Why trust CompareFX

We are independently operated, EU-regulated, and transparent about how we make money. Here is everything you need to know about how we work.

Who we are

CompareFX is operated by Michalvi Empire LTD, a company registered in the Republic of Cyprus (registration number: HE 493986). We are not a broker, we do not hold client funds, and we are not authorised to give financial advice.

We are a comparison and information website. Our job is to make it easier for you to compare forex and CFD brokers side by side, based on objective data.

How we make money (affiliate disclosure)

CompareFX earns a commission when you click a link on our site and open a trading account with a broker. This is called affiliate marketing.

What this means for you:

We receive a referral fee from some brokers — either a flat payment per account opened, or a share of trading revenue.
We only list brokers we have verified are regulated by a recognised financial authority (FCA, CySEC, ASIC, or equivalent).
We do not allow brokers to pay for a higher ranking or a better review score. Ratings are based on our methodology, not on commercial relationships.
Brokers without an affiliate relationship are still listed on the site where relevant.

The affiliate relationship does not affect the price you pay to open or use a trading account.

Our review methodology

Every broker review on CompareFX is based on the following criteria, weighted for importance:

Regulation

We check the regulator, licence number, and country of incorporation. Brokers without a tier-1 or tier-2 regulatory licence are not recommended.

Spreads and fees

We review typical spreads on EUR/USD, commissions, overnight swap rates, and any inactivity fees.

Platforms

We assess MT4, MT5, proprietary apps, and mobile experience. We test where possible.

Minimum deposit

We note the minimum deposit required to open a live account, as this affects accessibility for new traders.

Customer support

We check available support channels, languages, and response quality.

Leverage and instruments

We note EU-regulated leverage limits (ESMA rules: 30:1 max for major pairs for retail clients) and available instrument categories.

EU regulatory compliance

CompareFX operates under EU consumer protection standards. Key commitments:

ESMA risk warning — displayed prominently on every page. Between 74% and 89% of retail accounts lose money trading CFDs with most brokers we list.
No income claims — we do not claim or imply that using a broker will result in profit.
No investment advice — content on CompareFX is educational and comparative only. It is not personal financial advice. Consult a qualified financial adviser before trading.
Affiliate transparency — every page that includes affiliate links carries a disclosure notice at the top.
Data protection — we comply with GDPR (EU 2016/679). We collect minimal analytics data. See our privacy policy.

Brokers we have an affiliate relationship with

The following brokers pay us a referral fee when you open an account through our links. All are regulated by recognised financial authorities.

Broker	Regulator(s)	Status
ActivTrades	FCA, CMVM, SCB	Live
Admiral Markets	FCA, CySEC, ASIC	Live
AvaTrade	CySEC, ASIC, FSCA	Live
BlackBull Markets	FMA (NZ), FSA (Seychelles)	Live
Blueberry Markets	ASIC	Live
CMTrading	FSCA	In progress
Exness	CySEC, FCA, FSCA	Live
FIBO Group	CySEC	Live
FreshForex	SVGFSA	Live
Fusion Markets	ASIC, VFSC	Live
FxPro	FCA, CySEC, FSCA	In progress
IQ Option	CySEC	Live
Plus500	FCA, CySEC, ASIC	Live
SabioTrade	SVGFSA	Live
Tickmill	FCA, CySEC, FSA	Live
XM	CySEC, ASIC, IFSC	Live

Brokers listed on CompareFX without an affiliate relationship are included for comparison purposes only.

Contact us

For editorial corrections, data disputes, affiliate enquiries, or compliance questions, contact us at:

michalvi@michalvi.com

Michalvi Empire LTD — HE 493986 — Cyprus

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