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The Broker Bench
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The Broker Bench

Independent research on trading platforms, brokers and prop firms — tested against a published checklist.

Reference

Forex market hours: when each session opens and closes

The four sessions in UTC, why three of them move twice a year and Tokyo never does, and which overlap actually carries the volume.

Verified 5 August 2026
Execution

ECN, STP and market maker: how your broker actually makes money

Three execution models, one question that matters — does the broker profit when you lose? And why the label on the account page rarely settles it.

Verified 5 August 2026
The Bench

We check trading platforms against one published checklist — the same for every company, whether or not it advertises with us. Where something could not be confirmed, the page says so.

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Also published
Reference

Leverage limits by regulator: why the same broker offers 30:1 here and 500:1 there

The caps in the EU, UK, Australia and the US — and what it means when a broker offers you far more than any of them allow.

Verified 5 August 2026
Platforms

MT4 vs MT5: what actually differs, and which one you should ask for

MetaQuotes stopped selling new MT4 licences, but MT4 is still running at dozens of brokers. Here is what separates the two platforms in practice.

Verified 5 August 2026
Sections

Broker reviews

Licences checked in the regulator's own register, costs recorded with the date they were taken.

Prop firms

Evaluation rules, payout terms and what happens when a firm quietly changes them.

Safety checks

Is this platform a scam? The same questions asked of every company, in the same order.

Latest reviews

In preparation

First broker reviews are published only once regulatory status has been verified in the regulator's own register. Nothing here is republished from a company's marketing material.

We may be paid when readers open accounts through some links — see the advertising disclosure. This never changes a score. Trading leveraged products carries a high risk of losing money; read the risk disclaimer.