WH SelfInvest Forex Trade Platform and Broker Review

WH SelfInvest Forex Trade Platform and Broker Review

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WH Selfinvest Broker Review

WH SelfInvest is a globally recognized reputable ECN and Forex broker, offering an advanced proprietary NanoTrader platform to trade a range of equities, CFDs, and forex options.

WH SelfInvest S.A is Luxembourg-based and was founded in 1998. It is now one of the largest Forex and CFD brokers in Europe with offices in Frankfurt, Paris, and Zürich, catering for clients in 28 or more countries.

According to official sources WH SelfInvest has around 50 employees across these offices.

Is WH SelfInvest Regulated?

Yes, WH SelfInvest is regulated in Luxembourg by the CSSF and the Luxembourg Ministry of Finance. The broker is also regulated by the FSMA of Belgium, the AFM of Netherlands, the ACPR of France, the BaFin of Germany, and FINMA of Switzerland.

WH SelfInvest’s regulations ask for the highest standards of safety for clients’ funds, requiring that it is kept fully segregated from the company’s own funds in major banks. 

Is WH SelfInvest Regulated in the United States?

No, WH SelfInvest is not regulated in any of the United States. 

Is WH SelfInvest Regulated in Europe?

Yes, WH SelfInvest’s huge presence in the central countries of Europe brings it under the regulatory framework of different leading organizations in the EU. The broker is regulated in Luxembourg by the CSSF and the Luxembourg Ministry of Finance. Further, the broker is regulated by the FSMA of Belgium, the AFM of Netherlands, the ACPR of France, the BaFin of Germany, and FINMA of Switzerland. Under the European Economic Area (EEA) agreement and the MiFID derivatives, WH SelfInvest is authorized to operate in all countries in the EU under the regulatory umbrella of the ECB and other leading European regulators.

Is WH SelfInvest regulated in a Tier-1 Jurisdiction?

According to WH SelfInvest sources, WH SelfInvest is regulated under the Tier-1 jurisdiction. 

Tier-1 jurisdiction gives WH SelfInvest license to operate in specific countries, which consist of Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Israel, Japan, Luxembourg, Netherlands, New Zealand, Norway, Puerto Rico, Singapore, Sweden, and Switzerland.

Is WH SelfInvest regulated in Tier-2 Jurisdiction?

According to official WH SelfInvest sources, WH SelfInvest is regulated under the Tier-2 jurisdiction. Tier-2 jurisdiction gives WH SelfInvest license to operate in the following countries: British V.I., Cayman Islands, Cyprus, Italy, Malaysia, Mexico, Poland, Portugal, Spain, and Taiwan.

What are the Platforms and Tools for Forex Trading in WH SelfInvest?

WH SelfInvest offers traders the use of its proprietary platform called WHS NanoTrader, as well as MT4 (available to download) for forex trading and NinjaTrader and SierraCharts for futures trading.

  1. There is a free and premium version of NanoTrader – NanoTrader Free and NanoTrader Full. The premium version comes at a monthly fee of €29 and targets the more advanced traders. 
  • Both versions of NanoTrader offer direct market access but differ in their range of features and functionalities. 
  • NanoTrader is regarded as one of the most advanced trading platforms available and is easy to navigate while it offers advanced charting and technical analysis tools.
  • Features include:
  • 80 free trading strategies and signals
  • Order placement and management tools
  • Multiple trailing stops and target orders
  • 10 chart types including TwinCharts
  • Stock screeners
  • Volume profile
  1. Traders also have access to a downloadable version of MT4 for forex trading.
  2.  Traders can access NinjaTrader and SierraCharts for futures trading. 
  3. WebTrader platforms and cloud trading are also available. Cloud trading is charged at €35 per day but the fee reduces as the number of trades increases.

Does WH SelfInvest Have a News Blog for Forex News?

Yes. WH SelfInvest has a news section on its official website that brings local and global financial news, new developments on the markets, and more. These ‘news and novelties’, as it is called, are available for free on the WH SelfInvest website and allow users to analyze important market events which may impact trades. 

Does WH SelfInvest Have a Traders Dashboard?

No, WH SelfInvest does not have a Traders Dashboard that can give traders a bird’s eye overview of current market events and updates on the latest news from the currency markets.

