Our review of 101Investing forex broker confirms that this is a reputable broker, with regulation by CySEC. Since 2020, the broker has offered traders access to a range of instruments spanning 10,000 markets. With 101Investing you can trade over 250 CFDs, including those for stocks, commodities, indices, cryptocurrencies, metals, and forex. You can also take advantage of more than 90 trading tools and enjoy 24/5 customer support.
- Trade more than 10,000 markets, including more than 250 CFDs.
- Take advantage of extensive educational content
- Regulated by CySEC
- Best broker for trading cryptocurrency CFDs
- 101Investing does not offer daily market analysis
101Investing overall scores
In this review, you can find all the information you need to decide whether 101Investing is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how 101Investing scored in each of our high-priority categories.
101Investing fees and commissions
As you review 101Investing broker’s fees, you will notice that the broker has competitive spreads, starting from just 0.3 pips. There are also no deposit fees and withdrawal fees are only charged if you have low account activity, or if you request less than $100. Additionally, there are no commissions or hidden costs.
Our experts have reviewed 101Investing’s fees based on how they compare with the fees of other reviewed brokers. For each broker, we analyze both trading fees and non-trading fees:
– Trading fees are charged every time you place a trade. They include spreads, commissions, overnight and rollover fees, and currency conversion fees.
– Non-trading fees aren’t directly related to trading, but you should consider them as they make up the cost of using a certain broker. They include payment fees and inactivity fees.
Below you will find a snapshot of the fees charged at 101Investing. Our experts have created these tables based on the fees applied to a standard account. We consider a standard account to be the one that will appeal to most traders, often not the cheapest option but not a premium option either.
|Type of Fee||Cost|
|Minimum Spread EURUSD (pips)||0.7|
|Commission on Islamic Accounts (%)||0%|
*Based on Standard account type.
All of the trading fees from 101Investing come in the form of spreads, as the broker does not charge commissions. The spreads depend on your chosen account type as well as the instrument you choose. Some products have fixed spreads, while others have variable spreads.
You can trade forex pairs with leverage of up 1:30 if you’re a retail trader, and up to 1:500 if you are a professional. The following are some example spreads:
- EURUSD from 0.7, 1.3, 2.2 for Platinum, Gold, and Silver accounts, respectively
- GBPUSD from 1.3, 2, 2.8, respectively
- USDJPY from 0.8, 1.5, 2.3, respectively
- GBPAUD from 5.1
- NZDCHF from 4.2
Depending on your account type, you can enjoy the leverage of up to 1:125 when trading commodities and up to 1:20 on certain metals, along with the following spreads:
- Brent Oil from 0.03
- Natural Gas from 0.003
- Coffee from 0.3
- Cotton from 0.25
- Copper from 0.0041
For precious metals, leverage of 1:10 is offered for most instruments, yet you can enjoy up to 1:20 for XAUUSD, with the following example spreads:
- XAGUSD from 0.037
- XAUUSD from 0.37
- Palladium from 0.58
- Platinum from 3.1
Trading stocks CFDs can provide leverage of up to 1:50, along with spreads from 0.21 across stocks.
Leverage on index CFDs from 101Investing can be up to 1:20, along with the following example spreads:
- ASX 200 from 1.3
- China Enterprise 40 from 1.3
- Hong Kong 50 from 3.3
- SP 500 from 0.8
- US Dollar Index from 0.32
Trading cryptocurrency CFDs with 101Investing gives you floating spreads and leverage of up to 1:2.
For transparency, you can review 101Investing forex broker’s swap fees on the swap chart, which is readily available via the broker’s website. The following provides some examples of swaps by account type:
- EUR/USD: -41.78 long/-40.41 short for Silver, -31.335/-30.3075 for Gold, -20.89/-20.205 for Platinum
- GBP/USD: -55.21/-54.38, -41.4075/-40.785, -27.605/-27.19, respectively
- XAGUSD: -35.63/-34.6, -26.7225/-25.95, -17.815/-17.3, respectively
- DAX-DATE: -249.16/-249.16, -186.87/-186.87, -124.58/-124.58, respectively
Gold account holders receive a 25-percent discount on swaps, and Platinum account holders receive a 50-percent discount.
As you review 101Investing, keep in mind that the inactivity fees can get hefty. If your account is inactive for more than 61 days, you will be charged 160 EUR (or currency equivalent) as an inactivity fee. At over 91 days, this increases to 120 EUR, then 200 EUR at over 181 days, and 500 EUR at over 271 days.
