selftrade Review: Pros, Cons, And How It Compares | for 2023
This selftrade review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about selftrade to give you the most comprehensive guide available.
selftrade is a world class broker that was founded in 2013. They have around 220 staff that help the company offer Financial Markets Access, to 14,000,000+ clients through MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps.
selftrade Guide – Read our In-Depth selftrade Review
selftrade Rating: 4.55 / 10
This selftrade review page contains information about investing with selftrade. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
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Please note that due to regulations, the content in this review of selftrade does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This selftrade review contains the most recent info about selftrade.
If you are a new entrant in the world of trading online and brokers, so many details will no doubt be perplexing for you. Getting into the world of trading online demands expert analytical skills and comprehensive understanding. You will acquire proficient at all the concepts of online trading and brokers while you keep trading. For starters, you have to choose the right broker who'll always be clear with you.
In this fast-paced world of financial markets and online trading, you'll need guidance to make educated decisions. A professionally lead investment online trading platform could help you in minimising any potential losses and maximising any profits. selftrade is just one such platform that can assist you. It's crucial to know all you can about any broker before you trust them with your money.
selftrade Review for 2023 – Brief Summary
| selftrade Telephone: | |
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| Year Founded: | 2013 |
| Regulated By: | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F304 |
| Hedquarters: | Australia |
| Minimum Deposit: | $250 |
| Number Of Clients: | 14,000,000+ selftrade users and traders |
| selftrade LinkedIn: | |
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| selftrade Facebook Likes: | 0 |
| selftrade Twitter: | @ |
| selftrade Twitter Followers: | 0 |
| selftrade Instagram: | |
| selftrade Instagram Followers: | 0 |
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Your capital is at risk |
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Our full selftrade review for beginners covers everything you will need to learn about trading with selftrade. A good agent can use your first investments and help to protect it from losses but also give you a platform that can help to provide you profits. If you want to earn profits, you must trade with a brokerage service that aligns with your investment goals.
Of course, there's absolutely no sure-fire method to guarantee profits; therefore, you must carefully assess your agent before you choose them. It's a frequent misconception that all agents are the same, but that is not correct. Wrong judgment, in the beginning, can put your investments at risk.
selftrade is a trading partner which has forged its way successfully into the broker world. In this review, we've tried to collate some of the vital facets of selftrade. This guide can allow you to learn whether selftrade is a fantastic fit for your investments or not. We've attempted to breakdown all the features and charges for your convenience.
Who are selftrade?
selftrade is a online trading broker with its head office in Australia and provides a variety of instruments for trading. Since its establishment in 2013 they have emerged as a top-tier player in the field of online trading. selftrade has a highly competitive and full-featured trading website that's focused on currency, indices, metals, stocks , commodities.
Over the past 10 years, selftrade has grown into one of the leading online brokers available to the public.
After establishing itself in 2013, their client base has become as large as 14,000,000+ clients.
selftrade is the favourite of many traders because of its negative balance protection. Our selftrade account review discovered that they're a reputable solution for online trading solutions. They are most appropriate for investors who are searching for a variety of assets. Social and easy to use trading solutions are the heart at selftrade.
Technology plays a substantial role in selftrade. They offers trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps. selftrade is fair, transparent, and a well-regulated agent by the Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F304. Their outstanding variety of resources will be beneficial for most traders. Third-party partnerships also supply in-house analysis.
The educational department at selftrade is very comprehensive for new traders as it permits them to get a closer look in the financial markets. selftrade caters to all types of traders and are a must-have broker for almost any well-diversified method of online trading.
Benefits of trading with selftrade in 2023
Trading with selftrade comes with many benefits. These benefits are what sets selftrade apart from the rest of the online agents. You need to check all of the advantages listed so you have a better understanding of selftrade.
The agent goes to great lengths to comprehend what dealers need. Consequently, the service, quick, and convenient. The broker also provides a number of programs for all kinds of traders. selftrade helps to ensure that the individual needs of all online traders are met to the best of their ability.
selftrade also includes excellent trading conditions that are readily available to all and not only an elite group of institutional customers. The tight spreads and fast executions are a fantastic benefit for all traders. The technology embraced by selftrade is of the maximum caliber, ensuring that it is fast, reliable, and effective.
selftrade acknowledges the significance of having a quick order execution. A quick execution enables users to exchange without fretting about slippage safely. It is going to also aid the dealers to grab any opportunities.
