According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- MT5
- BaFin
- CSSF
- ACPR
- 1981
Our Evaluation of WH SelfInvest
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
WH SelfInvest is a moderate-risk broker with the TU Overall Score of 6.4 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by WH SelfInvest clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
Brief Look at WH SelfInvest
WH SelfInvest was established in 1998 and grew to become a trusted financial partner duly regulated in several European countries, in particular, Luxembourg, Belgium, France, Germany, Switzerland, and the Netherlands. WH SelfInvest has share capital exceeding €10 000 000. Establishing a long-standing partnership with its customers is a core mission of WH SelfInvest. The company offers trading Forex, CFDs, futures, and stocks. All customer funds are kept in segregated bank accounts to ensure maximum safety. The company charges no additional fee if a customer orders to liquidate, modify, or cancel trading orders.
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WH SelfInvest Trading Conditions
💻 Trading platform: | MT4, NanoTrader, Mobile Platforms |
---|---|
📊 Accounts: | Real, Demo |
💰 Account currency: | EUR, USD, GBP, CHF |
💵 Deposit / Withdrawal: | Bank Transfer |
🚀 Minimum deposit: | 500 EUR |
⚖️ Leverage: | 1:30 |
💼 PAMM-accounts: | No |
📈️ Min Order: | 0.01 |
💱 EUR/USD spread: | 0,1 pips |
🔧 Instruments: | Forex, CFD, Futures, Stocks |
💹 Margin Call / Stop Out: | 100%/50% |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Mobile Platforms |
➕ Affiliate program: | No |
📋 Order execution: | STP |
⭐ Trading features: | No |
🎁 Contests and bonuses: | No |
WH SelfInvest Key Parameters Evaluation
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Regulation and safety
WH SelfInvest has a safety score of 9.5/10, 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
- Negative balance protection
- Track record over 44 years
- Strict requirements and extensive documentation to open an account
WH SelfInvest Regulators and Investor Protection
Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
---|---|---|---|---|
|
Federal Financial Supervisory Authority | Germany | Up to €20,000 | Tier-1 |
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Swiss Financial Market Supervisory Authority | Switzerland | CHF 100,000 | Tier-1 |
WH SelfInvest Security Factors
Foundation date | 1981 |
Negative balance protection | Yes |
Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker WH SelfInvest have been analyzed and rated as Low with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, Eightcap and Bybit, 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 WH SelfInvest 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, WH SelfInvest’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.
WH SelfInvest Standard spreads
WH SelfInvest | Eightcap | Bybit | |
EUR/USD min, pips | 0,3 | 0,4 | Not supported |
EUR/USD max, pips | 0,8 | 1,5 | Not supported |
GPB/USD min, pips | 0,3 | 0,8 | Not supported |
GPB/USD max, pips | 0,8 | 1,5 | Not supported |
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.
WH SelfInvest RAW/ECN spreads
WH SelfInvest | Eightcap | Bybit | |
Commission ($ per lot) | 3,5 | 3,5 | 3 |
EUR/USD avg spread | 0,1 | 0,1 | 0,1 |
GBP/USD avg spread | 0,1 | 0,3 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with WH SelfInvest. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
WH SelfInvest Non-Trading Fees
WH SelfInvest | Eightcap | Bybit | |
Deposit fee, % | 0 | 0 | 0 |
Withdrawal fee, % | 0 | 0 | 0 |
Withdrawal fee, USD | 0 | 0 | 0 |
Inactivity fee ($, per month) | 0 | 0 | 0 |
Deposit and withdrawal
WH SelfInvest received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
WH SelfInvest offers limited payment options and accessibility, which may impact its competitiveness.
- Low minimum withdrawal requirement
- No deposit fee
- No withdrawal fee
- Bank wire transfers available
- PayPal not supported
- Only major base currencies available
- No bank card option
What are WH SelfInvest deposit and withdrawal options?
WH SelfInvest offers a limited selection of deposit and withdrawal methods, including Bank Wire. This limitation may restrict flexibility for users, making WH SelfInvest less competitive for those seeking diverse payment options.
WH SelfInvest Deposit and Withdrawal Methods vs Competitors
WH SelfInvest | Eightcap | Bybit | |
Bank Wire | Yes | Yes | Yes |
Bank card | No | Yes | Yes |
PayPal | No | Yes | Yes |
Wise | No | No | Yes |
BTC | No | Yes | Yes |
What are WH SelfInvest base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. WH SelfInvest supports the following base account currencies:
What are WH SelfInvest's minimum deposit and withdrawal amounts?
The minimum deposit on WH SelfInvest is $500, 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 WH SelfInvest’s support team.
Markets and tradable assets
WH SelfInvest offers a wider selection of trading assets than the market average, with over 100000 tradable assets available, including 80 currency pairs.
- Passive income with bonds
- 100000 assets for trading
- ETFs investing
- Crypto trading not available
- Copy trading not available
WH SelfInvest Supported markets vs top competitors
We have compared the range of assets and markets supported by WH SelfInvest with its competitors, making it easier for you to find the perfect fit.
WH SelfInvest | Eightcap | Bybit | |
Currency pairs | 80 | 40 | 61 |
Total tradable assets | 100000 | 800 | 132 |
Stocks | Yes | Yes | Yes |
Commodity futures | Yes | Yes | Yes |
Crypto | No | Yes | Yes |
Stock indices | Yes | Yes | Yes |
Options | No | No | No |
Investment options
We also explored the trading assets and products WH SelfInvest offers for beginner traders and investors who prefer not to engage in active trading.
WH SelfInvest | Eightcap | Bybit | |
Bonds | Yes | No | No |
ETFs | Yes | No | No |
Copy trading | No | No | Yes |
PAMM investing | No | No | No |
Managed accounts | No | No | No |
Comparison of WH SelfInvest with other Brokers
WH SelfInvest | Bybit | Eightcap | XM Group | Pocket Option | AMarkets | |
Trading platform |
MT4, NanoTrader | MetaTrader5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | Pocket Option, MT5, MT4 | MT4, MT5, AMarkets App |
Min deposit | $500 | No | $100 | $5 | $5 | $100 |
Leverage |
From 1:1 to 1:30 |
From 1:1 to 1:500 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:1000 |
From 1:1 to 1:3000 |
Trust management | No | No | No | No | No | No |
Accrual of % on the balance | No | No | No | No | No | No |
Spread | From 0.8 points | From 0 points | From 0 points | From 0.8 points | From 1.2 point | From 0 points |
Level of margin call / stop out |
100% / 50% | No / 50% | 80% / 50% | 100% / 50% | 30% / 50% | 50% / 20% |
Order Execution | STP | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution |
No deposit bonus | No | No | No | No | No | No |
Cent accounts | No | No | No | No | No | No |
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