Affiliate Disclosure
PipTax is free to use. This page explains exactly how we make money — and exactly what that money can and cannot influence.
How we earn
When you open an account with a broker through a link on PipTax, that broker may pay us a commission. That is our revenue. Using our links does not change the published pricing available to you — we compare the same published rates whether or not you arrive through our link.
What that money can never touch
Our rankings are computed from cost data only: published spreads, commissions and swap rates (with live-measured figures launching soon). The code that ranks brokers has no access to affiliate data — it cannot see which brokers pay us, or how much. That is a deliberate technical wall, not just a policy statement. A broker cannot buy a better position, and we cannot sell one.
We also list and rank brokers we have no partnership with. If a non-partner broker comes out cheapest for your trade, that is the result you will see — even though it earns us nothing.
How we mark affiliate links
Every affiliate link on PipTax is labelled. Where a result includes a partner link, a clear disclosure line sits alongside it — for example: "We may earn a fee if you open an account via this link." If there is no label, there is no relationship.
Why we work this way
A cost comparison is only worth anything if you can trust the numbers. The moment payment shapes a ranking, the product is worthless — first to you, then quickly to us. We believe disclosed affiliation, paired with rankings that money cannot reach, is the only model that survives contact with informed traders. Our incentive is simple: be accurate enough that you come back.
Quick questions
- Does a broker paying you change my result? No. Rankings and calculator outputs are computed from cost data alone, and the ranking code cannot read affiliate data.
- Do you sell my data? No. We do not sell or share your personal data — see our Privacy Policy.
- Do you give investment advice? No. PipTax covers trading costs and mechanics only. Nothing on this site is a recommendation to trade or advice to use any product.
PipTax is operated by Evander Labs. Questions about this policy: hello@piptax.com.
Trading CFDs is high-risk, and most retail accounts lose money. Nothing on PipTax is investment advice or a promise of profit.