Copy trading is another major facet of selftrade. A new dealer can learn from business experts utilizing the automatic copy trading option. This means you can see the best performing brokers and instantly copy their trades and benefit from their expertise
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, selftrade offers social trading which encompasses leading traders sharing their knowledge with the community. selftrade's social trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of copy trading
selftrade has over 187 trading instruments to support all kinds of traders. These tools are lively and suitable for both new and seasoned traders. All traders can put aside all their worries when trading with selftrade.
selftrade Overview
Year Founded: 2013
Regulated By: Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F304
Hedquarters: Australia
Minimum Deposit: $250
Number Of Clients: 14,000,000+
Your capital is at risk
If you feel that selftrade is not right for you then at the bottom of this selftrade review you will find a lot of alternatives to selftrade.
What you ought to know about trading with selftrade
selftrade is a dynamic platform that provides various techniques of trading online. These tools cover the monetary markets considerably. The Majority of the broker platforms provide fewer methods than selftrade
If you want to trade with selftrade, you will require a minimum deposit of $250. This deposit is required if you would like to begin trading using selftrade. This 2023 selftrade review will guide you safely about trading with them.
selftrade is as versatile as another brokerage platform. selftrade is ideal for traders who want a manageable variety of cheap services. The platforms provided by selftrade are third party, white-label offerings. All traders may select out of MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Together with everything, selftrade has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time on which a trade has to be kept open. The brokers provide premium customer service that rewards customers with benefits.
Many unprofessional brokers attempt to pressurise users into larger funding for premium services. selftrade, however, is more concentrated on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the more advantages will come along.
selftrade accounts are available globally and provides excellent service everywhere they have clients. There are a few countries where selftrade accounts are not available. Traders in the following countries cannot open or use a selftrade account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is selftrade Safe To Trade With In 2023?
Founded in 2013, selftrade has been operating for 10 years, they have a head office in Australia
selftrade is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F304. These figures have rules that mandate that trading platforms have measures in place to keep investor's resources secured. This means that selftrade users don't need to be worried about their money as it is segregated and safely stored in banks that are established. SSL encryption simplifies each user's private information as well.
You can make use of an option for Two Factor Authentications (2FA) with selftrade for heightened safety. An SMS for the confirmation code will be sent to your mobile phone. You'll be required to enter this code to log into your accounts.
Another concern with online brokers with respect to safety may be manipulation of trading. This is highly disadvantageous for consumers on those platforms. However, this is more prevalent in the case of Market Maker agents who compete with customers on the platform.
selftrade Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With selftrade
Every online trading platform has some ups and downs, and no selftrade review would be complete without showing both sides. This selftrade review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
selftrade Pro's
selftrade is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F304.
selftrade offers customer support over the phone.
selftrade provides customer support over email.
selftrade gives access to customer support over livechat.
selftrade offers negative balance protection.
selftrade doesn't charge inactivity fees.
You can trade Cryptocurrencies with selftrade.
selftrade has over 100 employees.
selftrade offers social trading.
selftrade offers copy trading.
selftrade allows scalping.
selftrade allows hedging.
selftrade allows commodity trading.
You can trade metals with selftrade.
You can trade energies with selftrade.
selftrade Con's
selftrade is not highly rated by us. selftrade hasn't won any awards. selftrade doesn't offer guaranteed stop loss. selftrade has a high minimum deposit requirement. selftrade charges withdrawal fees.Compare Brokers Similar To selftrade
Regulation And Licencing In More Detail
selftrade is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F304.
selftrade, as a company, has a powerful set of rules for ensuring fair trading onto its own platform. For data encryption functions, it provides an industry-standard secure socket layer (SSL).
In accordance with the organization's privacy regulations, client information is to not be shared with any other institutions or individuals. Including credit history and other financial details.
selftrade Awards
At the time of writing this selftrade review, and despite selftrade’s impressive offering, the company has surprisingly not garnered any awards to date.selftrade Trading Platforms
selftrade are a trustworthy brokerage that has been open for over 10 years. They offer a wide range of options in their client accounts.
Below we take the main parts of any professional broker and compare selftrade against freetrade, and easyMarkets.
selftrade MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with selftrade in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. selftrade MetaTrader 4 is compatible with the latest macOS. selftrade allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and selftrade
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With selftrade MetaTrader 4 On iOS Devices
You can download the selftrade app or also trade with selftrade through the MetaTrader 4 application on the Apple app store.
