Terms of Use

Effective date: {{EFFECTIVE_DATE}} · Last updated: {{LAST_UPDATED}}

Risk Warning — forex and CFDs. Trading foreign exchange and Contracts for Difference (CFDs) on margin is high risk. You can lose more than you deposit. {{X}}% of retail investor accounts lose money when trading CFDs with the brokers reviewed on this site. You should not trade with money you cannot afford to lose. You should seek independent advice if you do not understand how forex, CFDs, leverage, margin calls, and stop-out levels work.

Affiliate disclosure. CompareFX receives compensation from the brokers listed on this site when you click a link and subsequently open and fund a trading account. The commissions we receive help fund the site and may influence the order in which brokers are displayed, but they do not change the scoring methodology we apply in our reviews. We only list brokers that hold a licence from a recognised financial regulator.

1. Acceptance of these Terms

These Terms of Use (“Terms”) are a binding agreement between you (“you”, “user”) and {{LEGAL_ENTITY}}, the operator of CompareFX at comparefx.co. By accessing or using the site you confirm that you have read, understood, and accepted these Terms. If you do not accept them, please do not use the site.

2. No financial advice

CompareFX is an informational and review website. Nothing on this site is, or should be interpreted as:

investment advice, financial advice, or a personal recommendation;
an invitation, inducement, or solicitation to buy, sell, or hold any financial instrument;
a regulated service under the Markets in Financial Instruments Directive (MiFID II) or any equivalent regime in {{JURISDICTION}};
tax, accounting, or legal advice.

We do not take into account your personal objectives, financial situation, risk tolerance, or needs. Any decision to open an account with a broker or to place a trade is your own decision. Consult a licensed financial adviser in your country before trading.

3. Informational content and broker data

We try hard to keep broker information — spreads, commissions, regulation, minimum deposits, platforms, leverage caps — accurate and up to date. However, brokers change their terms frequently, and marketing pages, regulatory status, or product availability may be different by the time you read a review.

We make no guarantee that the information on this site is complete, accurate, current, or free of errors. Before opening an account or depositing funds you must verify the broker’s current terms, regulatory status, and country availability directly on the broker’s own website and, where appropriate, with the relevant regulator.

4. Affiliate relationships and disclosure

In line with the FTC Guides Concerning Endorsements and Testimonials (United States), the UK Advertising Standards Authority (ASA) and CAP Code, and the EU Unfair Commercial Practices Directive:

We disclose that this site monetises through affiliate partnerships.
Links labelled “Visit broker”, “Open account”, broker logos, and most call-to-action buttons are affiliate links.
If you click an affiliate link and later open and fund an account with that broker, we may receive a commission (CPA, revenue share, or hybrid) paid by the broker or its affiliate network.
Receiving commission does not change the cost to you — you pay the broker’s standard spreads and commissions whether or not you arrive from our site.
Commissions may influence the placement and visibility of brokers, but scores are based on the review methodology described on the site, not on commission size.

5. Age restriction — 18+

Trading forex and CFDs is an adult financial activity. By using this site you confirm that you are at least 18 years of age (or the age of financial majority in your jurisdiction, whichever is higher). The brokers reviewed on this site will not open an account for a minor. If you are under 18 you must leave the site.

6. Restricted jurisdictions — your responsibility

Forex marketing, CFDs, and international brokerage services are regulated differently in every country. You are responsible for checking whether it is legal for you to trade forex or CFDs where you live, and whether the brokers we link to are authorised to serve clients in your country. In particular, please note:

United States: the National Futures Association (NFA) and CFTC heavily restrict retail forex and CFD trading. Most of the brokers reviewed on this site do not accept US residents. US residents must not use our broker links unless the broker explicitly states it is authorised for US clients.
Parts of the MENA region: several jurisdictions (including Saudi Arabia, UAE onshore, and others) restrict or prohibit unlicensed offshore brokerage. Check the rules from your domestic regulator (SAMA, SCA, etc.) before acting on any information on this site.
India: the Foreign Exchange Management Act (FEMA) and RBI restrict Indian residents from trading currency pairs not involving INR through overseas brokers. Residents of India must consult a local adviser before using any broker listed on this site.
Other restricted markets: Belgium (retail CFDs banned), certain US territories, North Korea, Iran, and other sanctioned jurisdictions. We do not target users in sanctioned jurisdictions.

