selftrade Review: Pros & Cons | Updated for 2024
This selftrade review has been updated for 2024 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 professional trading partner that was founded in 2013. They have around 220 employees that help the company offer Financial Markets Access, to 14,000,000+ customers 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.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
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 latest details about selftrade.
If you are new to the realm of trading online and brokers, so many facts will no doubt be confusing for you. Getting into the area of trading online demands expert assessing skills and comprehensive understanding. You will get proficient at all of the concepts of trading online and brokerages as you continue trading. For starters, you need to choose the ideal broker who will always be transparent with you.
Within the fast-paced world of stock markets and online trading, you'll need advice to make correct decisions. A professional, direct investment online broker could aid you in minimising any potential losses and maximising any profits. selftrade is just one such platform that will help you. It's important that you know all you can about any broker until you trust them with your money.
When engaging in online trading with platforms such as selftrade, it's crucial to thoroughly evaluate selftrade as your broker, as this choice can significantly impact your success. Selecting the right broker is vital for your selftrade investments to thrive. However, be cautious of bogus and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be cautious and comprehensive in your selftrade broker selection to protect your hard-earned money. Performing your due diligence and researching the credibility of selftrade, its track record, and reputation is vital. Moreover, ensure the selftrade broker's offerings, trading tools, fees, and regulation align with your requirements.
Remember, selftrade should be a supportive ally on your trading journey.
Our team has devoted their efforts to simplify the intricate world of trading with selftrade into easily understandable information in this selftrade review. Our goal is to equip you with the knowledge necessary to confidently use selftrade trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with selftrade are the cornerstone of successful trading. As such, we've provided this comprehensive selftrade review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about selftrade and how it can benefit you, or if selftrade might not be the right fit for you.
selftrade Review for 2024 – Brief Overview
| 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 need to know about trading with selftrade. A good broker can take your initial investments and help to protect it from losses but also provide you a platform that can help to give you positive 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 way to ensure profits; therefore, you should carefully analyze your agent before you choose them. It's a common misconception that all agents will be exactly the same, but that is not true. Wrong judgment, initially, can set your investments in danger.
selftrade is a trading partner that has forged its way successfully to the broker world. Within this review, we've attempted to collate a number of the important facets of selftrade. This guide will allow you to understand whether selftrade is a good match for your own investments or not. We have attempted to breakdown all the features and charges for your advantage.
Who are selftrade?
selftrade is a forex broker headquartered in Australia and provides a range of instruments for online trading. Since its establishment in 2013 they have emerged as a leading player in the field of online trading. selftrade has a highly reputable and full-featured trading website that's focused on currency, indices, metals, stocks , commodities.
Over the past 11 years, selftrade has developed into one of the best online brokers available to the public.
After being founded in 2013, their consumer base has become as large as 14,000,000+ clients.
selftrade is the favourite for many stock dealers because of its negative balance protection. Our selftrade account review discovered that they're a professional choice for online trading options. They are most appropriate for investors who are looking for an assortment of assets. Social and easy to use trading options are the heart at selftrade.
Technology plays a significant role at selftrade. They offers trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps. selftrade is honest, transparent, and a well-regulated broker 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 tools will be beneficial for most traders. Third-party partnerships also supply in-house analysis.
The educational department at selftrade is quite insightful for new traders since it allows them to have a closer look in the financial markets. selftrade caters to all sorts of traders and are a must-have broker for any well-diversified approach to online trading.
Benefits of using selftrade in 2024
Trading with selftrade comes with numerous benefits. These benefits are what sets selftrade ahead of the rest of the online agents. You need to check all of the benefits listed so you have a better understanding of selftrade.
The broker goes to great lengths to comprehend what traders want. As a result, the service, quick, and convenient. The broker also provides a number of platforms for all types of traders. selftrade ensures that the individual needs of all online traders are met to the best of their capabilities.
selftrade also includes excellent trading conditions which are available to all and not only an elite group of institutional customers. The tight spreads and fast executions are a great benefit for all traders. The technology adopted by selftrade is of the highest caliber, ensuring that it is fast, reliable, and effective.
selftrade admits the significance of having a quick order execution. A fast execution will allow users to exchange without fretting about slippage safely. It will also aid the dealers to grab any opportunities.
Copy trading is another important aspect of selftrade. A new dealer can learn from business experts utilizing the automatic copy trading option. This allows you to see the best performing traders and instantly mirror 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. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. This is independent copy trading.
selftrade has over 187 trading tools to support all types of traders. These tools are lively and suitable for both the new and experienced traders. All dealers can set aside all their worries when trading using 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.
Everything you should know about trading using selftrade
selftrade is a dynamic platform that provides various techniques of trading. These instruments cover the financial markets substantially. The Majority of the brokerage platforms provide less approaches than selftrade
If you wish to exchange with selftrade, you will need a minimum deposit of $250. This deposit is mandatory if you would like to start trading with selftrade. This 2024 selftrade review will direct you clearly about trading with them.
selftrade is as versatile as another brokerage platform. selftrade is great for traders that want a manageable range of low-cost services. The programs offered 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 is no minimum time on which a trade has to be kept open. The brokers offer premium customer service which rewards customers with advantages.
