Review 101Investing
AdGlare: D-FM AD 145×68 101 ENG https://www.101investing.com/ Headquarters in Cyprus Open Demo Account Open Live Account BEGIN item ContentsRegulationsAccount typesTrading PlatformsAssetsEducationSupportConclusion
Quick Look
The broker 101Investing is a fairly new addition to the field of online brokers, having been founded in 2016. It is a brand name for the parent company FXBFI Broker Financial Invest Ltd. and is fully licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC).
The broker offers commission-free trading on over 350 CFD assets from four tiers of accounts – Silver, Gold, Platinum, and Pro Exclusive. There is also a demo account available to test the broker and platform, as well as Islamic accounts which are swap-free in accordance with Sharia laws.
The broker offers the world class MetaTrader 4 platform for web and mobile and has a complete educational resource section that is composed of articles, guides, videos, and courses. There is also a handy economic calendar and earnings calendar for checking on upcoming events.
101investing Pros and Cons
Pros
Regulated by the Cyprus Securities and Exchange Commission.Commission-free trading.MetaTrader 4 is the mobile, and web platform.Good educational resources.
Cons
Swap rates are higher than average.Limited research reports and asset analysis.People outside the European Union not accepted as clients.
Broker Regulation
As mentioned above 101Investing in fully licensed and regulated by CySEC under license number 315/16. This regulation gives 101Investing the right to offer its services to members of the European Economic Area as defined by the MiFID II regulations. This alone makes 101Investing a reputable broker as it has oversight from a third-party regulator. We also found the broker to be very transparent in the information offered on its website, which is another good sign of trustworthiness.
In addition to its being regulated by CySEC, the broker is also a member of the Investor Compensation Fund, which will provide covered clients with up to 20,000 euros in the event that the broker becomes insolvent. Client funds are also protected by being in segregated accounts, which keeps them fully separate from the business funds.
Account types
There are four different account types at 101Investing, the four account types are Silver, Gold, Platinum, and Pro Exclusive. Each has certain benefits, but in general as you move up in tiers, you will find that there are smaller swap fees, smaller spreads, and additional perks for the gold and platinum levels, such as a dedicated account manager.
Silver Account
1:30 leverageNo swap rate2.2 pip spread on EUR/USD
Gold Account
1:30 leverage (up to 1:400 for Pro accounts)Swap discount 25%1.3 pip spread on EUR/USDDedicated account managerWebinars and Videos
Platinum Account
1:30 leverage (up to 1:400 for Pro accounts)0.7 pip spread on EUR/USDSwap Discount 50%Free VPS
Pro Exclusive Account
The Pro Exclusive account is dedicated to VIP clients and allows for higher leverage and a premium loyalty program. There are three criteria that must be met:
Relevant trading volume with at least 10 trades per quarter, over the previous four quarters.Portfolio worth more than €500,000.Experience in the financial sector.
In addition, all accounts can take advantage of Islamic rules that make them Sharia compliant by getting rid of overnight swaps.
Furthermore, there is a demo account available that can be used to test the broker platform and trading conditions.
Trading Platforms
Webtrader – 101Investing offers the MetaTrader 4 Web Trader as the primary means of trading. It is a popular platform, and convenient because it will run in most modern web browsers and only requires internet access. While it isn’t as powerful as the desktop version of MetaTrader 4, it benefits from not requiring any download. Traders will appreciate the one-click trading offered by Web Trader, as well as the more than 30 built-in indicators.
Mobile app – 101Investing also offers the MetaTrader 4 mobile app, which is available for both iOS and Android devices. This mobile app is designed to make trading user friendly. Take the power of MT4 along in your pocket and enjoy the same powerful features that are available in the Web Trader platform.
Available Assets
There are five asset classes available from 101Investing. These are:
ForexCommoditiesSharesIndicesCryptocurrencies
The inclusion of such a diversity of assets makes it easier to find trading opportunities no matter what the markets are doing. Included in the available assets are more than 45 currency pairs, CFDs on over 50 cryptocurrency pairs, CFDs on a number of commodities, energies, CFDs on major global stock indices, and CFDs on over 75 of the largest global equities.
Education and Research
101Investing is generous in its educational offerings. These include courses, tutorials, eBooks, and video on demand. It also includes a corporate earnings calendar and economic calendar for planning purposes. The educational materials are most suitable for beginning traders, but also include material that would be helpful for more experienced traders too.
Courses – There are several courses available covering such subjects as trading strategies, trading tools, and social trading.
Tutorials – The tutorials are specifically related to MetaTrader 4 and how to use it most effectively.
Ebooks – There is a large section of eBooks which include beginner and advanced technical analysis, trading psychology, capital management, and more.
Video on Demand – The VOD section is loaded with short, punchy videos that cover both beginning and advanced topics, and includes a MetaTrader 4 tutorial.
Economic/earnings report calendars – Access these calendars to plan your future trading strategy and decide where to focus your research.
Customer Service
Customer support at 101Investing is provided via email, telephone, online chat, and a web form. Support is offered Monday through Friday from 7:00 GMT to 20:00 GMT, and 8:00 GMT to 17:00 GMT on weekends.
We contacted the support center with some basic questions and the responses were professional and accurate.
Phone: +357 80092740
Webform: Contact Us Form or Contact Management Form
Email: support@101investing.com
In Conclusion
Overall the offerings and characteristics of 101Investing are for experienced and new traders. It is easy to open an account, customer support is satisfactory, the assets being offered cover most everything a trader would want, and of course the broker in regulated and has transparency.
During the demo test of the platform the order execution was speedy, and the platform worked perfectly. Beginners will especially get value from the educational materials, and overall, it seems beginners will have the best experience trading here.
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