Clarytrade
24 brokers indexedcommission weighted 0%
Broker research scanner

Scan a broker before you deposit.

Check the legal entity, licence evidence, trading costs, withdrawal friction and red flags before opening an account.

Clarytrade is a broker research and comparison website focused on fees, licences, entities, availability and risk notes.

Popular:
LOOK BEYOND THE BRAND
Pepperstone logo
PepperstoneThe details behind the name.
RESEARCH PREVIEW
Licence records
FCA · ASIC · CySEC
Legal company
Depends on your country
Full account cost
Spread + commission + financing

Group-level records. Confirm your exact entity.

Profile 1 of 23Use arrows to change brokerSwipe or use arrows
One brand. More to check.

Go from the name you know to the details that matter.

Rankings use fixed criteria.·Affiliate commission never buys first place.·Trading involves risk.
Choose your country to check broker coverage and referral availability

Capital at risk. Most retail CFD accounts lose money. Availability, fees and product access may vary by country.

What the scan checks
Regulation entity
Withdrawal friction
Real trading cost
Leverage & product risk
Country availability
Red flags

Every Clarytrade scan covers these before you deposit — informational only, not financial advice.

Find a broker for your next account

Start with where you live and what you need from the account. Compare the details before you decide whether to apply.

Build a country-and-account report
Latest Broker Checks

Recent licence checks, entity updates and risk notes from the Clarytrade database. Deep dives live in the fee & regulation guides.

Check a broker

Notes from our licence-verification log and entity dataset — informational only, not financial advice. Always confirm a licence on the official regulator register before depositing.

View methodology updates
Scanned & ranked

Broker research for your country

Strongest profiles on our eight-signal scan, filtered by our country records. Referral availability and the legal entity that opens your account need separate checks. Commission never changes the order.

How Clarytrade ranks brokers

Scores are based on regulation, entity clarity, costs, withdrawal friction, platform fit and risk warnings. Affiliate commission has 0% weighting.

See the methodology
Checking referral availability…
Pepperstone logo

Tier-1 regulated raw-spread broker with excellent platform choice.

0
Match
Higher riskHigh regulation
Best for low fees, advanced tools
Not ideal for total beginners wanting simplicity
Real cost
$····
Withdrawal
Same–next day
Min deposit
$10

Costs and charges may vary depending on the jurisdiction

80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Checking availability…
Checking referral availability…
IC Markets logo

High-volume raw-spread ECN broker popular with scalpers and EAs.

0
Match
Higher riskHigh regulation
Best for low fees, scalping & eas
Not ideal for total beginners wanting simplicity
Real cost
$····
Withdrawal
Same–next day
Min deposit
$200
Leveraged CFDs — most retail accounts lose money; without negative-balance protection, losses can exceed your deposit.
Checking availability…
Checking referral availability…
XTB logo
#3XTB

Listed multi-asset broker with commission-free real stocks and a top platform.

0
Match
Medium riskHigh regulation
Best for real stocks & etfs, great platform
Not ideal for copy trading
Real cost
$$···
Withdrawal
Same–next day
Min deposit
$0
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Checking availability…
Licences register-checkedLast updated October 2026

Availability, entity, fees and product access can vary by country. Verify directly before depositing.

We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.

Sponsored links disclosedRankings are not for saleRisk shown before clickoutReviews updated regularly
Popular broker checks

Fee, licence and regulation checks people search before depositing.

All guides
Entity trap

Same broker. Different entity.

A broker brand can show several licences, but your protection depends on the legal entity that opens your account. Choose a country to see how the company and regulator can change.

The brand you see
Pepperstone logo
Pepperstone
Advertised regulation
FCACySECASICDFSABaFinCMASCBCMA (UAE)

One brand, several legal companies. The licence badges alone don't tell you which company is yours.

Choose an example country
United Kingdom example
Possible account entity

Pepperstone Limited

Regulator
FCA · Tier 1
Compensation scheme
FSCS — up to £85,000 if the firm fails (not for trading losses)

Confirmed country mapping in our evidence. Recheck your agreement.

Example: Pepperstone, from our research. Selecting a country here only changes this example. Yours may differ; confirm the legal entity on your agreement and the official register before depositing. Compensation arrangements have conditions and do not cover trading losses.

More ways to check before you deposit

Spot the warning signs yourself, practise risk decisions and estimate the real cost of trading — all before any money moves.

Get the broker deposit checklist.

A plain-English checklist for checking regulation, fees, withdrawal terms, leverage risk and red flags before you fund an account.

Educational checklist only — not investment advice and no trading signals. We store your email to send the checklist; no spam. See our privacy policy.

Cost Leak Calculator

See what trading costs can quietly eat.

A rough estimate of the spread, commission and swap on a typical trade — and what it adds up to over a month. Costs vary; this is not a quote.

Estimated cost
Per trade
$14.00
Spread
$8.00
Commission
$6.00
Swap
$0.00
Estimated monthly cost
$280.00
20 trades
Estimates only. Spreads, commissions and swaps change with account type, market conditions and time — verify live costs with the broker before trading. This is not a quote.
Withdrawal Risk Check

Funding is easy. Getting money out is where bad platforms show themselves.

Before you deposit, confirm these — and test a small withdrawal early, before you scale up.

01

Supported methods

Can you withdraw the way you want — bank, card, e-wallet — or only via a slow or limited option?

02

Processing times

Stated payout time vs reality. "Instant" deposits often pair with multi-day withdrawals.

03

Verification (KYC)

What documents are required, and is verification demanded only when you try to withdraw?

04

Country restrictions

Some methods or payouts are blocked in certain countries. Confirm yours is supported.

05

Withdrawal fees

Flat fees, percentage cuts, currency-conversion spreads and minimum-withdrawal thresholds.

06

Return to source

Most regulated brokers must return funds to your original payment method. Check the policy.

07

Account / entity restrictions

Bonus lock-ins, minimum trade volumes, or which legal entity holds your funds can all gate a withdrawal.

Treat friction as a flag. If any of these are hard to find or unclear in a broker's terms, slow down and verify directly before you fund the account.

Why this exists

Most comparison sites stop at rankings. Clarytrade checks the things traders tend to discover too late.

  • The legal entity that actually opens your account
  • Withdrawal friction — before you deposit, not after
  • Real trading cost, not the headline spread
  • Leverage and product risk in plain terms
  • Whether commission influences placement (it doesn't)
Why trust the scan

Fixed criteria. Commission weighted 0%.

Every Clarity Score uses the eight weighted criteria below. Scan results also show country availability and product-risk information separately. Affiliate commission never changes the score or ranking. Scores are informational, not financial advice.

Regulation & safety
25%
Fees & all-in cost
20%
Platform & app quality
15%
Asset coverage
10%
Deposits & withdrawals
10%
Reputation & complaints
8%
Customer support
7%
Transparency
5%
Affiliate commission
0%

Scan your broker before you fund.

Check regulation, real cost, withdrawal friction and red flags. Know where your money is going before you deposit.