WH SelfInvest Review

1. What is WH SelfInvest?
2. WH SelfInvest Pros and Cons
3. Is WH SelfInvest Safe or a Scam?
4. Leverage
5. Accounts
6. Instruments
7. Fees
8. Spreads
9. Deposits and Withdrawals
10. Trading Platform
11. Customer Support
12. Education
13. Conclusion

Our Review Method

• 55Brokers Financial Experts with over 10 years of experience in Forex Trading check all trading offerings, regulations and licenses, fees, spreads, platforms, customer service, and placed traders to see trading conditions and give expert opinions about WH SelfInvest.

What is WH SelfInvest?

WH SelfInvest is a European online broker that provides Forex and CFD trading and investment services. It offers a range of trading instruments, including Forex, CFDs, stocks, options, and futures. 

Based on our research, the broker is headquartered in Luxembourg and is regulated and authorized by the Commission de Surveillance du Secteur Financier (CSSF). Additionally, the company has branches in France and Germany, being authorized by the French Prudential Supervision and Resolution Authority (ACPR) and the Federal Financial Supervisory Authority (BaFin) respectively.

In general, the broker offers a comprehensive range of financial solutions through advanced trading platforms.

WH SelfInvest Pros and Cons

Per our findings, the broker has both advantages and disadvantages that are important for traders to consider. On the positive side, WH SelfInvest offers a variety of financial instruments, allowing traders to diversify their investment portfolios. Additionally, the firm provides advanced trading platforms including widely used MT4, offering flexibility and choice to traders. Moreover, the broker holds regulatory licenses from reputable European financial authorities, ensuring compliance with high standards and providing enhanced client protection.

For the cons, the minimum deposit requirement is higher compared to other brokers. Additionally, the fee structure, including trading commissions and other costs, might be complex for some traders, therefore, users should thoroughly understand the fee details to avoid any surprises.

Overall WH SelfInvest Ranking

According to our analysis, WH SelfInvest provides reliable trading conditions with efficient execution of trades, which is an attractive option for all levels of traders. Additionally, the broker offers access to advanced trading platforms that allow users to trade well-known trading products.

• WH SelfInvest Overall Ranking is 8 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry-leading brokers.

WH SelfInvest Alternative Brokers

After considering multiple factors such as trading features, regulatory compliance, spreads, trading instruments, and user reviews, we analyzed and compiled a list of potential broker alternatives to WH SelfInvest.

• Fxview – Advanced Trading Platforms
• Trive Invest – Competitive Trading Conditions
• Cabana Capitals – Competitive Fees

Awards

Per our findings, WH SelfInvest has garnered recognition and accolades over the years. We have included a screenshot of some of these awards below.

Is WH SelfInvest Safe or Scam?

No, WH SelfInvest is not a scam. The broker is trustworthy ensuring a low-risk trading environment. It is regulated by Top-Tier European authorities and follows the strict rules and guidelines established by them.

Is WH SelfInvest Legit?

Yes, WH SelfInvest is a legit brokerage firm that holds the necessary licenses and follows regulations for offering Forex and CFD trading services. The broker’s compliance with industry standards is assured by its regulation under reputable European authorities which ensure compliance with established financial regulations and industry standards.

See our conclusion on WH SelfInvest Reliability:

• Our Ranked WH SelfInvest Trust Score is 8.5 out of 10 for good reputation and services provided. However, we recommended conducting your research, reviewing customer feedback, and considering personal factors before deciding to engage with the broker.

Client Trading Protection

According to our findings, WH SelfInvest places a strong emphasis on client trading protection by adhering to regulatory standards and implementing measures to ensure a secure trading environment. As a broker holding European regulatory licenses, the company is committed to safeguarding client funds and maintaining transparent and fair practices.

The use of encryption technologies, secure payment methods, and stringent compliance with data protection regulations contribute to creating a robust framework that prioritizes the security and protection of client trading activities.

WH SelfInvest Leverage

Using leverage in trading can be beneficial as it allows traders to access the market with a smaller capital investment. However, it carries the potential for significant gains and losses as well. Therefore, have a thorough understanding of how leverage operates and the potential consequences it can bring before engaging in leveraged trading.

WH SelfInvest leverage is offered according to CSSF, ACPR, and BaFin regulations:

• European traders are eligible to use a maximum of up to 1:30 for major currency pairs.

Account Types

Per our research, the broker provides a range of specialized account types to accommodate diverse trading preferences. Traders can opt for a Forex and CFD account, facilitating the trading of currency pairs and contracts for difference.

Additionally, the broker offers a Futures account for those interested in trading futures contracts. For investors focused on stocks, WH SelfInvest provides an Investment account, allowing users to engage in stock trading.

Opening WH SelfInvest Trading Account

Opening an account with a broker is quite an easy process, as you can log in and register with WH SelfInvest within minutes. Just follow the opening account or sign-in page and proceed with the guided steps:

• Select and Click on the “Open an Account” page
• Enter the required personal data (Name, email, phone number, etc.)
• Verify your data by uploading documentation (residential proof, ID, etc.)
• Complete the electronic quiz confirming your trading experience
• Once your account is activated and proven, follow with the money deposit.

Trading Instruments

WH SelfInvest provides access to popular trading instruments, such as Forex, CFDs, Stocks, Options, and Futures. The broker enables traders to diversify their portfolios and participate in various markets according to their individual preferences and trading strategies.

