Number of new users
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The proportion of funding
6 months
When considering a trading account with WH Selfinvest, it's essential to understand the minimum deposit requirements. The minimum deposit amount to open a trading account with WH Selfinvest is €500 for a standard account. However, for a professional account, the minimum deposit is €2,500. This structure allows the broker to cater to various trader profiles, from beginners to more experienced investors.
While the minimum deposit is generally consistent across regions, local regulations may impose additional requirements or restrictions based on the trader's country of residence. For example, traders from certain jurisdictions may face different minimum deposit levels or account types.
Compared to other brokers, WH Selfinvest's minimum deposit is competitive. For instance, brokers like Roboforex and Exness allow minimum deposits as low as $10, while others like IC Markets require a minimum of $200. This places WH Selfinvest in the mid-range, appealing to those who seek a balance between accessibility and comprehensive trading services.
Understanding the available WH Selfinvest deposit methods is crucial for traders looking to fund their accounts efficiently. Currently, WH Selfinvest primarily supports bank transfers for deposits. Unfortunately, options like credit/debit cards and e-wallets are not widely available.
WH Selfinvest allows deposits in several currencies, including EUR, USD, GBP, and CHF. This flexibility enables traders to fund their accounts in their preferred currency, minimizing conversion fees.
Given the current limitations, bank transfers are the recommended method for depositing funds into a WH Selfinvest account. While slower, they offer security and reliability, essential for managing trading capital.
Depositing funds into your WH Selfinvest account is a straightforward process. Heres a step-by-step guide to ensure you complete your deposit successfully.
If you prefer using a mobile app, the steps are similar:
Once the deposit is processed, funds are typically credited to your trading account within 1-3 business days. You will receive a confirmation email once the funds are available for trading.
Q1: What is the minimum deposit for WH Selfinvest?
A1: The minimum deposit is €500 for standard accounts and €2,500 for professional accounts.
Q2: What deposit methods are available?
A2: Currently, WH Selfinvest primarily accepts bank transfers for deposits.
Q3: How long does it take for my deposit to reflect in my account?
A3: Deposits typically take 1-3 business days to process.
Q4: Are there any fees for deposits?
A4: There are generally no fees for deposits, but certain bank transfers may incur a fee of €5.
Q5: Can I deposit in currencies other than EUR?
A5: Yes, WH Selfinvest supports deposits in USD, GBP, and CHF.
This guide provides a comprehensive overview of the WH Selfinvest deposit requirements, methods, and processes, ensuring that both new and experienced traders can navigate their funding options effectively.
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