WH Selfinvest Review 2020
WH Selfinvest is an online trading broker that was founded in 1998 and regulated in multiple jurisdictions. The broker gives users access to trade multiple financial markets, including futures, CFDs, forex, and stocks, using an in-house trading platform along with other intuitive trading platforms. There is a selection of trading tools and educational resources available to clients.
WH Selfinvest Review 2020, Pros & Cons
- Multiple financial markets
- Variety of powerful & intuitive trading platforms
- Some useful trading tools
- A selection of educational resources
- Limited payment options
- Minimum $2,500 deposit
- No MetaTrader 5 or cTrader platforms
- No USA traders
In this detailed WH Selfinvest review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Who Selfinvest is not ranked in our best forex brokers, best stockbrokers, best CFD brokers, best crypto brokers, or best online brokers categories. You can use our free broker comparison tool to compare online brokers including WH Selfinvest.
WH Selfinvest Review: 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. Traders are also provided with a range of trading and learning tools, whilst there is a client support team to assist them.
WH Selfinvest Review: Regulation
WH SelfInvest is regulated by the following authorities:
- Commission de Surveillance du Secteur Financier (CSSF of Luxembourg)
- The Luxembourg Ministry of Finance
- The Financial Services and Market Authority (FSMA of Belgium)
- The Autoriteit Financiële Markten (AFM of Netherlands)
- The Autorité de Contrôle Prudentiel et de Résolution (ACPR of France)
- Banque de France (Central Bank of France)
- The Bundesanstalt für Finanzdienstleistungsaufsicht (BAFIN of Germany)
- The Swiss Financial Market Supervisory Authority (FINMA of Switzerland)
WH Selfinvest Review: Countries
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.
Some WH Selfinvest features and products mentioned within this WH Selfinvest review may not be available to traders from certain countries because of legal restrictions.
If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers Australia, best brokers South Africa, best brokers Canada or our best brokers for all other countries.
WH Selfinvest Review: Trading 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.
In addition to the NanoTrader, clients 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.
WH Selfinvest Review: Trading 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.
WH Selfinvest Review: Education
WH Selfinvest provides traders with a range of educational resources, such as webinars, seminars, ebooks, videos, newsletters, and more.
WH Selfinvest Review: Trading Instruments
The broker offers futures, CFDs, forex, and stocks.
WH Selfinvest Review: Trading Accounts & Fees
WH Selfinvest offers a live trading account. There is also a demo account for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this WH Selfinvest review. It is imperative to ensure that you check and understand all of the latest information before you open a WH Selfinvest broker account for online trading.
WH Selfinvest Review: Customer Service
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.
WH Selfinvest Review: Deposit & Withdrawal
Deposit and withdrawal requests at WH Selfinvest are processed using bank wire transfers.
WH Selfinvest Review: Account Opening
Account opening can be done in three ways: online application, mail, and appointment. Each requires the applicant to fill out an account application form.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
WH Selfinvest Review: 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 traders with multiple intuitive trading platforms to enable them 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.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72,5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Futures are complex instruments subject to unpredictable changes in price. They are financial instruments that offer the investor the possibility to use leverage. The use of leverage implies the risk of losing more than the total value of the account.