Foundation Year : 2016
101Investing is a European online financial services provider that has been functioning for almost five years, starting from 2016. The financial services provider is a subsidiary of the popular online platform FXBFI.
Despite being a relatively new company, 101Investing has already acquired a large and loyal user base thanks to its professionalism and quality of services provided. 101Investing offers its users such outstanding features as free demo accounts, high leverage, a wide selection of trading assets with different platforms and fast customer service, and all that at competitive prices and with no commissions.
|💰 Trading fees class||Low|
|💰 Inactivity fee charged||Yes|
|💰 Withdrawal fee amount||$0|
|💰 Minimum deposit||$250|
|☪️ Islamic Account||Yes|
|🕖 Time to open an account||1 day|
|💳 Deposit with bank card||Available|
|👛 Depositing with electronic wallet||Available|
|📈 Total Assets||45+|
|🎮 Demo account provided||Yes|
|🛍️ Products offered||CFDs on Forex, Indices, Stocks, Commodities, Cryptocurrencies and Metals|
- 101investing is regulated by The Cyprus Securities and Exchange Commission.
- The broker is providing you with MetaTrader 4 trading platform & MetaTrader 4 WebTrader and mobile application under one roof.
- Here you get quality education material & research tools through which you can enhance your knowledge.
- 101investing customer support is a very user-friendly feature. Traders can contact them through phone calls, emails, and live chat features.
- The broker provides you with a wide range of tradable assets such as forex, stocks, commodities, indices, and precious metals.
- High leverage is available for all tradable assets. The maximum leverage provided by the broker is 1:500 for professional accounts.
- The broker offers three types of accounts like Silver account, Gold account, and platinum account. The Pro Exclusive Accounts is also available for professional traders. Traders can customise this account as per their requirements.
- Traders can experience trading with the negligible spread available on the 101investing brokerage portal.
- 101investing broker only offers its services in Europe. Worldwide traders can access this platform.
- The broker charges high inactivity fees from their clients. If you do not trade for more than a month, the broker will charge fees through you. And these fees will increase as per the time period if you leave your account vacant. The broker applies high Swap charges, but discounts are available for Gold and Platinum Account holders.
- MetaTrader 5 platform is not at the broker portal.
Features of services provided
101investing is a legit financial services provider offering online CFD trading through user-friendly MetaTrader 4 (MT4) platforms which are available for various devices. The company has hundreds of CFDs including Forex, Stocks, Indices, Commodities, and Cryptocurrencies. There are also several types of accounts, funding options, and educational resources to choose from.
Is 101Investing a scam? Regulation and licensing details
101 investing is supervised by the Cyprus financial authority. The online trading platform has the license number of CySEC (Cyprus Securities and Exchange Commission) with the number of 315/16 and works with FXBFI Broker Financial Invest Ltd, which is the parent organization of the financial services provider. The company’s headquarters is located in Limassol, Cyprus.
Thus, the 101Investing is regulated and licensed from the highest-level judicial system.
The company is also registered in the European directive MiFID (Markets in Financial Instruments Directive), which means that the safety of traders’ funds is ensured, and the organization will not use clients’ money in case of insolvency.
101Investing security measures
101investing pays big attention to safety measures and implements some top-notch security features including:
• Firewalls and SSL software
• Servers in SAS 70 certified data centers
• Moderation of PCI Level 1 Compliance Service
Besides, the user’s information is also stored safely in separate data centers, and no one dares to hack them or use them for some other purposes, not related to trading.
Available Countries on 101Investing
101Investing is a company that offers its services for European region residents. cannot accept clients from some countries, including the United States. Also, certain features and products of 101investing mentioned in this 101investing review 2021 may not be available to traders from certain countries due to laws and legal restrictions.
So, in which countries are 101Investing’s services available? It is reported that 101investing only accepts traders from Austria, Belgium, Bulgaria, Czech Republic, Croatia, Cyprus, Denmark, Germany, Greece, Estonia, Hungary, Ireland, Spain, France, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland. Portugal, Romania, Slovenia, Slovakia, Finland, Sweden, Iceland, Liechtenstein, Norway, Switzerland, Great Britain.
