Free procurement worksheet · No signup
Choose your broker technology stack with evidence, not promises.
A practical 24-point checklist for broker, prop-firm and brokerage-technology decision makers evaluating trading platforms, CRM, bridges, PSPs and migration partners. Built for vendor comparison—not a vendor ranking or legal recommendation.
Proof before pricing
Ask for demonstrations, documented limits and contract clauses before comparing quotes.
Single accountable owner
Every integration, reconciliation and risk item needs an identified decision maker.
Test the exit
Portability, rollback and realistic service failure are commercial questions, not optional IT details.
Review area 1 / 6
Trading platform
Account ownership
Confirm account, transaction and client-data portability in contract and export tests.
Execution controls
Request written documentation of order routing, rejections, price handling and audit trails.
Capacity and resilience
Request capacity limits, monitored uptime history and a realistic failover exercise.
Commercial boundaries
Separate license, live accounts, usage limits, market data, support and extra modules.
Review area 2 / 6
CRM and client onboarding
System of record
Map ownership of KYC state, balances, cases, client identifiers and notes.
Integration surface
Verify API scopes, webhooks, rate limits, retries, error codes and sandbox access.
Roles and controls
Test access levels, maker-checker approvals and staff offboarding.
Export and deletion
Prove export, retention, erasure and lawful records handling with the provider.
Review area 3 / 6
Liquidity, risk and bridge
Routing paths
Document bridge/LP paths, failover and who can change settings.
Reconciliation
Reconcile trade reports, exposures, fees and P&L across platform and LP.
Controls
Test permissions, circuit breakers, max exposure and risk approval workflow.
Incident evidence
Request an incident escalation matrix and realistic restoration exercises.
Review area 4 / 6
Payments and compliance operations
PSP suitability
Confirm supported customer countries, instruments and business models in writing.
Settlement and fees
Document payment settlement, reserves, FX spread, chargebacks and refunds.
KYC/AML responsibility
Identify who owns screening, adjudication, record retention and escalation.
Regulatory review
Have qualified counsel validate entity/jurisdiction and all proposed activity before launch.
Review area 5 / 6
Migration and data assurance
Source data quality
Sample real schemas and identify unsupported or inconsistent fields.
Parallel operations
Test trial migration and documented discrepancy/reconciliation thresholds.
Rollback criteria
Specify hold points, revert owner and conditions that prevent cutover.
Customer communication
Plan required notices, credential/security changes and support capacity.
Review area 6 / 6
Contract, support and go-live
Acceptance criteria
Write observable success conditions for integration and every milestone.
Ownership and exit
Confirm IP, code escrow if relevant, data access and termination assistance.
Support coverage
List severities, response obligations, time zone coverage and escalation owners.
Launch sign-off
Record security, UAT, reconciliation, legal and business-owner approvals.
How to score the vendor comparison
For each question mark 0 when no evidence is provided, 1 when evidence is partial, and 2 when documented and independently demonstrated. Require a named owner, evidence URL and sign-off. There is no universal minimum score: a failure in data ownership, regulatory eligibility, reconciliation or cutover safety may be a veto even if the total is high.
What this guide is and is not
This is a vendor-neutral procurement checklist. It does not establish that a specific vendor is licensed or suitable for a particular jurisdiction, and it is not financial, legal or regulatory advice. Confirm service capability and local obligations independently.
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