Download the selftrade MetaTrader 4 Program free of charge from Apple's App Store. selftrade customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With selftrade MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. selftrade provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 14,000,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android selftrade MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit you need to begin on selftrade is $250. This is a decent amount for people just beginning. You can make more complex deposits as you cooperate. But, ensure you know how to make the most of your cash before investing in larger amounts.
Commission And Fees Explained
selftrade is an online brokerage platform, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled better. In other words, an online broker isn't necessarily affected by the amount of clients they have.
But this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly three types of penalties for this objective.
The first kind of fees to look out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you're charged trading fees. In these instances, you're paying a spread, funding rate, or a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread denotes the gap between the buying and selling cost. Funding or overnight prices are those that are charged when you maintain a leveraged position for longer than daily.
Aside from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake in your accounts. They are charged for services like depositing money, not trading for long periods, or withdrawals.
Generally, selftrade doesn't charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for those who often exchange, such as weekly or daily trading.
However, non-trading fees charged by selftrade are comparatively greater. As a result, you are charged more for non-trading actions on your trading accounts, like withdrawal and deposits. These aren't about the purchase and sale of assets.
This selftrade review breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees Of selftrade
selftrade Withdrawal Fees Explained
selftrade charges a withdrawal fee if you make a bank transfer. Every time you move money back into your bank accounts, these withdrawal charges become applicable.
Withdrawal of money is possible at any moment from your selftrade account. It's possible to withdraw up sums to the sum of your account balance, keeping aside the perimeter used. One thing to keep in mind is that you don't always have to have any money on your accounts.
In addition, the withdrawn money will be transferred directly to the accounts you use to create deposits. Therefore, if you used a credit card for deposits, then the withdrawn cash is going to be sent to the cardselftrade will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing cash in different currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the currency you're opting to withdraw in.
selftrade Inactivity Fees Explained
selftrade doesn't charge inactivity fees so you are free to utilize your account as needed
Even if no fees are implied by selftrade, it's best that you close the account if you are inactive. Inactivity fees are not only charged by broker companies but also many financial services.
For additional trading platforms, the inactivity fee is contingent upon the type of account you've chosen. The inactivity fee is subjected to many circumstances and should be disclosed clearly by the broker beforehand.
selftrade Deposit Fees Explained
When you move money in your trading account from your bank account, a deposit fee can be billed by the broker. Most brokers don't charge too much money for this particular operation.
selftrade charges a deposit fee for transferring money into your trading account.
Depositing cash into the selftrade trading platform is easy. You simply need to complete a single-user profile questionnaire to start depositing money into your trading account. You will have to provide an identity evidence and evidence of residency to deposit large amounts.
Compare selftrade Vs Other Broker Deposit Methods
What Can You Trade With selftrade in 2023?
Note: selftrade provides many different trading instruments due to regulatory restrictions in many countries. Trading instruments offered can be different depending on the country of residence of the client.
selftrade has a wide variety of over 187 instruments available for you to trade with.
If trading forex pairs is of interest to you then selftrade offer over 157 currency pairs.
Compare selftrade, freetrade & easyMarkets below.
selftrade Trading App Review
Note: selftrade's mobile app has a lot of functions and is being developed all the time. The table below was accurate at the time of compiling this selftrade broker review.
Understand the capabilities of the mobile apps of selftrade, freetrade & easyMarkets below.
Trading Education Available At selftrade
Understand the trading resources available with selftrade, freetrade & easyMarkets below.
selftrade Customer Support
As part of this selftrade broker review we looked at the options for customer service, response times and on the selftrade trading platform issue resolution effectiveness. selftrade support many languages, including English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
selftrade Live Chat Support
We have tested the live chat on selftrade, and it was very effective. We sent messages via selftrade livechat via their website and app and recieved a response in less than 20 seconds. There was sometimes no response.
We have tested communication with selftrade support in multiple languages and in various countries. selftrade were capable of resolving our client's problems.
selftrade Phone Support
We phoned selftrade and the call was responded to very promptly. The call was answered within less than 5-10 minutes.
The selftrade phone support team was able to successfuly answer our questions and concerns via phone. We tested the multi-lingual selftrade team by calling them in various languages. selftrade made an effort to make sure all of our questions were answered.
The overall support via phone from selftrade was okay.
selftrade Email Support
We have sent numerous messages to selftrade and the response times were all excellent. The fastest email response time from selftrade was 5 hours while the slowest response was 12 days! There were times when there were no responses. Support response times can vary for you at selftrade, but this was our experience sending out 10 emails at different times.