There are no deposit fees charged by 101Investing and most withdrawals from 101Investing do not come with fees either. 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.
You should also keep in mind that while 101Investing will not charge withdrawal fees in other situations, your bank may.
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.
101Investing licenses and regulation
101Investing is operated by FXBFI Broker Financial Invest Ltd. The company is regulated and authorized by the Cyprus Securities and Exchange Commission (CySEC) with license number 315/16. Additionally, FXBFI Broker Financial Invest Ltd is a Cyprus Investment Firm (CIF).
Is 101Investing safe?
Our review methodology considers several factors to ensure that all of our recommended brokers are safe and reputable. Alongside the number and strength of licenses, we also consider:
- What protection and/or insurance 101Investing offers should something go wrong
- 101Investing’s reputation, history, and management
101Investing client protection
101Investing provides covered clients with protection via its membership in the Investor Compensation Fund.
In addition, 101Investing segregates client funds, depositing them in first-class global banking institutions. All account types, including Professional accounts, receive negative balance protection too. Professional accounts, however, waive the ICF compensation.
101Investing background and reputation
The broker is a newly established broker that has been operating since 2020. Although this is a smaller timeframe than some competitors, the broker has already weathered a range of market conditions, showing its staying power. Additionally, it has not had any scandals so far and has earned awards that confirm its strong reputation.
In addition to the regulation, Investor Compensation Fund membership, and segregated client funds, our 101Investing broker review points out that the broker uses state-of-the-art technology for both client transactions and processing data.
101Investing uses strict firewalls, Secure Sockets Layer software, and encryption on both communication and transaction data servers. All transactions occur with Level 1 PCI compliance servers, and the trading servers are in data centers that are SAS 70 certified.
Opening an account with 101Investing
You will find it quick and easy to open an account with 101Investing, as the entire process only takes a matter of minutes and can be completed online. You will need to provide some personal information and take a quick questionnaire to assess whether CFD trading is appropriate for you. You will also be asked to submit documentation to verify your identity and address.
Is 101Investing available in your country?
101investing services clients within the European Union, the European Economic Area, and Switzerland. There are certain countries in which 101Investing is not available, including the United State and other areas where the local regulations prohibit it.
Confirming that you can open an account from your country is as simple as visiting the 101Investing site and beginning the sign-up process. If your country code does not appear in the drop-down menu, 101Investing is not available to residents of your country.
How to open an account at 101Investing
As mentioned, you should be able to open your 101Investing account in a matter of minutes.
- Step 1
Start by clicking on “Open Account” in blue on the top right corner of the page.
- Step 2
- Step 3
Confirm your email address and phone number.
- Step 4
Enter other personal details, such as date of birth and address.
- Step 5
Submit verification documents, if required.
- Step 6
Fund your account.
What you will need to open an account
Our review of 101Investing forex broker encourages you to gather the information and documents you may need to open an account ahead of time. This will allow you to open the account efficiently.
- Personal information – Expect to provide your first and last name, email address, phone number, country of residence, address, and an official identification number, such as a taxpayer ID.
- Regulatory information – 101Investing reserves the right to request you answer questions regarding your experience and knowledge regarding trading, as well as your source of wealth and economic profile.
- Documentation – 101Investing may require you to verify your account by submitting proof of address and proof of identity. Proof of identity is a government-issued photo-ID, and proof of address should be recent and include your name and address.
To open an account with 101Investing, you’ll need to provide proof of identity and proof of address. This process allows 101Investing to meet KYC (Know Your Customer) guidelines. KYC guidelines keep you safe and stop the broker from accidentally facilitating illegal practices such as money laundering.
What is the minimum deposit at 101Investing?
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.
101Investing payment methods
You can choose to fund and use your 101Investing account with one of three base currencies, USD, GBP, or EUR. 101Investing offers various payment methods, and there are no fees for deposits. Withdrawals are processed on the same business day when possible, but those submitted after 9 PM are processed on the following day. Keep in mind that deposit methods would vary by country.
101Investing account types
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.
For your convenience, 101Investing offers demo accounts. Opening a demo account gives you access to the WebTrader, along with virtual funds and real market conditions. Our 101Investing review team strongly encourages you to use the demo account to get a feel for the platform and its requirements, as well as to hone your strategies. Keep in mind that the demo account is available for seven days.
Islamic accounts are available for Silver, Gold, and Platinum account types, allowing 101investing to appeal to a broader range of traders. There are no hidden costs or fees, wider spreads, or commissions associated with Islamic accounts. They feature the same trading conditions but without the swaps.
