101investing

101investing is a Cyprus-based CFD broker that was established on 27 September 2020. It is operated by FXBFI Broker Financial Invest Ltd, which has its headquarters in Limassol, Cyprus. The broker provides access to over 250 assets for trading through contracts for difference (CFDs).

According to aggregated industry data, 101investing claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence number 315/16. However, our verification against public registers indicates that this licence is a clone, meaning the broker is not legitimately authorised by CySEC. This discrepancy is a critical concern for potential clients.

The broker markets itself as offering a diverse range of tradable instruments, including forex, indices, commodities, and cryptocurrencies, all via CFDs. The exact number of assets is stated as over 250, covering major and minor currency pairs, global indices, precious metals, energy commodities, and digital currencies.

Because CFDs are leveraged products, they carry a high risk of rapid loss. Traders should be aware that leverage can amplify both gains and losses. The broker does not provide detailed specifications on its product offering on its landing page, but industry databases suggest a typical mix for a retail CFD broker.

Based on available information, 101investing likely offers the MetaTrader 4 (MT4) platform, which is a standard for retail forex and CFD trading. MT4 provides advanced charting tools, automated trading via Expert Advisors, and custom indicators. The broker may also offer a web-based platform or a mobile app, though specific details are unconfirmed from our sources.

Without direct access to the broker’s official site, we cannot verify the full spectrum of platforms. Potential clients should confirm platform availability directly with the broker before committing funds.

The broker is expected to offer multiple account tiers, likely including a standard account and possibly an Islamic swap-free account. Typical features such as variable spreads, leverage up to 1:30 (in line with CySEC regulations for retail clients), and minimum deposit requirements are plausible. However, exact figures are not available from the known facts.

Funding methods may include bank wire transfers, credit/debit cards, and e-wallets, though this is speculative. As the broker is not regulated by a reputable authority, traders should exercise extreme caution with deposits. The clone licence issue suggests that client fund protection mechanisms, such as negative balance protection or compensation schemes, may not be in place.

101investing claims regulation by CySEC under licence 315/16. However, our cross-check with the official CySEC register reveals that this licence is a clone, meaning the broker is not authorised to provide investment services. The real licence holder is a different entity. This fact places the broker in a high-risk category, as operating under a cloned licence is a form of regulatory fraud.

FXCanary's Scam Risk Score for 101investing is 38 out of 100, indicating a 'Guarded' level of risk. This score reflects the unresolved licence issue and the lack of independent user reviews. Traders should be aware that trading with an unregulated or falsely regulated broker can lead to loss of funds with no recourse.

Given the regulatory uncertainty, 101investing is not suitable for risk-averse traders or those seeking a secure trading environment. Experienced traders who understand the risks of unregulated brokers and are willing to accept potential fund loss may consider it, but this is not recommended.

For traders who prioritise regulatory safety, fully licensed brokers under CySEC or other top-tier regulators are preferable. The clone licence issue alone should be a red flag, and we advise traders to verify any broker's licence directly with the regulator before depositing funds.

In summary, 101investing presents itself as a multi-asset CFD broker but operates under a cloned CySEC licence. The company is based in Cyprus and was founded in 2020. While the broker claims to offer over 250 assets and standard trading platforms, the lack of legitimate regulation poses significant risks.

Prospective traders should conduct thorough due diligence and consider alternative brokers with verified regulatory status. The absence of independent reviews and the confirmed clone licence make 101investing a cautious choice for any trader.