WH SelfInvest Review: Reliable Broker or Scam?

WH SelfInvest review: WH SelfInvest is a broker regulated in several European countries: by the CSSF and the Luxembourg Ministry of Finance, Belgium’s FSMA, the Netherlands’ AFM, France’s ACPR, Germany’s BaFin and Switzerland’s FINMA. Attentive to its community, it offers dynamic customer support available in French. Despite a restrictive initial deposit, this broker lets you trade CFDs, Forex and futures. Can you trust WH SelfInvest? YES.
Choosing a broker is a crucial step in building a winning strategy on the financial markets. But with so many offers out there, which one should you choose? Answering that question means weighing several factors based on the online broker’s offering as well as relevant feedback from its users. To guide you, we have put together this complete review of the online broker WH SelfInvest, which has good client reviews.

Is it a reliable trading broker? Does it offer the best deals on the French-speaking market? Is it suitable for beginner traders in 2025?

Our WH SelfInvest Review

In practice, there are 3 things that leave some traders unhappy with WH SelfInvest’s offering. First, the required initial deposit is very high: to start trading with the broker, you must deposit a minimum of €2,500.

Second, the WH SelfInvest brokerage service offers an extremely limited number of assets. You can trade up to 70 currency pairs. Beyond that, you can also trade assets such as futures, CFDs, commodities and stocks.

Third, the broker offers very few pricing perks. For example, traders still have to pay certain WH SelfInvest fees, including a withdrawal fee on each transaction. The only fee waiver available at WH SelfInvest applies to the first withdrawal of each month. For subsequent withdrawals, you pay fees that depend on the base currency of your trading account.

If this topic interests you, also read “TradeVille Review” and “RoboForex Review”.

Customer Support Review

Customer support is an important criterion for judging the quality of a broker’s offering. So it is worth highlighting what WH SelfInvest users think of the broker’s service.

WH SelfInvest provides efficient customer support where clients can raise any day-to-day issues. There are many channels: you can reach them by email, phone or live chat. It is also worth noting that the broker runs a WH SelfInvest forum where you can find answers to many questions. It is a hub for sharing user experiences and getting answers from the community.

Who Is WH SelfInvest?

Founded in 1998, WH SelfInvest is headquartered in Luxembourg, from where it offers its clients a range of trading services. The broker also has representative offices in France, Switzerland, Germany, the Netherlands and Belgium.

WH SelfInvest holds a broker license, a commission agent license and a wealth manager license in its home country. It is also subject to the rules of the various countries where it has offices and offers its services. Active across Europe, where it has a large user base, it also operates in the Americas and many other countries.

WH SelfInvest’s offering is broad and attractive. To find out more, we opened an account with this broker to test it and check how reliable its services are. Below is the information that leads us to consider this broker reliable for your trading.

ECN Broker or Market Maker?

The difference between an ECN broker and a market maker comes down to a few key aspects. An ECN broker acts as a simple intermediary for its clients, while a market maker sets prices and provides liquidity. Choosing between the two models depends on your profile and strategy, and each has its pros and cons.

WH SelfInvest is a recognized ECN broker known for the quality of its client services. It passes its clients’ information and orders on to the market. This is a sign of transparency that gives traders every chance of success. Open an account with this trading provider to form your own WH SelfInvest review.

WH SelfInvest Broker Key Facts

What Awards Has WH SelfInvest Received?

Another way to assess WH SelfInvest reviews is to check its list of awards. These trophies show the public the quality of the broker and its efforts to satisfy its community, and reassure them. On this front, WH SelfInvest easily makes the top of the podium, with many awards to its name. The list is long, but here are the highlights:

• 2020: Best trading platform, order execution and order options (“€uro am Sonntag” stock market magazine). Voted four years in a row.
• 2020: Among the top 3 best futures and CFD brokers. Voted into the top 3 six years in a row.
• 2020: “Best Broker 2020” and “Best Brokers Roll of Honor” by Fuchs Briefe.
• 2019: Best broker for “overall client satisfaction and in 14 key service areas measured” (research firm Investment Trends).
• 2019: Grand Prix of Excellence, Best Futures Broker, received at that year’s technical analysis trade show in Paris.
• 2019: Favorite broker thanks to its excellent NanoTrader trading platform, by the German Association of Technical Analysts (VTAD).
• 2019: “Best Brokers Roll of Honor” (by Fuchs Briefe).

WH SelfInvest Regulation

To carry out its brokerage business, WH SelfInvest complies with the laws and regulations in force in several countries. It therefore holds numerous licenses covering the services it offers.

