How We Test Forex Brokers

We evaluate every broker against two independent criteria: trust score and legal simplicity. Together they show how safe a broker is likely to be and how much friction you will face using it.

Trust score

Trust score reflects how legitimate and stable a broker is. We look at:

• Licensing for brokerage activity
• Legal registration
• Client feedback
• Reliability of data and liquidity providers
• How long the broker has been operating

Legal simplicity

Legal simplicity measures how far a broker goes in verifying and controlling its clients, and how that affects the trading process. We look at:

• KYC/AML verification requirements
• Tax control
• Deposit and withdrawal methods
• Withdrawal speed

A more heavily regulated broker generally means more paperwork and a slower process — but regulation alone does not guarantee your funds are safe. Even well-regulated brokers have frozen client funds on national grounds when a political situation demanded it, and no broker can guarantee your country will stay clear of similar restrictions in the future.

We aim to keep our broker reviews objective, but the final choice depends on your own requirements and risk tolerance.