Categories
Forex brokers

The best forex broker

Forex brokers

Go to the Brokers List for alternatives

101investing.com is a CFD dealer offering access to various economic markets.

Trading CFD foreign exchange pairs with tight spreads.

Trade on +20 cryptocurrency pairs CFDs with 1:2 leverage.

101investing.com is a CySEC-regulated broking imparting over 250 CFDs on the MT4 trading platform. This evaluate unpacks the login procedure, account options, charges, and extra. Find out whether to sign up with 101investing and begin buying and selling.

Forex brokers

101investing Company Details

101Investing is a CFD dealer offering get admission to to 250+ property to change thru CFDs.

101Investing does no longer price fee and deposit expenses to customers, however different prices are relevant.

With a number of academic assets to be had, the choices broking caters to both retail and expert customers.

Trading Platforms

The MetaTrader 4 (MT4) platform is a famous choice amongst investors. The platform gives a fast, seamless, and flexible buying and selling revel in, with a number advanced features to fit exclusive buying and selling styles. Users have get entry to to one-of-a-kind functions along with:

The MT4 platform can be downloaded from the 101investing internet site and is compatible with Windows and Mac devices. Users will want to sign in for an account to log in and get right of entry to the choices platform.

The MT4 WebTrader offers clients access to over 250 property without the choices need for any software download.

From a web browser, investors enjoy 30 signs, 24 analytical objects, 4 market order execution modes, and extra. WebTrader may be accessed thru a demo account as well.

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

Spreads & Fees

Spreads on forex pairs begin from 0.7 pips for the EUR/USD, zero.nine pips for the EUR/GBP, and 1.three for the GBP/USD. These are pretty aggressive however not as little as different agents.

For indices, spreads begin from 1 factor for the FTSE 100, and for commodities, which includes crude oil, spreads are round 0.03. Spreads on silver and gold are zero.037 and zero.37 respectively.

Other charges encompass switch charges on overnight positions, as well as an inactiveness charge levied on dormant accounts.

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

For expert clients, the choices most leverage presented is 1:500.

Mobile Apps

With the choices MT4 cell app, users can alternate on 250 assets with over 30 analytical gear.

Client will have get entry to to the entire bundle of order kinds and execution modes, charting tools, trading records, 9 time frames, and in-app chat support. The MT4 cell app is well suited with iOS and Android structures.

Payment Methods

The minimal deposit frequent is $250 or any other currency equal.

101Investing customers wishing to continue with a withdrawal request need to tell the Customer Support Department via electronic mail [email protected] or via submitting the request form inside Client Portal that’s to be had 24/7 and provide the applicable statistics.

Demo Account

101invesing gives a demo account so potential customers can check the MT4 platform and the dealer’s services. Loaded with virtual coins, customers can change in stay markets, responding to charge fluctuations in actual-time. It’s also a very good possibility to test the choices broking’s customer service and exchange control gear.

Deals & Bonuses

As per applicable restrictions, 101investing does no longer provide any deposit bonus offers or promotions to draw or retain capability or current customers.

101investing Regulation

101Investing is operated via FXBFI Broker Financial Invest Limited. The business enterprise is regulated via the choices Cyprus Securities and Exchange Commission (CySEC) with license quantity 315/16.

Most importantly, the agency ensure customer’s price range are segregated from corporate working accounts and are deposited in excellent and global banking establishments.

The broker is likewise a member of the Investor Compensation Fund (ICF). The major essence of the choices ICF is to compensate blanketed customers for ability claims springing up from the choices failure of a member of the ICF to fulfil its duties in the direction of its customers.

Additional Features

101investing gives a number of useful assets and tools for specific varieties of buyers:

Account Types

There are four account sorts to pick out from: Silver, Gold, Platinum, and Pro. The minimal deposit is $250 and leverage limits move up to 1:500 with the choices Gold and Platinum accounts (for expert customers most effective) and up to one:30 for each retail and expert customers with the choices Silver account.

The Gold and Platinum bills provide change discounts of 25% and 50% and come with a range of greater capabilities, which include get right of entry to to webinars/motion pictures, a devoted account manager, and news signals.

Professional buyers will want to touch consumer services for records on the choices Pro account.

You can open an account pretty speedy via filling out the online sign-up form. The form will ask for personal info, funding revel in, and protection documents, earlier than requesting your initial deposit.

Advantages available of 101investing consist of:

Disadvantages of creating a 101investing account encompass:

Trading Hours

CFDs Forex and cryptocurrency buying and selling is available 24 hours a day. Opening hours for shares CFDs are 16:30 – 23:00 GMT. For CFDs on gold and silver, trading hours are 01:00 – 24:00 GMT however for other CFD commodities, operating hours vary, so users will want to test the 101Investing website. Similarly, trading hours for indices vary with precise instances listed on the broking’s internet site.

Customer Support

101Investing’s customer support is to be had Monday to Friday from 09:00 – 23:00 GMT+2 and on weekends 11:00 – 20:00 GMT+2. There are several touch options to be had:

Customer reviews do factor out that stay chat wait instances are longer than at different vendors.

The broker’s registered cope with is at seventy nine, Spyrou Kyprianou Ave., MGO Protopapas Building, 1st Floor, 3076, Limassol, Cyprus.

101Investing makes effort to offer the viable industry-widespread facts safety and protection, together with strict firewalls and Secure Sockets Layer (SSL) encryption on the MetaTrader platform. Servers are located in SAS 70 certified facts centres and all financial transactions are beneath Level 1 PCI compliance.

101investing Verdict

Theregulated dealer can be an amazing choice for exceptional sorts of buyers, with a full-size variety of educational gear and assets on provide. The dealer offers pretty low spreads and no-fee buying and selling, in addition to a demo account upon login. The one place that might do with improvement is the choices customer service on live chat, which handiest appear to offer assist after you’ve got registered for an account.

Accepted Countries

101investing only accepts investors from Bulgaria, Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Latvia, Lithuania, Luxembourg, Hungary, Malta, Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden, Iceland, Liechtenstein, Norway, Switzerland, United Kingdom, Cyprus.

Alternatives to 101investing

If you’re searching out picks to 101investing we have compiled a listing of the top 5 brokers which can be much like 101investing below. This listing of agents like 101investing is in order of similarity and handiest consists of businesses that accept traders out of your place.

FXBFI Broker Financial Invest Limited (101investing) is regulated by the choices Cyprus Securities and Exchange Commission (CySEC) with license variety 315/16. The broker is a valid entity.

There are four account types to be had for retail and expert customers: Silver, Gold, Platinum, and Pro. The maximum leverage for retail clients is 1:30. The most leverage for professional customers is 1:500. Higher account stages benefit from switch discounts, account managers, and further buying and selling gear.

You can sign in for a demo account on the broking’s website. Login details will then be shared via your account manager.

The minimum initial deposit required for all debts is $250.

101investing gives the choices MetaTrader 4 platform in cellular, net, and laptop variations.

101investing vs Other Brokers

Risk Warning: Trading CFDs on leverage involves significant danger of loss for your capital.