71% of retail investor accounts lose money, …
There are so many online brokers coming these days. The criteria of a good broker are different for everyone. What you would like to see in an efficient online brokerage firm? What is your objective to choose a particular broker whether to trade Forex pairs, stocks, crypto or commodities? What is your risk appetite? All these questions you need to ask before signing up for a broker. Here we are going to talk about the 101investing in detail to give you a perspective on this broker.
In this review, we will delve deep and examine whether the platform effectively operates as an international multiple financial asset trading platform for traders in 2022.
101investing is the trading name of the FXBFI Broker Financial Invest Ltd started its operations in 2016. The broker offers 250+ CFD assets such as currencies, stocks, commodities, cryptocurrencies, indices through its four different types of dedicated trading accounts.
The broker offers the advanced and world’s popular MetaTrader 4 trading platform. It also provides advanced research tools and educational support. This broker has achieved several awards for its services and trading tools.
Yes, 101Investing is regulated and authorized by the Cyprus Securities and Exchange Commission (CySEC) under license no 315/16 and operates from Limassol. It is also a member of the Investor Compensation Fund (ICF). Due to this, clients can claim to them if the broker fails to fulfill their obligations.
Apart from this, the broker uses the segregated bank accounts of the top financial banking institutes for depositing its clients’ funds. The broker also employs advanced technology and encryption systems to safeguard the client’s data.
Often, you’ll need to browse and navigate various broker websites, each of which may use a different language. This linguistic diversity can be somewhat confusing, making it challenging to choose an online broker like 101investing.
The first few challenges can be what looks to be a complex mobile or online trading platform, difficult-to-understand investment terminology, and perplexing cost arrangements.
We break through the benefits and downsides of our review. What broker has to offer, and where it can be found. 101investing is governed by, among other things.
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101investing offers different types of four trading accounts such as silver, gold, platinum and pro. They all come with different features and services.
Hedging is allowed with all the account types. At the same time, all accounts needed a minimum deposit of $250. The broker offers commission-free trades across all the account types. It also provides a wide range of base currencies which includes AUD, GBP, USD, EUR.
The broker also offers a swap discount of 25% to the gold account and 50% to the platinum account. Islamic swap-free account is also available with the broker. Traders can also access the demo account for practicing their Trading Strategies.
Pro account type comes with full customization only for professional traders.
The broker offers a straightforward account opening process. Traders have to follow the five simple steps which include personal information, account details, uploading KYC, and depositing the funds.
As part of the KYC (Know Your Customer) process, traders are required to provide a colored copy of their identity proof, along with the most recent utility bill or bank statement as address proof, and also furnish the payment deposit proof.
The broker offers 250+ CFD tradable assets including forex trading, commodity trading, stock trading, cryptocurrencies, and indices. Detailed assets list as follows:
The broker offers different types of leverages to retail traders it offers 1:30, while for professional traders it offers maximum leverage up to 1:500
The broker provides commission-free trades through all its trading accounts, and it charges some spreads and swap charges. Swap charges are a bit on a higher side as per the industry, but it offers swap discounts.
Providers | 101investing |
---|---|
Swap charges | Avail 50 percent off |
Spreads | Starting from 0.03 pips |
Deposit commission | It is free |
Currency conversion | Pay charges |
The broker offers the best and most popular MetaTrader 4 trading platforms for web and mobile applications. Webtrader supports all operating systems and browsers. While MT4 mobile application supports both android and ios versions and download links are available on the broker’s website.
Some of the important features of the trading platform
Mobile trading is the world’s biggest invention for traders. They remain continuously connected to the financial markets even when they are not in front of their desktop or laptop. A simple click from their mobile device allows them to manage their investments with precision and care. That’s also the idea of technological prowess that broker exhibits through it. Furthermore, the features available in the application are either on par with or superior to what one would typically find on other devices. You can download it through the iOS or Android play Store.
It is conducive to use and comes with help. Hence, if you ever find yourself in a situation where you’re stuck, seeking assistance from customer support becomes even more accessible and convenient for you. That’s the beauty of entering the market through the app. You have the flexibility to implement various strategies, utilize different techniques, and focus on your preferred instruments and products within this platform.
The broker offers an advanced level of trading and research tools that can benefit its clients in analyzing the market correctly. Some of the research tools are as follows:
The broker’s educational material is quite impressive and informative. It offers several types of articles, videos that can help traders to understand the market correctly and trade successfully. Some of the educational products are as follows:
The broker offers several payment options for depositing and withdrawing the funds. Here is the payment options list:
The traders might get charged if the withdrawal amount is less than 100 EUR and can also get charged 50 EUR as the inactivity fees if they withdraw without executing the single position. The processing timing depends on different payment options.
The Broker offers a highly dedicated customer care team. Traders can connect them through live chat, email, telephone, or social media.
Contact Details:
This was a detailed review. It is the leading online broker that provides all the advanced trading tools and services that are required for successful trading. The broker is safe and reliable as the CySEC regulates it under license no-315/16. Apart from that, traders have achieved several awards for their services.
101investing has a long history of providing Forex trading, CFD trading, Stocks and Indices trading, Cryptocurrency trading, and Commodities Trading. It has a history of over 6 years and at least 10 reasonably sized customer support.
It is regulated by a jurisdiction that can hold a broker accountable for its mistakes, or at best act as an arbitrator in cases of larger disputes and regulation by reputable regulators. Deposits and withdrawals can be processed within 2 to 3 days by the Broker. When withdrawing monies, this is critical. It has a global presence in a number of nations.
