• August 28, 2020

    101investing Review [2020 Update]

    101investing.com is a CySEC-regulated broker that offers over 250 CFDs on the MT4 trading platform. 

    We’ve pulled together all the login processes, account options, fees and more to give you the best 101investing review so that if you choose to trade with them you can be confident that you are well informed.

    101investing Review – Company Details

    101investing was founded in 2016 and offers commission-free trading on a wide range of instruments.  It has collected many awards for the array of tools and services that it provides.

    With a full range of educational resources at your fingertips 101investing caters to both new & experienced, retail and professional traders.

    101investing is owned and operated by FXBFI Broker Financial Invest Ltd and is based in Limassol, Cyprus. The company is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC).

    101investing Review – Trading Platforms

    MetaTrader 4

    The MetaTrader 4 (MT4) platform is the most popular and trusted choice among traders and it would me remiss of us not to include it when creating this 101investing review. The platform provides fast, seamless, and reliable trading, with a range of advanced features to suit any investing strategy. 

    Users benefit from:

    • 9 time frames, from one minute (M1) to one month (MN)
    • 24 analytical objects for price forecasting
    • 4 market order execution modes
    • 30 built-in indicators
    • Full trade history
    • One-click trading

    The MT4 platform can be downloaded from the 101investing website and is compatible with Windows and Mac devices. You will need to register for an account to log in and access the platform.


    The MT4 WebTrader gives clients instant access to over 350 assets without needing to download any programs. 

    You access it using your normal web browser and can enjoy 30 indicators, 24 analytical objects, four market order execution modes, and a lot more. WebTrader can be accessed in live or demo mode once you have registered on the website.


    While reviewing 101investing we found that they offer a generous range of CFD products:

    • Forex – Over 45 currency pairs available, including EUR/USD, AUD/USD, and EUR/JPY
    • Cryptocurrencies – Trade over 50 of the most popular cryptocurrencies, including Bitcoin and Ethereum
    • Commodities – Over 15 hard and soft commodities are available, including gold, gas, and oil
    • Stocks – Trade 75+ of the biggest global stocks, such as Amex, Facebook, and Sony
    • Indices – Trade some of the world’s biggest indices, including the FTSE 100 and DAX 30

    101investing Review – Spreads & Fees

    Spreads on forex pairs start from 0.7 pips for the EUR/USD, 0.9 pips for the EUR/GBP, and 1.3 for the GBP/USD. These are fairly competitive but not as low as other brokers, such as FXTM or Pepperstone. 

    For indices, spreads start from 1 point for the FTSE 100, and for commodities, such as crude oil, spreads are around 0.03. Spreads on silver and gold are 0.037 and 0.37 respectively.

    Like many other brokers 101investing has other fees, including swap charges on overnight positions, and an inactivity fee levied on dormant accounts.

    101investing Review – Leverage Available

    Leverage limits do vary depending on the market you are trading in. For retail customers 101investing offers:

    • Commodities – 1:20
    • Indices – 1:20
    • Cryptos – 1:2
    • Forex – 1:30
    • Stocks – 1:5

    For professional clients, the maximum leverage 101investing offers is 1:500.

    101investing Review – Mobile Apps

    With the MT4 mobile app, users can trade on 350 assets with over 30 analytical tools. Clients benefit from instant access to the full package of order types and execution modes, charting tools, trading history, 9 time frames, and in-app chat support. 

    The MT4 mobile app is compatible with both iOS and Android systems.

    101 investing Review – Payment Methods


    101investing offers a few payment options including:

    • Credit/debit card
    • Bank wire transfer
    • E-wallets (Trustly, Safecharge, V Pay, Neteller, Skrill)

    It’s free to deposit funds into your 101investing account and most payments are processed instantly. The minimum deposit accepted is $250. Head to the 101investing client portal to make a deposit.


    Traders with 101investing can withdraw profits using any of the methods listed above. Payments under €100 may incur a withdrawal fee. Users should also be aware of a €50 withdrawal fee if accounts have been inactive for an extended period. Contact the 101investing customer support team for further details.

    101investing Review – Demo Account

    It’s always good to try before you buy and like all leading brokers, 101investing can give you a demo account so you can test the MT4 platform and the broker’s services. 

