Disclaimer

comparefx.co · Michalvi Empire LTD (HE 493986) · Updated: July 2026 · Independent editorial

The short version: everything on comparefx.co is general information, not advice about what you personally should do with your money. We earn affiliate commission from some of the brokers we list. Broker terms change often, so verify anything that matters directly with the broker and its regulator before you deposit.

No financial advice

Michalvi Empire LTD is not authorised or regulated as an investment firm, and nothing on this site is a personal recommendation. We do not know your income, your existing holdings, your tax position, your experience or your tolerance for loss, so nothing we publish can be suitable advice for you specifically. Reviews, comparison tables, scores, checklists and calculators are research material intended to help you ask better questions — not an instruction to open an account, buy an instrument or size a position.

If you want a recommendation tailored to your circumstances, speak to a professional adviser authorised in your own country.

No performance or income claims

We make no claim, express or implied, about what you might earn. We do not publish profit projections, guaranteed returns, win rates or income figures, and we do not promote anyone who does. Past performance of any market, strategy or broker tells you nothing reliable about future results.

Capital at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Leveraged trading can produce losses far faster than most people expect. Never trade with money you cannot afford to lose entirely, and never with money you need for rent, debt repayments or essentials.

Accuracy and the limits of our data

We check broker information against the broker's own published terms and the relevant public regulatory register, and we date every page. Even so:

Spreads, commissions and swap rates move continuously, and headline or "typical" figures are averages, not the price you will be filled at.
Minimum deposits, leverage caps, available instruments and account types differ by the entity you are onboarded to, which usually depends on your country of residence.
Regulatory status can change between our review date and the day you read the page.
Promotions and bonuses appear and disappear without notice, and many are unavailable to retail clients in the EU.

The figures on this site are provided "as is", without warranty of accuracy or completeness. Always confirm the current terms on the broker's own site and check its licence on the regulator's register before depositing. Found something wrong? Tell us — we correct verified errors.

Affiliate relationships

comparefx.co is funded by affiliate commission. When you open an account through certain links on this site, the broker may pay us a referral fee. You pay nothing extra, and your trading terms are identical to those of anyone who arrives at the broker directly.

Commission does not buy a ranking. Brokers cannot pay to be listed, to be scored higher, or to have criticism removed, and we list brokers we earn nothing from where they belong in a comparison. Our methodology sets out the criteria; the full affiliate disclosure sets out the commercial side. That said, an affiliate-funded site has an inherent commercial interest in you opening an account. Read everything here with that in mind, and treat our conclusions as one input among several.

Third-party sites and content

This site links to brokers, regulators and other external resources. We do not control those sites and are not responsible for their content, their accuracy, their privacy practices or anything that happens to you once you leave comparefx.co. A link is not an endorsement of everything a third party publishes or does.

Where this information applies

Our editorial is written primarily for readers in the European Union and is framed around ESMA and national rules such as retail leverage caps, negative balance protection and the standardised risk warning. Rules elsewhere differ substantially.

Nothing on this site is an offer or solicitation to any person in any jurisdiction where such an offer would be unlawful, or where the firm concerned is not licensed to accept clients. It is your responsibility to check that trading these products is lawful for you where you live, and that a broker is permitted to serve residents of your country. Tax treatment depends on your individual circumstances and can change.

Limitation of liability

To the fullest extent permitted by law, Michalvi Empire LTD accepts no liability for any loss or damage — including trading losses, lost profits or consequential loss — arising from reliance on information published on comparefx.co, from errors or omissions in that information, or from dealings with any third party found through this site. Your trading decisions are yours alone. Nothing here excludes liability that cannot lawfully be excluded.

Changes to this disclaimer

We may update this page as the site or the regulatory position changes. The revision date at the top of the page always reflects the current version, and continued use of the site means you accept it. The full terms are in our terms of use.

Published by: Michalvi Empire LTD — HE 493986

Registered office: Ellados 4, Agios Amvrosios, 4710 Limassol, Cyprus

Questions about this page: editorial@comparefx.co

Last reviewed: 26 July 2026

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