Regulation: BaFin, Finma and more
Type: Market Maker / ECN
Markets: Forex, CFDs, Futures, Options
Minimum Deposit: 2,500 USD Forex, 10,000 Futures
Deposit methods: transfer, card
Platforms: MetaTrader 4, Pats, CQG
Spread: from 0.8 EURUSD
Commissions: 4.5 + 0.054% CFDs shares; 2.20 + 0.50 futures
What is WH Selfinvest?
WH Selfinvest is one of the main European forex, CFDs and futures brokers , which is originally from Luxembourg and has offices in several European countries, such as Germany, France, Switzerland or Belgium.
This broker is regulated by the official bodies of these countries, including the German BaFin or the Swiss Finma. Furthermore, this broker has a long tradition in the market, since it was established in 1998.
WH Selfinvest minimum deposit
The minimum to open an account is € 2,500 and the deposit can be made by transfer or card.
The broker offers various services such as Autochartist, trading strategies, trading ideas and signals, trading groups to discuss strategies in forums and even a trading store with different packages of services from industry professionals.
In addition, WH offers a monthly trading competition with which the winners can win different prizes of up to 1,000 euros.
The platforms available are WHS Prostation, WHS FutureStation Nano, WHS MetaTrader 4 , WHS CQG and WHS Futures.
Click here and open an account from 5 USD with one of the best brokers on the market
The FuturesStation platform will have a monthly fee of 29 euros . The rest will be free.
WH Selfinvest spreads and commissions
Spreads in these markets are normally 1, both for DAX, FTSE, CAC or Dow Jones, being among the best in the market.
The commissions on CFDs shares will be 4.5 euros plus 0.054% in European shares and $ 0.023 per share plus 4.5 in the US.
Typical margins will be 10: 1 for stocks or 33: 1 for commodities or indices.
30 pairs are available in forex and you can trade amounts as small as a micro lot: 0.01.
In July 2018, a new maximum leverage will be applied for traders residing in Europe by ESMA regulations. The same, which will apply to Forex products and CFDs we have in the following table:
products New leverage
Main Forex pairs 30: 1 or 3.33% margin
Main indices, gold and minor Forex pairs 20: 1 or 5% margin
Lower indices, commodities and exotic Forex pairs 10: 1 or 10% margin
Actions 5: 1 or 20% margin
Cryptocurrencies 2: 1 or 50% margin
The spreads will be like this:
EURUSD 0.8 5
GBPUSD 0.8 8
USDJPY 0.8 7
AUDUSD 0.8 8
USDCHF 0.8 twenty
EURJPY 0.8 10
The policy of maximum spreads is quite interesting, as this guarantees that we will not have to deal with too large rebounds that can be devastating for many strategies.
Futures and options at WHSellfinvest
The minimum to open a futures account will be 10,000 USD. The depositary banks are ING, BIL from Luxembourg and the Australian group Mcquaire.
The commissions will be 2.20 euros or dollars plus 0.50 euros or dollars respectively depending on whether they are European or US markets.
The monthly costs for non-professional traders will be 15 euros for all the American markets or 5 if it is for a single one like the CME.
The monthly installments will start at 29 euros as we named before, and will go up to 79 to be able to have all the historical price data.
VPS and other services will also come at an additional cost.
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WH Selfinvest’s Reviews
This is one of the best international brokers that exist, and also one of the safest belonging to one of the most prosperous countries in the world, where money has extra security.
The products may not be the cheapest on the market, but WHS’s range of services is among the best there is. This is one of the most professional brokers in the derivatives markets.
The minimum account size, for example, for futures tells us that you are not looking for easy clients, which is fine. We are also of the opinion that to trade futures, a minimum of 10,000 euros is preferable.
The only but of this broker is that it does not offer web services or customer service in Spanish in Spanish, but in English and the other European languages, so WH Selfinvest is not a well-known broker in the Spanish market.
For more information, visit the website