FXSharp is a global publishing platform that independently reviews forex brokers worldwide in terms of their regulatory status, trading conditions, and public record. Every broker review published on our site is prepared by simultaneously scanning the firm's official statements, public records of relevant regulators, and independent third-party sources. Our goal is to convey verifiable information — positive, negative, and neutral findings — with source attribution, which users need before making an account opening decision.
What is FXSharp?
FXSharp is an independent review publication established out of the need for transparent information before making decisions in the forex market. Our site publishes a wide range of broker reviews, from brokers licensed under FCA (UK Financial Conduct Authority), CySEC (Cyprus Securities and Exchange Commission), ASIC (Australian Securities and Investments Commission), NFA (US National Futures Association), FINMA (Switzerland), BaFin (Germany), MAS (Singapore), JFSA (Japan), CIRO (Canada), DFSA (Dubai) and other tier-1 regulators, to firms operating in offshore jurisdictions.
Our content is offered in twelve languages: Turkish, English, Chinese, Hindi, Spanish, Arabic, French, Bengali, Portuguese, Russian, Urdu, and Bulgarian. The same editorial standards, source verification protocol, and independence principles apply in every language.
Forex broker reviews fall into the content category that search engines classify as YMYL (Your Money Your Life). In such content, the reader is at a critical decision point before risking their capital. FXSharp is aware of this responsibility; it designs its content neither as an advertisement nor as a defamation tool. Our mission is to convey verifiable information along with its source.
What Sets Us Apart From Other Review Sites?
FXSharp is one of the few independent broker review platforms that adheres to three core principles:
- No affiliates. Our site does not contain any paid referral links directing to any broker. Our reviews are written based on which broker has the most verifiable profile in public records, not on which broker pays more commission.
- Unsponsored. No broker, financial institution, or marketing agency pays for FXSharp content; "featured", "recommended", or "sponsored"-looking ad placements are not present on our site.
- Editorial independence. Our rankings, scores, and evaluations are based entirely on editorial criteria. No broker can request a review to be deleted, changed, or positively revised by making a payment.
These three principles are rare in the industry. Most forex review sites derive their income from affiliate commissions; this directly or indirectly affects the content. FXSharp is built on a different model: our independence is based not on commercial partnerships, but on the belief that accurate information generates value on its own.
How Do We Prepare Our Reviews?
Every FXSharp broker review begins with a mandatory research protocol executed before content production. The process consists of six steps:
- Primary source scan: The firm's official website (about, regulation, terms, account types pages), contact information, and declared license numbers are recorded.
- Regulator verification: The relevant public record for each regulator declared by the firm is checked individually. License number, entity name, registration date, and active status are verified.
- Warning list scan: It is checked whether the firm is included in the FCA Warning List, CySEC warnings, ASIC banned/warning lists, NFA disciplinary actions, and blacklists published by other regulators.
- Jurisdiction checks: National regulator records that directly affect the local reader's interest are scanned (e.g., CMB for Turkish readers, SEBI for Hindi readers, CNMV for Spanish readers).
- Independent source verification: Firm evaluations from international professional review publications are compiled with date and source attribution.
- Platform verification: The registration status of the firm's MT4/MT5 servers with MetaQuotes and cTrader support are confirmed via Spotware.
The findings obtained from these six steps are classified into three categories:
- Verified positive finding: Active license, clean record, positive aggregate metrics.
- Verified negative or risky finding: Inclusion on a warning list, license revocation, investigation in public records.
- Undetectable information: Inability to verify a license declared by the firm in public records; missing or ambiguous data.
All three categories are included in the review. We do not hide negative findings; we do not invent non-existent positive features. Missing information is conveyed neutrally as "undetectable".
Our Editorial Principles
All FXSharp content adheres to four fundamental principles:
1. Prohibition of unsubstantiated subjective judgment. We do not use adjective-based claims such as "this broker is a scammer", "this broker is unreliable", "this broker is the best in the industry" unless they are linked to a public source. This rule covers both negative and positive superlatives.
2. Prohibition of two-way fabrication. Fictitious customer complaints, fake regulator warnings, non-existent licenses, unverified awards — none of these are included. For FXSharp, the risk of defamation and the risk of misleading advertising carry equal weight.
3. Prohibition of investment advice. Our content does not contain guiding sentences such as "open an account with this firm", "trade this currency pair", "this strategy is profitable". All sentences are in an informative and descriptive form.
4. Impartiality in comparison. We do not make "better/worse than X" type comparisons by naming brokers. Neutral reference to industry average or aggregate scoring with source attribution is used.
Our Scoring Methodology
In FXSharp reviews, each broker is evaluated in six categories: Overall Score, License, Business Model, Software/Platform, Risk Control, Regulation. Scores are on a 0-10 scale.
These scores are not certification values obtained from industry authorities; they are FXSharp's editorial assessment. Each category is calculated as a weighted combination of the following inputs: number of active regulators and their tier level, verification status of licenses in public records, company age and operational stability, number of platforms offered and MetaQuotes/Spotware verification, existence of protective mechanisms such as client fund segregation and negative balance protection, and average evaluation in independent review sources.
Our detailed scoring methodology is explained line by line on our Review Methodology page.
Multi-Language and Localization
The core of FXSharp's content is prepared by our editorial team; the content is then translated into twelve languages using a machine-assisted translation infrastructure. During the translation process, regulator names, license numbers, numerical data, and source URLs are preserved as they are — localization is performed only at the language layer, verified data remains unchanged.
In each language, the local regulator (SPK, SEBI, CNMV, AMF, BaFin, FSA Japan, and others) in the jurisdiction of that language's primary readership is given special importance in the review. A broker may be tier-1 regulated globally but may not be authorized in the reader's country; this difference is always clearly stated.