Company Information

Get to know SelfWealth Ltd

Founded in 2012 and launched to the public in 2016, SelfWealth Ltd is a fintech company that provides a low-cost, flat-fee share trading platform for retail investors. The company's mission is to make investing more accessible and affordable by removing the complexities and high costs associated with traditional brokerage models. SelfWealth was listed on the Australian Securities Exchange (ASX: SWF) in 2017. In 2023, SelfWealth was acquired by and merged with fellow Australian broker Superhero, creating one of the largest retail brokerage firms in Australia, serving over 600,000 customers. The platform allows users to trade stocks and ETFs on the ASX, NASDAQ, and NYSE, as well as invest in a selection of cryptocurrencies, all through a single interface.

Industry

Stock BrokerPRIMARY
Financial Other Service

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SelfWealth Ltd

Australia

Founded in

2012 (14 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.