How We Rate Brokers
Every broker on BrokersSelect is scored using our 100-point system — a weighted framework built on hands-on testing, not marketing copy or broker-provided data.
Our 100-point scoring system distributes points across 8 categories, each weighted to reflect its real-world importance to traders. Regulation and safety carry the most weight because no broker is worth using if it is not properly licensed and client funds are not protected. Fees come second because trading costs compound over time and have a direct impact on profitability. Every other category is scored using evidence gathered through our own testing process.
Scoring Categories & Weightings
Our Testing Process
We do not rely on broker-supplied data. Every review is produced through a structured five-step testing cycle.
Account Opening
We register a real account with each broker, document the KYC process, measure onboarding time, and note any friction or unclear requirements.
Live Trades
We deposit real funds and execute trades across multiple instruments — forex majors, indices, and commodities — recording actual spreads, slippage, and execution speed.
Support Test
We contact customer support via live chat, email, and phone during different hours, asking both simple and complex questions and scoring response accuracy and speed.
Withdrawal Test
We request at least one real withdrawal per broker and document processing time, any fees charged, and the ease of the overall process.
Platform Audit
We assess MT4, MT5, and any proprietary platforms on desktop and mobile — evaluating charting tools, order types, stability, and overall trading workflow.
See the full review process
Read our step-by-step walkthrough of how we test and publish every broker review.