101Investing Forex Broker Review

Find out why we recommend BDSwiss over 101Investing.

Introduction

The brand new CFD broker 101Investing offers access to more than 250 CFDs on its platform, including forex, cryptocurrencies, commodities, stocks and indices. The company behind the platform is a subsidiary of FXBFI Broker Financial Invest Ltd, a Cyprus based company. Both firms are regulated by the Cyprus Financial Supervisory Authority (CySEC).

Offering of Financial Investments

101Investing’s leverage is up to 1:30 (for private customers). The broker’s minimum deposit is as low as 100 US dollars. 101Investing’s website is available in English, German, Portuguese, Spanish and Italian languages.

101Investing trading platforms

Webtrader

For CFD trading 101Investing offers trading through the well known MT4 WebTrader. MT4 can be downloaded to any computer, supports a variety of languages, and is accessible via any web browser or mobile application. However, the platform’s design is outdated.

MetaTrader 4

MetaTrader 4 needs to be downloaded and installed on PC or laptop. MT4 is the most popular platform on the market, offers over 50 editable market indicators as well as trading robots.

Mobile app

101Investing’s mobile app is available for iOS and Android devices and gives full access to the same features as the web platform and MT4.

Account types at 101Investing

101Investing offers three different account types: Silver, Gold, Platinum. The broker also offers an exclusive, Pro account. The leverage depends on the account type. The fees and the spreads are also different, depending on the account. Swap fees are 25% lower for gold account holders and 50% lower for platinum account holders.

Silver account

Amount of FX leverage (for professional clients only) is 1:200
no swap rebate
Islamic

Gold account

Amount of FX leverage (for professional clients only) is 1:400
Swap discount 25%
Islamic
Own account manager
Webinars and Videos

Platinum account

Amount of FX leverage (for professional clients only) is 1:400
Own account manager
Islamic
Swap Discount 50
Free VPS
Webinars and videos

Pro account

The Pro account is available exclusively to VIP clients and offers higher leverage, access to more than 350 CFDs, as well as a premium loyalty program. To get access to this particular account, your “relevant” trading volume must be at least 10 trades per quarter; you need to own a portfolio worth more than EUR 500,000; expertise in the financial sector is a must.

Available CFDs on cryptocurrencies

101Investing offers 20 different cryptocurrencies. They can be bought either against the US Dollar (USD), Euro (EUR) or the British Pound (GBP). 101Investing only offers CFDs on cryptocurrencies and not “real” Bitcoin.

Available cryptocurrencies can be seen below:

BAB vs USD
BSV vs. USD
BTC vs. EUR, GBP, USD
BTG vs. USD
DASH vs. EUR, GBP, USD
ETC vs. EUR, GBP, USD
ETH vs. EUR, GBP, USD
IOTA vs. USD
LSK vs. USD
LTC vs. EUR, GBP, USD
NEO vs. USD
QTM vs. USD
SIC vs. USD
USDT
XEM vs. USD
XLM vs. USD
XMR vs. USD
XRP vs. EUR, GBP, USD
XVG vs. USD
ZEC vs. USD

Fees

At 101Investing, the client is not charged any deposit fees, nor is a commission charged. The broker however charges a spread. Inactive accounts have to pay an inactivity fee. This is charged in connection with maintenance, administration and compliance management, details of which can be seen on the broker’s official website.

Keep in mind that 101Investing charges a rollover fee.

101 Investing payment methods

101 Investing’s payment methods include a bank transfer, credit and debit cards (Visa/MasterCard), as well as Skrill, Neteller, and Trustly.

FAQs

Who is 101investing?

101Investing is a new CFD broker, offering forex trading, as well as many other services, and regulated by the Cyprus Securities and Exchange Commission (CySEC).

Is 101investing safe?

101investing is regulated by CySEC, therefore legit to trade with. Under the terms of the CySEC, the broker is also a member of the Investor Compensation Fund (ICF) for clients of Cypriot Investment Firms (CIFs).

ICF’s main goal is to compensate the covered clients for any claims arising from a member of the ICF failing to meet its obligations to its clients.

The company behind the trading platform, FXBFI Broker Financial Invest Ltd, is authorised and regulatedby the Cyprus Securities and Exchange Commission under licence number 315/16.

The broker can provide cross-border services to other members of the European Economic Area.

Do 101investing have Islamic account?

Yes, the broker offers Islamic swap-free accounts. The Islamic trading account was created for the traders whose moral imperative is Shariah law.