The team solved and responded to our queries. The overall average of email support provided by selftrade was good.
Alternatives To selftrade
If, after reading this selftrade review, they don't meet your needs check out these selftrade alternatives.
We have scoured the internet to find the best alternatives to selftrade. Click on the links below to learn more.
Frequently Asked Questions
Can I try selftrade before I buy?
Absolutely! you can most definitely try selftrade before you buy. selftrade provides demo accounts for the ease of new traders. You may use this feature to build your faith in the machine and yourself and your trading strategies.
If you register for a demo account with selftrade, you will set out using a decent amount of virtual money. It is to establish a feeling of security and confidence in you before you decide to invest your own money.
With a virtual selftradedemo account, you can experiment in any way, to whatever length you wish. You can also open positions, examine different trading strategies, and more.
selftrade specifies on its official site how you can trade real time stocks in a demo account.
Is selftrade safe?
It is possible to drop all your worries because we believe that selftrade is perfectly safe to use. It is in compliance with all the principles of Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F304.
Even so, selftrade doesn't provide assured stop-loss protection.
Why does selftrade ask for my passport?
The reason that selftrade asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, selftrade has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, selftrade must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with selftrade?
The process to start trading with selftrade is super simple. You need to begin by signing up on the selftrade website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but selftrade are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with selftrade is $250. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with selftrade.
The best way to kickstart your trading career with selftrade is to open a demo account facility before risking any real money
What funding methods do selftrade accept?
There are a number of ways to fund your account with selftrade. The process is effortless and quick, with different payment methods in your fingertips.
You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You have to bear in mind that PayPal isn't available in every country. The monies selftrade accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity also, even though it takes about 4-7 days.
Is my money safe with selftrade?
Yes, your money is safe and secure with selftrade. As you already know, selftrade works with proper conformation to regulations. It's established plenty of measures to protect all its own investors.
selftrade protects its customers' private and sensitive information under SSL encryption. Your funds will be retained highly secure in top-tier banks.
If you wish to further protect your account, it is possible to empower Two-Step Verification also. It takes an SMS confirmation that you access your account.
Is selftrade trading good?
Yes, trading via selftrade is a nice and good experience indeed. It is an excellent and intuitive platform with useful features for your ease. Moreover, you could even gain access to a huge selection of educational tools and assistive substance to kickstart your trading experience.
If you are still skeptical, you can open a eToro demo account and assess the trustworthiness of the platform for yourself.
Which Countries do selftrade support?
selftrade operates around the globe. However, due to regulations selftrade can't accept clients from Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is selftrade legit?
selftrade is a legit company headquarted in Australia since 2013. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F304. selftrade is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is selftrade a good broker?
selftrade is an excellent agent, and its users can vouch for it. The highlight of the platform is its quick order execution on trades.
You'll discover the clean layout of this platform and the admirable features that are pleasant to work with.
Is selftrade a trustworthy broker?
Yes, selftrade is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 14,000,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for selftrade?
The minimum deposit to open a live account with selftrade is $250
How long do selftrade withdrawals take?
Normally, withdrawal of money from selftrade is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from selftrade to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is selftrade regulated?
selftrade are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F304
Is selftrade a market leading broker?
selftrade is currently one of the business leaders. It has over 14,000,000+ registered users and over 10 years of experience on its record. They're among the world's top trading platforms and a prominent figure in the Fintech revolution.
It simplifies this standing to its unbelievable platform and broad range of tools plus resources so that you can put money into capital markets.
Is selftrade a con?
No, selftrade is not a con. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F304 and must adhere to their rules. Thus, it is safe to say that selftrade is not a scam.
Can you make money with selftrade?
Through selftrade, several traders make a great deal of money. But, just like all online trading platforms, it is important to note that traders can also lose money. In particular, Your capital is at risk
This may seem like a small number, but within the year, this adds to a substantial number of gains. Even though selftrade supply you all the tools to make money, they can't guarantee that you will profit.
Does selftrade have fees?
Yes. To begin trading using selftrade, you have to deposit $250. Particular commissions while trading also applies. Any processing fees from your bank will have to be incurred by you.
When was selftrade founded?
selftrade was founded in 2013 in Australia. selftrade is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F304.
How many people use selftrade?
selftrade is a worldwide recognised agent with 14,000,000+ clients.
