101Investing is a regulated broker trading in CFDs with over 250 assets. The broker has been providing trading facilities to its clients since 2016. It has gained a name in the forex market in a short span. Being a subsidiary of FXBFI, the online broker is already registered with the name FXBFI Broker Financial Invest Ltd. 101investing has various features to ease the process of forex trading. Let’s dive deep into a detailed 101investing review.
It furnishes traders with trading tools. It analyses the market, helps in forming strategies, allows a demo account, and many more that would aid traders in the long or short run.
101investing offers the best trading platform, MetaTrader4, a popular platform with a user-friendly interface. The customer support and dedicated manager are the cherries on the top of a cake. Serving with affordable and accessible functions.
A regulated and authorized broker gives security to the trader or investors. So, being a regulated and reputed broker is necessary to trade online. 101investing is a Cyprus Securities and Exchange Commission (CySEC) regulated broker with license number 315/16. Also, the broker is registered with the company name FXBFI Broker Financial Invest Ltd. It is registered with the number HE351508.
The firm follows every rule stated by CySEC and caters to the clients with transparency and trade protection. The firm provides its services to countries, namely, UK, Portugal, Spain, Netherlands, Denmark, Sweden, Norway, Austria, Croatia, Romania, Estonia, Czech Republic, Germany, Italy, Lithuania, Latvia, and Poland.
All the regulations and transparency of the firm and broker make it a legit broker. It is not a scam but a well-authorized broker to trade and facilitate trading online.
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The broker allows traders to invest with different types of accounts. It has four types of accounts for trading online. The various accounts have features that make trades more convenient and easy. With the accounts, 101investing also has the option of an Islamic account. The account is for those who have religious beliefs. There is a free demo account that will train novice traders with the use of virtual money and practice live trading. They can even set strategies and analyze the forex market in advance before even investing.
101investing launched a new account tier this year called bronze account. Back then, the silver account was considered to be suitable for beginners but now the bronze account tier is designed in such a way that beginners can adapt to international markets and trading tools more easily.
101 investing offers all major base currencies in the bronze account. You can also hedge and use the fifth decimal facility as a bronze account holder. The minimum spread is 2.0 pips and leverage you can use is up to 1:30 (for retail clients).
The silver account is the primary account of the 101investing broker. The broker with this account gives traders the potential to invest with a minimum deposit of $250. Other than this, traders have the opportunity to trade with hedging strategies, 250 plus tradable assets, base currencies, leverage of 1:30, spreads from 0.07 and fifth decimal.
An account is a good option for beginners of trading. They can start with the basic facilities to go high in risks and rewards.
The gold account is more advanced than the silver account. It has all the facilities of a silver account with some additional features. The account has hedging, fifth decimal, a minimum deposit of $250, spreads from 0.07, leverage of 1:400/1:500, 250 plus assets to trade, base currencies and swap discount of 25%. Being a step ahead, the account is suitable for traders who have little trade experience.
It can be a decent choice for novice and experienced traders.
The account has similar functionality as the gold account. However, it is designed for professional traders. Experienced traders have knowledge and understanding of the market and would be able to use it appropriately. The account has hedging, leverage of 1:400/1:500, swap discount of 50%, base currencies, fifth decimal, a minimum deposit of $250, spreads from 0.07 and 250 plus tradable assets.
Traders can invest with platinum accounts and gain the benefits of the advanced services of the broker.
As the name suggests, it is an account of the pros of the trading field. Trading professionals can use this account to access the pioneering services. It is a special account with certain conditions that the traders must fulfill to trade with a pro-exclusive account. The account has high leverage of 1:400, reduced margin rates, personalized tools, and VIP terms.
The conditions required for a Pro-exclusive account are:
The account is specially designed for Muslim traders following Shariah law. With no hidden prices and requotes, the account is for simple trading. It also does not have any overnight charges, and the position could be held for no specific period. The traders of Islamic accounts have many features similar to the accounts as mentioned earlier with some changes.
101investing has unlimited use of a demo account for its clients to aid them in their online trade. The traders can sharpen their trading skills and have strategies planned before real investment. The facility is for both beginners and professionals of the trade. They can analyze the market and plan in advance with the demo account. The use of a demo account is optional for traders. If they want to have good strategies and skills for trading without investing, they can. A demo account is live trading but with virtual money. So, a feasible trade with a lot to learn.
Account opening with a broker is simple. Within a few minutes, traders have access to a brokerage account. The 101investing has a similar process to open an account with them. In some steps, we have discussed the process of account opening at 101investing:
101investing is available for all forex instruments. We have listed them for you in this section:
101investing broker does not charge any kind of commission or deposit fee from its clients. This is because traders are not supposed to pay commission for their trade and can freely enjoy the perks of the trade.
Spreads may vary for different accounts, financial assets and instruments. The spreads start from 0.07 for all the accounts. For instruments, the spread is as per the pips. For example, forex spreads 0.7 pips for EUR/USD, for EUR/GBP spreads 0.9 pips and for GBP/USD 1.3 pips.
