What is WH SelfInvest?
WH SelfInvest is a European online brokerage firm that offers trading services for a variety of financial instruments, including stocks, options, futures, and Forex.
When Did It Start Operating?
WH SelfInvest was founded in 1998, establishing itself as a reliable trading platform in Europe.
Where Is Its Headquarters?
The company is headquartered in Luxembourg.
In Which Countries Is It Restricted?
While WH SelfInvest primarily operates in Europe, it may have restrictions in certain countries due to regulatory requirements. It’s important to check specific country regulations.
Advantages:
- Wide Range of Instruments: Offers access to a variety of markets, including Forex, stocks, options, and commodities.
- User-Friendly Platform: Provides a comprehensive trading platform that caters to both beginners and experienced traders.
- Educational Resources: Offers educational materials and tools for traders to enhance their skills.
Disadvantages:
- Fees and Commissions: While competitive, fees may be higher than some discount brokers, particularly for certain instruments.
- Limited Availability Outside Europe: The platform may not be accessible to traders outside the European region.
Which Instruments Can I Trade?
WH SelfInvest allows trading in:
- Stocks
- Options
- Futures
- Forex
- ETFs
- CFDs
What Is the Trading Fee?
- Stock Trading: Fees vary depending on the market and the size of the trade.
- Options: Typically charged per contract.
- Forex: Spreads may apply, with competitive rates.
Does It Allow Scalping?
Yes, WH SelfInvest permits scalping, making it suitable for traders looking to make quick trades for small profits.
Is There a Trading Platform?
Yes, WH SelfInvest offers its own trading platform, which is designed to provide a seamless trading experience with advanced tools and features.
Is Margin Trading Available?
Yes, WH SelfInvest offers margin trading, allowing traders to leverage their positions. Margin rates and requirements may vary based on the instrument and market conditions.
