Brokers Criteria

Legal:
Licenses: Offshore or Onshore, Regulatory Level*

Brand:
Partnership: Scale of partner
Experience: Long vs Short

CRM environment:
Minimum deposit: Low vs High
Minimum withdrawal: Low vs High
Funding time: Slow vs Fast
Payment method: Wire, Crypto, Credit Card, Domestic
KYC requirement: Easy vs Hard*
Segregation fund: Segregated vs non-segregated*

Promotion program:
Bonus program: Availability
Cashback: Availability
VPS: Supportability
PL program: For IB vs Not Available*

Trading environment:
Account type: Single vs Multiple*
Trading platform: Single vs Multiple*
Booking system: A Book vs B Book*
Spread: Low vs High
Latency: Low vs High*

Why It Matter ?

Legal:
Licenses: Low-Regulated Offshore

CRM environment:
Payment method: Only Crypto or Credit Card
KYC requirement: Easy vs Hard
Segregation fund: Segregated vs non-segregated

Trading environment:
Account type: Single
Trading platform: Single
Booking system: Only B Book
Latency: High

Promotion program:
PL program: For IB

Below are the key criteria commonly used to assess the trustworthiness of financial brokers.

Not all criteria are equally important when identifying potential scam brokers. Refer to the list below for the most relevant indicators.

Scam Brokers

Scam brokers operate with a built-in conflict of interest — when retail traders win, they lose. As a result, they may manipulate the trading environment to exploit your market exposure. Worse still, even if you manage to profit, there’s a high chance you won’t be able to withdraw your funds.

Forex Equity Brokers

MH Markets

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Legitimate brokers

Doo Prime

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GTC FX

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Crypto Brokers

OKX

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Audited Brokers

Binance

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Bitget

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Proprietary Firm

Rising Prop Firm

DP Funded

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Bulenox

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