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WH Selfinvest foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.whselfinvest.com/en-lu/trading/information/clients/relationship, about the company's legal and temporary regulatory information, the company's address Niedenau 36 60325 Frankfurt am Main.

WH Selfinvest Forex Broker

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WH Selfinvest

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Company profile

WH Selfinvest Review SummaryFounded1999Registered Country/RegionGermanyRegulationFINMA/BaFin/AMF (Suspicious Clone)Market InstrumentsFutures, CFDs, forex, stocks, optionsDemo Account✅Leverage/SpreadFrom 1 pipTrading PlatformMT4, NanoTrader, CQG Desktop, TradingView, Stock3, NinjaTrader, Trader Workstation, Atas, Volfix, Sierra Charts, Trade NavigatorMinimum Deposit€5,000 or the equivalent in GBP, USD or CHFCustomer Support24/5 support, live chat, contact formLU: +352 42 80 42 80DE: +49 (0) 69 271 39 78-0FR: +33 (0) 1 48 01 47 61Fax: +352 42 25 75 25Email: info@whselfinvest.comFacebook, X, YouTubeWH Selfinvest Information WH Selfinvest was registered in Germany in 1999, offering trading on futures, CFDs, forex, stocks, and options, with spread from 1 pip, and the minimum deposit requirement is € 5,000 or the equivalent in GBP, USD or CHF. It should be noted that it holds three suspicious clone licenses, which means potential risks are relatively high.Pros and ConsPros Cons Demo accounts offeredThree suspicious clone licensesVarious contact channelsLimited payment optionsLive chat supportHigh minimum depositVarious trading productsLong operational historyNo inactive fees in the first yearMT4 availableIs WH Selfinvest Legit? No. WH Selfinvest currently has no valid regulations. It only holds three suspicious clone regulatory licenses. Please be aware of the risk!RegulatorCurrent StatusRegulated CountryLicensed EntityLicense TypeLicense No.Swiss Financial Market Supervisory Authority (FINMA)Suspicious CloneSwitzerlandWH SelfInvest - représentation SuisseFinancial ServiceUnreleasedFederal Financial Supervisory Authority (BaFin)Suspicious CloneGermanyWH Selfinvest S.A. Zweigniederlassung Frankfurt am MainCommon Financial Service License122635The Autorité des Marchés Financiers (AMF)Suspicious CloneFranceWH Selfinvest SACommon Financial Service License18943What Can I Trade on WH Selfinvest? WH Selfinvest offers trading on futures, options, forex, and stocks.Tradable Instruments Supported Futures✔CFDs✔Forex✔Stocks✔Options✔Bonds❌ETFs❌WH Selfinvest Fees On WH Selfinvest, the spread on CFDs and forex is from 1 pip and no minimum monthly commission. Besides, it does not chargean inactivity fee in the first year. After one year, an inactivity fee will only be charged if the client does not execute an order within a quarter.Trading PlatformTrading PlatformSupported Available Devices Suitable for MT4✔PC, web, mobileBeginnersNanoTrader✔//CQG Desktop✔PC/TradingView✔PC, web, mobile/Stock3✔//NinjaTrader✔//Trader Workstation✔Mobile,tablet/Atas, Volfix, Sierra Charts, Trade Navigator✔//MT5❌/Experienced tradersDeposit and Withdrawal WH Selfinvest accepts payments via bank wire,such as Postbank, HSBC, BIL, Volksbank. However, specific info like deposit and withdrawal processing time and associated fees is not revealed.
How to login to WH Selfinvest?

WH Selfinvest Similar Brokers

Latest Reviews

Pros
Trusted and regulated broker with multiple licenses across Europe, ensuring a high level of safety for client funds.
Wide range of trading instruments available, including over 100,000 assets, which caters to diverse trading strategies.
Efficient order execution and good customer service, with positive feedback on the trading platforms like MT4 and Nano Trader.
Cons
High minimum deposit requirement of €2,500, which may deter new or small traders from opening an account.
Limited payment options for deposits and withdrawals, restricting flexibility for clients.
Relatively low leverage of 1:50, which may limit trading opportunities for more experienced traders seeking higher risk exposure.

