How We Review

TL;DR: Every checkable fact on this site — minimum deposits, licences, operating entities, regulator warnings — is verified against a primary source: official registers, the platform's own published terms, app-store listings. When something can't be verified, the page says so instead of repeating marketing claims. We disclose exactly which platforms pay us commissions and which don't, on every page and in our Affiliate Disclosure.

What This Site Actually Is

BrokerGrove is an independent review site covering fixed-time / binary options platforms — Stockity, Pocket Option, Binomo, Deriv, Exnova, IQ Option, Quotex and others. We apply the same evaluation criteria to every platform, whether it pays us a commission or not.

Most of these platforms operate offshore, outside the regulatory protections traders in the US, UK or EU take for granted. That is exactly why we focus on what can be verified: who operates the platform, under what oversight, and what happens to your money.

How We Evaluate a Platform

1. Platform Facts, Verified

Every figure we publish — minimum deposit, minimum trade, demo account terms, asset counts, payment methods — is checked against the platform's official website, terms of service, and app-store listings, and dated. When platforms change their terms, we update the pages and the "last updated" date changes with them.

2. Regulatory Research

Platform marketing and regulatory reality are often different things. For each platform we check:

• Official regulator registers for any licence the platform actually claims — for example the VFSC (Vanuatu), MISA (Comoros), MFSA (Malta), FSA (Seychelles) or CySEC (Cyprus)
• Regulator warning lists and enforcement actions — such as India's RBI Alert List, Indonesia's Bappebti actions, or SEC warnings in African markets
• Local guidance for our readers' countries — including BSEC (Bangladesh) and SECP (Pakistan) notices on offshore trading platforms

We link to the primary sources so readers can verify independently. We don't take any platform's own description of its regulatory status at face value.

3. Transparency Verification

For every platform we track the disclosed operating entity, jurisdiction, licence number and official register entry in our Platform Transparency Tracker — a downloadable dataset re-verified quarterly against primary sources. If an entity or licence cannot be confirmed from an accessible primary source, we record it as not independently verified. That is a real category on this site: our Quotex pages, for example, state that the platform's operating entity could not be independently verified — we publish that instead of guessing.

4. User Experience Research

We read trader forums, Telegram groups, and app-store reviews (Google Play, App Store) where users share their actual experiences — particularly around withdrawals. This material is always labelled as user reports, kept distinct from verified facts. Where user reports consistently contradict a platform's official claims, we say so.

Our Ratings

Some reviews carry a score out of 5. The score is our editorial assessment — not a safety guarantee — weighing four things:

A platform that pays us a commission gets no boost, and a platform that pays us nothing gets no penalty — the criteria are the same for everyone.

What We Don't Do

• We don't accept payment for favorable coverage. No platform can pay to improve how we describe it.
• We don't claim testing we haven't done. Where a page relies on user reports or platform documentation rather than first-hand verification, it says so.
• We don't publish screenshots or data provided by platforms without independent verification.
• We don't omit known negatives to protect an affiliate relationship.

Update Schedule

Platform conditions change — interfaces, payment processors, terms, regulatory status.

Every page shows a "last updated" date. If a page hasn't been updated in over six months, treat it with appropriate skepticism and verify current terms directly with the platform.

Our Affiliate Relationships, Plainly Stated

We earn commissions from Stockity, Pocket Option, Binomo, Deriv, Exnova and IQ Option. We earn nothing from Quotex or Olymp Trade. That's a financial incentive to be persuasive about the platforms that pay us, and we acknowledge it.

The counter-pressure is this: we're writing for traders who have real money at stake. Misleading them might generate one registration; losing their trust means losing the site's long-term credibility. We've chosen to be direct about the risks — regulatory gaps, the high loss rates common in this product category, the limited consumer protections for offshore platform users — because that's what we'd want to know in their position.

For the full picture, read the Affiliate Disclosure page.