Advertiser Disclosure - How We Make Money

We created CompareForexBrokers to provide traders who are new to retail trading and comprehensive, unbiased and straightforward reviews of licensed online Forex brokers. To find out how our website is funded, please see How We Make Money

Independent & Unbiased

All content published on this site is backed by independent research and assessment by our team. We make our decisions and recommendations based on data and do not accept compensation from anyone (partner or otherwise) in exchange for a positive review. Period.

As a certified B Corporation, we are independently assessed against standards of social and environmental performance, accountability, and transparency.

The Importance of Accuracy

We do periodically update content to reflect developments in the industry or changes by the service providers we review. When this occurs, we make a note so you are aware of what has changed and why. We make these updates to ensure that we publish the most accurate content possible.

Free Access to Our Research

While we considered – and were advised by some – to put most of the site’s content behind a paywall, that felt counter to our mission to provide high-quality, informative content to traders before they commit to a broker or platform. We also don’t accept paid advertising on the site from companies we review.

How Do We Make Money?

CompareForexBrokers has been free to use since 2014. There are three ways we generate revenue to fund the site, all of them paid by brokers, not by traders.

Affiliate Referrals

When a trader clicks through to a broker from CompareForexBrokers and opens a live account, we may receive a referral fee from that broker. This is the primary way we make money. The fee comes from the broker — not from you. It is not built into the spreads or commissions you pay, and brokers do not charge more for sign-ups via CFB.

LiveChat Introductions

We have a team of broker experts available 12 hours a day, Monday to Friday, via LiveChat. When a trader is matched to a broker through that conversation — with their consent — we may receive an introduction fee from that broker. Paid by the broker, not by you.

Featured Placements

In some cases, partner brokers pay to appear in a featured or promoted position within comparison tables. Where that is the case, it is labelled. This is a smaller part of our revenue and does not affect scores or rankings — see the next section for exactly what that means.

Our Ratings Are Not Influenced by Advertising Revenue

Affiliate agreements are managed entirely by CompareForexBrokers’ management and are never shared with the content or research team. The people who write reviews, collect spread data, and assign broker scores do not know which brokers pay us or under what terms.

A broker’s partner status can affect certain commercial placements on the site. This includes featured positions in comparison tables, the visibility of “Go to Site” buttons, and the order of sponsored listings. These placements have no bearing on a broker’s score, rating, or review content.

A broker with an affiliate agreement gets the same methodology, the same data collection, and the same scoring criteria as a broker with no commercial relationship.

If testing returns a weak result, that result goes into the review. We do not accept paid advertising from the brokers we review. We also do not accept paid guest posts or allow third parties to pay for backlinks on our site.

This approach goes all the way back to how CompareForexBrokers was founded in 2014. Our co-founder, Justin Grossbard,built the original broker comparison as a Google Sheet before any broker relationships existed, scoring every major broker on spreads, commissions, regulation, and customer service. We are selective about the brokers we work with.

We only enter affiliate arrangements with brokers we would recommend to traders in that region. Different market, different needs, different brokers. We do not promote unregulated or poorly regulated brokers. We respect our readers and the decisions they are making. That foundation is what CompareForexBrokers was built on and how it continues to operate today.

What We Do and Don’t Let Partners Pay For

Most comparison sites in this industry are vague about this. Here is the full picture.

Partners cannot pay to influence:

Broker scores or ratings — the methodology applies the same way to everyone, partner or not
Rankings in lists sorted by a metric — if a page ranks brokers by spread, the spread data decides the order
What we write in reviews — the conclusions, pros and cons, and overall verdict
Which brokers we choose to review in the first place
How we test — the methodology, data collection process, and testing environment
Negative findings — if a broker tests poorly or has regulatory issues, we publish it

Partners can influence:

Featured or promoted positions in comparison tables

Our Partners

Regular followers of CompareForexBrokers will note that we don’t churn through broker partners like many of our competitors do. In fact, many of our affiliate partners have been with us since 2014. We continue to build new partnerships as the site grows into new regions.

We are selective about who we partner with. Brokers are chosen based on their regulatory standing and reputation in the specific markets we cover, not just their size or commercial terms. Pepperstone, for example, holds ASIC regulation and is one of the most widely used brokers among Australian traders. OANDA carries CIRO registration and is a trusted choice for Canadians. The same principle applies across every region we write about.

Broker partners we work with include but are not limited to:

Pepperstone
IC Markets
TMGM
Eightcap
Fusion Markets
BlackBull Markets
AvaTrade
Plus500
eToro
FXTM
OANDA (USA, Canada)
FP Markets
Axi
Global Prime
ThinkMarkets
FxPro
CMC Markets
TD365 & Tradedirect365
IG
FXCM
TabTrade
Capital.com
City Index
FOREX.com
MultiBank