Independent rating of Forex broker WH SelfInvest
|Country of origin||Luxembourg|
|Regulation||The Luxembourg Finance Ministry|
|Payment options||bank cards, bank transfer, checks|
|Minimum account size||EUR 2,500|
|Minimum lot size||0.01 lot|
|Spreads||floating and fixed|
WH SelfInvest SA is licensed by the Luxembourg Finance Ministry. Being registered in Europe, the broker established branch offices in Belgium, the Netherlands, France, Germany, and Switzerland, which are also regulated by local authorities.
Clients’ and company's funds are kept separately on segregated accounts. More importantly, the company guarantees to return up to €20,000 of clients’ investments in case of their loss due to unforeseen circumstances.
To open a live account with WH SelfInvest, traders need to deposit at least €2,500. It is quite high minimum deposit.
WH SelfInvest gives access to the popular MetaTrader 4 platform, as well as its own NanoTrader platform.
Clients of WH SelfInvest can choose one of the two live accounts, CFD&Forex and Futures that enable them to trade certain assets, or register a demo account.
Traders can discuss topical issues on the forum, attend free seminars, webinars and use the trader's library.
WH SelfInvest offers fixed and floating spreads. It charges fixed spreads of 1 pip for EUR/USD and a commission of €3.5 per lot for both short and long trades. Floating spreads start from 0.9 pip. Standard spreads are about 1.7 pips for the EUR/USD. Thus, cost of a standard lot trade is the same as when trading with WH SelfInvest.