basic Information about 101investing
101investing.com is operated by FXBFI Broker Financial Invest, LTD. The main headquarters can be found at 13 & 15 Grigori Afxentiou str. IDE Ioannou Court, 4003 Limassol. They are regulated by CySEC, with the license number 315/16. The Broker’s LTD registration number is 351508.
101investing.com is a trusted and experienced broker. Therefore, we expect the same kind of quality from their daughter company.
Trading with 101Investment – All the possibilities the broker offers
Let’s say you are already excited and want to start trading with this broker, but you want to know more. What can you purchase with 101investing? Well, we can say that you won’t be disappointed by the variety of offerings that the broker provides. First of all, the moment you start your account you will gain access to the majority of significant assets with 101investing. Isn’t this fantastic? Of course it is!
Also, remember that the broker’s primary form of trading is via contracts for difference, offering foreign exchange, stocks, indices, commodities, and crypto trading.
101investing follows all the existing trading market standards. The broker offers its eager traders the most popular and trustworthy trading platform that exists today – MetaTrader. The platform is user-friendly and useful for executing trades and analyzing the financial market on the go.
The MetaTrader4 platform offers an opportunity to use algorithms and bots to help out with the trading process and make the most profitable calculations. Artificial intelligence works best with MT4, as does the broker’s system, as they are easily integrated into the platform. As a result, your bot will work correctly for your trades.
101Investing review: fees
A lot of brokers on the market have fees, and 101Investing is not an exception. Well, we think that the main price we should talk about in this review is their inactivity fee. The reason is that we think you need to know it in the case that you are not keen on trading frequently and disciplining yourself to be consistent in it, in which case you’ll have to pay.
If you are inactive for a prolonged period, the broker will have to impose the following fees; these are the rules.
In case you don’t trade for more than 60 days – you’ll need to pay 80 EUR or 160 EUR.
If your inactivity reaches up to 91 times – you’ll be fined with 120 EUR per month.
For 181+ of inactivity days, you’ll get a fee of 200 EUR monthly.
Also, in case your inactivity continues and amounts to 271+ days – your payment will reach 500 EUR per month.
However, don’t be scared off by this! Remember that this fee, even though it’s not that common, is just to make sure that traders and 101Investing clients are committed to trading. It is quite common for many traders to register on a variety of platforms only to hop on to the next one without any activity. 101investing makes sure that the people that register with them take trading seriously and will continue dealing with the broker.
The company also accepts almost all types of payment methods, so you won’t need to worry about this type of technicality: Neteller, Trustly, Wire transfers, Skrill, or Credit and also Debit cards.
What do we really think about this broker?
Well, what we would like to say is usually that if you are still hesitant about the broker, don’t be. Make up your mind and consider signing up with this broker, as it provides everything you need for a long and trustworthy partnership.
What did we find out in this review? Overall, 101investing allows hedging – which is excellent! Furthermore, the broker has three different accounts types – that will satisfy traders of all experience and knowledge levels. Spreads and charges vary for each account type.
Most importantly, 101Investing is licensed by CySEC through FXBFI. The broker also has inactivity fees; 101trading provides AI and professional financial analysts.
Of course, before you decide to choose your broker, please consider what you want to do with your time. Ask questions like, will you commit to trading? Do you want to pass your free time figuring out all of the trading patterns and examining the market? If yes, then, in our opinion, this broker is worth considering for your long-term commitment! However, as we’ve said before, make sure you want to be a real trader and not stay inactive for months on end.
Good luck with your trading!