Similarly, the indices have a spread of point 1 for FTSE100 and commodities like crude oil have a spread of 0.03; silver has 0.037, and gold has a spread of 0.37. So, it differs as per the instrument of trade.
|Swap charges||Avail 50 per cent off|
|Spreads||Starting from 0.03 pips|
|Deposit commission||It is free|
Leverage is the ratio provided by the brokers to the clients. The ratio is significant as they give a higher position to traders in the market. Margin and leverage both play an essential role in holding a high position in the market.
The leverage provided by 101investing broker differs as per the account used for trading. Retail and professional accounts have different leverage ratios. Retail accounts have 1:30 as the leverage, and professional accounts have 1:400 or 1:500 as the leverage ratio. Trading in CFDs involves high risk, and various ratios are there for the instruments of CFDs.
The maximum leverage ratio of forex is 1:500 with a 0.2% margin; commodities have 1:20 as the maximum leverage with a margin of 5%. Similarly, cryptocurrency has a leverage of 1:2 and margin of 50%, indices have a leverage ratio of 1:20 with a margin of 5%, and lastly, stocks have a maximum leverage of 1:5 with a margin of 20%.
The deposits and withdrawals process of 101investing is easy. Traders can easily deposit and withdraw the amount of money they want. The initial deposit requirement of 101investing brokerage accounts is $250. With the initial fund deposit, traders can start online trading in the market.
The deposits can be made from bank accounts, bank wire transfers, credit and debit cards, skrill, solid pay and other online e-wallets.
Traders should first file a withdrawal request to the customer support team via email for withdrawal of funds. Traders also have a clients portal available 24/7, which provides information and caters to withdrawal requests. However, clients are charged withdrawal fees from the broker. Up to 50 EUR are charged for the withdrawal.
101investing has three trading platforms, MetaTrader4, Webtrader and Mobile application. All three platforms help clients of 101investing in the forecast of the trade and invest accordingly. In addition, trading platforms have the tools and analysis of the market for better judgement. Thus, a guide for trade in the market.
MT4 is the most used and popular trading platform in forex trade. It is user-friendly and flexible to use, therefore used globally. MetaTrader4 provides traders with the facility to customise the platform as per needs, and other than this has many features for future trade decisions.
MT4 has hedging, expert advisors, time frames, charts and patterns, strategy making, technical and fundamental analysis of the market, indicators and stop-loss facilities. So much within the software, and it is readily available on devices such as Android and iOS. It is easily used through WebTrader and is available for use 24 hours a day.
The platform is accessible and could be used on different devices using the browser. The webTrader supports 11 languages and is easy to use. It is available on laptops, computers and mobile devices. Thus, a favourable trading platform for traders.
The platform needs no download and can directly be used through the device’s browser or mobile browser. Web trader is advanced in its design and could be used by beginners and professionals.
The WebTrader platform provides access to indicators, signals and many more functions of the broker.
101investing brokers offer good educational support for its clients; they encourage traders to know more about the forex market and trade. There are trading tools, technical and fundamental analyses to research the market and plan before investing. The research is easy and affordable with its indicators, charts and patterns, signals, and mathematical tools. In addition, traders can know and analyze the market within the mobile applications and devices they use.
Traders of 101investing have the facility of education and research with its official website. Beginners of trade can learn and apply the education, whereas professionals can sharpen their skills and remember trade basics. The broker has articles, blogs, videos, e-books, tutorials, courses, and economic calendars. All these help traders to forecast the trade and analyze the market adequately. The software use (MT4) is available with 101investing and education and research, thus enhancing the traders’ benefits.
The customer support team of 101investing brokers is available 24/5 to assist traders. It has the option of connecting with the team through email, phone number, and live chat.
Traders can even use the form option to connect with the customer support team. The official website of CFD broker has all the facilities for a trader to be in touch with the professional support team. Traders can contact the team from morning 7 am till 5 pm, five days a week. Other than this, they can email, call or live chat with them. The customer support team of 101investing is always there online to assist clients.
The 101investing broker has achieved a lot in 5 years of service to clients. The broker has 250 plus tradable assets. Moreover, being a CFD broker makes trade more comfortable and easy. The broker is regulated by CySEC, which is a known authority of forex trading regulation. This all makes the trade online more secure and transparent. Traders can see every detail of trade.
With this, clients enjoy trading tools and platforms that guide them throughout the trade. They can analyze the market, plan the strategies and forecast the trading decisions. The trade is available for all kinds of forex instruments, forex, commodities, indices or stocks. Traders don’t have to think twice before investing with such a regulated and organized trading broker.
They have a professional customer support team, taking care of every facility. All these points make 101investing an excellent choice to trade with.
yes, the broker is a good brokerage firm and the traders are not at a high risk of losing money.
Yes, subscribers can find the live chat option in the contact us category.
Yes, the 101investing broker complies with all legal duties.
It is the most genuine trading broker around with some of the best accounts and platforms. The exchange commission CySec is one of its strengths. Besides, it has the license number and registration from a reputed body. So, 101investing is safe for trading. A fine financial conduct authority puts a stamp of legitimacy on 101investing.
The broker offers free demo account with 100k virtual currency. You have to visit official website of 101investing and sign up and get free access to demo account.
You can access trading platform from mobile, desktop and web portal. You can login simultaneously from any platform.
For withdrawing the funds from trading account, one has to login to the portal and click on the payment tab and withdraw the amount. The minimum threshold is $100