All Share (J203) = 93 397
Rand / Dollar = 17.96
Rand / Pound = 24.11
Rand / Euro = 20.34
Gold (usd/oz) = 3 336.62
Platinum (usd/oz) = 1 074.01
Brent (usd/barrel) = 64.99
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

WH Selfinvest Review

WH Selfinvest Review

 

Overall WH Selfinvest is a trustworthy and low-risk broker with an overall rating of 8 out of 10. WH Selfinvest is authorized and regulated by BaFin and offers leverage up to 1:50.

 

WH Selfinvest at a Glance

 

🔎 Broker's NameWH SelfInvest
📍 HeadquarteredLuxembourg
📅 Year Founded1998
⚖️ Regulating Authorities

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)
🌐 Countries not accepted for tradeUS, Australia, or Japan
☪️ Islamic account (swap-free)No
👍 Demo AccountYes
📊 Institutional AccountsNo
📊 Managed AccountsNo
📈 Maximum Leverage1:50
💰 Minimum Deposit$ 2 500 / R 43 282,88
💳 Deposit OptionsBank wire
💳 Withdrawal OptionsBank wire
💻 Platform Types

MetaTrader4

Nano Trader
📱 OS CompatibilityDesktop (Windows)

Mobile Android, iOS, Linux, macOS
📈 Tradable assets offeredCFDs and Forex, Futures, Stock
👨‍💼 Languages supported on WebsiteEnglish, German, French, Dutch
👥 Customer Support LanguagesEnglish, German, French, Dutch
📆 Customer Service Hours24 hours per day, five days per week
🚀 Open an Account👉 Click Here

 

Min Deposit

USD 2500

Regulators

BaFin, CSSF, FSMA, AFM

Trading Platform

MT4, Proprietary Platform, Nano Trader

Crypto

No

Total Pairs

69

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

WH Selfinvest Review – 19 key points quick overview:

 

  1. WH Selfinvest Overview
  2. WH Selfinvest Safety or Security
  3. WH Selfinvest Leverage
  4. WH Selfinvest Accounts
  5. WH Selfinvest Market Instuments
  6. WH Selfinvest Fees
  7. WH Selfinvest Deposit and  Withdrawal
  8. WH Selfinvest Trading Platforms
  9. How to Open a WH Selfinvest Account step by step
  10. WH Selfinvest Customer Support
  11. WH Selfinvest Education
  12. WH Selfinvest Research
  13. WH Selfinvest Awards
  14. WH Selfinvest vs Etoro vs XM – Comparison Table
  15. WH Selfinvest Best Countries by Traders
  16. WH Selfinvest Pros and Cons
  17. Conclusion
  18. Disclaimer
  19. Frequently Asked Questions

 

WH Selfinvest Overview

 

WH Selfinvest Overview

 

According to research in South Africa, WH Selfinvest is a European Forex broker which is headquartered in Luxembourg but has offices in France, Germany, Belgium, the Netherlands, and Switzerland.

 

The company has been active in the Forex market since 1998 and has been a leading broker in the financial markets for a significant amount of time.

 

The company offers over 69 Forex currency pairs and a wide array of shares, options, and CFDs from primary European financial markets through direct access channels, providing traders with access to this liquidity pool without conflicts of interest from the broker.

 

That said, the company’s services do not extend to the USA or other regions outside of the European Union, barring traders from key markets such as the US, Australia, and Japan.

 

With its broad continental footprint, the company caters to clients from 28 different countries, making it one of the largest Forex service providers in mainland Europe.

 

Operating under the auspices of the European Economic Area (EEA) agreement and the MiFID derivatives, the company is brought under the regulatory umbrella of the ECB and other leading European regulators.

 

As such, the company is authorized to offer its services to all countries in the EU without requiring any additional regulatory licenses, and its vast European framework inadvertently brings it under the regulatory framework of different leading organizations in the EU.

 

WH Selfinvest Safety or Security

 

WH Selfinvest Safety or Security

 

As noted above, being a broker which operates in the European Union automatically brings WH Selfinvest within the framework of a number of continental regulatory bodies in several different countries, offering brokers in the region a safe and secure trading environment.

 

📍  As such, WH Selfinvest is regulated by the following European bodies:

➡️  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)

 

Added to this, during the company’s lengthy operation it has garnered multiple awards and a strong reputation as a leading broker of choice, ensuring that potential traders are offered both sound security as well as a strong trading platform.

