Rating Index

Pros

Multi-functional platform with cross-platform compatibility.

Regulated by the Cyprus Securities and Exchange Commission (CySEC), ensuring a level of safety for traders.

Offers a wide range of educational resources and tools for traders of all levels.

Cons

Swap charges are applicable, which may increase trading costs.

Does not offer negative balance protection, posing a risk for traders in volatile markets.

Withdrawal fees may apply, along with inactivity fees for dormant accounts.

101investing broker Accounts

101Investing Account Type

101Investing offers four different types of trading accounts to cater to various trading needs and experiences:

Silver Account:

Minimum Deposit: $250 or equivalent.
Maximum Leverage: 1:30 for retail traders.
Spreads: Starting from 0.07 pips.
Commission: Zero commission on trades.

Gold Account:

Minimum Deposit: $250 or equivalent.
Maximum Leverage: 1:400.
Spreads: Starting from 0.05 pips.
Commission: Zero commission on trades.
Swap Discount: 25%.

Platinum Account:

Minimum Deposit: $250 or equivalent.
Maximum Leverage: 1:400.
Spreads: Starting from 0.03 pips.
Commission: Zero commission on trades.
Swap Discount: 50%.

Pro Account:

Minimum Deposit: Requires a portfolio worth €500,000.
Maximum Leverage: Up to 1:500.
Spreads: Starting from 0.03 pips.
Commission: Zero commission on trades.
Additional Benefits: Access to VIP services and dedicated account manager.

All account types allow hedging and come with negative balance protection. An Islamic swap-free account option is also available for all account types.

101Investing Broker Account Opening Process

The account opening process at 101Investing is straightforward and can be completed in a few simple steps:

Registration: Complete the online registration form with personal information.
Account Details: Provide details regarding the type of account you wish to open.
KYC Documentation: Upload the required KYC documents, which include a colored copy of your identity proof and a recent utility bill or bank statement as address proof.
Deposit Funds: Fund your account with a minimum deposit of $250 or equivalent.
Account Activation: Once your documents are verified, your account will be activated, allowing you to start trading.

The entire process typically takes between 1 to 3 days, depending on the verification of KYC documents. A demo account can be opened instantly for practice.