Find Recommended Brokers
Finding the right broker for you is the first and most important part of the challenging quest to becoming a successful trader. Generating profits with online trading is not an easy task in itself, but the worst thing that could happen to any investor is to make money but then having problems getting it out. Many brokers are, simply put, scam artists, promising investors easy money and disappearing without a trace. Rotten roots of un-regulated and unreliable brokers are growing everywhere; In order to help combat this growing and dangerous trend, we have created and a constantly-updated list of our recommended brokers that offer promising reliable structure and security.
If you are looking for a broker that won’t scam you, we’ve got you covered, because on this page you will find a selection of the best brokers that offer stability, a reliable structure and top-notch security. All the brokers we recommend are fully regulated by major regulatory agencies such as CFTC(US), CySEC(EU), FCA(UK), FSA(JP), ASIC(AUS), etc. or fully trusted by us after very careful consideration and constant monitoring.
Please remember that choosing one of our Recommended Brokers from this list will save you a lot of headaches and will offer an increased level of protection but it will not shield you from all the risks carried by trading.
Notice: US citizens are prohibited from trading with EU regulated (CySec, FSA) brokers. Be advised: Trading with a non-regulated broker carries risk!
Why these Brokers are NOT a Scam?
The lists above are based on many hours of hard work and intense research about each and every broker. These recommended brokers have been approved due to their success answering two main questions: “Do they Suck?” and “Are they a Scam?” (literally). The first category, “Suck,” is questioning the level of the broker’s user-performance ability. The better score a broker receives in this category the better the broker is at supplying the needs of investors, whether it’s the trading platform, transactions availability, educational material or customer service. The second category, “Scam,” refers to the reliability of the broker. The only trusted brokers acceding this category are those who are regulated or are in progressing process of regulation. All other brokers are either found unsafe by our team or in high risk of scam, therefore are not qualified to pass the “Scam” test. That said, our team makes sure that every broker will be given the chance to prove themselves, as we continuously monitor and revise our broker reviews. The reason for constantly keeping an eye on these things is that some brokers, although not regulated, show great improvement and become more trustworthy with the passing of time. On the other hand, some start out good and show great promise but then fall short of expectations. It’s a constantly changing industry so we cannot simply put a broker name on our Recommended Broker’s list and leave it there forever. Brokers have changed a lot since their beginning, today we have many more regulated brokers and others that have proven to be worth our trust so they all have a chance to make it to the Recommended Broker’s list. Be sure to follow the latest news and reviews to keep updated with brokers rankings.
ThatSucks.com Broker’s Ratings Process
Our team is working hard to bring you the most up-to-date ratings for each and every broker featured on our list. Every broker is being carefully reviewed first by a team member, who creates a unique profile for the broker, then edited by our chief editor Martin Kay. Despite our own efforts, we know our opinion is not enough, so we’ve added another quarterly factor – users feedbacks. If traders rank a broker low, points will be deducted off the overall broker’s ratings. We know negative feedbacks are far more common than positive ones, so don’t be surprised when I say we give more weight to our team’s feedback. We do our best to prevent false complaints; however BOTS is an open source for user’s complaints, so every complaint is taken into consideration and included in the broker’s overall ratings. This is what we’re “trained” for, and this is our goal. We’ll update you on any major change in our broker’s ratings, so stay tuned.
Good Luck picking the right broker for you. We look for a second opinion from our visitors and members. Remember: Even the best brokers suck sometimes!
Honesty Comes First!
Honesty Disclosure – We indeed earn revenue by displaying advertisements throughout this website site; however we do not vouch for any of the advertised services presented in those ads. For the wise investor, make sure to read our reviews before depositing your money into any broker.