    It comes loaded up with virtual cash which you can use to trade in live markets and respond to price fluctuations in real-time. It’s a great way for you to test 101investings’ customer support and trade management tools.

    101investing Review – Deals & Bonuses

    As per regulatory restrictions, 101investing does not offer any deposit bonus deals or promotions. 

    They do, however, offer a 25% and 50% swap discount for Gold and Platinum accounts.

    101investing Review – Regulation

    FXBFI Broker Financial Invest Limited (101investing) is regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 315/16. Such regulation requires the broker to segregate client funds in first-class global banking institutions.

    101investing is also a member of the Investor Compensation Fund (ICF) which ensures client funds are compensated in the event of liquidation.

    Additional Features of 101investing.com

    101investing offers a wide range of useful resources and tools for both beginners and experienced traders:

    • E-books on investing basics, advanced analysis, market overviews, etc
    • Courses on strategies, CFDs and stocks, social trading, etc
    • Economic calendar & earnings reports calendar
    • Regular articles, webinars & video tutorials
    • Trading signals

    101investing Review – Account Types

    101investing offers four account types to choose from: Silver, Gold, Platinum, and Pro. 

    The minimum deposit is $250 and leverage limits go up to 1:500 with the Gold and Platinum accounts (for professional clients only) and up to 1:30 for both retail and professional clients with the Silver account.

    All options allow hedging and Islamic swap-free conditions. The Gold and Platinum accounts offer swap discounts of 25% and 50% and come with a range of extra features, including access to webinars/videos, a dedicated account manager, and news alerts.

    Professional traders will need to contact 101investing customer services for information on the Pro account.

    You can open an account fairly quickly with 101investing by filling out the online sign-up form. The form will ask for personal details, investment experience, and security documents, before requesting your initial deposit.

    101investing Review – Benefits

    Advantages of 101investing include:

    • Mobile, web and PC trading platforms
    • Wide range of resources
    • Over 250 instruments available
    • Commission-free trading
    • CySEC regulated

    101investing Review – Drawbacks

    Disadvantages of creating a 101investing account include:

    • CFDs only
    • US clients not accepted

    101investing Review – Trading Hours

    Forex and cryptocurrency trading is available 24 hours a day. 

    Opening hours for stocks are 16:30 – 23:00 GMT. 

    For gold and silver, trading hours are 01:00 – 24:00 GMT but for other commodities, operating hours vary, so you need to check the 101investing website. 

    Similarly, trading hours for indices vary with specific times listed on the 101investing website.

    101investing Review – Customer Support

    101investing’s customer support is available Monday to Friday at 07:00 – 17:00 GMT. There are several contact options available:

    • Telephone – +357 80092740
    • Email – support@101investing.com
    • Online contact form – Contact Us page
    • Live chat – Located on the right-hand side of the website

    Customer reviews do point out that live chat wait times are longer than at other online brokers.

    The broker’s registered address is at 79, Spyrou Kyprianou Ave., MGO Protopapas Building, 1st Floor, 3076, Limassol, Cyprus.

    101investing Review – Trader Security

    101investing ensures industry-standard data safety and security, including strict firewalls and Secure Sockets Layer (SSL) encryption on the MetaTrader platform. Servers are located in SAS 70 certified data centres and all monetary transactions are under Level 1 PCI compliance.

    101investing Review – Verdict

    The CySEC-regulated broker is a good choice for both beginners and experts, with a vast range of educational tools and resources on offer. 101investing offers fairly low spreads and no-commission trading, as well as a demo account upon login. The one area that could do with improvement is the customer support on live chat, which only seems to offer help after you have registered for a live account.

    101investing Review – Accepted Countries

    101investing only accepts traders from Belgium, Bulgaria, Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden, Iceland, Liechtenstein, Norway, Switzerland, United Kingdom.

    101investing Review – FAQ

    Is 101investing.com fake?

    101investing is a legitimate entity. They are owned by FXBFI Broker Financial Invest Limited (101investing) who is regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 315/16. 

    What account types are available at 101investing?

    There are four account types available for retail and professional clients: Silver, Gold, Platinum, and Pro. The maximum leverage for retail clients is 1:30. The maximum leverage for professional clients is 1:500. Higher account tiers benefit from swap discounts, account managers, and additional trading tools.

