Our Background And Mission
Compare Forex Brokers was created in 2014 by the two Managing Partners, Justin Grossbard and Noam Korbl. Both co-founders hold a 50% ownership stake. The company was created based on the growth in forex trading and CFD brokers and the difficulty traders were having in finding the best broker that met their needs.
Our goal since the website was launched in 2014 has been to leave no stone unturned in making the comparison of forex brokers as simple as possible. Each month we collect each broker’s average spreads across the most popular currency pairs, trading loss data and other broker criteria to determine the best forex broker by region and requirement. We provide the strengths and weaknesses of the shortlisted top brokers with the aim to educate potential traders about the forex broking industry. The team also aim to help people understand forex concepts using plain English and provide insights into what brokers offer and how each broker differs from another.
Another feature we offer is our comparisons which compare 2 or more brokers so you can determine which is the right broker for you when you are on the fence when making decisions. The comparisons go at length to explain why you may wish to consider these brokers and explain their features.
Over the years Compare Forex Brokers reviews have created a range of innovative features which make us so popular with our readers. These include:
- Spread comparison module: This allows you to compare the spreads between brokers. These spreads are updated each month.
- Commission + cost tool: This tool calculates the spread + commission costs when you open a trading position
- Broker comparison tables: We have head-to-head tables that allow you to compare the essential features brokers offer.
This website is for all traders, both new and experienced for a new broker. Our website is free, for everyone to explore at all times.
We make it a mission to ensure all data and information is accurate and up-to-date. However, broker products are constantly changing so if any information is incorrect, do feel free to contact us and we will review it.
Principles Behind Our Vision
Innovation & Technology
We spend hours researching the forex broker industry to identify the latest trends and come up with solutions that can help you better understand the brokers.
Comparisons for traders
Our primary focus is to help traders, both new and experienced with the best quality information about forex brokers, so you can decide on the right broker.
Our team is passionate about forex and wants to help use our knowledge to help you find the right brokers. We work together, sharing our knowledge about the trading industry and thinking up ideas to make the website better.
How we make money and better serve our readers
At Compare Forex brokers, we want to help you find the best forex broker for you. All our reviews are honest, if we like features the broker offers, we will say so. If we don’t like a broker or have concerns you should know about, we will bring this to your attention. We only review brokers so you can make a decision for yourself, we do not give personal or professional advise
How we make money
To ensure our reviews are honest, we don’t accept payment from brokers to influence what we write in our reviews. Nevertheless, we do rely on our commercial partners to ensure our website has the funding to cover costs and be of the quality our readers rightfully expect.
Referral fees: Our pages have buttons that contain links to the broker’s website. When you click on the button, you will be directed to the website of the broker, where you can sign up.
In some cases, Compare Forex Brokers may have a financial arrangement with these brokers for a referral fee, but don’t worry, all of this payment comes out of the pockets of the broker. There is no additional charge from either our end or the broker’s end when you sign up. You can be 100% confident you are paying exactly the same, compared to if you signed up directly with the broker.
Other Relevant Links
Why you should trust us
General disclosure and risk disclaimer
Advertiser disclosure and how we make money
Senior Management Team
Co-Founder & CEO
Co-Founder & Chief Operating Officer
Online Content Manager
Chief Editor And Writer
Senior Forex Content Writer
Senior Content Writer
Dan Jerick Cruz
Compare Forex Brokers launched as the first comparison site to compare forex brokers in Australia
Comprehensive review pages created for forex brokers based on essential to know features such as spreads and forex trading platform
New website design was launched to help better traders compare broker costs, features, and benefits
Broker vs broker comparison pages was created to help individuals compare leading brokers when searching for a broker that best suits them.
Compare Forex Brokers featured on KillerStartups, InvestorDaily, and BusinessInsider as the leader broker comparison site in Australia
Website moved to compareforexbrokers.com. Compare expands its focus to cover major forex markets and brokers outside Australia.
Compare Forex Brokers launches a tool so traders can compare spreads between brokers. The module displays average monthly spreads for brokers across major currency pairs.
Compare Forex Brokers becomes an Authorised Representative of Guildfords. This is related to its AFSL Number 471379
The Compare Forex Brokers expands its managerial team with Robert Payne as compliance manager and Justin Hertzberg as their forex advisor