Fx Broker Reviews Methodology

 

Fx Broker Reviews is an online forex broker reviews platform. We focus on reviewing the leading forex brokers within the financial industry by including all the most critical aspects. Our priority is to provide you with accurate information and ultimately help you find the Forex Broker that will suit your personal requirements.

We review each Forex Broker based on the exact same criteria to evaluate all the necessary aspects of each company perfectly.

 

Evaluation Formula

We evaluate eleven critical aspects of each Forex Broker.

 

Reviewed AspectExplanation of Importance
FeesWe gather all the fees on all the asset types available: trading fees, non-trading fees, deposit, and withdrawal-related fees, and challenge fees. We collect the data from the provider’s site, and from customer support, and we also trade with them to check if the information is valid.
Account OpeningWe open real accounts with forex brokers and check how easy the process is, what account types are available, and what the cost of the accounts is. We also list the documents you will need to complete the process.
Deposit & WithdrawalWe make sure you are aware of the costs, the different methods, and the time it takes to purchase an account and withdraw your money from each forex broker. We do this by creating an account and withdrawing from the provider with our own money.
Web Trading PlatformWe test their web trading platform, focusing on the user experience and specific features like placing orders, authentication options, and customizability.
Mobile Trading PlatformWe test their mobile trading platform, focusing on the user experience and specific features like placing orders, authentication options, and customizability.
Desktop Trading PlatformWe test their mobile trading platform, focusing on the user experience and specific features like placing orders, authentication options, and customizability.
Markets & ProductsWe check the number of markets the forex broker gives you access to, and the products they offer. A broker that has more product types will get a higher score.
ResearchWe check the research tools each forex broker provides, and we look for in-depth, unique, and useful tools that give you information on market sentiment, trends, tickers, and companies.
Customer ServiceEach customer support channel is tested personally through numerous interactions at different times, be it live chat, email, or phone.
EducationWe meticulously evaluate the educational offerings of each forex broker as a crucial aspect of our assessment. This includes scrutinizing the quality and accessibility of educational materials, training programs, and resources for traders. The significance lies in empowering traders with the knowledge and skills needed to navigate financial market complexities.
SafetyWe check every forex broker’s legal background by confirming if they are a registered company. Our primary focus is on the best forex brokers. Safety also indicates what additional layers there are to ensure that working with each particular forex broker is safe. Some important aspects that are included are 2FA, KYC software, and email confirmation.

Our values

Fx Broker Reviews’ primary mission is to provide assistance to traders who are looking to find a reliable Forex Broker. Our review process is built on the following aspects:

    • We are a self-standing entity committed to conducting operations with utmost integrity. Our rating remains uninfluenced by any forex broker company.

    • Our evaluation of forex broker companies revolves around the same criteria, delivering entirely impartial reviews of the industry’s most dependable forex brokers.

    • Our emphasis is on transparency, ensuring that our ratings stem exclusively from our firsthand encounters with the forex brokers under review.

    • As mentioned earlier, our comprehensive reviews stem from the firsthand experiences of our analysts, indicating that each review is shaped through actual trading with every individual forex broker company.

 

We are eager to hear your feedback! Let us know if you have questions or remarks about our reviewing

methodology. Get in touch at support@fxbrokerreviews.com.