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Proof6 minUpdated Feb 2026

Transparency Report

Key Takeaways

  • Milton Prime publishes monthly transparency reports covering execution quality, rejections, and slippage.
  • Reports show percentile data (p50/p90) — you see typical AND worst-case scenarios.
  • All data is independently audited and available for download.

What is a Transparency Report?

A transparency report is a detailed monthly analysis of execution quality at Milton Prime. It covers:

  • Average slippage: Median and percentile (p50, p90, p99) slippage across all trades.
  • Execution speed: Average latency from order placement to fill.
  • Rejection rate: Percentage of orders rejected due to market conditions.
  • Spread analysis: Typical and maximum spreads by instrument.
  • Volume metrics: Total trades, total lots traded, peak trading hours.
  • Comparison to competitors: How Milton Prime stacks up against other brokers.

Why Percentiles Matter

A broker might brag about "average slippage of 0.5 pips," but that hides the truth. With percentiles, you see:

  • p50 (median): 50% of trades are better; 50% are worse.
  • p90 (90th percentile): 90% of trades are better; only 10% are worse.
  • p99 (99th percentile): The worst 1% of trades.

Milton Prime's reports show all three. If our p50 slippage is 0 pips but p90 is 2 pips, you know typical conditions are great but volatile conditions can cost you. That's honest.

Accessing Transparency Reports

Every month, Milton Prime publishes our transparency report on our website. You can:

  1. Visit the Proof section of our website.
  2. Find the current month's transparency report.
  3. Download as PDF to review in full detail.
  4. Browse historical reports to track our performance over time.

Independent Auditing

Our transparency reports are independently audited by third parties to ensure accuracy. We don't just self-report numbers—external auditors verify our metrics and methodology.

This ensures you get the truth, not marketing spin.

Using Reports to Compare Brokers

When comparing Milton Prime to other brokers, always ask for their transparency reports. If they don't have one, that's a red flag. Compare:

  • Execution speed (latency).
  • Slippage percentiles (especially p90 and p99).
  • Rejection rates under normal and volatile conditions.
  • Spread consistency.

Milton Prime's reports are fully transparent and independently verified. Use them as your baseline when evaluating other brokers.