Sample dataset. Every broker below is a fictional, illustrative profile built to demonstrate how ForxZen's ranking system works — not a real brokerage. Regulator tiers (FCA/ASIC/CySEC-class vs. offshore) are used correctly as a concept; the specific figures are for demonstration only. Always verify a real broker's licensing and terms directly with the regulator and the broker itself before depositing.
Northbridge Markets
Limassol, Cyprus · Founded 2013
Reviewed byElena Novak·Senior Forex & CFD Markets Analyst
Last reviewed:
Why this tier?
- Tier-1 regulation — CySEC (Cyprus, EU passported) and FCA (UK) both license the entity.
- Investor compensation scheme — Covered by CySEC's ICF, which protects a portion of client funds if the firm fails.
- Segregated funds — Client money is held apart from company funds, as EU rules require.
- Retail leverage cap honoured — Sticks to the ESMA-aligned 1:30 retail cap with no "offshore entity" leverage workaround.
Our Northbridge Markets review
Northbridge Markets is a steady, unglamorous STP broker — the kind our methodology tends to score well precisely because there is nothing exciting to report. Dual EU/UK regulation and ICF coverage give a real backstop if the firm ever ran into trouble, which matters more than a slightly tighter spread elsewhere.
The $200 minimum deposit is on the higher side of this sample set, and the platform lineup is basic (MT4/MT5 only), but execution has been consistent in our checks with no unexplained requotes.
✓ Pros
- +CySEC + FCA dual regulation, both Tier-1
- +Investor compensation scheme coverage (ICF)
- +No history of platform outages or withdrawal disputes in our checks
✕ Cons
- −Higher minimum deposit than most peers here
- −Limited platform choice (no cTrader or proprietary app)
EUR/USD spread
0.8 pips
0.5–1.4 pips Sample dataset · not live
Min. deposit
$200
Max. leverage
1:30 (retail)
Execution
STP
Platforms
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