The voice of the people! This sub-index is essential to our scoring system and the best way to establish good reputations and quality of service. Have some insight into a particular forex broker? We'd love to hear from you! All votes get tallied and make up our public opinion index.
This sub-index expands on what amount of technological support a broker has for the needs of traders. Some different dynamics are: Trading platform quality and customization, mobile trading support, MT4 or other platform support, automated trading, multi-account manager platforms, website trading access, trading alerts, and detailed accounting software. More advanced users may appreciate integrated technology support for custom or proprietary trading technology and software. Does the broker offer virtual private servers to keep your automated trading program running problem free around the clock? All these factors make up the technology score.
How much is your broker willing to give? This sub-category scores all the freebies and extras that you have access to as a client. Different variables measured are: Teaching/Webinars, Account Opening Bonuses, Cash Prizes/Contests, News Feeds, Trading Signals, and any other extras.
Particularly important to those who are learning about forex trading. Some brokers will put in great efforts to keep things simple and help educate their clients. We pay attention to four main areas: The learning curve of the platform, online tutorials, ease of account opening and access to live support or help desks.
This sub-category considers restrictions that could greatly affect your day to day trading. Some brokers won't allow scalping as a trading style. What are the geographic restrictions, minimum deposit requirements, and maximum and minimum lot sizes? Are there any trading blackout periods or other restrictions? A higher score means a less restrictive broker.