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Selfwealth is FUN to use
Have used several trading platforms and based on my experience with SelfWealth, have transferred all holdings to SelfWealth. I prefer crowd based advice rather than brokers. Platform is easy to use and navigate and support is top shelf. Highly recommend.
Value for money
Just started with Self Wealth. Have found the platform easy to use, the set up straight forward, brokerage reasonable and the flow of information not too overwhelming. Generally everything going alright do far
Hi There, Have only been using this for a short while but seems great so far. It is good to be able to see what other people are doing with there portfolios as well.
It's cheap and shows you how to do better.
The consistent cheap brokerage means over time you are saving so much money on your trades, and are able to make decisions without worrying about being out of pocket. Being able to see what other people are investing in again helps you work out what you can be doing differently to achieve better results.
Easy to Use
As a first time investor I've been impressed at how easy SelfWealth is to use and the amount of detail is surprising. The best bit is the price - extremely cheap trading fees.
So far so good.
So far so good. Easy to use for a beginner like myself, and very handy as a learning tool. Would recommend for anyone looking to dip their toe in the ASX
Do your research!!
Takes longer for your money to arrive.
You will ask questions and the customer support just sends you links.
You will open up request for further info, they will close them and not answer your query.
5 Free trade when referring your friends ins't automatic and extremely painful.
This company holds your money, just do you research.
3 days for money to be transferred into Selfwealth account
I hope they eventually come up with PayID. BSB transfers are painfully long. I transfered some funds on the Friday and only got them next Wednesday. Otherwise it's not a bad platform.
Better than Etoro
Account set up was very easy. Refereral program is a good idea as is the 90 day trial of the premium access.I tried to join Etoro prior but they are nothing but trouble.It took 6 weeks to get my money returned.Very happy with Selfwealth and definitely recommend
Good rate and easy to use
SelfWealth was easy to set up, fund my account, transfer to USD and start trading.
The website is fairly user friendly and has a basic tutorial for beginners and good flat rate per trade.
The app on the other hand, although similar in appearance, does not display the US stock portfolio, which is a minor inconvenience.
Difficult to open an account
After I went through the trouble to provide my details online and submit my application to open an account, it said I could not be EV'ed therefore needed to provide certified copies of 2 documents. SelfWealth should use a better system for verification, I used my NSW driver's licence in the application, my details are very standard - I have not changed my name and have the same address for more than 10 years, if that system cannot verify me I don't know whom it can verify.
One of certified documents required is a bank statement or a governmen...t/council/utility issued document such as ATO assessment, rates notice and gas bill, most of these documents are electronic nowadays (we are trying to save the planet, remember?), does SelfWealth expect me to download such a document then have it certified? What is it certified against? What does it prove? There is no such thing as an original bank statement (unlike a passport or driver's licence), a bank statement can be downloaded many times and has many copies. It does not make sense that it needs to be certified!
Great value , good value adds , but do have a problem with the way it encourages you to make more trades.
Great value , good value adds , but do have a problem with the way it encourages you to make more trades for no value to your customer. I think you under estimate your customer bases intelligence on this bvases
Simple to set-up and and manage. Clear fees and I especially like the community focus which is useful for a newcomer to investing and trading.
Looking forward to the new Android app.
I have used Westpac Broking, E*Trade and ANZ prior to Selfwealth. I really think Selfwealth has been the best so far and I plan to stay with for a long time. The low cost brokerage, simple interface and community focus us what makes this very different.
Streamline account opening, slick and ease of use UI, account split is very easy
I managed to open an account 100% online, very efficient. The platform is great, I think it manages to exceed my expectation by allowing me to compare my portfolio with other users. It doesn't come with nice graph or real time quotation (I might be wrong), but for long term investment, I don't buy share that often. I'm not sure whether it is suitable for trader who requires fancy graph or real time quotation, but for me, this is perfect. $10 AUD per trade is lower than bank-based broker, but it is still not cheap, I suspect may be the ...high cost of regulation that keeps most brokerage cost high. I was thinking SelfWealth share price would have done well when I search for brokerage service, it was just that by the time I found SelfWealth, its share price has gone up several 100% confirming that I am not the only one who are impressed by its service. In my honest opinion, for international share trading, SelfWealth offering is not compelling enough, however. For ASX share, more than happy to be with them.
Great but could have some extras
Great but would be good to have real time prices. Even if this was an added cost or free with a certain number of trades per month e.g more than three
Member for 1 month. All great.opened account and operating within a few days.all quick and easy. Slight delay takes a bit of understanding. Just Oz shares.ideal for me. No problems at all.
Modern fast app for trading Aus or US stocks
It's a great web & mobile app. Interface is simple & straightforward to use. Has some nice features like being able to compare your portfolio against others. Compared to the big 4 banks trading apps, this is out of this world! Maybe there could be improvements but so far it's done everything i need to do. The online support was helpful when I was waiting for funds to clear to $US. They answered quickly and accurately.
Cheap and website displays information well
Cheap for large amounts. The website is clean and easy to access and search different stocks.
Bank Transfer into the account usually took 1-2 days for me which is quick.
Has everything I needed for casual investing.
it works well
what I like that can buy USA stocks- excellent
Also can see what your profit and loses are easily each day
I would recommend to anyone starting out in stocks and shares
Questions & Answers
As others have said a stop-loss and a trailing stop-loss orders are really needed. I understand these will be for ASX and US stocks?
Will these conditional orders be available to the basic accounts or only Premium accounts?
Thank-you in advance.
I am setting a stop loss. Why am I seeing under “help me choose” Please search stock. I’ve set lots of stop losses but have never seen this come up before. I can’t go any further. I have owned this stock since 19/03/21.
like to know if my shares in wbt have been transfer to selfwealth yet and if not where are they as i sent forms weeks ago also money i tranfer from westpac account to my trading account has not arrived as yet how long does it take tranfered money last wed 31st april please reply to my email thankyou.
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