101investing Trading Account – Review, Types, Process, Benefits, Charges & more
Last Updated Date: Nov 15, 2022Find out all details about 101investing Trading Account here.
Mohamad Saleh founded 101investing in 2016. 101investing is not a publicly traded business.
It is governed by CySEC, a financial sector regulating organization that ensures financial traders’ and investors’ protection in the securities market.
As we are aware that a decent trading account is required for every trader in the market to have a safe and successful trading experience.
Let’s have a look at this one of the top online forex brokers’ trading accounts.
101investing Trading Account and Benefits
There are several advantages to using a 101investing trading account.
A trading account with 101investing offers a wide choice of services.
A trader might examine the various sorts of accounts to see whether the features are appropriate for his needs.
101investing brokers provide a choice of trading accounts from which a trader may choose depending on his or her skills and requirements.
The simplest demo account with virtual money may be used by beginner traders to familiarise themselves with the trading platform and profit.
To keep an account, it is important to choose a suitable account after evaluating the charges and minimum balance conditions.
This is done so that you may still benefit from your transactions after paying the whole cost.
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101investing Trading Account Charges
| Trading Account Charges | ||||
| Account Type | Silver | Gold | Platinum | Pro Exclusive |
| Initial Deposit | $250 | its $250 | $250 | $500,000+ |
| Spread | from 0.07 pips | starts from 0.05 pips | from 0.03 pips | from 0.03 |
| Commission | No | Not charged | No | No |
| Leverage | 1:30 | 1:500 | its 1:500 | 1:500 |
101investing offers three retail trading accounts, named Silver, Gold, and Platinum, to potential traders.
Each one offers increasingly larger advantages, such as lower spreads or more leverage.
In addition, a professional account upgrade known as Pro exclusive is available.
And to qualify as a professional trader and choose the pro-exclusive 101Investing online trading account, a customer must have a portfolio worth more than $500,000.
The minimum deposit money required for opening a silver, gold, and platinum account with 101investing is USD 250.
Types of 101investing Trading Account
| Types of Trading Account | |
| Trading Desk Type | No dealing desk, STP |
| Min Deposit | $250 |
| Maximum Leverage | 1;500 |
| Mini Account | No |
| Premium Account | Yes |
| DEMO ACCOUNT | Yes |
| Islamic Account | Yes |
| Segregated Account | Yes |
| Managed Account | No |
| Institutional Account | No |
| Suitable for beginners | Yes |
| Suitable for professionals | Yes |
| Suitable for scalping | Yes |
| Suitable for daily trading | Yes |
| Suitable for Weekly trading | Yes |
| Suitable for swing trading | Yes |
After we’ve gone through the costs, let’s have a look at the different types of trading accounts 101investing provides.
The specifications differ based on the type of trader and their trading style.
As a result, a variety of options should be available to satisfy the needs of various types of traders.
101investing offers a wide range of options to satisfy the needs of all traders, whether they are new to the industry, beginners, or seasoned pros.
Here is the list of the various types of trading accounts 101investing provides:
101investing Account Opening and Trading Process
Because 101investing is regulated by the Cyprus Securities and Exchange Commission (CySEC), every new customer must pass a few simple compliance tests to confirm that you understand the risks of trading and that you are permitted to trade.
When you establish an account, you will most likely be asked for the following information, so have it available:
A scanned copy of your passport, driver’s license, or national identification card in color
a three-month utility bill or bank statement showing your address.
Give at least 3 minutes to complete the account opening procedure, which includes answering a few simple compliance questions to verify your trading ability.
While you may be able to explore 101investing’s site right away, you will not be allowed to place any trades until you pass compliance, which might take several days depending on your scenario.
To begin the process of creating an account with 101investing
- Select the Open Forex Account option below. A dialogue window would appear, inviting you to fill in your information.
- Complete the form and submit it. The broker will contact you as soon as they get your submission.
- Fill out the KYC form, which is a required step.
- Your account will only be confirmed once your KYC papers have been received by the broker.
- Your login credentials will be sent to you after verification.
As your verification process is completed, go to the 101investing trading website and log in.
- Click after entering your Login information.
- Take a tour of the whole trading platform and familiarise yourself with the user interface.
