101investing

GENERAL INFORMATION & REGULATION

101Investing is a CFD broker offering access to 250+ assets to trade through CFDs.101Investing is operated by FXBFI Broker Financial Invest Ltd with headquarters in Limassol, Cyprus. 101Investing claims that it is regulated by the Cyprus Securities and Exchange Commission (CySEC) with regulatory license of 315/16, but it has been verified that this license is a clone one.

MARKET INTRUMENTS

101investing offers a generous range of assets to trade with CFDs:

· Forex – Over 45 currency pairs available to trade on CFDs, including EUR/USD, AUD/USD, and EUR/JPY

· Cryptocurrencies – Trade over 20 popular cryptocurrencies CFDs, including Bitcoin and Ethereum

· Commodities – Over 15 hard and soft commodities are available to trade with CFDs, including gold, gas, and oil.

· Stocks – Trade 75+ well known global stocks on CFDs, such as Amex, Facebook, and Sony

· Indices – Trade CFDs on some of the worlds most well-known indices, including the FTSE 100 and DAX 40

ACCOUNT TYPES

There are four account types to choose from: Silver, Gold, Platinum, and Pro. The minimum deposit is $250 and leverage limits go up to 1:500 with the Gold and Platinum accounts (for professional clients only) and up to 1:30 for both retail and professional clients with the silver account.

The Gold and Platinum accounts offer swap discounts of 25% and 50% and come with a range of extra features, including access to webinars/videos, a dedicated account manager, and news alerts.

Professional traders will need to contact customer services for information on the Pro account.

You can open an account fairly quickly by filling out the online sign-up form. The form will ask for personal details, investment experience, and security documents, before requesting your initial deposit.

SPREADS & FEES

Spreads on forex pairs start from 0.7 pips for the EUR/USD, 0.9 pips for the EUR/GBP, and 1.3 for the GBP/USD. These are fairly competitive but not as low as other brokers.

For indices, spreads start from 1 point for the FTSE 100, and for commodities, such as crude oil, spreads are around 0.03. Spreads on silver and gold are 0.037 and 0.37 respectively.

Other fees include swap charges on overnight positions, as well as an inactivity fee levied on dormant accounts.

LEVERAGE

Leverage level varies depending on the account chosen, CFD asset class and the client categorisation – Retail or Professional.

For retail customers:

· Commodities – 1:20

· Indices – 1:20

· Cryptos – 1:2

· Forex – 1:30

· Stocks – 1:5

For professional clients, the maximum leverage offered is 1:500.

PAYMENT METHODS

Deposits

Payment options include:

Credit/debit card

Bank wire transfer

eMerchantPay, Skrill, SafeCharge, Worldpay, Solidpay, Paydoo and others

The minimum deposit accepted is $250 or any other currency equivalent.

Withdrawals

101Investing clients wishing to proceed with a withdrawal request need to inform the Customer Support Department via email support@101investing.com or by submitting the request form within Client Portal which is available 24/7 and provide the relevant information.

FXBFI Financial Broker Invest Ltd reserves the right to charge а withdrawal fee at an amount equal to 50 EUR if there is insignificant (only one single position placed on the trading account) or no trading activity in the Clients trading account prior to the submission of the withdrawal request.

Demo Account

101invesing offers a demo account so prospective users can test the MT4 platform and the broker‘s services. Loaded with virtual cash, users can trade in live markets, responding to price fluctuations in real-time. It’s also a good opportunity to test the brokers customer support and trade management tools.

TRADING PLATFORMS

MetaTrader 4

The MetaTrader 4 platform is a popular choice among traders. The platform provides a fast, seamless, and flexible trading experience, with a range of advanced features to suit different trading styles.

TRADING HOURS

CFDs Forex and cryptocurrency trading is available 24 hours a day. Opening hours for stocks CFDs are 16:30 – 23:00 GMT. For CFDs on gold and silver, trading hours are 01:00 – 24:00 GMT but for other CFD commodities, operating hours vary, so users will need to check the 101Investing website. Similarly, trading hours for indices vary with specific times listed on the brokers website.

CUSTOMER SUPPORT

101Investings customer support is available Monday to Friday from 09:00 – 23:00 GMT+2 and on weekends 11:00 – 20:00 GMT+2. There are several contact options available:

· Telephone – +357 80092740

· Email – support@101investing.com

· Online contact form – Contact Us page

· Live chat – Located on the right-hand side of the website