A broker scorecard template: categories and weights
Posted: Sun Nov 01, 2026 12:01 pm
Scoring brokers on a schedule, say twice a year, makes switching decisions less emotional. Here's a template structure; the weights are a suggestion to adjust to your own style.
A worked example: a broker that's cheaper by 0.1 pips but scores 2 on withdrawals may still lose to a slightly dearer one with a 5. That's a judgement the weights make explicit.
What weights would you change?
- All-in cost per trade (30%): spread plus commission, measured at your trading hours.
- Execution (25%): slippage distribution and rejection rate from your own fills.
- Withdrawals (15%): time from request to money received.
- Regulation and entity (15%): which regulator covers your account, not the group's best licence.
- Platform and tools (10%): stability, server location, VPS options.
- Support (5%): whether a technical question gets a specific answer.
A worked example: a broker that's cheaper by 0.1 pips but scores 2 on withdrawals may still lose to a slightly dearer one with a 5. That's a judgement the weights make explicit.
What weights would you change?