Forex Broker Rating Methodology: How TestedSignals Scores Brokers

Every broker page on TestedSignals shows a research rating and, where available, a Myfxbook community score. This page explains exactly where those numbers come from, what they measure, what they do not measure, and how to use them without treating any rating as a guarantee.

Quick answer

TestedSignals broker ratings combine listed regulation, platform support, account costs, deposit and withdrawal transparency, and third-party community evidence from Myfxbook. Ratings summarize published information and community feedback — they are not audits, not endorsements, and never a substitute for verifying the legal entity that would hold your money.

Data sources we use

When a field is missing or cannot be confirmed, the review says "not listed" instead of guessing. Missing fields lower the completeness of a profile and are flagged in the risks section of the review.

What the Myfxbook score means

Many broker pages show an aggregate score sourced from Myfxbook, together with the number of community reviews behind it. We show the score and count exactly as published, link to the source page, and never adjust the number. A 4.8 from 2 reviews is weaker evidence than a 4.2 from 400 reviews — the review count matters as much as the score.

Scoring dimensions

1. Regulation and legal entity. Which regulators are listed, and whether a register entry can be found. Offshore-only regulation is treated as higher risk, not as disqualifying.
2. Costs. Listed spreads, commission models, and minimum deposits. Costs change by entity and account type, so reviews describe the structure rather than promising exact numbers.
3. Platforms. MT4/MT5 or proprietary platform support, and whether the platform fits copy trading setups. See MT4 vs MT5 for trading.
4. Deposits and withdrawals. Published methods and any friction reported in community reviews.
5. Evidence quality. How much of the profile can be cross-checked against independent sources.

What ratings do not mean

A rating is not investment advice, not proof a broker is safe, and not a prediction of execution quality on your account. Brokers route clients through different legal entities by country; the entity that onboards you determines your protections, not the homepage brand or any rating on this site.

Update policy and corrections

Broker data is checked in batches; each review shows its last fact-check date. If you find outdated or wrong data, contact us via the channels in the site footer and we will re-verify against the sources above.

Affiliate disclosure

Some broker links use tracking parameters and may pay TestedSignals a commission if you open an account. Ratings and Myfxbook figures are produced independently of these relationships: the score does not change because a broker has an affiliate program.

How to use the ratings

• Shortlist with the broker directory, then read the full review of each candidate.
• Cross-check the legal entity for your country on the regulator register.
• Compare costs on the exact account type you plan to fund — see the forex broker checklist.
• If you plan to copy a strategy, confirm broker compatibility on the strategy page and in the copy trading guide.
• Test deposits and withdrawals with a small amount before scaling.

FAQ

How does TestedSignals rate forex brokers?

Ratings combine listed regulation, platforms, costs, deposit and withdrawal transparency, and Myfxbook community evidence. Every input is published information; nothing is based on private deals with brokers.

Is a high broker rating a guarantee of safety?

No. A rating summarizes published evidence at the last fact-check date. Entity routing, product availability, and terms differ by country and can change at any time.

Why do some brokers show no Myfxbook score?

Not every broker has a Myfxbook review page, and some have too few reviews to be meaningful. Pages without reliable third-party evidence show only the research profile and mark the gap as a risk.

Do affiliate commissions affect the ratings?

No. Affiliate links are disclosed and tracked separately from research. The rating inputs — regulation, costs, platforms, and Myfxbook data — are the same whether or not a broker pays commissions.