    How do I open a 101investing demo account?

    You can register for a demo account on the 101investing.com website. Login details will then be shared by your account manager.

    How much capital do I need to begin trading on 101investing?

    The minimum initial deposit required for all accounts is $250.

    What trading platforms are available at 101investing?

    101investing offers the MetaTrader 4 platform in mobile, web, and desktop versions.

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  • August 27, 2020

    eToro Website Review

    Founded in 2007, eToro is an online trading platform that lets users invest in stocks, crypto assets as well as forex and CFDs. The firm began as a platform to understand trading in a fun and easy way. In 2010, eToro successfully obtained its mission to make trading available to everyone without being dependant on traditional platforms. They did so by opening up the world’s first social trading platform where everyone is invited to join the FinTech revolution.

    With their online WebTrader and CopyTrader, even those with minimal understanding can become pros in the world of trading. Today, the Cyprus based company founded by Yoni Assia and Ronen Assia is one of the leading platforms for trading on a global scale.

    The Cyprus Securities Exchange Commission (CySEC) regulates the company while the UK’s Financial Conduct Authority (FCA) authorizes it. The European Securities and Markets Authority (ESMA) also regulates and oversees the trading on this platform across the EU.

    eToro Trading Platform

    Since the launch of eToro’s trading platform in 2010, it has caught the world by a storm. Today, the platform is called eToro CopyTrader, and it uses the trading features of the OpenBook and WebTrader platforms. This means that you can take part in social trading while also getting all the basic and advanced features that are offered by online trading.

    The eToro CopyTrader also introduces unique features for those using this trading platform. A term referred to as “Popular Investor” allows you to make money based on the portfolio you create. If you opt to take part and become a Popular Investor, you open up your trading patterns for others to view. Once you get a certain number of copiers, eToro provides a specific income on the spreads that you pay.

    In par with the Popular Investor, eToro also launched the CopyPortfolios. This launch makes use of artificial intelligence to point out the traders that have the steadiest portfolio and tend to earn double-digit returns on their investment. An investor can then copy this portfolio or specific funds in the portfolio that are likely to provide higher returns.

    Trading Accounts and Demo Access

    To align with its vision of Simplicity and Inclusivity, eToro provides only one kind of trading account. This account is easy to set up, and the minimum deposit marks up to $200, and the minimum trading value is set at $1. If you wish to be a part of the Popular Investor program, the minimum value for live trading stands at $1000.

    If you are new to the fintech and trading world and want to try your hand at the same, you can choose to open a free demo account. Along with the other guides on the eToro website, the demo account gives you a feel of what exactly a trading day looks like while making you familiar with its interface. Once you are familiar with the same and wish to switch to investing real money, you can simply press on the “Real Account” tab and deposit your initial sum.

    Assets and Innovations

    With humble beginnings and great ambition, eToro began as a trading platform for currencies, commodities, and other assets. In 2012, it opened its users up to the global stock market by introducing a wide range of stocks. Today, the company deals with 53 currency pairs, 12 market indices, 957 types of stocks, seven commodities, and 53 ETFs on a global scale.

    The firm has also earned the title of having the largest range of crypto assets and are the pioneers of accessibly cryptocurrency trading. They wish to expand this reach to include a larger number of investments and increase its range.

    Aside from this, eToro has made its platform innovative and accessible through various means. The following are some of the upgrades and innovations that make eToro stand out as a trading platform.

    • Mobile Trading

    Trading is not simply limited to a web browser or installation on a laptop. With the launch of its free mobile app in 2013, eToro opened up the door for its user and introduced on-the-go trading. The users may simply install this app on their mobile phones and get the latest updates about their investments.

    The mobile app is compatible with both iPhone and Android users and ensures fast speed and an easy to use interface. Security is one of the main concerns when it comes to trading apps. With eToro, the app retains the same amount of security as its web counterpart while also retaining all its functions.

    The app also included customer support and a watchlist, so you don’t miss a chance to sell or buy one of your trades at the right time. The latest news delivers through push notifications. The app has regular updates to keep on par with the web application.

    ·      Crypto Wallet

    The Crypto Wallet is a new upgrade that will allow multi-crypto on a chain wallet. The rollout of this upgrade is set to open up a high level of security on the transaction of cryptocurrencies. It supports multi-signature sign in so users don’t have to reveal their primary key. This means they can still view the blockchain transactions.

