Wh Selfinvest Reviews, Wh Selfinvest Forex

The first positions are not necessarily opened the same day. Both the client and WH retain the right to terminate this contract in writing at any time and for whatever reason. This contract serves to appoint WH as discretionary account manager. They do not replace the general terms and conditions related to opening a WH account unless specified otherwise. Please post a user review only if you have / had this product. Unless you’re already a member and enjoying our service, then just sign in.

You can’t test out their services before figuring out whether they deserve such a high deposit or not. If you’re a new or small Forex trader, it’s not the broker for you. The trading platforms at WHS might seem like a great thing at first, but you should know that it’s the minimum they must provide. You pay for the trading platform nonetheless, and that isn’t something exclusive to this broker. You can avail the benefits of these platforms from other brokers too. Another type of trading account you can open with WH Selfinvest is a commission-based account with spreads that start from 1 pip.

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Please set out the complaint clearly in writing either by e-mail or postmail. A full written response will be provided within four weeks of receiving the complaint. Margin is the amount of capital required to cover the risk of loss on a position. Also on cash indices WH SelfInvest ( .F40, .N25 etc.) can be influenced by dividend payments. Account that hold the index receive the dividend, while accounts who hold short positions pay the dividend. Bear in mind that the value of the cash index will adjusted accordingly to the dividend paid.

  • The free version is particularly recommended for novices to start with.
  • IMPORTANT When Hedging is applied on an account, the margin is determined on the side of the largest position.
  • You can’t test out their services before figuring out whether they deserve such a high deposit or not.
  • Existing clients with a CFD account, by signing this contract, instruct WH to open an additional CFD account in their name.

If the account is for example LONG of 5 and at the same time SHORT of 10, then the margin is determined and calculated on the SHORT 10 position. All CFD’s are balanced using the First-in, First-out or FIFO principle. This rule implies that the first lot that enters your account will be the first one to be removed from your account. The following example illustrates the general rule of FiFo.

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With NinjaTrader, the WH Selfinvest online broker offers a further platform enabling clients to trade futures as well as CFD forex. Users of the NinjaTrader platform enjoy the advantage of favourable trading conditions here, along with swift order fulfilment and a competent support. Those who are into futures and options may open a futures trading account (with a deposit of at least € 5.000), providing access to numerous futures exchanges. Clients have direct access to all the major futures markets – over 2000 electronic futures and options on futures are available. Futures traders can count on real tick-by-tick quotes, the best order routing technology , direct market access and high-speed order execution.

WH Selfinvest is an all-round company offering trading services to clients for different financial instruments. It is regulated and licensed in Belgium, Netherlands, Germany, France, and Switzerland. The company offers brokerage services on all US stock markets and on 17 European stock markets. It executes telephone and Internet orders of private investors in real-time.

The spreads here can partly start from as little as 1.0 pips for the EUR/USD and USD/JPY currency pairs. As a client, you can initially choose between commission-based and spread-based Currency trading. The minimum commission WH SelfInvest is always calculated in the base currency of the respective shares, however, and will be a little higher as a rule. While a variable fee is charged with the Mini Account, the Standard Account offers a fixed fee.

Regulation And Deposit Guarantee

In the opposite direction, withdrawals from client accounts are very easily effected by a corresponding instruction in the account management, with one withdrawal per month even being free of charge. Every further withdrawal will be subject to a flat-rate fee of eight euros, however. Although the forex currency pairs available at WH Selfinvest can also be traded as CFDs, there are a number of differences where the trading conditions are concerned.

That’s a huge amount considering the fact that most of the brokers demand minimum deposits in a few hundred dollars or euros. But the people at WH Selfinvest have kept a high minimum deposit.

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If you are interested in the details, the spreads for all available currency pairs can be found on the WH Selfinvest website in the “Contract specification” section. The spreads in spread-based trading will naturally be a little higher. The commission in this case amounts to 3.5 percent per 1,000 traded units of the respective base currency.

The highlighted futures are meanwhile provided by Eurex, one of the “world’s largest futures exchanges for financial derivatives”. But WH Selfinvest also provides its clients with a number of other options to choose from besides Eurex.

