Objective broker ratings for successful trading
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The Art of Impartial Assessment: How I Learned to Write Honest Broker Reviews
Over the years of working with financial markets, I have developed a systematic approach to broker reviews and analysis. The first thing I had to understand was that there are no completely objective reviews, but you can get as close to the truth as possible by following a clear algorithm.
The Search Stage: Separating the Wheat from the Chaff
I always start with a comprehensive collection of information. The official websites of regulators - the CySEC, FCA - give a basic idea of the legality of the company's activities. But the license is only half the case. It is much more valuable to find independent reviews on specialized forums like ForexPeaceArmy or SeniorTrader. It is probably important to pay attention not only to emotional statements, but also to specific facts with details: especially dates, account numbers, screenshots of correspondence.
I pay special attention to discussing problematic situations. If users are massively complaining about the same withdrawal problems during high volatility, this is a systemic problem, not an isolated case. At the same time, I always filter...