Basic Information

Registered Region
Germany
Operating Period
--
Company Name
WH SELFINVEST S.A
Abbreviation
WH Selfinvest
Company employee
--
Customer Service Email Address
info@whselfinvest.com
Contact Number
+35242804280
Company Address
Niedenau 36 60325 Frankfurt am Main
How to login to WH Selfinvest?
WH SelfInvest Complete Account Guide: Registration, Account Opening, and Login Processes WH SelfInvest is a well-regarded online trading platform that offers a variety of financial instruments, including forex, CFDs, stocks, and futures. This guide will provide you with a comprehensive overview of the processes involved in registering, opening an account, and logging into WH SelfInvest. Part One: Account Registration Process How to Register a WH SelfInvest Account To start trading with WH SelfInvest, you first need to register for an account. Follow these steps to complete your registration: Accessing the Registration Page: Visit the official WH SelfInvest website (www.whselfinvest.com). Click on the “Open an Account” button prominently displayed on the homepage. Filling in Required Information: You will be directed to a registration form where you need to enter your personal details, including your name, email address, and phone number. Ensure that all information is accurate to avoid issues later in the process. Email/Phone Verification: After submitting your information, you will receive a verification email or SMS. Click on the verification link or enter the code provided to confirm your contact information. Identity Verification (if required): Depending on your region and the account type, you may need to provide additional documentation for identity verification. This may include a government-issued ID and proof of residence (like a utility bill). Registration Confirmation: Once your information has been verified, you will receive a confirmation email indicating that your registration was successful. You will also be provided with your account details for future reference. Common Registration Issues and Solutions Email Not Received: If you do not receive the verification email, check your spam folder. If it‘s not there, try resending the verification email from the registration page. Identity Verification Delays: If your identity verification takes longer than expected, contact WH SelfInvest’s customer support for assistance. Incorrect Information: If you realize youve entered incorrect details during registration, you may need to contact customer support to rectify the information. Regional Differences in Registration While the registration process is generally uniform across regions, specific requirements may vary based on local regulations. For example, clients from certain countries may need to provide additional documentation or may not be able to register at all. Always check the specific requirements for your country on the WH SelfInvest website. Part Two: WH SelfInvest Account Opening Detailed Guide Understanding the Difference Between Registration and Account Opening Registration is the initial step where you create your user account on the WH SelfInvest platform. Account opening, on the other hand, involves selecting the type of trading account you wish to use and providing the necessary documentation to activate your trading capabilities. Preparation Work Before Account Opening Before you can open an account, ensure you have the following ready: A valid form of identification (passport, national ID, etc.). Proof of residence (utility bill, bank statement). Your tax identification number (TIN), if applicable. Detailed Account Opening Steps Selecting Account Type: After registering, log in to your WH SelfInvest account and navigate to the “Account Opening” section. Choose the type of account you wish to open (e.g., standard account, commission-based account, etc.). Submitting Required Documents: Upload the necessary documents for verification. This typically includes your identification and proof of residence. Ensure that all documents are clear and legible to avoid delays. Account Review Process: WH SelfInvest will review your submitted documents. This process usually takes 1-2 business days. You will be notified via email regarding the status of your account opening. Account Activation: Once your account is approved, you will receive a confirmation email. This will include your account number and instructions on how to fund your account. Initial Setup: After activation, log into your account to complete your initial setup, including setting up security features like two-factor authentication. Frequently Asked Questions About Account Opening How long does the account opening process take? The entire process can take anywhere from a few days to a week, depending on the verification process. What types of accounts can I open? WH SelfInvest offers various account types, including standard, commission-based, and demo accounts. Next Steps After Opening an Account After your account is opened, the next steps involve funding your account and familiarizing yourself with the trading platform. You can also explore educational resources provided by WH SelfInvest to enhance your trading knowledge. Part Three: WH SelfInvest Login Process Explained Basic Web Login Process To access your WH SelfInvest account, follow these steps: Visit the WH SelfInvest Website: Go to the official WH SelfInvest website. Click on the Login Button: Locate the “Login” button, usually found in the top right corner of the homepage. Enter Your Credentials: Input your username and password in the designated fields. Two-Factor Authentication (if enabled): If you have set up two-factor authentication, enter the code sent to your mobile device. Click Login: After entering your credentials, click the login button to access your account. Mobile App Login Process For those who prefer trading on the go, WH SelfInvest offers a mobile app. The login process on the app is similar: Download the App: Download the WH SelfInvest app from your devices app store. Open the App: Launch the app on your mobile device. Enter Your Login Details: Input your username and password. Complete Two-Factor Authentication: If enabled, enter the authentication code. Access Your Account: Click the login button to access your trading account. Common Login Issues and Solutions Forgotten Password: Click on the “Forgot Password?” link on the login page and follow the instructions to reset your password. Account Lockout: If you are locked out due to multiple failed login attempts, wait for a specified time before trying again or contact customer support for assistance. Technical Issues: If you encounter technical problems, try clearing your browser cache or using a different browser. For persistent issues, reach out to WH SelfInvests technical support. Special Instructions for First-Time Login: Upon your first login, you may be prompted to set up security questions or enable additional security features. Overview of Features After Login Once logged in, you can access various features such as account management, trading platforms, educational resources, and customer support. Familiarize yourself with the dashboard to make the most of your trading experience. Additional Sections Account Security Recommendations Use strong, unique passwords and enable two-factor authentication to enhance your account security. Regularly monitor your account for any unauthorized transactions. Best Practices for Account Management Keep your personal information updated. Review your account statements regularly to track your trading performance. How to Get Technical Support WH SelfInvest provides multiple support channels, including phone, email, and live chat. Reach out to them for any inquiries or issues you may encounter. By following this guide, you will be well-equipped to navigate the registration, account opening, and login processes for WH SelfInvest. Happy trading!

