Broker execution scoreboard
Measured, not claimed
Slippage, fill latency and spread computed from real fills across connected accounts — never from reviews.
Best execution
Each metric compared per symbol against other brokers, scaled 0–100, then combined: 40% price accuracy · 30% speed · 30% spread
How the score works
Raw points mean different things on different instruments (one XAUUSD point ≠ one EURUSD point), so brokers are compared only where they trade the same symbol. Within each symbol, every metric is scaled 0–100 against the other measured brokers (best = 100), then averaged per broker weighted by fill count. The composite is 40% price accuracy (median slippage + tail p95), 30% fill speed, 30% spread. Brokers with fewer than 300fills or a single contributing account are shown as indicative and never ranked above qualified brokers. Cost per lot comes from users’ own trade history; commission models differ by account type, so it is shown for context and does not affect the score.
All measurements
Raw numbers behind the ranking — comparable across brokers only within one symbol
| Broker | Median slippage (pts) | p95 slippage (pts) | Median latency | Avg spread (pts) | Fills | Confidence |
|---|---|---|---|---|---|---|
| VT Markets (Pty) Ltd | 0.0 | 5.0 | 154 ms | 2.9 | 3,432 | 5 accounts |
| TradeMax Global Limited | 5.0 | 152.0 | 35 ms | 11.8 | 952 | 2 accounts |
| Ultima Markets Ltd | 0.0 | 0.0 | 134 ms | 4.7 | 899 | 2 accounts |
| Startrader Financial Markets Limited | 0.0 | 60.3 | 135 ms | 12.7 | 846 | 2 accounts |
| Fusion Markets Pty Ltd | 0.0 | 4.5 | 32 ms | 6.6 | 436 | 3 accounts |
| Blueberry Markets Pty Ltd | 0.0 | 67.1 | 167 ms | 19.9 | 420 | 1 account |
| Mega Fusion Group (Pty) Ltd | 8.0 | 94.3 | 102 ms | 9.8 | 394 | 2 accounts |
| CXM Direct LLC | — | — | 457 ms | 0.0 | 98 | 1 account |
Positive slippage = worse fill for the trader. Latency is broker-side processing (order received → filled), from order-history millisecond timestamps. Spread is read from the broker's own tick history at fill time. Data derives from broker-reported history; sample sizes and account counts are always shown.