FXExact evaluates brokers using a structured 119-point checklist designed for
traders who care about spreads, execution quality, platform choice and overall value —
not marketing noise.
Why 119 points?
The checklist reflects every datapoint we look at when comparing brokers. It includes
objective, externally verifiable items (e.g., spreads, instruments, fees) and structured
qualitative items (e.g., platform usability, support responsiveness).
We do not publish the full internal sheet publicly — it contains scoring weights
and notes that are proprietary — but we do show how it is structured and what types of
checks it contains.
Here are sample items so you understand the depth without revealing the full matrix:
Trading costs & spreads (examples)
Raw vs standard spread difference on majors
Commission per side / per lot across FX, indices & commodities
Swap/overnight charges on typical long/short positions
Spread stability during high-liquidity hours (London/NY)
Execution quality (examples)
Average execution speed for market orders
Slippage distribution (positive/negative/neutral)
Fill rate consistency during volatile periods
Availability of limit/stop order protections
Platforms & tools (examples)
Support for MT4, MT5, cTrader and TradingView
Algo trading compatibility (EAs, cBots, scripts)
Charting capabilities, indicators, layouts
Stability and uptime of web/mobile platforms
Funding & withdrawals (examples)
Card and bank transfer availability by region
Withdrawal processing speed
Deposit/withdrawal fees (broker-side)
Anti-fraud and verification friction
Support & education (examples)
Response times by chat/email/phone
Quality of help documentation
Educational depth (beginner → advanced)
Market commentary frequency & relevance
How we score (simple)
Each category has multiple weighted checks.
Higher weight = more impact on the final score.
Important: We treat regulation as a descriptive field, not a ranking boost.
Offshore vs onshore is up to the trader — we don’t punish or reward either.
Why we keep the full sheet private
The internal sheet includes:
Data sources we monitor
Scoring weights
Conversion metrics from real-world trading funnels
Internal notes and comparisons
These are proprietary.
But the structure above gives full transparency on how we approach reviews.