Trust & Transparency

How We Score & Rank

The exact process behind every award, ranking and verdict

Last updated July 28, 2026◆Owned by the editorial board
The five pillarsData & sourcesLicence verificationHow winners are chosenAffiliate independence

◆ In one paragraph

Every broker earns a 0–10 editorial score across five weighted pillars — regulation & safety, trading costs, execution, client protections, and platforms. All data is sourced, dated and re-checked quarterly; licences are verified in official registers before scoring. Rankings are set by this evidence alone — never by affiliate relationships.

The five pillars

A broker's score is the weighted sum of five pillars. The weights reflect what protects and serves a retail trader most, with regulation and cost carrying the most weight.

PillarWeightWhat we measure
Regulation & safety30%Licences (verified in register), segregation of funds, compensation schemes, track record
Trading costs25%Spreads + commissions measured live on major pairs; swaps; non-trading fees
Execution quality20%Fill speed, slippage, requote rate, order-type support
Client protections15%Negative-balance protection, leverage caps, complaints handling
Platforms & range10%MT4/MT5/cTrader/proprietary, mobile quality, instrument range

Data & sources

Every data point on a broker page carries a source and a date. Costs are measured on live accounts, not marketing pages. Regulatory facts come from the regulator's own register. No data is supplied by the brokers, and no broker sees or approves its score before publication.

Licence verification

Before a broker is scored at all, we confirm its legal entity and licence number in the official regulator register — for example ASIC Connect, the FCA Register or CySEC's public list — and show the number on the broker page so you can repeat the check.

How winners are chosen

Our broker rankings are living editorial assessments, updated as the data changes. The annual World FX Awards recognise the highest-scoring provider in each category for that edition. There is no public vote and no paid entry — a winner is simply the provider that scores best against this methodology, and every result links back to the evidence behind it.

Affiliate independence

World FX Awards earns affiliate commissions when readers open accounts through some links; this funds the site and has no influence on scores, rankings, awards or verdicts. A broker cannot pay for a higher position, a better score, or an award.