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- The minimum amount required
to open a forex account is € 2.500. The account is allowed
to go below this minimum when operational.
- A WH SelfInvest forex account is subjected to Luxembourg banking
secrecy. WH SelfInvest has designated Banque de Luxembourg and
Bank One - JP Morgan Chase as its depository
banks for clients’ forex accounts. Both these institutions
have a sterling reputation. Our clients have what is most important
… peace of mind.
- Clients can trade standard
size forex contracts and mini size forex contracts from the same
account. The mini contracts, due to their small size are perfect
for forex trading novices.
- The account can be funded
by money transfer or cash deposit. In both cases this needs
to be done into a 'client assets' account with the Banque de Luxembourg
here in Luxembourg. The money will be credited automatically to
your individual forex account. The funding cost is €5.
- Transferring money out of
the account is straightforward. For security reasons we do not
accept transfer instructions via e-mail or internet. Only a signed,
written instruction is acceptable. All account holders, if more than one, need to sign the instruction. The instruction needs
to contain the following information : name of the receiving bank,
BIC/Swift code of the receiving bank, account number, name accountholder,
amount and currency. You can fax your transfer instruction to
+352 42 25 75 25. Transfer cost is €5 for amounts < € 30.000 and 0,10% (max.€50) for amounts > €30.000. Form.
- WH SelfInvest has a solid reputation
among active retail investors and traders. We are not a brokerage
supermarket where clients are ignored in case of a problem or complaint.
WH SelfInvest is a European company subjected to all European
Union financial services rules and regulations. These regulations
are much more strict than US regulations and offer clients more
protection. In addition WH SelfInvest is the holder of a European
passport, a sign of quality of our institution.
- Our technology is modern and
our security level is high : Oracle 10g AES (Advanced Encryption
Standard), Triple DES (112- and 168-bits), Solaris 9, Cisco PIX,
SSL encryption.
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