Welcome to Our Best Forex Indicator Website. We’ll be doing a 101Investing Review in today’s post. This analysis will cover the following topics: a brief overview, account forms, assets available, sponsored countries, deposit and withdrawal processes, education, positive and bad points, and our final judgment on this broker. Continue reading this article if you want to hear more about this broker.
So let’s get started!
What is 101Investing?
101Investing is a relatively new Cyprus-based CFD broker, having launched in 2016. It offers over 250 CFDs on its website. Forex, cryptocurrencies, commodities, stocks, and indices were among them. FXBFI Broker Financial Invest Ltd is the parent company of the broker group, which is also a member of the ICF (Investor Compensation Fund). 101Investing also offers a trial portfolio, high equity, a diverse range of tradable securities, attentive customer care, and competitive pricing to its customers. Clients have access to MetaTrader 4, an internationally recognized site, PC, and phone trading website, as well as advanced learning strategies, videos, tutorials, posts, and classes.
Let’s dive into the details of 101Investing Review!
101Investing: Accounts and Fees
The accounts provided by this broker will be addressed in this segment of the 101Investing Review. Traders can select from three different accounts at 101Investing: Silver, Gold, or Platinum. Each account has its collection of features, including spreads that can be modified, leverage, trading experience, tactics, and investment goals.
The accounts mentioned below are broken down as follows:
- Minimum investment of $250
- Spreads starting at 0.07
- Maximum leverage of 1:30
- Over 250 trading funds
- 25% Swap concession
- Maximum leverage to 1:30
- Spreads beginning at 0.05
- No commission
- Over 350 trading reserves
- Offers 50% exchange discount
- No commission
- Maximum leverage of 1:400
- More than 250 trading reserves
- Spreads starting at 0.03
Traders chosen for a professional account would be able to apply. This account provides up to 1:400 leverage on selected securities, and traders receive a discount on current margin rates. This allows traders to increase their leverage. To register for a professional account, the dealer must meet the following requirements:
- Have a fund of more than $500,000.
- Demonstrated experience of placement on a grand scale.
- Prior experience in a professional position relevant to the sector.
101Investing has a variety of cultures, countries, and value systems. Muslim merchants have access to Sharia-compliant Islamic accounts.
101Investing offers a trial account feature for traders to try the site and gain experience before going online. This account feature is perfect for young, inexperienced traders who are enthusiastic about trading but are wary of taking risks.
101Investing, like many other brokers, charges commissions. The only fee traders to remember is the inactivity fee imposed on accounts that have been idle for two months or more. If a provider account is inactive for 60 days in a row, it will be labeled as inactive and will be paid as follows:
- Over 61 days, the Inactivity Premium is €80, retroactive with any idle hours (i.e., the Customer’s Inactivity Charge is €160 after 61 days of inactivity).
- The Inactivity Fee is 120 euros a month for 91 days.
- The Inactivity charges are €200 per month for more than 181 days and €500 per month for more than 271 days.
101Investing: Assets Available
This section of 101Investing Review will disclose the funds available via this broker. 101Investing offers a wide range of CFD options for traders to choose from. This includes the following:
- Forex – there are over 45 currency pairs to choose from, including EUR/USD, AUD/USD, and EUR/JPY.
- Cryptocurrencies – Exchange over 50 of the most common cryptocurrencies, like Bitcoin and Ethereum.
- Commodities – More than 15 hard and soft commodities, such as gold, coal, and oil, are available.
- Stocks – Trade 75+ of the world’s biggest stocks, including American Express, Facebook, and Sony.
- Indexes – Trade some of the world’s most important indices, such as the FTSE 100 and the DAX 30.
101Investing: Trading Platform
This part of the 101Investing Review will concentrate on the trading platform supported by this broker. The MetaTrader 4 tool is used by 101Investing. This portal is accessible via desktop, web, and smartphone. Traders may use the forum to buy, sell, and analyze the stock. Customers may use tools such as automated trading, hedging, scalping, one-click trading, real-time quotes, and more.
The following are some of the key features of the MetaTrader 4 platform:
- Multiple order forms
- an easy-to-follow checklist that can be customized
- 24 analytic objects such as lines, channels, and so on.
- Over 30 theoretical approaches
- Nine-time scales
- Automated trading with expert consultants
- Strategy tester
- MQL editor
- Price notice e-mails
101Investing: Deposits and Withdrawal Methods
This portion of 101Investing Review would demonstrate the deposit and withdrawal approaches that this broker has. 101Investing offers several deposit and withdrawal methods, all of which are free of broker commissions. Regulated methods include bank cable, credit and debit cards, and online e-wallet providers such as Skrill and Neteller eMerchantPay, SafeCharge, Worldpay, Solidpay, and Paydoo.
You will see which methods are usable in your area when you log in to the trading site. Even though 101Investing does not charge any fees for deposits or withdrawals, banks or payment processors can charge fees. They’re beyond the broker’s grasp.
Credit/debit card transfers are usually instantaneous, but bank wire transactions can take multiple days to clear. Within 24 hours, an e-wallet switch is usually easy. Withdrawals will take up to 5-7 business days, depending on the payment processor.
101Investing: Supported Countries
The countries supported by this broker will be highlighted in this part of the 101Investing Review. Any of 101Investing’s products could be ineligible in certain countries due to regulations and restrictions, including the United States. Traders from Belgium, Bulgaria, the Czech Republic, Denmark, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden, Iceland, Liechtenstein, Norway, Switzerland, and the United Kingdom are said to be members of 101investing.
101Investing: Broker Education
The educational opportunities available to traders will be discussed in this section of the 101Investing Review. 101investing offers a wide range of useful resources and approaches for all types of investors:
- E-books on investing fundamentals, advanced analysis, business overviews, and other topics.
- Economic calendar & earnings reports
- Policy lessons, CFDs and stocks, social trade, etc.
- Blogs, webinars, and free tutorials daily
101Investing: Customer service
The customer support provided by this broker will be disclosed in this segment of the 101Investing Review. 101Investing has a brilliant customer service department. From 7:00 a.m. to 5:00 p.m., the customer service team is available five days a week. Customers may contact customer service by phone, email, or live chat. Traders can also request a ticket via the website. Traders will also choose between communication management and customer support teams, based on demand. The average response time is between 2 and 5 minutes. The website’s FAQ section is comprehensive and answers many of the most often asked questions by traders.
101Investing: Pros and Cons
In this part of 101Investing Review, we will summarize all the pros and cons of this broker.
- Tablet, online, and PC trading sites
- A vast spectrum of educational services
- More than 250 instruments available
- No commission paid to clients
- Obedience to Legislation
- Only CFDs
- U.S. clients are not allowed
- Not the tightest spread
- No aspect of social exchange
Conclusion 101Investing Review
So that takes us to the conclusion of this 101Investing Review. Based on our research and review, we would conclude that 101Investing is a well-managed, dependable broker that offers a fantastic trading platform to both new and experienced investors. 101Investing also gives traders a wide variety of CFD instruments as well as the MetaTrader app, which is simple to use and access. It’s also available on a variety of platforms, including Android phones and tablets.
Traders can choose from a variety of account types and deposit/removal methods. A dedicated customer support team is also available to answer any questions the trader may have. Clients should also use 101Investing’s educational library to learn all there is to know about cryptocurrency trading. We advise any new trader to do their homework before investing. There are several resources and software available to help new brokers get ready to play in the cryptocurrency market. Remember to try it out in the DEMO to see how it works in your case!