BROKER RATINGS · OPEN EVERY LAYER

One rating.
Every reason.

Choose your residence or explore the entities behind the brands.

Where do you live? · Select your home country using the circles. We show the company and conditions verified for residents there.

Pilot · based on available data
How this becomes a full rating

Published observations and completed editorial assessments replace the demo inputs as coverage grows. Scores update using the published method.

Current data coverage: 4% of planned weight. Coverage describes our evidence, not broker quality. Method →

United KingdomCalculated from: United Kingdom · 2 shared parameters · 1/11 listed residence marketsRated: IG, OANDA, Pepperstone. Same parameters for the rated brokers. Missing ratings are not zero. Criteria can differ between countries.
Colour guide — what do the country markers mean?

Market priority: UK, US, Singapore and Hong Kong lead by FX turnover in the BIS 2025 survey. Remaining countries follow an editorial priority order, not a statistical ranking. This order does not change rating weights.

Colours show how much information we have — not whether a broker is good or bad.

  • Green · both measures availableBoth tracked measures are available for every displayed broker.
  • Yellow · partial informationSome observations are available, but coverage differs or is incomplete.
  • Red · rating data missingCompanies are identified, but their rating observations are not available yet.
  • Empty · still checkingAt least one company or offer still needs verification; no observations are available for this selection.
  • Grey with a slash · not applicableWe have verified that this option does not apply.
  • Square outline · your selectionThe chosen country applies to all three brokers.
PILOT RATING4.5/5

Data coverage: 4%

Score components & company
For residents of United Kingdom

IG Markets Limited
Regulatory jurisdiction: United Kingdom

Entity source ↗
Why this entity?

Local retail FX CFD offer documented on the primary country page. Individual eligibility remains subject to onboarding.

Verified 2026-09-12 · review due 2026-10-12

Residence mapping source ↗

Data: 4.9/5 × 60%
Editorial review: 76.5% × 40%

Data completeness - 4% of planned data weight4%

Broker profile → Why this score? → Add to comparison +

PILOT RATING3.5/5

Data coverage: 4%

Score components & company
For residents of United Kingdom

OANDA Europe Limited
Regulatory jurisdiction: United Kingdom

Entity source ↗
Why this entity?

Local retail FX CFD offer documented on the primary country page. Individual eligibility remains subject to onboarding.

Verified 2026-09-12 · review due 2026-10-12

Residence mapping source ↗

Data: 2.9/5 × 60%
Editorial review: 88.75% × 40%

Data completeness - 4% of planned data weight4%

Broker profile → Why this score? → Add to comparison +

PILOT RATING4.3/5

Data coverage: 4%

Score components & company
For residents of United Kingdom

Pepperstone Limited
Regulatory jurisdiction: United Kingdom

Entity source ↗
Why this entity?

Local retail FX CFD offer documented on the primary country page. Individual eligibility remains subject to onboarding.

Verified 2026-09-12 · review due 2026-10-12

Residence mapping source ↗

Data: 4.3/5 × 60%
Editorial review: 86.5% × 40%

Data completeness - 4% of planned data weight4%

Broker profile → Why this score? → Add to comparison +

Explore ratings: calculations, criteria & sources

Comparing all displayed brokers.

Score mix — data and editorial contribution
60% · Data40% · Editorial

First convert the data score to a percentage. Add its 60% contribution to the editorial percentage’s 40% contribution. A simulated 50% editorial input contributes 20 percentage points. Real assessments use the published criterion weights. Displayed inputs are rounded; contributions use the unrounded data score.

IG

Data component: 4.9/5

Editorial input: 76.5% (editorial review)

(4.9 ÷ 5 × 60) + (76.5 ÷ 100 × 40)
≈ 58.4 + 30.6
= 89.0% = 4.5/5

Assessment scope: traders:gb

Scope: UK resident offers; desktop public-information checklist uk-documentary-1.0, collected with AI assistance on 12 September 2026. No human reviewer, account opening, execution testing or mobile certification is claimed. A 100 checklist score means the named disclosure checks passed, not a perfect broker. Brand signal: Trustpilot 3.7/5 -> (3.7-1)/4*100 = 67.5. Mixed products/countries; not UK-only feedback. Source: https://www.trustpilot.com/review/ig.com Navigation: 3/4 checks. Cost headings, legal and support routes identified. Product choices were exposed as list items rather than semantic tabs in the inspected accessibility tree, so the semantic-controls check did not pass. This is a narrow accessibility observation, not a claim that switching is impossible. Clarity: 3/4 checks. Product basis, fee categories and conditions were distinguishable. The minimum-spread table labels its values bps, creating a unit ambiguity for a reader comparing pip-based FX quotes; the unambiguous-units check did not pass. Source: https://www.ig.com/uk/charges Documents: 4/4 discoverability checks. Local companies, customer agreements, complaints and execution-policy routes identified. Sources: https://www.ig.com/uk/terms-and-agreements https://www.ig.com/uk/customer-agreement Limits: cookies can obstruct first access; no support contact was made. Document contents were sampled for identity and scope, not legally audited.

