broker reviews


About company:


WH SelfInvest was founded in 1998. Traders can trade a variety of instruments: currencies, CFDs, futures and securities.


Security of funds

The broker is owned by WH SELFINVEST SA, which is licensed by the Luxembourg Ministry of Finance. The broker has established branches in Belgium, the Netherlands, France, Germany and Switzerland, which are also controlled by local regulatory authorities.


Client funds are segregated from company funds and are accounted for on an individual basis. More importantly, in the event of the failure of a bank or investment company, clients are protected by the Luxembourg Client Compensation System (SIIL). It guarantees a return on investment of up to € 20,000 for each investor.


Trading conditionsMinimum deposit

Traders can open a live account with WH SelfInvest from € 2,500. Most brokers offer around $ 200, and some allow trading from $ 1. This high initial deposit is likely due to the broker providing access to numerous futures exchanges in addition to standard Forex and CFD trading.


Spreads and commissions

WH SelfInvest offers both fixed and variable spreads. While most brokers do not charge commission on fixed spread accounts, WH SelfInvest does the opposite. It offers accounts with a fixed spread of 1.0 pips on EUR / USD and charges a commission of € 3.5 per lot per side. On the other hand, its floating spreads start at 0.9 pips, with other brokers offering around 1.7 pips on the EUR / USD pair.



The maximum leverage offered by WH SelfInvest is only 1:50. This is considered low leverage. In fact, this is the maximum allowed in the United States, and recently the British regulator proposed increasing the leverage to 1:50. If you need a higher leverage, many brokers offer 1: 1000.


Trading platforms

WH SelfInvest supports the standard MetaTrader 4 (MT4) platform and also offers its own NanoTrader.


NanoTrader is an award winning platform for trading futures, currencies and CFDs. It is available on both PC and mobile devices. In addition, there are two terminal options available: NanoTrader Full (costs € 29 per month) and NanoTrader Free, which offers somewhat limited functionality.


The platform offers the following set of trading tools: advanced mapping package, weekly trading articles, weekly trading ideas, automated technical analysis based on statistics, indicators and strategies, etc. Moreover, the NanoTrader platform offers manual and (semi) automated trading and over 45 free trading strategies integrated into the platform.


WH SelfInvest also uses the popular MT4, a world renowned trading terminal offering a full range of tools and services for trading: a range of built-in technical indicators, an extended set of charts, a wide range of Expert Advisors (EAs). Traders can download ready-made or create their own advisors and let the program do all the work. Both desktop and mobile versions are available. Please be aware that it is not possible to trade futures on the MT4 platform.


You can also use VPS hosting for 60 euros per month.


Ways of payment

WH SelfInvest offers the following deposit and withdrawal methods: wire transfer, credit / debit cards, checks.


One free withdrawal request is allowed per calendar month. After the first withdrawal (of any kind), depending on the base currency of your account, the following fee will be charged for any subsequent withdrawal: € 8, US $ 10 or CHF 11.


As part of the fight against money laundering, WH only accepts incoming transfers through Banque Internationale à Luxembourg SA or ING Luxembourg SA, and only if the accompanying instructions indicate the beneficiary's name and / or WH account number.




regulated broker; a variety of trading instruments, access to numerous futures exchanges; selection of trading platforms available MT4.




small amount of leverage; high initial deposit; commission applies to fixed spreads.



WHSELFINVEST is a brokerage company whose task is to provide intermediary services to traders. Brokers provide access to currency trading in the first place. Many of them also provide an opportunity to transact with company stocks, bonds, commodities, precious metals, indices, cryptocurrencies and other assets. A private person can make transactions with all these instruments only on the trading platform, which the broker provides access to.

In addition, thanks to the brokerage company, an individual can operate on the market with amounts that significantly exceed the size of their own funds. This is called providing leverage. For example, having a deposit of 1,000 USD with a 1: 400 leverage, a trader can make deals for 400,000 USD.

The broker also opens access to analytics, auxiliary tools, and trading signals. Modern trading is impossible without all this.

What is the benefit of a broker?  


The broker WHSELFINVEST makes profit from traders' transactions, as a rule, in two main ways.

The first is the most common. Using spreads. This word refers to the difference between the best prices for buying and selling a particular asset at a particular moment. Moreover, in a transaction between a trader and a broker, the price is one, and between a broker and users of the Forex market - another. The mediator takes the difference for himself.

The second way is easier to understand. This is the collection of a commission for each transaction performed. Most often it has a standard value, but it can be measured as a percentage.

Thus, the brokerage company is interested in attracting as many clients as possible and for them to conduct active trading.


