101investing Trading Platform – Review, Top Features, Set-up Process, Benefits & more

101investing Trading Platform or MetaTrader 4 also known as ‘MT4’ is one of the best online trading platforms mostly used by online traders for foreign exchange trading.

In this review, we will learn more about 101investing MetaTrader 4 trading platform.

We will also tell you how to set up your own platform for trading, what are its features, tools, etc.

The 101investing online trading platform comes with a great range of added benefits that will enrich your trading experience

This article will also tell you about how to own your trading terminal and the benefits that come with it, so let’s begin.

About 101investing Trading Platform

101investing MetaTrader 4 was released in 2005 as an enhanced version which was released in 2002 by a company called MetaQuotes Software.

The platform is provided as software to clients of foreign exchange traders to whom it’s licensed.

The software has two separate components, clients and servers.

The client component is provided to the customers of the brokers and the server component is used by the broker itself.

Clients can track the live trading prices for foreign currencies, they can place orders and can manage their accounts on the trading platform itself, and see the charts of various price indices for technical analysis.

With 101investing Trading Platform, traders can perform advanced trading functions, do copy trading from experienced traders, run trading robots; that means to get expert advice on trade and analyze the financial Market.

According to a study conducted in 2019, 101investing MetaTrader 4 was still the most popular forex trading platform in the world, even after the launch of 101investing MetaTrader 5.

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101investing Trading Platform – Top Features

Even after launching in 2005, 101investing Trading Platform remains one of the popular trading platforms sixteen years later as well.

This platform boasts an impressive range of features as it is one of the most complete trading platforms.

Since this platform has been holding the position of market leader for a long time, it has been regularly tested and it rarely malfunctions.

101investing trading platform features a wide range of user bases. The platform supports all the major operating systems in both PC and Mobile platforms. Let’s go through all the features in detail:

Slippage:

Even after applying the trading strategy, slippage remains a concern for scalpers as well as traders and is a huge issue for market participants.

This platforms stability and incredibly fast execution help the traders combat this issue with ease and directly impacts your profits.

One-Click Trading:

The platform offers one-click trading. This means that buyers or traders will be able to execute their orders in one go. This is very ideal for traders.

Alerts:

With the alert functionality is so useful for traders. It informs the users of important price movements across all financial markets.

Users can also have access to the email alert’s function. Both these functions can be activated by simple steps.

Technical Analysis Tools:

101investing MetaTrader 4 offers 24 graphical tools and 30 indicators that are built-in.

Other than that, 101investing Trading Terminal has a wide community that develops its technical indicators and code plug-ins, and it allows users to use these custom indicators.

Algorithmic Trading:

Traders can take advantage of automated trading strategies that are developed by expert advisors.

It comes with its own MQL4 IDE programming language and therefore traders are also free to create their trading strategies and indicators.

How to Set up 101investing Trading Terminal?

To learn how to set up your trading account with 101investing Trading Platform and start trading, we need to follow these six simple steps as follows:

Choose a 101investing as your broker.

The first task while setting up the MT4 account is to choose your broker. So, when you’re at this step, choose 101investing as your broker.

Download 101investing MetaTrader 4.

During this process, you will need to download the MT4 trading platform on your computer and install it.

You can even use 101investing MetaTrader 4’s Mobile terminal for mobile devices and web trading terminal if you’re using desktops.

Create an account.

At this stage, you will need to open an account with your broker, be it a live account or a demo account. Process for both is the same nonetheless.

For Demo Accounts:

Visit the ‘Demo Account’ page.

For opening a Live Account:

Log in to the ‘Traders Room’

Click the ‘Open Live Account’ button.

Add and verify your phone number.

Add your details over the following pages. These details include contact information, your tax identification details, and the number of your passport and you need to accept confirmation notice as well.

Read and accept the confirmation notice.

Verify your identity by uploading the requested documents.

Login to 101investing MT4

After creating the account you’ll receive the login credentials on your registered email ID. Use these to log in to your trade account.

MetaTrader Supreme Edition

The MT4 Supreme Edition is a custom plugin that has a wide number of indicators that will help traders.

Add Funds to Your Account

Go to ‘Trader’s dashboard’ and you will be easily able to manage all your finances be it deposits or withdrawals.

Funds may take up to three business days to clear, depending on your payment methods.

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How to Use 101investing Trading Platform?

After creating an account with 101Investing Trading Platform and downloading the software as the above-mentioned steps and logging in with your credentials, you should be able to start trading.

