2026 · New category
Every retail broker in our review buys its liquidity from somewhere. This category reviews the somewhere: firms that brokers, funds and prop desks clear through. Because these are B2B counterparties we cannot open a funded account with, the method is an evidence audit — licences read on the regulator's own register, engineering claims specific enough to be falsified, and the disclosures a firm makes about what it is not.
Evidence scores run 0–100: licence verification, disclosure quality and the share of claims a counterparty can actually test.
| Provider | Registered entity | Licence | Venues | Evidence score | |
|---|---|---|---|---|---|
| Drovix | Drovix (MU) Ltd | FSC Mauritius GB21026813 ↗ | 4 data centres | 78 | Full report |
Institutional liquidity providers are not ranked against retail brokers and cannot appear in the retail leaderboard: the eligibility, protections and review method differ. Counterparty decisions belong to the institution's own due-diligence process.
A young but unusually well-documented LP. The licence is a genuine tier-2 authorisation stated without inflation, the engineering claims are specific enough to be held to, and the disclosure of what the firm is NOT is cleaner than most tier-1 brands manage. Entry point for counterparties: sandbox first, scale on measured results.