FX Recap FAQs: Reviews, Ratings, Affiliates and Trading Questions Answered

FX Recap is an independent forex media platform founded in 2025. We publish broker reviews, market and broker news, regulatory updates, free trading tools and educational guides for currency traders worldwide. Our aim is to bring transparency to the forex industry and present verified findings in clear, honest language.

Retail forex traders at every level: beginners who need the basics explained clearly, experienced traders comparing brokers and costs, and anyone who wants to check a broker's regulation before opening an account.

A small in-house team: a writer who researches and drafts each guide, a forex and crypto analyst who adds market analysis, a fact-checker and risk analyst, our co-founder, a forex trader, who reviews each guide, and our founder and owner, who signs off every one. Each guide names all five. Meet them on the About page.

Broker reviews and comparisons, market and broker news, regulatory updates, bonus and promotion guides, country guides, free calculators and tools, and a structured forex course for beginners.

No. FX Recap is a media and education platform, not a financial services provider. We do not manage funds, execute trades or give personal financial advice, and we disclose all commercial relationships.

Yes. Every article, review, quiz and tool is free, with no account or sign-up needed. The site is funded by affiliate commissions and clearly labelled advertising.

We open real accounts to test execution, spreads, slippage and withdrawals; verify licences directly with the FCA, ASIC, CySEC and other regulators; calculate total trading costs including spreads, commissions, swaps and hidden charges; and test platforms on desktop and mobile. The full process is on our methodology page.

Ten weighted parameters, led by Regulation & Safety (20%), User Satisfaction (15%) and Commissions & Fees (13%). Each is scored independently and combined into a total out of 100.

A broker holding a valid licence from a recognised authority such as the FCA (UK), ASIC (Australia), CySEC (Cyprus) or FSCA (South Africa). Regulated brokers must segregate client funds, execute fairly and report their finances. Always check the licence on the regulator's own website before depositing.

Find the licence number and company name in the broker's website footer, then search the regulator's public register for that exact company. Check the website address listed matches, since clone firms copy real licence numbers.

Reviews are refreshed every quarter and whenever something material changes: regulation, platforms, trading conditions or a shift in customer feedback. Each review shows its last-updated date.

Regulatory status of the entity you would join, total trading costs, platforms, deposit and withdrawal options, and support. Our comparison tool puts brokers side by side.

Sometimes, for information, but their regulatory status and risks are always flagged, and offshore-only brokers cannot score above 55 out of 100. We recommend trading with brokers regulated by top-tier authorities.

Warning signs include guaranteed returns, pressure to deposit quickly, no verifiable licence and withdrawal refusals. Check our scam broker blacklist and the regulator's warning list before sending money.

FX Recap partners with regulated brokers and may earn a commission when you open an account through our links. We say so on every relevant page. Affiliate relationships do not decide ratings: every broker, affiliated or not, is scored with the same method, and a poor broker gets a poor rating regardless of any commercial arrangement.

On the Affiliate Disclosure page. Disclosure notices also appear on review pages where an affiliate relationship exists.

A range of regulated forex brokers. Affiliated brokers carry a disclosure notice on their review pages. Affiliation does not guarantee a positive review; all brokers are assessed on identical criteria.

No. The commission is paid by the broker, not by you. Spreads, fees and trading conditions are the same if you arrive through our link or go direct.

Forex trading carries significant risk and most retail traders lose money. It can be done responsibly with a regulated broker and proper risk management, but it is never risk-free. Learn first, practise on a demo account, use only money you can afford to lose and trade with a well-regulated broker.

A practice account with virtual money and real market prices. It lets you test strategies and learn a platform without risking capital. Most regulated brokers offer one free; see our demo account guide.

No. FX Recap does not provide signals, investment advice or recommendations to buy or sell. For personal guidance, speak to a licensed financial adviser.

Start with our free Learn Forex course: 25 lessons in six stages, from what forex is to choosing a broker, in plain language. Test yourself with the forex quizzes.

Market and broker news is on the blog, and live prices are on the live rates page and the economic calendar.

Calculators for position size, pips, margin, swaps, drawdown, compounding and more, plus market hours, a currency strength meter and correlation tables. All are listed in the tools directory.

Every article goes through source verification, fact-checking, context analysis and editorial review. Claims are checked against regulatory filings, central bank statements and verified broker data. We avoid speculation and do not publish content designed to push trading decisions.

Editorial decisions are made by the editorial team alone. No broker, advertiser or partner influences coverage, ratings or conclusions. Commercial relationships are managed separately and always disclosed.

Contact us with the article link and the specific error. We review every report and correct confirmed errors promptly, updating the page date.

Short excerpts may be shared with attribution and a link to the original. Full republication needs our written permission. Our free tools can be embedded on your own site from the widgets page.

No. There are no accounts or logins. You can read everything and use every tool anonymously.

Anonymous usage statistics through Google Analytics, and anything you choose to send us by email. Full details are in our privacy policy.

Yes, for analytics and for affiliate links to work. You can control them in your browser; see the cookie policy.

Experienced traders, financial professionals and industry experts are welcome to pitch. Send your background, writing samples and topic ideas. All contributors follow our editorial standards and disclosure rules.

We hire writers, analysts, editors and digital marketing specialists from time to time. See current openings on the Careers page or send an open application.

Brokers cannot pay for a feature or a positive rating. Reviews are chosen by relevance and reader demand. Regulated brokers may contact us with their credentials, but inclusion and ratings stay at our editorial discretion. For labelled advertising, see Partner With Us.