TraderGuide compares FX and CFD brokers from all over the world. We have made it easy to find the right trading broker for your needs.

At the heart of TraderGuide is our mission to connect you with the most cost-effective broker based on your trading requirements and geographical location.

Brokers come in all shapes and sizes. However, just because a broker is big or well-known, has a glamorous marketing campaign, or sponsors a famous football team does not mean it is the best choice for you.

​

What Do We Do?

We have selected 16 financial instruments and track how much it costs to trade this basket of products.

• We monitor 6 stock indices.

• We analyse 7 FX pairs.

• We track 3 commodities.

​

By observing the Bid-Ask prices of these 16 instruments, we calculate a total cost score. The lower the score, the better the broker. It’s as simple as that.

​

Why does this matter?

If a broker has higher Bid-Ask spreads, it takes longer for your position to move into profit.

For example:

• If Broker A charges a 3-pip spread, your position must move 3 pips in your favour just to break even.

• If Broker B offers the same product with a 1-pip spread, you break even after just 1 pip.

 

​​The difference adds up over time, making a significant impact on your trading profitability.

​

16 Instruments: Why Our Basket Matters

We focus on the instruments traders use most frequently.

One of the biggest advantages of TraderGuide is that you can compare brokers by individual product.

• If you only trade gold, TraderGuide will find the broker offering the lowest cost to trade gold.

• If you focus on FX, we identify the broker with the tightest FX spreads.
   

What matters most?

We have boiled it down to three key factors:

• How much does it cost to trade with a broker?
  We measure this by analysing Bid-Ask spreads (the difference between the buy and sell price).

• Does the broker offer Fixed or Variable spreads?
  Over 97% of brokers offer variable spreads, meaning they can widen the spread unexpectedly, making trading more expensive.
  We report the true cost of trading with each broker.

• Are there hidden fees?
  Some brokers advertise “zero spread trading” but then charge a commission on top.
  We expose these hidden costs to ensure transparency.
   

How do we do it?

• We open an account with the broker we are evaluating.

• We record their Bid-Ask spreads across 16 instruments.

• We video record prices at the European market open.

• We video record prices at the US market open.

• We publish our findings, providing complete transparency.
   

What we do not do

• We do NOT let brokers buy their way to the top of our rankings.
  Brokers must earn their ranking by offering the lowest trading costs.

• We do NOT review “fluffy” factors like customer service.
  We expect all brokers—just like any business—to be professional and treat clients with respect.

• We do NOT care about marketing gimmicks.
  A broker sponsoring a football team does not make it a good broker.
  A famous brand ambassador does not mean better trading conditions.
   

We Understand Traders

TraderGuide helps you find the best broker based on:

• What you trade.

• How often you trade.

• Which regulations you prefer.

• How much leverage you need.
   

Our reports are based on facts, not opinions. We rank brokers based on:

• How much does it cost to trade with them?

• What leverage do they offer?

• How much protection does their regulation provide?

• Do they offer fixed or variable spreads?
   

Final Thoughts

TraderGuide is dedicated to cutting through the noise and delivering real, data-driven insights. We focus on the true cost of trading, ensuring that you get the best value broker for your trading needs.