101Investing Forex Broker Review (2020) – SCAM

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101Investing Broker Logo

101Investing is a new Cyprus licensed & regulated MT4 Forex CFD broker, owned by; FXBFI Broker Financial Invest Ltd. The official website is at: https://www.101investing.com/.

101Investing Broker Review

Our review of the new broker 101Investing finds, that they offer their traders and investors, the classic MetaTrader4 trading platform. You will find a choice of; the desktop version, along with a web trader or mobile trading apps. 101 Investing offers more than 250 underlying assets for CFD trading. When testing out the demo account, only Forex pairs were displayed. Officially you should find; Forex pairs, Crypto Currency, Market Indexes, Shares, Metals and Commodity.

As a European broker, the maximum leverage available is 1:30. Professional traders already know that they can get up to 1:400. Spreads vary depending on the asset and time of day, so keep that in mind when trading after hours.

Their website and customer support is available in: English, Italian, Spanish, German and Portuguese. The minimum deposit for a new trading account at 101Investing is $250, and they offer a variety of funding methods.

101Investing Brokers Review
101Investing Brokers Review

 

Is 101Investing Legit?

The way that the Scam Broker Investigator determines if a CFD broker is legit or a scam is by checking for a valid brokerage firm license. If your broker is licensed by the governments regulator, then you can assume they will follow the rules, and deal honestly with the clients. Brokers that are licensed by the FCA offer an insurance in the event that the broker becomes insolvent. For complaints or withdrawal problems, read this.

101Investing is a CySEC regulated broker in Cyprus. Their parent company is FXBFI Broker Financial Invest Ltd, and their license number is 315/16. The are located at: 13 & 15 Grigori Afxentinou Street, IDE Ioannou Court, 3rd Floor, Office 301, 4003 Limassol, Cyprus. Contact phone number is: +35780092740 and customer support email address is: [email protected].

A smart investor will always double check, that the broker they wish to invest with, is also licensed and regulated in their local country.

101Investing Trading App
101Investing Trading App

 

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