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SelfWealth
4.2 from 183 reviews

Reviews

Review distribution

5 star
104
4 star
48
3 star
14
2 star
5
1 star
12

Peter

PeterLaunceston, TAS

Cheap Broker

published

Second cheapest broker in Australia at $9.50 flat per trade. You can not phone them for any queries. Their response times to email queries are slow. They do not allow credit or offer any IPO's. It will be interesting to see how their new ETF SELF.asx performs. Personally I think they hold too many stocks. At this stage I will stick with GEAR.asx

Transparency

Nay Tun

Nay TunGoldfields, WA

  • 3 reviews
  • 4 likes

Very good

published

Cheapest broker for Australian Stock with chess sponser.
Flat fee about $9.50 for all stocks is amazing.
Would be better when they can add
1. Poli and
2. International stock market ( NYSE)

Transparency
KimO

KimOSouth East Queensland, QLD

  • 2 reviews
  • 1 like

Wonderful. POLI support would make it even better

published

Wonderfull. Great support and cheap trading fees. App is easy to use and reliable. Only complaint would be the lack of POLI for fast deposits to quickly buy shares when the price is right.

Melbournian

MelbournianGreater Melbourne (Outer), VIC

Great trading platform but added features are confusing and poor responsiveness

published
4 comments
SelfWealth
Jarrod P.SelfWealth
Melbournian
Melbournian

Yield for the next 12 months from today? How exactly does that work? Some more explanation would help!

Yes there is always a marked difference (often about 30 percentage points) between the weekend email and the Monday morning performance.

SelfWealth
Jarrod P.SelfWealth

Steve

SteveGreater Melbourne (Inner), VIC

  • 2 reviews

Cannot Fault

published

Just took a few days to join - simple/efficient process. Started trading straight away - this was 2 weeks ago. Find the website very user friendly. Just as good if not better than CommSec. Plus, the added advantage of much cheaper brokerage charges. -$9.50 flat fee. Somehow I missed out on the 5 free broker charges that some newcomers had, but cannot blame Selfwealth for this.

Transparency

MOE

MOECanberra Central 2601, ACT

2 days and counting for a simple password reset...

published

2 days and counting for a simple password reset...
I will not be recommending this platform to anyone else from here on.. Sure they have cheap brokerage, however what's the point of that if you can't even log in...

4 comments
SelfWealth
Jarrod P.SelfWealth

Hi Moe, have you got in touch with the support team? The password reset should be an email sent to your inbox and should be there almost instantly. Maybe check your SPAM box to see if it went there instead? We'd be happy to help out otherwise!

MOE
MOE
SelfWealth
Jarrod P.SelfWealth

Hi Moe, the team have found your enquiry. As the account is under your wife's name the request needs to come from her, for security reasons, people can't change the details of another's account. Someone will be in touch shortly with more information.


Joshua

JoshuaMetropolitan Adelaide, SA

  • Verified customer

Great first exposure to trading

published

Ngoc Vinh N

Ngoc Vinh NGreater Melbourne (Inner), VIC

  • 2 reviews
  • 1 like

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

  • 4 reviews

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
  • 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


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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.

2 answers
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.

Ngoc Vinh N
Ngoc Vinh N

thanks


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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