WHSelfInvest Review: Is WHSelfInvest Legitimate and Trustworthy?
It’s time to take a look at our WHSelfInvest review! This is a leading online broker in the financial industry for obvious reasons. In this article, we will investigate WH SelfInvest and its unique advantages. The analysis will include trading assets, platforms, trading environment, and trader reviews. By the end, you will know whether WH SelfInvest is the right broker for your investment needs. Keep reading!
Founded in 1998, WH SelfInvest S.A. has established itself as one of the leading brokers in Europe. They specialize in FX and CFD trading. With its headquarters in Luxembourg, the company has expanded its reach with offices in Frankfurt, Paris, and Zürich. It serves a broad range of clients in over 28 different lands worldwide.
Before diving into the details, addressing WH Self Invest’s legitimacy is rudimentary for us. As of our knowledge, WH SelfInvest is a regulated broker ratified by top-notch financial authorities. Yet, staying up-to-date with the latest information is critical. Checking for any regulatory warnings is also indispensable. Avoid brokers with regulatory warnings like CTmatador or any other similar entity.
WH SelfInvest is regulated by:
- Commission de Surveillance du Secteur Financier (CSSF of Luxembourg)
- Luxembourg Ministry of Finance
- Financial Services and Market Authority (FSMA of Belgium)
- Autoriteit Financiële Markten (AFM of Netherlands)
- Autorité de Contrôle Prudentiel et de Résolution (ACPR of France)
- Banque de France (Central Bank of France)
- Bundesanstalt für Finanzdienstleistungsaufsicht
- Swiss Financial Market Supervisory Authority (FINMA of Switzerland)
It’s always wise to choose regulated and reputable brokers like this one here.
|WH SELFINVEST S.A.
|Regulated by CSSF of Luxembourg,
Luxembourg Ministry of Finance,
Financial Services and Market Authority (FSMA of Belgium), Autoriteit Financiële Markten (AFM of Netherlands),
Autorité de Contrôle Prudentiel et de Résolution (ACPR of France),
Banque de France (Central Bank of France),
Bundesanstalt für Finanzdienstleistungsaufsicht,
Swiss Financial Market Supervisory Authority (FINMA of Switzerland)
|Warnings from Financial Regulators:
|No official warnings
|1998 (1999 for domain age)
|Luxembourg, Belgium, Netherlands, France, and Switzerland.
|TELEPHONE & FAX
LU: +352 42 80 42 80
DE: +49 (0)69 271 39 78-0
FR: +33 (0)1 48 01 47 61
Fax: +352 42 25 75 25
|WHS NanoTrader, MT4
|The majority of clients are from:
Trading Assets Available at WHSelfInvest
WHSelfInvest broker presents abundant trading assets to confirm its trustworthiness. Let’s explore some of them.
- WH SelfInvest Stocks. WHSelfInvest provides access to a wide selection of stocks from various global exchanges. Popular examples include Apple Inc. (AAPL), Amazon.com Inc. (AMZN), Microsoft Corporation (MSFT), and Alphabet Inc. (GOOGL).
- WH SelfInvest Forex. Currency trading is a significant component of WHSelfInvest’s offerings. Major currency pairs such as EUR/USD, GBP/USD, USD/JPY, and AUD/USD are available for trading, along with many exotic currency pairs.
- WH SelfInvest Commodities. WHSelfInvest enables traders to invest in commodities such as gold, silver, oil, and natural gas. Other examples include aluminum, coffee, and corn.
- WH SelfInvest Indices. Traders can access a mixture of global indices through WHSelfInvest, including the S&P 500, FTSE 100, DAX 30, and Nikkei 225. These indices entitle investors to diversify their portfolios and track specific market segments.
- WH SelfInvest Futures. Discover futures trading with a leading European broker. You can trade all major markets, enjoy discounts, access free tools and strategies, learn through webinars, and test ideas on a demo account.
WHSelfInvest NanoTrader & MetaTrader 4
WHSelfInvest includes two trading platforms. Each one is designed to meet different trading preferences. Let’s explore these platforms and their advantages.
- WHS NanoTrader. The platform supports advanced order types, algorithmic trading, and comprehensive trading signals. It also provides access to a broad selection of trading strategies.
- WH SelfInvest MetaTrader 4 platform. This company supports the standard MT4. WH Selfinvest MT4 is a prominent trading platform with many cool features. MT4 can be downloaded on both desktop and mobile trading devices. This platform is available for both WH Selfinvest CFD and Forex trading and is free for users. Still, futures trading is not supported on this platform.
While these platforms have many advantages, it’s worthwhile to point out that they may need a learning curve for beginners.
Note: It is advisable to avoid unregulated brokers like Crystal Trust and others.
General Business Climate at WHSelfInvest
While WH SelfInvest S.A. has several advantages, it’s worthwhile to carefully evaluate all aspects before deciding. One potential drawback is the high minimum deposit required for CFD trading. This stands at €2,500, exceeding many other brokers’ requirements. Besides, futures trading on the platform requires an even higher deposit of €5,000.