To open an Islamic account instead of a standard one, select “Open Islamic account” when beginning the process instead of “Open account.” Then fill out all the relevant information as you would when opening any other account type.
101Investing trading platforms
As we reviewed 101Investing trading platforms, we found an excellent selection of platforms that will appeal to most traders. The available platforms are all based on MetaTrader 4, the popular industry-standard, but come in various formats to appeal to all traders. Additionally, by providing several formats of MT4, 101Investing makes it possible to start trading on your smartphone, continue on the downloaded program, and finish in the WebTrader.
101Investing offers three trading platforms. A trading platform is simply a software interface that allows you to place trades. Trading platforms often come with charting, research, and order processing tools too.
To ensure that we only recommend high-quality brokers, our reviewers have tried and tested each of 101Investing’s trading platforms. When doing so, they considered a range of factors, including how easy the platforms are to use, what features each trading platform offers, and how suited each platform is to different types of traders.
As mentioned, the WebTrader offered by 101Investing is a MetaTrader 4 platform. As such, it will be familiar to most experienced traders and includes all the features that you need. The web platform has support for 11 languages.
Trading with the WebTrader lets you review 101Investing forex broker’s assets from your browser. This platform is also compatible with the demo account. You get access to over 30 tools for professional analysis plus 24 analytical objects. You do not need to download anything to use the WebTrader. It is compatible with the major browsers, including Opera, Firefox, Safari, and Chrome.
You get complete control of your trading history and open or closed positions with the WebTrader. It also supports one-click trading for convenience and the ability to complete trades quickly before prices fluctuate. The trading platform’s native features also allow for customization, so you can customize execution to fit your trading strategy. Choose from four execution modes for market orders, including Exchange, Market, Request, and Instant.
This classic version of the MetaTrader 4 platform is available as a download so that you can trade on 101Investing from your desktop or laptop. There are versions for both Mac and PC, and it includes similar features to the WebTrader.
You can conveniently review 101Investing broker’s trade history for your account, including the number of lots, operation types, sizes, and order types. You also get 24 analytical objects, such as Fibonacci and Gann tools, arrows, and shapes. The desktop MT4 also has the same level of customization as the WebTrader, letting you optimize order execution, plus the same four execution modes for market orders.
MetaTrader 4 Mobile
It is easy to trade on the go with MetaTrader 4 mobile, which is available for Android and Apple devices. You get the full trading experience but with the convenience of being able to trade from your smartphone. As mentioned, the mobile application synchronizes with the WebTrader and downloadable MT4 platforms so that you can easily switch back and forth between them when you need to go somewhere but want to keep an eye on your investments.
You can view all the same information as in the web or desktop versions, including execution modes and order types, as well as your trade history. You can also enjoy an extensive range of charts to choose from, more than 30 analytical tools, nine timeframes, and 24 analytical objects.
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.
What is the execution policy at 101Investing?
As with most brokers, you can review 101Investing broker’s order execution policy in a PDF available on the broker’s website. We save you that hassle by summarizing the key points here.
The best execution criteria include whether the client is a professional or retail customer, the characteristics of the order, the features of the execution venues, and those of the financial instruments. Best execution factors include the costs, price, execution speed, likelihood of settlement and execution, nature of order or type of order, market impact, size, and other relevant considerations.
The average execution speed for Silver or Gold accounts is 0.08. For the Platinum account, the execution speed drops to an average of 0.05 seconds.
101Investing markets and products
Trading with 101Investing gives you access to more than 10,000 markets and 250 assets to trade with CFDs. All instruments are available across account types too, so you do not have to make a large initial investment to take advantage of diversification opportunities.
|Stocks and Shares||100+|
You can trade more than 50 currency pairs with 101Investing, including majors, minors, and exotics. This gives you access to the world’s largest and most liquid market while enjoying low spreads and no commissions. The selection of forex pairs includes something for everyone, thanks to the inclusion of minors and exotics.
As you browse commodities from 101Investing, you will notice energies and soft commodities, as well as precious metals, which we discuss separately. Energies include Brent Oil, Crude Oil, Natural Gas, and R.B.O.B. Gasoline. Soft commodities include Cocoa, Coffee, Corn, Cotton, Orange Juice, Soy Beans, Sugar, and Wheat.
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.
Like the other commodities, 101Investing offers precious metals to trade with CFDs. You can trade CFDs on gold, silver, platinum, palladium, with the broker. These are available via CFD futures contracts.
