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CompareForexBrokers

Company History

From its beginnings, CompareForexBrokers has focused on delivering clear and accurate broker comparisons, initially catering to the Australian market before expanding globally. Our history highlights the key milestones and progress we’ve made, underscoring our commitment to delivering traders reliable and unbiased broker information.

Justin Grossbard, Co-Founder of CompareForexBrokers Written by Justin Grossbard Fact-checked by David Levy Last updated:

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Trading Forex and CFDs with leverage poses significant risk of loss to your capital.

AFSL is an Australian Financial Services Licence.

CompareForexBrokers was founded in 2014 by Justin Grossbard and Noam Korbl, two traders who wanted an easier way to compare broker fees, features, and trading platforms. What started in October 2014 as an Australian-focused site now covers 59 brokers across every major region, with broker information recorded against more than 100 data points. Noam and I remain the sole owners, and the business has grown into a network of international brands serving traders around the world.

Starting Out In Australia

Noam and I started the site to make it easy for Australian traders to compare broker fees, features, and trading platforms, an approach I still consider the right one. The first years built the core structure, from review pages to side-by-side comparisons, so you could evaluate your options before choosing.

October2014
CompareForexBrokers launched as the first comparison site to compare forex brokers in Australia
March2015
Comprehensive review pages created for forex brokers based on essential-to-know features such as spreads and forex trading platform
November2016
A new website design was launched to help better traders compare broker costs, features, and benefits
November2017
Broker vs broker comparison pages was created to help individuals compare leading brokers when searching for a broker that best suits them.
March2018
CompareForexBrokers featured on KillerStartups, InvestorDaily, and BusinessInsider as the leader broker comparison site in Australia

Global Coverage And The First Data Tools

When we moved to compareforexbrokers.com in November 2019, we widened the focus to major forex markets outside Australia. The January 2020 spread tool put average monthly spreads across major currency pairs in your hands, which matters when your shortlist crosses borders.

November2019
Website moved to compareforexbrokers.com and names CompareForexBrokers. Compare expands its focus to cover major forex markets and brokers outside Australia.
January2020
CompareForexBrokers launches a tool so traders can compare spreads between brokers. The module displays average monthly spreads for brokers across major currency pairs.
June2020
CompareForexBrokers is appointed Corporate Authorised Representative to AFSL 247858 to provide financial services to wholesale clients.

Growing The Team And The Toolset

In June 2022 we added compliance and industry advisors, and in February 2023 Ross Collins joined as chief technology researcher. In my opinion, that period is the point where our comparison feature became a genuine data project, which makes the tools more useful when you compare brokers.

June2022
The team expands its managerial team with compliance and industry advisors on forex matters
February2023
Ross Collins joins the team as chief technology researcher focusing on unique data to improve the comparison feature
January2024
CompareForexBrokers introduced a suite of new tools and calculators aimed at aiding broker comparisons and supporting the development of trading strategies.

Building The International Network

Since August 2024 we have launched and acquired sister sites covering spread betting, Spanish-speaking LATAM traders, CFD trading, Thailand, and Brazil. Different markets run on different local brokers and regulations, so the network lets us keep the detail specific for the place you trade.

August2024
Expansion into the UK with Spread-Bet (spread-bet.co.uk) comparing spread betting platforms
March2025
Launch of BrokersRegulados (BrokersRegulados.com) in Spanish for LATAM traders in Spanish
October2025
Acquisition of The Rock Trading (therocktrading.com) focusing on CFD trading and broker comparisons
January2026
Expansion into Thailand with BrokersThai (brokersthai.com) comparing Thai and local broker comparisons
February2026
Expansion into Brazil with CorretoraForex (corretoraforex.com) focusing on brokers for those in the region

FAQs

Why Did CompareForexBrokers Start In Australia?
Noam and I were both trading before we founded CompareForexBrokers in 2014. We created it to make it easy to compare brokers’ fees, features, and trading platforms. The site launched in October 2014 covering the Australian market, and that early focus gave us a clear starting point for the comparisons we still publish today.
Does CompareForexBrokers Keep Its Broker Data Up To Date?
Yes, on a cycle designed to catch changes before they affect your trading. Every broker in our coverage goes through a full annual reassessment against our 100-plus-point framework, typically in January. Beyond that, we update individual reviews whenever something material changes: regulatory changes, fee restructures, platform updates, or ownership changes. Our stated goal is that no significant change sits unrecorded for more than 30 days, and our spread data for major forex pairs is recorded and verified monthly.
Has CompareForexBrokers Ever Accepted External Investment?
No, and we have kept it that way since 2014. Noam and I are the sole owners, and we have turned down multiple offers to sell the website. That independence keeps the review process answerable to readers rather than to a buyer with different priorities.
What Does The Corporate Authorised Representative Appointment Mean?
Since June 2020 CompareForexBrokers has been a Corporate Authorised Representative (No. 001274082) of Bardin Capital Pty Ltd (ACN 074 938 364, AFSL no. 247858). That appointment allows us to provide financial services to wholesale clients. It does not make us authorised to provide financial advice, so our broker comparisons should not be treated as a personal recommendation.
Has CompareForexBrokers Expanded Beyond Its Australian Origins?
Yes. The global site now covers 59 brokers across every major region, from North America and Europe to the Middle East and Asia Pacific. Since August 2024 we have also built a network of sister sites for spread betting, Spanish-speaking LATAM traders, CFD trading, Thai traders, and Brazilian traders. For you, that means the comparison work has widened without losing the detail that matters in a particular market.

Related pages

About the author

Justin Grossbard, Co-Founder of CompareForexBrokers

Justin Grossbard

Justin Grossbard is the CEO & Co-Founder of CompareForexBrokers established in 2014, along with Noam Korbl and works as Strategic Head Of Research.

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