WH Selfinvest Review

Rana Adnan | May 10, 2022

WH Selfinvest is an online trading broker that was founded in 1998 and regulated in multiple jurisdictions. The broker gives you access to trade 5000+ financial markets, including futures, CFDs, forex, and stocks, using an in-house trading platform along with other intuitive trading platforms. A decent number of trading tools and educational resources are available for you.

Broker Pros / Cons
  • Regulated by FINMA and CBF
  • Multiple financial markets
  • Variety of powerful & intuitive trading platforms
  • Useful trading tools
  • A selection of educational resources
  • Scalping, hedging and automated trading allowed
  • Demo accounts
  • SignalRadar
  • NinjaTrader
  • No inactivity fee
  • Limited payment options
  • Minimum $2,500 deposit
  • No MetaTrader 5 or cTrader platforms
  • No USA traders
  • No crypto trading
  • No crypto funding
  • No fixed spreads
  • No Trading Central
  • No AutoChartist
  • No Islamic accounts
  • VPS not free
  • Monthly fee for using NanoTrader
  • Funding fee

Summary

Based in Luxembourg, WH Selfinvest is a multi-regulated trading broker that allows traders to trade a wide variety of trading products using different trading platforms, including the proprietary Nano Trader. You are also provided with a range of trading and learning tools, whilst there is a client support team to assist you.

Regulation

WH SelfInvest is regulated by the following authorities:

The information on the broker’s website is not directed at residents of Belgium nor is it directed at residents of any particular country where the marketing or the use of the instruments contained on the website would be against local laws or regulations.

If you are from a country where WH SelfInvest does not provide its services in your country, you can consider using our compare brokers tool to find an alternative. Saxo Bank is a broker with multiple regulation licences that you may consider looking at.

Platforms

The broker provides traders with an in-house developed trading platform known as the NanoTrader. It is available in two versions: NanoTrader Free and NanoTrader Full. The award-winning trading platform is suitable for all kinds of traders and trading styles, and it is packed with a range of advanced trading features and functionalities, including charts, trading signals, scanners, screeners, order placement management, and support for automated trading. It is designed to work on tablets and smartphones.

WH Selfinvest NanoTrader

WH Selfinvest NanoTrader

In addition to the NanoTrader, you can use the MT4 trading platform for CFD/forex trading and a selection of other trading platforms, such as the NinjaTrader and SierraCharts for futures trading.

NanoTrader is an advanced trading platform with easy access through a web browser and mobile apps. Despite the inbuilt strategies, signals, and with all cool other features, I would like to stick to MT4. After all, no other broker provides NanoTrader, and the second thing is that the broker charges a monthly fee of €29 for NanoTrader premium. That’s my personal preference. So, you may choose what you consider better.

Many brokers provide NinjaTrader because of its popularity. I liked NinjaTrader more than NanoTrader, and you should also consider trying it.

If you are looking for a broker with MT5 to trade in stocks, please consider HYCM.

Tools

There is a vast array of useful trading tools on the broker’s website. They include automated technical analysis, screeners and scanners, SignalRadar, drawing tools, and charts.

I noticed WH SelfInvest provides VPS with a fee of €60 per month. Many brokers provide free VPS these days. Blueberry Markets is one of the brokers you should consider trying if you are looking for free VPS.

Unfortunately, I didn’t find standard research tools, including Trading Central and AutoChartist. If you agree with my opinion and want a broker with these tools, then GO Markets is worth considering as they provide both AutoChartist and Trading Central.

Last but not the least, WH SelfInvest does not offer copy trading and social trading. Social trading and copy trading are quite common these days as more people have started investing in financial markets. If you are a beginner trader looking for copy trading, AvaTrade is a good option for copy trading.

