1. Core Principles of Independent Testing
Our methodology is built on three pillars to ensure unbiased, actionable results:
- Real-Money Execution: All performance data comes from live trading accounts. Demo or backtest results are explicitly ignored.
- Full Transparency: We clearly state the testing period, starting capital, broker, and any known red flags.
- Zero Conflict of Interest: Our ratings are never influenced by affiliate commissions. We expose scams regardless of potential revenue.
2. Broker Testing Protocol (89 Brokers)
Each broker undergoes a rigorous, multi-month evaluation process:
2.1 Trust and Regulation (25% Weight)
- License Verification: We check the official registers of FCA, ASIC, CySEC, NFA, etc., to confirm the license is ACTIVE (not suspended or revoked).
- Tier Assessment: We score brokers based on Tier-1 (highest safety), Tier-2, and Tier-3 (offshore/minimal protection) jurisdictions.
- Fund Integrity: Verification of segregated client funds and compensation scheme coverage (e.g., FSCS/ICF).
2.2 Trading Costs and Execution (45% Weight)
- Spreads & Commissions: We record live spreads on EUR/USD, indices, and Gold during peak (London/NY) and off-peak hours.
- True Cost Calculation: Comparing the total cost (`Spread + Commission`) to expose "Zero Commission" models with hidden markup.
- Execution Speed & Slippage: Measuring median fill time, requotes, and slippage using institutional metrics (~100 trades per test).
- Withdrawal Integrity (15%): Timely processing and absence of hidden fees or withdrawal resistance.
2.3 Usability and Support (30% Weight)
- Platform Suite: Evaluation of MT4, MT5, cTrader, and proprietary platforms.
- Customer Support: Testing response time, technical knowledge, and professionalism (24/7 or 24/5 access).
- Non-Trading Fees: Checking for inactivity fees, deposit/withdrawal fees, and hidden conversion costs.
3. Expert Advisor (EA) Testing Protocol
We run top EAs on a dedicated Virtual Private Server (VPS) for a minimum of 12-18 months.
3.1 Scoring Criteria (Live Forward Test)
- Return (30%): Total compounded percentage gain.
- Max Drawdown (25%): The most critical risk metric.
- Consistency (20%): Percentage of profitable months and smoothness of the equity curve.
- Strategy Integrity: EAs using Martingale or Grid techniques are immediately flagged as high-risk/scam.
4. Final Trust Score (1.0 to 10.0)
Our final Trust Score synthesizes all weighted criteria to provide an objective assessment:
- 9.0 - 10.0 (Excellent): Highly recommended. Tier-1 regulation, lowest cost, fast execution.
- 8.0 - 8.9 (Very Good): Solid choice. Minor drawbacks in cost or platform.
- 7.0 - 7.9 (Average): Acceptable but high costs or weak regulatory entity.
- 6.0 - 6.9 (Below Average): Use extreme caution. High cost/risk, limited competitive edge.
- 5.9 and Below (Scam/Fraud): Avoid immediately. Documented fraud or license revocation.