Selftrade Review 2020

Selftrade Rated 3/5
learn more Learn more about eToro. 71% of retail investor accounts lose money when trading CFDs with this provider.
Selftrade Review Screenshot

Selftrade Guide - Read our In Depth Selftrade Review

This Selftrade review was written by industry experts with over 20 years of financial experience in Share Dealing.

What is Selftrade?

Selftrade are an a global online financial trading platform and multi asset broker founded in 2008

Over 12 years later Selftrade has grown to offering retail investors Share Dealing trading.

Selftrade are a global broker and have a head office in United Kingdom.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this Selftrade review and assess how well the Selftrade platform functions in its role as an international multiple financial asset trading platform for traders in 2020.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like Selftrade can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of Selftrade we breakdown the pros and cons. What Selftrade are able to offer, what countries Selftrade are available in. Who Selftrade are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this Selftrade review useful.

This review of the Selftrade platform is very detailed. If you are interested in trading with Selftrade in any capacity please take the time to read and research the whole Selftrade review.

We have tried to explain the ins and outs of financial trading through the Selftrade platform as plainly as possible so that you the trader are as informed as possible before you start to use the Selftrade trading tools and depositing and withdrawing funds from Selftrade.

Benefits of trading with Selftrade

Open Selftrade's Website

Your capital is at risk

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with Selftrade like Share Dealing trading. you should have confidence in Selftrade and know that the management of your financial investments on the Selftrade platform is in good hands.

At the bottom of this Selftrade review you can also learn about some pretty good alternatives to Selftrade

With this Selftrade review we hope to help you see if Selftrade is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Selftrade that will help you get off to a good start in the world of online trading.

Selftrade Review Table of Contents

Selftrade review
Selftrade is a Multi-Assets Trading Platform with over 202+ Assets

Learn more about Selftrade. Selftrade is a multi asset platform with 202+ tradable Assets. Assets available on Selftrade include Share Dealing.

Selftrade trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Share Dealing are considered financial assets.

Selftrade review
Features of Selftrade

Selftrade review
What you should know

Selftrade offer one way to trade: Share Dealing.

With Selftrade you will need a minimum deposit of $0. You can sign up for a demo account to acquaint yourself with Selftrade platform.

Selftrade are able to accommodate various levels of traders whether you are experienced or a beginner.

Selftrade review
Are Selftrade safe?

When choosing a broker like Selftrade the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2008, and in operation for 12 years Selftrade have a head office in United Kingdom.

Selftrade is regulated. This means Selftrade are supervised by and is checked for conduct by the Financial Conduct Authority (FCA) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Selftrade, this will be honored. If Selftrade violate any regulatory rules their regulated status could be stripped.

Selftrade review
Is my money safe with Selftrade?

Any payments funded to Selftrade accounts by traders are held in a segregated bank account.

For added security Selftrade use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

What are Tier 1 banks and why should Selftrade use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in Selftrade deposited in a Tier 1 bank?

Having any money you deposit with Selftrade means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Selftrade goes out of business for some reason.

Therefore, we can safely conclude that Selftrade is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Share Dealing is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Selftrade also clearly state on their platform that Your capital is at risk.

Now that we have answered some important questions regrding Selftrade. let us look at the Selftrade features in more detail.

Try creating two accounts when you are working with Selftrade. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Selftrade

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Selftrade as a Company Compare Against Other Brokers

Broker selftrade eToro IC Markets XTB
Year Established 2008 2006 2007 2002
Head Office United Kingdom Cyprus, UK Australia Poland
Regulation Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Used By 10,000+ Selftrade users 12,000,000+ eToro users 60,000+ IC Markets users 250,000+ XTB users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit Selftrade Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Selftrade review
Selftrade Pros and Cons

What we like about Selftrade

  • Used by over 10,000 Selftrade users and traders
  • Established in 2008
  • Regulated by Financial Conduct Authority (FCA)
  • Min. deposit from $0

What we don't like about Selftrade

Selftrade review
Selftrade Regulation and Licensing in more detail

We have checked and Selftrade is regulated and supervised by reputable organisations. You are able to check every Selftrade supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Selftrade. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Selftrade traders and provide a safe trading environment.

Selftrade is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Selftrade you should be sure they're legitimate online agent.

Selftrade review
Is Selftrade Global?

Yes, Selftrade is global as Selftrade is available in over 194 countries.

Selftrade is a global trading platform in the sense that it operates in 194 nations including nations in Europe, Asia, Oceania, and Africa. Major countries Selftrade covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. Selftrade has a total of more than 10,000 users.