Many less reputable brokers try to pressurise consumers into bigger funding for premium services. selftrade, on the other hand, is much more focused on trading volume. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the greater benefits will come along.
selftrade accounts are available all over the world and provides outstanding 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 2024?
Launched in 2013, selftrade has been open for 11 years, they are headquarted 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 bodies have rules that make sure that trading platforms have steps in place to keep investor's resources secured. This usually means that selftrade users do not need to be worried about their money as it's segregated and safely stored in established banks. SSL encryption secures every user's personal information as well.
You are able to make use of a choice for Two Factor Authentications (2FA) with selftrade for heightened safety. An SMS with the confirmation code will be sent to your phone. You'll be required to enter this code to log into your account.
Another concern with online trading brokers is in respect to security might be manipulation of trading. This is highly disadvantageous for users on those platforms. However, this is much more widespread in the example of Market Maker agents who compete with users 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 has been trading for 11 years.
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 business, has a powerful set of rules for ensuring fair trading onto its platform. For data encryption functions, it supplies an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, customer 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 professional brokerage that has been operating for over 11 years. They offer a large range of options in their customer accounts.
In the following table we take the main parts of any great brokerage and compare selftrade against Startrader, and freetrade.
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 must deposit to get started on selftrade is $250. This is a decent amount for those just beginning. It's possible to create more complex deposits as you go along. However, make certain you know how to make the most of your money before investing larger sums.
Commission And Fees Explained
selftrade is an online brokerage platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled better. In other words, an internet broker is not necessarily influenced by the amount of clients they have.
But this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are primarily three different types of penalties for this purpose.
The first kind of charges to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're billed trading fees. In these instances, you're paying a spread, funding rate, or even a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread refers to the difference between the buying and selling price. Funding or overnight rates are those that are charged when you hold a leveraged position for more than a day.
Aside from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake on your account. They're billed for things like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, selftrade doesn't charge high fees compared to other online brokers. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for people who regularly trade, such as daily or weekly trading.
But, non-trading fees charged by selftrade are comparatively competitive. As a result, you're billed more for non-trading activities in your trading accounts, such as deposits and withdrawal. These are not related to the purchase and sale of assets.
This selftrade review breaks down each 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 into your bank accounts, these withdrawal charges become applicable.
Withdrawal of cash is possible at any moment from your selftrade account. You can draw up sums to the sum of your account balance, keeping aside the perimeter used. One thing to remember is that you don't always have to have any money on your account.
In addition, the withdrawn money will be moved directly to the accounts you use to make deposits. Therefore, if you used a credit card for deposits, then the withdrawn money is going to be sent into the cardselftrade will ask you to provide other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing cash in different currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the currency you are opting to draw 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 for you to close the account if you are inactive. Inactivity fees aren't just charged by brokerage companies but also many financial services.
For additional trading platforms, the inactivity fee depends on the sort of account you've chosen. The inactivity fee is exposed to a lot of circumstances and needs to be revealed clearly by the agent beforehand.
selftrade Deposit Fees Explained
When you transfer 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 onto the selftrade trading platform is easy. You just need to finish a single-user profile questionnaire to begin depositing money into your trading account. You will have to provide an identity evidence and proof of residency to deposit large sums.
Compare selftrade Vs Other Broker Deposit Methods
What Can You Trade With selftrade in 2024?
Note: selftrade provides a lot of different trading instruments due to regulatory restrictions in many countries. Trading instruments offered may differ based 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, Startrader & freetrade below.
selftrade Trading App Review
Note: selftrade's mobile app has many functions and is being constantly developed. The below information was correct at the time of writing this selftrade broker review.
Understand the capabilities of the mobile apps of selftrade, Startrader & freetrade below.
Trading Education Available At selftrade
Understand the trading resources available with selftrade, Startrader & freetrade below.
selftrade Customer Support
For our selftrade broker review we looked at the customer service options as well as response times. on the selftrade trading platform issue solving effectiveness. selftrade provides support in various languages, including English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
selftrade Live Chat Support
We tried the live chat on selftrade and it worked flawlessly. We sent messages to selftrade livechat via their website and app and recieved a response within 20 seconds. There was sometimes no response.
We tested communicating through selftrade support in a variety of languages across multiple countries. selftrade were successful in resolving customers' concerns.
selftrade Phone Support
We made a call to selftrade and the call was responded to very quickly. It was responded to in less than 5-10 minutes.
The selftrade phone support team were able to effectively address our queries and problems via phone. We tested the multilingual selftrade team by calling in varying languages. selftrade made an effort to make sure all of our questions were answered.
The overall phone support provided by selftrade was good.
selftrade Email Support
We sent several emails to selftrade and answer times overall were excellent. The fastest email response from selftrade was 5 hours and the most slow response was 8 days! There were times when there were no responses. Support response times can vary for you with selftrade, however we have had this experience sending out 10 emails at various times.