Where is the selftrade head office?
selftrade has its head office in Australia
Does selftrade offer negative balance protection?
Yes, selftrade has Negative Balance Protection. It is especially offered while the market volatility prevents clients from letting their account go into the red. In a situation like this, selftrade provides the ability to reset a clients account balance to zero.
You are able to go through the important conditions on selftrade's site to comprehend their policies better.
Does selftrade offer guaranteed stop loss?
selftrade, unfortunately, does not offer guaranteed stop loss. selftrade gives a chance for its traders to close their trades in their given price. Aside from this, selftrade doesn't offer guaranteed stop loss.
Does selftrade allow scalping?
Yes, selftrade does allow scalping. Many traders throughout the world choose selftrade due to their scalping services. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps which let this.
Does selftrade allow hedging?
Yes, selftrade does allow hedging.
Can you trade energies with selftrade?
Yes, you can trade energy stocks with selftrade
Can you trade agricultural shares with selftrade?
No, unfortunately you cannot trade agricultural stock with selftrade
Can you trade cryptocurrency with selftrade?
Yes, you can trade cryptocurrency with selftrade
Can you trade metals with selftrade?
Yes, you can trade metals with selftrade
Can you trade UK Shares with selftrade?
No, unfortunately you cannot trade UK shares with selftrade
Can you trade US Shares with selftrade?
No, unfortunately you cannot trade US shares with selftrade
Can you trade Japanese Shares with selftrade?
No, unfortunately you cannot trade Japanese shares with selftrade
Can you trade German Shares with selftrade?
Yes, you can trade German shares with selftrade
Does selftrade accept bank transfers?
Yes, selftrade accepts bank transfers for depositing money.
Does selftrade accept credit cards?
Yes, selftrade accepts credit cards for depositing money.
Does selftrade accept PayPal?
Yes, selftrade accepts PayPal for depositing money.
Does selftrade accept Skrill?
Yes, selftrade accepts Skrill for depositing money.
Skrill (formerly Moneybookers) is a digital wallet provider established in 2001 which offers a range of online payment and transfer services.
Since its inception, Skrill has expanded to be available in more than 120 countries with the digital wallet offered in more than 40 currencies. Customers can deposit money into their Skrill wallet through a variety of options for payment, including credit cards, bank transfers and a variety of other payment methods. The funds can later be used to pay merchants or others Skrill users, or transferred to cryptocurrency.
Skrill also allows cross-border transactions via its remittance service Skrill Money Transfer. The service enables customers to send money to a bank account in another country using their bank card. In 2015, Skrill has been acquired by Paysafe Group along with former competitors Neteller and prepaid payment service paysafecard.
Skrill has several licenses that allow it to provide its services across Europe as well as globally. Skrill is operated through Paysafe Payment Solutions Limited, an entity that is incorporated in Ireland and is regulated by the Central Bank of Ireland, for its European controlled activities. Skrill's operations outside Europe are managed by European Economic Area are operated by Skrill Limited - a company that is incorporated inside the United Kingdom and regulated by the Financial Conduct Authority.
Does selftrade accept Payoneer?
Yes, selftrade accepts Payoneer for depositing money.
Payoneer, an American financial services company, offers online money transfer and digital payment services. It also provides working capital to customers.
Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. This company is a specialist in cross-border B2B transactions. The company facilitates cross-border transactions in more than 200 countries and territories, as well as more than 150 local currencies. It also offers cross-border wire transfers, online payments and refillable debit cards services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It is also used by eCommerce marketplaces such as Rakuten, Walmart and Wish.com, freelance marketplaces such as Fiverr and Envato, and works with ad networks to connect these firms with publishers based outside of their headquartered country.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast and cheaply.
Does selftrade accept Neteller?
Yes, selftrade accepts Neteller for depositing money.
Does selftrade offer Live Chat customer support?
Yes, selftrade offers customer support through live chat.
Does selftrade offer phone customer support?
Yes, selftrade offers customer support over the telephone.
Does selftrade offer email customer support?
Yes, selftrade offers customer support through email.
What languages can selftrade communicate in?
selftrade has the ability to communicate and support customers who speak: English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Does selftrade have a wikipedia page?
No, selftrade does not have an official wikipedia page.
Does selftrade offer demo accounts?
Yes, selftrade offers demo accounts so you can test your trading strategies before risking any real money. Inexperienced traders can open a demo account in order to become better acquainted with the areas of Forex trading and test out some of the features before risking a live account.
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