Selftrade review
Selftrade Fees Explained

  • Selftrade withdrawal fees varies on payment method
  • Selftrade does charge a fee for inactive accounts.
  • Selftrade does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How Selftrade Fees Compare Against Other Brokers

Broker selftrade eToro IC Markets XTB
Min Deposit 0 200 200 0
Withdrawal Fees varies Yes No varies
Inactivity Fees Yes No No
Deposit Fees No Varies No
CFD Commission Fees No Yes Yes

Selftrade review
Selftrade Minimum Deposit

Selftrade do not require a minimum desposit when opening a Selftrade trading account.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Selftrade review
Selftrade Withdrawal Fees

Selftrade withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

Selftrade for example allow you to withdraw your funds to Credit cards, Skrill, Neteller.

Selftrade review
Selftrade Inactivity Fees

Selftrade does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Selftrade review
Selftrade Desposit Fees

Selftrade does charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Selftrade review
Selftrade Commission Fees

Selftrade does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

Selftrade review
What can you trade with Selftrade?

Be aware that Different entities under Selftrade Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with Selftrade over 202 instruments infact.

If you are looking at trading currency pairs Selftrade offer over currency pairs.

Compare Selftrade with eToro and IC Markets below.

Your capital is at risk

How Selftrade Trading Options Compare Against Other Brokers

Broker selftrade eToro IC Markets XTB
Instruments Available 202 2000 232 4000
Platforms iPhone,iOS,Mac,iPad,Android,WEB Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 50 65 50
Major Forex pairs No Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 0 19 21
Metals No Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 957 100 1696
UK Shares No Yes No Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit Selftrade
Your capital is at risk
Visit eToro
71% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Selftrade review
Trading on Selftrade web platforms and other applications

Selftrade offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.

An Selftrade IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

Selftrade also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.


See Selftrade's platforms

Selftrade review
Is the Selftrade Trading Platform Secure?

Selftrade safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Selftrade also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Selftrade.

Selftrade review
Selftrade Trading Platform Options

Selftrade does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.

Selftrade offer an their own custom trading platform developed and tested in house. The Selftrade trading platform allows traders to track their portfolios, track the current markets, locate trade ideas and place trades. The Selftrade platform allows traders to filter the financial marketplace for trade opportunities that match a criteria. With Selftrade you can look for and examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the Selftrade platform including news and quotes. Discover possible trades with the strong charting tools found with Selftrade. Selftrade is available as downloadable applications or online through the cloud. Monitor your orders with Selftrade and receive breaking news in your positions.

Selftrade Trading benefits :

  • Low min deposit

Selftrade Trading Accounts Offered :

  • Micro account

Can I try Selftrade before I buy?

Selftrade offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Your capital is at risk

Selftrade withdrawal and funding methods.

Please note that the list of Selftrade payment methods below depend on the Selftrade Entity and the Clients Country of Residence.

Selftrade offer the below funding payment methods. learn more about Selftrade

Selftrade Payment Methods

  • Selftrade accepts Credit cards
  • Selftrade accepts Skrill
  • Selftrade accepts Neteller
Broker selftrade eToro IC Markets XTB
Bank transfer No Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill Yes Yes Yes Yes
Payoneer No Yes No Yes
Neteller Yes Yes Yes Yes

How can I start trading with Selftrade?

When opening a trading account with Selftrade, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Selftrade trading platforms here.

Your capital is at risk

Performing trades with Selftrade

Selftrade allow you to execute a minimum of trade of . This may vary depending on the account you open. Selftrade allow you to execute a maxium trade of .

As a market maker, Selftrade may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the instruments.

Education resources at Selftrade

To trade effectively with Selftrade, it's important to get a have a good understanding of the Selftrade trading tools and the markets.

Selftrade offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Selftrade.

Take time to look around the Selftrade platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Selftrade

Selftrade support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

Selftrade have a D grade support rating because because sometimes the response was slow or our query wasnt answered. Selftrade less customer support features compared to other brokers like live chat, phone and email support.

Livechat Support at Selftrade

Selftrade does not offer LiveChat Support.

Email Support at Selftrade

Selftrade does not offer Email Support.

Phone Support at Selftrade

Selftrade does not offer Phone Support.

See how Selftrade Support Compares Against Other Brokers

Broker selftrade eToro IC Markets XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit Selftrade Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with Selftrade

As Selftrade is regulated by Financial Conduct Authority (FCA), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under Selftrade Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Selftrade's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Selftrade you can visit the Selftrade trading platform here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://selftrade.co.uk/ on November 23, 2020.

Selftrade review
Is Selftrade A Good Broker?

We spent over 3 months examining Selftrade in depth. Although we found some very useful aspects of the Selftrade platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Selftrade broker.

  • Selftrade have a good track record of offering Share Dealing.
  • Selftrade has a history of over 12 years.
  • Selftrade has a reasonable sized customer support of at least 10.
  • Selftrade are regulated by Financial Conduct Authority (FCA). This means Selftrade fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Selftrade have regulation from a Tier 1 reputable country.
  • Selftrade has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Selftrade have an international presence in multiple countries. This includes local Selftrade seminars and training.
  • Selftrade are able to hire people from various locations in the world who can better communicate in your local language.