WHSelfInvest aims to attract and engage users through separate channels. They use effective communication methods and provide relevant trading tools for their clients.
But beware of crooks who manipulate clients through platforms like WhatsApp or AnyDesk. Remember to be mindful and verify the authenticity of any communication you receive. It is of the utmost importance to avoid unregulated brokers like Cryptoslark or any other.
WHSelfInvest offers traders leverage, enabling them to boost their trading positions. The specific leverage ratios may vary depending on the asset class and regulatory restrictions. WH SelfInvest offers maximum leverage of 1:50.
Other instruments, such as commodities and precious metals, have leverage of 1:20 and 1:33. Traders should consider leverage risks and use them responsibly.
WH SelfInvest App
WHSelfInvest provides a mobile trading app that allows us to access their accounts and trade on the go.
The app offers a UI-friendly interface, real-time market data, and essential trading features. It is compatible with both iOS and Android devices. This truly ensures comfort and flexibility for traders.
WH SelfInvest offers traders an enticing opportunity: a demo account. Here, people can practice different schemes for trading. Within this virtual account, traders can familiarize themselves with the platform’s features.
Notably, this account uses virtual funds, entitling traders to gain experience before venturing into live trading. It’s always a good idea to choose brokers that include demo accounts.
Specific bonuses may vary over time, and WHSelfInvest occasionally offers special perks to its clients. However, there are no bonuses on their platform at the time.
Bonuses can provide additional trading capital or other incentives. Reviewing the terms and conditions associated with any bonuses before accepting them is advisable.
WH SelfInvest delivers auto-trading capabilities. This lets traders automate their trading strategies.
This component can benefit those who prefer a more hands-off approach to trading. Traders can explore a range of auto-trading options and select systems that align with their investment goals.
As with any broker, it is critical to consider the fee structure associated with WHSelfInvest trading. The external fees include OCC clearing fees for U.S.A. trades. These range from USD 0.041 to USD 0.032 per contract counting on the trade size
Fees may include financing costs and other charges. Everyone should carefully review the WHSelfInvest fee schedule to understand the costs involved in trading various assets.
WHSelfInvest emphasizes education and offers many superb educational resources to its clients. This is quite beneficial.
These resources may include webinars, video tutorials, articles, and market analysis. Traders can use these educational materials to enhance their trading knowledge and skills.
WHSelfInvest provides stop-loss orders. It allows traders to set predefined exit points for their trades.
Stop-loss orders are crucial risk management tools that limit potential losses. Traders should consider stop-loss orders to protect their positions. This is crucial to remember.
Payments with WH SelfInvest: How Does It Work?
Earning and withdrawing funds from WHSelfInvest is possible. WH SelfInvest provides many options for depositing and withdrawing your funds.
Traders can choose from the following methods: bank transfer, bank cards, and checks. It’s important to note that the first withdrawal of funds is free of charge each month. Yet, subsequent withdrawals will incur a fee based on the base currency of your account. For EUR accounts, a fee of EUR 8 will be charged. USD accounts will have a fee of USD 10, and CHF accounts will incur a fee of CHF 11 for each ensuing withdrawal.
Nonetheless, it is pertinent to note that trading involves risks, and profitability is subject to market conditions and personal strategies. Traders should maintain realistic expectations and practice sound risk management techniques.
This outstanding company includes customer support through various channels, including email, phone, and live chat.
Their support team assists clients with inquiries, technical issues, and general guidance. Prompt and reliable customer support is essential for traders, and WHSelfInvest strives to deliver satisfactory customer support.
When considering a broker, reviewing feedback from other people is valuable. This broker has an average star rating on Trustpilot with a 3.5 score.
Reviews can provide insight into the broker’s customer service, trading platform, fees, and more. It is also important to read the reviews with a critical eye, as some may be biased. Finally, traders should use reviews as one tool in the overall broker selection process.
Long Story Short – WHSelfInvest
WH SelfInvest stands as a trustworthy and regulated broker. They are equipped with a vast array of trading assets, multiple platforms, and a UI-friendly mobile app. Their steadfast dedication to education and excellent support distinguish them from others. Please be aware that trading carries inherent risks. Still, WH SelfInvest provides traders with crucial tools and resources to help them navigate the financial markets with confidence.
As you begin your trading journey, it is crucial to emphasize the significance of conducting thorough research, staying informed, and making informed decisions. This will align with both your tolerance and goals.
We wish you a rewarding and terrific trading experience! Take the time to understand the markets and the factors that affect them. Make sure to use reliable resources and data to make decisions.
Book a free consultation with us for more information about regulated brokers.
What Is WH SelfInvest?
WH SelfInvest is a reputable online brokerage firm that offers access to over 100,000 financial markets.
Is WH SelfInvest Regulated?
Yes, they are regulated. WH SelfInvest S.A. holds several regulatory licenses.
Does WH SelfInvest Offer a Demo Account?
WHSelfInvest offers demo accounts to its traders so they can practice various strategies.