Laverlane

Our rating method

How we score
CFD brokers

Laverlane rates every broker against the same ten evidence categories, from public documents and regulator registers, never from a broker’s own marketing. Our brand test is a single question: what does it actually cost, and what are you actually agreeing to?

We call this True Trading Cost. A broker earns a high score by being transparent and fairly priced with a clean regulatory setup, not by having the loudest homepage. This page explains exactly how a score is built, so you can check our working and disagree with it.

Our approach

What “independent” means here

Laverlane is a review-and-education site, not a broker and not an introducing partner. We do our assessment by desk research: we read the broker’s own pricing pages, fee schedules and full Client Agreement, we confirm each licence on the regulator’s public register, and we cross-check third-party and community reports. We do not open live accounts or measure spreads and execution ourselves.

That shapes what we can claim. Anything about regulation, the legal entity, account terms and client-fund safety is verified from primary documents. Anything about cost and execution is reported: we treat it as a risk signal, require it from at least two independent sources within the last twelve months, and label it as reported rather than presenting it as a measured fact.

All figures are shown in US dollars ($) for comparability, even when a broker quotes in another currency.

Category weights

The ten categories and their weights

Every broker is scored on the same ten categories. The weights reflect what protects a trader most: regulation, cost and the safety of your money carry the most, and are deliberately weighted above features and support.

Regulation & Trust   20%

licences, entity routing, enforcement history

Trading Costs   18%

all-in spread, commission, swaps, non-trading fees

Client Fund Safety   14%

segregation, NBP, compensation scheme

Account Terms & Fair Dealing   12%

the full Client Agreement

Leverage, Margin & Risk Controls   8%

caps, margin close-out, tools

Instrument Coverage   8%

breadth across asset classes

Platforms & Tools   8%

platform choice, mobile, charting, reliability

Execution & Order Transparency   6%

model disclosure, execution stats

Funding & Withdrawal   4%

fees, speed, method flexibility

Support, Research & Education   2%

channels, hours, honest education

Total   100%

Headline scores

The five headline scores

On a review page we don’t show ten raw numbers; we group the ten categories into five headline scores, each shown out of 5. Each headline is the weighted average of the categories inside it.

Cost & fees   22%

Trading Costs + Funding & Withdrawal

Regulation & safety   54%

Regulation + Fund Safety + Account Terms + Leverage

Markets & instruments   8%

Instrument Coverage

Execution & orders   6%

Execution & Order Transparency

Platforms & support   10%

Platforms & Tools + Support, Research & Education

The method

How we turn evidence into a score

01

Every category starts at 100. We assume nothing is wrong until we can prove it is. No points are ever added for marketing claims or nice features.

02

We deduct only verified findings. Each deduction is tied to a specific, dated source. If we can’t verify a concern, we may note it as “unconfirmed” in the text, but we don’t deduct for it, and we don’t reward the broker for us not finding it either.

03

We convert each category to a 1.0–5.0 score. Score = 1.0 + ((100 − deductions) ÷ 100) × 4.0. Clean category → 5.0; heavily penalised → floors at 1.0.

04

We weight the ten into one composite. The overall score out of 5 is the weighted average using the table above, rounded to one decimal place.

05

We apply hard caps. A serious, verified red flag places a ceiling on the overall score no matter how good the rest is (next section). Caps set a maximum, not extra deductions, and the lowest applicable cap wins.

06

One badly failed category also caps the score. A weighted average can hide a single disaster, so it isn’t allowed to: if any category scores below 2.5, the overall score can’t exceed 3.9 (Good); below 2.0, it can’t exceed 3.4 (Average). A broker only reaches our top bands by having no seriously weak area at all.

The six-band scale

The overall score out of 5 maps to a named band and colour. We show the band word, the number and the colour together, never colour alone.

4.5–5.0

Exceptional

Strong across the board: transparent, clearly priced, clean entity.

4.0–4.4

Excellent

Very good, with no verified red flags.

3.5–3.9

Good

Sound overall, with one or two gaps.

3.0–3.4

Average

Usable, but read the terms carefully before you deposit.

2.0–2.9

Below average

Clear problems in more than one area.

1.0–1.9

Not recommended

Serious red flags, usually a hard cap. We would not deposit here. Always evidence-backed.

Score caps

Findings that cap the score, whatever else is true

Some findings are serious enough that a good average shouldn’t hide them. When we verify one of these, it sets a maximum overall score. If more than one applies, the lowest ceiling wins.

