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CompareForexBrokers

About CompareForexBrokers

An independent UK site that has reviewed and ranked FCA-regulated forex and CFD brokers since 2014, on a scored model, with the testing basis behind every score and rankings kept out of any commercial deal.

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

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Compare Forex Brokers is an independent UK publisher that has reviewed FCA-regulated forex and CFD brokers since 2014. Two traders and an editorial lead run the site: Justin Grossbard directs testing, Noam Korbl leads cost and execution testing, David Levy fact-checks every figure before publication.

Justin Grossbard
Justin GrossbardCo-Founder, Head of Research
Noam Korbl
Noam KorblCo-Founder, Head of Testing
David Levy
David LevyHead of Content

Who we are

Justin Grossbard is the co-founder and head of research at CompareForexBrokers, has traded forex since 1998 and owns the rating model. Noam Korbl is the co-founder and head of testing at CompareForexBrokers and leads spread, commission and execution testing alongside the education content. David Levy is the head of content and fact-checker at CompareForexBrokers and signs off published copy before it goes live. Read more on the Justin Grossbard, Noam Korbl and David Levy profiles.

Who operates this site. CompareForexBrokers.co.uk is run by the three people named above. The site is a comparison publisher, not an FCA-authorised firm, and does not hold client money. Corrections and complaints about our content go through the contact page.

What we cover

The site is built around FCA-regulated forex and CFD brokers and the things a UK trader weighs when choosing one. Our broker reviews sit at the centre, each tied to the firm’s FCA entity and Firm Reference Number. Around them are comparison guides for cost, platform and account type, the trading platforms themselves (MT4, MT5, cTrader, TradingView), the main CFD asset classes, and a set of plain-English education pages.

What we deliberately leave out matters too. Spread betting has its own comparison home and is not optimised here. Crypto CFDs are banned for UK retail, so they get no buy CTA. Bonus and incentive content is absent because the FCA bans it for retail clients.

How we test brokers

Scores come from a documented model with eight weighted criteria, led by trading costs at 25%. Each review states the basis behind its claims: a live UK account opened at the broker’s FCA-authorised entity, funded in GBP and traded. Most brokers now show a tested modal spread recorded on a live UK account in July 2026, and a few whose UK spreads are dynamic or unpublished stay at the advertised rate; the review says which applies, so you can see what kind of evidence sits behind a rating rather than taking “we tested it” on trust. Trading costs, FCA status, FSCS cover and UK minimum deposits are always UK-sourced. The full process and the weights are set out on the methodology page.

How we choose which brokers to include

Inclusion is a rule, not a favour. A broker appears on this site only if it has a verifiable UK FCA retail entity and a review we can link to. We check the firm’s authorisation and Firm Reference Number on the FCA register before it earns a place. A global name that serves UK clients through an offshore arm, or has no UK retail permission, is left off rather than presented as a UK option. That is why some brands you might expect to see are absent: they could not be confirmed as FCA-authorised for UK retail.

Editorial independence

Affiliate commission pays for the site. It does not buy a ranking. A broker’s position is the output of the scoring model, applied the same way whether or not we have a commercial relationship with that firm. The people who test brokers and write reviews are kept separate from the people who manage those relationships, so a partner cannot quietly lift its own score. Where a partnership exists, we disclose it. The detail sits on the advertiser disclosure page, and the standards behind it on why trust us.

FCA, FOS and FSCS regulatory context

UK retail traders sit inside a specific framework, and it shapes everything on this site. The FCA authorises every broker we rank and publishes a Firm Reference Number for each, which you can verify on the FCA register. Retail accounts get capped leverage, negative balance protection and a 50% margin close-out under PS19/18. If an authorised broker fails, the Financial Services Compensation Scheme covers eligible claims up to £85,000 per person, per firm. For disputes short of insolvency, the Financial Ombudsman Service handles complaints once the broker’s own process is done.

The site itself is not an FCA-authorised firm and does not give advice. That position is set out in full on why trust us.

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Get in touch

Questions, corrections and complaints go through the contact page. Messages reach a monitored inbox read by the team, not an outsourced support desk.

Justin Grossbard co-founded Compare Forex Brokers in 2014 and has traded forex since 1998. He owns the rating model and is the final reviewer on broker scores. David Levy fact-checks and signs off the site’s content.

FAQs

When did CompareForexBrokers start?
The site has compared forex and CFD brokers since 2014.
Do you only cover UK brokers?
Yes. We cover brokers holding a UK FCA retail entity, and a broker without UK retail permission is excluded.
Do affiliate deals affect the rankings?
No. Rankings are the scoring model's output; commercial relationships are disclosed and kept out of scoring.
Who fact-checks the site's content?
David Levy, the site's head of content, checks every figure, regulatory statement and broker detail against primary sources before publication.
Is CompareForexBrokers regulated by the FCA?
No. The site is a comparison publisher, not an FCA-authorised firm, and gives general information rather than financial advice.
How do I report an error on this site?
Use the contact page. Corrections go to David Levy, the site's head of content, who checks the reported figure against primary sources and fixes confirmed errors on the page.

About the author

Justin Grossbard, Co-Founder of CompareForexBrokers

Justin Grossbard

Justin Grossbard is the co-founder and head of research at CompareForexBrokers. He has traded forex since 1998, leads UK broker research and has personally reviewed every FCA-regulated broker on this site. His work has appeared in Forbes, Kiplinger and Finance Magnates, and he holds a Bachelor of Commerce (Honours) and a Master's in Marketing.

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