Self Bank (SelfBank) Review 2026

Item: Self Bank
Rating: 5.86
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: July 04, 2026

Top Brokers Overview — United States

Min. deposit $10
Fees 8 /10
Account types 4.1 /10
Regulation 9 /10

5.9 /10

Moderate risk

Self Bank User Reviews 5.8
Commissions and Fees 8.0
Regulation and Safety 9.0
Account Types 4.1
Deposit and Withdrawal 5.0
Markets and Tradable Assets 8.8
Trading Account Opening 8.0
Customer Support 4.5

Self Bank Pros & Cons

Optimal trading conditions for traders who invest in the stock market.
Tight market spreads for Forex trading accounts.
The minimum deposit to enter the exchange starts at $0.

MetaTrader 4 and MetaTrader 5 are not on the list of available platforms.
The maximum leverage does not exceed 1:50.
There are no options for generating passive income.
Trading bonuses are absent.
The broker has only one Spanish version of the site.

TU Expert Verdict

Self Bank demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

Top-5 Brokers Traders Prefer

zForex

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Plus500

7.5 /10

Regulation Tier-1

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Trading.com USA

6.8 /10

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EUR/USD 0.9 pips

OANDA

6.8 /10

Regulation Tier-1

EUR/USD 0.1 pips

FOREX.com

6.7 /10

Regulation Tier-1

EUR/USD 0.7 pips

Self Bank User Reviews

Score:

5.8 /10

36 total

5-star

0%
4-star

17%
3-star

64%
2-star

14%
1-star

6%

Self Bank returned my $7,100 these days. I waited almost 3 weeks. Therefore, I will rate the company as neutral. The money was returned, and I’m grateful for that, but I won’t trade here anymore.

Self Bank has very big problems with trading platforms. The company offers platforms developed by in-house programmers. And unfortunately, these platforms leave much to be desired. The Self Bank platforms are very inconvenient to use - they often freeze when opening orders.

Self Bank has significant problems with its trading platforms. The company provides its clients with platforms developed by its in-house programmers. Unfortunately, these platforms are far from ideal. They are inconvenient to use, and orders often experience delays when placed.

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Commissions and Fees

Score:

8 /10

The trading and non-trading commissions of Self Bank have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.

Low Forex trading fees
Tight EUR/USD market spread
No inactivity fee
No deposit fee
No withdrawal fee

Complex fee structure

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of Self Bank with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, Self Bank’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

Self Bank Standard spreads
	Self Bank	ZForex	OANDA
EUR/USD min, pips	0.2	0.1	0.1
EUR/USD max, pips	0.6	0.4	0.5
GPB/USD min, pips	0.4	0.2	0.1
GPB/USD max, pips	0.7	0.6	0.5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

Self Bank RAW/ECN spreads
	Self Bank	ZForex	OANDA
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	3.5	7	3.5
EUR/USD avg spread	0.1	0.1	0.15
GBP/USD avg spread	0.1	0.15	0.2

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with Self Bank. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

Self Bank Non-Trading Fees
	Self Bank	ZForex	OANDA
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0	0-15
Inactivity fee ($, per month)	0	0	0

Is Self Bank Safe?

Score:

9 /10

Self Bank has a safety score of 9/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated
Track record over 31 years

No negative balance protection

Self Bank Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
Abbreviation Banco de España	Full Name Banco de España	Country of regulation Spain	Investor Protection Fund Banking deposits up to €100,000, Investor protection up to €20,000	Regulation Level Tier-1

Self Bank Security Factors
Foundation date	1995
Negative balance protection	No
Verification (KYC)	Yes

Account Types

Score:

4.1 /10

Self Bank offers the following account options: Demo, Standard, ECN/Raw spread.

However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

Standard account with balanced trading conditions
Demo account
Low minimum deposit

Micro lots are not available
No VIP account option

Self Bank account types vs top competitors
	Self Bank	ZForex	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	Yes	No
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	No	Yes	Yes
VIP	No	No	No
Managed	No	No	No

Self Bank accounts trading conditions

Self Bank is a digital bank that offers a wide range of accounts for private and corporate clients. The broker provides only one type of account for trading currency pairs and CFDs.

Account types:

Account Type	Description
CFD and Currency Account	CFD and Currency Account are standard accounts with up to 1:50 leverage. The spread for the EUR/USD pair starts from 0.0002 pips, but the minimum commission is 10 US dollars. There are no requirements for the amount of the minimum deposit.

A demo account is available with a validity period of up to 20 days. The Self Bank broker aims to cooperate with European traders who prefer to invest in the stock market.

Deposit and Withdrawal

Score:

5 /10

Self Bank received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

Self Bank provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

No deposit fee
Low minimum withdrawal requirement
Bank card deposits and withdrawals
Bank wire transfers available

USDT payments not accepted
BTC not available as a base account currency
Wise not supported

What are Self Bank deposit and withdrawal options?

Self Bank provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire.

Self Bank Deposit and Withdrawal Methods vs Competitors
	Self Bank	ZForex	Plus500
Bank Wire	Yes	No	Yes
Bank card	Yes	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	No	Yes	No

What are Self Bank base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Self Bank supports the following base account currencies: USD, EUR.

What are Self Bank's minimum deposit and withdrawal amounts?

The minimum deposit on Self Bank is $10, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Self Bank’s support team.

Markets and Tradable Assets

Score:

8.8 /10

Self Bank offers a wider selection of trading assets than the market average, with over 14000 tradable assets available, including 165 currency pairs.

