How We Review Brokers & Prop Firms
Transparency is at the core of what we do. Here's exactly how we evaluate, rate, and rank brokers and prop trading firms.
Editorial Independence
Our reviews are conducted independently by our editorial team. While we may receive compensation from some brokers through affiliate partnerships, this never influences our ratings or rankings. Brokers cannot pay for higher ratings, and our editorial team operates separately from our business partnerships.
Our 6-Step Review Process
Research & Data Collection
We gather comprehensive data directly from broker websites, regulatory databases, and official documentation. This includes spreads, fees, platforms, and regulatory status.
Regulatory Verification
We verify each broker's regulatory status with authorities like FCA, ASIC, CySEC, and others. Regulation significantly impacts our trust scores.
Account Opening & Testing
Our team opens live accounts to test the actual trading experience, including deposit/withdrawal processes, execution speed, and customer support.
Quantitative Analysis
We analyze measurable factors: spread comparisons, fee structures, platform features, and instrument availability using standardized metrics.
Community Feedback
We aggregate and analyze user reviews from multiple sources, weighing recent feedback more heavily while filtering for authenticity.
Editorial Review
Our editorial team reviews all findings, ensures consistency, and assigns final ratings. All reviews are updated quarterly or when significant changes occur.
Rating Criteria & Weighting
| Criteria | Weight |
|---|---|
| Regulation & Trust | 25% |
| Trading Costs | 20% |
| Platform & Tools | 20% |
| Account Options | 15% |
| Customer Support | 10% |
| Education & Research | 10% |
Review Updates
We update our reviews regularly to ensure accuracy:
- Quarterly reviews - Full re-evaluation of all major brokers
- Immediate updates - When regulatory status changes or major issues arise
- User feedback - We investigate and verify reported issues
Have questions about our methodology or want to report an error?
Contact our editorial team