WH Self Invest - Review Trading Platform “WHS ProStation”

tf1Team 19. March 2011 4
WH-Selfinvest – Erfahrungsbericht Handelsplattform “WHS ProStation”

tradeforceone_de1WH Selfinvest Luxemburg AG

Just a few weeks, after Tradeforceone.de thenliging it, kommt mit WH Selfinvest a Another broker with a focus on Forex, CFDs and futures add, in which the “illustrious” Circle which can be taken with, via the Nandtzwork particularly favorable trading fees for ‹tf1› Members of oneevacuate. It seems, as if the concept of Tradeforceone.de rise and bear fruit already, as in the previously mentioned brokers quite some acceptance is evident.

In this case it is the WH Self Invest AG from Luxembourg, when it is our opinion, a strong and professional multi-broker acts. Some of you have probably asked yourself, what the letters W and H have to mean the company name? Here is the answer:These are the initials of the two founders Warmoes &  Hirtz, both of which are still active in business operations of WH SelfInvest active, whereby Mr. Warmoes for the sub-region strategy & Mr. Hirtz marketing and brokerage responsible for the area is characterized.

Besides the traditional futures trading offers Selfinvest WH the trader and the trading of currencies (Forex), and CFDs on shares, Indexes, Bonds, Interest rates and commodities to. In these areas we have available Demo versions been tested..

WH Self Invest Trading Platform & Demos Overview

..and made appropriate inquiries to the appropriate support, to get us to the necessary basic knowledge as a user. Identified during the evaluation of this broker's our usual,following criteria were used:

• Commissions & Fees
•    Spreads & Data Feed
• Trading Platform & Charting Software
•    Konto & Deposit Insurance
•    Support & Care

WHSelfinvest Commissions & Fees

Among the commissions in CFD Trading moves the WH SelfInvest, compared to competitors, basically at the bottom of the market average.

WHS  CFDs Shares – The price for a Share CFD orders is in the amount of tickets at a fixed fee. 4,50 € (volumeadependent) plus a 0.054% solution of variable proportion, calculated on the order volume. In this segment of our knowledge there are no effective competitors - especially WH SelfInvest stock CFDs also to the real exchange-related courses Reuters spreads praises. In addition, given‹tf1› Members a discount of at least 8% up to 50% the fixed order fees (see volume Season) allowed and reimbursed at the end of each month, If you register as a member at Tradeforceone.de. Only way to ensure, that WHS Selfinvest as a trader ‹tf1› Member can identify and take into account the special conditions.

WHS CFDs  Indizes, Bonds, Interest rates and commodities - For orders CFD on indices, Commodities and Treasuries are the fees for a fixed fee in the amount of ticket 3 € per Order. This comes to pass the same amount of, no matter whether you're a CFD, or else 100 or 1.000 CFDs ordert. This provides the high-volume traders an added advantage. Again, first reduce the standard fees for overdue‹tf1›Members also at least 8% up to 50% (see volume Season). This fee will benefit the trader also at the end of the month by WH SelfInvest paid out directly to his margin account.

WHS Forex Spot und Forex CFD - In the area Forex Trading generally fall to no trading fees - this works WH SelfInvest, depending on market situation, Minimal variableN mit- and maximum spreads (seeBrokermap), that currently in most major pairs min. 1 Pip and max. 3 Pips are guaranteed. In addition, the WH SelfInvest offers so-called standard lot (100.000 Units) also minilots (10.000 Units) an, which is a useful advantage for smaller margin accounts, to act even more currency pairs simultaneously. The reductions for ‹tf1›Members range here, calculated on the average market spreads in the Major Pairs, of at least 5% up to 46,67%, because a fixed proportion of these spreads will be reimbursed by WH SelfInvest at month's end (see membership rates).

WHS Futures - In the area of ​​futures trading in WH SelfInvest moved with their pricing structure offered, We believe, in the middle of comparable European competitors. Remains the reference, that the cost advantages, granted because of special conditions for‹tf1› Members,at least 8% to 54% be.

Account Fees / Insurance – The WH SelfInvest currently calculated yet 39 € per quarter for account maintenance fees and insurance to their custodian banks Dexia, Barclays and MF Global to continue. But this, according to WH Self Invest in late summer of this year accounted, because the trader then the alternative is offered,in setting up a Frankfurt branch of WH SelfInvest, to open an account at the German Postbank AG.

