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How We Test

Stock Broker Tester Methodology

 

Stock Broker Tester is an online stock broker review platform. We focus on reviewing the leading stock brokers within the financial industry by including all the most critical aspects. Our priority is to provide you with accurate information and ultimately help you find the Stock Broker that will suit your personal requirements.

 

We review each Stock Broker based on the exact same criteria to evaluate all the necessary aspects of each company perfectly.

 

Evaluation Formula

 

We evaluate four critical aspects of each Stock Broker.

 

Reviewed Aspects Explanation of Importance

Safety

We verify the legal standing of every stock broker by validating their registration as a company. Our primary focus is to pinpoint top-tier stockbrokers. Safety protocols also involve implementing additional layers to ensure a secure partnership with each broker. Key elements in this context include two-factor authentication (2FA), KYC software, and email verification.

Account Opening

We verify the account opening procedure by establishing genuine accounts with stock brokers to assess the simplicity of the process, the variety of available account types, and associated costs. Furthermore, we consider the documentation required to complete the process.

Trading Instruments

We verify the variety of trading instruments accessible via the stockbroker and the range of products they provide. A broker offering a wider selection of product types will receive a higher rating.

Trading Fees

We assemble an extensive inventory detailing all fees linked to different asset types, encompassing trading fees, non-trading fees, deposit and withdrawal charges, as well as commission fees. Our data gathering process involves extracting information from stockbrokers’ websites and customer support, then verifying its accuracy through actual trading with each broker.

 

Our values

 

Stock Broker Tester’s primary mission is to provide assistance to traders who are looking to find a reliable Stock Broker. Our review process is built on the following aspects:

 

 

    • 1. We prioritize conducting our operations with the utmost integrity as an organization. Our assessments are impartial and uninfluenced by any connections with stock broker companies.
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    • 2. Our assessment of stock broker companies is grounded in standardized criteria, ensuring fair and unbiased reviews of the most dependable brokers in the industry.
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    • 3. Transparency is our foremost concern, ensuring that our ratings stem solely from our direct experiences with the stock brokers under review.
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    • 4. As previously indicated, our thorough reviews are based on the firsthand experiences of our analysts, ensuring that each evaluation is shaped by genuine trading interactions with every individual stock broker company.

 

 

We are eager to hear your feedback! Let us know if you have questions or remarks about our reviewing

methodology. Get in touch at support@stockbrokertester.com.

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