FAQ

What is FxLists?

FxLists is a broker reviews, ranking, and comparison site that helps you evaluate online trading brokers by regulation, costs, platforms, and key features.

Is FxLists a broker?

No. FxLists is not a broker and does not open accounts or hold client funds. We publish research and comparisons to help you choose a broker.

What does the FxLists Score mean?

The Score is a summary rating designed to help you scan brokers quickly. It is not investment advice and not a guarantee of safety or profitability.

How can I verify a broker’s regulation?

Check the regulator’s official register using the broker’s legal entity name and license number, then confirm the website domain and entity match the register entry.

Why do spreads and fees change?

Spreads are often variable and can widen during volatility. Brokers can also change commissions, swaps, and non-trading fees over time.

Does FxLists provide investment advice?

No. FxLists provides educational content and broker comparisons and does not provide personalized investment advice.

How do I know which broker entity I’m signing up with?

Check the broker’s signup terms for the legal company name + regulator + license number, then verify it on the regulator’s official register.

Why does “from 0.0 pips” still end up expensive?

Because you may still pay commissions, swaps/overnight fees, slippage, and non‑trading fees.

What is “execution quality”?

It’s how well your orders are filled (speed, slippage, rejections), especially during volatile markets.

Does FxLists include hidden fees like conversion and inactivity fees?

Yes—where we can confirm them, we include conversion, withdrawal, and inactivity costs in broker profiles/reviews.

Can brokers change fees or trading rules after I join?

Yes—brokers can update pricing, margin rules, or product access, so always monitor notices and terms.

What’s the difference between “best for beginners” and “best overall”?

“Beginners” focuses on simplicity + support + low friction; “overall” balances safety + costs + features.

Why do rankings differ by country?

Your country affects which entity you get, protections, leverage limits, instruments, and funding methods.

Is copy trading/social trading safe?

It can be risky—start small, set limits, and avoid strategies with unrealistic or short-term performance.

How do I avoid clone scams and fake broker websites?

Only use the official domain shown on the regulator’s register and ignore pressure tactics or “guaranteed returns.”

Do user reviews affect FxLists scores?

User reviews can highlight issues, but scores aren't driven by reviews because they’re easy to manipulate.