WH Selfinvest Review 2025 - Is it a Scam? Fees, leverage, minimum deposit

WH Selfinvest is a Luxembourg based broker founded over 15 years ago. With a market share of around 6 to 8 percent, the company is one of the largest brokers in the Forex and CFD sector in Germany. It is therefore hardly surprising that WH Selfinvest not only has its headquarters in Luxembourg, but also a branch office in Frankfurt am Main. The entire German business is managed from here, but this does not only have an impact on customer service. Due to its branch, the German BaFin is responsible for the supervision and regulation of the company in the Federal Republic.

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WH Selfinvest's declared goal is to create the perfect brokerage offer, especially for frequent traders. This includes, for example, the widest possible product range, which can be traded at attractive conditions. The company also attaches great importance to trader training and further education.

WH Selfinvest can convince in the review in particular with a look at the product range. After all, traders have access to more than 5,000 different underlyings with the Luxembourg broker with German branch.

But a large product range alone cannot speak against or for opening an account with a broker. Trading costs are also of crucial importance. As the WH Selfinvest Review shows, the company settles the difference between the purchase and sale price of a position using the spread.

In principle, the spread starts as early as 0.4 pips, whereby the exact costs depend strongly on the underlying and also on the trading time. As a rule, however, WH Selfinvest manages to offer at least large and well-known underlyings for around 1 pip. This makes the company cheaper than most of its competitors, especially as the custody account itself is exempt from any basic fee.

Another positive aspect of the WH Selfinvest review is how transparent and open the company deals with all costs. Users who are not already registered can actually view all fees incurred in trading in a large price-performance list. The typical and minimum spreads for most underlyings can also be viewed in this way.

The only criticism of WH Selfinvest's product range is that the maximum leverage is limited to a factor of 1:50. Other companies offer significantly more flexible possibilities here, even if this lever can certainly generate high profits. It must, of course, be taken into account that highly leveraged positions also entail considerable risks.

Who decides to open an account with WH Selfinvest has the choice between two different trading platforms. This allows traders to fully rely on the proven MetaTrader 4, which is used by hundreds of thousands of traders around the world. Especially depot changers have the advantage that they do not have to familiarize themselves with new software.

Alternatively, traders use the so-called Nanotrader, an in-house trading platform of WH Selfinvest.

Both MetaTrader 4 and Nanotrader are available not only for PCs, but also as mobile versions for smartphones and tablets. The applications can be downloaded free of charge from the respective App Stores. Traders then have access to their portfolio from anywhere and at any time, even when they are away from their home office.

Another important factor for CFD and Forex traders is security. After all, some traders hold several thousand euros in custody with the companies, and the handling should be correspondingly reliable and professional.

CFDs, Forex and Co. are risky financial instruments that should normally only be used by experienced traders. If you have little experience in dealing with the markets, it is a good idea to use a so-called demo account first. In such a test version, which WH Selfinvest also has in its program, traders only trade with virtual currency. If this is lost, it does not affect the actual assets of the trader.

With WH Selfinvest such a non-binding demo version can be used within a few minutes. All traders need is a valid e-mail address to open an account. Subsequently, traders have unlimited access to all underlying assets and functions that are also used in the live version.

For a long time it was the absolute standard in forex and CFD trading for brokers to attract new clients with high opening premiums. However, at least the Cypriot CySEC prevented such offers, because in many cases they were bound by extremely strict conditions.

Although WH Selfinvest is not a broker from Cyprus, the financial services provider does not offer a bonus. Instead, the company tries to improve and optimize its product range in the long term. This has a much greater effect on customer satisfaction than short-term bonuses.

Basically, CFD and Forex traders act independently and make their own trading decisions. Nevertheless, your own broker should be available in case of discrepancies in transactions or technical problems, for example. In this area, WH Selfinvest's review shows that traders benefit enormously from the size and know-how of the broker. Support is available in German and is handled by the Frankfurt branch office.

In addition, the range of training courses is enormous. Between two and four webinars take place per week, in which registered users can participate free of charge. The experts deal with current market constellations as well as in-depth topics such as technical analysis. Beginners and professionals alike benefit from the lectures and can build up a great deal of specialist knowledge.

Once or twice a month it is even possible to take part in seminars. These take place either at the Frankfurt headquarters or in another large German city. Traders can intensively train their skills and spend one or two days exclusively trading.

In the large review WH Selfinvest can already convince by the fact that the company is supervised by several regulatory authorities. For example, the Luxembourg supervisory authority at the head office is responsible, whereas business in Germany is regulated by BaFin. In addition, the company is a member of two different deposit protection funds, which provides a high degree of security against non-payment.

But WH Selfinvest has also scored many plus points in the product range in the review. Finally, traders with over 5,000 underlying assets from the asset classes commodities, stocks, indices and currencies can trade. Many large underlyings are already tradable from 0.4 pips, making WH Selfinvest one of the cheapest brokers on the market. However, the financial service provider does not neglect the service, as traders can participate in webinars almost daily. Individual discussions in the branch office in Frankfurt am Main are also possible on request.