Ways to cheat customers  


We have found out how honest brokers should work and how they work. Now let's look at how scammers operate, they are also called the kitchen.

The most common way to cheat is to tweak quotes. The broker provides the trader with quotes that differ from the real market ones. Data substitution occurs in order to make operations unprofitable. The deposit is reduced, and then completely zeroed out. At the same time, the trader thinks that his operations were carried out in the market, but in fact - only on the site of scammers.

Bonuses are traps. They are generously distributed for anything: for registration, account replenishment, etc. Only after that, in order for the client to withdraw his own money, mixed with bonus money, it will be necessary to fulfill a number of virtually impossible conditions. For example, conduct trading operations for an amount tens of times greater than the size of the deposit.

In the User Agreement, a clause can also be disguised that allows the broker to manage the client's money. Inattention when reading such an agreement most often turns into a complete loss of the deposit.


Where are brokerage companies registered?


One of the key points is the place of registration and regulation of the company's activities.

Let's talk about registration first. As a rule, brokers from either their own country or from an economically developed country, for example, a member of the European Union, are more credible to traders. Of course, compliance with UK legislation is reassuring, and compliance with the legislation of an unknown island in the Indian Ocean does not mean anything to most.

However, most brokerage companies are registered offshore. And it's not only about small offices, but also about world leaders. Saint Vincent and the Grenadines, Belize, Marshall Islands, Mauritius are offshore zones popular among brokers. By registering there, companies pay significantly less taxes than in the place of actual location, which is sometimes carefully hidden.

If a trader has any claims against such a company, then it is likely that he will have to deal with it in accordance with the legislation of that very conditional Belize. It is possible to be physically present there at the court sessions. And this is extremely expensive and difficult.

But is it worth running like fire from just the word "offshore"? As an answer, we will give the names of companies that are not related to brokerage, but with an impeccable reputation and also save on taxes through offshore registration: Apple, Pfizer, Microsoft, General Electric, Intel.

And here we come to the second important point - this is the regulation of the broker's activities. First of all, it is carried out at the level of the state where the company is registered. Each country has its own regulatory body for brokerage activities. So, in Russia it is the Central Bank of the Russian Federation. A trader can find permissive documentation on the websites of such bodies. But there are also supranational structures. For example, the International Financial Commission (The Financial Commission), which is an independent self-regulatory organization,   considering disputes between its members - brokers and their clients.

If the broker's website does not contain information about the regulation of its activities, then these are almost certainly scammers. Or the site contains information about a certain license issued to him, but this information is not confirmed anywhere else. Most likely, these are also scammers.


What else to pay attention to?


When choosing a brokerage company, study its history. Check out the links to her experts. If one of the leading TV channels in economic news for 5 years in a row refers to the opinion of the analyst of the broker in question, this is good. If a broker claims to have been working for 15 years, but there is no information about him on the Internet at all, this is bad.

It's important to pay attention to company reviews. And read them not only on the website of the broker itself. In the kitchen, they will probably only be laudatory. It is best to browse as many sites as possible.

Pay attention exclusively to the specifics in the offers on the brokers' websites. Honest companies openly write about interest, spread size, minimum deposit, etc. Fraudsters lure with loud, streamlined phrases about a rich tomorrow, stable income, misleading with incomprehensible terms about multi-sites, super functions, and so on.

Find out the company's connection with well-known brands, financial institutions, public organizations. For example, it can be sponsored. Large brokers sometimes hold social promotions. Fraudsters will definitely not do this.

Thus, the process of choosing a broker is complex. But if you approach it carefully, it will allow you to enter the world of trading, which has made millions of people rich all over the world.

FAQ - broker questions

  • 1. Do the trader reviews impact on a rating of WHSELFINVEST ?

    Any feedback can raise or lower the rating company. To read reviews, go into the rating and select your broker.

  • 2. How to leave a comment about WHSELFINVEST on the website ?

    In order to leave a review about the broker, go down page, enter a valid email and Your review with an overall score. Reviews are moderated and tracked by the number of comments from the same IP or email. Tech support may request the actual documents that prove that the user was or is a customer of the broker. This rule applies to negative and positive reviews. We want our portal to be honest and independent.

  • 3. Can we assume the broker WHSELFINVEST decent?

    Before any trade and choosing a broker You must always read reviews on this site and on other sites. Brokers who are honest, have a rating of above 3.8. Also there is always the risk of loss when trading CFDs. Be careful and read the disclosure on the website of the broker. WHSELFINVEST received a score of 1 of 5 on our resource.

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