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SelfWealth
4.3 from 177 reviews

Reviews

Review distribution

5 star
102
4 star
45
3 star
14
2 star
5
1 star
11

Joshua

JoshuaMetropolitan Adelaide, SA

  • Verified customer

Great first exposure to trading

published

Ngoc Vinh N

Ngoc Vinh NGreater Melbourne (Inner), VIC

  • 2 reviews

Good brokerage fee

published

I have been with SelfWealth for about a year, never get a free trades, it was great in brokerage fee, when Buying or Selling shares, the confirmations email of BUY/SELL should include the brokerage fee in there, instead of sending two emails, one is the brokerage fee, and one is confirmation of that BUY/SELL, it creates a lot of emails, also it will be good if SelfWealth can provide EOFY statement for tax purpose, same as Sharesight, I have to pay fee, and it created a lot of confusions, please examine. Thanks.
Regards,
Ngoc Vinh Nguyen

Baby H.

Baby H.

  • 2 reviews
  • Verified customer

I Prefer It

published

I like the performance reporting, charting my performance against the market. It's better than IG and Commsec.
The brokerage is slightly higher than IG for small trades, but they don't have an inactivity fee like IG.

Transparency

First time investor and the service is great and easy to use.

published

Great brokerage fees, as I was new to the process of buying shares I was able to use there online chat service to clarify information and they were very helpful. Wish I did it sooner.

Transparency
1 comment
SelfWealth
Jarrod P.SelfWealth

Thanks for joining Annette, great to have you on board!


Kerry

KerryGreater Melbourne (Outer), VIC

  • 4 reviews
  • 2 likes
  • Verified customer

Great way to buy shares on the ASX

published

Have found the platform reasonably easy to follow. Good price for buying shares at $9.50 per trade. Ability to get free trades. Has some background information on companies. Can look at whatever people are investing in. Wouldn't necessarily follow directly but good as starting points to investigate myself. Find it a bit more difficult to see value of my portfolio in terms of individual shares. However I use another platform for that.

Transparency

Review collected in partnership with SelfWealth


34south

34southSydney, NSW

  • 3 reviews
  • 1 like

Great online broker

published

I've been with SelfWealth for about 2.5 years now. Never any hassles with them. They always respond to emails or sort things out on their online chat quickly. They site is continually being improved too. Can't complain about $9.50 trades plus lots of free ones using the promo link.

Transparency

David M.

David M.Metropolitan Adelaide, SA

  • Verified customer

Outstanding product

published

$9.50 brokerage with free trades every now and then - what more could you want? Very happy with SelfWealth. Highly recommend to any investor irrespective of how much they have to invest.

Transparency

Review collected in partnership with SelfWealth


Brian

BrianSouth East Queensland, QLD

  • Verified customer

A good, no frills, on line broker.

published

Easy, smooth signup process. No hassles so far. Low cost for transactions and all the various parts worked first time with no unexpected glitches. Definitely would recommend it to any online trader.

Transparency

Review collected in partnership with SelfWealth

Jen

JenMetropolitan Adelaide, SA

  • Verified customer

Happy Customer

published

As a beginner I find the SelfWealth product to be very user friendly. The $9.50 brokerage fee per trade is great value and the monthly subscription fee for the premium service is well worth the investment.

Transparency

Review collected in partnership with SelfWealth

Susan Lee

Susan LeeSydney, NSW

Service Support

published

Selfwealth Support team failed to respond to repeated email messages regarding status of transaction. Support level zero. Promised 3 business day turnaround on share sales transaction not delivered. Completely dissatisfied.

1 comment
Susan Lee
Susan Lee

Brett

BrettFar North Queensland, QLD

  • 3 reviews
  • 1 like
  • Verified customer

My main broker now

published

They never put my bank details in when I signed up. Had issues with this ongoing for a while but it's been resolved.
Finally.
So can't say it's a scam, going from 1 star to 4 stars. Decent broker, easy to use app.

Transparency

Review collected in partnership with SelfWealth


  • Verified customer

A great on-line broker.

published

Everything works very well and has a logical layout. Very easy to use whether you use it everyday or just a couple of times a month. The emails keeping you up to date with the progress of your trade are helpful.