Does WH SelfInvest Have an Educational Section?

Yes, WH SelfInvest has a free education section for Forex traders on its official website. Visitors can access most of the information on the website and do not need to hold an account with WH SelfInvest. 

What is the content of WH SelfInvest Forex Education?

WH SelfInvest publishes information on webinars and seminars on its website, as well as a trading library. A trading demo and Technical Analysis Newsletter are also available.

Languages supported with educational content are English, German, French, and Dutch. It seems that all content may not be available in all languages.

  1. Webinars cover topics like the following:
  • The use of the NanoTrader platform
  • Different trading strategies
  • Trade the Dow Jones with Black Candles
  • An overview of the stock market
  • Is the market turning or not?
  • New customer? – tips and tricks to get started easily
  • Successful trading for professionals, and more.
  1. The WH SelfInvest Trading Library comprises free books, e-books, reports, and guides in English, Dutch, French, and German.

Downloadable e-books cover topics like:

  • How to scalp the Mini-DAX future?
  • Risk and Money Management
  • Futures and futures trading
  • Trader profile – The Scalper
  • Trading mistakes
  • Trading methods
  1. A Technical Analysis Newsletter is published, and traders can create their own personalized daily trading newsletter based on technical analysis criteria.
  1. A free real-time trading demo forms part of the educational experience. By entering a telephone number a trader agrees that a competent person can contact him to enquire how he got along with the demo and, if required, to guide him in discovering the platform.

Is WH SelfInvest Legit?

Yes, WH SelfInvest is legit as a Forex broker and trade platform. WH SelfInvest has CSSF, FSMA, AFM, ACPR, BaFin, and FINMA registration and authority to perform Forex broker and trading services. The broker has an active presence through the European Union, and caters to clients from 28 different countries, making it one of the largest Forex service providers in mainland Europe.

Is WH SelfInvest Safe?

WH SelfInvest is a safe Forex trade platform in terms of its regulation and safety protocols. The broker is regulated in several global jurisdictions, as described below:

  • By the Luxemburg Ministry of Finance. 
  • By the “Commission de Surveillance du Secteur Financier”.
  • By the “Autorité de Contrôle Prudentiel et de Résolution” (ACPR) and the “Banque de France”, 
  • The “Federal Financial Supervisory Authority” (BAFIN).
  • The “Swiss Financial Market Supervisory Authority” (FINMA), 
  • The “Financial Services and Market Authority “(FSMA) 
  • The “Autoriteit Financiële Markten “(AFM).

Is WH SelfInvest a Good Broker?

Yes, according to this Forex Suggest review WH SelfInvest is a good broker for security, online support, a decent range of assets, competitive spreads, and an elite platform.

WH SelfInvest promises an excellent trading experience but whilst the NanoTrader platform is popular, for some the high fees may deter potential traders. WH SelfInvest has a strong offering but clients should carefully consider what they are looking for and experiment with services before investing funds.

In terms of security, WH SelfInvest keeps client funds in segregated accounts with reputable banks. The company only accepts transfers signed by the account holder and there are no conversion commissions. Being regulated by some of the most reputable regulatory bodies helps clients to feel assured that their funds are securely handled.

In terms of online support, WH SelfInvest provides a phone hotline, email service, and Live chat option from its website. Customer support is localized and offered in several languages. Unfortunately, the broker does not offer trade in cryptocurrencies.

What is the Offering of Investment in WH SelfInvest?

Offerings of WH SelfInvest can be found below.

Feature WH SelfInvest
Forex Trading Yes
CFDs Yes
Forex Pairs Yes
Cryptocurrency (Physical) No
Cryptocurrency (CFD) No
Social Trading  Yes

Does WH SelfInvest have Nasdaq?

Yes, WH SelfInvest offers the option of trading CFDs on the Nasdaq 100 Stock Index. The Nasdaq exchange is the global electronic marketplace for buying and selling securities created by NASD and the Nasdaq100 comprises the traded shares of the largest 100 companies by market capitalization on the exchange. 

Since March 2023 a new mini CFD on the Nasdaq is also available – the US Tech Mini with a value of $0.10 per point, therefore worth 1/10 of the Nasdaq index.

What are the Awards of WH SelfInvest?