You can open a position by using the order window, then going to ‘tools’ and then you have to click on ‘new order’. The order window will pop up and this will take you to the order window.

The order window contains the following components:

Symbol

The drop-down menu will allow you to choose which market you would like to trade

Volume

For a contract for differences (CFD) account, this is the number of contracts you would like to trade. It means the number of derivatives you want to trade.

Stop loss

If you want to stop the trade, if it moves against the direction you were hoping for. Enter your desired amount here.

Take profit

If you want to use a ceiling amount to lock in profits, enter your amount here.

Comment

You leave a comment here about a specific trade, or you can use this tab to perform the advanced trading task.

Type

You can also select ‘pending order’ if you want to choose the position at which your trade opens.

There will also be an option for instant execution where you can place buy and sell orders instantly,

You can monitor and check your positions, close them and even look at your pending orders.

You can also choose to modify the chart options in MT4 in whichever way you can.

There is also an option to customize your stops and limits on open positions.

You can also set up a price alert, view your trade history, download trade reports, and customized indicators and trading algorithms, and many more add-ons.

Advantages of 101investing MetaTrader 4

101investing MetaTrader 4 is an investor’s paradise.

It has everything a trader is looking for and has all the components that make an online investor successful.

Since it has been the most popular trading platform, it has been updated regularly and made more secure and is the most reliable forex trading platform out there.

101investing web trading platform has made trading on the go so simple and so easy.

Be it Forex or even other financial instruments, trading on MT4 is super simple.

It’s available on all the major platforms and even has a significant mobile presence.

It can be downloaded on both iOS and Android devices.

The Trading Platform has a huge array of tools and features which you can use for trading.

There are major additional features available as well which have been contributed by the community members.

Apart from these features, you can also avail the added benefits of multi-account management features, with which you can use multiple trading accounts without any hassle.

You can also use the expert advice feature and carry copy trades and gain profits. You can automatically execute a trade from these expert advisors.

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101investing Trading Platform – Conclusion

To sum it all up, 101Investor’s MetaTrader 4 is the best forex and other financial instrument trading platform out there and the numbers speak for themselves.

From copy trading to customizable indicators and charts, it’s the most professional trading platform there is.

The downloading and setting up is a hassle-free process and the 101investing MetaTrader 4 Mobile platform and web platform also allow you to access your trading account on the go.

Since its inception, MT4 has added countless brokers and clients to its repertoire because of its reliability, ease to use, and customizable interface

101investing Trading Platform – FAQs

Here is the list of FAQs related to the 101investing trading platform:

What is 101investing Trading Platform called?

It is called 101investing MetaTrader 4 trading platform. It has its own terminal.

Does 101investing MetaTrader 4 also provide web trading? 

Yes, there are also services such as desktop browsers and Mobile Trading platform for mobile devices.

Is 101investing web trading platform free to use?

 Yes, 101investing web trading platform is free to download.

However, it is to be noted that while downloading is free, the platform’s pricing depends on the broker after opening the account.

How to download 101investing MetaTrader 4?

You can download MT4 via these easy steps. For mobile devices, go to the app store and search ‘MetaTrader 4’ and press ‘install’.

For PCs, you need to visit the Meta Trader’s website and from there you can download the software for the terminal.

What features does 101investing online Trading Platforms have?

 It is extremely user-friendly and easy to navigate. Hedging is possible and it provides more than fifty trading tools to the users.

Trading from charts and indicators are extra features that are helpful for traders.

Can I trade in Shares via the 101investing Trading Platform?

 Yes, you can trade in stocks and shares using the 101investing MetaTrader 4 terminal. One can trade up to 75 stocks.

Is 101investing Trading Terminal good?

Indeed. The 101investing MT4 terminal is regarded to be good among traders as it is extremely user-friendly and safe.

Can 101investing Online Trading Platform be used without EKYC?

No, one cannot use the 101investing online trading platform without completing the EKYC requirements to trade.

Does 101investing MT4 Trading Platform provide Tips?

No. The 101investing MT4 trading platform does not provide tips while trading but it has the option of hedging to make the trade risk-free.

Plus, traders can avail themselves of the educational material and learn everything about trading.

How to Buy Currencies via 101investing Web Trading Platform?

One can buy around 30 cryptocurrencies using the 101investing MT4 platform.

You have to first create your account with 101investing brokers and choose the type of account compatible with your trading needs.

After which you can buy cryptocurrencies directly by executing the trade.

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