2026Independent broker comparator

Finding a broker. Without the marketing.

We're a small editorial team that tests every broker with a real funded account. Tell us what you trade — we'll point you to the ones that hold up.

We test every broker with a real funded account. Tell us what you trade — we'll point you to the ones that hold up.

Edited by Roch de Montesquieu — Research Analyst.
Reviews updated continuously. 47 brokers covered.

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01 Who scores these brokers

Three editors. No algorithms. We publish what we tested.

Each review is signed by the editor who tested it. If you disagree with a score, write to that editor directly.

Roch de Montesquieu

Research Analyst · Fees, Data & Transparency

Owns the fee data and the six-pillar scoring framework. Cross-checks every published cost against each broker’s live terms, and defends a score when a reader challenges it.

Camille Vasseur

Senior Writer · Markets & Regulation

Has covered online brokers since 2017, previously at Les Échos and Investir Magazine. Verifies each broker’s regulatory status and investor protections before a score is assigned.

Simon Dalmat

Editor-in-Chief · UK Markets & FCA Regulation

Covers UK online brokers, previously at Financial Times Adviser and Citywire. Sets editorial standards and leads reviews of FCA-regulated brokers.

02 How we work

Tested with real money. Not press accounts.

Every broker goes through the same four-step process. No exceptions — partner or not.

STEP 01 $2k+

Fund a real account

We open through the public onboarding flow. No press treatment, no special API. What you'd get.

STEP 02 50+

Execute trades

Across asset classes and order types. We measure fill rate, slippage, re-quote frequency.

STEP 03 4–6 wks

Read every contract

Account agreement, fee schedule, T&Cs. We note where the marketing differs from the legal text.

STEP 04 /10

Score & publish

Six pillars, public methodology. The score appears even if the broker is a partner.

03 Methodology · published in full

Six pillars, weighted publicly.

Every broker scored on the same six dimensions, weighted by relevance for retail investors. Partners and non-partners scored identically.

PILLAR 01 25%

Regulation & safety

Anchor regulators, deposit guarantees, segregation, capital adequacy. What actually protects your money.

PILLAR 02 25%

Fees

Commissions, spreads, withdrawal costs, FX conversion. The total cost — not the headline rate.

PILLAR 03 15%

Instruments

Breadth of asset classes, markets covered, fractional shares, options, bonds, crypto access.

PILLAR 04 15%

Platform

Desktop, web, mobile. Order types, charting, API access, real-world UX quality.

PILLAR 05 10%

Support

Channels, hours, languages, real response times — tested during peak and off-hours.

PILLAR 06 10%

Transparency

Order routing reports, fee disclosure, ownership disclosure, audit history.

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Every broker tested. Every score defensible. No exceptions.

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