Forex Trading Platform WH SelfInvest’s awards are listed below.

  1. “Fairest CFD Broker” from Deutsches Kundeninstitut in 2023
  2.  “Traders Favourite” Deutsches Kundeninstitut in 2023
  3.  “Best Trading Platform” from Deutsches Kundeninstitut in 2023
  4. Best order execution from German magazine €uro am Sonntag in 2019
  5.  Best Broker from German magazine €uro am Sonntag in 2019

How to use WH SelfInvest for Forex trading?

A forex trader must first open an account with WH SelfInvest to use the broker. 

To open an account, a person must meet the following conditions: 

  1. Have copies of identification documents
  2. Must be 18 years or older
  3. Can afford the hefty minimum deposit of $2 500

A Forex trader that meets the above conditions, can open a forex trading account to use WH SelfInvest. 

How to open a Forex trader account with WH SelfInvest?

To open a Forex Trading account with WH SelfInvest, trader Traders can sign up by accessing the web login portal from the broker’s homepage.

  1. Select the instrument – CFDs, Futures, or Stock Trading for which the account is needed.
  2. Choose whether you want to open a single, joint, or company account.
  3. Choose the office where the account will be held – Germany, France, or Luxembourg
  4. Complete the rest of the form with your name and email. 
  5. To proceed you need an ID document, a proof of address document, and your tax identification number (TIN).
  6. Set a password and submit your request.

What are the Forex Trader Account Types with WH SelfInvest?

Forex trading platform and financial asset management institution WH SelfInvest WH SelfInvest is a direct market access broker that offers only two account types: a spread-based account and a commission-based option. The spread-based account charges a variable spread per trade from around 2 pips while the commission-based account has more competitive spreads, starting from 1 pip, but traders are charged a set commission of $0.035 per $1000 traded. No option to open an Islamic or Swap-free account is provided.

The minimum deposit, trading tools, and customer support are the same across the different WH SelfInvest account types. 

WH SelfInvest Account Types are listed below. 

  1. Demo Account

  2. Spread-based account.

  3. Commission-based account

  • Demo Account

The free Demo account offered by WH SelfInvest is an ideal aide for those traders who first want to practice trading in a risk-free environment before opening a live account and deposit their own money. It offers a simulated trading environment with virtual funds, to trade with no actual gains or losses.

  • Spread-based Account

The Spread-based Account from WH SelfInvest has the following features: 

  • The minimum deposit is $ 2 500
  • Access to futures, CFDs, and stocks. 
  • Trade CFDs on major commodities, bonds, and ETFs. 
  • Trade on up to 69 forex pairs 
  • Variable spread per trade from around 2 pips.
  • No monthly inactivity fee 
  • No additional charges for modifying or canceling orders


  • Commission-based Account

The Commission-based Account provides traders with the following features:  

  • The minimum deposit is $ 2 500
  • Access to futures, CFDs, and stocks. 
  • Trade CFDs on major commodities, bonds, and ETFs. 
  • Trade on up to 69 forex pairs 
  • Variable spread per trade from starting from 1 pip
  • A set commission of $0.035 charged per $1000 traded
  • No monthly inactivity fee 
  • No additional charges for modifying or canceling orders

How to Withdraw Money from WH SelfInvest?

WH SelfInvest only supports payments and withdrawals via bank wire transfer, with no option to use a credit/debit card or via online payment wallets such as AliPay, Neteller, or Skrill.

Traders can withdraw money for free only once a month. After the first withdrawal and depending on the base currency of your account, a fee of EUR 8, USD 10, or CHF 11 is charged for any subsequent withdrawal.

In the fight against money laundering, WH SelfInvest only accepts transfers through Banque Internationale a Luxembourg SA, or ING Luxembourg SA. 

To withdraw money from WH SelfInvest, the client must:

  • Log in to his WH SelfInvest portal and select the option to withdraw money.
  • Follow the withdrawal prompts to use a bank wire method
  • Submit the request.

How many days do deposits take with WH SelfInvest?

Deposits with the available deposit method for WH SelfInvest may take more than one working day to reflect

What are the costs and fees with WH SelfInvest?

