WH Selfinvest Forex Broker

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.