165 supported currency pairs
Crypto trading
Passive income with bonds

Futures not available
Copy trading not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by Self Bank with its competitors, making it easier for you to find the perfect fit.

	Self Bank	ZForex	Plus500
Currency pairs	165	50	60
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.	14000	80	2800
Stocks	Yes	Yes	Yes
Commodity futures	Yes	Yes	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	Yes	Yes	Yes
Stock indices	Yes	No	Yes
Options	No	No	Yes

Investment options

We also explored the trading assets and products Self Bank offers for beginner traders and investors who prefer not to engage in active trading.

	Self Bank	ZForex	Plus500
Bonds	Yes	No	No
ETFs	Yes	No	Yes
Copy trading	No	Yes	No
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

8 /10

We successfully registered an account with Self Bank in 30 minutes. The KYC verification was completed within 3 business days. The minimum deposit amount at Self Bank is $10.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Fully online account opening process
Low minimum deposit requirement

Registration process may take longer than expected
Account approval may require extra time depending on the documentation.

Self Bank account opening
	Self Bank	ZForex	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$10	$10	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	30	8	5
KYC time (days)	3	1	3

Is Self Bank available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

You need to open a trading account to start making money with Self Bank. To do this, you need to visit the official website of the company and follow these steps:

Click “Become a client” and choose the appropriate type of account from the line offered by the company.
The account “Cuenta de CFDs y Divisas” (“CFD and foreign exchange account”) is intended for trading currency pairs and CFDs.
Choose to open a digital or regular account. If the digital method (Self Now) is selected, you must enter personal data, confirm your identity using digital video identification and receive an electronic key to enter your personal account. After entering personal data, the customer receives by email all product information and a temporary security password when opening an account without Self Now. Further, you need to send identity documents via email.
The following tabs are available in the Self Bank personal account:
- “Personal account” – your personal account is for performing financial transactions and generating trading reports.
- The “Trade” tab takes you to the web terminal and so you can start trading.

There are also many other useful functions and features, such as:

the “Research” section contains an economic calendar and the latest news from the financial markets.
Real-time currency quotes.
Active operations log with information on all actions in the trading terminal.
A window for communication with specialists using online chat.

Customer Support

Score:

4.5 /10

The broker’s customer support shows noticeable weaknesses in responsiveness or communication quality. Delays in replies are common, and resolution may require repeated contact.

In TU testing, response speed was below expectations, and assistance was limited in depth. Traders who rely heavily on support may experience inconvenience.

Information

The broker's support service answers customer questions from 8:00 to 22:00 hours from Monday through Friday local time.

Not only clients but also traders without registration can contact Self Bank representatives by phone and email

Not available on weekends
Only the company's clients can get advice in the online chat
Support is provided in Spanish only

There are several ways to contact support:

by phone numbers indicated on the website;
by fax;
by email;
by using the feedback form;
via online chat on the website (registered customers only).

Support is available from the broker's website and your personal account.

Contacts
Foundation date	1995
Registration address	Singular Bank, S.A.U. (Self Trade Bank S.A.U.) Calle de Goya, 11.28001 Madrid
Official site	selfbank.es

Best Self Bank Alternatives

zForex

8 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.5 /10

Regulation Tier-1

EUR/USD 0.5 pips

Trading.com USA

6.8 /10

Regulation Tier-1

EUR/USD 0.9 pips

OANDA

6.8 /10

Regulation Tier-1

EUR/USD 0.1 pips

FOREX.com

6.7 /10

Regulation Tier-1

EUR/USD 0.7 pips

Self Bank Video Guides

FAQs

How is Self Bank regulated and what safety measures are mentioned in reviews of its security?

Self Bank has a safety score of 9/10 and is regulated by the Banco de España in Spain, which is classified as Tier-1 regulation in this review. The section notes investor protection for banking deposits up to €100,000 and investment protection up to €20,000, along with mandatory KYC verification, but it also specifies that there is no negative balance protection.

What types of trading accounts are available and what do comments highlight about Self Bank’s account features?

The review states that Self Bank offers a demo account, a standard CFD and currency account with up to 1:50 leverage, and ECN/Raw spread options, but only one main account type is used for trading currency pairs and CFDs. It also mentions there is no minimum deposit requirement, while noting the absence of Cent, Micro, Swap Free, VIP, and managed accounts, and that the demo account is limited to 20 days.

What do Self Bank user reviews say about overall satisfaction levels?

The user satisfaction score for Self Bank is 5.8/10 based on 36 reviews, with 17% of ratings at 4 stars, 64% at 3 stars, 14% at 2 stars, and 6% at 1 star. According to user reviews, overall sentiment is mixed rather than strongly positive or negative.

Which markets and investment products can traders access with Self Bank according to available feedback?

The review indicates that Self Bank provides access to over 14,000 tradable assets, including 165 currency pairs, stocks, commodity futures, cryptocurrencies, and stock indices, but not options. It also notes that bonds and ETFs are available as investment products, while copy trading, PAMM investing, and managed accounts are not offered.

How is Self Bank’s customer support organized and what do reviews and comments suggest about its availability?

Customer support at Self Bank is available Monday to Friday from 8:00 to 22:00 local time via phone, fax, email, feedback form, and online chat, with chat reserved for registered clients and service provided only in Spanish. The section notes that response times were below expectations in testing, assistance depth was limited, and that delays and the lack of weekend availability may be inconvenient for users who rely heavily on support.