 

Min Deposit

USD 2500

Regulators

BaFin, CSSF, FSMA, AFM

Trading Platform

MT4, Proprietary Platform, Nano Trader

Crypto

No

Total Pairs

69

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

WH Selfinvest Leverage

 

WH Selfinvest Leverage

 

Despite being a European Forex broker, WH Selfinvest only offers a maximum leverage of 1:50, which is significantly lower than the industry average of 1:100 or 1:200 provided by other competing brokers.

 

All other instruments receive lower leverage of 1:20 and 1:33 for assets such as commodities and precious metals.

 

The company has most likely adopted this strategy in order to reduce the risk to its clients. However, established and professional traders might feel the limitations of the lower leverage.

 

That said, the company’s higher capital requirements do enable traders to open stronger positions in the market without the added fears of margin calls.

 

WH Selfinvest Accounts

 

WH Selfinvest Accounts

 

WH Selfinvest is a direct market access broker that offers accounts tailored to specific trading needs, namely Instruments, Futures Trading and CFD-Forex Trading.

 

📍  These accounts are largely low-cost and efficient, and come with the following perks across the board:

➡️  The lowest commissions possible and all market data supplied at cost

➡️  Direct market access. Fast and precise order execution for every order

➡️  Product range covering 120 market centers in 26 countries

➡️  Stocks, warrants, options, and ETFs

➡️  Mobile platforms for web, tablet, and smartphone

 

All CFD-Forex instruments can be traded on the same account. In parallel, it is possible to also have a futures trading account and a stock account on the NanoTrader platform.

 

WH Selfinvest Market Instuments

 

WH Selfinvest Market Instuments

 

WH Selfinvest has an extensive product range with access to all markets. More than 500 CFDs and forex pairs are available. All clients can trade the same instruments at the same spreads and with the same high-speed order execution.

 

CFDs and Forex

 

📍  The product range includes:

➡️  CFDs on all market indices (cash and futures).

➡️  CFDs on all major commodities (cash and futures).

➡️  CFDs on bonds.

➡️  CFDs on interest rates.

➡️  CFDs on stocks and ETFs (17 markets!).

➡️  81 Forex pairs.

 

📍  Besides traditional CFD-Forex contracts, the company offers every other known type of contract, including:

➡️  Mini-CFDs with a value of only 1 cent per tick.

➡️  Day-CFDs with exceptionally low fixed spreads.

➡️  CFDs on futures with no overnight financing costs.

➡️  Forex in any order size.

 

Futures

Every future trades on one exchange only. Every order, from anywhere in the world, is routed to this exchange and executed in the order book.

The open orders are shown in real-time in an order book with 20 lines. The executed orders are shown on the time and sales screen.

All futures orders are executed at high speed if you have tick-by-tick quotes. The futures markets are 100% electronic. There is no human intervention.

Added to this, retail investors and professionals have identical market data, trading platforms, and order execution.

 

Stocks

Stock trading is provided together with the company’s partners Interactive Brokers.

Traders with an existing account at Interactive Brokers, directly or via another broker, can simply move the account to WH Selfinvest at no cost and without closing positions.

 

A wide array of stocks can be traded in Europe, the US, Asia, and Australia. The full stock list can be found here.

 

WH Selfinvest Fees

 

WH Selfinvest Fees

 

📍  WH Selfinvest strives to offer the lowest possible commissions, with no hidden fees. The company’s commissions are laid out as follows:

 

➡️  Stocks and ETFs (in EUR): 0,09%

➡️  Stocks and ETFs (in CHF): 0,09%

➡️  Stocks and ETFs (in USD): $ 0,01 per share

➡️  Structured products (in EUR): 0,19%

 

That said, the company’s NanoTrader Full version platform (discussed in more detail later) costs at least $2 500 / R 43 282,88  for a trading account, and an average trader can certainly offset the cost of a Full platform during his trading career.

 

The broker also offers a VPS option that costs € 60 per month, which reduces to € 30 per month or € 10 per month if a trader performs 1 or 2 trades per day respectively.

 

However, there are other brokers in the industry that offer a free VPS service for larger account holders, which do not require anything even remotely close to a $2,500 initial deposit.

 

WH Selfinvest Deposit and  Withdrawal

 

WH Selfinvest Deposit and  Withdrawal

 

The company has a fixed deposit of $2,500 for both spread-based and commission-based trading accounts, with no option for receiving a bonus on the deposits, which is a significant amount of money for smaller retail traders.

