AUSTRALIA’S #1 LOW-COST TRADING PLATFORM
Selfwealth has won Money Magazine’s “Cheapest Online Broker” again in 2021, now winning it four years straight. After recently adding US trading to the trading platform, Selfwealth continues to grow as a popular way to invest in Australian and US shares, directly.
SIMPLE AND EASY TO USE
Selfwealth is Australia’s highest-rated share trading platform on all major review sites, as voted for by our members! Free of bank jargon, intimidating charts and terms, the Selfwealth app let’s you invest in your favourite Australian and US companies with little fuss. Deposit money, choose your stocks and buy.
STAY SAFE
Your money and securities are kept safe with Selfwealth. You own your Australian shares directly, simply using Selfwealth as a way to access them. Your cash is kept secure in a trust cash account monitored by ANZ and cannot be used by Selfwealth or anyone else, without direct instruction from you. Keep your login details secure with two-factor authentication!
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Selfwealth FAQ
Is Selfwealth free?
Yes, Selfwealth is completely free and it doesn't have any in-app purchases or subscriptions.
Is Selfwealth legit?
⚠️ The Selfwealth app has poor ratings and negative feedback. Users seem unsatisfied with its performance or features.
Please hit this app with a big stick and bring it into the modern world.
I want to support these guys I really do but the app is still awful. The clearance times for cash are ridiculous. For example I accidentally sent cash to my self wealth account on Saturday. It should take exactly 0 seconds for me to transfer that cash back out once it arrives. It’s now Wednesday afternoon and I still can’t get my cash back out. Also, the delays to send cash to USD and buy and sell US shares are so slow I can’t trust it to be off any use.
It’s also frustrating that any stop loss has an expiry when it’s a critical necessity to limit losses eternally.
Id gladly update this review in the future if the above things improve.
Terrible layout, terrible content
I don’t find this app intuitive, it has metrics I don’t care about (daily performance? What am I, a day trader?) and compares to market…which market? I have a diversified portfolio of international ETFs, what are you comparing to? Over what period?
I’m not interested in my “wealth score” or “safety score”. You have no clue what my goals and objectives are, so trying to influence my decision making through these “metrics” is stupid.
How about you present my portfolio, allow me to choose what I compare to and over the time period I want…maybe you could put things like account details somewhere I could find them…
This app is awful, I’m only using it because my SMSF links to it and I’m hoping I can ignore this garbage going forward…
Poor app, often opens browser
Forgets the saved password, pin and Face ID. Forces you to log in via a browser.
Why have an app if you need to log in to the browser anyways ? The website works fine, I’d just use that tbh
Good improvements
I use the app as a backup to desktop trading. Used to have lots of issues with logging in and reauthenticating but these issues now seem to be solved. Great platform and getting better as time goes on, keep up the good work guys
Still No iPad Version
Each new iteration creates new annoyances, which after being reported to support remains unfixed.
Day Only Expiry?
The app is rubbish. I use the website almost exclusively and the app as a last resort/when away from computer to check. But why is the only order expiry option ‘Day Only’??? That’s crazy. And when editing an existing order placed via the website with a future date, editing via the app changes the expiry to Day Only!! The last update was fun too…had to setup whole app again from scratch like I downloaded for first time…password, PIN and touch.
Terrible
Signing in is a nightmare. How can it be so hard?? Once you finally get in the Home Screen is useless. Just make it like the web site.
Now, I get a reply from support with some platitude. Dont bother. Just fix the things everyone is complaining about.
Shocking
This app has been poor for years now. It’s unresponsive, often locks up, has visual glitches and frequent malfunctions.
I stopped using the app a year or so ago. Just opened it again today and it’s still terrible! Figured it was time for the one star review.
App is terrible
It keeps asking me to re-authentic myself, it has lost the ability to remember the user and just use faceid to log in.
Annoying to have authenticate every few days
The app constantly signs you out and requires you to reauthenticate via the inbuilt browsers every few days.