[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"market-strip-rates":3,"broker:corsair-fx":35,"brokers-all-review":78},[4,12,19,27],{"code":5,"label":6,"bid":7,"ask":8,"day_low":9,"day_high":10,"precision":11},"EURUSD","EUR\u002FUSD",1.08421,1.08434,1.0812,1.0921,5,{"code":13,"label":14,"bid":15,"ask":16,"day_low":17,"day_high":18,"precision":11},"GBPUSD","GBP\u002FUSD",1.27142,1.27158,1.2668,1.2784,{"code":20,"label":21,"bid":22,"ask":23,"day_low":24,"day_high":25,"precision":26},"USDJPY","USD\u002FJPY",155.182,155.201,154.61,155.74,3,{"code":28,"label":29,"bid":30,"ask":31,"day_low":32,"day_high":33,"precision":34},"XAUUSD","XAU\u002FUSD",2380.42,2380.88,2361.1,2394.6,2,{"slug":36,"name":37,"logo_url":38,"founded_year":39,"headquarters":40,"regulation_tier":41,"regulators":42,"eurusd_spread_pips":44,"spread_range":45,"min_deposit_usd":48,"max_leverage":49,"execution_model":50,"platforms":51,"score":53,"summary":54,"pros":55,"cons":58,"trust_factors":63,"review_body":76,"reviewed_at":77},"corsair-fx","Corsair FX",null,2020,"Kingstown, St. Vincent & the Grenadines","offshore",[43],"SVG FSA (registration only, not a trading licence)",1.8,[46,47],1.2,3.4,10,"1:2000","MM",[52],"MT4",42,"Business registration in an offshore jurisdiction, not genuine financial regulation — extreme leverage and a dealing-desk model with no disclosed conflict-of-interest policy.",[56,57],"Very low $10 minimum deposit","No documentation friction to open an account",[59,60,61,62],"SVG FSA registration is a business registry, not a financial regulator — no capital, conduct or client-money rules apply","1:2000 leverage can wipe an account on a routine market move","Market maker (MM) model with no disclosed policy on trading against client positions","No negative balance protection guarantee found in the public terms",[64,68,72],{"key":65,"label":66,"note":67},"regulation","Offshore \u002F registration only","St. Vincent & the Grenadines' FSA is a business registry, not a financial conduct regulator — this is a meaningfully weaker signal than any licensed tier.",{"key":69,"label":70,"note":71},"leverage-cap","Extreme leverage","1:2000 is far beyond any Tier-1 or Tier-2 retail cap and magnifies losses accordingly.",{"key":73,"label":74,"note":75},"execution-disclosure","Undisclosed dealing model","Operates as a market maker without publishing a conflict-of-interest or execution-quality policy.","\u003Cp>Corsair FX illustrates why \"regulated\" claims need checking against the actual regulator, not just a badge on a homepage. Its \"SVG FSA\" registration is a company registry entry in St. Vincent & the Grenadines, not a financial trading licence — there is no capital requirement, no conduct supervision, and no compensation scheme behind it.\u003C\u002Fp>\u003Cp>Combined with 1:2000 leverage and an undisclosed market-maker execution model, this sits at the bottom of our sample ranking. A $10 minimum deposit and no paperwork make it easy to open an account — that ease is itself a caution flag, not a benefit.\u003C\u002Fp>","2026-06-01",[79,123,159,190,223,250,277,287],{"slug":80,"name":81,"logo_url":38,"founded_year":82,"headquarters":83,"regulation_tier":84,"regulators":85,"eurusd_spread_pips":88,"spread_range":89,"min_deposit_usd":92,"max_leverage":93,"execution_model":94,"platforms":95,"score":98,"summary":99,"pros":100,"cons":104,"trust_factors":107,"reviewed_at":122},"meridian-fx","Meridian FX",2009,"London, UK","tier1",[86,87],"FCA","ASIC",0.6,[90,91],0.4,1.1,100,"1:30 (retail) \u002F 1:500 (pro)","ECN",[52,96,97],"MT5","cTrader",91,"Dual Tier-1 licensing, raw ECN spreads, and a leverage cap that actually follows the regulator's retail rules.",[101,102,103],"Regulated by two Tier-1 authorities (FCA and ASIC)","Raw ECN pricing with disclosed per-lot commission","Segregated client funds and negative balance protection",[105,106],"Commission is charged on top of the raw spread","No proprietary mobile platform — MT4\u002FMT5\u002FcTrader only",[108,111,115,119],{"key":65,"label":109,"note":110},"Tier-1 regulation","FCA (UK) and ASIC (Australia) both license the entity operating this brand.",{"key":112,"label":113,"note":114},"segregation","Segregated funds","Client deposits are held in segregated bank accounts, separate from operating capital.",{"key":116,"label":117,"note":118},"negative-balance","Negative balance protection","Retail accounts