|Broker name:||101Investing is operated by FXBFI Broker Financial Invest Ltd|
|Address:||79, Spyrou Kyprianou Ave., MGO Protopapas Building, 1st floor, 3076, Limassol, Cyprus|
|Phone: ||+357 80092740|
|Languages:||EN, ES, PT, IT, DE, NL, SV|
|Availability:||Phone, Chat, Email|
|Trading platform:||MT4, MT4 Webtrader|
|Other Trading instruments:||CFDs on: Forex, Commodities, Stocks, Indices, Cryptocurrencies and Metals|
|Account minimum deposit:||250 USD or the relevant currency equivalent|
|Maximum Leverage:||Depends on the Client Categorization and CFDs Assets Classes|
101INVESTING.COM – Modern, Quick and Well Established
101Investing: Brief Introduction
2020 has been a rough year. A lot has happened in the world; Meanwhile trading market is going strong, even though it has faced hard times. In this challenging period, brokers try to rise in this industry and offer their products to its traders. Most of the more modern brokers you come across are branches of already established and successful financial brokerages.
101Investing is operated by FXBFI Broker Financial Invest Ltd gives access to the world market to different types of traders. The broker’s main goal is to make sure that clients are satisfied at all times.
101Investing is directed to different types of traders, who are searching for ways to shape their trading career. The 101Investment motto is: Make your trading dream a reality! 101Investing is there to help you out! The broker commits to providing quality education to all traders. As a result, the acquired knowledge allows them to enhance their skills in a transparent environment.
In our review, we will give all the details from our research and all of the information you need to know, in case you make the decision to start trading with 101Investing. At the end of our review, you can see what we really think about the broker, but until then – we will discuss the facts and technical details.
101Investing: General information.
As we’ve mentioned before, 101Investing is operated by FXBFI Broker Financial Invest, LTD. The headquarters can be found at 79, Spyrou Kyprianou Ave., MGO Protopapas Building, 1st Floor, 3076, Limassol, Cyprus. The company is regulated with license number 315/16. The company’s registration number is 351508.
101Investing is operated by FXBFI Broker Financial Invest, a well-established company. Despite the fact is a new company, acquired a large and dedicated user base. The traders acknowledge the professionalism of the broker.
101Investing Broker Review: Account types
101Investing offers three main account types you can choose from silver, gold, and platinum. All of these accounts have their own unique advantage. The most significant and most remarkable advantages are varied in minimum deposits, fees, and services. Make sure to check them out the next time you’re surfing on 101Investing’s website.
As an example, imagine you use a platinum account, and you pay 0.7 pips on a significant spread. Platinum accounts can have their main currency as either USD, EUR, or GBP. In fact, if you had gold, you would pay 1.3, and as a silver account holder – 2.2. Isn’t that great? Also, silver and gold accounts only deal in USD. Swap fees are lower by 25% for gold and 50% for platinum users.
In case you are interested in more details, you can find more information about their accounts on their website at 101investing.com.
Trading with 101Investing – All the futures the broker offers
Let’s say you want to start trading with this broker, but you want to know more. What 101Investing offers? Well, we can say that you will be happy with the variety of products and services available that the broker provides. First of all, the moment you start your account you will gain access to a variety of assets with 101Investing. Also, remember that the broker offers CFDs Contracts For Difference on Forex, Stocks, Indices, Commodities, Metals, and Cryptocurrencies.
101Investing follows all the existing trading market standards. In fact, the broker offers traders access to a popular trading platform. MetaTrader 4. The platform is user-friendly and useful for executing trades and enhance your trading experience The MetaTrader 4 is a powerful technological trading engine used by many traders around the world. It was created with the operational quality in mind to provide transparent, functional, and quick access to global markets.
101Investing review: What about fees?
A lot of brokers on the market have fees, and 101Investing is not an exception. Well, we think that the main price we should talk about in this review is their inactivity fee. The reason is that we think you need to know it in the case that you are not keen on trading frequently and disciplining yourself to be consistent in it, in which case you’ll have to pay.
If you are inactive for a prolonged period, the broker will have to impose the following fees; these are the rules.
In case your account is not active (open and/or close any trade) for а consecutive period of 60 days shall bе classified as an inactive Account. Inactive Accounts will bе charged an inactivity fee as follows:
- For more than days, the Inactivity Fee is €80, retroactive for all the dormant periods (i.e. after 61 days of inactivity, the Client’s account Inactivity Fee will be €160).
- Over 91 days the Inactivity Fee is €120 per month.
- For more than 181 days the Inactivity Fee is €200 per month.
- Over 271 days the Inactivity Fee is €500 per month.
Remember that this fee, even though it’s not that common, is just to make sure that traders and 101Investing clients commit to trading. In fact, it is quite common for many traders to register on a variety of platforms without any activity therefore 101Investing makes sure that the people that register with them will continue to be active.
The company also maintains merchant accounts with the following Payment Service Providers, so you won’t need to worry about this type of technicality:
INPAY, eMerchantPay, Trustly, KoalaPays (UPayCard), Safecharge
What do we really think about this broker?
Well, what we also would like to say is that if you are still hesitant about the broker you can have a closer look at their website. Consider whatever 101Investing is a suitable broker for you. It provides the necessary tools to make your trading dream become a reality. What did we find out in this review? Furthermore, the broker has three different account types – that can satisfy different types of traders. Each account type can determine your trading conditions and the services available to you. The broker also has inactivity fees;
Of course, before you decide if 101Investing is a suitable broker for you, consider if you have the necessary time, experience, and knowledge to start trading with high risky financial instruments. Will you commit to trading? Do you want to pass your free time figuring out all the trading patterns and analyzing the market? If yes, then, in our opinion, this broker is worth considering for your long-term commitment! However, as we’ve said before, make sure you are an active trader otherwise high fees will impose on your trading account. Good luck with your trading!
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.