InvestLite review & user ratings

More information about the broker(text provided by the company representative)

What Is InvestLite?

InvestLite is a CFD broker founded in 2020 by UK-based Bayline Global World Ltd, registered and licensed by IFSC to operate trading and brokerage services.

Although InvestLite is a relatively new CFD broker, it is as legitimate as any other legitimate forex broker can be. It is licensed and regulated offshore by Belize International Financial Services Commission (IFSC).

Traders are offered a tight, competitive spread and a leverage ratio of up to 1:500 to allow traders to take a trading position based on InvestLite’s strength.

How To Get Started

To get started, it is important to know the type of account you want to start with. InvestLite offers the following trading accounts:

1. Silver Account – 1:200 leverage
2. Gold Account – 1:400 leverage
3. Platinum Account – 1:500 leverage

Note: InvestLite offers a demo account for all its trading accounts.

All you need to do is apply these steps:

1. Sign up by visiting the official InvestLite website and filling out the required personal details.
2. Upload all required identity and address verification documents
3. Choose an account type, and fund your account to start trading.

Accepted Countries

Traders from most countries of the world are welcomed to trade with InvestLite. However, traders in the US and Canada are restricted from trading from InvestLite’s trading list.

Deposits And Withdrawals

InvestLite is naturally accessible when it comes to making deposits and withdrawals. Available payment deposit platforms are Wire Transfer, Mastercard, Maestro, Visacard, VPay, Skrill, and Neteller. The minimum deposit stands at $250.

Likewise, you can make withdrawals to your credit card, debit cards, or via wire transfer. Your withdrawal application will be processed within seven working days.

InvestLite does not charge a commission for withdrawal, but traders may experience deductions as withdrawal fees made by their respective payment platform.

Trading Platforms

MetaTrader4: InvestLite makes use of the MetaTrader 4 platform for trading. It is one of the most efficient trading platforms globally with tons of features, built-in trading tools, and indicators for performing sound trading analysis. You can use the desktop or mobile app version of MetaTrader 4 by logging in with your InvestLite account details.

Webtrader: InvestLite operates a webtrader version that allows traders to trade without using the Metatrader4 platform. Traders can access InvestLite’s webtrader via any secure web browser, thus eliminating the need to install a trading app.

InvestLite’s webtrader version uses advanced trading technology with more than 60 analytical tools and indicators and seven timeframes for monitoring trades even when on the move.

Mobile app: InvestLite’s mobile app is available for download on Google Playstore and iOS iTunes store. The trading app gives users full control of their trades with an abundance of tools, trading charts, access to more than 350 trading assets, and access to free educational resources.

Leverage

InvestLite offers leverage between 1:200 and 1:500 max. You are advised to be mindful of brokers that promise a very high amount of leverage. This is because such leverage is considered risky by regulatory bodies, and it is usually discouraged.

Trading Accounts

InvestLite has three trading account types:

Silver Account

The Silver account requires a minimum deposit of $250 and will give you access to 0.07 pips. Its forex leverage is 1:200.

Gold Account

This account requires a minimum deposit of $250, and you get 0.05 pips with leverage of 1:400.

Platinum Account

The Platinum account offers the highest forex leverage of 1:500. It offers 0.03 pips and also requires a minimum deposit of $250.

Fees & Spreads

Generally, InvestLite will deduct 50 Euro if there is little or no trading activity on your account. Fees charged by InvestLite on dormant accounts can amount to 160 Euro for accounts inactive for up to 91 days.

Market Instruments

InvestLite trade in a couple of instruments, which include:

• Cryptocurrencies
• Energies
• Stocks
• Indices
• Metals and,
• Commodities

Customer Support And Resources

InvestLite offers accessible customer support. You can quickly reach their customer support representative via phone, email address, and live chat. Thankfully, they run a 24/7 customer support system. Also, they facilitate multilingual support chat.

Phone: + 442080972824

Email address: support@InvestLite.com

Is InvestLite Safe Or A Scam?

Going by InvestLite’s positive reviews,  licensing, and regulatory body (one of the strictest financial regulatory bodies worldwide), it is absolutely safe to say InvestLite CFD brokerage is not a scam brokerage service. Positive traders’ testimonies and reviews attesting to the genuineness of InvestLite abound on the internet.

Conclusion

InvestLite traders enjoy very competitive trading conditions, more than 60 analytical tools and indicators, no commission on deposit and withdrawals, educational resources, etc., to help them achieve their trading goals. Also, traders can trade in over 350 CFD assets with a minimum of $250 required for funding new trading accounts.