Independent broker ratings

Every rating here is backed by evidence you can check.

We score forex brokers against one published formula: regulation, fund safety, costs, transparency, complaints and platform. Then we show our working, and log it every time a verdict changes.

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Recent verdict changes

2 Sep Inzo Review 2026: It Calls Itself Regulated and Names No Regulator Scam / Avoid Initial rating. Describes itself as regulated while disclosing no legal entity, registration number, registered address, regulator or licence number; cites three offshore territories without attaching a licence to any of them; and concentrates on markets with the least client recourse. No complaint record or regulator warning found.
2 Sep TradeEU Global Review 2026: A Mauritius Licence Behind a European-Sounding Name Scam / Avoid Initial rating. Mauritius FSC tier-3 licence with no compensation scheme, a trading name implying EU standing while the EU is explicitly excluded, a Cyprus paying agent that carries no regulatory weight, no published trading or withdrawal terms, and a Trustpilot profile around 1.6 that is closed to new reviews.
1 Sep Algobi Review 2026: On a Regulator Alert List, and the Withdrawals Match Scam / Avoid Initial rating. Listed on the Securities Commission Malaysia investor alert list, tier-3 licence with no compensation scheme, and a consistent documented pattern of withdrawal refusal followed by pressure to deposit more.

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