Transparency

Review collected in partnership with SelfWealth


Steve Donaldson

Steve DonaldsonHunter Region, NSW

  • Verified customer

Why would you use any other broker

published

Seems to be the cheapest stock broker in Aust...does everything you could ask for...gives latest stock prices & where order is in the que in the market..gives email to verify trades and costs

Review collected in partnership with SelfWealth


  • Verified customer

Works but does need a few improvements

published

The app works well and the homescreen is pretty much perfect in my opinion. However, daily volume doesnt update and changing the size of chart causes side menu to open.

1 comment
SelfWealth
Jarrod P.SelfWealth

Hi Rebbit, thanks for your review. Can you please email marketing@selfwealth.com.au with some more information on what problems you're seeing with the graphs? That shouldn't be happening at all and we'd like to fix it!

Review collected in partnership with SelfWealth

  • Verified customer

Definitely not Me Too

published

I recently switched from one of the other on-line brokers because their percentage-of-trade pricing model "punishes" trades above a relatively low value. The one flat fee pricing structure offered by SelfWealth appealed to me and the application process was surprisingly easy - even for non-individuals - and verification was all completed electronically. I was definitely impressed. I have not yet fully embraced the tracking of other member's portfolios for a number of reasons, but consider the concept to be innovative.

Transparency

Review collected in partnership with SelfWealth

Patty

PattyGreater Melbourne (Metropolitan), VIC

  • 4 reviews
  • 2 likes
  • Verified customer

Cheap flat rate fee and ease of setting up

published

Chose Selfwealth because of the cheap flat rate fee . The ease of setting up is great. I have just traded few days ago and I’m totally new in share trading.

Review collected in partnership with SelfWealth


unrep

unrep

  • 2 reviews
  • 1 like
  • Verified customer

Smooth

published

I'm a very recent joiner of SelfWealth - the whole process has been very straightforward, from my initial application to depositing monies, and the first few trades that I've done have all gone without a hitch. The site instructions are very clear, and the stock information and analysis most helpful. Very happy member.

Transparency

Review collected in partnership with SelfWealth


absail

absail

  • 2 reviews
  • 3 likes
  • Verified customer

No Phone or Fax

published

Didn't suit me as my printer would not scan and therefore I couldn't upload account application as no fax facility and getting help via email takes hours as no phone contact available

Review collected in partnership with SelfWealth


  • Verified customer

Cheap, functional, intuitive and innovative

published

Selfwealth is a broker that provides cheap brokerage, along with a functional and intuitive website/platform, as well as an innovative member following system. The app work's well on iPhone. 1-2 business day wait time to transfer funds to cash account is the only real drawback. No international yet. On the whole, very happy.

Transparency

Review collected in partnership with SelfWealth


Big Dreams

Big DreamsSydney, NSW

  • Verified customer

Good for execution of orders and great brokerage rate!

published

I find Self Wealth a great platform for execution of orders and it is user friendly. In other words simple to place orders online. The best advantage of using Self Wealth is the flat brokerage rate regardless of the size of the order which is a huge benefit compared to other online brokers!

Transparency

Review collected in partnership with SelfWealth


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Questions & Answers

Ngoc Vinh N

Ngoc Vinh Nasked

Do SelfWealth have Capital Gain/Loss calculattion in a financial year? in order to do tax return easily, please let me know, thanks.

1 answer
SelfWealth
Jarrod P.SelfWealth

We don't have tax reporting (yet) but for shares bought and sold in SelfWealth, you will have transactional information that will illustrate gain and loss. For shares transferred to SelfWealth, we don't receive the information about your 'buy' transaction from them.


M H.

M H.asked

Do you have live prices and tax reporting option?

No answers

Alan S.

Alan S.asked

When I attempt to load the web page, an eroor message appears -
"selfwealth.com.au
This is a phishing website
Phishing websites trick you into revealing your personal information, such as passwords and bank account information."
Why would my Win10 anti-virus software give me this warning?
Alan S

No answers

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Details

CategoryOnline Forex / Share Trading

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