01
Algorithm
Scoring Algorithm · Open SourceMIT
score = 0.30 × regulation + 0.20 × risk + 0.20 × transparency + 0.20 × reputation + 0.10 × disclosure
FXCN offers independent, auditable forex broker reviews and ratings — every score is computed from public data using an open-source algorithm, independently reproducible. Rankings stay fully independent of any commercial deal: ads, promoted slots and IB rebates are always labelled and never affect scores.
| # | Brokers | Headquarters | Overall score ↓ | Regulatory licenses | 30d trend | Updated |
|---|---|---|---|---|---|---|
| 01 | DEM
|
圣文森特 | 18.0 | 0 Tier 1 · 1 total |
|
0s ago |
| 02 | United States | — | 0 Tier 1 · 0 total |
|
0s ago | |
| 03 | India | — | 0 Tier 1 · 1 total |
|
0s ago | |
| 04 | UPS
|
India | — | 0 Tier 1 · 1 total |
|
0s ago |
| 05 | PLU
|
Israel | — | 0 Tier 1 · 0 total |
|
0s ago |
| 06 | Switzerland | — | 0 Tier 1 · 0 total |
|
0s ago | |
| 07 | MFM
|
Cyprus | — | 0 Tier 1 · 0 total |
|
0s ago |
| 08 | Seychelles | — | 0 Tier 1 · 1 total |
|
0s ago | |
| 09 | BIN
|
Singapore | — | 0 Tier 1 · 0 total |
|
0s ago |
| 10 | 圣文森特 | — | 0 Tier 1 · 0 total |
|
0s ago |
Give every retail FX trader a regulator-aligned, fully verifiable risk report — within 10 seconds of typing the broker name.
score = 0.30 × regulation + 0.20 × risk + 0.20 × transparency + 0.20 × reputation + 0.10 × disclosure
Ads, promoted slots and IB rebates are labeled and never affect the score.
How we score →Public REST API · JSON · 60 req/min · no API key required (except review submission). Enterprise SLA + full dataset for institutional clients.
# Fetch IC Markets full score breakdown $ curl https://fxcn.com/api/v1/brokers/ic-markets { "slug": "ic-markets", "name": "IC Markets", "score": { "total": 92.1, "color": "green", "regulation": 95, "risk": 92, "transparency": 90, "reputation": 89, "disclosure": 93 }, "licenses": [ {"regulator": "ASIC", "no": "335692", "tier": 1}, {"regulator": "CySEC", "no": "362/18", "tier": 1} ], "updated": "2026-06-24T12:40:09+08:00" }
Pick 2 brokers (up to 4), and we score each one against the same five open-source dimensions — regulation, risk, transparency, reputation and disclosure.