WH SelfInvest S.A. holds:

• A broker license (no. 42798) issued by the Luxembourg Ministry of Finance
• A commission agent license (no. 36399) issued by the Luxembourg Ministry of Finance

To expand its business, WH SelfInvest opened offices in France and Germany:

• the French branch (ACPR no. 18 943) supervised by the “Autorité de Contrôle Prudentiel et de Résolution” (ACPR) and the Banque de France;
• the German branch under number 122635, supervised by the “Bundesanstalt für Finanzdienstleistungsaufsicht” (BaFin);
• a representative office in Switzerland supervised by the Swiss Financial Market Supervisory Authority (FINMA);
• a representative office in Belgium supervised by the Financial Services and Markets Authority (FSMA);
• a representative office in the Netherlands supervised by the “Autoriteit Financiële Markten” (AFM).

All these licenses show the broker’s seriousness and its commitment to providing traders with quality service. To round out our WH SelfInvest review, check out another list of brokers that also offer their users reliability.

Is There a WH SelfInvest France?

The broker WH SelfInvest does not operate in France under the name WH SelfInvest France. However, it is registered in France to provide its services through the Autorité de Contrôle Prudentiel et de Résolution under number 18 943 ACPR. It also holds an authorization from the Banque de France. French residents can therefore use this broker’s services for their various financial market transactions.

AMF-Authorized Broker or Not?

WH SelfInvest can offer its trading services in France. Its activities are governed by the rules of the ACPR and the Banque de France, which is authorized by the AMF. It is therefore an AMF-authorized broker.

How Are WH SelfInvest Client Funds Protected?

WH SelfInvest pays close attention to the quality of service it offers its community. Several measures are therefore in place to ensure transparency and sound management of client funds.

Client deposits intended for trading are segregated from WH SelfInvest’s company funds. Depending on the country and account type, funds are held with a trusted credit institution that offers guarantees. For deposits made in Luxembourg, France and Germany, each client (depositor) is protected up to €1,000,000 per deposit and per bank.

In Luxembourg, this guarantee is provided by the Fonds de garantie des dépôts Luxembourg (FGDL), and in France by the Fonds de Garantie des Dépôts et de Résolution (FGDR). In Germany, this protection is provided by the “Einlagensicherungsfonds des Bundesverbandes deutscher Banken”. For funds deposited in the United Kingdom, each client is protected up to £75,000.

If WH SelfInvest S.A. becomes insolvent, the Luxembourg investor compensation scheme (SIIL) provides protection of €25,000. If WH SelfInvest S.A.’s UK partners become insolvent, the FSCS guarantees investments up to £50,000.

How Is WH SelfInvest Client Data Protected?

WH SelfInvest takes client data protection very seriously. It complies with the EU General Data Protection Regulation (GDPR). The broker’s privacy policy gives more details on the various aspects covered.

It is also worth noting that the broker only uses the information provided by its platform users to offer them a better service. This data is not shared with outside parties.

Can You Trust WH SelfInvest?

It is normal to have questions about an online broker’s reliability. To get your bearings and form a relevant WH SelfInvest review, you need to look at certain criteria. First, make sure you are on WH SelfInvest’s official website.

Once that is done, pay close attention to the licenses this trading provider holds in your region. As a reminder, WH SelfInvest is authorized in France and in many other European Union countries. This is also reflected in the various offices the broker has opened.

Is WH SelfInvest a Scam?

To date, no scam reports have been made by members of the WH SelfInvest community. This is a sign of how seriously the broker takes the services it provides. However, always make sure you use the broker’s official website to avoid falling for impersonators or malicious websites.

Trading Instruments Offered by WH SelfInvest

A WH SelfInvest review would be incomplete without looking at the instruments offered by this financial market access provider. It offers its users many options, such as CFDs, Forex, futures and stocks.

• CFDs

When it comes to CFDs, several options are available. For example, you can trade market CFDs such as spot CFDs, commodities, futures CFDs and indices.

• Forex

For Forex, the broker WH SelfInvest lets you trade many pairs (more than 80 currency pairs). You can also trade options with order sizes above 1,000. Users can also choose between commission-based and spread-based Forex trading.

You can also trade futures with the online broker WH SelfInvest. Each user is free to choose the package that matches their trader profile, or opt for a customized combination of trading platforms. Another advantage of trading futures with WH SelfInvest is that your package renews automatically at the end of each month.

• Stocks

For stocks, the broker WH SelfInvest makes them accessible to its users. It offers many options so traders can choose from a wide range of shares. We noticed this during our research for a complete WH SelfInvest review.

Leverage at WH SelfInvest

Leverage is a key factor in any trading strategy. It has both advantages and drawbacks, depending on your strategy and skill level. At WH SelfInvest, leverage is not among the best on offer: the broker provides maximum leverage of 1:50 to its clients. This choice is reportedly meant to limit users’ losses, which is a commendable argument! Still, it has earned the broker many negative WH SelfInvest reviews.