    The mobile app will also support this upgrade, and cryptocurrencies will be sold through fiat currency. The upgrade will allow conversion from one crypto to another. In the initial phase, the conversion of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin will be allowed. As the crypto reserve expands, new currencies will be added as well. This upgrade will be launched to the platinum users of eToro before expanding its market to all of them.

    Funding and Withdrawal

    When taking part in the fintech revolution and including yourself in live trading, there are multiple ways in which you can fun yourself. You can make use of credit cards such as MasterCard or Visa or connect your e-wallets, including PayPal, WebMoney, and Yandex. Bank wire transfers are also available for those who don’t have access to the previous options.

    If you wish to withdraw your investments, you will have to put in a minimum request of $30. Once the request is made, it takes up to 3 business days for it to process. After this, the money is transferred to your account. The eToro platform also charges a minimum conversion fee and withdrawal fee for each withdrawal made.

    Why Choose eToro?

    eToro is one in many of the trading platforms available globally. What makes it different is its unbridled customer support, revolutionary innovations, and drive to change the face of global trading and the future of fintech. eToro has been globally recognized through various awards and reviews.

    In 2011, the trading platform won the Best of Show at Finovate Europe, making a mark in the global industry. After that, eToro has never looked back and thrived towards new heights. It has received mentions as an innovative platform in the Financial Times, Bloomberg, The Telegraph, and City A.M.

    Furthermore, with a global community of more than 6 million people from 140 countries, the platform has indeed created a name for itself in the industry. eToro prides itself on being a simple, innovative, responsible, and secure model for easy and fun trading in every aspect. The portfolios can be personalized as well as collaborative, and if you’re just starting, you can make use of the many videos and tutorials to educate yourself first. With eToro, join the social trading phenomenon while excelling in trading activities.



    Q. Can I use eToro for Day Trading?

    If you are a beginner in the trading industry and looking to day trade, eToro is the right fit for you. This is because it provides many opportunities to understand live trading through its social trading feature. However, if you are an experienced trader, then choosing eToro for day trading may not be a good idea. This is because the platform charges for spreads are higher than average. Day trading generally involves smaller margins on large volumes, and any profit gains are swallowed up by the additional cost of spreads along with expanding any losses.

    Q. Does eToro provide customer support?

    Customer support is available from eToro’s side 24 hours and on all days of the week. To contact the support team, you can reach out to the concerned department via email. There is also an option to send in a query in the customer support section. This feature is available on the web-based platform, as well as the mobile app.

    Q. What are the trading hours of eToro?

    The platform is available to its users 24/7. However, trading hours may differ according to the market opening and closing time. For example, forex is available around the clock, whereas the Asian markets are available from the start of the week. However, there is at least one market open throughout the world at all times of the day and night.

    Q. What is the maximum leverage available at eToro?

    1:30 is the maximum leverage that you can avail of at the eToro trading platform.

    eToro Risk Disclaimer

    eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

    Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

    Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

    Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

    Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

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  • August 27, 2020

    The Era of Cryptocurrency

    Going back to prehistoric times, when people started transacting, there wasn’t any concept of money. Instead of having a predetermined currency of money like today, people used to exchange services and goods with one another. This exchange came to be known as the barter system. With time, the dynamics of this exchange gradually got revised. 

    Here are the different phases of the evolution of money:

    • Primary period marks the advent of the barter system or commodity money,
    • Second is the commencement of metallic money, or what you refer to as ‘coins,’ were made of various metals like gold and silver, with gold coins having the highest value.
    • The third stage was initiated by the introduction of paper money which was lighter and portable,
    • Ensuing stage gave rise to the establishment of the banking system and introduction to credit money.
    • The following stage triggered the foundation of plastic money or the launch of credit and debit cards.

    Thus in time, the evolution of money has undergone several revisions, and many are yet to come!

     Once again, money is going through a phase of the revolution. Gradually adopting the advanced cutting- edge technologies, the world is going digital. The origination of the latest blockchain technology has taken it a step farther by launching digital money. It can be said that money is experiencing its sixth stage of evolution, and we are stamping into the era of cryptocurrency.

