Choose your residence or explore the entities behind the brands.
Where is the broker company regulated? · A broker brand can operate through several companies. Select a country to explore the companies regulated there.
Pilot · includes simulated editorial inputsHow 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 →
OverallCalculated from: United Kingdom · 2 shared parameters · 1/11 monitored jurisdictionsRated: 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.
ALL shows the overall comparison across included companies. It is not a country.
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.
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: Jurisdictions — where the rating comes from
Identical included jurisdictions and equal jurisdiction weights for all brands. Missing values are never zero.
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
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.
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.
Standard spread-only EUR/USD CFD pricing, advertised from 0.6 pips. Raw pricing excluded. Financing and other charges excluded; not a realised average.
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
Regulated in 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.
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
Regulated in 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.
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
Regulated in 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.
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
Regulated in 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.
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.
