1 photo
SelfWealth
3.9 from 534 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
    4.2 (285)
  • Rates and Fees
    4.5 (87)
Previous
Clear all
Next

Reviewer Photos & Videos

  • Thumbnail
  • Thumbnail
  • Thumbnail

Excellent platform

published

Excellent platform and so easy to use.
Full of useful features making the journey/experience quite interesting. Highly recommend this platform due to the simplicity, reporting and the relatively low fees. You won't be disappointed.

Rates and Fees
5/5
Incentivised Review No
SelfWealth
Jarrod P.SelfWealth

Hi Sharkey
Glad you're enjoying SelfWealth. Thanks for the review!

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

Limited Application

published

The platform is OK if you only want one share trade account. If you want more than one account, say for family members or your SMSF then Self Wealth only permits one named account per email address, so no other accounts can be opened under the same email address. Only option is to open multiple accounts in the same name which can make if difficult at tax time, or have multiple email addresses - not worth the complication.

Incentivised Review No
Similar opinion? Write a review on ProductReview.com.au!
pedropitz
pedropitzSydney, NSW
  • 3 reviews
  • 5 likes

Just look for your long period of success regarding SP@ present chart.

published

Been with them for more than 24 mths after [Name Removed] listing.
[Name Removed] left.
New management is stuffing it Big Time. Hence the SP and financials. Not suitable for trading in penny stocks in speculative stocks. They enforce a 50% margin on stocks which may raise 60-120%/day.
Excusing themselves by ASX rule. Even if the market depth is up to 200-300% and SFL pulls your stock off the market even if your time of expiry is in 2 mths times.
So you have to sit on the computer 10.00-16.00 hrs to monitor the inability of the platform and the management.
No way to sort it with a live chat when the "trainee " personnel is employed.
"Seniors" will answer your query after a 2days delay !!!
Wanna this kind of service ??
Then subscribe.

Transparency
1/5
Incentivised Review No
SelfWealth
Jarrod P.SelfWealth
Similar opinion? Write a review on ProductReview.com.au!
Unhappy
Unhappy
  • 6 reviews
  • 2 likes

Great until you go to sell

published

Tried to sell at a peak moment with plenty of buyers and my order wasn't being put to market so lost quite a bit and didn't sell. Very concerned now as this should have been a very easy sell.

Transparency
3/5
Rates and Fees
4/5
Incentivised Review No
SelfWealth
Jarrod P.SelfWealth
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

Great fees poor app/website

published

Chose to use sealthwealth due to lower fees and having your own CHESS no. However all I do is go back and forth to superhero to look at shares. The app/website is not user friendly and very confusing - I had to access the help centre to figure out how to transfer money to my account. Please make your app more user friendly, in the mean time I think ill stick with superhero.

Transparency
3/5
Rates and Fees
4/5
Incentivised Review No
Similar opinion? Write a review on ProductReview.com.au!
Bec
BecSouth East Queensland, QLD
  • 3 reviews

Good Platform

published

I am new to investing and SelfWealth has been very easy to use. It is great that you can access US trading as well. The website/mobile site has good functionality and as a new investor it is nice to see what others have in their portfolios for inspiration. I also have liked the free brokerage on ETFs and I hope this promotion continues or other promotions follow.
What I do not like is the functionality of the app, it is clunky and hard to use and does not offer the same experience as the mobile site.
I also think it takes a little too long to transfer in funds sometimes but it could just be because I am a little impatient and I do not have any other brokerage platforms to compare this it, it is only my opinion.

Transparency
5/5
Rates and Fees
4/5
Incentivised Review No
Similar opinion? Write a review on ProductReview.com.au!

No customer support.

published

Need to update bank account, but no way to do it online. Waiting a week for customer support to contact me. It's a great app, which I've been recommending to friends. But this is extremely disappointing.

Incentivised Review No
Similar opinion? Write a review on ProductReview.com.au!

Related Articles

Previous
Super Funds Awards 2020!

A good super fund can make a substanial difference to the amount you retire with. From retail super funds to self managed super funds, view reviewer ratings for the top-rated super funds of 2022.

Wendy Z.
Wendy Z.12 Jan 2022
super-funds-awards-2020
Credit Card Awards 2020

Whether it's the sign up bonus, rates and fees, or reliable customer service that you look for in a credit card, a credit card is often used everyday, so it's important you choose one that meets your needs and that you're happy with. These are the top-rated credit cards this year, as decided by ProductReview.com.au reviewers.

Wendy Z.
Wendy Z.19 Nov 2019
credit-card-awards-2020
What Is Peer-To-Peer Lending?

Peer-to-peer lending is quickly gaining popularity among Australian borrowers and investors. If you've never heard of it before, this 2 minute read will give you a quick rundown so you can decide if P2P lending is right for you.