 

Important to note is the limited option to make a payment, as the broker only supports wire transfers to its bank account, with no other choice to deposit or withdraw money through a credit/debit card or via online payment wallets such as Skrill and Neteller.

 

Funding the account is done by a money transfer to Citigroup. Transfers will only be accepted if the trader includes their name and account number in the message field of their transfer.

 

If a trader wishes to transfer additional money to their account after the first transfer, it is highly recommended they first create a deposit notification in the account manager. By creating a deposit notification the account can be credited more quickly.

 

As such, depositing into the account proves to be a lengthy and rather tedious rigmarole, especially when compared to the more straightforward online options provided by other brokers.

 

Transferring money out of the account is relatively more straightforward, and executed through electronic instruction from the account manager.

 

📍  One free withdrawal request per calendar month is allowed. After the first free withdrawal (of any kind), Interactive Brokers will charge a fee, depending on the base currency of your account, for any subsequent withdrawal:

  • EUR 8
  • USD 10
  • CHF 11

 

Min Deposit

USD 2500

Regulators

BaFin, CSSF, FSMA, AFM

Trading Platform

MT4, Proprietary Platform, Nano Trader

Crypto

No

Total Pairs

69

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

WH Selfinvest Trading Platforms

 

WH Selfinvest Trading Platforms

 

WH Selfinvest has designed a proprietary trading platform, called the WHS Nano Trader, which also provides access to the ever-popular MetaTrader4.

 

📍  Nano Trader

Nano Trader is an entire trading terminal developed by the company’s in-house team of programmers and software developers.

The NanoTrader is available in two different configurations, the free version, and the full version, both of which offer direct market access trading, albeit with different trading features and functionalities.

The NanoTrader Free platform is a free trading interface that has all the essential tools required for trading, but the NanoTrader Full platform offers much more regarding trading tools and advanced trading features.

At EUR 29 per month, the NanoTrader Full interface provides access to Futures, Options, automated trading functions, the ability to trade on multiple live accounts, advanced indicators, trading signals, and a host of safety nets for protecting a trader’s investments.

The NanoTrader is one of the most advanced platforms in the market and can be used on both desktop and mobile trading platforms.

Furthermore, the company’s mobile apps offer an opportunity to trade on desktop computers, smartphones, and tablets through installable interfaces or through dedicated WebTraders, which can be accessed through a single account login.

 

📍  MetaTrader4

WH Selfinvest also offers access to the MT4 terminal, which can be downloaded on both desktop and mobile trading devices for a sense of stability and consistency.

However, traders will most likely prefer the option of NanoTrader due to the wide array of trading features on offer but should keep the high deposit fee in mind.

 

How to Open a WH Selfinvest Account step by step

 

📍Opening a demo account with WH Selfinvest is a relatively simple process, which will consist of the following steps:

 

🔴Step 1 – Open Your Account

Visit the WH Selfinvest website, Click on “Demo Account” in the top top-middle  of the website

 

How to Open a WH Selfinvest Account step by step step 1

 

🔴Step 2 – Fill out the form

  • You will be prompted to select your Name, Last name, email, and phone number.
  • Once you have added the captcha you can click on I will try the demo.
  • Add username, domain, and password.
  • Upon acceptance of your demo account registration, the broker will send you a link to open your free demo account and start risk-free practice trading

 

How to Open a WH Selfinvest Account step by step step 2

 

How to Open a WH Selfinvest Account step by step step 2

 

Min Deposit

USD 2500

Regulators

BaFin, CSSF, FSMA, AFM

Trading Platform

MT4, Proprietary Platform, Nano Trader

Crypto

No

Total Pairs

69

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

WH Selfinvest Customer Support

 

WH Selfinvest Customer Support

 

WH Selfinvest certainly excels in terms of its customer support, with a vast record of highly positive feedback.

 

The company’s support desk is quick, professional, and reliable, and unlike most other brokers it does not charge more for telephone orders.

 

Clients can also submit queries to a standard email address, or request a live chat with the company’s standby support team which resolves queries quickly and efficiently.

 

WH Selfinvest Education

 

WH Selfinvest Education

 

Apart from their free demo account, WH Selfinvest has a variety of other useful educational tools, including seminars and webinars and a trading library.

