WH SelfInvest Review

It was founded in 1998; WH SelfInvest offers online trading in a wide range of financial products: over 65 currency pairs, CFDs, futures and securities.

The Ministry of Finance of Luxembourg license and authorize WH SelfInvest. The Commission for Supervision of the Sector Financier (CSSF) also has its part in authorizing WH SelfInvest. From the European passport, the broker established branches in Belgium, the Netherlands, France, Germany, and Switzerland, which are also subject to the supervision of local regulatory authorities.

---

Besides, Luxembourg is a member of the European Union. WH SelfInvest has the right to offer cross-border services in the EU under the MiFID passport system.

Investors can open a live account with WH SelfInvest for € 2,500, which is a high minimum initial deposit. Most brokers require about $ 200 from the beginning, and some do not. This is probably because this broker offers access to numerous stock futures exchanges, in addition to standard currency trading and CFD contracts.

For comparison, another EU, XM broker offers an average spread of 1.7 pips on their accounts without commission and a typical range of only 0.1 pips on their zero minds, where a commission of USD 5 applies.

This service supports the standard MetaTrader 4 (MT4) platform as well as the proprietary NanoTrader.

It is available in the PC, WWW, and mobile versions. There are also two options - NanoTrader Full (which costs 29 € per month) and NanoTrader Free. However, NanoTrader Free offers slightly limited functionality.