Broker awards: what do they mean to you?

Brokers display awards from publications you've never heard of, and the awards are often pay-to-play. The scepticism they deserve is worth spelling out.

Broker awards: what do they mean to you? — risk-reward diagram
A risk-reward ratio of 1 to 2

What's your view?

  • whether awards influenced your choice
  • what you've learned about how they're given
  • the credentials you actually trust
Broker awards: what do they mean to you? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

The broker profiles skip the awards and show the regulators instead.

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