It should also be noted that this offer only applies to Forex trading. For other assets such as stocks and precious metals, leverage ranges from 1:20 to 1:30. That is well below what is usually available on the market. To better understand the role of leverage in your strategy, read this article.

Which Account Types Can I Trade With at WH SelfInvest in November?

To give its users a choice, WH SelfInvest offers two account types: the standard account and the professional account. Each option has different features, and every trader can choose according to their profile.

Standard Account

This is a standard trading account with no special features. Users of this account pay spreads on their trades. Spreads vary and are around 2 pips per trade. Note that spreads on this account are a little higher in exchange for zero commission, meaning traders on this account do not pay commissions.

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Professional Account

This offer is a little different, as you get low spreads plus a commission per trade. The spread here is fairly low, about 1 pip, with a fixed commission of USD 0.035 per USD 1,000 traded.

Which WH SelfInvest Account Do We Recommend?

WH SelfInvest’s account offering is not very varied. Still, each type of trader can find a suitable account. The standard account is much better suited to beginner traders: if you are a trader who places few trades a month, this first option is very convenient for you.

The professional account, as its name suggests, is far better suited to professional traders who place large trades every day. However, compared with other brokers, this broker’s offer is not the most attractive, as its trading fees are higher. Check out Vantage’s offers for better trading conditions.

What Are WH SelfInvest’s Fees?

This section covers the various fees the broker charges its clients: spreads, commissions and swaps.

Spreads

WH SelfInvest spreads are fairly low and cover Forex, futures and stocks.

• Forex Spreads

• Futures Spreads

• Stock Spreads

Commissions

At this broker, the commission policy varies depending on the instruments you trade. There are commissions for Forex, CFDs, futures and shares on the main markets.

Forex

For Forex traders, note that you can choose between spread-based and commission-based trading. Commissions are relatively low, at just 0.035% of the amount invested. Put simply, if you place a buy order of 1,000 EUR/USD, WH SelfInvest will only charge you €0.035 in commission.

CFDs

The platform refuses to act as a market maker and offers CFD enthusiasts low commissions. They vary depending on the account type. Mini account holders pay only 0.007%, while standard account users are charged a commission of €3 per order. That may seem a lot, but loyal traders can get a 66% discount.

Futures

Commissions on futures orders are as follows:

• 3.20% per order for futures in CHF, GBP and USD;
• 2.20% per order for futures in EUR.

Stocks

Commissions are even lower for share trading. For the main markets, they break down as follows:

• Shares in EUR: 0.09% commission with a minimum fee of €5.95;
• Shares in USD: 0.01% commission with a minimum fee of $4.95;
• Shares in CHF: 0.09% commission with a minimum fee of CHF 9.65;
• Shares in AUD: 0.15% commission with a minimum fee of AUD 10;
• Shares in CAD: 0.2% commission with a minimum fee of CAD 10;
• Shares in GBP: 0.10% commission with a minimum fee of £9.95;
• Shares in HKD: 0.15% commission with a minimum fee of HKD 25;
• Shares in JPY: 0.15% commission with a minimum fee of JPY 500;
• Shares in NOK and SEK: 0.10% commission with a minimum fee of 89 kroner;
• Shares in SGD: 0.15% commission with a minimum fee of SGD 5.

Note also that this broker offers share trading in partnership with Interactive Brokers (WH SelfInvest – Interactive Brokers). This is a plus, as account transfers between the two brokers are free.

Swaps

Under its new trading rules, the platform charges swaps on trades executed on the Forex and CFD markets. In practice, the trader pays the institutional swap plus 0.5 pip and, in return, receives the institutional swap minus 0.5 pip. Bear in mind that this is the maximum WH SelfInvest charges its clients. This point does not go unnoticed by its community, who share their WH SelfInvest reviews on it.

Other Broker Fees

This may seem unimportant to some, but it matters a great deal for a complete WH SelfInvest review. Note that the broker charges other fees too. Some features that are usually free are paid on its platform, such as the full version of NanoTrader and the WH SelfInvest VPS option. On top of the high deposit, traders should expect to pay other fees to get the full service.

On the plus side, WH SelfInvest does not charge inactivity fees or fees for cancelled orders. Keep these points in mind when making your decision.

Trading Platforms Available at WH SelfInvest

Trading tools and features are part of a complete WH SelfInvest review. For your stock market trading, the broker gives you access to two trading platforms: MetaTrader 4 and NanoTrader. They are available as a working WH SelfInvest mobile app on Android and iPhone.

A Closer Look at MetaTrader 4

Also known as WHS MT4, this platform has long been popular with the broker’s clients. Its Expert Advisors tool makes analysis easier. You can also customize it from the application dashboard to set up your strategies. Available on Windows and Mac, WHS MT4 is free and only works for CFD and Forex trading.

