RESEARCH

WE SCORED FIFTY-ONE FIRMS ACROSS THREE CATEGORIES.

Three research notes, one per market we cover. Twenty crypto exchanges, twenty CFD brokers and eleven prop firms. Each note states the axes we scored, the weight we gave them, the table we built, what got firms rejected, and what changed our score on the ones we picked. We take a commission from the partners we selected, which is exactly why we publish the method.

  1. RESEARCH NOTE 01 · CRYPTO WE SCORED TWENTY CRYPTO EXCHANGES. ONE FIT WHAT NAIRO™ ACTUALLY NEEDS. NAIRO™ reads order flow, which makes exchange choice a data question before it is a fee question: if the book is thin, the footprint is noise. We scored twenty venues on depth, data quality, regulatory standing, custody transparency and cost, then picked the one whose tape is worth reading. SELECTED KuCoin KUCOIN READ THE NOTE →
  2. RESEARCH NOTE 02 · FX & CFDs WE SCORED TWENTY CFD BROKERS. THE ENTITY YOU SIGN WITH MATTERS MORE THAN THE SPREAD. Every CFD broker advertises tight spreads. Almost none lead with which legal entity you actually open with, and that single detail decides what protection sits behind your funds. We scored twenty brokers on regulation and fund safety first, pricing second, because that is the order in which those facts matter. Two won, for different jobs. SELECTED TMGMUltima Markets TMGM + ULTIMA MARKETS READ THE NOTE →
  3. RESEARCH NOTE 03 · PROP FIRMS MOST PROP FIRMS ARE MARKETING COMPANIES. WE LOOKED FOR THE ONE THAT PAYS. A funded account is only worth having if the payout actually arrives. That makes prop-firm selection almost entirely a question of solvency, payout record and rule fairness, not profit-split percentages on a landing page. We scored eleven firms and only one cleared every bar. SELECTED FTMO FTMO READ THE NOTE →
READ THE FULL NOTES INSIDE Scores, reasoning and rejections are published inside, misses included.

Educational market analysis, not investment advice. Trading involves substantial risk of loss and is not suitable for everyone.

THE CONFLUENCE SHOW

We don't predict. We keep score. Live market analysis, on the record, with the misses left in.

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