You can trade CFDs with leverage, increase trading power with less capital. Whilst leverage can magnify your profits it can also magnify any losses, so you should only use it if you can afford any potential losses. At 101Investing, our reviewers were impressed to find a wide range of depositing methods. You can fund your account via bank wire transfer, credit and debit card, Skrill, Worldpay, Solidpay, and eMerchantPay.
Benefit from competitive spreads and swap discounts
MetaTrader 4 features four execution modes for market orders, including Exchange, Market, Request, and Instant, each available in a single click. You also get customized trading and execution and access to your trading history. For analysis, you can use 24 objects, including arrows, shapes, Fibonacci, and Gann tools. You’ll also be able to use nine time frames and indicators, and there’s plenty of third party trading signals to add to the platform too.
What is 101investing?
- Yes, 101Investing is operated by FXBFI Broker Financial Invest Ltd, which has a license from the Cyprus Securities and Exchange Commission (CySEC).
- Users can download dozens of technical analysis tools free of cost from the codebase.
- Only Gold, Platinum, and Professional accounts have access to the webinars and videos.
- Once u deposit in your money, dont u ever think u can get it out again, whatever documents you provided them, they still keeping saying documents not approved.
When it comes to safety, 101Investing constantly puts great effort to maintain a safe and transparent trading environment. Our reviewers will show this works to protect your funds at all times. 101Investing also offers the MetaTrader 4 platform, making it a perfect fit for those who love trading on both desktop and mobile. To open a live trading account with 101Investing, you simply need to provide the broker with some personal information, such as your name, address, age, and email. You’ll also need to complete a quick questionnaire about your trading knowledge and income. Finally, you’ll need to supply proof of identity and residence, and then you can fund your account.
- There are certain countries in which 101Investing is not available, including the United State and other areas where the local regulations prohibit it.
- If you want to open a Pro Exclusive account, however, you’ll need a trading portfolio worth more than 500,000 USD.
- The only additional feature offered by 101investing is the live global macro-economic data.
Once you are done, you will need to pick the account type that best suits you and then make a deposit. The account will have to be reviewed by the broker’s team, who will then approve it. At this stage, they will request additional documents as proof of residence and proof of identity to complete the KYC and AML requirements. Traders that use 101Investing will have access to the widely-used MT4 platform.
nvesting Mobile and Desktop Trading Platforms
It also does not have any overnight charges, and the position could be held for no specific period. The traders of Islamic accounts have many features similar to the accounts as mentioned earlier with some changes. Like the other commodities, 101Investing offers precious metals to trade with CFDs. 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 integrates free financial news and the ability to incorporate the various MQL5 and MQL4 features.
You can also take advantage of more than 90 trading tools and enjoy 24/5 customer support. When it comes to fees and commissions, 101Investing is one of the most cost-effective options around. Users of the platform will not be charged any deposit fees or any fees on trades. This means that for the most part, you shouldn’t encounter any fees when using the platform. The only instances where you may get hit with a fee is if you go for 60 days without using your account, at which point you will get charged an account inactivity fee.
Charting and tools
The main essence of the ICF is to compensate covered clients for any claims arising from the failure of a member of the ICF to fulfil its obligations towards its clients. The maximum amount of compensation that may be paid to a covered client is EUR 20,000 for covered service. If you want to go deeper into the world of trading, 101Investing’s trading courses can help you save money. It explains trading functionality, basic concepts, techniques, and market movements to traders. Yes, our 101Investing review team discovered that the broker is operated by FXBFI Broker Financial Invest Ltd, a company which is authorized and regulated by CySEC.
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There are more than 100 stocks to choose from, including the most popular stocks in the world. You will notice companies from around the world, including 3M, Alibaba, Baidu, Chevron, Ferrari, Hasbro, Nike, Tesla, and Yandex. Most of the stocks are American companies, but there are some notable exceptions.
Advantages and disadvantages of 101Investing
In fact, it’s essentially a plain-text table that only shows economic events on the current trading day. There isn’t much value in it, and traders would be better off finding a more comprehensive economic calendar online. This is available both through the WebTrader platform and online through 101Investing’s website. In addition to covering breaking news stories, the broker’s news desk offers daily summaries at the close of trading in Asia, Europe, and the US. These summaries offer a concise explanation of what drove trading and what events or price movements to watch for in coming days. 101Investing clients can also trade forex (not shares) through MetaTrader 4.
Traders also can take the advantage of the quality and up to date educational materials as well as a helpful customer support team. The account is a step up from the Platinum Account, offering premium services to professional traders alone. The account offers access 101investing to a world of financial transactions that aren’t limited to retail accounts.
To do this, they employ various policies and mechanisms including negative balance protection and segregated accounts. 101investing is also a member of the Investor Compensation Fund (ICF), which protects covered clients should the broker fail to fulfill its duties to you. In this 101investing review, our experts take an in-depth look at what the broker offers.
This range of commodity CFDs helps you diversify your portfolio and improves the chances of finding the commodity that you want to trade with CFDs. For the Platinum account, the execution speed drops to an average of 0.05 seconds. You will be redirected to a signup form that requests your name, email address, and phone number.
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