Nominees
Reviewed Brokers
All brokers included in our quarterly assessments. Nominees are listed alphabetically. Inclusion does not constitute endorsement. Disclosure flags indicate the availability of public evidence at the time of last review.
Disclosure Flags:
Public MetricsExecution PolicyRouting DisclosureAdmiral Markets
Admiral Markets (Admirals) is an Estonian-headquartered FX and CFD broker. The firm publishes best execution reports and maintains regulatory documentation across EU entities.
CMC Markets
CMC Markets is a London-listed provider of spread betting and CFDs. The firm publishes execution quality data and order execution policies across multiple regulated entities.
Dukascopy Bank
Dukascopy is a Swiss-regulated online bank and FX broker operating an ECN model. The bank publishes historical tick data and maintains documentation on its SWFX marketplace, though a unified public metrics dashboard is not available.
FP Markets
FP Markets is an Australian FX and CFD broker offering ECN pricing. The broker publishes some execution technology information but lacks a dedicated public execution metrics page.
FXCM
FXCM is a well-known FX broker that publishes some execution data and maintains regulatory best execution documentation. The broker has historically operated an agency model for certain products.
IC Markets
IC Markets is an Australian-headquartered FX and CFD broker known for competitive spreads. The broker publishes execution speed data and maintains regulatory documentation, though comprehensive public routing disclosure is limited.
IG Group
IG Group is one of the largest publicly listed CFD and spread betting providers. The company publishes best execution reports and maintains comprehensive regulatory documentation.
Interactive Brokers
Interactive Brokers is a US-headquartered electronic brokerage firm serving institutional and retail clients. The firm publishes detailed order routing statistics and execution quality reports mandated by SEC regulations.
NDD (No Dealing Desk)
NDD is a retail FX and CFD broker operating an A-book, no dealing desk model. The broker publishes publicly accessible execution metrics through its Trading Pulse dashboard, provides detailed execution analytics, and maintains transparent order routing and execution policy documentation. All evidence pages referenced below are accessible without account registration.
OANDA
OANDA is a long-established FX broker and data provider. The broker publishes some execution quality information and maintains regulatory documentation across multiple jurisdictions.
Pepperstone
Pepperstone is a global FX and CFD broker regulated in multiple jurisdictions. The broker publishes execution statistics and maintains documentation on order execution quality, though the depth of publicly accessible real-time metrics varies by region.
Saxo Bank
Saxo Bank is a Danish investment bank offering multi-asset trading. The bank publishes execution quality reports as required by MiFID II and maintains detailed product documentation.
Swissquote
Swissquote is a Swiss-listed online bank offering multi-asset trading. The bank publishes regulatory documentation and maintains execution policy disclosures. Comprehensive public execution metrics are not available in a dedicated dashboard format.
Tickmill
Tickmill is an FX and CFD broker regulated in multiple jurisdictions. The broker publishes execution speed claims and maintains regulatory documentation, though a public execution metrics dashboard is not available.
XTB
XTB is a Poland-based, publicly listed FX and CFD broker. The company publishes best execution reports and regulatory documentation. Public metrics availability outside of regulatory mandates is limited.