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How We Review Forex Brokers

At EazySignals.com, our mission is to help traders—from beginners to professionals—choose brokers they can trust. That’s why every broker listed or reviewed on our platform is rigorously tested using an independent, unbiased process led by our research team.

We spend hundreds of hours annually evaluating brokers using real accounts and real trades, so you don’t have to.

💎 Our Editorial Standards

We believe in transparency, fairness, and integrity. Here’s how we make sure our reviews stay honest and independent:

  • We never accept payment for positive reviews.
  • Our partnerships, where applicable, are clearly disclosed and do not influence our ratings.
  • Every review includes genuine testing, from account opening to placing trades and initiating withdrawals.
  • If we believe a broker can improve, we call it out. No fluff, no bias.

🛠 Devices & Environment Used in Testing

To ensure consistency, we test broker platforms on various devices and networks, including:

  • Desktop: Windows 10 Pro, Intel Core i7, 32 GB RAM, Radeon RX GPU, SSD
  • Laptop: MacBook Retina 12”, Intel Core m5, 8GB RAM, macOS Mojave
  • Mobile: Samsung Galaxy S9+, Android 10, 6GB RAM, Snapdragon 835
  • Browser: The Latest version of Google Chrome
  • Internet: High-speed WiFi (802.11n) or 4G LTE where necessary

🧪 Our Review Process: Step by Step

Every broker is reviewed based on over 100 criteria that span across experience, safety, performance, and customer support. Here’s a breakdown of how we conduct our testing:

  1. Anonymous signup using VPN to stay undetected.
  2. Demo account testing to preview usability.
  3. Real money deposit via credit card or PayPal.
  4. KYC verification with genuine documents.
  5. Live trading with mini lot trades.
  6. Order closure and spread measurement.
  7. Support evaluation through actual queries.
  8. Withdrawal request back to the original payment method.

🧠 Rating Categories & Weighting

To determine a broker’s total rating, we assess them across the following key areas:

CategoryWeight
Trust & Regulation25%
Trading Platforms & Tools11%
Research & Analysis16%
Mobile Experience16%
Fees & Commissions11%
Investment Offerings10%
Education & Resources11%

Each section is scored based on both objective factors (e.g. licensing, features) and subjective opinions (e.g. user experience). Some areas—like pricing—get deeper analysis using real-time trading scenarios.

🏅 Best-in-Class Awards

Top-performing brokers in each category receive a “Best in Class” badge. We also issue recognition for standout features in areas like:

  • Copy Trading
  • Crypto Access
  • Algo/Automated Trading
  • MetaTrader Experience
  • Customer Experience
  • Beginner Friendliness

🔐 How We Calculate Broker Trust Score

At EazySignals, trust is everything. To quantify it, we created our Trust Score—a unique 1–99 rating that evaluates how secure and reputable a broker truly is.

A high Trust Score means the broker is well-regulated, established, and safe to use. A low score means traders should be cautious.

🔍 Trust Score Factors

Here’s what we analyze to calculate a broker’s Trust Score:

  • Years in Operation
  • Regulatory Licenses (tiered by jurisdiction)
  • Ownership Structure (public vs private, is it a bank?)
  • Expert Assessment (reviewed by our founder, Vincent Nyagaka)

Each regulatory license is weighted based on its credibility. For example, a broker regulated by the US CFTC ranks significantly higher than one licensed in a Tier-3 country.

🌍 Regulation Tiers We Track

Here is a list of the regulatory licenses that are currently tracked and factored into Trust Score (ordering by tier, alphabetically by Country): 

Tier-1 Jurisdictions (High Trust):

Tier-2 Jurisdictions (Average Trust):

Tier-3 Jurisdictions (Low Trust):

Each year, we work to expand our database of countries we track and monitor. Eazysignals is currently home to the largest independent database covering forex regulators on the web.

⚖️ Risk Level Based on Trust Score

Score RangeRisk LevelWhat It Means
85–99Low RiskTrusted, transparent, and secure brokers
70–84Medium RiskGenerally safe, but check regulatory licenses
69 & belowHigh RiskCaution: May lack solid regulation or track record

🧭 Compare Brokers

Use our Forex Broker Comparison Tool to compare Trust Scores side-by-side, including a breakdown of regulatory licenses.

💬 Share Your Feedback

Do you think we should improve our process or add new features? Contact us—we’d love to hear from you!

⚠️ Risk Disclaimer

Forex trading carries high risk and may not be suitable for all investors. Leverage can work against you as well as for you. Always understand the risks involved before investing. Read full disclaimer.

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