Affiliate Disclosure

1. How We Make Money

The Broker Report is a free resource. We don't charge visitors to read our reviews, use our comparison tools, or access our educational content. Instead, we earn revenue through affiliate commissions from some of the brokers featured on our site.

When you click on certain links on our website and subsequently open a trading account with a broker, that broker may pay us a commission. This is a standard practice in the financial publishing industry and is how we fund the research, testing, and content creation that goes into every review.

Not all brokers we review have an affiliate relationship with us. We also review brokers that do not pay us any commission. Our coverage decisions are based on relevance and reader interest, not commercial relationships.

2. How Affiliate Links Work

Affiliate links on our website typically appear in the following places:

• "Visit Broker" buttons on review pages and comparison tables
• Redirect pages at /go/ URLs (e.g., /go/broker-name/)
• Broker name links in certain contexts where they lead to the broker's website

When you click one of these links, you are redirected to the broker's website. A tracking cookie or identifier may be set so the broker knows you were referred by us. If you open an account, the broker attributes the referral to The Broker Report and may pay us a one-time or recurring commission.

Using our affiliate links does not cost you anything extra. The trading conditions, fees, and spreads you receive from the broker are the same regardless of whether you came from our website or went directly to the broker.

3. Does This Affect Our Ratings?

No. Our affiliate relationships do not influence our ratings, reviews, or editorial content.

This is the most important point on this page, so we want to be clear about it:

• Brokers cannot pay for higher ratings or more favorable reviews
• Affiliate commissions do not factor into our scoring methodology
• We have given low ratings to brokers with whom we have affiliate relationships
• We have given high ratings to brokers with whom we have no commercial relationship
• Our editorial team evaluates brokers independently from any business development or partnership discussions

Our reputation depends on honest, accurate reviews. If we compromised our editorial integrity for short-term revenue, we would lose the trust that makes our recommendations valuable. We have a clear financial incentive to keep our reviews trustworthy.

4. Our Testing Process

We review brokers through hands-on testing, not desk research. Here's what our process involves:

• Real accounts: We open live trading accounts with the brokers we review, deposit real money, and trade under real market conditions
• Platform testing: We test every trading platform offered by the broker, including desktop, web, and mobile applications
• Spreads and fees: We record actual spreads and fees during different market conditions, rather than relying solely on the broker's advertised rates
• Customer support: We contact each broker's support team through multiple channels to evaluate response times and quality
• Deposit and withdrawal: We test the account funding and withdrawal process, noting any issues, delays, or hidden fees
• Regulatory verification: We verify each broker's regulatory status directly with the relevant authorities

This process is the same whether or not we have an affiliate relationship with the broker.

5. How We Maintain Objectivity

We take several steps to ensure our content remains objective and trustworthy:

• Consistent methodology: Every broker is evaluated using the same criteria and scoring framework, applied uniformly regardless of affiliate status
• Editorial independence: Our review team operates independently from partnership and business development activities
• Transparency: We disclose affiliate relationships on our website (you're reading this disclosure right now)
• Regular updates: Reviews are periodically re-tested and updated to reflect current broker conditions
• Reader feedback: We take reader reports seriously and investigate any claims of inaccuracies in our reviews

6. FTC Compliance Statement

In accordance with the Federal Trade Commission's guidelines concerning the use of endorsements and testimonials in advertising (16 CFR Part 255), we disclose the following:

If you have any questions about our affiliate relationships or how we earn revenue, please contact us at legal@thebrokerreport.com.