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SelfWealth

SelfWealth (page 4 of 10)

3.9 from 534 reviews · View Statistics
See the Best Forex & Share Trading Platforms in 2022 as rated by Australians on ProductReview.com.au.
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Reviews

  • Transparency
    4.6 (245)
  • Rates and Fees
    4.7 (78)
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Marco T.
Marco T.Sydney, NSW

easy to get going ... NO PAPERWORK !!!!

published

I set up an account for me and then a subaccount for my grandkid.
EASY.
All easy and chat support is magic.
Minimum initial BUY order must be >$500 - that represented a bit of a problem if wanted to start low.
The app is great too.
Wonder why I use Westpac or CBA share systems

SelfWealth
Jarrod P.SelfWealth

Thanks for the review Marco and what a lucky grandchild to have you investing for them!

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Great

published

The only thing negative to say is $500 minimum deposit sometimes is a little hard. Other than that it is a great program,, ,easy for the beginner to follow, thankyou

SelfWealth
Jarrod P.SelfWealth

Thanks for the review Dash, we're happy to have you onboard. The $500 minimum is imposed by the ASX but once you have $500 in a stock you can buy smaller amounts. E.g. buy $500 of AfterPay, you can then buy $100 of AfterPay.

Dash
Dash

Thank you. So it has to be on the same stock ?

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Joe
JoeSydney, NSW

Great for a noob like me

published

I don't have any other trading platform to compare, but overall within the 4 weeks that I have been using both the online browser and the app version, I can honestly say its intuitive. ease of buying / selling. I do like some of the snippet info and stock overview. Im up 2.4% and so far very happy.

SelfWealth
Jarrod P.SelfWealth

Thanks for the review Joe!

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Dave S
Dave SMurray Region, NSW

Great value for low cost investor.

published

Easy to set up, great phone app and website. Rates of trade super competitive and the fact that I can keep my HIN number and that the shares are actually mine is a great security blanket..

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Adele D.
Adele D.Sydney, NSW

Looks good but takes forever to get verified and start trading - Poor customer service

published

I created an account so I can trade on American stocks easily. Low fees and the platform looks really good. However the process of creating an account takes 10x longer than you think. Very rigorous. Customer service is available through daytime hours but they are little help.
Long story short, if you plan on using self wealth to trade stocks, you should start your sign up process today and you might be able to trade stocks in 2022

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Halliday
HallidayHobart, TAS

Room to improve

published

Deposit took longer than a week to reflect on my account, the customer service could be better, and trading platform could be fleshed out a bit more. Otherwise the company is quite new and the price is fair, hope they up their game in the future.

SelfWealth
Jarrod P.SelfWealth

Thanks for the review Halliday! That's not normal -- it's normally one to two business days but we're working on faster (instant payments) so that will improve. Plenty of platform improvements to come out this year.

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Brendan M.
Brendan M.Greater Melbourne (Inner), VIC

Best platform I've used

published

Intuitive and simple to use, I have used other platforms in the past and this is hands down the best! Great customer service, saved me a fortune on brokerage and my own HIN gives me peace of mind. Keep up the great work SelfWealth!

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Petr
PetrDarling Downs, QLD

Still waiting

published

Sent a simple email enquiry 18 days ago and received an automated acknowledgement stating: "Resolving your query is a top priority for us, and we will be working hard to ensure we get back to you with a personal response as quickly as possible".

I am still waiting for a response.

SelfWealth
Jarrod P.SelfWealth

Hi Petr, we respond to emails within a business day typically, so that's far from normal. It'd be best to chat to the team on live chat via selfwealth.com.au, they'll be able to look into it straight away for you.

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Tech-Dad
Tech-Dad
  • 2 reviews
  • 1 like

Ripping trading platform

published

As far as platforms go this one is pretty easy to use, I can see what other members are trading on to get ideas and its got a sharp price point

SelfWealth
Jarrod P.SelfWealth

Thanks for the review, great to have you on board!