Index CFDs from 101Investing give you a simple way to branch out into new markets. You can trade the most well-known indices from around the world, including those from the United States, Asia, and Europe. Some examples of available index CFDs include ASX 200, China Enterprise 40, DOW 30, Euro Stox50, Hong Kong 50, FTSE 100, IBEX 35, Nikkei 225, and the Volatility Index.
Stocks and shares
If you want to trade stocks with 101Investing, it will be in the form of CFDs. 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.
Our 101Investing broker review team found that the broker stands out from the competition in its cryptocurrency CFD offerings. There are 33 crypto CFD pairs to choose from, much more than the five to 10 offered by most competitors.
You can trade cryptos, including ADAUSD, BABUSD, BSVUSD, BTCEUR, BTCGBP, BTCCNY, DSHUSD, DSHEUR, ETCUSD.m, ETCEUR.m, ETHUSD, ETHEUR, ETHGBP, IOTUSD, LTCUSD, LTCEUR, NEOUSD, USDTRY, XLMUSD, XMRUSD, XRPEUR, XRPUSD, and ZECUSD.
Additionally, the most popular of these are available with more than just USD. For example, Bitcoin, ETC, ETH, and XRP CFDs are available with EUR, GBP, or USD. This is a particularly large number of cryptocurrencies with more than one fiat pairing, helping 101Investing appeal to a broader range of clients and provide you with more market opportunities.
101Investing does such a great job with cryptocurrency trading that it has earned awards for its offerings, including the World Finance 2020 award for Best Cryptocurrency Broker.
If you want a full social trading experience, then you should look for a different broker. However, if you just need a few social trading features, such as the ability to use trading signals and Expert Advisors, then 101Investing is an excellent option. Both EAs and trading signals are incorporated into the MetaTrader 4 platforms that 101Investing uses, so you can employ these social or copy trading features across platforms
101Investing research tools
You can review 101Investing research tools to help you complete your market research and create a trading strategy. Most of the research tools are incorporated directly into the platforms, such as the news and indicators. It is worth noting that even without additions from 101Investing, MetaTrader 4 has enough research tools for most traders. It is also worth noting that 101Investing offers a free VPS to Platinum clients, which is excellent for automated trading strategies.
|101Investing Research Tools|
|News (from top-tier sources)||N|
|Trading Signals and Indicators||Y|
Trading signals and indicators
Each of the platforms gives you access to more than 30 indicators to help you complete technical analysis on your own. You can also add other indicators to MT4 if you find the need for more, either those you create with the MQL4 programming language or those created by others.
You can also find trading signals built right into the MetaTrader 4 platform for 101Investing, including the web, desktop, and mobile versions. Once again, you can use built-in ones, create your signal using MQL4, or download signals created by others.
These trading signals are also the closest that 101Investing comes to offering expert analysis and advice.
101Investing education and training
Our 101Investing broker review found plenty of educational resources to help traders of all experience levels. Most of the resources are focused on beginners, but there are still more than enough to help experienced traders hone their skills. It is worth noting that not all accounts have access to all of the educational materials, but most are available across account types. Professional clients also have access to VIP education, although 101Investing does not go into detail as to what this includes.
|101Investing Educational Features|
|Platform Tutorial Videos||Y|
Platform tutorial videos
Even with the intuitive nature of the MetaTrader 4 platforms, 101Investing offers platform tutorial videos in the video-on-demand section of the website. Here, you will find videos that show the terminal window as well as how to open an order, close an order, and view pending orders.
For even more platform tutorials, video the Tutorials section of the 101Investing website. Here, you will find separate “MetaTrader Tutorials” and a tutorial for MetaTrader mobile. Each category covers a range of topics, such as creating your account, managing your assets, using charts and indicators, viewing the news, properties, using various order types, viewing your trading history, and opening, closing, and modifying a deal.
You can review 101Investing forex broker’s extensive selection of eBooks if you are in search of educational PDFs. These include topics for different skill levels and are accessible to all account types. In fact, you do not have to log into your account to access them, so you can preview the eBooks before you even create your account.
Some of the topics for the eBooks include the trading market, terms, a glossary, beginner’s strategies, global trading, trading psychology, market analysis, capital management, advanced technical analysis, basic technical analysis, and advanced strategies. You will notice that most of the eBooks are ideal for beginners, but several, such as those on advanced strategies and technical analysis, are great resources for experienced traders.
In addition to the eBooks, 101Investing has an Articles section on a range of topics, such as understanding and trading CFD, becoming a day trader, how to trade forex CFDs, and more
You can review 101Investing’s planned webinars as well as past ones, which are available on its website. These include a range of topics, such as the Apple split history, non-farm payrolls, trading with indices, trading strategies, technical analysis, gold as a safe haven, etc. The range of webinar topics means that you should be able to find one that will enhance your skills.
