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Original Research345 brokers analyzedUpdated 2026

Broker Age & Trust: Does Older Mean Safer?

We analyzed 345 online brokers founded between 1473 and 2023 to answer a simple question: does a broker's age predict its trustworthiness? The answer surprised us — mid-era brokers (2005–2014) outperform both legacy institutions and newer entrants.

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345

Brokers Analyzed

2009

Median Founded

28%

Founded 2015+

1473

Oldest Broker

Average Rating by Era

Does age correlate with higher ratings? Not exactly — mid-era brokers score highest.

EraBrokersAvg RatingBestWorst
Legacy (pre-1990)583.184.432.66
Established (1990–2004)793.204.402.51
Mid (2005–2014)1103.304.192.78
New (2015+)983.093.962.56

Key finding: Mid-era brokers (2005–2014) have the highest average rating at 3.30/5. These brokers were established enough to build credibility but modern enough to embrace technology. The newest brokers (2015+) score lowest at 3.09/5 on average.

When Were Brokers Founded?

The 2010s saw an explosion of new brokers — 159 launched in a single decade, more than all previous decades combined.

1970s
10
1980s
22
22
1990s
54
54
2000s
66
66
2010s
159
159
2020s
8

The fintech boom of 2014–2019 drove most new broker launches. Since 2020, the pace has slowed significantly — only 8 brokers in our database were founded after 2019, suggesting market saturation.

Regulation Quality by Age

Older brokers hold more regulatory licenses on average — a meaningful trust signal.

Established (pre-2005)

1.6

avg. licenses

Mid (2005–2014)

1.7

avg. licenses

New (2015+)

1.3

avg. licenses

Mid-era brokers lead with 1.7 licenses on average. New brokers tend to start with a single offshore license and add more as they grow — if they survive.

What Age Really Tells You (and What It Doesn't)

Age ≠ Safety

Legacy brokers (pre-1990) average 3.18/5 — lower than mid-era brokers at 3.30/5. Some century-old institutions score poorly due to outdated platforms, high fees, and limited market access. Age alone is not a trust signal.

Regulation > Age

A 3-year-old broker with FCA + ASIC licenses is safer than a 30-year-old broker with only an offshore FSA license. Always check the regulator before the founding date.

Survival Bias Matters

We can only analyze brokers that still exist. Hundreds of brokers founded in the 2010s have already failed or been shut down by regulators. The ones that remain are the stronger survivors, which skews the data.

The Sweet Spot: 10–20 Years

Brokers founded 2005–2014 score highest (3.30/5 avg) and hold the most licenses (1.7 avg). They've proven they can survive market cycles while staying modern enough to compete on technology.

The 10 Oldest Brokers in Our Database

Financial institutions spanning over 500 years of history — from Renaissance-era banking to modern online trading.

#1UniCredit Brokerage
UniCredit Brokerage
1473· 553 years· 3.0
Visit
#2Charles Stanley Direct
Charles Stanley Direct
1792· 234 years· 2.8
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#3Westpac Share Trading
Westpac Share Trading
1817· 209 years· 2.8
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#4Erste Bank Securities
Erste Bank Securities
1819· 207 years· 2.9
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#5Swedbank Börshandel
Swedbank Börshandel
1820· 206 years· 3.1
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#6DNB Markets
DNB Markets
1822· 204 years· 3.1
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#7ANZ Share Investing
ANZ Share Investing
1835· 191 years· 2.8
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#8Sber Investments
Sber Investments
1841· 185 years· 3.1
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#9Old Mutual Securities
Old Mutual Securities
1845· 181 years· 2.9
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#10SEB Investor
SEB Investor
1856· 170 years· 3.1
Visit

Top-Rated New Brokers (Founded 2015+)

Proof that new doesn't mean bad — these brokers launched in the last decade and already rank among the best. Capital.com leads with 3.96/5.

#1Capital.com
Capital.com
2016· London, UK· 4.0
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#2Moomoo
Moomoo
2018· Palo Alto, USA· 3.7
Visit
#3Webull
Webull
2017· New York, USA· 3.6
Visit
#4Fusion Markets
Fusion Markets
2017· Melbourne, Australia· 3.6
Visit
#5NAGA
NAGA
2015· Hamburg, Germany· 3.5
Visit
#6Moneta Markets
Moneta Markets
2019· Cayman Islands· 3.5
Visit
#7Purple Trading
Purple Trading
2016· Limassol, Cyprus· 3.5
Visit
#8Skilling
Skilling
2016· Limassol, Cyprus· 3.5
Visit
#9Stake
Stake
2017· Sydney, Australia· 3.4
Visit
#10PrimeXBT
PrimeXBT
2018· Seychelles· 3.4
Visit

Related Reading

Methodology

This study analyzed 345 active online brokers in the BrokerRank database as of 2026. Founding years were sourced from official company registration records, regulatory filings, and verified company histories.

Broker ratings are calculated using BrokerRank's weighted scoring algorithm (regulation 25%, fees 20%, platforms 15%, trust 15%, UX 15%, markets 10%). Regulation counts include all known active licenses per broker.

For legacy institutions (banks, financial companies that added brokerage services later), the founding year reflects the parent institution. This explains entries dating to the 15th century.

Cite This Research

Journalists and researchers are welcome to reference this study. Suggested citation:

"BrokerRank's analysis of 345 online brokers found that mid-era brokers (2005–2014) score highest at 3.30/5 on average, while the newest brokers (2015+) average 3.09/5. The median broker was founded in 2009."
— BrokerRank Research, Broker Age & Trust Analysis 2026. brokerrank.net/research/broker-age-trust-analysis
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Frequently Asked Questions

Are older brokers safer than newer ones?

Not necessarily. Our data shows that brokers founded before 1990 average 3.18/5, while mid-era brokers (2005–2014) average 3.30/5 — the highest of any group. Age alone doesn't guarantee safety; regulation quality and business practices matter more.

What is the oldest online broker?

The oldest financial institution in our database offering brokerage services is UniCredit (founded 1473 in Italy). Among pure online brokers, Interactive Brokers (1977) and Charles Schwab (1971) are among the oldest.

Can I trust a broker founded after 2015?

Yes, but do your due diligence. 98 brokers in our database were founded in 2015 or later. The best-rated is Capital.com (3.96/5). Look for proper regulation — new brokers average 1.3 licenses vs 1.6 for established ones.

How many brokers were founded in the last 10 years?

28% of the 345 brokers in our database (98 brokers) were founded in 2015 or later. The peak year for new broker launches was 2017–2018, with 46 new brokers entering the market.