Change

Change is a brokerage registered in Estonia, with its official domain at changeinvest.com. According to FXCanary's records, the company was founded on 12 January 2024, though the broker's own marketing materials suggest a longer history dating back to 2010. The registered address is Tartu mnt 25, Tallinn, Estonia 10117.

The broker presents itself as a multi-asset platform for both investing and trading, targeting retail clients across Europe. It claims over 135,000 verified users and more than €2 billion in volume traded. However, FXCanary's regulatory checks indicate that Change holds no valid regulatory licences from any recognised financial authority.

Our review found that Change is not regulated by any financial supervisory body. The broker's website includes statements such as 'EU Regulated Crypto Exchange Since 2018', but we could not verify any current licence from a regulator like the Estonian Financial Supervision Authority (FSA) or any other EU regulator. This absence of regulation is a critical factor for traders to consider, as it means there is no external oversight of the broker's operations or client fund protection.

Without regulation, clients may not have access to compensation schemes or dispute resolution mechanisms typically offered by regulated brokers. FXCanary's Scam Risk Score for Change is 46 out of 100, classified as 'Guarded', reflecting the elevated risk associated with trading through an unregulated entity.

Change offers a wide range of trading instruments, including CFDs on stocks, forex, indices, and commodities, as well as spot cryptocurrency trading. The broker's platform supports over 500 tradeable assets, with a focus on US and global equities, major forex pairs, popular indices, and commodities like gold and oil. Cryptocurrency offerings include Bitcoin and 70+ altcoins.

The broker provides two trading platforms: its own proprietary app and MetaTrader 5. Both platforms are designed for retail traders, with MT5 offering advanced charting and automated trading via Expert Advisors. Leverage is available up to 30x on forex, with lower limits on other assets, in line with ESMA guidelines.

Change advertises low and transparent fees. For cryptocurrency trading, Bitcoin purchases are commission-free, while altcoins incur a 0.1% fee. CFD trading is commission-free, with the broker earning through spreads and overnight financing charges. The average spreads claimed for forex are 0.03%, for indices 0.08%, and for commodities 0.22% to 0.29%.

Deposit fees are generally absent for bank transfers and card payments, though there is a 0.7% fee on card deposits after €2,000 cumulative. Withdrawals cost €1 for EUR bank transfers, with other methods potentially higher. An inactivity fee of €10 per month applies after a period of no trading.

Opening an account with Change requires a minimum deposit of €10. The broker states that deposits are instant and can be made via bank transfer, credit/debit card, Google Pay, or Apple Pay. The platform is available as a mobile app for iOS and Android, as well as via web browser.

The broker does not provide information on multiple account tiers or types on its public website. It appears to offer a single account type suitable for both investing and CFD trading. Clients are expected to verify their identity as part of the account opening process.

Change positions itself as an all-in-one platform for both beginner and experienced traders. Its low minimum deposit and user-friendly app appeal to retail investors looking to start small. The availability of leverage and CFDs also attracts more active traders seeking short-term opportunities.

However, the lack of regulatory oversight means that Change is not suitable for traders who prioritise security and regulatory protection. The broker's social media presence on Facebook, Instagram, LinkedIn, and YouTube suggests an active marketing effort to build a community of users.