This review is about 101investing.com, a broker that is operating from Cyprus and regulated by the CySEC under ref number 315/16.
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101investing is owned and operated by FXBFI Broker Financial Invest Ltd.
It’s important that we get details of the broker’s background before we can initiate any dealings with them.
Basically, 101Investing is a CFDs broker offering a variety of financial instruments for trading.
In addition to this, 101 Investing is offering its traders the legendary MT4 trading platform.
This is in addition to Web-based trading and mobile app as well.
And the minimum deposit is just $100.
These are the kind of brokers that qualify for listing on our broker recommendations page.
It’s definitely not the case with dubious brokers like All World Markets, Esplanade-ms and Velocity Trades Markets.
Is 101investing Legit?
This broker wants to make your dream in trading turn into a reality.
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They provide a serene environment in addition to promising that they’ll maintain dedication, reliability and consistency.
With hundreds of assets to trade and ground-breaking technology to rely on, 101 Investing believes that they’re one of the top brokers operating from Cyprus.
In terms of security, the broker has stated that 101Investing website is secured by SSL software and firewall.
Their data servers are SAS certified. To start trading with this broker, you have to fill a short form highlighting your experience and skill in trading.
Once your account is verified, you can start trading right away provided your account us funded.
Assistance is delivered via phone (+357 80092740), email and chat respectively.
For those who are not experienced, 101investing is offering basic trading education in various formats.
These include eBooks, tutorial courses and VOD.
In addition to this, 101Investing supports a variety of deposit and withdrawal methods.
These include Visa, MasterCard, Maestro, WireCard, Neteller, Skrill and so on.
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Should you trade with 101Investing broker?
Given that they’re regulated and they offer features that make their service seem impressive, I see no harm in opening an account here.
Also, I see lots of positive reviews coming up from bloggers and traders alike who think this service has some great potential.
Spreads vary and leverage is up to 1:30. However, information about whether traders can scalp or hedge is unclear.
It should also be noted that 101Investing has some fees which it charges in case of account inactivity.
60 days of inactivity attracts a fee of 80 Euros and 91 days of not trading attracts a fee of 160 Euros.
You need not to be disappointed because the fee is meant to ensure that traders are committed to realizing their dream on the platform.
101Investing is a professional broker and you’ll even find out that their trading conditions suits your needs very well.
They have all it takes to make you successful provided you have the strategy and you can manage your risk properly.
Thanks for reading this 101investing review.
One Response to
Don’t go anywhere near them, scam and only after your money.
Any balance left in your account that is not used for a period of time will be stolen under “inactivity fees”