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Selfwealth
3.9 from 557 reviews · View Statistics
See the Best Forex & Share Trading Platforms in 2022 as rated by Australians on ProductReview.com.au.
Listing monitored by SelfWealth

Reviews

  • Transparency
    4.1 (302)
  • Rates and Fees
    4.3 (107)
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AFS
AFS
  • 2 reviews

Very good for first time investors!

published

Pretty good and east to use for first time investor in late 30's like me. Initially sceptical but once I started using it, the more I get the hang of it and like it. Features are well laid out, not cluttered or clunky. Perhaps the developer can improve by having automation feature to reinvest dividends where appropriate. This will definitely have more people attracted to it.

Incentivised Review No
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Melbourne
MelbourneGreater Melbourne (Metropolitan), VIC
  • 3 reviews
  • 2 likes

Nah, not if you're serious about share investing.

published
Transparency
2/5
Rates and Fees
3/5
Incentivised Review No
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Buy & Sell shares is really easy.

published

All I need is to buy and sell shares. Doesn’t take time to learn. It’s very easy to use and fees are much cheaper then using big banks. It would be better if it is easier to view the performance chart of individual stock as well as the market depth table.

Rates and Fees
5/5
Incentivised Review No
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Lem
LemSouth East Queensland, QLD
  • 3 reviews
  • 1 like

The most useless app

published

simple transaction from usd to aud - it`s been over a week - still no money in AUD account - Selfwealth is becoming a complete joke now - very frustrating experience having to ask them again and again more than 5 times and still nothing

Transparency
1/5
Rates and Fees
3/5
Incentivised Review No
Similar opinion? Write a review on ProductReview.com.au!
Forex & Share Trading Platforms

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Wayne H
Wayne HMetropolitan Adelaide, SA
  • 5 reviews
  • Verified

Good share trading platform that keeps getting better.

published
Transparency
5/5
Rates and Fees
5/5
Incentivised Review No
SelfWealth
Jarrod P.SelfWealthSend a private message
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JTal.
JTal.South East Queensland, QLD
  • 2 reviews

Archaic

published

Archaic processes and systems that hamper investor needs even in the simplest of actions. Service delivery has been underwhelming at almost every interaction. Overall, there are much much better investor product solutions.

Transparency
1/5
Rates and Fees
3/5
Incentivised Review No
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TCLH
TCLHCanberra 2600, ACT

Good platform for my own purposes

published

I've been with a big bank for 4 years buying and selling Aussie stocks. Just tried SW for 2 weeks, very happy with it for my purposes. I know all the limitations of SW but for the brokerage saving compared to the big bank I'm not complaining. I haven't needed any support so far. I found the website easy enough to navigate. The app is far too basic but again for the brokerage saving I'm not complaining. 5 stars from me.

Transparency
4/5
Rates and Fees
5/5
Incentivised Review No
SelfWealth
Jarrod P.SelfWealthSend a private message

Hi!
Thanks for your feedback and the review! We have many exciting projects in the pipeline for our customers alongside new promotions. Stay tuned for more news and updates on our socials and we hope you enjoy the updates we have come up soon!

Similar opinion? Write a review on ProductReview.com.au!

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Great for longer term Passive Investor like me

published

I am close to retirement and I take comfort that Selfwealth holdings are CHESS Sponsored, and have only had a good experience over the 18 months I have been with them. As an investor and not a trader, I am not concerned that Selfwealth is not the cheapest in the market, as this difference can be gained or lost in any minute of trade, but I do want them to be strong and competitive, as well as to address some of the service issues that others have flagged.

Transparency
4/5
Rates and Fees
4/5
Incentivised Review No
SelfWealth
Jarrod P.SelfWealthSend a private message

Hi Phyllis,
Glad you're enjoying Selfwealth. Thank you for your feedback and review!