cannot lose more than their deposited balance.",{"key":69,"label":120,"note":121},"Retail leverage cap honoured","Caps retail leverage at 1:30 in line with FCA\u002FESMA rules; higher leverage is professional-only.","2026-06-18",{"slug":124,"name":125,"logo_url":38,"founded_year":126,"headquarters":127,"regulation_tier":84,"regulators":128,"eurusd_spread_pips":130,"spread_range":131,"min_deposit_usd":134,"max_leverage":135,"execution_model":136,"platforms":137,"score":138,"summary":139,"pros":140,"cons":144,"trust_factors":147,"reviewed_at":158},"northbridge-markets","Northbridge Markets",2013,"Limassol, Cyprus",[129,86],"CySEC",0.8,[132,133],0.5,1.4,200,"1:30 (retail)","STP",[52,96],87,"An EU-regulated STP broker with a straightforward fee schedule and a long, uneventful track record.",[141,142,143],"CySEC + FCA dual regulation, both Tier-1","Investor compensation scheme coverage (ICF)","No history of platform outages or withdrawal disputes in our checks",[145,146],"Higher minimum deposit than most peers here","Limited platform choice (no cTrader or proprietary app)",[148,150,154,156],{"key":65,"label":109,"note":149},"CySEC (Cyprus, EU passported) and FCA (UK) both license the entity.",{"key":151,"label":152,"note":153},"compensation-scheme","Investor compensation scheme","Covered by CySEC's ICF, which protects a portion of client funds if the firm fails.",{"key":112,"label":113,"note":155},"Client money is held apart from company funds, as EU rules require.",{"key":69,"label":120,"note":157},"Sticks to the ESMA-aligned 1:30 retail cap with no \"offshore entity\" leverage workaround.","2026-06-11",{"slug":160,"name":161,"logo_url":38,"founded_year":162,"headquarters":163,"regulation_tier":84,"regulators":164,"eurusd_spread_pips":90,"spread_range":165,"min_deposit_usd":168,"max_leverage":135,"execution_model":94,"platforms":169,"score":170,"summary":171,"pros":172,"cons":176,"trust_factors":179,"reviewed_at":189},"vantis-prime","Vantis Prime",2016,"Sydney, Australia",[87,86],[166,167],0.2,0.9,500,[96,97],89,"The tightest sample spread on this desk, paired with dual Tier-1 regulation — at the cost of a $500 entry point.",[173,174,175],"Tightest typical EUR\u002FUSD spread in this sample set","ASIC + FCA regulation with disclosed execution model","cTrader available for traders who want full depth-of-book visibility",[177,178],"Highest minimum deposit among the Tier-1 names here","No MT4 support",[180,182,185,187],{"key":65,"label":109,"note":181},"ASIC (Australia) and FCA (UK) both license the entity operating this brand.",{"key":73,"label":183,"note":184},"Execution model disclosed","Publishes its ECN routing and average execution speed rather than calling itself \"no-dealing-desk\" without detail.",{"key":112,"label":113,"note":186},"Client deposits are held separately from company operating capital.",{"key":116,"label":117,"note":188},"Retail accounts are protected from owing more than their balance.","2026-06-22",{"slug":191,"name":192,"logo_url":38,"founded_year":193,"headquarters":194,"regulation_tier":195,"regulators":196,"eurusd_spread_pips":91,"spread_range":198,"min_deposit_usd":200,"max_leverage":201,"execution_model":136,"platforms":202,"score":203,"summary":204,"pros":205,"cons":209,"trust_factors":213,"reviewed_at":222},"solace-capital-markets","Solace Capital Markets",2018,"Johannesburg, South Africa","tier2",[197],"FSCA",[130,199],1.9,50,"1:500",[52,96],74,"A genuinely regulated mid-tier broker — solid oversight, but a materially wider spread and much higher leverage ceiling than the Tier-1 names above.",[206,207,208],"Real regulatory oversight (FSCA), not a shell license","Low $50 minimum deposit","STP execution model, disclosed",[210,211,212],"1:500 leverage is high enough to amplify losses quickly for undisciplined traders","No Tier-1 (FCA\u002FASIC\u002FCySEC-class) licence yet","Spread is noticeably wider than the Tier-1 group",[214,217,219],{"key":65,"label":215,"note":216},"Tier-2 regulation","Licensed by the FSCA (South Africa) — a real regulator, but not yet in the FCA\u002FASIC\u002FCySEC Tier-1 bracket our methodology weights highest.",{"key":112,"label":113,"note":218},"States client funds are held in segregated accounts; unlike Tier-1 peers, this is not independently audited in the public record we reviewed.",{"key":69,"label":220,"note":221},"High leverage ceiling","1:500 is well above the