At Trending Brokers, our aim is to provide you with diverse perspectives, unbiased assessments, and in-depth scrutiny. We maintain our commitment to precision through stringent data validation and consultations with industry mavens. It’s important to acknowledge that, though infrequent, minor fluctuations may occasionally manifest. Rest assured, our resolve to deliver impartial evaluations, thorough analysis, and well-informed viewpoints remains steadfast.
We feel compelled to offer some guidance on the subject of investing in financial instruments, commodities, and assorted assets, which inherently entail a significant degree of risk. There exists the potential for a complete loss of your invested capital. We strongly advise engaging in such ventures only if you possess a comprehensive understanding of the associated hazards. Please bear in mind that Trending Brokers refrains from providing investment advice or any semblance of financial counsel.
Your financial security is of paramount importance to us, and we emphatically advocate for the exercise of due diligence and the pursuit of professional guidance when making investment decisions.
Yes the broker is highly regulated the CySEC.
The minimum deposit of the broker is $100.
Yes, the broker offers MT4.
The broker is the highly regulated broker.
Disclaimer: At Trending Brokers, we are committed to providing unbiased reviews, blogs, comments, and analyses related to forex trading. We do not accept any paid services from brokers, ensuring all our reviews and blogs are genuinely honest and fair. We are constantly working towards providing updated information over time for better investment decisions by traders. The investment in Forex trading is subject to market risks, and it is mandatory to read all scheme-related documents carefully to understand the risks involved in trading. We would recommend traders take proper care and research before investment in the programs.
I like the 101investing financial instruments range which consists of commodities, forex, indices, etc. MT 4 platform and the mobile trading app is available to get access your trading account from anywhere.
The deposition and withdrawal process was very smooth and easy. The broker has provided different modes for transactions. The account opening process is very quick and fast, you need to spend too much time on it.
My experience was very good. I like the range of financial instruments offered by the broker. You need to spend only 10 to 15 minutes in the account opening process. Overall the broker is fine.
101investing is the best option for professional traders. The broker offers a Pro account option which creates for fulfilling the requirements of pro traders. You never face any security issues with this broker.
I think it is good to be with 101inesting. The broker is offering more than 250 financial instruments. The account opening process is very smooth. MT 4 platform is available which is one of the best trading platforms.
101investing online trading platform is offering more than 250 financial instruments. The registration process is easygoing and very quick. Multiple modes are available for deposition and withdrawal. Thumbs up for the broker.
I started doing trading with 101investing from last year, I haven’t found any difficulties. The brokers online trading facilities are very good. More than 250 assets are available for online trading.
My experience is very awesome. The account opening process does not take too much time. The broker is offering a Pro account facility for professional account holders. 250 + financial institutions are available with MT 4 trading platform.
Overall the broker is very good but the registration process is a little bit slow. You will get here more than 250+ financial instruments. I like their account opening process and Customer Support response timing.
My experience with 101investing is Ok, their registration process is very smooth. They have a wide range of financial instruments. But I do not get a satisfactory answer from Customer support.
As a beginner, I started with 101investing my experience is very awesome. The broker offers a separate account for both professional and retail account holders. But I am not happy with the spread. Other than this everything is good.
My experiences are good with 101investing. They are offering more than 250 tradable assets. According to me, the account opening process is a little bit complicated.
101investing is offering more than 45 currencies pair along with 50+ popular cryptocurrencies and many more. The thing I do not like is the broker is offering very little leverage to their retail account investor. Otherwise, the broker is very good.
My experience is good with 101investing. The registration process is very smooth and quick but the spread is very tight which is difficult for a new trader to deal with.
101investing is offering a commission-free trading service but the broker will charge other fees. Multiple modes are available for the withdrawal and deposition process.
Happy to be with 101investing. The registration process is a little bit time taking but It is ok to spend time for safety measures. Otherwise, the broker is offering 250+ financial instruments which is a very good number.
I like the 101investing financial instruments range which consists of commodities, forex, indices, etc. MT 4 platform and the mobile trading app is available to get access your trading account from anywhere.
The deposition and withdrawal process was very smooth and easy. The broker has provided different modes for transactions. The account opening process is very quick and fast, you need to spend too much time on it.
My experience was very good. I like the range of financial instruments offered by the broker. You need to spend only 10 to 15 minutes in the account opening process. Overall the broker is fine.
101investing is the best option for professional traders. The broker offers a Pro account option which creates for fulfilling the requirements of pro traders. You never face any security issues with this broker.
I think it is good to be with 101inesting. The broker is offering more than 250 financial instruments. The account opening process is very smooth. MT 4 platform is available which is one of the best trading platforms.
Overall the broker is very good but the registration process is a little bit slow. You will get here more than 250+ financial instruments. I like their account opening process and Customer Support response timing.
My experience with 101investing is Ok, their registration process is very smooth. They have a wide range of financial instruments. But I do not get a satisfactory answer from Customer support.
As a beginner, I started with 101investing my experience is very awesome. The broker offers a separate account for both professional and retail account holders. But I am not happy with the spread. Other than this everything is good.
My experiences are good with 101investing. They are offering more than 250 tradable assets. According to me, the account opening process is a little bit complicated.
101investing is offering more than 45 currencies pair along with 50+ popular cryptocurrencies and many more. The thing I do not like is the broker is offering very little leverage to their retail account investor. Otherwise, the broker is very good.
My experience is good with 101investing. The registration process is very smooth and quick but the spread is very tight which is difficult for a new trader to deal with.
101investing is offering a commission-free trading service but the broker will charge other fees. Multiple modes are available for the withdrawal and deposition process.
Happy to be with 101investing. The registration process is a little bit time taking but It is ok to spend time for safety measures. Otherwise, the broker is offering 250+ financial instruments which is a very good number.