SignalRadar

SignalRadar displays real-time positions taken by various trading techniques. The primary SignalRadar has the following advantages:

  • Find active trades that are performing well
  • Easily identify trends
  • Examine skilled traders’ portfolios
  • Trade logically with the help of SignalRadar
  • Enhance your trading abilities
WH Selfinvest SignalRadar

WH Selfinvest SignalRadar

Education

WH Selfinvest provides you with a range of educational resources, such as webinars, seminars, ebooks, videos, newsletters, and more. I like that WH SelfInvest offers seminars and live webinars that are very useful for beginner traders as they help you interact with experienced traders and polish your trading skills. The broker’s news section is also admirable, with a variety of market news that is updated regularly.

WH Selfinvest Trading E-Books

WH Selfinvest Trading E-Books

If you are interested in a bundle of educational resources, try Admirals, as they have plenty.

Markets

WH SelfInvest offers over 5000 trading instruments from various asset classes, including futures, CFDs, forex, and stocks. However, WH SelfInvest does not offer cryptocurrencies and options. Cryptocurrencies and their derivatives are offered by many brokers such as XTB.

If you are looking for a broker with a vast array of products, I would suggest Swissquote.

Accounts

WH Selfinvest offers a live trading account. There is also a demo account for practice purposes. I think WH SelfInvest needs improvement in providing account types such as Swap-free Islamic accounts.

Support

The broker offers an excellent customer support team that is polite and prompt in response. They can be reached via telephone, email, Live Chat, and more. 24/5 during working hours.

If you want a broker with 24/7 customer support, EXANTE is the broker with 24/7 support.

Funding

Deposit and withdrawal requests at WH Selfinvest are processed using bank wire transfers.

Funding is another area that needs improvement as the broker only offers wire transfers for funding, and there are certain fees of €5 per transaction. If you are looking for a broker with many payment methods, including crypto funding, then Hugo’s Way can be a good alternative.

Signup

Account opening can be done in three ways: online application, mail, and appointment. Each requires the applicant to fill out an account application form.

WH Selfinvest Account Opening Page

WH Selfinvest Account Opening Page

Compare

Compare Broker (vs Our Top 3 Brokers)
Broker FeaturesAvaTradeIGIC Markets
Founded200619742007
RegulatedASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSAFCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFFASIC, CySEC, FSA, SCB
CountryAustralia, Ireland, South Africa, Japan, British Virgin IslandsAustralia, UK, USA, Switzerland, UAE, Singapore, JapanAustralia, Seychelles, Bahamas, Cyprus
Min. DepositMin $250 DepositMin $100 DepositMin $200 Deposit
CommissionFrom $0From $0From $0
SpreadsFixedVariableVariable
Leverage1:4001:2001:500
InstrumentsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFsForex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs
PlatformsMetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, MobileMetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, MobileMetaTrader 4, MetaTrader 5, cTrader, Web, Mobile
TypeMarket Maker, STPSTP, ECN, DMAECN
FundingWire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, SkrillWire Transfer, Credit/Debit Cards, PayPalWire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli
Visit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit Broker

Conclusion

WH SelfInvest is a European Forex broker that is based in Luxemburg but has offices in France, Germany, Belgium, Netherlands, and Switzerland. They provide you with multiple intuitive trading platforms to enable you to trade several financial markets. There is a selection of educational resources and some useful trading tools, whilst a client support team is available to assist. They are regulated in multiple jurisdictions.

The bottom line is I liked WH SelfInvest’s market offerings and multiple trading platforms, but eliminating funding fees and platform fees and adding research tools, copy trading and cryptocurrencies will make WH SelfInvest worth trying for many traders.

WH Selfinvest Logo

Min $2,500 Deposit

Founded in 1998, WH Selfinvest is an online trading broker that has multiple platforms to trade various financial markets, including Futures, CFDs, Forex & Stocks.

Between 72.5% of retail investor accounts lose money when trading CFDs with this provider.

About the Author

Rana Adnan
I am an introverted long-distance runner and a Forex trader with more than 7 years of experience. Reminiscences of a stock operator was the first book that changed the whole concept of trading for me.

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