The Truth About
Every Broker,
Laid Bare.

The XP Trust Score is ForexXP's 10-point rating system:

• 8.0–10.0 XP: Highly trusted — strong regulation, excellent feedback.
• 6.0–7.9 XP: Acceptable — regulated with generally positive reviews.
• Below 6.0 XP: Caution advised — complaints or regulatory concerns.
• Below 5.0 XP: Under Scrutiny — multiple red flags, possible fraud indicators.

Forex brokers fall into several categories:

• Market Makers: Take the opposite side of your trade — potential conflict of interest.
• ECN Brokers: Route orders directly to liquidity providers.
• STP Brokers: Straight-through processing without dealer intervention.
• DMA Brokers: Direct market access, institutional-grade.

Never take a broker's word for it:

• Visit the Regulator: Check FCA, ASIC, CFTC or CySEC official registers directly.
• License Number: Every legitimate broker has a verifiable license number.
• Clone Brokers: Scammers mimic legitimate names — verify the exact legal entity.
• Sanctions History: Search for regulatory fines or enforcement actions.

Watch for these red flags:

• No Regulation: Cannot produce a verifiable license number.
• Guaranteed Profits: Any promise of fixed returns is fraudulent.
• Withdrawal Problems: Bonus lock-ins, endless verification, or outright theft.
• Pressure Tactics: Urgency, "limited time" offers, personal account managers.
• Unrealistic Bonuses: 100%+ bonuses with impossible volume requirements.