i think the short answer to that has to be something like “subjectively and unreliably”!
this thread may help (it helped me to quite some extent) but there are more than 800 pages of it, and on reading it (i’d start near the end!) you’re still going to have to decide “who to believe and who to ignore”, i.e. who looks as if they know what they’re talking about and who doesn’t
there is a wealth of experience there, but it’s a huge job to plough through it all, make sense of it all, make judgments about it, and so on
but learning anything online is always going to be like that, isn’t it?
ultimately, most of your decision is based on second-hand information, isn’t it?
but definitely ignore any “information” on “review sites” with affiliate links!!
i think the important things are to ignore anyone with a promotional agenda, anyone who’s an “affiliate” or whatever, anyone “new” and so on
but it’s still subjective
next, after that, you need to immerse yourself in the detail, read the terms and conditions carefully, think about what’s a “catch” and what’s “sensible” and then look at the obvious questions like which are real companies with real names and addresses and phone numbers, and real people, who answers enquiries promptly and accurately, and so on
but it’s a huge job, however you look at it - i spent an enormous amount of time on it
i’ve made other posts here, recently, and suggested what i think are the best three companies to try with, after all the research i did about 6 or 7 months ago, but you’d still be taking my word for it, and there might be things you’d disagree with me about, and so on
so to be honest, there’s just no “easy answer” to what you’ve asked - sorry!!
he looked at only three, after i’d done all the “due diligence and assessment” for him, because he works part-time and i’m mostly retired now, so i had lots of time, and he trusted my judgment (there’s no real reason you should - you don’t know me!)
he checked out three of them, briefly, and then went with my third choice (FTMO) and it worked out well for him
that was the first one he tried, and he passed it with some pretty good luck (he said) and a following wind - he did have real trading skills, though, and had had plenty of success with demo accounts first, and some success with his own (very tiny) live account, otherwise he wouldn’t have paid FTMO to try their challenge
it seems reasonable (i know that’s from “Surge”) but so many do! that’s not a company i’d use, myself, and i wouldn’t have wanted him to use it either, and i said so at the time - it has some disadvantages compared with other alternatives, it seems to me (i’m not calling them crooks, or accusing them of anything terrible or dishonest - they certainly wouldn’t be my choice, though)
i think the best thing you can do is use currency futures, and go with TradeDay
if you really, really don’t want to do that, but to stick with spot forex (a bad call, in my opinion), i think it’s hard to do better, overall, than MyForexFunds, and FTMO remains my third choice … but hey, this is just one person’s opinion
good luck and VERY good wishes if you try one, Ponponwei!!
(my reservations about FTMO, although i fully trust their honesty and integrity, are the time-limit and the fact that they require 10% profit, which seems high to me - as against that, they allow as many free trials as you want, and they have cTrader available for the challenge, which is a big plus, in my view)