WH SelfInvest Broker - Complete Information Guide

1. Broker Overview

WH SelfInvest is a prominent European online brokerage firm established in 1998. The company is headquartered in Luxembourg and operates additional offices in Germany, France, Belgium, the Netherlands, and Switzerland. As a private company, WH SelfInvest has grown to become one of the largest forex and CFD brokers in mainland Europe, serving clients across 28 different countries.

Over the years, WH SelfInvest has achieved significant milestones, including numerous awards for its trading platform and customer service. The broker is known for its commitment to providing advanced trading solutions and has successfully built a reputation as a trusted financial partner. The company's business model focuses primarily on retail forex trading, CFDs, and futures, catering to both individual and institutional clients.

As a direct market access broker, WH SelfInvest emphasizes transparency and efficient order execution, allowing clients to trade without conflicts of interest. This approach has positioned the broker as a preferred choice for traders seeking reliable and advanced trading services.

2. Regulation and Compliance Information

WH SelfInvest is regulated by several esteemed financial authorities, ensuring a high level of security and compliance. The primary regulatory bodies overseeing WH SelfInvest include:

  • CSSF (Commission de Surveillance du Secteur Financier), Luxembourg - License No. 42798
  • BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht), Germany - License No. 122635
  • ACPR (Autorité de Contrôle Prudentiel et de Résolution), France - License No. 18943
  • FSMA (Financial Services and Markets Authority), Belgium
  • AFM (Autoriteit Financiële Markten), Netherlands
  • FINMA (Swiss Financial Market Supervisory Authority), Switzerland

The regulatory licenses held by WH SelfInvest are valid for providing trading services across the European Economic Area (EEA). The company adheres to strict compliance measures, including Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

Client funds are kept in segregated accounts, ensuring that they are protected in the event of the broker's insolvency. WH SelfInvest also participates in investor compensation schemes, providing additional security for client deposits.