Active regulator warning or clone-firm alert

1.5 / 5

Offshore-only licences: no tier-1/2 cover for your region

2.5 / 5

No negative-balance protection

3.0 / 5

Retail leverage offered above 500:1

3.0 / 5

Terms allowing the broker to seize or void profits at its discretion

3.0 / 5

No compensation scheme of any kind

3.5 / 5

Entity routing matters most. If a broker advertises a tier-1 licence but the contract actually places you with an offshore entity, that fails our Regulation category outright and triggers these caps, because the licence on the homepage isn’t the one holding your money.

And one badly failed category caps the score on its own. If any single category scores below 2.5, the overall score cannot exceed 3.9; below 2.0, it cannot exceed 3.4, whatever the average says.

The evidence

Where our data comes from

Published pricing and documents

Spread and fee pages, fee schedules and the full Client Agreement: the broker’s own words, cited with the date we checked them.

Regulator registers

Licences and entity details are confirmed on the regulator’s own register (FCA, ASIC, CySEC and others), not from the broker’s claims.

Third-party and community reports

Independent data providers and trader communities help us flag cost and execution issues. We use these as signals, require at least two independent sources within twelve months, and always label them “reported”.

The rules we apply to every source

1. Every finding carries a source link and the date we verified it.

2. Cost and execution figures are marked “published” or “reported”, never blended into one number.

3. Any finding that trips a cap, or removes 25+ points, is archived (screenshot + web archive), because broker pages change.

4. We don’t embed third-party review widgets, logos or star ratings; we describe and link instead.

Keeping scores honest

Why our scores don’t all cluster near the top

Because every category starts at 100, a lazy review would hand almost everyone a top score. We guard against that on purpose. Across a set of brokers we expect a real spread of results, we watch the median so it can’t drift upward, and if no broker in a set trips a cap we take it as a sign we haven’t checked entity routing hard enough, and go back to the Client Agreements.

What this is not

A high score is a statement about transparency and verifiable risk, not a prediction that you’ll make money. CFDs are high-risk leveraged products and most retail traders lose money. A strong score never changes that.

Review updates

How current the data is

Markets and broker terms change, so a Laverlane Score reflects the information available at the time of our most recent review. We re-check fast-moving details such as spreads, swaps and overnight financing more often than slower-moving ones like regulation and account terms, and we revisit a review whenever something material changes. Every review shows the date it was last updated, so you can always see how recent our assessment is, and you should confirm current terms with the broker before you act.

Our limits

What we will not do

1. We don’t give personal investment advice, and a score is not a recommendation to trade.

2. We don’t take payment to raise a score, and commercial arrangements never change how a broker is rated.

3. We don’t deduct for concerns we can’t verify, and we don’t reward a broker for being hard to check.

4. We don’t measure spreads or execution ourselves; those figures are reported, and we say so.

Corrections

If we have something wrong

Brokers change their terms, and despite our verification process we can make mistakes. If you spot an error in a licence, a fee, a term, or a score you believe is unfair, email official@laverlane.com with a link to your evidence. We check every report, correct verified errors, and note material corrections on the affected review.

See how brokers actually score

Now that you know the method, browse the reviews and see where each broker gains and loses points.

Browse broker reviews

General CFD risk warning

CFDs are complex leveraged products and carry a high risk of rapid losses. They do not give you ownership of the underlying asset. Depending on your jurisdiction, broker entity and client classification, protections such as leverage limits and negative-balance protection may differ or may not apply. Where negative-balance protection is not provided, losses may exceed the funds you deposit. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

Disclaimer

This page is provided for general information only. Nothing on this page constitutes investment, tax or trading advice, or a recommendation to open an account or trade with a particular broker. Laverlane does not provide personalised investment advice. We are not a broker or financial institution, we do not arrange or execute trades, and we do not hold client funds.

Broker availability, spreads, fees, leverage, products and legal protections, including compensation schemes and negative-balance protection, vary by the broker’s legal entity, your country of residence and your client classification, and may change over time. Where a broker is required to publish its retail CFD loss rate, that figure is shown on its review page. Spreads shown are typical figures as at our verification date; they are not guaranteed and may widen, particularly during volatile market conditions.

Laverlane Scores reflect the information available at our most recent review. They are editorial assessments, not guarantees of a broker’s financial strength, reliability or future performance. Where we report a regulator warning or enforcement notice, it reflects the official public information available at the time of our review.

Links to brokers take you outside Laverlane. We are not responsible for a third-party website’s content, privacy practices, security or handling of any data you provide. Our research may be compiled with AI assistance and is checked by our editorial team against available sources before publication.

Always verify the broker’s current terms, regulatory status, product availability and eligibility directly with the broker before opening an account or depositing funds.