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traderpublic Ratings · August 2026

Broker Ratings — What We Measure, and What We Have Not Measured Yet

Compiled by the traderpublic research deskUpdated: August 12, 2026

Choosing a broker usually means hours of cross-checking licences, spread tables and withdrawal policies written to be skimmed rather than understood. A ratings page is supposed to do that work once so you do not have to do it six times.

This page publishes real records only: hub-published broker reviews with their verification trail, and desk-checked profiles whose facts were traced to official sources. No editorial score exists yet, so nothing here is ranked — the method a ranking will be built from is published below.

Our broker ranking

Ordered by the number of desk-verified licences — a count of checks, not a quality score.

Every figure below comes from traderpublic's published desk-checked records. Data is checked on the date shown, not in real time.

Capital.com

Record updated 2026-09-02

2Licences verified

Desk highlights

  • The broker is authorised by the Financial Conduct Authority in the United Kingdom, with licence number 793714 recorded as authorised.
  • The broker is authorised by CySEC in Cyprus, with licence number 319/17 recorded as authorised.
4.3 out of 5
  • Licence and oversight5 / 5
  • What you can trade4 / 5
  • Desktop and web platform4 / 5
Read the full record

FxPro Global Markets Limited

Record updated 2026-09-02

2Licences verified

Desk highlights

  • The broker is authorised by the Financial Conduct Authority, the UK regulator for financial services firms, under licence number 509956, listed as authorised.
  • The broker is authorised by CySEC, the Cyprus Securities and Exchange Commission for investment firms, under licence number 078/07, listed as authorised.
4.7 out of 5
  • Licence and oversight5 / 5
  • What you can trade4 / 5
  • Desktop and web platform5 / 5
Read the full record

HF Markets (SV) Ltd

Record updated 2026-09-02

2Licences verified

Desk highlights

  • The broker is authorised by the FCA, the UK regulator for financial services firms, with licence number 801701.
  • The broker is authorised by CySEC, the Cyprus regulator for investment firms, with licence number 183/12.
4.3 out of 5
  • Licence and oversight5 / 5
  • What you can trade4 / 5
  • Desktop and web platform4 / 5
Read the full record

Admirals

Record updated 2026-09-02

1Licences verified

Desk highlights

  • The broker is authorised by CySEC, the Cyprus regulator for investment firms, under licence number 201/13.
  • The CySEC record for this licence was checked on 2 September 2026 and shows the status as authorised.
4 out of 5
  • Licence and oversight4 / 5
  • What you can trade4 / 5
  • Desktop and web platform4 / 5
Read the full record

Exness

Record updated 2026-08-30

1Licences verified

Desk highlights

  • The broker holds an authorised licence with the Cyprus Securities and Exchange Commission (CySEC), licence number 178/12.
No score publishedRead the full record

IC Markets

Record updated 2026-08-30

1Licences verified

Desk highlights

  • The broker is authorised by CySEC in Cyprus under licence number 362/18.
No score publishedRead the full record

TF Global Markets (STL) Limited

Record updated 2026-09-02

1Licences verified

Desk highlights

  • Authorised by CySEC, the Cyprus Securities and Exchange Commission, under licence number 215/13.
  • This authorisation carried the status "authorised" when checked on 2 September 2026.
4.3 out of 5
  • Licence and oversight4 / 5
  • What you can trade5 / 5
  • Desktop and web platform4 / 5
Read the full record

How a traderpublic rating will be built

Six inputs, weighted — none of them applied to a real firm yet

01

Regulation and safety

Each supervising authority will be weighted by the strength of its client-money rules, and the licence checked against the regulator's own register — including whether it covers retail clients where we publish.

02

Total cost of trading

Spreads will be sampled four times a day across a month, then combined with commissions, swaps and non-trading fees into one cost figure per standard lot.

03

Platforms and tools

Each platform will be opened and traded on before it is scored, on charting depth, order types, automation support, uptime, and how much of it costs extra.

04

Deposits and withdrawals

Withdrawal requests will be timed end to end, every fee recorded, and the stated processing window compared with what actually happened.

05

Trader feedback

Feedback will count only once the account behind it is confirmed, and will be grouped by theme so one loud complaint cannot move a score by itself.

06

Support and education

Support queues will be tested anonymously at three times of day, and teaching material graded on whether it is correct, not on how much of it there is.

No broker has been through this process. It is published as a commitment about what a score here would have to mean, not as a description of work already done.

Frequently asked questions

Starting with the one this page invites

Why is there no editorial ranking on a page called Broker Ratings?

Because a ranking needs scored records, and no broker has been through our rating process yet. The profiles listed here are desk-checked facts and hub-published records — real, but unscored — so nothing is ordered until a score exists to order by.

Are the brokers shown on this page real companies?

Yes. Every profile here is either desk-checked — each claim traced to the broker's official site or a regulator's register on the date shown — or published from our research hub with its verification trail. The invented demo profiles that once illustrated this page have been retired.

Then how should I actually choose a broker?

Start where nobody can edit the answer: the register published by the regulator in your own country. Search the firm's legal name, confirm the licence is live and covers retail clients like you, and only then look at costs. A comparison table — including one that looks like ours — is a shortcut to reading, never a substitute for it.

Is a lower spread always the better deal?

Not on its own. A raw-spread account with a per-lot commission can cost more than a wider all-in spread if you trade small volume. Compare the total cost of a round turn at the position size you actually use, rather than the headline number.

Does a higher maximum leverage mean a better broker?

No. Leverage multiplies a loss exactly as fast as a gain, and a cap is a protection rather than a missing feature. Any rating that treats a bigger number as a better one is measuring the wrong thing.

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Check the licence at the source

Every regulator publishes a searchable register. Find the firm's legal name in it, confirm the licence is live, and read what it actually permits.

Editorial note. traderpublic publishes desk-checked facts and hub-verified records, not recommendations. Nothing here is investment advice — always confirm a licence against the regulator's own register before opening an account.

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