At 101Investing, you can choose from three retail accounts or opt for a Professional account if you have sufficient experience, trading volume, or capital. The choice of retail accounts includes something for most traders, although there are no ECN accounts, so those searching for zero spreads will have to look elsewhere. Our 101Investing review team was happy to find that this forex broker is licensed by the top-tier authority, CySEC. Combined with a great reputation and a transparent history, this makes 101Investing trustworthy and honest. What’s more, you’ll also benefit from segregated accounts, negative balance protection, and Investor Compensation Fund membership.
- Yes, our review of 101Investing found that the broker offers many features synonymous with a good trading experience.
- New research material and educational courses are uploaded to this site to keep clients informed and ahead of the financial market.
- This professional account lets you experience the realm of financial transactions beyond retail accounts.
- You will notice companies from around the world, including 3M, Alibaba, Baidu, Chevron, Ferrari, Hasbro, Nike, Tesla, and Yandex.
- Withdrawals are processed on the same business day when possible, but those submitted after 9 PM are processed on the following day.
Features & Functionality
If you have only placed one position (or none) before your withdrawal request, however, the company reserves the right to charge you a withdrawal fee of 50 EUR. In this review, you can find all the information you need to decide whether is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system.
Fees, Commission, and Spreads:
This includes sturdy adherence to CySEC regulation, a world-leading trading platform, a diverse instrument collection, and competitive fees. In addition, 101Investing is well regarded within the industry, having gained several awards since launching in 2016. The MT4 platform provides plenty of advanced trading features to help you get started, and various educational and learning resources are offered to help you advance your skills. When it comes to special offers, however, 101Investing falls a little behind the curve, and it doesn’t appear to have any welcome or sign-up bonuses. As of writing this 101Investing cryptocurrency review, 101Investing does not currently offer any social trading features. However, as access is provided to the MT4 trading platform, you can use this to get the MetaTrader trading signals, which provide a similar experience.
Mobile Application:
Throughout this review, our experts found that 101Investing was well suited to different types of traders. If you want to enhance your CFD trading skills, you’ll appreciate the range of educational materials. 101Investing also stands out from the crowd thanks to its choice of three account types, zero commissions, spreads from 0.03 pips, and range of trading tools. As with most other platforms around, 101Investing gives users access to MetaTrader 4 (MT4).
You can trade CFDs on gold, silver, platinum, palladium, with the broker. The mobile platform also features 24/5 support and live chat right through the application. The MT4 platform also 101investing review integrates free financial news and the ability to incorporate the various MQL5 and MQL4 features. The minimum deposit at 101Investing is just $250 or the relevant currency equivalent. This is a relatively accessible deposit that should make it possible for most traders to open an account with ease. As you review 101Investing, keep in mind that the inactivity fees can get hefty.
Types of Account
The broker’s deposit and withdrawal processes are both smooth. As a result, investors can make a financial transaction at any time of day. This year, 101investing introduced a new account tier called bronze account.
This broker offers access to some of the major trading instruments. One major form of trading is through a contract of difference that offers commodities, forex, indices, stocks, and crypto trading. They also offer Metatrader 4, which is very useful for new and experienced traders.
- Some customers reported pressure to deposit more funds during drawdowns.
- Our 101Investing broker review team can reassure mobile users that the broker is highly mobile-friendly.
- It is easy to trade on the go with MetaTrader 4 mobile, which is available for Android and Apple devices.
- Although it doesn’t offer anything that deviates from the familiar trappings of the bigger platforms out there, what it does offer to users, it does very well.
- The Pro Exclusive account comes with many features including MetaTrader 4 support, increased leverage, reduced execution times, and a loyalty program.
What leverage options are available?
This is one of the main reasons why 101Investing has scored so highly in this 101Investing CFD review. When using the WebTrader, traders get access to various features including analysis tools, charting tools, all from their modern web browser. Using the MT4 downloadable application, traders have access to one of the most reputable trading platforms. The platform has been around for over ten years during which time it has earned a reputation for being reliable, secure, and comprehensive.
This includes the downloadable MT4 trading platforms for Mac or PC, the browser-based WebTrader platform, and the MT4 apps for iOS and Android. I have recently registered with them just to see what is there. After I put my phone number, email address in and so on, I started receiving spam calls, like ten a day. I looked the numbers up and they were reported as spam calls from various telemarketers and similar companies. Looking at the reviews here, I am so happy that I didn’t go any further and didn’t invest in anything. When it comes to actually using the platform, the 101investing platform just about manages to hold its ground.
When choosing a broker, understanding their regulatory standing and safety protocols is non-negotiable. Recent developments raise critical questions about this platform’s compliance and client funds protection. Modern trading demands robust tools, competitive spreads, and flexible account options.
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