A Brief History

FXBFI Broker Financial invest Ltd., a limited liability company incorporated in the Republic of Cyprus trades under the name 101investing. It has been granted the registration number HE351508. The Cyprus Securities and Exchange Commission (the “CySEC”), authorising it to operate as a CIF (Cyprus Investment Firm) with the license number CIF 315/16.

101investing History

It was under the European Parliament Directive 2014/65/EU provisions, and the Markets in Financial instruments and amending directive 2002/92/EC Council provisions of 15 May 2014, as well as Directive 2011/61/EU, or the MiFID 2 that the brokerage firm was founded. The latter was also transposed into Cypriot law. Being as the company is responsible for the client in concordance with the aforementioned laws and regulations, FXBFI Broker Financial invest Ltd. is committed to taking sufficient measures to safeguard the client’s interests.

101investing Scam or Safe?

That 101investing is a bona fide trading entity is evidenced by impeccable credentials attesting to licensing and registration. Trading is therefore authorised and regulated, as well as awarded a license. The cfd broker with its vast array of trading tools, trading assets including forex pairs, is many things besides being a competitor to forex brokers. Regardless of trading conditions, market analysis remains a key strength with the broker. 101investing traders increase their profits rapidly due to leverage. Forex brokers like these have the right account types to take you trading literally to the next level. The account manager that comes with the account has your back and does not allow you to forgo learning opportunities. The account manager ensures that account objectives, and security, are maintained.

101investing Pros and Cons:

CFD trading implies a high probability of risk of losing money. The high risk of losing money rapidly due to leverage is a distinct attribute of cfd trading. The high risk of losing money when trading cfds owes itself to the fact that cfds are complex instruments. As a leading cfd broker 101investing plans to keep clients safe from the high risk of losing money. To lose money when trading does not have to be a truism with online trading. Maximum leverage does not have to become the cause of the high risk of losing money.

• 101investing helps him in following the basic tenets of risk management: setting orders & the reward risk ratio ; 
• avoiding break-even stops ; 
• saying ‘no!’ to fixed stops distances ;
•  pledging to compare winrate & reward risk together ; 
• eschew daily performance targets ; 
• skilled position sizing ; 
• forward together: reward risk ratio &  multiple ; 
• spreads are serious business! ; 
• correlations & the inadvertent exposure to risks.

101investing Review: Account Types

with 101investying, you will find 3 retail trading accounts called silver, gold, and platinum. each offers its own advantages as to leverage or spreads. Additionally, there’s a professional account for those with proven abilities. Demo accounts help you put yourself to the test, so that you may be able to find your level.

SILVER ACCOUNT

This suits your needs if you are beginner’s level. minimum deposit – $250 ; Max Leverage – 1:30 ; Forex spreads – 0.7 onwards ; more than 250 tradable assets ; no commission.

GOLD ACCOUNT

This account suits you if you are at the intermediate level. Forex spreads – 0.5 onwards ; 25% swap discount ; Max Leverage – 1:30 ; more than 350 tradable assets ; no commissions.

PLATINUM ACCOUNT

If you are at an advanced level, this account is for you. Forex spread starts from 0.3; 50% swap discount; more than 250 tradable assets ; max leverage 1:400 ; no commission.

Besides the provision for a dedicated accounts manager, these accounts permit hedging. Besides updates and investment news, there’s free VPS on all accounts.

PRO Account

If you qualify as a professional client, you may be eligible for leverage of up to 1:500 on some assets. You could be even permitted a margin rate reduction. This permits a trader to bump up their leverage use in excess of ESMA guidelines impacting retail clients. In order to be considered eligible for the professional category, the client has to satisfy two conditions of three – must own a portfolio in excess of $500,000 (not counting either cash or property ); must have had a proven prior record of setting significant sized positions; worked in the capacity of a trading/speculation/derivative related professional position.

101investing Review: MetaTrader 4 Web Trader Trading Platform

MetaTrader4 is touted as the best trading platform in the business which is not way off the mark. It includes in its arsenal a vast array of analytical tools.

Made For Complex Trade Execution: the platform permits you to place any number of sophisticated strategies. Tools in this regard are:

• Market & pending orders;
• Instant execution & trading from a chart;
• stop orders & trailing stops;
• A tick chart & trading history.

Furthermore, trading is more in sync with your goals because of:

• Execution modes;
• Pending orders;
• Market orders;
• Stop orders and trailing stop.

101investing broker offers the popular MetaTrader 4 trading platform to its users. The platform is essential in order executions and provides easy to understand and use UI/UX. Note that the platform is available for use in mobile, desktop, and web versions. The customer gets the following services with MT4: 

• One-Click trading,
• Supports 11+ languages, 
• 30+ technical signals & indicators (which can further increase with the help of plugins), 
• Nine timeframe chart, available for 1 minute to 1 month period in real-time, 
• Tools for risk management, 
• Access to the MQL market, 
• Real-time bid and ask price to users,
• 24+ tools for drawing analysis, 
• Price alerts on the telephone via popups, SMS, and email. 
• 20+ analysers for technical examination. 

