WH SelfInvest vs SmartFX

WH SelfInvest or SmartFX – which is better for UK traders 2024? Compare WH SelfInvest and SmartFX in this detailed breakdown of their platforms, features and fees.

WH SelfInvest vs SmartFX Comparison Table 2024
WH SelfInvest SmartFX
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1.3
WH SelfInvest is ranked #97 among CFD brokers. SmartFX is ranked #97 among CFD brokers.
WH SelfInvest facilitates multi-asset trading through web & downloadable platforms. SmartFX is an offshore regulated CFD and forex broker with MT5 integration and 5000+ instruments. The brand offers 24/5 customer support and one account type for simplicity. SmartFX is regulated by the Vanuatu Financial Services Commission (VFSC).
Pros
  • I'm pleased to see the world-renowned MetaTrader 5 terminal available, with all integrated tools including the MQL5 development environment, signals and a forex VPS
  • There's 24/5 multilingual customer support available via live chat, telephone and email, making it easy for clients to reach the broker during peak times
  • I found commission-free deposits and withdrawals on offer with instant processing times for some account funding methods
  • I like that beginners can access copy trading opportunities via the Social Trading network
Cons
  • I'm concerned about the general lack of transparency on the website which makes me question how much trust I can put in this broker
  • The offshore regulatory oversight by the Vanuatu Financial Services Commission (VFSC) raises serious security concerns for me
  • There's barely any additional tools and resources available, and the educational content is weak compared to top brands
  • I wasn't able to access any cryptocurrency trading opportunities, which is a drawback compared to similar brands
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Futures, CFDs, stocks, bonds, ETFs Forex, CFD-indices, CFD-equities, futures
Demo Account
Yes Yes
Minimum Deposit
€500 $500
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
BaFin, CSSF, FSMA, AFM VFSC
Mobile Apps
Yes Yes
iOS App Rating
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Android App Rating
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Margin Trading
No No
MetaTrader 4
Yes No
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Yes Yes
Copy Trading
No No
Social Trading
Yes No
Trade Signals
Yes (SignalRadar) Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes No
Commodities
  • Gold
  • Silver
  • Gold
  • Silver
CFD
Invest in multiple financial markets with leveraged CFDs. I think the 5000+ CFD instruments including forex, commodities, indices and stocks should serve active traders well. The MT5 platform also offers plenty of advanced tools and features to facilitate complex CFD trading strategies.
Leverage
1:50 1:400
FTSE Spread
0.3 Floating
GBPUSD Spread<
2 Floating
Oil Spread
2.5 Floating
Stocks Spread
Floating Variable
Forex
Trade on the FX market with flexible leverage. I found an average range of 45+ major, minor and exotic currency pairs at SmartFX, tradable on the MT5 platform. I did appreciate the flexible leverage up to 1:400 and minimum order sizes from 0.01 lots.
Assets
69 43
GBPUSD Spread
2 Floating
EURUSD Spread
1.9 Floating
EURGBP Spread
2 Floating
WH SelfInvest SmartFX
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