Online trading site promises to provide the most transparent process in the UK
With the popularity of online trading soaring and thousands of active traders in the UK, this has led to an increase in businesses recommending online brokerages. However, as major websites continue to recommend brokerages based on expert reviews, the lack of research behind this process has led to a loss of customer trust.
To combat this issue, Trading Guide has decided to do things differently, combining expert opinions with millions of trusted user reviews. These user reviews are collected from the App Store, Google Play, and Trustpilot in real-time and without any filter. As a result, every good and bad review given regarding a trading business is available to view on their website.
The data is then completed with detailed broker reviews created by a team of experts that have rigorously tested more than 70 brokers and trading platforms. This means that anyone looking to start trading online can compare every FCA-regulated online broker based on the opinion of experts and, significantly, other retail traders.
Leaders of the company added: “A few years back, we realized that every site that recommends brokers in the UK uses the same expert-based system and, thus, has the same recommendations. However, everyone knows that the most useful recommendations are not provided by experts but by peers. That’s why we decided to develop an algorithm that gathers millions of user reviews from the most trusted review platforms. And now, we’re excited to offer the most transparent brokerage comparisons to be found anywhere online”, says Mattias Lundkvist, CTO at TradingGuide.co.uk.
More Than Just Recommendations
TradingGuide.co.uk features more than just comparisons of different brokers. The site also offers traders the ability to invest in stocks, cryptocurrencies and forex, amongst a variety of other options. On their website, you can find guides on how to start trading and investing, as well as detailed explanations of popular trading strategies.