Key Areas of Broker Evaluation
We assess brokers across key areas, each of which directly affects the safety, convenience, and potential profitability of your trading.
Official Regulators
We verify the presence of licenses from leading financial regulators to ensure the safety of your investments.
💰 Fees and Commissions
We analyze trading commissions across all asset types, additional fees, and verify that the stated terms match reality through test trades.
- Trading commissions for stocks, forex, and cryptocurrencies.
- Additional fees for inactivity and transactions.
- Verification of real conditions through test trades
🛡 Security and Regulation
We check for the presence of licenses from recognized regulators, investor fund protection measures, and additional security measures.
- Licenses from the FCA, ASIC, BaFin, and other regulators
- Protection of investor funds
- Segregation of client funds and audit
💳 Deposits and Withdrawals
We evaluate the available payment methods, processing speed, and the ease of financial transactions.
- Variety of payment methods
- Fees and processing times
- Ease of withdrawals
📈 Trading Platform
We test the functionality, stability, and ease of use of the trading platform.
- Interface usability and stability
- Technical analysis tools
- Security and mobile access
🧾 Account Opening
We go through the entire registration process to evaluate the simplicity and transparency of the terms.
- Registration and verification process
- Required documents
- Minimum deposit requirements
🌍 Markets and Instruments
We explore the variety of available trading instruments and the terms for different asset classes.
- Stocks, ETFs, cryptocurrencies, options
- Access to international markets
- Trading conditions for different assets
📞 Customer Support
We test the quality and speed of support through all available communication channels.
- Testing all communication channels
- Assessment of response speed and quality
- Multilingual support
🎓 Educational Materials
We evaluate the quality and accessibility of educational materials for traders.
- Video tutorials and webinars
- Quality and relevance of materials
- Materials for different levels
🔍 Research and Analytics
We check the available analysis tools and the quality of analytical materials.
- Technical and fundamental analysis
- Market overviews and news
- Research tools
ℹ️ General Information
We collect and verify basic information about the broker and its reputation.
- Company history and registration
- Industry reputation
- Real client experience
Conclusion
Verifying a broker isn’t just about checking for a license on the website. It’s a comprehensive process that includes legal verification, platform testing, review of deposit and withdrawal terms, and analysis of client experience.
Choose brokers that demonstrate transparency, stability, and are regulated by reputable authorities. If you’re planning serious investments, don’t rush—use this checklist to mitigate risks and select a platform that works in your best interests.