William Berg
William Berg is a financial expert with a background in law, business, and finance, bringing a wealth of experience to evaluating online brokers and trading platforms.
With an LLM from the Gothenburg School of Business, Economics and Law, William specialized in securities law and international trade, providing him with the expertise to assess the legal and regulatory aspects of brokerages.
He has worked extensively in the forex industry, offering localization services for leading trading platforms, and has consulted on IPOs in the Nordic market and fintech startups, giving him unique insights into payment systems and platform functionalities.
William’s experience as a writer and fact-checker for investment websites and financial publications has allowed him to apply his legal and business knowledge to review and compare brokers, ensuring traders make informed choices based on accurate, comprehensive information.
William has evaluated and audited brokers for many years. These numbers demonstrate his experience:
- Years of experience auditing brokers: 14
- Total brokers audited: 568
- Hours spent auditing brokers: 7256
- Number of different trading platforms and apps tested: 16 (third-party and proprietary)
- Number of trades placed: 3505 (private and test trading)
- Broker T&Cs audited: 568
- Regulatory licenses checked: 3282
- Trading scams and broker clones investigated: 2369
Outside of work, William keeps his permanent personal portfolio divided between real estate (60%), individual stocks (20%), and holdings in private companies (20%). He also maintains a speculative portfolio that he uses for forex, CFD and options trading. Half of the profits from this portfolio gets moved to the permanent portfolio.
William avoids cryptocurrencies because of their highly speculative nature. In his view, they lack fundamental value and are traded largely on psychology. He acknowledges that they have performed well as investments, but he still avoids them because of the lack of fundamentals and the difficulty this creates for valuation.
He also avoids gold and precious metals securities, as he does not believe they provide the safe-haven protection often promised. In his opinion, many issuers of such securities do not offer sufficient underlying gold coverage.
William stresses that he does not recommend that others copy his personal portfolio. For most people, investing in a mutual fund or ETF is a better approach than investing in individual stocks. He also recognizes that the large real estate allocation in his own portfolio provides less-than-ideal diversification.
Expertise
William Berg specializes in:
- Financial Securities
- Securities Law
- Stock Markets
- Financial Regulation
- International Trade Law
- Forex Trading
- Forex Trading Regulation
- Broker Dealers
- CFD Trading
- CFD Regulation
- Online Trading Platforms
- Broker Regulators
- Social Trading
Academic Background
William Berg is an alumni of:
Credentials
Profiles
William Berg can also be found on: