Regulation and license evidence
30 ptsLicense status, regulator quality signals, offshore status, revoked or suspicious records.
Scoring methodology
Scores should explain the evidence, not hide it.
FXICON scores brokers from 0 to 10 using a transparent internal model. The score is not investment advice. It is a structured research signal based on regulation, broker transparency, trading facts, platform evidence, user feedback, and source freshness.
0-100 evidence model
Score factors
Transparency
15 ptsOfficial website, domain, company identity, address, contact channels, and source citations.
Trading conditions
15 ptsMinimum deposit, leverage clarity, spreads, commissions, account types, and funding information.
Platform verification
12 ptsMT4/MT5 or other platform availability and whether the platform status is listed or verified.
Trader feedback
15 ptsApproved review rating, review volume, and unresolved complaint pressure.
Freshness and source confidence
13 ptsRecent editorial checks, reviewed citations, source URLs, verified badge, and profile completion.
7.0-10.0
Low risk
Strong evidence with no major active flags.
5.0-6.9
Medium risk
Useful profile, but some evidence or risk signals need attention.
2.5-4.9
High risk
Weak score, no-regulation status, or a major warning flag.
0-2.4
Extreme risk
Very weak evidence or severe license/risk concerns.
Risk intelligence
Flags that affect trader caution
The system generates visible flags when a broker has missing regulation, offshore-only evidence, stale review dates, missing contact channels, high leverage, unresolved complaints, low user ratings, no sources, or an unclaimed profile.
No verified regulation
License concern
Very high leverage
Open exposure reports
Needs fresh review
No sources recorded