Tier-1 retail cap of 1:30 — higher potential reward, but materially higher risk of fast losses.","2026-05-30",{"slug":224,"name":225,"logo_url":38,"founded_year":226,"headquarters":227,"regulation_tier":84,"regulators":228,"eurusd_spread_pips":229,"spread_range":230,"min_deposit_usd":231,"max_leverage":135,"execution_model":94,"platforms":232,"score":233,"summary":234,"pros":235,"cons":239,"trust_factors":242,"reviewed_at":249},"ridgeline-capital","Ridgeline Capital",2011,"Edinburgh, UK",[86],0.7,[132,46],250,[52,96,97],85,"A single-jurisdiction FCA broker — narrower regulatory footprint than the dual-licensed names, but a clean record and transparent ECN pricing.",[236,237,238],"FCA regulated with a clean public enforcement record","Transparent ECN pricing with itemised commission","Full platform choice (MT4\u002FMT5\u002FcTrader)",[240,241],"Single-regulator footprint (FCA only) vs. dual-licensed peers here","No non-UK entity for traders needing local regulatory coverage",[243,245,247],{"key":65,"label":109,"note":244},"FCA (UK) licensed; a single Tier-1 jurisdiction rather than the dual coverage some peers carry.",{"key":112,"label":113,"note":246},"Client deposits are ring-fenced from company funds, an FCA requirement.",{"key":73,"label":183,"note":248},"Publishes its ECN routing and commission schedule up front.","2026-06-04",{"slug":251,"name":252,"logo_url":38,"founded_year":253,"headquarters":254,"regulation_tier":195,"regulators":255,"eurusd_spread_pips":257,"spread_range":258,"min_deposit_usd":92,"max_leverage":260,"execution_model":136,"platforms":261,"score":262,"summary":263,"pros":264,"cons":267,"trust_factors":271,"reviewed_at":276},"amberlyn-markets","Amberlyn Markets",2015,"Port Louis, Mauritius",[256],"FSC Mauritius",1.3,[167,259],2.1,"1:400",[52,96],68,"A licensed but lightly-supervised jurisdiction, wider spreads, and a leverage ceiling most Tier-1 regulators would not permit for retail clients.",[265,266],"Holds a real (if lighter-touch) regulatory license","Wide range of tradable instruments",[268,269,270],"FSC Mauritius has materially lighter capital and conduct requirements than FCA\u002FASIC\u002FCySEC","1:400 leverage on retail accounts is a real risk amplifier","Widest typical spread among the regulated (non-offshore) names in this sample",[272,274],{"key":65,"label":215,"note":273},"Licensed by the FSC (Mauritius) — real registration, but with lighter capital-adequacy and conduct rules than a Tier-1 regulator.",{"key":69,"label":220,"note":275},"1:400 for retail accounts is far above what Tier-1 regulators permit outside a professional-client classification.","2026-05-14",{"slug":36,"name":37,"logo_url":38,"founded_year":39,"headquarters":40,"regulation_tier":41,"regulators":278,"eurusd_spread_pips":44,"spread_range":279,"min_deposit_usd":48,"max_leverage":49,"execution_model":50,"platforms":280,"score":53,"summary":54,"pros":281,"cons":282,"trust_factors":283,"reviewed_at":77},[43],[46,47],[52],[56,57],[59,60,61,62],[284,285,286],{"key":65,"label":66,"note":67},{"key":69,"label":70,"note":71},{"key":73,"label":74,"note":75},{"slug":288,"name":289,"logo_url":38,"founded_year":290,"headquarters":291,"regulation_tier":41,"regulators":292,"eurusd_spread_pips":294,"spread_range":295,"min_deposit_usd":11,"max_leverage":298,"execution_model":50,"platforms":299,"score":300,"summary":301,"pros":302,"cons":304,"trust_factors":309,"reviewed_at":319},"pallas-markets","Pallas Markets",2022,"Unlisted",[293],"None found in public record",2.4,[296,297],1.6,4.2,"1:3000",[52],31,"No verifiable regulator, the widest spread in this sample, and the highest leverage ceiling — the profile our methodology is specifically designed to flag.",[303],"$5 minimum deposit",[305,306,307,308],"No regulator we could verify in any public register","Widest typical spread in this sample set","1:3000 leverage — losses can exceed deposit in a single adverse move","No published registered company address",[310,313,315],{"key":65,"label":311,"note":312},"No verified regulator","We could not find this entity on any national financial regulator's public register.",{"key":69,"label":70,"note":314},"1:3000 is an outlier even among offshore brokers and warrants real caution.",{"key":316,"label":317,"note":318},"transparency","No published address","No verifiable registered company address was found in the terms we reviewed.","2026-06-09"]