WH SELFINVEST, set up in 1998, has a broker license (nr. 42798), a commissionaire license (nr. 36399) and a portfolio manager license (nr. 1806) granted by the Luxemburg Ministry of Finance. The company is supervised by the "Commission de Surveillance du Secteur Financier". WH SelfInvest benefits from a European Passport. Our registered branch office in Belgium has the authorization of the "Financial Services and Market Authority". Our information office in the Netherlands has the approval of the "Autoriteit Financiële Markten". Our registered branch office in France has the authorization of the "Autorité des Marchés Financiers" and the "Banque de France". And, our registered branch office in Germany has the authorization of the "Bundesanstalt für Finanzdienstleistungsaufsicht".
Our firm is audited by internal and external audit firms. WH SelfInvest serves private retail clients and institutional clients. Our clients are based in 28 different countries.
Why is it advisable to open your account with a European broker?
1. Quality: European broker need to meet strict requirements and to maintain high operational quality standards. For example, WH SelfInvest must maintain 2 auditors. One of these auditors will regularly check that the company delivers the execution speed, service level, commission charges, etc it promises clients. Thus clients can rely on an independent quality control.
2. Risk: Some brokers, outside European Union, are allowed to keep client monies on their own account. Client monies thus become part of the broker's balance sheet. This increases risk significantly. Creditors can stake a claim to the money and all clients are co-responsible for losses.
3. Insurance: European countries have insurance schemes in place covering assets of their citizens. Only clients of European brokers can benefit from this protection.