If you access the site from a jurisdiction where any of its content would be unlawful or non-compliant, you do so on your own initiative and at your own risk.

7. Permitted use of the site

You may access and read the content on this site for your personal, non-commercial information. You may not, without our prior written permission:

copy, reproduce, republish, or redistribute any substantial portion of the content;
scrape, crawl, or harvest broker data, ratings, or prices by automated means;
frame the site or present it within another site so as to misrepresent the source;
use the content to train machine-learning models or to create a competing broker-comparison product;
interfere with the site’s security, availability, or integrity; or
submit false, defamatory, or misleading content through any form or comment feature.

8. Intellectual property

All content on the site — text, reviews, comparison tables, rating methodology, layout, code, images, and the CompareFX brand — is the property of {{LEGAL_ENTITY}} or its licensors, and is protected by copyright, trademark, and database-right laws in {{JURISDICTION}} and internationally. Broker logos and trademarks are the property of their respective owners and are used for identification only.

9. Third-party sites and broker accounts

When you click a link to a broker or other third party, you leave our site. We have no control over the content, products, services, or privacy practices of third-party sites. The broker’s own Terms of Service, Privacy Policy, KYC rules, margin rules, and withdrawal rules will apply to the account you open with them. Disputes regarding deposits, withdrawals, trade execution, or broker insolvency are matters between you and the broker — not CompareFX.

10. Disclaimers

To the maximum extent permitted by law, the site and its content are provided “as is” and “as available”, without warranties of any kind, whether express or implied, including but not limited to: accuracy, completeness, fitness for a particular purpose, non-infringement, uninterrupted availability, or freedom from defects or malicious code.

Past performance of any trading strategy, broker, or product mentioned on this site is not a reliable indicator of future results. Currency, CFD, and leveraged products can result in losses that exceed your initial investment.

11. Limitation of liability

To the maximum extent permitted by the law of {{JURISDICTION}}, {{LEGAL_ENTITY}}, its owners, employees, contractors, and affiliates will not be liable for any:

indirect, incidental, special, consequential, exemplary, or punitive damages;
loss of profits, revenue, trading capital, data, goodwill, or business opportunity;
losses arising from your reliance on information on the site, from your decision to open or not open an account with a broker, or from acts or omissions of any broker;

even if we have been advised of the possibility of such damages. Nothing in these Terms limits liability that cannot be limited under applicable law (for example liability for fraud, gross negligence, or death and personal injury caused by negligence).

Where liability cannot be excluded, our aggregate liability to you for any claim arising out of your use of the site is limited to one hundred euros (€100).

12. Indemnity

You agree to indemnify and hold harmless {{LEGAL_ENTITY}} and its personnel against any claim, loss, or expense (including reasonable legal fees) arising from: (a) your breach of these Terms; (b) your misuse of the site; or (c) your trading activity with any broker, including losses you or a third party incur.

13. Changes to the site and to these Terms

We may add, modify, or remove content, features, or broker listings at any time without notice. We may also update these Terms from time to time. The “Last updated” date at the top of this page shows when the current version took effect. Continued use of the site after a change means you accept the updated Terms.

14. Termination and right to refuse service

We may suspend or terminate your access to the site (for example by blocking your IP or email) if we believe, acting reasonably, that you have breached these Terms, attempted to abuse the site, or acted fraudulently. We may also decline to publish or remove user-submitted content at our sole discretion.

15. Governing law and jurisdiction

These Terms are governed by the laws of {{JURISDICTION}}, without regard to its conflict-of-laws rules. The courts of {{JURISDICTION}} will have exclusive jurisdiction over any dispute arising out of or in connection with these Terms or your use of the site, except where mandatory consumer protection laws in your country of residence give you the right to bring proceedings locally.

16. Miscellaneous

Severability: if any provision of these Terms is found unenforceable, the rest of the Terms remain in full force.
No waiver: our failure to enforce any provision is not a waiver of that provision.
Assignment: you may not assign your rights or obligations under these Terms; we may assign ours in connection with a corporate reorganisation or sale.
Entire agreement: these Terms, together with our Privacy Policy and Cookie Policy, constitute the entire agreement between you and us regarding the site.

17. Contact

Questions about these Terms?

Email: {{CONTACT_EMAIL}}
Postal: {{LEGAL_ENTITY}}, {{REGISTERED_ADDRESS}}