The team solved and responded to our questions. The overall average of email support provided by selftrade was outstanding.
Alternatives To selftrade
If, after reading this selftrade review, they don't quite fulfill your requirements check out these selftrade alternatives.
We have scoured the internet to find the best alternatives to selftrade. Click the links below to find out more.
Frequently Asked Questions
Can I try selftrade before I buy?
Yes, you can most certainly try selftrade before you buy. selftrade provides demo accounts for the convenience of beginner traders. You can use this feature to build your faith in the machine as well as yourself and your trading strategies.
If you sign up to get a demonstration account on selftrade, you may set out with a decent amount of virtual currency. It is to establish a sense of security and confidence in you until you decide to invest your own money.
With a digital selftradedemo account, you can experiment at all, to whatever period you wish. You might even open positions, examine different trading strategies, and more.
selftrade shows on its official site how you can trade real time stocks in a demo account.
Is selftrade safe?
You can drop all of your worries since we believe that selftrade is completely safe to use. It is in compliance with the rules 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.
Nevertheless, selftrade doesn't have 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 multiple ways to finance your account with selftrade. The process is effortless and quick, with different payment methods at your fingertips.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You have to keep in mind that PayPal is not available in every place. The monies selftrade accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility as well, though it takes approximately 4-7 days.
Is my money safe with selftrade?
Yes, your money is safe and protected with selftrade. As you already know, selftrade works with proper conformation to regulations. It has established plenty of steps to protect all its own investors.
selftrade safeguards its clients' personal and sensitive data under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you wish to further safeguard your accounts, you can enable Two-Step Verification as well. It requires an SMS affirmation for you to access your account.
Is selftrade trading good?
Yes, trading through selftrade is a pleasant and good experience indeed. It is a great and intuitive platform with helpful features for your ease. In addition, you can even gain access to a vast collection of educational resources and assistive substance to kickstart your trading expertise.
If you are still skeptical, it is possible to start a eToro demo account and evaluate the trustworthiness of the platform on your own.
Which Countries do selftrade support?
selftrade operates across the world. However, due to regulations selftrade doesn'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 a great broker, and its own users can vouch for it. The highlight of the platform is its quick order execution on transactions.
You'll discover the clean layout of this platform and the commendable features 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 indisputably among the industry leaders. It supports over 14,000,000+ registered users and over 11 years of experience on its record. They are one of the world's top trading platforms and a dominant figure in the Fintech revolution.
It simplifies this status to its incredible platform and broad selection of tools plus resources so you can invest in 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?
Using selftrade, many traders make a great deal of cash. But, just like all online brokerages, it is important to note that traders can also lose money. In particular, Your capital is at risk
This can look to be a little number, but over 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 with selftrade, you need to deposit $250. Certain commissions while trading also applies. Any processing fees from your bank might 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 globally recognised broker with 14,000,000+ customers.
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's specially offered while the market volatility prevents clients from allowing their accounts go in the red. In such a scenario, selftrade provides the ability to reset a clients account balance to zero.
You should go through the critical terms and conditions on selftrade's site to understand their policies better.
Does selftrade offer guaranteed stop loss?
selftrade, unfortunately, does not provide guaranteed stop loss. selftrade provides a chance to its traders to close their trades at their given price. Aside from that, selftrade doesn't provide guaranteed stop loss.
Does selftrade allow scalping?
Yes, selftrade does permit scalping. Many traders across the world select selftrade due to their services that are trading. 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 an online wallet service that was established in 2001 that offers a range of online payment and transfer services.
Since its inception, Skrill has expanded to operate in more than 120 countries, with its digital wallet offered in more than 40 currencies. Customers can deposit money into their Skrill wallet by using a variety of options for payment, including credit cards, bank transfers as well as a variety of alternative payment methods. The funds can then be used to pay merchants, other Skrill customers, or converted into crypto.
Skrill also offers cross-border payments via its remittance service Skrill Money Transfer. It allows customers to transfer money to a bank account in another country using their bank card. It was in the year 2015 that Skrill has been acquired by Paysafe Group along with former competitors Neteller and prepaid payment provider paysafecard.
Skrill has several licences that permit it to provide its services throughout Europe and around the world. Skrill is managed via Paysafe Payment Solutions Limited, which is a company that is registered in Ireland and is regulated by the Central Bank of Ireland, for its European controlled activities. Skrill's activities outside of its European Economic Area are operated by Skrill Limited - a company incorporated within 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 and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card. The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. The company specializes in facilitating cross-border B2B payments. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It's also used by eCommerce platforms like Rakuten, Walmart, Wish.com, and freelance marketplaces like Fiverr, Envato, and works in conjunction with ad networks to link these companies with publishers based out of their headquartered countries.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
Payoneer's customer service team includes 320 employees that support 4,000,000 customers in 70 languages and in 150 currencies.
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly 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 learn their systems before risking any real money. New traders can open a virtual portfolio account in order to better understand the areas of Forex trading and test out some of the features before risking a live account.
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