- Regulation
- CySEC 125/10, FCA 585561, FSCA FSP 45276, BVI FSC SIBA/L/24/1175
- Markets
- Currencies, Indices, Commodities, Share CFDs, ETFs, Crypto
Independent broker research
Broker reviews and comparisons, built on one published methodology
We examine regulation, costs, risk disclosures, customer support and education for every broker using the same weighted criteria. Brands commercially related to the publisher are marked.
- 26brokers reviewed
- 6weighted scoring categories
- 0affiliate or registration links
Highest Rated Brokers
Our reviews examine regulation, pricing, account features, customer support and publicly available company information using a consistent evaluation framework. These are the highest scoring reviews; the full list can be filtered and sorted.
- Regulation
- TOB Trading Ltd, FSA Seychelles SD172
- Markets
- Currencies, Indices, Commodities, Share CFDs, Crypto
- Regulation
- Tradeco Ltd, FSA Seychelles SD029
- Markets
- Currencies, Indices, Commodities, Share CFDs
- Regulation
- FCA 793714, CySEC 319/17 and 463/25, ASIC AFSL 513393, SCB SIA-F245
- Markets
- Currencies, Indices, Commodities, Share CFDs, ETFs, Crypto, Bonds
- Regulation
- Notesco I Limited, Marshall Islands registration 120910; no financial regulator
- Markets
- Currencies, Indices, Commodities, Share CFDs, Crypto
- Regulation
- SEC/CFTC, FINRA member (US); FCA FRN 208159; CBI C423427; ASIC AFSL 453554
- Markets
- Currencies, Indices, Commodities, Share CFDs, Real shares, ETFs, Crypto, Bonds
Scores for brands the publisher operates are set by the publisher rather than calculated with our methodology, and each of those reviews says so. Every other score comes from our published rubric. CFDs and other leveraged products carry a high risk of losing money rapidly because of leverage, and a majority of retail investor accounts lose money when trading CFDs. A high editorial score reflects disclosure and service quality. It does not make trading safe.
Broker comparisons
Compare two brokers side by side
Choose two brokers to see their scores in every category, regulation by region and the strengths and limitations from each review.
Brokers by Region
The legal entity, services and regulation that apply to a reader depend on where they live. Choose a region to see the broker entities that serve it.
How We Score Brokers
Every broker is assessed using the same documented criteria. Scores are based on publicly available information, direct product research and clearly identified sources.
Any change to the methodology applies to all brokers and is recorded publicly in the change log.
29%
Regulation and transparency
23%
Costs and fee disclosure
18%
Risk and consumer information
12%
Customer support
12%
Education and research
6%
Website and user experience
News
Market news and analysis on central banks, currencies, commodities and indices. Analysis is general market commentary, not personalised investment advice.
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Academy
Educational guides that explain how markets and trading products work, including their material risks. Trading is not a reliable source of income.
01 · Consumer
Recognising Misleading Financial Advertising
Common patterns in promotions that overstate returns or hide risk.
02 · Consumer
How to Check Whether a Broker Is Regulated
Using official registers to verify authorisation claims.
03 · Costs
How Trading Costs and Commissions Work
The real cost of a trade, and how pricing models differ.
04 · Risk
Understanding Leverage and Margin
Why leverage magnifies losses as well as gains, with worked examples.
05 · Foundations
What CFDs Are, and What They Are Not
How contracts for difference work, and the risks they carry.
06 · Foundations
How Currency Markets Work
Participants, trading sessions and what actually moves exchange rates.