compare regulated forex brokers by providing up-to-date information on each provider that is segmented based on their location, trading type and account requirements.
Brokers we recommend must be regulated by a respected authority, including:
Our goal is to match traders in a region with the best broker regulated in the same area. To achieve this objective, the website is sectionalised by country, allowing us to recommend the locally regulated brokers such as ASIC regulated broker for traders in Australia.
Certified B Corporation™
Compare Forex Brokers is a Certified B Corporation™, an independent certification awarded to businesses that meet high standards of transparency, accountability, and ethical operations.
The certification is granted by B Lab following a rigorous assessment of governance, workers, customers, community, and environmental practices. We achieved a B Impact Score of 98.4, significantly above the median score for assessed businesses.
This independent verification reflects our commitment to responsible operations and long-term integrity—standards our readers expect. In an industry where trust is essential, our certification reinforces our focus on transparency, data-led analysis, and accountable business practices.
In the same spirit, we apply a structured, criteria-based approach when comparing and evaluating forex brokers.
| Category | Score |
|---|---|
| Governance | 9.1 |
| Workers | 37.5 |
| Community | 32.6 |
| Environment | 14.5 |
| Customers | 4.5 |
| Overall | 98.4 |
Tools And Calculators
We have created five calculators to help in making trading/broker decisions including a Forex Profit, Lot Size, Trading Cost, and the Spread Betting Calculator. The goal is to give the tools to traders to understand the impact of different trades, different brokers and different types of trading on their profits or losses. We use these same calculators for our recommendations when it comes to areas such as ‘trading costs’ as only our tool combines the ‘commission fee’ and ‘spread fee’ to calculate the total trading costs of each broker. This factors in the forex pair traded and base currency as part of its calculation.
profit calculator
profit calculator
Estimates profit in pip value and base currency from trade details.
lot calculator
lot calculator
Determines position size in various lot units to manage risk.
pip calculator
pip calculator
Calculates the value of a pip in the deposit currency for risk management.
fee comparison
fee comparison
Compares spreads and commission fees across major forex pairs and brokers.
margin calculator
margin calculator
Calculates required margin using leverage, trade size, and forex pair.
Our People
You can view the full CompareForexBrokers personnel on the meet the team page. Key members of the team are as follows:
| Team Member + Role | Description | Picture |
|---|---|---|
| Justin Grossbard - Co-Founder & Head Of Research | Justin co-founded CompareForexBrokers, managing the data model comparing providers. |  |
| Noam Korbl - Co-Founder & Chief Operating Officer | Noam co-founded CompareForexBrokers and manages operations and regulatory oversight. |  |
| David Levy - Online Content Manager | David is the head of content strategy, determining the right content to match each broker's data. |  |
| Vishal Choudhary - Chief Technology Officer | Vishal created the website's code since 2014 and continues to drive innovation including calculators. |  |
| Ross Collins - Chief Technology Researcher | Ross has a strong IT and trading background and conducts independent tests to compare platforms. |  |
How We Compare Forex Brokers
There are eight weighted criteria the team uses to evaluate each broker and create their score. When we create comparison tables, we eliminate brokers that are not regulated for the region and re-evaluate certain criteria based on the trader’s needs (e.g., high leverage). The overall criteria we use are as follows.
1. Brokerage
Both Justin and Noam are obsessed when it comes to broker fees. With a high variance in how much each provider charges and the difficulty of comparing each broker’s fees the site aims to make comparing costs easier.
Each month, the team collects the primary brokerage data from each provider including the commission rates and average spreads across the most traded forex pairs. They then publish this data and create specific comparison tables with recommendations of which brokers offer the best value. Most information is provided on our forex fees methodology section.
2. Trust
As mentioned earlier, we focus on regulated forex brokers and aim to match brokers regulated in each region with traders from the same country. There are three primary factors when it comes to creating a trust score.
The first is the broker’s regulation which looks holistically at all the licences the broker has and any regulatory issues it may have had in the past. Next is the broker’s reputation which includes when the provider was established, how popular it is and any positive/negative media that has occurred. The final factor is the broker’s reviews with Trustpilot primarily used to gauge how current and past traders view the provider.
3. Trading Platform
The software offered by the broker impacts the difficulty to start trading, switching brokers and features offered when trading. There are four mainstream forex platforms offered including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader and TradingView. To achieve the highest score we are looking for a broker that offers most of their platforms which experienced traders are familiar with.
We also consider any proprietary platform offered and add-ons the broker may offer to a mainstream forex platform such as MT4.
4. Trading Environment
When trading, the speed of execution has a significant impact on the trader’s experience. This is because the price executed may be different from the price quoted due to the delays in processing the order leading to ‘slippage’. As there is no published data available, CompareForexBrokers has Ross Collins who periodically runs proprietary tests to compare trading environments. This includes comparing the execution speeds of the most popular brokers.
5. Range Of Markets
All the brokers we compare offer more than just forex trading. They offer trading on other markets from indices, commodities, shares and some even offer crypto trading. As there is such variance in what markets are offered and how many instruments are offered within those markets we factored this in when grading each provider.
6. Customer Service
We scored each broker based on our experience dealing with the provider’s live chat, call centre, and email facility. To accurately test these facilities we open accounts with the brokers and directly make contact with these customer support facilities.
7. Funding
As mentioned above, the team opens accounts with each broker. This allows us to understand a new trader’s experience with the provider including the ease of funding an account (and withdrawing) and the funding methods available. Often this depends on the region which is also taken into consideration.
8. Educational Resources
The final factor considered is the level of training the broker offers. This can include online resources from written guides to educational videos and webinars. Then some brokers offer live events which can be in-person and offer live market information to improve a trader’s resource base.
View our methodology for the exact criteria and weightings we use when comparing brokerage accounts.
How We Make Money
Our team does not accept payments for positive broker reviews. Instead, our commercial partnerships are based on affiliate relationships based on retainer or referral fees when individuals click through from our websites and sign up with a forex broker. The fees are paid for by the broker which means that we will never charge you for using the website. Also, none of the brokers we have relationships with charge additional hidden fees when signing up after visiting out website. For more information view our Advertiser Disclosure page.
We are founded in Australia with our ABN (Australian Business Number) being 49 909 258 897. We trade as the Trustee for Compare Forex Brokers Unit Trust. As such, we may charge GST to other Australian-based brokers in line with Australian tax law. View our Wikipedia page for more company details.
Other Relevant Links
1. Trust and Safety
View our page on why traders can Trust Us or view our Risk Disclaimer section. After operating for a decade, we understand the need to keep the goodwill we have developed in the industry and we ensure that data is updated either annually, quarterly or monthly (as is the case with average spreads).
2. Our History
To view the detailed background of the business since it was founded in 2014, view the Company History page. This includes key milestones achieved over the past decade.
3. Careers
Are you a keen trader with skills in content writing? We are always on the lookout for outstanding talent as we don’t believe in using AI to create content. Just visit our Careers Page for our current listings.
4. Industry Data
We like to publish updates on our industry for journalists and those interested in trading. View the Industry Data page to see what information we have on trading popularity and trends.