Editorial evidence ↗

Reviews 67.5% · Navigation 75% · Clarity 75% · Documents 100%

Explore the data component →

OANDA

Data component: 2.9/5

Editorial input: 88.8% (editorial review)

(2.9 ÷ 5 × 60) + (88.75 ÷ 100 × 40)
≈ 34.4 + 35.5
= 69.9% = 3.5/5

Assessment scope: traders:gb

Scope: UK resident offers; desktop public-information checklist uk-documentary-1.0, collected with AI assistance on 12 September 2026. No human reviewer, account opening, execution testing or mobile certification is claimed. A 100 checklist score means the named disclosure checks passed, not a perfect broker. Brand signal: Trustpilot 3.5/5 -> (3.5-1)/4*100 = 62.5. The global profile has country subprofiles; this audit consistently uses the global profile for all three brands. It is not UK-specific sentiment. Source: https://www.trustpilot.com/review/www.oanda.com Navigation: 4/4 checks. Descriptive fee headings, legal and support routes, and a directly structured cost page without product-tab dependency were observed. Clarity: 4/4 checks. The inspected page distinguishes fee types, sets out inactivity conditions and conversion basis, identifies v20/v20 MT4 applicability and links financing/spread information. This does not mean the fees are low. Source: https://www.oanda.com/uk-en/trading/our-charges/ Documents: 4/4 discoverability checks. OANDA Europe Limited is identified; contract, complaints and execution-policy links are listed. The sampled terms identify the company and CFD/spread-bet scope. Sources: https://www.oanda.com/uk-en/legal/ https://legal.oanda.com/oel/fxtrade_customer_agreement_oel/en Limits: no account onboarding, support response or mobile journey was tested. The score measures this checklist, not full usability.

Editorial evidence ↗

Reviews 62.5% · Navigation 100% · Clarity 100% · Documents 100%

Explore the data component →

Pepperstone

Data component: 4.3/5

Editorial input: 86.5% (editorial review)

(4.3 ÷ 5 × 60) + (86.5 ÷ 100 × 40)
≈ 52.0 + 34.6
= 86.6% = 4.3/5

Assessment scope: traders:gb

Scope: UK resident offers; desktop public-information checklist uk-documentary-1.0, collected with AI assistance on 12 September 2026. No human reviewer, account opening, execution testing or mobile certification is claimed. A 100 checklist score means the named disclosure checks passed, not a perfect broker. Brand signal: Trustpilot 4.2/5 -> (4.2-1)/4*100 = 80. Global profile, not a UK customer sample. Source: https://www.trustpilot.com/review/pepperstone.com Navigation: 4/4 checks. Cost headings, legal/support routes and semantic tab controls were exposed. A country prompt was encountered from the audit environment in Italy; this is reported as context, not attributed to all UK visitors. Clarity: 3/4 checks. Standard/Razor/spread-betting pricing, additional charges and international-withdrawal exceptions were distinguishable. The cTrader explanation uses per unit while adjacent pricing uses lots; the unambiguous-unit-basis check did not pass. Source: https://pepperstone.com/en-gb/trading/costs-and-fees Documents: 4/4 discoverability checks. Pepperstone Limited, UK contract, complaints and execution policy identified in the legal hub. A costs PDF was also retrieved. Sources: https://pepperstone.com/en-gb/about-us/policies/legal https://eu-assets.contentstack.com/v3/assets/bltd74737b907a31bbb/bltc19314db598b7ab0/UK_Legal_Costs_and_Charges.pdf Limits: this browser check resolved the earlier full-page research-tool failure. No account onboarding, support response or mobile journey was tested.

Editorial evidence ↗

Reviews 80% · Navigation 100% · Clarity 75% · Documents 100%

Explore the data component →

Editorial review — published weights

These criterion weights are managed in the editorial database. They apply to completed editorial assessments; simulated inputs remain explicitly labelled and are not derived from these criteria.

Public review evidence, including Trustpilot30% of editorial
Website navigation and usability25%
Clarity of pricing, conditions and information30%
Visibility of the contracting company and key documents15%

Published documentary audits have dated observations, cited sources and explicit scope. See the UK audit and checklist. Review-platform scores alone are not editorial assessments. Brand-wide review evidence must not be presented as jurisdiction-specific evidence, and evidence already scored in the data component must not be counted twice.

01 · Data component: Residence & entity — where the rating comes from

The same residence and parameters for all brands; contracting entities may be regulated in different countries. Missing values are never zero.

Display values are rounded; calculations use unrounded inputs.

02 · Dimensions — what is assessed

Only Trading costs currently has usable evidence. Other dimensions are excluded, not scored zero.

Trading costsPartial · 20% of cost weight availableOpen cost parameters ↓
Client experienceNo comparable evidence
Funding experienceNo comparable evidence
Service responseNo comparable evidence
Digital experienceNo comparable evidence

IG

Trading costs · partial

4.9/5

Effective dimension weight: 100% of the partial score.