A Forex trading cost is that which will apply to a trader for using the WH SelfInvest brokerage services and can be charged in different ways. Trading fees are charged every time a trade is placed and include spreads, commissions, overnight or rollover fees, and sometimes also currency conversion fees.

Spreads are the difference between the bid and the asking price and are represented in pips. 

Commissions are charged on round trades and will not apply to all accounts. Swap fees are interest charged on positions held overnight. 

Non-trading fees may include payment fees and inactivity fees.

The Forex Trading Fees with WH SelfInvest are as below. 

WH SelfInvest Spread-based Account Fees:

  1. Variable spread per trade from around 2 pips.
  2. No commission.

WH SelfInvest Commission-based Account Fees:

  1. Variable spread per trade from starting from 1 pip
  2. A set commission of $0.035 charged per $1000 traded

What are the Trading Fees with WH SelfInvest?

WH SelfInvest does charge swap fees, which is interest accrued on positions held overnight. 

There is no monthly inactivity fee and no additional charges for modifying or canceling orders, but the broker offers traders its VPS option at € 60 per month, which reduces to € 30 or € 10 per month if a trader performs 1 or 2 trades per day respectively.  This is on top of the €29 monthly platform fee for NanoTrader Full.

What is the minimum deposit in WH SelfInvest?

The recommended minimum initial amount is $2 500 which is much higher than the average required by other similar brokers, but probably due to the fact that WH SelfInvest provides access to numerous futures exchanges in addition to the standard trading currencies and CFDs.

What are the contract specifications in WH SelfInvest? 

Feature WH SelfInvest
Forex Trading Yes
CFDs 120+
Forex Pairs 69
Cryptocurrency (Physical) 0
Cryptocurrency (CFD) 0
Social Trading  Yes

Does WH SelfInvest have promotional offers?

No, WH SelfInvest does not pay bonuses or offer promotional offers to either new or existing clients, mainly because the broker is regulated by European authorities who restrict brokers from offering no deposit welcome bonuses and other incentives. 

Does WH SelfInvest have a welcome bonus?

No, WH SelfInvest does not pay a welcome bonus, but traders can enjoy other benefits like setting up a free and permanent demo account. 

Does WH SelfInvest have a deposit bonus?

No, WH SelfInvest does not offer a deposit bonus because its regulators restrict the broker from offering such bonuses. Traders can however tune in to a variety of webinars which are all packed with tips and helpful industry news.

Is there a commission-free trade bonus in WH SelfInvest?

No, WH SelfInvest does not offer a commission-free trade bonus but the broker does offer competitive commissions and access to numerous futures exchanges in addition to the standard trading currencies and CFDs.  

Is there a VIP bonus in WH SelfInvest?

No, WH SelfInvest does not offer a VIP bonus but VIP and high volume clients can benefit from multiple benefits like all strategies including scalping and hedging being permitted, no slippage and requotes, and an award-winning proprietary trading platform.

Can you start trading with no money at WH SelfInvest?

No, a trader cannot start trading without money at WH SelfInvest because WH SelfInvest does not offer any deposit bonus. Traders need to make sure the broker will fulfill their needs before depositing the hefty minimum deposit of $2 500 to open a trader account.

How does leverage work with WH SelfInvest?

The maximum leverage ratio allowed at WH SelfInvest is 1:50 across CFDs, futures, and stocks. Leverage for assets such as precious metals and other commodities is even lower at 1:33 and 1:20 respectively. 

Leverage can be seen as funds borrowed by a trader from a broker that allows a trader to improve his trading situation by opening larger positions. While leverage can amplify potential profits, it can also increase losses. Whilst the low leverage ratios offered by WH SelfInvest reduce risk, more experienced traders may feel restricted by it.

Where are the headquarters of WH SelfInvest?

WH SelfInvest is headquartered at Rue du Puits Romain 33, 2nd Floor, 8070, Luxembourg-Bertrange, Luxembourg.

Who is WH SelfInvest’s CEO?

It is not clear who the CEO of WH SelfInvest is, since no official sources of the broker publish this information.  

What are the social media accounts of WH SelfInvest?

Traders can follow WH SelfInvest on the following social media accounts:

  • Twitter
  • Facebook
  • LinkedIn

How many employees do work for WH SelfInvest?

WH SelfInvest has around 50 employees across its offices in Europe.

