It is not easy to invest blindly. Everyone values their money and so we know how people beforehand check many broker websites. Often visiting and reading many broker websites all of which have different uses of language. The wording can be confusing sometimes. Choosing an online broker like 101 investing can be difficult. For someone who is just starting, the first few problems can come in the form of what could be a complex mobile or online trading platform, having hard to understand investment jargons and incoherent fee structures. In our review of 101 investing we breakdown the pros and cons.
Reliability and capability matters in every relationship. Here also both qualities are important for successful online trading. The first step is to ensure the broker is not fake and your investment is in safe hands or not. the second important thing is to make sure your broker's profile matches with your needs. so that you could have a good, long term profitable relationship.
- A Demo account, which is also known as Virtual Portfolio.
- Advanced financial chart comparison tools are offered by 101 investing platform
- Researched back analysis is offered on the financial market and investment by top analyst
- This 101 investing platform can be used on multiple devices including Apple Mac computers and also online through the Web browser
- Both new traders and seasoned experts are offered easy to use the tool by 101 investing.
- 15 different languages are provided in the platform of 101 investing, making it more user friendly and helpful
Safety of 101investing
Whenever choosing a broker like 101 Investing the two most important part is its administrative body and regulatory status. Conducting trades without any supervision of any authority is a Broker's discretion. Always remember, any capital that you ever invest is always at risk.
101investing Pros and Cons
PROS OF 101investing
Used by over 2,000 101investing users and traders
Established in 2016
Regulated by Cyprus Securities and Exchange Commission (CySEC)
Min. deposit from $250
CONS OF 101investing
- Does not allow scalping
- Not FCA Regulated
101Investing Broker Review: Account types
Three main accounts are offered by 101 investing. You have silver, gold, and platinum. All of these accounts have an unusual advantage. The most substantial and most extraordinary benefits are varied in minimum deposits, fees, and services. Make sure to check them out the next time you’re surfing on 101Investing’s website.
Many brokers in the market have fees, and so do 101Investing. But I would like to talk about their inactivity fee here, in case you're not punctual and not keen on trading frequently, in this case, you will have to pay. Inactivation for a prolonged period will lead to the broker imposing fees.
These are some of the important information that we suppose you must know before beginning your relationship with Brokers. Through this article, the Major pros and cons have been explained to you but in case you are interested in more details, you can find more information about their accounts on their website at 101investing.com.