• WH SelfInvest Markets Range Score is 8 out of 10 for trading products overall which we rank as high also for offering some unique opportunities and investment options.

WH SelfInvest Fees

After examining the broker’s fee offering, we found that WH SelfInvest’s fee structure includes various aspects of trading. The broker charges trading commissions, especially in the case of certain instruments like Forex and CFDs. Additionally, traders should be mindful of bid-ask spreads, which can impact overall trading costs, particularly in dynamic markets.

While the broker has competitive fee structures, individuals should be aware of other potential costs, such as account-related fees or charges associated with specific trading platforms.

• WH SelfInvest Fees are ranked average with an overall rating of 7.9 out of 10 based on our testing and compared to over 500 other brokers.

 

Spreads

Based on our test trade, the broker provides competitive fixed and variable spreads with an average spread of 1 pip for the EUR/USD currency pair in the Forex market.

However, spreads can vary based on market conditions, volatility, and liquidity, so consult the broker’s website or contact customer support for detailed information on the spreads they offer for specific instruments and account types.

• WH SelfInvest Spreads are ranked low or average with an overall rating of 8 out of 10 based on our testing comparison to other brokers. We found Forex spread lower than the industry average of 1.2 pips and the spreads for other instruments are competitive too.

Deposits and Withdrawals

Per our research, the broker provides multiple funding methods to facilitate deposits and withdrawals for its traders. The funding options include bank transfers, credit/debit card transactions, and electronic payment methods. Traders can choose the method that suits their preferences and ensures efficient and secure transactions.

• WH SelfInvest Funding Methods we ranked good with an overall rating of 8 out of 10. Fees are low, and you can also benefit from various account-based currencies.

Here are some good and negative points for WH SelfInvest funding methods:

WH SelfInvest Minimum Deposit

The broker has a minimum deposit requirement of €500. While some brokers may offer lower minimum deposits, especially in highly competitive markets, WH SelfInvest provides traders with a relatively accessible entry point to start their investment journey with the broker.

WH SelfInvest Withdrawals

Based on our analysis, the broker provides a straightforward process for withdrawals, allowing traders to access their funds efficiently. The firm supports various withdrawal methods, such as bank transfers and electronic payments, with details available on their official website or through customer support.

Withdraw Money from WH SelfInvest Step by Step:

To initiate a withdrawal fund from your trading account, the brokerage firm provides a set of typical steps that can be followed:

1. Login to your account
2. Select Withdraw Funds’ in the menu tab
3. Enter the withdrawn amount
4. Choose the withdrawal method
5. Complete the electronic request with the requirements
6. Confirm withdrawal information and Submit
7. Check the current status of withdrawal through your Dashboard

Trading Platforms

WH SelfInvest offers a diverse selection of trading platforms to cater to the preferences of different traders. The widely used MT4 is available, providing advanced charting and analysis tools along with algorithmic trading capabilities.

Additionally, the proprietary NanoTrader platform and NinjaTrader, a popular trading platform known for its advanced features, are also offered, giving traders a range of options to choose from based on their individual needs and preferences.

• WH SelfInvest Platform is ranked good with an overall rating of 8.5 out of 10 compared to over 500 other brokers. We mark it as good since it offers advanced trading platforms.

WH SelfInvest NanoTrader

We found that NanoTrader is a proprietary trading platform offered by WH SelfInvest. Known for its user-friendly interface and comprehensive features, the platform caters to both novice and experienced traders. It provides advanced charting tools, technical analysis capabilities, and automated trading functionalities.

With a focus on simplicity and efficiency, NanoTrader aims to offer a seamless trading experience, making it a preferred choice for those looking for a versatile and intuitive platform for various financial instruments.

Customer Support

The platform provides 24/5 customer support via live chat, email, and a phone line. Additionally, the support team includes trading experts who can assist with technical support, analysis recommendations, general inquiries, and operational issues.

• Customer Support in WH SelfInvest is ranked good with an overall rating of 7.9 out of 10 based on our testing. The support team is responsive during working days, ensuring efficient assistance.

See our find and ranking on Customer Service Quality:

WH SelfInvest Education

Lastly, the broker offers a variety of educational resources to support traders in their financial journey. These include webinars, seminars, and educational articles covering a range of topics, from basic trading concepts to advanced strategies.

Additionally, traders can benefit from market analyses and insights provided by the platform, enhancing their understanding of market dynamics and potential trading opportunities.

• WH SelfInvest Education ranked with an overall rating of 8 out of 10 based on our research. We found that the broker offers good learning materials suitable for all levels of users to enhance their trading knowledge.

WH SelfInvest Review Conclusion

In conclusion, WH SelfInvest stands as a reputable brokerage with a strong commitment to regulatory standards, offering a diverse range of trading instruments and user-friendly platforms, including NanoTrader and MT4. The broker’s regulatory framework ensures compliance with stringent requirements, providing traders with a level of transparency and security.

Overall, we found that the broker provides a solid foundation for traders seeking a reliable and versatile trading experience within the European regulatory framework. However, we advise conducting your research and evaluating whether the broker’s offerings suit your specific trading requirements.

Based on Our findings and Financial Expert Opinions WH SelfInvest is Good for:

• European traders
• Currency trading
• Professional trading
• Investing
• Beginners
• Advanced traders
• Competitive spreads
• Good education and research
• EA/Auto trading
• Good trading tools