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101investing broker Accounts
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.
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