What are the opinions about WH SelfInvest?

WH SelfInvest has a mixed standing in the industry and amongst trader reviews. Positive feedback is given on the broker’s reliability and sound regulatory license in Europe which are clearly aimed at enhancing the confidence among modern traders.

Reviewers are however of the opinion that the broker should reconsider their account offerings either by lowering their initial deposit requirement of $2 500 or by eliminating the cost of their platforms and other services. This high cost of trading and the higher than average account maintenance fees may be a downfall for the company since it charges extravagantly high trading costs for services that are offered for free at other mainstream Forex brokers.

What are WH SelfInvest Contests?

WH SelfInvest does not run any contests, possibly due to restrictions by its European regulators.

WH SelfInvest does not run Forex trading contests which are usually performed by brokers to traders to profit on contest winnings. 

There is no indication that WH SelfInvest did perform any Forex contest in the past. For any possible future forex exchange contests and competitions, WH SelfInvest’s website can be monitored for any official announcement.

Does WH SelfInvest have online support?

Yes, WH SelfInvest offers great customer service online support through several multilingual teams. WH SelfInvest teams can be reached via a phone hotline, email, or live chat button on the official website. Support is localized, facilitating multi-language support.

Does WH SelfInvest offer demo accounts for Forex trading?

Yes, WH SelfInvest offers a permanent free real-time trading demo account for all new traders. The demo account can be opened with the following steps:

  1. Visit the demo account registration portal on the broker’s official website
  2. Complete the registration form with the relevant information, such as:
  • Selecting a product
  • First and last name
  • Select your country
  • Provide E-mail
  • Confirm e-mail
  • Provide phone number
  1. Submit the request and wait for a confirmation email. 
  2. Confirm the link in the email to open your demo account.

Does WH SelfInvest have a mobile app for Forex trading?

Yes, both the NanoTrader and MetaTrader 4 platforms of WH SelfInvest are available for download on smartphones and tablets. With a mobile platform, a trader can access his futures, stock, and CFD portfolio from anywhere and trade on the go. The mobile platforms deliver real-time market data, advanced charting, and high-speed order execution.

Does WH SelfInvest publish an economic calendar?

WH SelfInvest does not publish an economic calendar on the website, but the NanoTrader platform has an economic calendar that is free and updates in real-time. Every trader needs a good calendar that explains each figure on relevant economic information and its potential impact since the release of scheduled economic figures can significantly increase volatility. 

What is the communication information of WH SelfInvest?

WH SelfInvest publishes the following contact details: 


Office address: Vitrum Building, Rue du Puits Romain 33, 8070 Luxembourg-Bertrange

Telephone numbers:

EN: +352 42 80 42 80

FR: +352 42 80 42 81

NL: +352 42 80 42 82

DE: +352 42 80 42 83

Fax: +352 42 25 75 25

Email: [email protected]

Website: www.whselfinvest.com


Office address: Niedenau 36, 60325 Frankfurt am Main

Tel: +49 69 271 39 78-0

Fax: +49 69 271 39 78-99

Email: [email protected]

Website: www.whselfinvest.de


Office address: 13-15, rue Taitbout, 75009 Paris

Tel: +33 (0)1 48 01 47 61

Fax: +33 (0)1 48 01 47 62

Email: [email protected]

Website: www.whselfinvest.fr


Office address: WH SelfInvest, representatiekantoor België, Maaltecenter Blok G, Rue Derby 349, 9051 Gent – Gand (B)

Telephone numbers: 

FR: +32 (0)92 79 57 72

NL: +32 (0)93 83 86 38

Fax: +32 (0)93 83 86 39

Email: [email protected]

Website: www.whselfinvest.com


Office address: Tauro Gebouw, Teleportboulevard 110, 1043 EJ Amsterdam

Tel: +31 (0)20 737 00 54

Fax: +31 (0)20 88 81 22 7

Email: [email protected]

Website: www.whselfinvest.nl


Office Address: Badenerstrasse 549, 8048 Zürich

Telephone numbers:

DE: +41 44 350 42 42

FR: +41 44 350 42 40

EN: +41 44 350 42 41

Fax: +41 44 350 42 90

Email: [email protected]

Website: www.whselfinvest.ch

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