    The first cryptocurrency that came into existence is bitcoin. An unknown group of people contrived it on 31st October 2008, and it was derived from the white paper submitted by Satoshi Nakamoto. When bitcoin was introduced, it was given to people for free, and in the present scenario, the price of 1 bitcoin is close to seven lakh rupees. Earlier, there was only one cryptocurrency in 2008, and if you look at the current day scenario, there are more than 5,000 cryptocurrencies. So just think about the giant leap that cryptocurrencies have taken. While you are reading this blog, there can be a possibility of another cryptocurrency getting deployed. People have already started investing lump-sum amounts in the cryptocurrencies with fantastic returns. Let us have a look at the tricks of the trade and understand where to trade bitcoin. 

    The tricks of the trade with Cryptos

    There are numerous ways to buy and trade cryptocurrencies. It can be purchased on cryptocurrency trading platforms, and several market places facilitate buying bitcoins directly from people. Buying a bitcoin varies from person to person, and you can use various methods such as online, cash, or even bank accounts.

    The preliminary step is to get hold of a digital wallet to store your cryptocurrencies, and it is mandatory for buying one. After that, you can use any of the methods mentioned above to buy cryptocurrencies. There is no restriction on the type of online wallet you are creating.

    Following are examples of different online wallets:

    These online wallets can be

    • a part of any exchange platform
    •  an independent provider
    •  A desktop wallet
    •  a mobile wallet 
    • An offline one like a hardware device.

    Let me provide you with some of the tricks and tips for keeping a digital wallet.

    The first and foremost thing is that you have to keep keys or passwords of your wallet safe. You can’t lose the key or password as that can never be recovered. If you lose it, then that will be the end of your cryptocurrency wallet. Bitcoins or any other cryptocurrencies in your wallet, of value, will be lost on breach of keys or passwords.

    The second thing is to invest according to your budget as the prices of cryptocurrencies go up and down every moment, just like stocks. You can even do bitcoin leverage trading and bitcoin margin trade as well as Ethereum Arbitrage Trading. However,while other times the loss may overshadow your profit, hence invest wisely. 

    One of the easiest ways to buy bitcoin online is by creating an account in an online cryptocurrency exchange. There are several cryptocurrency trading platforms available today. The cryptocurrency trading platforms are secure, and they allow numerous degrees of liquidity. All you need to do is a bit of research on some of the cryptocurrency trading platforms to get the bigger picture. Some exchanges are prone to hacking and might get closed, so you need to be careful. Similarly, you should also research the wallets before getting hold of any of them. Some well-known examples are here below:

    ∙ WazirX

    ∙ CoinDCX

    ∙ Bitbns


    ∙ Coinmama

    ∙ Coinbase

    ∙ Binance

    ∙ Bitmex

    One of the best cryptocurrency trading platforms in the world currently in terms of USDT is Bitfinex, while other high volume exchanges are Coinbase, Poloniex, WazirX, Bitstamp. For meager amounts, the other reputed cryptocurrency trading platforms and the beginner’s cryptocurrency trading platforms provide an excellent service.

    After introducing KYC(Know your client) and ALM(Anti Money Laundering), the security has gradually increased, and most of the exchanges require your complete information to validate your identity. Then only you will be able to open your account. The report includes your id proof, photo, bank account details, proof of address, and so on.

    The transaction is not a big deal as these cryptocurrency trading platforms accepts payments via bank transfers, debit cards or credit cards, UPI, and few are willing to work with Paypal transfers as well. There is a slight transaction fee for every transaction you make, and that includes the cost of using the cryptocurrency network. The transaction might take some time from a few minutes to a couple of days, and it is dependent on the traffic that is a part of the transaction.

    As soon as the cryptocurrency trading platform receives your payment, it will allow you the number of bitcoins you wanted to purchase with that amount. The bitcoins will be deposited automatically in your wallet in the exchange. You can even transfer the funds to your off-exchange wallets.

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  • August 27, 2020

    Is Investing In Bitcoin A Good Idea?

    It is 2020, and if you still don’t know what a Bitcoin is you probably are living under a rock. But for the sake of understanding, we’ll explain the basics very soon. There are a lot of people who still don’t understand what Bitcoin is and how it works. Many still don’t understand how to invest in it. We will be discussing all of it.

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