Observatory

Profiles, not rankings.
Measurements, not ratings.

Every broker gets the identical battery. No composite 1–10 — a single editorial number is exactly the judgment surface corruption needs. Multi-dimensional measured profiles are both the honest form and the unfakeable form.

Methodology pre-registers before broker #1 is measured. Raw artifacts will publish content-hashed and recomputable. Being the only reviewer on earth whose reviews can be re-derived is the moat. See full methodology

Why no composite score?

A single 1–10 number is the judgment surface corruption needs. It's also meaningless — a trader who needs tight Asian spreads has different requirements from one who needs low swap costs. Multi-dimensional profiles let you weight the dimensions that matter to your execution.

What we measure

The fidelity battery — six dimensions

Each dimension is measured identically across every broker. The methodology publishes before the first measurement; every artifact ships content-hashed.

  1. 1
    Publication cadenceHow fast does the feed tick? Measured as the floor and distribution, not the mean.
  2. 2
    Bid-ask coordinationDo bid and ask update together or independently? Sentence structure matters.
  3. 3
    Staleness distributionPer-side age of quotes before update. Asymmetric staleness signals structural issues.
  4. 4
    Spread regimesHow many distinct spread states exist, and what triggers transitions? Most users assume one.
  5. 5
    Freeze / rollover behaviourWhat happens to the feed during contract rollover and during overnight freezes?
  6. 6
    Non-crossing enforcementCan bid ever cross ask? If yes, that's an infrastructure disclosure, not a feature.

The Gag-Free Partner Filter

We hold IB relationships only where our right to publish measurements is contractually unrestricted.

Clean-feed brokers have no rational reason to gag an instrumented reviewer; the partner pool self-sorts in our favor before a tick is captured. If a partner introduces publication restrictions later, the partnership ends and the profile stays.

Portrait Pipeline

Broker portraits

IC Markets

Raw Spread Account · EURUSD
First in queue
Pending
Cadence floor
—
NOT YET PUBLISHED
Coordination
—
NOT YET PUBLISHED
Spread regimes
—
NOT YET PUBLISHED
Non-crossing
—
NOT YET PUBLISHED
Tick depth (sample)
—
NOT YET PUBLISHED
Event clock
—
NOT YET PUBLISHED
Staleness (bid)
—
NOT YET PUBLISHED
Staleness (ask)
—
NOT YET PUBLISHED
sha256: published with the artifact, computed from its bytes
Artifact download at launch
Recomputable by design

Pepperstone

Razor Account · EURUSD
Queued
Pending
Cadence floor
—
awaiting measurement
Coordination
—
awaiting measurement
Spread regimes
—
awaiting measurement
Non-crossing
—
awaiting measurement
Methodology publishes before measurement · battery queued
Queued
Upcoming

Next in the queue

  • FP Markets
    QUEUED
  • Tickmill
    QUEUED
  • Fusion Markets
    QUEUED
  • GO Markets
    QUEUED
  • Blueberry Markets
    QUEUED
  • Your broker?
    REQUEST