101investing Review
In this 101investing review, our experts take an in-depth look at what the broker offers. By the end of it, you’ll be able to decide whether or not the broker is for you, and which account type you should open.
101investing is an award-winning forex broker that offers services to traders within the EU, the EEA, and Switzerland. Licensed by CySEC, 101investing allows you to trade over 250 different financial instruments through CFDs. This includes CFDs on forex, stocks, commodities, metals, cryptocurrencies, and indices. The broker also boasts fees that are in line with the industry average and provides a range of analytical tools and educational materials.
Continue reading this review to learn about 101investing’s trading conditions.
Our Rating of 101investing Forex
- 1:30 (1:500 for Professional accounts)
- Spread: 0.3 pips
- Forex Licence: CySEC
Our Overall Rating:
92/100
• Best Forex Broker •
Welcome Bonus 100%*
Keep your funds secure with risk management tools
101investing is a new, yet well regarded, forex broker that has been operating since 2020. Based in Cyprus the broker owned by FXBFI Broker Financial Invest Ltd. It caters to clients in the EU, EEA, and Switzerland under a license from the Cyprus Securities and Exchange Commission (CySEC).
One of 101Investing’s top priorities is the security of clients’ funds. To do this, they employ various policies and mechanisms including negative balance protection and segregated accounts. 101investing is also a member of the Investor Compensation Fund (ICF), which protects covered clients should the broker fail to fulfill its duties to you.
Choose from 3 different accounts
At 101investing, you can choose from three different live account types; Silver, Gold, or Platinum. Our 101investing broker reviewers have created the following summaries so that you can easily identify which suits your needs best.
Silver account:
- Minimum deposit: 250 USD or currency equivalent
- Minimum spread: 0.07 pips
- Number of trading instruments: 250+
- Minimum order size: N/A
- No Commission
- Hedging allowed
- Can be converted to an Islamic account
Gold account:
- Minimum deposit: 250 USD or currency equivalent
- Minimum spread USDEUR: 0.05 pips
- Number of trading instruments: 250+
- Minimum order size: N/A
- No Commission
- Hedging allowed
- Can be converted to an Islamic account
Platinum account:
- Minimum deposit: 250 USD or currency equivalent
- Minimum spread: 0.03 pips
- Number of trading instruments: 250+
- Minimum order size: N/A
- No Commission
- Hedging allowed
- Can be converted to an Islamic account
You can also open a Pro Exclusive account, provided you have at least one year’s financial experience, a portfolio worth exceeding 500,000 EUR, and a large monthly trading volume. Although this is not an ECN trading platform, 101investing’s Pro Exclusive account boasts quite impressive features, such as ultra-fast execution speeds, low latency, leverage up to 1:500, and margin decreased by up to 70%.
Deposit and withdrawal methods
During our 101Investing review, we found that you can choose from a wide range of convenient and quick deposit and withdrawal methods. These include bank wire transfer, credit and debit cards, Worldpay, Solidpay, Paydoo, Skrill, and eMerchantPay.
All deposits at 101Investing are completely free of charge and most withdrawals are too. The only exception to this is if you request a withdrawal before placing more than one trade. In this case, the broker reserves the right to charge you a 50 EUR fee, which they will inform you about before you confirm the transaction.
Discover 101investing’s trading platforms
101Investing offers a wide range of CFDs in various asset classes. The trading of these assets is always facilitated by MetaTrader 4, a world-class trading platform that is perfect for both beginner and experienced traders.
To create a comprehensive review of 101investing, we tested the MetaTrader 4 platform on several devices. You can choose from MetaTrader 4 software for Mac or PC, the browser-based WebTrader platform, or the MT4 mobile applications which are available for iOS and Android.
Each version of MT4 available at 101investing offers a wide range of technical tools. This includes 4 pending order types, 24 analytical objects, and an extensive array of indicators. The platforms are all customizable too and support the use of automated trading robots and expert advisors.
Are there bonuses at 101Investing?
101investing does not offer any trading bonuses to clients as this is prohibited by regulations. Our review team was pleased to find that the broker takes this responsibility seriously, and instead chooses to focus on offer fair terms and conditions to everyone.
Contact 101investing by phone, email, or live chat
If you run into a problem at 101investing, or simply have a query, help is always at hand. The broker offers three main contact methods which are all available from Monday to Friday, from 09:00 to 23:00 GMT+3, and on weekends from 11:00 to 20:00 GMT+3.
- Live chat
- Phone call: +357 80092740
- Email support: [email protected]
101investing’s customer support services are offered in 7 different languages, and all methods can be used via your smartphone. The agents are friendly, prompt, and well informed.
Our final 101investing review rating
As you can see from the review above, 101investing promises a pretty impressive set of trading conditions. There’s a wide range of choice in all departments, be it account types, instruments, or trading platforms, and the fees are competitive.
Thanks to the fact that 101investing adheres to strict regulations and offers great customer support, our experts are happy to recommend it to you. Registering with 101investing is also quick and straightforward, so why not sign up now to explore the broker for yourself?
Company | 101Investing (operated by FXBFI Broker Financial Invest LTD) |
Website | https://www.101investing.com/ |
Headquarters | 79, Spyrou Kyprianou Ave., MGO Protopapas Building, 1st Floor, 3076, Limassol, Cyprus |
Established | 2020 |
Languages | 7 |
Deposit Methods | Wire transfer, credit and debit cards, Skrill, eMerchantPay, Paydoo, Worldpay, Solidpay |
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.
Frequently Asked Questions (FAQs)
Yes, 101Investing is a trustworthy and well-established broker. It boasts a license from CySEC, one of the most reputable regulators in the industry, and employs multiple fund security measures, including negative balance protection and a strict segregated accounts policy. Additionally, 101investing is a member of the Investor Compensation Fund.
You can open a premium Pro Exclusive account at 101investing if you have over a year’s experience in the financial sector and a portfolio worth over 500,000 USD. You’ll also need to execute at least 10 sizeable trades per quarter. The Pro Exclusive account comes with many features including MetaTrader 4 support, increased leverage, reduced execution times, and a loyalty program.
No, 101Investing is not a scam. It is a CySEC-regulated STP forex broker that offers fair and competitive trading conditions such as low fees and quick execution speeds. It has also won multiple industry awards and has positive user reviews.
To open a live trading account with 101Investing, you simply need to provide the broker with some personal information, such as your name, address, age, and email. You’ll also need to complete a quick questionnaire about your trading knowledge and income. Finally, you’ll need to supply proof of identity and residence, and then you can fund your account. Our 101Investing reviewers found that the whole process takes around 10-15 minutes.
Yes, at 101Investing you can trade over 30 cryptocurrency CFDs, including Bitcoin, Ethereum, Ripple, and Litecoin. Additionally, the broker offers over 30 different analytical tools to help you fine-tune your open positions.