When it comes to charting and analysing, the Web Trader is very efficient. There is no need for any downloads while trading with this platform. The trading app also puts you in the picture, equipped as it is with MT4 features.

The trading app is empowered with the majority of MT4 analytical tools. The trading abilities of the other MetaTrader4 platforms are all present in this trading app. When it sync with other MT4 platforms, the trading app permits the trader the placing of a trade on the MT4 desktop version, or even tweak the trade somewhat on the Web Trader. The trade may be closed later in the trading day in the trading app.

Automated Trading Platforms

What MetaTrader4 does, is to access all data with internal functions. The latter is accessible in different kinds of time frames. These range from every minute (M 1) to every hour (H 1). There are other time frames, standing for the 4th hour, the day (D 1), the month (MN). 101investing has the latest trading platforms to ensure safe trading that’s precise plus profitable. 

A tick gives the current price movement. A tick may be understood as the change in forex pairs’ ask/bid price. There are many ticks for every second on a good trading day. On dull days, there might not be ticks at all for minutes. The tick may be understood as a currency market robot’s heartbeat. Placing an order through such a platform, a trader buys/sells forex pairs in a predetermined amount. The most number of pips ( price variations) that a trader can afford to lose before calling it a day is the stop-loss limit. The amount of pips a trader collects before finally exiting trading is called the take profit limit. 

Tradable Assets:

101investing broker provides cfd trading services on 350+ financial instruments which include products from all market types such as stocks, currency pairs, indices, metals, commodities, and cryptocurrency trading. Note that the company offers complex financial derivatives on these assets and not the actual ownership. The future derivative is useful in earning from both ways, i.e. price up to and down, and can aid to trade assets with any amount. Some of the trading assets available are

Forex Trading :

During Market trading hours the client can open/close positions of the CFD Underlying Asset in accordance with the features/rules of the Market made available through the company’s agency for trading purposes.

Despite Derivative Financial Instruments being used for investment management risks, such instruments are difficult for some investors. Different derivative Finacial Instruments are concerned with varying levels of risk exposure. In deciding if one should trade in such instruments at all, the client ought to be risk-aware. The client should be satisfied that the contract fits him particularly considering his financial position.

CFD trading:

CFDs are derivative financial instruments sourcing their value underlying asset prices or the markets they refer to, such as equity indices, currency, metals, stocks. The prices at which the brokerage firm trades are set up by a company developed algorithm. The client has to factor in fluctuations and volatility before deciding upon a course of action.

CFDs are a popular instrument to trade in FX. The advantages far outweigh the disadvantages. Advantages include:

• Liquidity;
• Tradable on margin ; 
• Efficient trading ;
• Low transaction costs ;
• Transparency and ease of execution ;
• Trade long/short with equal ease ;
• Can trade world markets from one account ;
• Ability to can out of hours ;
• No expiry date ;
• Obtain interest on short positions ;
• No fixed contract size ;
• Simple compared to options and warrants ;
• Obtain dividends when long or bonus issues ;
• Take part in rights issues, share splits and other company activities ;
• Stop loss and contingent orders easily placed ;
• Guaranteed stop loss orders ;
• Provision for hedging.

cryptocurrency trading:

Cryptocurrency CFDs are leveraged products, carrying substantial risk to your trading account or a particular trade. traders lose money rapidly due to leverage. The trading strategies have to be close to perfect.

101investing Review: Account Opening

The 101investing account opening is easy, fast, and simple. It is a straightforward three steps process, details of which are as follows: 

Register: The foremost step is to register with the broker by filling in an initial form, requiring necessary information like name, email address, phone number, etc.

Upload Documents: The second step is to fill in all the prominent information required by the broker to verify your identity. It would include personal as well as financial data like income, DOB, home address, bank account details, etc. You would also be needed to upload documents to support your information, which might include ID proof, address proof, income proof papers, and more. 

Deposit: The last step is to deposit your funds with the trading website using any of the 101investing payment methods. You can add funds via several options, and the processing time is instant. 

After adding money to your trading account, you’re good to go with choosing an asset and investing. 

101investing Review: Commissions & Fees

101investing only charges through spreads and doesn’t have any hidden or extra fee on trades. Further, there is no commission on trades, and the spread on major currency pair EUR/USD is 0.07. 

Apart from it, there are 101investing overnight swap charges and some penalty fee on withdrawals, if enough or no transactions are made. 

Deposit and Withdrawal:

There’s no broker fee incurred when you are either depositing or withdrawing funds. The accepted payment methods are inclusive of credit/debit cards, bank wire, as well as online e-Wallet systems. Once you log onto the trading platform, you will know if specific opinions are available to you in your country.

