Broker Reviews

How to read the columns

The Regulation cell starts with the legal entity name, then lists regulator abbreviations such as FCA, CySEC, ASIC or FSA-SC. A brand can hold several licences through different companies, and the one that serves you depends on where you live. Where a row also shows “unregulated”, part of the brand’s offer sits outside a licence. The review explains which part. Min deposit is tied to a named account type, because the same broker can ask for different amounts on different accounts. The EUR/USD column shows the spread plus any commission as the broker publishes it. All-in cost folds both into pips, so “0.0 pips + $3.50 per lot per side” appears as 0.70 pips. An empty cost cell means we did not find a published figure. For wider spread comparisons, see our spreads data.

How the score is built

The broker score runs from 0 to 10 and is computed by code from recorded data. Editors do not adjust it by hand. Regulation carries 35%, with licences weighted by regulator tier and regulator warnings subtracted. Trustpilot reputation counts for 20%, years in business 15%, client protection 10% (segregated money, negative balance protection, compensation scheme), number of platforms 10% and EUR/USD spread 10%. A missing input counts as neutral, never as zero, and the review states that the figure was not found. The row numbers on this page are not a ranking, so compare the Score column directly or use a ranked list such as our best forex brokers. The full weighting is in our methodology. No brand can pay for a review, a score or a position.

Where the data comes from

We open each broker’s official site in a real browser from a server in Tallinn, Estonia, at desktop and phone sizes, and keep the page text and screenshots. A language model pulls out each fee or rule along with an exact quote, and code keeps the fact only if that quote appears word for word in the captured text. Licence claims are searched in the regulator’s own register, with a screenshot of each step. Reviews with a recorded check include a “How we checked” section and show the date of that check. We do not open accounts, deposit or trade. Prices change, so confirm them on the broker’s site. To test a specific licence claim, use our safety check, and to put two brands next to each other, use compare.