Trading Platforms on 101Investing
101investing provides traders with the popular MetaTrader 4 (MT4) platforms for the web, mobile devices, and computers. The web version can run directly in most modern web browsers without the need to download or install any additional software. The desktop MT4 platform has the most functionality, including support for automated trading with Expert Advisors (EAs), while the mobile trading app is useful for those looking to access their trading account and monitor the markets on the go. MT4 app is compatible with Android and iOS devices.
MetaTrader 4 is considered an industry-leading platform and can be used on all devices.
MetaTrader 4 Platform features
MetaTrader 4 provides a transparent, functional, and fully customizable trading environment with quick access to global markets. It is widely regarded as one of the best trading platforms and is packed with many of the features you need to run smoothly across a variety of trading styles.
Some of the key features of MetaTrader 4 include:
• Several types of orders, including instant, limit, and pending orders.
• Fully customizable user-friendly interface.
• 24 analytical objects, including lines, channels, Gann and Fibonacci tools, shapes, arrows, and more.
• More than 30 analytical tools such as RSI, MACD, Moving Average, Bollinger Bands, and many others.
• 9 timeframes
• Automated trading with advisors (EA)
• Strategy tester for checking EAs on historical data
• MQL editor for creating custom trading instruments
• Marketplace to download additional instruments and receive trading signals
• Price notifications via email, SMS, and platform pop-ups
Mobile trading with 101Investing
The MT4 mobile app provides traders with access to most of the analytical tools and all the trading capabilities of other MT4 platforms. Plus, it syncs with other MT4 instances, allowing the trader to link a trade on the desktop, edit it in Web Trader, then close it the same day in the app.
Clients also have access to all types of trading and executions, 9 different types of trading, charting and indicators, and chat support built right into the application. The MT4 mobile application is compatible with iOS and Android operating systems.
Account types for 101Investing
101Investing offers three main account types that you can choose from Silver, Gold, and Platinum. All of these accounts have their unique benefits, characteristics, and trading conditions. The most significant and the most remarkable differences between the account tiers lie in the minimum deposits, commissions, and services.
Silver, Gold, and Platinum accounts offer unique trading paths to global markets with flexible spreads and leverage that depend on your trading skills, experience, strategies, and investment goals. Here are the parameters of each account type:
• Minimum deposit amount: $250
• Spreads: from 0.07
• Maximum leverage: 1:30
• Commission: no
• 250+ trading assets
• Spreads: from 0.05
• Maximum leverage: 1:30
• Commission: no
• 350+ trading assets
• 25% discount on swap
• Spreads: from 0.03
• Maximum leverage: 1: 400
• Commission: no
• 250+ trading assets
• 50% discount on swap
Traders who qualify as professional clients can apply for a professional account, which offers increased leverage of up to 1: 400 for certain instruments and reduced current margin rates, allowing you to trade with higher leverage, unlike the restrictions imposed by ESMA to retail customers.
To qualify as a professional trader, the client must complete 2 of 3 of the following recommendations:
- Have a portfolio of more than 500 thousand dollars (not including property or cash).
- Have a confirmed history of placing positions of significant size (at the discretion of the broker).
- Worked for a professional position related to financial derivatives/speculation/trading. To qualify as a professional client one should meet any two of these requirements.
It is important to note that some protection is lifted if you are applying for a professional account, as in that case you are classified as a professional trader under the ESMA rules.
Islamic account option
101Investing provides Islamic modification of each type of account. Islamic accounts comply with Sharia law and are available to Muslim traders. This is because the company supports different countries and makes its services accessible for a larger territory.
101Investing demo account
101Investing also has a practical demo account. Demo accounts allow traders to practice their trading strategies using virtual funds. This can be a good way to get familiar with trading platforms and broker services before opening a live trading account.
Deposit and Withdrawal
101investing has many convenient methods of depositing and withdrawing funds from the clients’ trading account. This includes bank transfer, credit or debit card, and online payment systems such as Neteller and Skrill. Some methods may only be available for certain countries, and not all are available for both deposit and withdrawal.
Fees may apply in case of using a certain kind of payment. Withdrawal requests are handled on the same day or the next day outside of business hours. Withdrawal times may vary depending on the payment provider and method. Bank transfers can take several business days, while some methods can be instant.
