ForexMart vs 101Investing Broker Comparison
Are you trying to figure out which is a better broker, ForexMart or 101Investing? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that ForexMart is the better of the two. ForexMart offers 300+ instruments, licenses from FCA, CySec, and fair trading fees.
In the tables below, you can compare the features of ForexMart and 101Investing side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked ForexMart higher than 101Investing.
Does ForexMart or 101Investing have lower trading costs and fees?
To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.
To give an overall view of how cheap or expensive ForexMart and 101Investing are, we first considered the common fees on Standard Accounts. At ForexMart the average spread for the EUR/USD currency pair is pips, whilst at 101Investing the spread is 0.7.
This shows that ForexMart is the better option for low-cost forex trading.
When it comes to non-trading fees, ForexMart charges for withdrawal. 101Investing charges for inactivity, withdrawal. With this in mind, ForexMart has lower non-trading fees.
When our experts analyzed the specific costs of both brokers, we found that 101Investing is the better option.
*Based on Standard account type.
Which broker is safer, ForexMart or 101Investing?
In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.
ForexMart is regulated by FCA, CySec and offers client protection. 101Investing is regulated by CySec and offers client protection.
Considering these two factors, and the general reputation and history of both brokers, we believe that 101Investing is the safer broker.
How many trading instruments are available at ForexMart and 101Investing?
ForexMart provides traders with 300+ instruments. This includes 100 currency pairs, 1 cryptocurrencies, and 1 stocks and shares. With ForexMart, you cannot trade CFDs.
In comparison, 101Investing boasts 350+ tradable instruments. 101Investing offers 50 currency pairs, 30+ cryptocurrencies, and 100+ stocks and shares. 101Investing also allows CFD trading.
As both brokers offer the same total number of instruments, both are great choice if you are wishing to diversify your trading portfolio.
Which broker offers the best trading platform, ForexMart or 101Investing?
When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.
ForexMart provides you with the ability to trade via 3 trading platforms, and 101Investing has 2 trading platforms. Both brokers also offer research and trading tools, however 101Investing has more.
Overall, our experts agree that ForexMart boasts the better trading platform offering.
Which is better for beginners, ForexMart or 101Investing?
To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.
Considering this, our reviews show that 101Investing is the better broker for beginner traders as it offers a larger range of educational tools and materials. 101Investing also has a minimum deposit of $.