101Investing Review
If you’re looking for a well-established and regulated broker, our 101Investing review is for you. 101Investing is operated by FXBFI Broker Financial Invest Ltd, a CySEC-licensed company that offers you access to over 250 trading instruments. This includes CFDs on forex, commodities, stocks, metals, commodities, and cryptocurrencies. In addition, the broker provides you with low spreads and ultra-fast execution speeds.
When it comes to safety, 101Investing constantly puts great effort to maintain a safe and transparent trading environment. Our reviewers will show this works to protect your funds at all times. 101Investing also offers the MetaTrader 4 platform, making it a perfect fit for those who love trading on both desktop and mobile.
Read our complete review to find out more about 101Investing and its offerings.
101Investing Reputation and Licenses
First things first, let’s start our in-depth 101Investing review by checking out the broker’s background and regulatory measures.
101Investing was founded in 2016, in Cyprus. Operated by FXBFI Broker Financial Invest Ltd. the company is authorized and regulated by Cyprus Securities and Exchange Commission (CySEC), under license number 315/16.
In addition to the license, 101Investing is also a member of the Investor Compensation Fund (ICF). Clients covered by this fund can claim up to 20,000 EUR in the unlikely event of the broker going bust. 101Investing also stores your funds in segregated accounts with top-tier banks
Our 101Investing review team found that there are over 250 different financial instruments available for you to trade as CFDs, in six asset classes. This includes forex, cryptocurrencies, stocks, indices, metals, and commodities CFDs.
- Website: www.101investing.com
- Support: +357 80092740
- Leverage: 1:30
- Min. Deposit: $250 or equivalent
- Spreads: 0.03 pips
- MacWindowsAndroidLinux
Advantages
- CySEC license
- 250+ instruments
- 20+ crypto pairs
- No commissions
Disadvantages
- No 24/7 support
- Limited research capabilities
101Investing Account Types and Trading Conditions
If you decide to start trading with 101Investing, you’ll find there are four trading accounts to choose from: three retail, professional:
- Silver Account: 250 USD min. deposit, 1:30 leverage, spreads from 0.07 pips
- Gold Account: 250 USD min. deposit, 1:400/1:500 leverage for professional clients, spreads from 0.05 pips
- Platinum Account: 250 USD min. deposit, 1:400/1:500 leverage for professional clients, spreads from 0.03 pips
- Pro Exclusive Account: Requires a 500,000+ USD portfolio, 1:500 leverage, spreads from 0.03
Besides these accessible tiered accounts,101Investing also offers a swap-free account for Muslim clients. Our 101Investing review team also recommends registering for a demo account first. This helps you get to grips with the broker before depositing funds, and you can also use it to practice your skills and strategies.
101Investing Deposits and Withdrawals
At 101Investing, our reviewers were impressed to find a wide range of depositing methods. You can fund your account via bank wire transfer, credit and debit card, Skrill, Worldpay, Solidpay, and eMerchantPay.
What’s great about these methods is that they are not only are secure and instant, but they’re also completely free. 101Investing does not charge depositing fees and most withdrawals do not incur charges either.
101Investing Mobile and Desktop Trading Platforms
101Investing is a MetaTrader broker, which means that it supports all versions of the world-leading software. This includes the downloadable MT4 trading platforms for Mac or PC, the browser-based WebTrader platform, and the MT4 apps for iOS and Android.
All versions of MetaTrader 4 come with similar functionalities and impressive features and tools. This includes dozens of analytical tools, customizable graphs, and all major execution types. In addition, you can also use automated robots to make the trading process significantly more flexible.
101Investing Education and Training Materials
The wide range of learning materials available at 101Investing makes the broker a great choice for traders who want to expand their knowledge. Throughout our 101Investing review, we were impressed with the quality of the educational content which includes videos, e-books, online courses, and tutorials.
With 101Investing, you can learn about trading strategies, trader psychology, market analysis. . You can also use the videos to familiarize yourself with the MetaTrader 4 platform and tools. These materials are available for all clients on different devices.
Overall, if you are an ambitious trader, 101Investing offers you lots of opportunities to take your trading game to the next level.
101Investing customer support
101Investing has a competent customer support department, that you can contact via the following channels:
- Live chat
- Phone call: +357 80092740
- Email support: [email protected]
The support team can be contacted in seven different languages, and are available on weekdays from 09:00 – 23:00 GMT+3, and on weekends from 11:00 – 20:00 GTM+3. We found the agents to be helpful, friendly, and efficient.
The final verdict of 101Investing
By creating this review of 101Investing, our experts have unearthed another well-established forex broker. With a wide range of instruments, accessible fees, and minimum deposit limits, and a huge variety of research and educational tools, 101Investing stands out from the crowd.
What’s arguably more impressive, however, is the broker’s strong adherence to regulation. It’s for this reason that our reviewers are happy to recommend the broker to both beginner and experienced traders.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Frequently Asked Questions (FAQs)
How can I sign up to 101investing?
Creating a live trading account with 101Investing involves just three quick steps. First, you’ll need to click the Open Account button and provide personal details, such as your name and email address. After that, you’ll need to give some more information and complete a short questionnaire about your economic profile and experience. Finally, to verify your account, you’ll need to supply proof of your identity and address. Our 101Investing review team found that the process takes a few minutes to complete.
How much money do I need to trade with 101Investing?
The minimum deposit requirement at 101Investing is 250 USD (or currency equivalent) no matter which banking method you choose. if you want to open a Pro Exclusive account, however, you’ll need a trading portfolio worth more than 500,000 USD.
Does 101Investing charge commission fees?
No, 101Investing does not charge commissions on trades. Instead, you’ll need to pay swap and spread fees. Spreads on popular currency pairs start as low as 0.03 pips, which is impressive when you consider this is not an ECN broker. Rollover swaps are also competitive, and there are discounts available for certain account holders. The broker may also charge you inactivity fees.
Is 101Investing safe?
Yes, 101Investing puts effort in to maintain a safe trading environment. The broker is owned by FXBFI Broker Financial Invest Ltd who holds a respected license from the Cyprus Securities and Exchange Commission (CySEC). In addition to that, you’re also protected by three risk management mechanisms; negative balance protection, account segregation, and fund insurance.
What products can I trade with 101inevsting?
At 101Investing, you can trade an extensive range of over 250 assets to trade through CFDs. This includes CFDs on cryptocurrencies, commodities, metals, shares, forex, and indices. Our reviewers found that this makes 101Investing an appealing broker for those looking to expand their product portfolio.