OANDA

Trading costs · partial

2.9/5

Effective dimension weight: 100% of the partial score.

Pepperstone

Trading costs · partial

4.3/5

Effective dimension weight: 100% of the partial score.

Each planned dimension has 20% of the data-component weight (the data component itself has 60% of the combined rating). The partial score normalises only shared available weights.

03 · Cost parameters — compare each contribution

Open a parameter to see each rated broker, including conversion, weight and source. Unrated brokers have no contribution.

Advertised EUR/USD minimum spread 10% planned cost weight → 50.0% of this partial score

IG

Residents of United Kingdom

4.7/5

Contribution: 4.7 × 50.0% = 2.4

04 · Input, conversion & source

Original input: 0.6 pips

clamp(1 + 4 × (2 − 0.6) ÷ (2 − 0.5), 1, 5) = 4.7/5

IG Markets Limited

Cash FX CFD advertised minimum EUR/USD spread: 0.6 pips (points). Spread-only pricing; financing and other charges excluded. The historical average spread also displayed by IG Australia is not used.

Original source ↗

Observed 2026-09-12 · review due 2026-10-12
Record ig-gb-eurusd-20260912
One broker-published source; no independent execution sample or statistical confidence estimate.

OANDA

Residents of United Kingdom

4.7/5

Contribution: 4.7 × 50.0% = 2.4

04 · Input, conversion & source

Original input: 0.6 pips

clamp(1 + 4 × (2 − 0.6) ÷ (2 − 0.5), 1, 5) = 4.7/5

OANDA Europe Limited

Standard spread-only EUR/USD CFD pricing, advertised from 0.6 pips. Raw pricing excluded. Financing and other charges excluded; not a realised average.

Original source ↗

Observed 2026-09-12 · review due 2026-10-12
Record oanda-gb-eurusd-20260912
One broker-published source; no independent execution sample or statistical confidence estimate.

Pepperstone

Residents of United Kingdom

3.7/5

Contribution: 3.7 × 50.0% = 1.8

04 · Input, conversion & source

Original input: 1 pips

clamp(1 + 4 × (2 − 1) ÷ (2 − 0.5), 1, 5) = 3.7/5

Pepperstone Limited

Standard account EUR/USD minimum spread: 1 pip. No FX commission on Standard. Razor and spread-betting pricing excluded. Financing and other charges excluded.

Original source ↗

Observed 2026-09-12 · review due 2026-10-12
Record pepperstone-gb-eurusd-20260912
One broker-published source; no independent execution sample or statistical confidence estimate.

Realised average spread Excluded · no common evidence

This parameter contributes no weight. Missing evidence does not indicate poor performance.

Trading commissions Excluded · no common evidence

This parameter contributes no weight. Missing evidence does not indicate poor performance.

Overnight holding cost Excluded · no common evidence

This parameter contributes no weight. Missing evidence does not indicate poor performance.

Inactivity charge policy 10% planned cost weight → 50.0% of this partial score

IG

Residents of United Kingdom

5.0/5

Contribution: 5.0 × 50.0% = 2.5

04 · Input, conversion & source

Original input: 0 · no inactivity charge stated

Policy rubric: no stated charge → 5/5. This does not measure fee amount or severity.

IG Markets Limited

The CFD section currently lists inactivity as free. Encoded 0: no inactivity charge stated. Australian inactivity terms have not been verified for this dataset.

Original source ↗

Observed 2026-09-12 · review due 2026-10-12
Record ig-gb-inactivity-20260912
One broker-published source; no independent execution sample or statistical confidence estimate.

OANDA

Residents of United Kingdom

1.0/5

Contribution: 1.0 × 50.0% = 0.5

04 · Input, conversion & source

Original input: 100 · inactivity charge stated

Policy rubric: stated charge → 1/5. This does not measure fee amount or severity.

OANDA Europe Limited

Monthly inactivity charge after 12 months without trading; no charge while open positions remain. Maximum GBP 20 per client per month across subaccounts, limited by available balance. Encoded 100: an inactivity charge is stated; this is not the charge amount.

Original source ↗

Observed 2026-09-12 · review due 2026-10-12
Record oanda-gb-inactivity-20260912
One broker-published source; no independent execution sample or statistical confidence estimate.

Pepperstone

Residents of United Kingdom

5.0/5

Contribution: 5.0 × 50.0% = 2.5

04 · Input, conversion & source

Original input: 0 · no inactivity charge stated

Policy rubric: no stated charge → 5/5. This does not measure fee amount or severity.

Pepperstone Limited

No account-keeping or inactivity charge currently stated. Accounts below 10 units of account currency with no trades for at least three months may be archived; reactivation is possible. Encoded 0: no inactivity charge stated.

Original source ↗

Observed 2026-09-12 · review due 2026-10-12
Record pepperstone-gb-inactivity-20260912
One broker-published source; no independent execution sample or statistical confidence estimate.

05 · Methodology, thresholds and limitations →