Main Score & Risk Matrix
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
WH Selfinvest has a critically low score of 3.4/10. Regulatory visibility is weak and investor protection should be treated with extreme caution.
"This broker shows a severe risk profile. Regulatory visibility is weak, investor protection is unclear, and caution is strongly advised before any capital allocation."
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
No structured regulatory license cards have been configured yet.
| Feature | WH Selfinvest | FXFlat | TRADE REPUBLIC | AvaTrade |
|---|---|---|---|---|
| Operating Period | 5-10 years | See review | See review | See review |
| Region | Germany | See review | See review | See review |
| Minimum Deposit | $100 | See review | See review | See review |
| Spread | N/A | See review | See review | See review |
| Trust Score | 3.4/10 | See review | See review | See review |
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners and experienced traders | Low spreads, user-friendly platform | Suitable for small-capital practice |
| Professional Account | Experienced traders and institutions | High leverage, advanced tools | Requires trading volume qualifications |
| Corporate Account | Corporate clients | Customized services, tailored solutions | Requires corporate documentation |
| Demo Account | All traders | Practice trading without risk | No minimum deposit, unlimited access |
To open an account with WH Selfinvest, clients should follow these steps: first, submit personal, employment, and financial information. Then, provide identity verification documents, including an ID and proof of address. This ensures compliance with regulatory standards. Clients have the flexibility to upgrade their account type in the future, such as moving from a retail to a professional account as their trading experience grows.
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | 0.8 | $0 (ECN: $3.5/lot) | Tight spreads for major pairs |
| CFDs (Stocks) | 1.0 | $0 | Low commissions apply |
| CFDs (Indices) | 1.2 | $0 | Varies by index |
| CFDs (Commodities) | 1.5 | $0 | Includes gold and oil |
| Cryptos (BTC/USD) | 1.0% | 0.1% | Variable depending on volatility |
Other fees associated with WH Selfinvest may include deposit and withdrawal fees, inactivity fees, and platform usage fees if applicable. Additionally, clients should be aware of overnight interest (swap rates) that may apply to certain positions, as well as potential currency conversion fees for transactions involving different currencies.
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
No structured payment methods have been configured yet.
These are the highest-rated forex brokers registered in Germany. Each broker listed below has been evaluated based on licensing status, trading conditions, platform quality, and user feedback within the same regulatory jurisdiction as WH Selfinvest.
The following brokers represent the highest overall trust scores across all regions on our platform. They are selected independently of WH Selfinvest's profile and serve as a benchmark for traders seeking top-tier alternatives worldwide.
Review the regulation section above and verify all license claims directly with the relevant regulator before opening an account.
The currently configured minimum deposit is $100. Always confirm this on the broker website before funding.
The current spread reference configured for this broker is N/A.