Nathan S.
Nathan S.14 Nov 2019
what-is-peer-to-peer-lending
Next
Advait K.
Advait K.Greater Melbourne (Inner), VIC

Best platform.. Almost there!

published

This is one of the best Chess sponsored platforms ever used. Loved all the widgets and access to information for fundamental analysis. Thanks for letting us buy ETFs for free without brokerage although Temporary.

Although there are a few gaps which I would like to address:
1. Cannot set stoploss while buying ASX shares but can set while buying US shares.
2. Cannot select date to order US positions, limited to "day only" transaction.
3. Would really love to see crypto very soon.

Transparency
5/5
Rates and Fees
3/5
Incentivised Review No
Similar opinion? Write a review on ProductReview.com.au!
Julie  b
Julie b
  • 2 reviews

Great to us trade

published

Great to have access to us trading..no brokerage on ETFS(temporary) either and overall very low brokerage. Good to have updates and see the successful trades of some others..good to have an alternative to comsec

Transparency
5/5
Rates and Fees
5/5
Incentivised Review No
SelfWealth
Jarrod P.SelfWealth

Glad you're enjoying SelfWealth, Julie. Thanks for the review!

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
Melanie S.
Melanie S.South East Queensland, QLD
  • Verified

Love it!

published

Easy platform and so informative. One place for trading, info on shares and the market. Made my start in share trading easy and exciting. Learning everyday as information can be found easily. Enjoying the information available on the platform, the forecast graphs and the clear format and set up. An organised information platform.

Transparency
5/5
Rates and Fees
5/5
Incentivised Review No
SelfWealth
Jarrod P.SelfWealth

Hi Melanie,
It's great that you're enjoying SelfWealth. Thank you for the review!

Similar opinion? Write a review on ProductReview.com.au!
Yoni
YoniPerth, WA
  • 2 reviews

Good value for money

published

The best balance between trading costs and platform quality that I could find. The new app still needs some more work but overall it works well most of the time and does what I need it to do.

Transparency
5/5
Rates and Fees
5/5
Incentivised Review No
SelfWealth
Jarrod P.SelfWealth

Hi Yoni, thanks so much for your review!

Similar opinion? Write a review on ProductReview.com.au!
Tony
TonySydney, NSW
  • 2 reviews

Safe, Cheap, Works well.

published

Safe: Cash account is with a bank covered by Government guarantee. Shares are registered with Chess not held in trust by 3rd party.
Cheap: I'm buying ETFs which is currently free. But normal charges are cheap anyway - flat $8 I think.
Works: I use PC & it's a good app - intuitive, fast & no surprises.
I currently get live market depth but I'm not sure if that's only available for new users?

Transparency
5/5
Rates and Fees
5/5
Incentivised Review No
SelfWealth
Jarrod P.SelfWealth

Hi Tony,
Thanks for the review. Glad you're enjoying SelfWealth.
Our regular flat fee is $9.50. The free ASX ETF buys will last until 4 Jan. Enjoy!

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

Happy with it, improvement in trading volume

published

I’m very happy with SelfWealth, v easy to use and informative help desk. Submitted a few ticket request on questions and received response every time

One thing can be improved on is the colour of trading volume which is critical information. Currently it’s showing one colour of trading volume, so unsure if people are selling or buying which is a big indicator.

I had been using yahoo finance for this function to see how the market is going

Thanks

Transparency
5/5
Rates and Fees
5/5
Incentivised Review No
SelfWealth
Jarrod P.SelfWealth

Hi Weng, Thanks for the review! Great feedback regarding the colour of the trading volume. I have passed this on to the team for consideration. Glad you're enjoying SelfWealth.

Similar opinion? Write a review on ProductReview.com.au!
Adam W
Adam WSydney, NSW
  • 2 reviews

Cheap trades have had no problems so far

published

I opened account in my family trust a couple of weeks ago. It was straight forward to open online. Funded my account and had about 10 trades already. All gone smoothly so far. Seems good value.

Transparency
4/5
Rates and Fees
5/5
Incentivised Review No
SelfWealth
Jarrod P.SelfWealth

Hi Adam, that's great to hear. Thanks so much for the review!

Similar opinion? Write a review on ProductReview.com.au!
Ashlee H.
Ashlee H.Mid North Coast, NSW

Bad software

published

App doesn't work, it accepts my sign in but shows nothing else other that the profit/loss for the day. Now the website wont go past a pop-up with no way to 'ok' or exit. Cant access my account to cash out of my stocks.

Incentivised Review No
SelfWealth
Jarrod P.SelfWealth

Hi Ashlee, so sorry to hear this. We did hear this from another customer who was having the same issue. It should be fixed now. Please email us at marketing@selfwealth.com.au if you need any help.

Similar opinion? Write a review on ProductReview.com.au!
Page 1 of 10

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?

No answers
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.

No answers
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.

See all SelfWealth questions

Get an answer from our members and SelfWealth representatives

ProductReview.com.au has affiliate partnerships. These do not influence our content moderation policies in any way, though ProductReview.com.au may earn commissions for products/services purchased via affiliate links.