Similar opinion? Write a review on ProductReview.com.au!
Doug G
Doug GQueensland
  • 3 reviews
  • 1 like

Very concerning - Are they going under?

published
Transparency
1/5
Rates and Fees
1/5
Incentivised Review No
SelfWealth
Jarrod P.SelfWealthSend a private message
Doug G
Doug G
Similar opinion? Write a review on ProductReview.com.au!
Forex & Share Trading Platforms

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David G
David G
  • 5 reviews
  • 4 likes

Site great, support pathetic,

published

Emails not answered, chat staffed by trainees who can't understand the most basic of questions, the only conclusion can reach is they don't care. Interesting as listed company with shares that are performing very poorly, that they have no interest in customers. Which means there own shareholders also suffer

Incentivised Review No
SelfWealth
Jarrod P.SelfWealthSend a private message
Similar opinion? Write a review on ProductReview.com.au!
Jonathan
Jonathan
  • 4 reviews
  • 3 likes

Good platform BUT

published

Selfwealth is an excellent platform to use trade on etc. However, they are no longer competitive in my opinion they use to have the cheapest fee but now stake has even cheaper fees 3 dollars on all trades. Wish self wealth would reduce prices even slightly cause I still want to use their platform but the fee are a massive difference from stake

Transparency
4/5
Rates and Fees
3/5
Incentivised Review No
SelfWealth
Jarrod P.SelfWealthSend a private message
Jonathan
Jonathan

That is unfortunate though as I don't believe your current competitor Stake will disappear or won't last but if it helps keep your platform online I understand

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Bruce
BruceSydney, NSW
  • 4 reviews
  • 1 like

Worst customer support ever

published
Transparency
1/5
Rates and Fees
3/5
Incentivised Review No
Similar opinion? Write a review on ProductReview.com.au!
Forex & Share Trading Platforms

Find out how Selfwealth compares to other Forex & Share Trading Platforms

Know better, choose better.

Compare all
James
JamesSydney, NSW

Very Simple

published

Very simple to use, with some handy features. Extremely competitive pricing. Provides excellent market insight. All that I need for buying or selling shares at a great rate. Would recommend

Rates and Fees
5/5
Incentivised Review No
SelfWealth
Jarrod P.SelfWealthSend a private message

Hi James,
Glad you're enjoying Selfwealth. Thanks for the review!

Similar opinion? Write a review on ProductReview.com.au!

easy peezy

published

Easy to follow and update with additional buy & sell.
Front page performance value is brilliant, with easy navigation through portfolios and individual company performances, Company contact is welcomed with easy follow up.

Transparency
5/5
Rates and Fees
3/5
Incentivised Review No
SelfWealth
Jarrod P.SelfWealthSend a private message

Hi Bob,
Glad you're enjoying Selfwealth. Thanks for the review!

Similar opinion? Write a review on ProductReview.com.au!
Nick L.
Nick L.
  • 2 reviews

Great support and platform

published

Transferred holdings from another broker with no issues. SelfWealth customer support reply to questions quickly and are very helpful. A+ Team. The Platform provides a lot more information than my previous broker provided (bank). Also cheaper brokerage fees .

Transparency
5/5
Rates and Fees
5/5
Incentivised Review No
SelfWealth
Jarrod P.SelfWealthSend a private message

Hi Nick,
Thanks for your review! We have many exciting projects in the pipeline for our customers alongside new promotions. Stay tuned for more news and updates on our socials and we hope you enjoy the updates we have come up soon!

Similar opinion? Write a review on ProductReview.com.au!

Questions & Answers

pedropitz
pedropitzasked

Will tonite upgrade of your platform include the glitches I have been complaining about for a while or you would just ignore them as you have been doing for the past 2 months?

1 answer
kate
kate

i was able to get back my losses with the help of Rec ov er yfu n ds.n et" they helped recovered everything i lost i am verry happy i reclaimed my stolen investment

Darrell B.
Darrell B.asked

Why do the tell you you initial stock purchase can be no less than $500 and when you wish to purchase smaller amounts in other stocks they block your purchase and when you finally get someone they tell you that each new stock requires a minimum of $500 this is an AXS stipulation i find this hard to believe when there are other brokers who deal in small sum purchase.

1 answer
Wayne H
Wayne H
pnkamat2005
pnkamat2005asked

What are your broker to broker share transfer fees for moving the account OUT to other broker?

1 answer
Muhamed
Muhamed

Unfortunately, I don’t have the answer to that but you can chat to one of their team members directly through their website. I hope that helps.

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