Some payment processors may have transaction limits, restrictions, and requirements, which are indicated on the respective websites. Traders may need to verify your account to remove restrictions on certain methods in some countries.
101investing strictly does not accept third party payments. All funds deposited into your trading account must be under the same name as your 101investing trading account.
Accounts can be opened in US dollars, euros, pounds sterling. Such an option of currency options is beneficial as there are no currency conversion fees charged when using an account in your currency.
The broker offers high leverage to their clients. The leverage varies as per securities. The maximum leverage offered by the 101investing is 1:30 for retail accounts and 1:500 for professional accounts with a margin of 0.2%, Whereas investors who trade commodities and Indices will get maximum leverage of 1:20 for professional accounts with a margin of 5%. At the same time, stocks traders will get maximum leverage of and 1:5 with a margin of and 20%.
Traders must use leverage properly while trading. Even professional traders lose money due to high leverage. Investors who are interested in cryptocurrency trading can take benefits of leverage from here. The broker offers 1:2 leverage for cryptocurrency traders with a margin of 50%. But the cryptocurrency market is a risky market, so one must use leverage accordingly. In case you lose a trade, you can easily bear losses.
Leverage provides you flexibility for enhancing your trade. High leverage comes with high risks, so one must use leverage carefully while trading. But it may also provide you with the strength to trade with a small budget. Traders can access leverage by opening an account on the broker’s website. The provider also offers a pro exclusive account for professional traders where you will get higher leverage compared to the previous three accounts. Here you can adjust leverage according to your trader. But to gain access to the pro exclusive account, you need to fulfil the criteria given by the broker. For more information about 101investing read this article carefully.
Payment methods at 101Investing
Once you have created an account, the next step is to deposit funds. 101Investing offers multiple payment methods and does not charge a deposit fee. Thus, traders can use credit and debit cards, SafeCharge, Skrill, Worldpay, and eMerchantPay to fund your 101Investing account. Clients can also deposit using bank transfer, although it has significantly more processing time.
101Investing customer service
101Investing’s support team is ready to answer clients’ all general, technical, or account-related questions.
The customer support portal design is sleek and looks good. The team is available every day from 07:00 to 17:00, five days a week. The trader can contact them by phone, email, or chat, and if necessary, fill out the request form. There are separate sections for communication with the management and the customer team according to the user’s needs. Typical team response times to a call are less than two minutes, and each member makes every effort to serve customers and solve their problems. Besides, there is a dedicated FAQ (Frequently Asked Questions) section for general user inquiries. It includes a series of Q&A resolutions in easy-to-use language.
101Investing has an extensive set of training materials to expand your business.
knowledge and skills of their users. It includes a video on demand (VOD), eBooks, tutorials, courses, economic calendars, and more. This is useful for both professionals and novice traders. The material should help the trader accurately predict asset prices, as well as provide excellent market analysis, both fundamental and technical.
How to open an account with 101Investing
Opening an account with 101Investing is quick and easy. It will take traders a maximum of half an hour to complete the registration and verification process. New traders must provide accurate information, such as their email address and contact information, when registering. If this information is incorrect, the verification process will fail. After completing the form, the trader can choose the type of account that suits his needs and then proceed to make the minimum required deposit. There are many convenient payment methods available and the broker will help new traders along the way.
101Investing review 2021: Conclusion
101Investing is an online CFD financial services provider located in Cyprus. The financial services provider offers a reliable and legit online investment platform that can serve a variety of trading strategies with hundreds of CFDs available for online trading for the European countries’ residents. The company also provides various types of trading accounts and funding options, as well as training materials to support traders of all experience levels.
101Investing follows all existing standards of the trading market. The broker offers traders access to the popular trading platform MetaTrader 4. The platform is user-friendly and useful for making trades and improving your trading experience. MetaTrader 4 is a powerful technological trading engine used by many traders around the world. The company’s services are designed with quality in mind to provide transparent, functional, and fast access to global markets. Traders are free to choose from several account types and deposit/withdrawal methods. Also, there is a dedicated customer support team to assist with any trader’s questions. 101Investing also offers clients the opportunity to learn more about trading features through its educational library. There are tons of materials and resources to equip new traders to succeed in the market which makes 101Investing’s services worth trading with.
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