Our regulator is the Ministry of Finance’s ‘Commission for the Surveillance of the Financial Services Sector’. Our registered representative office in Belgium has the authorisation of the ‘Banking, Fianance and Insurance Commission’. Our information office in the Netherlands has the approval of the ‘Autoriteit Financiële Markten’. And our registered representative office in France has the authorisation of the ‘Autorité des Marchés Financiers’. Skeptic Tank is the leading social platform for consumers to share their experiences with businesses and other people.

WH SelfInvest

The online broker WH Selfinvest was established in Luxembourg in 1998, making it one of the first online brokers engaged in the area of forex and CFD altogether. WH Selfinvest understands itself as a true online broker, strictly abstracting itself from the term “market maker“.

It should be noted, though, that the spread-based forex trading is not available with the Mini Account. Now that we have seen which markets can be traded at WH Selfinvest, the next step should be a closer look at the trading conditions there. In addition to Tick charts, Range bars and Renko can also be used at WH Selfinvest to provide investors with all the relevant information and details at all times. The tick-by-tick data tend to be much more reliable and precise than the half-second snapshot data offered by some brokers. One key aspect for interested investors selecting a broker is always also the regulation. It should be mentioned to start with in this context that WH Selfinvest is licenced as a “stockbroker“, “commission agent” and “asset manager” in one. The WH Selfinvest online broker is meanwhile regulated by the “Commission de Surveillance du Secteur Financier” in Luxembourg.

Whselfinvest

Not only is WH SelfInvest a reputable broker, but it is also regulated by the EU and has over two decades of experience. WH SelfInvest provides a variety of products to trade along with fair trading conditions.

FXGears.com hosts and moderates our chatroom, and has developed such tools as the chart bot you’ll find available WH SelfInvest in chat. They require you to deposit €2,500 initially which is significantly more than any other broker.

We are committed to the fair handling of reviews and posts regardless of such relations. The platform works bad and a lot of times the graphics do not open. The analysis platform can boast of a variety of tools and indicators that have been specifically customized to ATAS. Changing between the various platforms at WH Selfinvest is possible at any time in the process. NanoTrader has already garnered a number of awards for its reliability and many functions in recent years.

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As is very much industry standard these days, WH SelfInvest offers two unique account types which will dictate what sort of fees and commissions you incur. The first account type is a spread-based trading account that charges a variable spread per trade without any commission. Spreads with this account will tend to average around the 2-pip mark on major currency pairs, which is not the most competitive rate around. The second account type works on a commission basis which sees users paying a set commission per trade but which very competitive spreads. After going through theri services and seeing how big a brand they are, I wouldn’t recommend working with them. Their high charges and requirements make them a bad choice for small traders, whereas their low leverage makes them a bad choice for big traders.

WH SelfInvest

This means the order will remain working till the moment when it is executed or when it is cancelled again. In some cases the client might be able to select another type of validity for an order. Clients https://topforexnews.org/ have the choice between a FX model where variable spreads are offered, without any order commission. The alternative is a model where a fixed spread is offered combined with a fixed order commission.

NanoTrader has more than 40 trading strategies that you can use. Like I mentioned earlier, WH Selfinvest was founded in 1998 and is primarily based in Luxembourg. They operate in 28 Entries and have offices in many of them. There is no Board of Directors data available for this company. WH Selfinvest is also one of the very few partner brokers on the TradingView website. After exhaustively explaining the conditions for the various trading instruments in the last chapter, this one is devoted to introducing the trading platforms at WH Selfinvest.

WH SelfInvest

Your review will be checked by a moderator and published on this page. Sign up to our newsletter in order to receive our exclusive bonus offers and regular updates via email. Put your new knowledge to the test at HotForex and start trading smarter today. This broker was not featured in our 2021 Broker Review Audit.

Whselfinvest Com

In the area of stock trading, the online broker cooperates with Interactive Brokers. Which is also why accounts held with the latter can be transferred to WH Selfinvest for free and without needing to close positions. The WH Selfinvest online broker enables its clients to trade over 5,000 CFDs and more than 80 different currency pairs.

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