Reviewer
Steffen Droll
Engine Forex Founder & Chief Editor
15+ years experience
Steffen Droll is the chief editor of Engine Forex. He set the scoring methodology every broker on the site is measured against, and he signs off on each review before it publishes, including checking every licence number against the regulator's own public register.
Published by Steffen Droll
Guide
MT5 Guide for Beginners: How to Trade on MetaTrader 5You just signed up with a broker. They handed you a login and told you to download something called MetaTrader 5. Now you are staring at a screen full of charts, numbers, and buttons you have never seen before. Sound familiar?
Jul 28, 2026
Broker review
IC Markets Review 2026: Raw spreads and fast execution for serious tradersIC Markets is an ASIC-regulated broker delivering tight raw spreads (from 0.0 pips, averaging 0.1 pips on EUR/USD), sub-40ms execution, and four platform choices. The trade-off? A USD $200 minimum deposit, leverage capped at 1:30 (AU), and minimal education. If you already know how to trade, IC Markets belongs on y
Jul 28, 2026
Guide
What Is Leverage in Forex? The Real Numbers on Risk and RewardHere is something the marketing pages skip over. One analysis citing ESMA data [reports a 74% loss rate among retail traders](https://forex.pm/forex-leverage-explained-what-beginners-must-know-before-trading) even at the regulated 1:30 cap on major pairs. Not 1:500. Not some offshore cowboy ratio. The conservative one.
Jul 27, 2026
Broker review
Fusion Markets Review 2026: Low-Cost Trading With a Regulatory Catch Worth UnderstandingFusion Markets has built its entire identity around one promise: cheaper trading. The numbers back it up. A $4.50 round-turn commission on the Zero account, spreads starting from 0.0 pips, and no minimum deposit make this broker genuinely hard to beat on cost. It holds an ASIC licence (tier-1), giving Australian trader
Jul 26, 2026
Broker review
Tickmill Review 2026: Strong multi-regulation with raw spreads from 0.0 pips- FCA, CySEC, DFSA, and Seychelles FSA licences all verified on official registers.
Jun 25, 2026