Selftrade Risk Disclaimer

Your capital is at risk

Selftrade review
Selftrade not quite right?

If after reading this Selftrade review, Selftrade does not fulfill your needs check out these Selftrade Alternatives.

Click here to view the best Selftrade Alternatives

We have spent years researching the best alternatives to Selftrade. Click the links below to learn more.

If you feel some of the above Selftrade are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Selftrade alternatives below.

Selftrade review
Related Selftrade Vs Comparisons

We have covered allot in this Selftrade review, If you want to see how Selftrade compares side by side with other brokers check out our Selftrade Vs pages.

If you would like to see how Selftrade stands up against other brokers you can read some of our Selftrade comparisons below. We compare side by side some of our top rated Selftrade versus comparisons. Read our indepth Selftrade VS pages below.

Selftrade review
SELFTRADE Frequently Asked Questions

Can I try Selftrade before I buy?

Selftrade do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do Selftrade accept?

Please note that the list of payment methods below depend on the Selftrade Entity and the Clients Country of Residence.

Selftrade offer the following funding payment methods Credit cards, Skrill, Neteller, among other payment methods.
Learn more here

Your capital is at risk

Is Selftrade safe?

Selftrade are considered safe as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA). Any payments funded to Selftrade accounts by traders are held in a segregated bank account. For added security Selftrade use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is Selftrade trading good?

Selftrade is considered good and reputable to trade with Selftrade. Selftrade is used by over 10000 active traders and Selftrade users. Selftrade offers Share Dealing trading. Minimum deposit with Selftrade is 0.

Is Selftrade trading Legit?

Selftrade was founded in United Kingdom in 2008. Selftrade has been facilitating trade on the financial markets for over 12 years. Selftrade offers clients Share Dealing trading. All funds deposited to Selftrade are held in segregated tier 1 bank accounts for security. Selftrade is regulated by Financial Conduct Authority (FCA) so can be considered legit.

Is Selftrade a good broker?

Selftrade is overseen by the top tier financial regulators Financial Conduct Authority (FCA) so can be considered a good broker. Selftrade allows Share Dealing trading.

Is Selftrade trustworthy broker?

Selftrade can be considered trustworthy. All money funded to Selftrade is placed into a segregated tier 1 bank account. this means your money in not held by Selftrade directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Selftrade is regulated by Financial Conduct Authority (FCA).

What is the minimum deposit for Selftrade?

The minimum deposit to trade with Selftrade is 0.

How long do Selftrade withdrawals take?

Withdrawing money from Selftrade processing time varies but averages 2-5 days.

Is Selftrade regulated?

Selftrade is regulated by Financial Conduct Authority (FCA).

Is Selftrade a market maker?

Selftrade is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

How can I start trading with Selftrade?

When opening a trading account with Selftrade, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Selftrade trading platforms here.

Is my money safe with Selftrade?

Selftrade is regulated by Financial Conduct Authority (FCA). One of the most important criteria for traders when choosing a broker like Selftrade is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Selftrade, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Selftrade a con?

Selftrade is regulated and well established having been in business for over 12 years. Selftrade is definitely not a con.

Can you make money with Selftrade?

Although traders have had great success with Selftrade. Trading on the financial markets with Selftrade is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does Selftrade have fees?

Selftrade withdrawal fees varies on payment method. Selftrade does charge a fee for inactive accounts. Selftrade does charge deposit fees.

When was Selftrade founded?

Selftrade was founded in 2008.

How many people use Selftrade?

Selftrade is used by over 10000 registered Selftrade users.

What is Selftrade Headquarters country?

Selftrade has its head quarters office in United Kingdom.

Does Selftrade offer negative balance protection?

Selftrade does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Selftrade offer guaranteed stop loss?

Selftrade does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Selftrade allow scalping?

Selftrade does not offer scalping.

Does Selftrade allow hedging?

Selftrade does not offer hedging.

Does Selftrade offer CFD trading?

Selftrade does not offer CFD trading.

Does Selftrade offer STP?

Selftrade does not offer STP trading.

How many people use Selftrade?

Selftrade is used by over 10000 Selftrade users and traders.

Is Selftrade an ECN broker?

Selftrade does not offer ECN trading.

Does Selftrade offer a demo account?

Selftrade does not offer demo account.

Does Selftrade offer an Islamic account?

Selftrade does not offer Islamic accounts.

What are the funding methods for Selftrade?

Selftrade accept the following funding methods : Credit cards, Skrill, Neteller.

Selftrade review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Selftrade brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Selftrade review written by Mark Hansen of Comparebrokers.co