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Year 2020 has been a very tough year for the investors, a lot of things happened due to Covid-19 outbreak and the pandemic even in the financial markets. As of now financial markets are growing strongly after a hard phase. Brokers tried to raise the market by investing more and more in this pandemic which was a challenging situation to the market as well as the brokers. The brokers concentrate more on satisfying the client and their needs.
Many people are willing to invest in the financial market but they drop the plan of investing with the thought of losing money and this platform is not for them but it really saves time. 101investing provides a top service called financial supply. It is the topmost online trading market in the world which provides multiple tools and different kinds of platforms to operate in the stock exchanges.
Table of contents
- What is 101Investing?
- 101investing Broker Essential Features:
- How to open an account with 101investing?
|Trading Platform||MetaTrader 4, Web, Mobile|
|Instruments||Forex, Cryptocurrencies, Stocks|
|Trading Type||NDD (No Dealing Desk)|
|Funding||Wire transfer, Netellar, Skrill, SafeCharge,Debit/Credit cards|
|Compatible with||Windows, Mac, Android, Ios|
|Accept US Clients||No|
What is 101Investing?
101investing is the Contract for Difference broker founded in 2020 and headquartered in Cyprus. It allows more than 250 CFDs on its platform by making an offer. It includes foreign exchange, cryptocurrencies as a medium of trade. 101investing offers its clients the eminent specifications such as responsive customer service, demo account, high leverage. Meta4 is the trading platform used for mobile, web, PC as clients can access it globally.
101investing is operated by FXBFI Broker financial Limited. The headquarters is situated at Limassol, Cyprus. It comes under the regulation of Cyprus Securities and Exchange Limited. It offers a wide range of assets to trade CFDs such as foreign exchange, cryptocurrencies. It uses Meta 4 platform for trading. The Minimum amount the trader can deposit is $250 USD.
101investing Broker Essential Features:
- User friendly interface
- Full trade history
- Oneclick trading
- Email alerts regarding price
- Expert advices
- Automated trading
- 9 times framing option (from one min to one month)
How to open an account with 101investing?
Opening an account in 101investing is easy and quick. Traders can visit the website 101investing.com and they need to complete the registration as well as the verification process. Traders need to provide accurate information while signing up such as email, name, contact details. Once the registration is complete the trader can choose the type of account which suits them on their minimum deposits.
Trading Accounts and Fees:
101investment offers three main accounts namely, Silver Account, Gold Account, Platinum Account, Professional Account, Demo Account, Islamic Account. Each account has unique features such as leverage and trading experience.
- Minimum Deposit: $250
- Spreads: From 0.07
- Max Leverage: 1:30
- 250+ trading assets
- Spreads: From 0.05
- Max Leverage: 1:30
- Commission: None
- 350+ trading assets
- 25% swap discount
- Spreads: From 0.03
- Max Leverage: 1:400
- Commission: None
- 250+ trading assets
- 50% swap discount
The professional account can be accessed by those, who qualify as professional clients. Professional account has some benefits such as increased leverage on certain instruments upto 1:400. A client’s account can be qualified as the professional account if he tries to meet the required guidelines such as He must have a great portfolio of higher than $500k, he must have worked in professional positions which are related to speculation, derivatives and trading.
Islamic accounts are those which respects the sharia law that are available to muslim traders, which show that various languages, backgrounds, countries and cultures are supported by the broker.
It is that kind of account which enables the traders to practice their strategies by using digital funds. It is a good way of understanding the market as well as trading. Brokers fees can vary for this type of account.
Trading Fees :
Like many brokers 101investing also charges fees for brokerage. The only thing traders need to follow or must be aware about is the inactivity fees which are charged by the broker for not using the account for two or more months.
For inactivity of accounts there are particular fees charged by the broker and they are:
- If the trader accounts inactivity exceeded for the particular time period of 61 days, the inactivity fee charged by the broker is 80 pounds and can be viceversa for all the inactive periods ( after 61 days of inactivity, clients account inactivity fee changed by the broker will be 160 pounds).
- If the traders account is inactive for a period of over 91 days, the fee charged by the broker is 120 pounds per month.
- If the traders account is inactive for a period of over 181 days, the fee charged by the broker is 200 pounds per month.
- If the traders account is inactive for a period of over 271 days, the fee charged by the broker is 500 pounds per month.
Deposits and Withdrawals:
The traders can use different forms of deposits such as Bank wire transfer, debit cards and credit cards, eMerchantPay, SafeCharge, SolidPay. For withdrawals there are no fees , but some bank charges may apply.
Referral Schemes / Bonus offers:
Regrettably, 101investing doesn’t offer any bonuses. It is fully dependent on the trader if he continues to be in the market. 101investing offers a liberal affiliate scheme for the yield higher than $800 per referral.
101Investing Pros and Cons
- User friendly platform
- Educational contents
- No commission charged to clients
- Regulated firm
- Mobile, PC and web trading platforms
- US clients are not accepted
- Non availability of social trading feature
- Non availability of daily market analysis
101investing is the regulated trade broker with providing the best online trade services. It uses the MetaTrader 4, a user-friendly platform which is compatible with multiple devices. 101investing offers various accounts as well as funding methods for the traders. Broker has a support team to help the traders with their needs and clarification and the website consists of educational materials which enhances the knowledge of traders.