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MelbSP
MelbSPGreater Melbourne (Outer), VIC

Best trading platform in Australia

published

Safe and secure as they use CHESS sponsorship yet are a lot less expensive than the banks, I've already saved close to $100. Like their app and the customer service is very responsive.

SelfWealth
Jarrod P.SelfWealth

Thanks for the review, we're happy to hear you're enjoying the platform!

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SSchizzle
SSchizzleSydney, NSW
  • 13 reviews
  • 1 like

Too many limitations

published

I noticed there is too much of a delay between ASX open time and actual trade in this platform. Also, after you sell a stock they hold the money for 72 hours before you can transfer to your account. Even after waiting for 3 days and your money is released, it takes longer for that money to be sent to the nominated account due to transaction delays. But when you deposit money it is almost instantaneous. Valuable trading features like trailing stop loss are also absent.

SelfWealth
Jarrod P.SelfWealth
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Goran S.
Goran S.
  • 2 reviews

Easy, intuitive +online support

published

Relatively new with SW but it is really easy and intuitive to use, no matter you have never used on line brokerage (apps.). SW has transparent flat fee $9.5 per trade. Live chat with SW staff is 10am-4pm per weekdays/trade days, what is "chat with a consultant" ( it is at the bottom of SW page when you are logged out !! but hard to find when you are logged in!?) and a chat is not with a bot!! and they are always there in 1-2 minutes and very helpful! Very quickly fulfilling your buy/sell orders. 90 days of trial but you can start to trade instantly,when you set your account, in a few days. I can really recommend those guys! Thank you SW!

SelfWealth
Jarrod P.SelfWealth

Thanks for the review Goran!

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Forex & Share Trading Platforms

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Vic R.
Vic R.Sydney, NSW
  • 3 reviews
  • 1 like

Selfwealth is FUN to use

published

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.

SelfWealth
Jarrod P.SelfWealth

Thanks for the five stars Vic! We really appreciate it and are super happy to have you onboard.

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RobT
RobTPerth, WA

Value for money

published

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

SelfWealth
Jarrod P.SelfWealth

Thanks for the review Rob!

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malcolm
malcolmSouth East Queensland, QLD

Great product

published

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.

SelfWealth
Jarrod P.SelfWealth

Thanks Malcom, appreciate the review!

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Andrew C.
Andrew C.Hunter Region, NSW

It's cheap and shows you how to do better.

published

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.

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Debbie51
Debbie51Sydney, NSW
  • 8 reviews
  • 11 likes

Easy to Use

published

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.

SelfWealth
Jarrod P.SelfWealth

Thanks for the review Debbie! We're happy you chose to join.

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So far so good.

published

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

SelfWealth
Jarrod P.SelfWealth

Thanks for the review Terrence, great to have you on board!

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SY
SYSydney
  • 4 reviews

3 days for money to be transferred into Selfwealth account

published

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.

SelfWealth
Jarrod P.SelfWealth

Thanks for the review SY! There was an issue at ANZ (our provider of cash accounts) earlier in the week, which caused the delay. That transfer time isn't normal.

SY
SY

Oh. That's does mean you won't be considering PayID in the future? If superhero can do it you guys can too.

SelfWealth
Jarrod P.SelfWealth

We're working on faster payments, whether it's a PayID setup or otherwise.

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Better than Etoro

published

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

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glenn
glennSydney, NSW
  • 7 reviews
  • 2 likes

Good rate and easy to use

published

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.

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sfraser72
sfraser72Sydney, NSW

Great value , good value adds , but do have a problem with the way it encourages you to make more trades.

published

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

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Very satisfied

published

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.

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Excellent broker

published

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.

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Somphol B.
Somphol B.Sydney, NSW
  • 2 reviews
  • 1 like
  • Verified

Streamline account opening, slick and ease of use UI, account split is very easy

published
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