What is FxBrokerRating Methodology?
Find a broker can feel overpowering. Fees, safety, platforms, products and service quality all matter – and comparing them is complicated. That’s why we at Fx Broker Rating built a transparent data-driven methodology that makes broker comparison simple, objective and safe.
Our approach combines 8+ years of testing and continuous improvement with close to hundred thousands of data points collected. Our dedicated team of more than ten professional analysts and editors researches broker’s services, fees and user experience to help you find the one that best fits your needs.
How does Fx Broker Rating calculate scores and rank brokers?
Fx Broker Rating ranks brokers through real-account testing and more than 500+ verified data points to ensure objective, data-driven scores.
Fx Broker Rating is an independent online broker comparison platform. We review top-tier regulated investment service providers worldwide, focusing on brokers, and evaluate them based on over 800+ data points across all major aspects of trading and investing.
Our research covers more than 100+ brokers and investment platforms, while our Scam Broker directory tracks more than 10,000 unregulated or risky entities. Altogether, our continuously updated database contains over 20,000 verified data points, and it grows every day.
Each broker is scored based on hands-on testing. We open real accounts, deposit our own money, trade through their platforms, and verify every claim with live experience. The result: data that’s accurate, comparable and unbiased.
What do Fx Broker Rating analysts check when reviewing a broker?
When reviewing a broker Fx Broker Rating analysts follow a compatible testing process that covers every key area, including pricing, platforms, and safety.
We review all brokers using the same organized data points so that our comparisons are completely independent and consistent. Every broker we feature is tested in practice:- our analysts open real accounts, deposit and withdraw funds, and use their trading platforms to experience the process as real customers.
How is the Fx Broker Rating methodology kept up to date?
Fx Broker Rating methodology is data-driven and based on industry best practices, but it’s constantly evolving as brokers and investor needs change. We refine it through new experiences, innovation, products, and direct user input.
Since 2022, we’ve conducted more than 120 surveys and 50 in-depth user interviews to keep our criteria aligned with what traders care about most.
How long does it take for Fx Broker Rating analysts to review a broker?
It takes our team roughly 7–10 days and about 60 working hours to research, write and double-check each review you see on Fx Broker Rating. We revisit and update all brokers several times per year to ensure data accuracy and freshness across the site.
Who are the analysts behind Fx Broker Rating?
Fx Broker Rating team of expert analysts combines global finance experience, academic expertise, and first-hand trading practice to ensure accurate, real-world insights.
Fxbrokerrating broker analyst team members, who put our methodology to daily use, come from different walks of life around the world but they are all committed to making sense of the brokerage world. Our experts bring their experience from the world of finance and have various experiences in trading, investing, brokerage and banking.
What are Fx Broker Rating values?
When evaluating brokers, Fx Broker Rating operates with complete independence, integrity, and transparency to ensure that every rating is based solely on data and hands-on testing.
Fx Broker Rating mission is to help people invest by finding the right broker for them. We built our methodology on these pillars:
- We are independent and operate with total integrity. Brokers or other financial service providers cannot influence our scoring by paying or pressuring us.
- Our website reviews all brokers based on the same methodology, and our ratings are unbiased.
- We work transparently to ensure our scores reflect only our analysts’ findings and are unaffected by our commercial agreements with the brokers.
- Our in-depth analysis is based on real experience: we open live accounts and test all products with our own money.
FAQs
Are the brokers on your website safe?
Yes, we only feature brokers that are regulated by at least one top-tier financial authority. We believe this is one of the most important aspects of safety. however, there are other factors that we check, like the legal background, investment protection services, and financial health of a given company – this will provide you even more detail on each broker’s safety.
How many people are working on broker research?
Our team of more than 15 expert analysts is working on researching brokers on a daily basis, including reviews, data and related content.
How much time is spent analyzing each broker?
It takes around 7-10 days to research a broker and approximately 60 working hours to test the broker and create its review.
How do you collect data?
We read and analyze the published fees, documentation of brokers, but we do test them if what they state is true, especially if there are spreads and other hidden fees. For safety data we also use official regulatory and other governmental databases. These sources are monitored and processed automatically, also verified manually before published.
What if I see an error or incorrect data on your site?
Even with our best works, we can’t guarantee that there is no wrong, outdated information on our site. If you happen to see anything that may be incorrect, please contact us.
What areas cover the biggest weight?
The main areas in Fx Broker Rating methodology are trading costs, and safety, in this order. In our expertise, an expensive or an unsafe broker are the 2 most important issues that can cost a lot of money for our readers, this is where you should be the most cautious.