How we research and review brokers
Clarytrade is an independent broker scanner and comparison service. This is the policy behind every score, scan and comparison on the site.
Independence — commission is weighted 0%
We earn affiliate commission when you open an account through our links, at no extra cost to you. It is weighted 0% in our scoring and never changes a score or rank. Sponsored placements, if any, are labelled and sit outside the ranking. See how we make money.
Research-based reviews — sources, not marketing
Reviews are research-based. We use published broker information, regulatory registers, pricing disclosures and platform documentation, scored against our published 8-criteria method. We do not claim live account testing unless we state it explicitly, and figures are indicative — always verify directly before depositing.
Compliance-first, risk-first
We show risk before any click-out, disclose every affiliate link, and never call a broker “safe”, promise profits or give financial advice. Trading involves risk and most retail CFD accounts lose money. See the risk disclosure.
Updates & accuracy
Every review shows a last-reviewed date. We re-check platforms on a regular cadence and update figures when terms change. Broker terms, fees and availability change often — the date tells you how fresh our snapshot is.
Corrections policy
If we get something wrong, we fix it and note the change. Spotted an error or an out-of-date figure? Email corrections@clarytrade.com or contact usand we'll review it.
Who produces this research
the Clarytrade editorial team
Clarytrade's in-house editorial team researches each platform against a published, fixed methodology — using regulatory registers, broker disclosures, pricing pages and platform documentation. Reviews are research-based; we don't claim live account testing unless we state it explicitly, and affiliate commission is weighted 0% in our scoring.
We don't publish reviews under invented expert names. Authorship is the editorial team's unless an individual reviewer is named. About & reviewers.
How a broker review is produced
- 1Gather sources: regulatory registers, the broker's own legal/pricing/platform pages and public disclosures.
- 2Score against the fixed 8-criteria method (regulation, cost, platform, assets, deposits, support, reputation, transparency).
- 3Flag risk and red flags plainly — leverage, offshore entities, withdrawal friction — before any affiliate link.
- 4Record the last-reviewed date and re-check on a regular cadence; correct errors publicly.
Corrections log
When we find an error in our data — a wrong licence number, an outdated fee — we fix it and log it here with the date and what changed. Spotted something off? Email corrections@clarytrade.com or use report an issue.
| Date | Subject | What was wrong | Corrected to |
|---|---|---|---|
| 2026-07-10 | XM inactivity fee | Our database listed “$15 after 12 months”. | XM's documents state $10/month after 90 days of inactivity; the 12-month clause is agreement termination, not a fee. |
| 2026-06-19 | FXTM — CMA licence | Was wrongly '122'. Source: Exinity press release. | Exinity Capital East Africa Ltd: 135 |
| 2026-06-19 | FXTM — CySEC licence | CIF withdrawn 20 May 2024 — removed from data.ts. | Entry removed from our data — no such licence is listed. |
| 2026-06-19 | VT Markets — FSC licence | Was wrongly GB23201266. | VT Markets Ltd: GB23202269 |
| 2026-06-19 | PU Prime — FSCA licence | Was wrongly 51298; corrected to FSP 52218 (PU Prime (Pty) Ltd, 18 Cavendish St, Claremont, Cape Town). | PU Prime (Pty) Ltd: FSP 52218 |
| 2026-06-19 | PU Prime — SCB licence | SIA-F216 belongs to Trade Nation Ltd — removed; PU Prime has no Bahamas licence. | Entry removed from our data — no such licence is listed. |
| 2026-06-19 | StarTrader — FSCA licence | Was wrongly 50926 (FP Markets'). | StarTrader International Pty Ltd: FSP 52464 |
| 2026-06-19 | StarTrader — FSC licence | Was wrongly GB22200717. | STARTRADER Financial Markets Limited: GB24203371 |
| 2026-06-19 | Blueberry Markets — ASIC licence | Was wrongly 463745. | Blueberry Australia Pty Ltd: 535887 |
| 2026-06-19 | XTB — DFSA licence | Was wrongly F003484 (that is XM's). | XTB MENA Limited: F006316 |
| 2026-06-19 | Capital.com — FSA licence | Was wrongly SD150 (that is Trade Nation's). | Capital Com Stock and CFD Investing Ltd: SD101 |
| 2026-06-19 | OKX — VARA licence | Was 'provisional'; full VASP licence, active, read on VARA register. | OKX Middle East Fintech FZE: VL/23/12/003 |
Licence corrections are drawn directly from our internal evidence log; corrected values should still be verified on the regulator's official register before you rely on them.
Related: methodology, how we make money, about, regulation. Policy last updated June 2026.