Spreads & Data Feed

The WH SelfInvest offers Aktien CFDs with real exchange rates spreads to Reuters on - this is a first in this market segment in all other tradable products., as Forex Spot and Forex CFDs, as well as CFDs Indizes, Bonds, Interest rates and commodities, could during our testing phase in widening spreads, above the maximum specified spreads out, in specific market situations (News, Economic data, etc.) are not observed. This represents our opinion a very important decision- and represents a quality criterion for selecting a broker, denn kein Market Maker, of their own courses and then the construction of the spreads mitverdient, This is cheaper than the traded prices of the original exchange offer. Also the speed of execution and the execution prices of selected orders have been very impressed in this respect.

Forex - In the Forex uses WH SelfInvest interbank rates from a pool of 15 Forex reputable banks as a white-label partners and thus acts as a market maker does not even.

Futures – As you know, futures traded on regulated exchanges and that supply and demand will be merged in pure form, this eliminates the need for further explanation, there is generally traded at market spreads.

WHS ProStation Handelsplattform & Charting Software

In the area of ​​the WH SelfInvest CFDs and Forex provided free of charge ordering platform ProStation is quick to install, and user-friendly and intuitive handling. Those for, still at the beginning of their career are traders and have not yet incorporated in the topic, they may at first - due to the extensive use of opportunities – somewhat "cluttered" look, However, what should qualify after a short training period.

WHS ProStation DEMO

On the move Moreover, there is the alternative way to access a browser-based execution (ProStation WEB). Both versions can be – even for professional traders – nothing to be desired,are stable during our testing period and were always available. It supports all major types of orders and the integrated Chartingtool (Orders from the chart possible) has a sophisticated technical, what makes an additional charting software obsolete. Even the programming of extensive trading systems can be implemented on the ProStation.

For the Futures WH Trading offers three alternative Selfinvest order possibilities on the platforms

•    WHS Futures – free
•    WHS FutureStation (Fipertec/Patsystems) – charge
•    WHS ProRealTime – charge

WHS Futurestation DEMO

 

Account & Deposit Insurance

Margin accounts are the custodians at all out as so-called segregated accounts - CFD and Forex Accounts with Dexia Bank or. Barclays Bank und Futures Accounts bei Dexia Bank bzw. MF Global (Man Financial). Accounts are generally subject to the Luxembourg banking secrecy.

The minimum deposit for margin accounts, at the time of Opening an account, is in the range Futures Trading at 10,000 € and in the area CFD or. Forex Trading bei 2.500€.

Support & Care

Especially in this area WH SelfInvest could with their friendly and courteous German Support score with us - there was really only part of our positive experiences. The staff were always ready - as opposed to call center models - by telephone and competent to provide correct information. The same was also true for email inquiries, in an unusual manner which could be answered quickly and reliably. You could see in any kind of contact, that with WH SelfInvest the term "customer service" still writ large.

Our final statement and review of WHSelfinvest

Considering and weighing all the advantages of smaller and "handicap", we can use the WH SelfInvest in the fields of CFD and Forex for active traders, as well as for the so-called heavy traders, unreservedly recommend.

As the only penalty, The results for the intraday traders with higher trading volume in futures trading, are caused by the WHS FutureStation (Fipertec/Patsystems) to call or WHS ProRealTime caused additional software costs, if you opt for one of these two trading platform. For this you get then as a trader but also a tick-by-tick-based order- und Chartingtool. Though it is not needed, the trader may decide to order platform for the WHS Futures, which by WH SelfInvest is offered free of charge. The WHS FutureStation can also be ordered as an alternative way to a fixed monthly flat fee, which, however, only pays for traders with higher order volumes.

All in all, the WH SelfInvest always showed a fair, helpful and thoughtful problem-solving partner in the brokerage sector, and provides everything, what can beat a trader heart we believe higher.

Your‹tf1› Team

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Rating: 4.4/5 (14 votes cast)

WH Self Invest - Review Trading Platform “WHS ProStation”, 4.4 out of 5 based on 14 ratings

4 Opinions »

  1. bullseye 6. May 2009 at 17:33 - Reply

    P.S. Overview and short with my review I wanted to relieve the local administration a little bit, The really much of your free time invested in this project and doing a good job. I hope my contribution is equally well researched.
    So if you own experiences, no matter what area, will here give the best – Just bring it on, and as co-author of the corresponding Contact report!
    By the way: That was my first article on Tradeforceone.de, So who should find spelling errors, can keep them! :)

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  2. Dr.Forex 21. May 2009 at 16:39 - Reply

    Hello

    concerning whether there is already something new. charge for members of the WHS???

    namely it can not find anything

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  3. Matthias 18. November 2011 at 19:22 - Reply

    Especially the members discounts for WH SelfInvest top! Many thanks to tf1!! Keep it up… :)

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  4. T3 trader 27. March 2012 at 14:59 - Reply

    Thank you for discounts on the TF1 team!! Keep it up.

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