 

The company offers active and free courses in English, German, French, and Dutch, and newbie traders can choose from a selection of scheduled topics delivered online directly from the company’s website.

 

The company’s online trading library comes with a variety of downloadable reading material, covering topics such as CFD, forex and futures, trader profiles, and trading basics.

 

WH Selfinvest Research

 

WH Selfinvest offers free research tools on their Nano Trader Platform, including SignalRadar, and TechScan.

 

📍  SignalRadar

➡️  SignalRadar shows live trades being executed by various trading strategies. Interesting trades can be identified quickly. A trade can be replicated in one click.

➡️  All trades have a profit target and a stop loss. The trades are visible on the NanoTrader platform, on the internet, and in an app.

 

📍  TechScan

➡️  TechScan is an automated technical analysis tool. The tool is seamlessly integrated into the NanoTrader. TechScan analyses more than 10 stock markets, 130 forex pairs, and 15 market indices every day.

➡️  These markets and instruments are analyzed using over 100 technical analysis indicators, statistical data, and trading strategies.

 

WH Selfinvest Awards

 

WH Selfinvest Awards

 

📍  The company has garnered a number of prestigious awards over its operational lifetime, the most recent of which include:

➡️  “Fairest CFD Broker”, “Traders Favourite” and “Trading Platform”, from Deutsches Kundeninstitut in 2025

➡️  Best order execution and Best Broker, from  influential German magazine €uro, am Sonntag in 2019

 

WH Selfinvest vs Etoro vs XM – Comparison Table

 

🔎 Broker🥇WH Selfinvest🥈 eToro🥉 XM
💰 Minimum Deposit$ 2 500 / R 43 282,88$1000 USD$5 USD
📝 Sign-Up BonusNo☑️ Yes☑️ Yes
➕ Max. Leverage1:501:4001:888
💵 Currency Pairs694757
🚀 Open an Account👉 Click Here👉 Click Here👉 Click Here

 

WH Selfinvest Best Countries by Traders

 

🌎 Country of Trade📌 % of Traders
🥇Italy19.10%
🥈United States13.37%
🥉India13.00%
🥈France10.84%
🥇Germany7.63%

 

WH Selfinvest Best Countries by Traders

 

WH Selfinvest Pros and Cons

 

✔️ Pros❌ Cons
1. Highly regulated by the EU regional bodies1. Not available to traders outside of the EU
2. Wide array of market instruments2. High deposit fees
3. Advanced Nano Trader Platform
4. Excellent customer service

 

Conclusion

 

Overall, WH Selfinvest is a  trustworthy and reliable broker that provides traders with ample digital tools. WH Selfinvest only offers maximum leverage of 1:50. WH Selfinvest has designed a proprietary trading platform, called the WHS Nano Trader, which also provides access to the ever-popular MetaTrader4.

 

Disclaimer

 

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.3% 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.

Each investor should verify, if possible with the help of an external advisor if these financial instruments are suitable for his personal situation.

Before investing, it is recommended you familiarize yourself with the contract parameters and risks of the instruments you wish to invest in. Profits realized on a demo account are no guarantee for future profits. You are not obliged to use leverage.

Pending the approval of the prospectus which reflects new Belgian regulations, our Belgian branch does not open new CFD-Forex accounts.

All advertising and communications for these instruments are therefore not intended for persons domiciled in Belgium. In accordance with this new regulation, leverage is limited to 1 for clients domiciled in Belgium and with an account in the Belgian branch.

For CFD-Forex clients not resident in Belgium but with an account in the Belgian branch, leverage may be greater than 1, According to research in South Africa.

 

Frequently Asked Questions

 

How many instruments can I trade with WH SelfInvest?

Clients have access to over 69 Forex currency pairs and a wide array of shares, options, and CFDs

 

Which platforms are supported by WH SelfInvest?

WH SelfInvest provides the following platforms:

  • MetaTrader4
  • Nano Trader

 

Does WH SelfInvest offer leverage?

Yes, WH SelfInvest offers maximum leverage of 1:50

 

What spreads can I expect with WH SelfInvest?

WH SelfInvest spreads start as low as 0.4 pips, whereby the exact costs depend strongly on the underlying instrument and also on the trading time. As a rule, however, WH SelfInvest manages to offer at least large and well-known underlying for around 1 pip.

 

What is the overall rating out of 10 for WH SelfInvest?

8/10

Louis Schoeman

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 13, 2023

Louis Schoeman

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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