101Investing is a Cyprus-based regulated broker that allows users to trade CFDs on a variety of different assets, including a wide range of cryptocurrencies. It offers access to a user-friendly MetaTrader 4 (MT4) platform, available for multiple devices.
In addition, it also offers several different account types, multiple payment methods, and an extensive selection of educational resources that can be useful to new 101Investing traders. Here, we will review all the features and functionality of this popular trading platform.
*CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
101Investing Review Overview
101Investing is a Cyprus-based broker that operates at the highest industry standard, offering a wide array of trading instruments. It gives access to the MT4 trading platform, with helpful customer support and numerous ways to deposit or withdraw your funds.
Trading on the platform is relatively flexible, with multiple account types, each tailored to fit the individual needs of their users.
101Investing is operated by FXBFI Broker Financial Invest Ltd, the company is regulated by CySEC and is subject to strict regulations and guidelines. Best of all, the broker grants access to a platform with rich features, different trading and analysis tools, and many others that a trader might need.
3 Reasons to Choose 101investing
Assets: 101Investing offers an extensive list of assets and trading instruments, which include CFDs on cryptocurrencies, forex, stocks, indices, metals and commodities. This will allow traders to potentially diversify their portfolios.
Research tools: 101Investing offers access to a trading platform with plenty of tools for research and analysis, including charts, analysers, indicators, *signals, and more. In total, there are over 90 different tools for traders and investors to use, providing the research tools they need to enhance their knowledge.
Account types: 101Investing considers the individual needs of its clients, offering different account types, each with their unique features. Each account type determines your trading conditions and available services to you. Apart from the demo account that traders can use for practising and honing their trading skills, there are also Silver, Gold, Platinum, Islamic, and Pro accounts — each with unique features and different type of service. That way, traders will not get overwhelmed and will have access to the tools they need.
*The content of the trading signals available on the platform do not constitute any investment advice or/and investment research on behalf of FXBFI Broker Financial Invest Ltd. The content is based on generic criteria and to do not take into consideration individual users personal circumstances, investment experience neither financial situation, trading goals or needs. Additionally, trading signals available have not been prepare in accordance with legal requirements designed to promote the independence of investment research. On the extent that trading signals provided are based on the past performance of an instrument or/and Index, this past performance is not a reliable indicator of future performance neither guarantees future results. Trading Signals users should consider the possibility of encountering substantial losses. Consequently, FXBFI Broker Financial Invest Ltd, shall not accept any responsibility for any losses of traders due to the use and the content of trading signals.
What Is 101Investing?
101Investing is a broker that offers a diverse selection of trading instruments and provides access to a wide range of financial markets. 101Investing is operated by FXBFI Broker Financial Invest Ltd with headquarters in Limassol, Cyprus.
The broker offers flexible leverage, hundreds of assets to trade through CFDs, multiple account types and payment options, and has received several awards, already becoming a well-established broker.
101Investing is operated by FXBFI Broker Financial Invest Ltd. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC) and has experienced rapid growth over the last few months. The platform is fast becoming the broker of choice for newcomers and seasoned traders alike; providing educational resources and a demo account for those who wish to practice and enhance their knowledge, and complex charting and analysis tools for those who are already familiar with the mechanics of investment trading.
The demo account can also be called upon to ‘test drive’ the platform’s features and functionality, and so, can be a handy tool for investors of all types.
Breaking Down 101Investing: Our Analysis and Review
To make it simple for any aspiring crypto trader to understand why 101Investing is a great brokerage, we will now analyse specific aspects of it. You will learn what assets you can access on its platform, details of some key services, security, regulation, more information on the trading platform itself, and how to use it.
Without further ado, let’s see what 101Investing has to offer.
Supported Cryptocurrency Pairs on 101Investing
Let’s start with the list of crypto pairs that you can access on 101Investing. There are currently over 30 different crypto pairs that you can trade with CFDs, which include:
BTCCNY, BTCEUR, BTCGBP, BTCUSD, BTGUSD, DSHEUR, DSHUSD, ETCEUR, ETCUSD, ETHEUR, ETHGBP, ETHUSD, LTCEUR, LTCUSD, NEOUSD, XLMUSD, XMRUSD, XRPEUR, XRPUSD, YCCUSD, ZECUSD, BTCCNY.m, BTCEUR.m, BTCGBP.m, BTCUSD.m, BTGUSD.m, DSHEUR.m, DSHUSD.m, ETCEUR.m, ETCUSD.m, ETHEUR.m, ETHGBP.m, ETHUSD.m, LTCEUR.m, LTCUSD.m, XMRUSD.m, XRPEUR.m, XRPUSD.m
*The list above is as of 7/10/2020. The assets available is updated regularly; therefore, the company reserve its right in relation to their availability on the time of the request.
As you can see, the list is long, and there are plenty of well-known cryptocurrencies pairs available for traders. With these typically being the most sought-after cryptos, we expect that most traders will find what they are looking for on this platform.
Regulation, Licenses, and Security
As briefly mentioned earlier, 101Investing is operated by FXBFI Broker Financial Invest Ltd and regulated by CySEC, under the license number of 315/16.
The company puts a great effort to provide and maintain a transparent environment for its clients. Most importantly, the company complies with industry standards and adheres to applicable regulations and guidelines. In addition, all client funds are kept separate from corporate bank accounts, while transactions are encrypted using the most recent and sophisticated techniques through physical hardware and software.
Key Services and Additional Features
There are some additional services and features available on 101Investing that are undoubtedly noteworthy. One example is the impressive customer support team, which is available from 09:00 – 23:00 GMT+3 on weekdays and 11:00 – 20:00 GMT+3 on weekends. You can contact the team via live chat, email, or even a phone.
The broker also allows leveraged trading and supports several deposit/withdrawal methods, including bank transfers, credit and debit cards, Skrill, Solidpay, Paydoo, Worldpay, and more.
We also briefly mentioned that there is a demo account for you to use and practice your trading for free. The interface of the platform is easy to understand and navigate, allowing users to switch between web and mobile trading at any time.
Trading Platform
There is only one platform available for trading with the broker, and it is the popular MetaTrader 4. This can be accessed via desktop, mobile app, or simply go to its web version through any device that has an internet browser.
Regardless of which method you use to gain access, you can instantly begin speculating on underlying assets with CFDs. The MT4 platform is well-known and very popular among traders, which is why it has been integrated on the most reputable brokerages around the world.
It offers a wide variety of tools used for everyday trading, such as one-click trading, automated trading, scalping, patterns, hedging, real-time quotes, and more.
How to Trade CFDs on Cryptocurrencies with 101Investing
Assuming that you have already registered with the 101Investing platform, went through an ID verification process, and deposited funds through one of the available payment methods, all that remains is to start trading CFDs on a variety of assets including leading cryptos.
The process of doing so is straightforward, and all you have to do is follow these few steps.
- You can start by opening the platform and clicking on Market Watch
- Double-click on the coin you wish to trade
- Enter the amount you wish to trade, and any automatic limits (Take Profit, Stop Loss, etc.)
Our 101Investing Conclusion
As we have seen, 101Investing has a lot to fit the needs of every type of trader. It is user-friendly, easy-to-navigate, and operated by a regulated company with an established reputation.
There are plenty of cryptocurrencies pairs listed for trade through CFDs — most of which are well-known, top-ranking coins that have been attracting attention for years. The educational resources and high level of support available from 101Investing assures of their commitment to their users’ safety and knowledge.
With so many online brokers out there, it is rare that we come across a platform that literally ticks the right boxes. 101Investing will give investors everything they need to start trading with confidence, with the satisfaction of having extensive tools on hand.
*CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.