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For more information about 101investing Forex Broker company profile, come to WikiBit!

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 Company

101investing Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

101investing is a trading platform that was established in 2020. The broker aims to provide a wide range of financial trading services, primarily focusing on Contracts for Difference (CFDs). Despite being relatively new to the market, it has garnered attention for its offerings and trading conditions.

Parent Company/Ownership Structure

The company is operated by FXB FI Broker Financial Invest Ltd, which is the parent entity responsible for the operations of 101investing. This ownership structure allows the broker to maintain a focused approach to its services.

Headquarters Location

101investing is headquartered in Limassol, Cyprus. This location is strategic as it places the broker in a jurisdiction known for its regulatory framework in the financial services industry.

Global Business Scope

101investing primarily targets clients within the European Union (EU), the European Economic Area (EEA), and Switzerland. The broker offers a wide range of trading instruments and services to cater to both retail and professional clients.

Main Regulatory Bodies

The broker claims regulation by the Cyprus Securities and Exchange Commission (CySEC) under license number 315/16. However, it has been noted that this license has been flagged as a "suspicious clone," raising concerns over its legitimacy.

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2. Company History and Development

Key Milestones

Since its establishment in 2020, 101investing has made significant strides in the trading industry. The broker quickly developed a range of trading services and account types to suit various trader profiles.

Business Expansion Journey

The company has expanded its offerings to include more than 250 financial instruments, including forex, stocks, commodities, and cryptocurrencies. This expansion has been a critical aspect of its strategy to attract a diverse client base.

Customer Base Growth

While specific customer base statistics are not publicly available, the broker has reportedly seen a steady increase in user registrations, driven by its competitive trading conditions and a user-friendly platform.

Platform Development History

101investing utilizes the popular MetaTrader 4 (MT4) platform, which is known for its robust features and capabilities. The broker has continuously updated its platform to enhance user experience and trading efficiency.

Important Awards or Recognitions Received

Despite its short history, 101investing has received positive reviews from various industry sources. However, it has not yet claimed any major awards, which is not uncommon for newer brokers.

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3. Trading Services Offered

Forex Trading Options

101investing offers a comprehensive selection of forex trading options, featuring over 45 currency pairs. This includes major pairs like EUR/USD, AUD/USD, and EUR/JPY, making it suitable for various trading strategies.

Stock Trading Options

The broker allows trading on more than 75 well-known global stocks, including companies like Facebook, Sony, and American Express. This diversity provides traders with ample opportunities to invest in established markets.

CFD Trading Products

As a CFD broker, 101investing provides access to a wide array of CFD products across different asset classes. This includes forex, stocks, commodities, indices, and cryptocurrencies.

Other Financial Instruments

In addition to forex and stocks, 101investing offers trading in over 20 cryptocurrencies, including Bitcoin and Ethereum. Furthermore, traders can engage in CFD trading on commodities such as gold, oil, and gas.

Special Services or Unique Advantages

One of the notable features of 101investing is its competitive spread offerings and leverage options, which can go up to 1:500 for professional accounts. Additionally, the broker provides educational materials and analytical tools to assist traders in making informed decisions.

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Detailed Regulatory Information

101investing operates under the regulation of CySEC. However, its license has been questioned, with reports indicating that it may be a clone of a legitimate license, which raises significant concerns regarding its regulatory compliance.

The broker is primarily registered in Cyprus, operating under the legal entity FXB FI Broker Financial Invest Ltd. This structure allows it to serve clients within the EU and EEA, although its legitimacy is under scrutiny.

Client Fund Protection Measures

To protect client funds, 101investing claims to utilize segregated accounts and adheres to various risk management protocols. It is also a member of the Investor Compensation Fund, which provides additional protection for clients in case of broker insolvency.

Countries/Regions Served

While 101investing primarily serves clients in the EU, EEA, and Switzerland, it is important to note that its services may be restricted in certain jurisdictions due to regulatory reasons.

Compliance History

The compliance history of 101investing is mixed, with reports of its regulatory status being under examination for voluntary renunciation. This could indicate potential issues with its operational legitimacy.

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5. Competitive Landscape

3-5 Main Competitors

101investing faces competition from several established brokers in the market, including:

  1. eToro: Known for its social trading features and a wide range of assets.
  2. IG Group: Offers extensive trading options and a strong regulatory framework.
  3. Plus500: A well-known CFD broker with a user-friendly platform and competitive spreads.

Positioning in the Industry

In a crowded market, 101investing positions itself as a competitive CFD broker, focusing on forex and cryptocurrency trading. However, its reputation has been marred by regulatory concerns, which may affect its standing among peers.

Market Differentiation Factors

101investing differentiates itself through its wide range of trading instruments, competitive spreads, and leverage options. However, the concerns regarding its regulatory status could hinder its ability to attract and retain clients compared to more established competitors.

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Conclusion

101investing is a relatively new player in the trading industry, offering a diverse range of financial instruments and trading services. However, potential clients should exercise caution due to the regulatory concerns surrounding its operations. As with any financial service, it is crucial to conduct thorough research and due diligence before engaging with the broker.

For those interested in exploring what 101investing has to offer, learn more about their services and trading conditions.