Most of the time the credit/debit cards are instantaneous. E-Wallets take one working day to process. Bank wire transfer takes 3-4 working days to finish processing. Withdrawal times are contingent upon the payment service provider you choose. While requests for withdrawal are processed the same business day by the broker, certain payment service providers may take up to 7 days to process a request.

101investing Review: maximum Leverage

Forex and Derivative Financial instruments bear a high degree of risk. The transactions are leveraged, or geared as the initial margin amount may be insignificant compared to forex and derivative contract value. a comparatively small market movement will have a proportionately bigger effect on the client’s funds. This may go in the client’s interest, as well as against it. The maximum leverage offered by the broker is 1:500.

Retail Account Leverage: 

EURUSD – 1:30

BTCUSD – 1:2

BERKSHIRE – 1:5

XAGUSD – 1:10

Professional Account Leverage: 

EURUSD – 1:200

XAGUSD – 1:50

BERKSHIRE – 1:10

BTCUSD – 1:10

The Negative Balance Protection clause may protect the client’s interest.

Research:

You can find an economic calendar on the broker website, besides an Earnings Report Calendar. The Daily News updates throughout the day is another great research tool. Forex trading even for the beginner can begin with a demo account. The latter can be used to explore cryptocurrency trading, online trading, with the aid of trading apps. One of the best trading apps around belongs to the trading platform of 101 investing. Combining research tools with trading tools to make the optimal use of the website is an objective with this most competent fx broker.

Customer Service:

101investing customer support is at par with industry averages, with its executives being intelligent, rational, and logical in answering all the queries. The average response time from 101investing executives is less than a minute, and the assistant politely listened to all the problems. Following are the ways to connect with the broker: 

• Telephone: +357 80092740
• Live Chat: To instantly provide the solutions or any required information 
• Feedback Form: Available to make new suggestions or if the customer problem is not resolved. 
• Email: [email protected]
• Address: 13 & 15 Grigori Afxentiou str. IDE Ioannou Court, 3rd Floor, Office, 301, 4003 Limassol Cyprus.

Education:

The firm offers several education tools & material available in the form of: 

• Videos: Short Animations to cover basics

• Seminars: Offline workshops for prominent traders

• Articles: Blogs covering relevant, trending fields.

• Webinars: Intensive workshops on the internet to cover significant topics

• Courses: Designed courses to cover markets such as crypto, forex, commodities, and more. 

• E-books: Books to clear dedicated topics like candlestick charts, forex indicators, MT4, etc. 

FXBFI Broker Financial Invest No Risk of Losing Money

When trading CFDs, the client may place orders through the following means – Via Trading Platforms and Mobile Applications; by phone.

Via Trading Platforms and Mobile Applications – The client may place orders through the mobile applications and trading platforms of the company. Once shown in the trading platform, and post client approval, the order is deemed as having been accepted.

By phone – In some situations, the client wishes to place transactions, but the trading platforms and mobile applications are inaccessible, the client can reach out to the company’s Dealing Room Department. To ensure the continued high quality of services, all telephonic conversations between the client and the aforementioned department are recorded.

In order to ensure security, a small verification check is carried out in order to make sure of the client’s identity.

Exchange Commission CySEC

The supervisory and regulatory body for Cyprus Investment Services firms, CySEC is an ESMA (European Securities and Markets Authority) Committee, member.

101investing is regulated by the Cyprus Securities and Exchange Commission (CySEC).

CySEC supervises and regulates Cypriot investment services firms. It is a member of the ESMA (European Securities & Markets Authority) Committee.

Importantly, it is a member of the Investor Compensation Fund (ICF). The Cyprus authority has a robust relationship with well-known payment service providers (Trustly, for instance).

CySEC is also a participant in the Markets in Financial Instruments Directive 2 (MiFID 2), a legislative framework that seeks to bring all EU markets under a single administrative umbrella. As such the Cyprus authority is always prepared to aid transparency in European Regulated Markets (RMs) and has the full panoply of instruments at its disposal to ensure compliance.

We Can therefore trust the Cyprus authority, and 101investing, both.

Conclusion

101investing is backed by strong credentials regarding its regulation. The securities and exchange commission in Cyprus can well vouch for the parent company FXBFI Broker Financial Invest Ltd. CFDs are complex instruments, and 101investing broker takes forex trading to the next level. With retail investor accounts and professional accounts, the many facilities promise to keep 101investing in its current position as the investment platform of preference. The funding options are accessible.

FAQs

what is the inactivity fee for the broker?

On accounts that have no funds, there is no assessment of an inactivity fee.

Are traders losing money rapidly due to leverage?

Leverage is a double-edged sword that can both profit and harm you. Thanks to its risk management, the broker mitigates the high risk of losing money due to leverage.