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Methodology

How We Review Forex Brokers

Our eligibility rules, weighted scoring model and disclosure of how this site is funded.

Ratings on this site follow a fixed, published process. Compensation from brokers never changes a score.

Eligibility: regulation first

A broker must be a member of CIRO (the Canadian Investment Regulatory Organization, formerly IIROC) serving Canadian residents with CIPF protection to be considered at all. Offshore brokers are excluded regardless of pricing or features.

Scoring model

FactorWeightWhat we test
Trading costs30%Typical spreads on majors, commissions, swap schedules
Platforms & tools25%MT4/MT5 support, proprietary platform quality, mobile apps, APIs
Funding & withdrawals20%CAD rails, Interac support, withdrawal speed in practice
Market range15%Currency pairs, metals, indices and other CFDs
Service & education10%Support responsiveness, research and learning content

How we make money

When you open an account through links on this site, we may receive referral compensation from the broker. This funds the site. It can affect which brokers we feature and link placement — it does not affect scores, which are produced by the methodology above before any commercial consideration.

Update cycle

Scores are reviewed monthly and re-tested in full twice per year, or immediately after material changes (pricing, regulation, platform availability).

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