InvestLite is a broker that meets your expectations, whether you are a beginner or an experienced trader. It is a feature-packed broker that is offering many features along with proper navigation required by a trader. Trading experience has become a lot easier with the broker. Ample trading tools are available with this broker so that the traders can perform well using all the resources.
With this broker, you will also get educational material to understand the market in a better way. Along with this, the broker offers attractive trading features.
It is one of the top forex brokers present in the market. A trader can trade in more than 350 financial CFD instruments, which include forex, indices, crypto, commodities, stocks, and metals. The prolific part is that it is also globally recognized on MT4 trading platforms for web, desktop, and mobile.
InvestLite is an authentic brokerage firm that is regulated and authorized by the International Financial Services Commission (IFSC) operating in Belize. It is the brand name of Bayline Trading Ltd. Traders have the options to choose from three different types of trading accounts. They are Silver, Gold, and Platinum. You are entitled to the maximum leverage of up to 1:1500.
Get access to a huge variety of educational resources starting from trading tips blogs, daily news blogs, tutorial videos, and many more to enhance your knowledge, you can contact the customer support team.
Is InvestLite Legit?
It is a legit platform as Bayline Global World Ltd operates it. It is regulated and authorized by the International Financial Services Commission (IFSC) of Belize. It is also designed to eliminate the risk of traders.
Types of Accounts?
InvestLite offers three different account types to traders. It is your preference to choose among the three trading accounts according to the requirement.
Silver Account
- The Silver trading account offers leverage of 1:200
- No swap discount is available with this account
- The minimum spread of 0.07 pips
Gold Account
- The Gold trading account is offering leverage of 1:400
- A swap discount of 25 percent is entitled to this account
- A gold account entails hedging
- The minimum spread of 0.05 pips
Platinum Account
- The Platinum trading account comes with high leverage of 1:500
- This account is offering a swap discount of 50 percent
- A platinum account entails hedging
- The minimum spread of 0.03 pips
However, these above-mentioned three points are the basis to differentiate between the trading account types. Rest all other things are the same for all accounts. For instance, InvestLite charges no commission on trading accounts, and the number of tradable assets is the same for all. You can access them from the web and mobile trading applications.
Pros and Cons
Pros
The trading features associated with InvestLite make it an ideal broker. When we talk about the pros & cons of the broker, it offers a higher number of pros and negligible cons. Bayline Global Trading Ltd is the parent company of the broker. The brokerage company provides a high number of pros that are:
- GBP/USD, EUR/USD, and other forex trading options
- It requires a min. deposit of $250, which is low as compared to other brokers
- A variety of trading accounts are Silver, Gold, and Platinum
- Regulated by IFSC that ensures the safety of traders and reduces the level of risk
- Different types of leverage levels
- Runs on the MT4 trading platform
- More than 350 trading instruments are available
- The platform is user friendly
- It allows you a dedicated account manager
- Both android and iOS trading applications are available
- The enormous variety of deposit and withdrawal options to choose from
- No commission on trading is levied
- STP trading and forex brokerage model offer easy trading conditions
The negative broker review or the cons associated with the broker includes only the charging of high swap fees. However, huge discounts are available to compensate for swap fees.
Fees
The fees depend upon different factors such as margins and spreads. If you are a trader on InvestLite, you may experience a variance in the fees structure according to the variance in place of residence.
Margin refers to the money that is required in your account to complete a specific transaction. It is calculated based on the volume of the transaction, leverage of your account, and the base currency’s current price against USD.
Deposit and Withdrawal
Although the accounts require a minimum balance to maintain, there is a convenience of payment options to make deposits in different ways according to your preference. In the same way, you can also withdraw funds from your account.
It requires a minimum deposit of $250, but on the other hand, it offers you a wide range of withdrawal options for choosing.
Customer Support
Traders and investors need to make sure that the broker they are choosing is offering faster and more efficient customer support. It doesn’t matter whether you are an active broker or a non-active broker; you might need support sometimes. InvestLite is offering proper support via a variety of ways, such as email, live chat, and telephonic support.
The customer service offered by the brokerage firm can be availed on business days that are from Monday to Friday.
Payment Options Broker Provides:
The broker supports almost all kinds of payment options varying from different kinds of cards, net banking, and other leading payment options. The types of cards supported are Mastercard and Visa. You can select the options at your convenience.