- Start with a demo account and keep an eye on the market. Alternatively, watch the educational video section to learn about trading methods.
- You are now ready to trade.
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101investing Trading Account – Features
| Trading Features | |
| Educational Services | Yes |
| Social Trading / Copy Trading | No |
| Trading Signals | No |
| Email Alerts | Yes |
| Guaranteed Stop Loss | No |
| Guaranteed Limit Orders | No |
| Guaranteed Fills / Liquidity | No |
| OCO Orders | No |
| Trailing SP/TP | Yes |
| Automated Trading | No |
| API Trading | No |
| VPS Services | Yes |
| Trading From Chart | Yes |
| Interest On Margin | No |
| Offers Hedging | Yes |
| Offers Promotions | No |
| One-Click Trading | Yes |
| Expert Advisors | No |
| Other Trading Features | No |
Features provided by 101Investing trading accounts are too many to start the list with. To make it simpler, here is the list of features offered to brokers if they use 101Investing trading account:
101investing online trading account provides educational services to its users so that they can gain more knowledge, especially beginners can learn how to trade and the tips and tricks to survive in the forex market.
It provides email alerts to its customer base so that they remain updated. There is no guaranteed stop-loss or limit orders feature, nor does it provide an automated trading option, but it does offer Trailing SP/TP to its users.
Traders with a 101investing trading account can use the VPS services provided by it.
The trading from chart feature helps the traders to mark their entry and exit points and take an idea from other traders.
The most important feature that the 101investing trading account provides is the feature of Hedging. Traders can hedge their trades to remain risk-free and not lose money due to market volatility.
It offers a one-click trading feature that further eases the trades traders want to execute.
The listed features are lucrative enough for traders to choose 101investing as their forex broker.
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101investing Trading Account – Conclusion
We’ve attempted to cover everything about the 101investing online trading account in this post, from account types to payment requirements to all of the services it offers.
One of the greatest alternatives for trading money and booking gains is the 101investing trading account.
If you have any concerns, compare this broker to others on the market to see which one best matches your needs and trading style.
101investing Online Trading – FAQs
Here is the list of FAQs related to the 101investing Online trading account:
Does 101investing trading account provide Online Trading?
Yes, with a 101investing trading account traders can trade online without any hassle. This trading account eases the trader’s at-home trade execution.
What are the Commission Charges in the 101investing trading account?
The commission charges for a trading account vary according to the type of account opted for.
But for opening a 101investing forex trading account, traders need not pay any commission.
101investing does not charge its users any extra fees to open the account, although yes, there is the minimum account deposit requirement that varies according to the type of account chosen.
Does 101investing trading account provide Demo account Trading?
Yes, 101investing offers a demo account that comes completely free of charge.
It also has 1000 USD worth of virtual money with which traders can try out real-life trade executions and learn trading before jumping onto playing with real money.
Is trading Free at 100investing?
Fees vary according to the type of account chosen.
There is no commission charged for opening a 101investing trading account, but other charges like charges during deposit or withdrawal of money charge if an account is left unused for a longer period, etc,
Does 101investing trading account provide Spot Metals Trading?
Yes, 101investing trading account allows its users to trade commodities.101investing offers customers the ability to trade spot metals.
Traders may trade with a range of precious metals and start earning gains right away.
What are Spot Metals Trading Charges at 101investing?
Depending on the type of account used for trading, spot metal trading charges differ in 101investing trading accounts.
Does 101investing trading account provide Stock Trading?
Yes, traders can trade in several stocks offered by the 101investing trading account.
It also provides more other investment options like cryptocurrencies and commodities.
What is Spread at 101investing?
101Investing’s spreads aren’t the greatest, but they’re still pretty acceptable in our perspective.
Higher account levels have lower spreads, such as the Platinum account, which has spread as low as 0.3 pips.
For more details, you can refer to the article above.
Is 101investing safe for trading?
101investing is considered safe since it is regulated by the Cyprus Securities and Exchange Commission, which keeps an eye on its activities (CySEC).
The money that traders put into their 101investing accounts is kept in a separate bank account.
Does 101investing provide Trading Tips?
No, 101investing trading account does not have the feature of providing tips for trading.
But it does have very elaborate educational resources and trading tools with which the users can learn and trade efficiently.
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