How we rate brokers and prop firms

Last updated: 6 August 2026

We do not publish star ratings

Most comparison sites in this industry attach a score to each provider. We do not, for three reasons.

First, a single number implies that quality is one-dimensional. It is not. A broker that is excellent for an experienced trader in one jurisdiction may be unavailable or wholly unsuitable in another.

Second, scores in this industry correlate suspiciously well with commission rates. Once a number exists, it is very easy to nudge.

Third, unverifiable ratings are precisely what regulators and compliance teams look for when assessing whether a site is a genuine publisher. We would rather be explicit about who should avoid a provider.

What our reviews are based on

Every review is a research-based editorial review, compiled from the provider’s own documentation and terms of business, public regulatory registers, and recurring themes in publicly available user feedback on platforms such as Trustpilot, ForexPeaceArmy and trader forums.

We do not claim to have traded a live funded account with every provider. Where we have not, we do not imply that we have. This distinction is stated on every review page.

What we will never publish

• Fabricated testimonials, quotes or reviewer identities. Under the FTC’s Consumer Reviews and Testimonials Rule (16 CFR Part 465), fabricated or AI-generated testimonials are unlawful in the United States, and we regard them as dishonest everywhere.
• Invented performance figures, payout totals or trader success statistics.
• Paid rankings. No provider can buy a position, a favourable assessment, or the removal of a criticism.
• Provider-written copy presented as independent editorial.
• Marketing that omits or downplays the risk warnings required for leveraged products.
• Income claims, profit projections or any suggestion that trading outcomes are predictable.

How each review is structured

Identical every time, which is what makes comparison meaningful:

• Risk warning appropriate to the product type — regulatory warning for CFDs, evaluation warning for prop firms.
• Quick verdict, including an explicit “avoid it if”.
• What it offers, drawn from documentation.
• Who it suits, and who it does not.
• Costs and terms — the mechanics, not figures that will date.
• Trade-offs, strengths and risks side by side.
• Alternatives, with the condition under which each is better.
• FAQ and research note, with a last-verified date.

Why we publish no spreads, fees or splits

Spreads, commissions, evaluation fees and profit splits change frequently and vary by entity, account type, jurisdiction and promotion. Publishing a figure that is wrong in three months is worse than publishing none, because readers act on it.

We describe how each pricing model works — spread-based versus raw plus commission, one-time fee versus subscription, trailing versus static drawdown — because that structural understanding stays true. Every review links to the provider for live terms.

How affiliate relationships are managed

We earn commission when readers open accounts or buy evaluations through some of our links. This is disclosed at the top of every page containing such a link, before the reader encounters it.

Commission rates in this industry vary enormously between providers, which creates a real incentive we have to actively manage. Our controls:

• Reviews follow the same template whether or not a commission relationship exists.
• Risk warnings and limitations are never softened for commercial partners.
• Alternatives are listed even when they pay us nothing.
• We do not accept payment for inclusion, position or assessment.
• We review providers we earn nothing from, and keep reviews published when a relationship ends.

Corrections

Terms in this industry change faster than review pages. If a provider has changed its rules, fees or jurisdiction coverage, or we have simply got something wrong, tell us. We correct the page and update its verified date rather than editing silently.

Providers are welcome to request correction of factual errors. They cannot request removal of accurate criticism or of required risk warnings.

Contact: info@fxbrokerlab.com.

Who we are

FXBrokerLab (fxbrokerlab.com) is a financial research and comparison platform operated by Pixel Pulse (Proprietor: Sajid Yakheen), a sole proprietorship registered in India under GSTIN 27ABUPY6848D1ZR, Pune, Maharashtra. Contact: info@fxbrokerlab.com.

We are a publisher, not a broker, introducing broker, money manager or adviser. We hold no client funds and execute no trades.