NanoTrader

Formerly called WHS FutureStation Nano, this is WH SelfInvest’s signature platform. Very versatile, it gives access to trading Forex, CFDs, futures, stocks, structured products and options. It is also the ideal platform for beginners who want to dive into online trading. It includes some 15 free trading tools, 80 investment strategies, 30 free scanners and many other benefits.

It comes in two versions: NanoTrader Free and NanoTrader Full. As you might expect, the Free version is free software for demo accounts, while NanoTrader Full is for live accounts.

Other Trading Platforms

Besides the MT4 and NanoTrader platforms, the broker WH SelfInvest also offers other suitable solutions. Futures traders can use Sierra Chart, NinjaTrader and Trade Navigator. It also adapts its trading tools for Linux users. The broker also offers WH SelfInvest WebTrader, ProRealTime, TradingView and cloud trading platforms. However, this is a paid service.

These options help traders set up their trading charts better and choose the tools that suit their strategy, for example WH SelfInvest Renko, bar, line, tick and candlestick charts. You can therefore run WH SelfInvest backtests or use a WH SelfInvest API with existing data under normal trading conditions.

Slippage and Order Execution at WH SelfInvest

Slippage frustrates many traders because it prevents them from getting a good entry. At WH SelfInvest, you will not experience this kind of problem: 98% of executed orders have been found to suffer no slippage or requotes. That is an advantage that earns a positive WH SelfInvest review.

Order execution is impressively fast, and users report no glitches when placing orders. Unlike some dubious brokers that manipulate trades, this broker records your order and executes it in a fraction of a second.

Training Offered by WH SelfInvest in November

One of this broker’s real strengths is the range of training it offers clients, including:

• seminars;
• webinars or teleconferences;
• free WH SelfInvest ebook;
• presentations, etc.

Due to the current health crisis, only teleconferences are available. The platform offers a host of topics on various schedules that you can follow from home. The upcoming scheduled webinars include the following topics:

• Everything you need to know about the non-expiring US Crude CFD;
• The latest news at WH SelfInvest in February;
• Investing better using market effects;
• Swing trading and day trading with the Daily Dax strategy.

To access them, simply register on WH SelfInvest’s official website to get all the details.

Trading Calculator and Other Tools Offered by WH SelfInvest

WH SelfInvest’s offering is extensive and aims to provide the best quality of service to its clients. However, it does not offer a trading calculator or currency converter.

Its traders nonetheless benefit from a host of trading tools and indicators that help build a winning strategy. There are more than 25 trading tools and indicators available, including:

• WH SelfInvest CFD margin;
• WH SelfInvest Heikin Ashi;
• WH SelfInvest Ichimoku, etc.

Does WH SelfInvest Offer a Welcome Bonus?

WH SelfInvest does not offer a welcome bonus or promotional offers to its clients. Admittedly, such incentives are rare among European brokers.

Instead, it offers many free training resources to give every trader, especially beginners, the chance to improve their strategy and make profits. A WH SelfInvest demo account is also available, which is a real plus for your first steps in online trading.

What Are the Options for Becoming a WH SelfInvest Partner?

Affiliate marketing is not part of the services WH SelfInvest offers its community, so it is not possible to become a WH SelfInvest partner. Unlike this broker, many competitors offer better alternatives.

How to Contact WH SelfInvest

WH SelfInvest offers its clients many ways to get in touch. In every country where it has an office, staff are ready to handle your queries.

• Website: https://www.whselfinvest.fr/fr-fr/
• Phone:
• LU: +352 42 80 42 81
• FR: +33 (0)1 48 01 47 61
• CH: +41 44 350 42 40
• Fax: +33 (0)1 48 01 47 62
• Live chat: available on the broker’s website
• Social media: Facebook page, YouTube channel

WH SelfInvest vs Other Brokers

To form a complete WH SelfInvest review, you need to consider all of the broker’s offers and also compare them with those of other players in the field. To give you a better overview, here is a comparison table.

Note that the list is not exhaustive. You can extend the analysis to other brokers, for example:

• WH SelfInvest vs CapTrader;
• WH SelfInvest vs IG Markets;
• WH SelfInvest vs IG.

Is WH SelfInvest the Best Forex or Stock Broker?

Although it is a regulated trading broker with many years of experience, WH SelfInvest still has major shortcomings. The high initial deposit, limited payment methods and low leverage all count against it. That said, the broker makes many practical tools available to its traders to help them build a winning strategy on the markets. It has also received numerous awards that make it a good option for professional traders.

The options WH SelfInvest offers do not make it easy for beginners to get started. Its account opening conditions are the first major hurdle. There are few user reviews from its community, and no scam cases have been reported or brought before a court against the broker. This is a sign of the seriousness of the services it provides.

Do you use WH SelfInvest and want to share your experience? Leave us a comment!