Affiliate Disclosure

Independent publisher. BrokerGrove is an independent publisher and is not affiliated with, endorsed by, or operated by any trading platform reviewed on this site, including Quotex. Brand names are referenced for identification, review, comparison, and consumer-information purposes.
BrokerGrove Editorial Team
Published: Last updated:
How we review

BrokerGrove earns money when you open an account on some of the platforms we review through links on this site. This page explains exactly which platforms pay us, which don't, and why it doesn't change what we write.


The Short Version

Some links on BrokerGrove are affiliate links. When you click one, register, and trade with real money, the platform pays us a commission from its revenue. You pay nothing extra — the platform terms, deposit minimums, and payout rates are identical whether you register through us or go directly.

Our current status with every platform covered on this site:

Platform Relationship
Stockity Affiliate partner (revenue share)
Pocket Option Affiliate partner (revenue share)
Binomo Affiliate partner (revenue share)
Deriv Affiliate partner (revenue share)
Exnova Affiliate partner (revenue share)
IQ Option Affiliate partner (revenue share)
Quotex No affiliate relationship — Quotex pays us nothing
Olymp Trade No affiliate relationship

In addition, some payment guides contain referral links to cryptocurrency exchanges (such as Binance, Bybit or OKX), and our affiliate programs guide contains referral links to platforms' partner programs — if you sign up through those, we may earn a referral commission there too.


How the Commission Works

Our partners run revenue-share affiliate programs. We earn a percentage of the net revenue a platform generates from traders who registered through our links. We do not earn a flat fee per registration, and we earn nothing if a referred trader doesn't fund their account and trade.


What This Means for Our Quotex Coverage

A significant part of this site covers Quotex — reviews, legality pages, payment guides. We earn nothing from any of it, because we have no commercial relationship with Quotex.

Where our Quotex pages point readers toward alternatives, those alternatives include platforms that do pay us commissions. That is a financial interest, and we flag it the same way we flag every other affiliate link on this site.


What We Disclose, and Where

What Where
Affiliate link marking Commercial "Visit" buttons carry a sponsored link attribute; platforms we have no partnership with get no commercial buttons
Affiliate relationship statement In the footer of every page and on this page
Independent-publisher notice On every page — we are not affiliated with, endorsed by, or operated by any platform we review
Risk warning Adjacent to every CTA where a reader might consider depositing

Does This Affect Our Reviews?

No — and you can check that claim against the pages themselves. Our Binomo review notes that Binomo appears on India's RBI Alert List and was blocked by Indonesia's Bappebti in 2022; Binomo is a partner. Our Exnova pages flag that Exnova discloses no regulator and no licence number; Exnova is a partner. No platform can pay to change how we describe it, remove negative content, or buy a better rating.

We would earn more money if we downplayed risks and published uncritical promotional content. We don't do that, because readers who feel misled don't trust us — and a site nobody trusts doesn't generate referrals anyway. Transparency is both the ethical choice and the commercial one.


What Affiliate Earnings Fund

Running this site costs money: domains and hosting, verification work behind our research datasets, and the time spent researching, writing, and updating content as platforms change. Affiliate commissions are how BrokerGrove stays online and keeps producing current information.


FTC and General Disclosure Compliance

This disclosure follows general affiliate disclosure standards, including the FTC's guidelines on material connections (16 CFR Part 255). We disclose our affiliate relationships clearly on every page that contains an affiliate link — not buried in a footer, not hidden behind a policy page.

If you have questions about how we handle affiliate relationships or how they interact with our editorial process, write to us: contact@brokergrove.com

See also: How We Review — our methodology for evaluating trading platforms.