Investment Objectives Provides:
InvestLite is a broker, that provides endless objectives to the traders. Your transactions and trading are fully secured and encrypted using the best security measures available worldwide. The brokerage company offers a lower risk of investment to the investor, and your money is safe with this broker. The educational material offered by it can help you take better decisions and park your money at better investment options. It runs on one of the reliable trading platforms MT4. The broker also allows you to track the real-time prices of stocks, currencies, and others.
The broker’s minimum deposit is on the lower side, and the response of the customer service team is faster than is required by the traders many a time.
Education Material
Before commencing the trading in forex, stocks, commodities, indices, and others, you will require abundant trading skills and information. Proper education can assist you in becoming a successful trader. InvestLite offers educational tools such as tutorial videos, eBooks, global financial news, and others to educate their investors.
Demo Account
InvestLite is a brand name of Bayline Trading Limited. It is offering the feature of a demo account without asking for a minimum deposit from the traders. The demo account lets you trade and improves your skills without investing any amount in the market. Whether you are a veteran or a newbie, the demo account feature will bring benefits to you.
After getting comfortable with the trading environment in your favorite market or asset class, you can go for a live trading account. It would be better if get familiar with the trading platform before opening the live trading account.
Leverage
With high leverage comes the opportunity to explore the market with greater exposure. It is true that higher leverages can increase the risk of loss but can also increase a trader’s revenue. One should approach leverage with proper risk management in the financial market.
The leverage with InvestLite depends upon the type of account you are operating like. Silver Account is 1:1200, Gold Account is 1:1400, and Platinum Account is 1:1500, which is also the maximum leverage offered by the broker. Retail investor accounts lose money in leverage so one has to utilize the leverage very responsibly.
Desktop & Web Trading Platforms
The broker runs on the globally recognized MetaTrader 4 trading platform for both the web and the desktop. The web trader is a trading platform that is easy to use, and the best part is that it is also browser-based, which means it does not require any downloads. Users can trade using multiple asset classes and can access it using web browsers. It also has some other features like:
- Multi-lingual customer support
- Access to your complete trading history
- Multiple assets to choose from
- Cross trading platform
- About 30 technical indicators are present
- Technical analysis using 24 graphical objects
Mobile Trading Platform
InvestLite offers users the ability to trade using mobile trading platforms that are available for both iOS and Android operating systems. The mobile apps also run on the MetaTrader 4 platform. Apple and Google stores offer the facility of downloading. Some features of the mobile apps are:
- Allows real-time price quotes
- Complete trading access to your phone
- The functionality of multiple order type
- Chart analysis and technical indicators are also available
Bonus
The financial service provider offers deposit bonuses to attract a higher business from forex brokers and traders. Activities like these assist traders to choose among the brokers that are present in the market. Bonuses offered to traders are just a refunded or rewarded amount for all the expenses you have made.
It helps traders to convert their expenditure into a nominal one.
Trading Instruments?
InvestLite offers a wide variety of trading options to trade from forex and commodity trading to cryptocurrencies. The traders can trade using the leading cryptocurrencies, stocks, indices, metals, commodities, and forex.
It is offering more than 30 digital coins for trading which is a good number to provide diversification in your portfolio. You can also trade in the leading metals according to the different trading conditions. They are also offering favorable investment services such as 24/5 expert support.
Forex Trading
The brokerage firm broker is also one of the reputed forex brokers that are offering to trade in currencies used all over the world. If you are a person who loves trading forex, this forex broker is ideal for you. As a forex trader, you can trade in exotic foreign currency combinations such as GBP/USD, EUR/USD, USD/GBP, and USD/EUR. It is one of the tools available among the different trading tools of the broker.
Money Protection Schemes
InvestLite is a broker that the governing regulatory organization regulates. It offers a lower risk for the traders. As a regulated forex broker, you can easily trust it, and it is regulated and authorized by the financial body of IFSC. The brokerage company is having the protection of Secure Sockets Layer SSL and authentic firewalls.
This broker follows the regulations of MiFID and EU, and it is also a member of the investor’s compensation fund. They also have high tech IT security, the transactions are encrypted, and other advanced features that ensure secure trading for the traders
What is the license number of one of the leading forex brokers?
The license number is 000188/91.
Conclusion:
InvestLite is a well-recommended forex trading broker that offers many types of features that make it an ideal trading platform for traders. The brokerage firm is owned by respected financial services provider Bayline Global World Ltd. A wide variety of educational material is offered to the traders, which is very helpful. The demo account feature is also available with this broker to enhance the compatibility of the platform. Invest your funds at the right place using the resources available with this platform. It keeps your transactions encrypted, safe, and fully secured.
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