3. Trading Products and Services

WH SelfInvest offers a diverse range of trading products, enabling clients to access various financial markets. The broker provides trading in the following categories:

  • Forex: Clients can trade over 69 currency pairs, including major, minor, and exotic pairs.
  • CFDs: The broker offers a comprehensive selection of CFDs on major indices, commodities, stocks, and bonds, with over 5,000 different underlying assets available for trading.
  • Futures: WH SelfInvest provides access to futures trading across multiple exchanges, offering traders an opportunity to speculate on price movements of various assets.
  • Options: Clients can trade options on a variety of underlying assets, enhancing their trading strategies.

The broker regularly updates its product offerings, introducing new instruments based on market demand and client feedback. WH SelfInvest focuses on providing retail trading services, while also catering to institutional clients through tailored solutions.

4. Trading Platforms and Technology

WH SelfInvest supports several advanced trading platforms, ensuring traders have access to the tools they need for successful trading. The primary platforms include:

  • MetaTrader 4 (MT4): A widely used platform known for its user-friendly interface and robust charting capabilities. It is suitable for forex trading and offers automated trading through Expert Advisors (EAs).
  • Nano Trader: WH SelfInvest's proprietary platform, available in both free and premium versions. The premium version includes advanced features such as trading signals, multiple order types, and extensive charting tools.
  • NinjaTrader and Sierra Chart: These platforms are available for futures trading, providing advanced analytical tools and high-speed order execution.

The trading platforms are accessible via desktop, web, and mobile applications, allowing traders to manage their accounts on-the-go. WH SelfInvest ensures minimal slippage and fast execution speeds, enhancing the overall trading experience.

5. Account Types and Trading Conditions

WH SelfInvest offers various account types to accommodate different trading preferences:

  • Standard Account: Requires a minimum deposit of €500 with variable spreads and no commission fees.
  • Professional Account: Requires a higher minimum deposit of €2,500, offering lower spreads and a commission of €0.035 per €1,000 traded.

The broker allows trading with leverage up to 1:50 for forex and CFDs, while different leverage limits apply for other asset classes. The minimum trade size is 0.01 lots, and there are no overnight fees for positions held.

6. Fund Management

WH SelfInvest supports limited funding options, primarily accepting bank wire transfers for both deposits and withdrawals. The minimum deposit requirement varies by account type, with €500 for standard accounts and €2,500 for professional accounts.

Deposits are processed within a few business days, and there is a €5 fee for transfers under €30,000, while amounts above incur a 0.10% fee with a maximum of €50. Withdrawals can be initiated through the account management interface, with one free withdrawal per month; subsequent withdrawals incur a fee based on the base currency of the account.

7. Customer Support and Educational Resources

WH SelfInvest provides comprehensive customer support through various channels, including:

  • Email: Clients can reach out via info@whselfinvest.com.
  • Live Chat: Available on the broker's website for instant assistance.
  • Phone Support: Available in multiple languages, including German, French, Dutch, and English.

The broker also offers a range of educational resources, including webinars, seminars, and trading tutorials, helping clients enhance their trading skills. Market analysis services and trading tools are provided to assist clients in making informed trading decisions.

8. Regional Coverage and Restrictions

WH SelfInvest primarily serves clients within the European Economic Area, with offices located in Luxembourg, Germany, France, Belgium, the Netherlands, and Switzerland. However, the broker does not accept clients from the USA, Australia, or Japan, adhering to local regulatory restrictions.

In summary, WH SelfInvest is a reputable broker with a strong regulatory framework, offering a diverse range of trading products and advanced trading platforms. While the minimum deposit requirements may be higher than some competitors, the broker's commitment to client safety and transparency makes it a viable option for traders seeking a reliable trading environment.

In conclusion, WH SelfInvest broker provides an extensive range of services and features, making it a suitable choice for both novice and experienced traders looking to engage in forex, CFD, and futures trading.

Latest Reviews

JGWJ

JGWJ

Cyprus

Their website appears to be professionally done, and their customer service representatives have always been friendly and helpful in answering my questions. If there is any chance at all, I might as well give it a shot.

Positive

2022-12-20

WH Selfinvest Forex Broker has an overall rating of 1.58, Regulatory Index 0.00, License Index 0.00, Business Index 7.54, Software Index 4.00 Risk Control Index 0.00.
WH Selfinvest