Only Gold, Platinum, and Professional accounts have access to the webinars and videos. As such, if you have a Silver account and want access to these resources, you should consider upgrading to at least a Gold account.
If you need a trading glossary, explore the eBooks available to 101Investing clients. These include the “Terms eBook” and the “Glossary eBook.” Both are available to anyone visiting the broker’s website, so you do not need to login to take advantage of these resources.
101Investing customer support
101Investing has strong customer support and most clients get a dedicated account manager. You can easily contact customer support via live chat, email, and phone, or fill out a contact form. The broker also has strong customer support ratings, and our experience dealing with support went well. One nice touch is the ability to contact management directly to share ideas and concerns.
The following are the main ways to contact 101Investing customer support:
- Live chat (on the website or in the mobile application)
- Phone: +357 80092740
- Email: [email protected]
- Fill out the contact form
- Contact form to provide feedback to management
- Headquarters address: 79, Spyrou Kyprianou Ave., MGO Protopapas Building, 1st Floor, 3076, Limassol, Cyprus
One interesting note is that 101Investing indicates in various locations on its website that support is available 24/5. On the contact page, however, it shows the hours are weekdays between 09:00 – 23:00 GMT+3, and on weekends between 11:00 – 20:00 GMT+3.
It is also worth noting that although there is a separate contact form for management, this should be reserved for feedback, including propositions, suggestions, and concerns. Using that form to get support will not work, as you will not receive a timely response. That contact information is not designed for support.
Interestingly, 101Investing does not have a dedicated FAQ page, a common feature among its competitors. Even so, our 101Investing forex broker review found it easy to discover all the information we needed, although some required a bit more digging. Some pages, such as the Islamic account page, have small FAQ sections at the bottom, but this is not always the case.
To help you find information, 101Investing has about a dozen clearly-labeled PDFs on legal documents and policies that are searchable and well-laid out. These include concise information on withdrawals and client fund protection, topics that would typically be found in an FAQ section.
All Gold, Platinum, and Professional clients have dedicated account managers.
101Investing mobile compatibility
Our 101Investing broker review team can reassure mobile users that the broker is highly mobile-friendly. You can view the full website on your smartphone or tablet. Unlike some competitors, no information is cut off, not even on charts displaying product details. You may need to click one or two more times to view the relevant information on mobile, but this is common across forex brokers, and the information is still available.
The mobile applications ensure that trading with 101Investing is easy on your smartphone or tablet. We appreciate that the MT4 mobile apps offer the same functionality as the web and desktop versions. One of the most mobile-accessible features is the fact that your account synchronizes across platforms so that you can trade on your smartphone on the go, then seamlessly switch to your desktop when you get home or to the office.
101Investing – Our verdict
Our review of 101Investing forex broker shows that it is reputable and a good option for different types of traders. The three retail account types plus the Professional account option help it appeal to different types of traders, and everyone will find a good selection of educational resources.
The broker is regulated by CySEC and provides extra reassurance via Investor Compensation Fund membership, segregated accounts, and negative balance protection for all retail and professional clients. You can trade more than 250 instruments with leverage of up to 1:500 (for professional clients), including a highly competitive selection of cryptocurrency CFDs. Based on our analysis, you can trade with 101Investing with confidence.
Sign up for an account with 101Investing in minutes and start trading.
|101Investing Final Summary|
|Minimum Deposit (USD)||$250|
|Number of Instruments||350+|
|Proprietary Trading Platform||N|
|Payment Methods||Bank Transfer, Visa, Mastercard, Skrill, Worldpay and others|
|24/5 Customer Support||Y|
- Year Founded: 2016
- Company Trading Names: FXBFI Broker Financial Invest Ltd.
- Licenses: CySEC
- Headquarter Address: 79, Spyrou Kyprianou Ave., MGO Protopapas Building, 1st Floor, 3076, Limassol, Cyprus
- Phone Number: +357 80092740
- Facebook: https://www.facebook.com/101Investing/
Risk Disclaimer: 101Investing offers CFD products. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Our methodology: This review of 101Investing has been created using accurate data and unbiased facts. To test the broker, we have used our unique and detailed methodology, which assesses over 200 criteria points in 10 key areas. This guarantees that all of our reviews are fair and extensive.
We update our methodology and our reviews regularly. Methodology updates are made so that new broker features and products are taken into consideration. Review updates ensure that all the information we provide is current and correct.