FAQ

Can a broker be added by request on BrokersExplorer?

Yes—send the broker’s name and what you want us to evaluate.

What’s “order execution”?

It’s how your trade gets filled—mainly the speed and the price quality you receive.

Does BrokersExplorer publish investment advice?

No—BrokersExplorer content is educational/informational and not personalized advice.

What should first-time traders focus on?

An easy platform, clear fees, solid learning resources, and helpful customer support.

How do deposits and withdrawals usually work time-wise?

Processing times depend on the broker and payment method—always review the broker’s funding policy.

Is BrokersExplorer meant to be independent?

We aim for objectivity by using consistent scoring rules rather than “who pays more.”

What does a “minimum deposit” mean?

It’s the smallest amount required to open or fund an account, and it differs by broker.

Do you ever use affiliate links?

Sometimes—affiliate links may support the site without adding extra cost for you.

What makes a broker “good”?

Transparent pricing, dependable trade fills, strong platform features, and trustworthy practices.

How does BrokersExplorer rank brokers?

BrokersExplorer scores brokers across core areas like fees/costs, platform quality, safety signals, and overall user experience.

What is leverage?

Borrowed exposure that can increase both gains and losses—use cautiously.

Do you test trading platforms hands-on?

Yes—usability, order tools, stability, and feature depth are all part of the review.

Are rankings identical for every trader?

Not always—the best choice depends on your goals, experience, and preferred markets.

What’s the spread?

The difference between the buy and sell price—often a built-in trading cost.

What kinds of trading fees can exist?

Commissions, spreads, overnight/financing fees, and sometimes withdrawal or inactivity charges.

How should I choose a broker in a sensible way?

Start with your goals and budget, then compare total costs, tools, and reliability.

Do you review mobile trading apps too?

Yes—focusing on usability, features, and stability on phones/tablets.

Can brokers pay to improve rankings?

Paid placement shouldn’t affect scores; rankings should follow the methodology.

How often does BrokersExplorer update broker reviews?

We refresh BrokersExplorer reviews when broker conditions change and revisit leading brokers regularly.

How do I reach BrokersExplorer?

Use the BrokersExplorer site contact options for questions, corrections, or partnership inquiries.