Affiliate Disclosure

1. How Brokeradar is paid

Brokeradar participates in referral (affiliate) programmes run by some of the brokers listed on this site. When you follow one of our tracked links to a broker and then open and fund a live trading account, that broker may pay us a fee. Depending on the programme, the fee can be a fixed amount per account, a share of the broker's revenue from that account, or a combination. The exact terms differ by broker and are confidential to the agreement.

Not every broker on Brokeradar has a referral arrangement with us. We review and score brokers with and without one, using the same methodology.

We do not sell reviews, paid placements or "featured" spots inside scored rankings, and brokers cannot pay to have negative findings removed.

2. Which links and buttons are affiliate links

The following are, or may be, affiliate links when a referral arrangement exists with that broker:

• "Open Account", "Visit Broker" and similar call-to-action buttons on broker cards, review pages, comparison pages and best-of guides.
• Broker names or logos that link out to the broker's website.
• Text links to a broker's sign-up page inside review copy or guides.

The following are not affiliate links:

• Links to regulator registers, regulator warning lists and official notices.
• Links to a broker's legal documents, fee schedules or account specification pages that we cite as sources. These point at the public document, not at a tracked sign-up page.
• Internal links between Brokeradar pages.

3. How to identify an affiliate link

• Every affiliate link carries the HTML attribute rel="sponsored", which is the standard way to tell search engines and browsers that a link is commercial. You can see it by inspecting the link in your browser.
• Affiliate links open in a new tab and take you to the broker's own website. The address bar will show the broker's domain, often with a tracking parameter in the URL.
• Each affiliate link also carries data-broker and data-placement attributes naming the broker and where on the page the link sits, so anyone can audit which links are commercial.
• Outbound clicks on affiliate links are counted so we can report referrals accurately. This does not identify you personally; see the privacy policy for details.

4. Why commissions do not change scores or rankings

• The Brokeradar editorial score is calculated from four documented pillars with fixed weights. Affiliate status and commission size are not inputs. The formula is public on the methodology page.
• Guides are ordered by the unrounded editorial score. A broker that pays us nothing can and does rank above brokers that pay us.
• Commercial arrangements are handled separately from editorial work. The person scoring a broker works from the methodology checklist, not from the commercial terms.
• If a broker with a referral arrangement loses a licence, changes its fees for the worse, or is sanctioned, its score goes down and the review says why. The editorial policy describes the correction and update process.
• We do not accept requests from brokers to remove or soften negative findings, whether or not they pay us.

5. Risk warnings still apply

A referral link means we may be paid if you open an account. It does not mean the broker is suitable for you, that trading with it is safe, or that you should trade at all. Forex, CFDs and cryptocurrencies are leveraged products and a large proportion of retail accounts lose money. Each broker publishes its own risk warning and loss percentage; read it before you deposit.

Brokeradar does not provide investment, tax or legal advice. Nothing on this site should be read as a personal recommendation. See the terms & conditions.