1. Our commitment to transparency
ForexBrokers.ca is an independent comparison site. You deserve to know exactly how we are funded and what impact this may have on our content.
2. What is affiliate marketing?
Affiliate marketing is a business model in which a website, like ours, receives a commission when a visitor opens an account with a partner after clicking one of its links. This commission is paid by the partner, not by you. You pay nothing extra by going through our links.
3. Our active partnerships in Canada
As of the last update of this page, we have active affiliate partnerships with the following companies.
Broker partners:
- AvaTrade Canada (Friedberg Direct): active affiliate partnership;
- FOREX.com Canada (StoneX): approved marketing partner;
- Questrade: active affiliate partnership;
- Plus500 Canada: active affiliate partnership;
- Fortrade Canada: active affiliate partnership.
Platform partners:
- TradingView: active affiliate partnership (technical analysis platform).
OANDA Canada: we do not currently have an affiliate partnership with OANDA. Links to OANDA on our site earn us no commission.
4. How to identify an affiliate link
On our reviews, rankings and tools, buttons that lead to a partner broker are marked with the ★ (star) symbol. The review of a broker without a partnership says so under the final button. A reminder of this policy appears at the bottom of every page.
Technically, all our affiliate links, including those in articles, carry the HTML attribute rel="sponsored nofollow noopener", which tells Google and other search engines what they are. Links to OANDA only carry rel="nofollow noopener".
5. Impact on our ratings
Our ratings and ranking are set solely according to our public methodology of 40 criteria grouped into 5 pillars: regulation, fees, platforms, instruments and customer service. You can read this methodology on our methodology page.
A partner broker does not receive a more favourable rating than a non-partner broker. OANDA is an example: without being a partner, it has the same overall rating as Plus500 (9.3/10), which is one.
6. How we fund the site
Affiliate commissions are our main source of revenue. They allow us to keep the site free to use, with no intrusive advertising, no paywall and no sale of data.
Our goal is to help each reader find the broker that suits their profile, based on our public methodology. A reader who finds a broker that meets their needs on our site is a reader who comes back and recommends us.
7. The rules we follow
- We only recommend brokers authorized by CIRO in Canada and members of the CIPF.
- We publish our full evaluation criteria and our scoring scale.
- We flag our affiliate links.
- We mark partner brokers with a star and state on a broker's review when there is no partnership.
- We never change a rating as a result of commercial pressure.
- We keep the public list of our active partnerships up to date (this page).
8. Your questions, our answers
“Can you honestly tell me which broker is the best?”
No, because the right choice depends on your profile. Our site helps you identify the one that matches your needs, using our public methodology and our tools: Find my broker and the broker comparison.
“If a broker stops paying you commissions, will you move it down the ranking?”
No. Our ranking is based on our public methodology, not on our commercial agreements. If a broker's quality drops (higher fees, a platform withdrawn, loss of its authorization), the ranking reflects this drop, whether or not we have a partnership.
“Is your site affiliated with a particular broker?”
No. We are a legally independent entity (Forex Québec) that operates several comparison sites (brokerforex.ca, forex-brokers.ca, brokers.forex, fx.broker). We are not owned by any broker.
9. Contact us
For any question about our business model or our partnerships:
- Email: contact@forex-brokers.ca
- Form: contact page