InvestLite Review – Is it a Scam or Legit Broker (2021)

Information source:
The source of this information is the website and the broker's trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.

In this InvestLite Review, we are going to take a look at the offer that this broker prepared for its traders. InvestLite operates on the financial market since 1995. When it comes to trading platforms, the broker features WebTrader. The InvestLite minimum deposit is 250 USD.

Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Warning: InvestLite is not regulated on the financial market in the European Union, Australia, New Zealand and the United States of America. If you plan to trade with the broker make sure it has the necessary licenses to operate in your country (if needed).

Basic information from this InvestLite Review

Website address: https://www.investlite.com/
Operated by: Bayline Trading Ltd.
Licensed and authorised by regulatory bodies: IFSC
Supported languages: English and Portuguese
Customer support available via: E-mail, phone, live-chat
Contact details: [email protected] +442080972824
Available deposit methods: Debit and Credit Cards, Vpay, bank transfers, Skrill, Neteller
Available withdrawal methods: Most likely the same as the deposit methods
Minimum deposit: 250 USD
Min. trade in lots: 0.01
Spreads: Typical spread on the currency pair EUR/USD - 0.7 pips * on standard account type
Tradable assets: Forex
Mobile app: Yes
MetaTrader 4: Yes
Other trading platforms: WebTrader
Leverage: up to: 1:400
Social trading: No

More information about the broker

(text provided by the company representative)

General Information - InvestLite.com Review

In this post, we will review one of the trading platforms for trading forex, cryptocurrency, and other assets - InvestLite.com.

General Information

InvestLite is a broker platform for trading Forex and CFDs. The platform is operated by Bayline Global World Ltd, a UK registered company, and it is regulated by the IFSC - Belize International Financial Services Commission. InvestLite services are offered mainly to traders in the UK and other parts of Europe. Services are not available for traders in Canada, the United States, and some other countries. This broker guarantees full trading transparency. There are more than 350 assets to trade, while traders have access to local and international markets. Apart from Forex, the CFDs you can trade on InvestLite include cryptocurrency, indices, stocks, commodities, and metals. For cryptocurrency trading, InvestLite offers Bitcoin CFDs and 30 other altcoins, including Ripple and Ethereum. There are over 20 indices CFDs available, including DAX and NASDAQ. Also, they offer 150 stock CFDs for Amazon, Facebook, Apple, etc. Furthermore, there are over 20 commodities to trade, including Gold, Silver, Platinum, etc.

Features

Some of InvestLite’s top features include:

●      Zero deposit commissions

Unlike most brokers, you are not charged any commission when you deposit money into your InvestLite trading account. This strengthens the platforms’ full trading transparency stance and promotes fair trading.

●      Over 30 analytical tools

InvestLite is a sophisticated trading platform with more than 30 analytical tools. As a result, it boasts of a high analysis potential. It will be easier to investigate the various markets and yield information to make a profit.

●      Cross-platform trading

Being a cross-platform trading platform implies that you can access InvestLite via web browsers, desktop, tablets, and mobile devices.

●      High leverage

You can get leverage up to 1:400 with InvestLite, most especially when trading the forex market. However, such high leverage puts you at more trading risks.

Trading Accounts

InvestLite offers three major trading accounts:

Silver account

  • Forex leverage up to 1:200
  • Metal leverage up to 1:50
  • Indices leverage up to 1:50
  • Commodities leverage up to 1:50
  • Stocks leverage up to 1:20
  • Hedging
  • Multiple base currencies
  • Islamic account
  • Dedicated support
 

Gold account

  • Forex leverage up to 1:400
  • Metal leverage up to 1:100
  • Indices leverage up to 1:100
  • Commodities leverage up to 1:100
  • Stocks leverage up to 1:40
  • Hedging
  • Multiple base currencies
  • Islamic account
  • Dedicated support
  • Dedicated account manager
  • 25% Swap discount
   

Platinum account

  • Forex leverage up to 1:500
  • Metal leverage up to 1:125
  • Indices leverage up to 1:125
  • Commodities leverage up to 1:125
  • Stocks leverage up to 1:10
  • Hedging
  • Multiple base currencies
  • Islamic account
  • Free VPS
  • Dedicated support
  • Dedicated account manager
  • 50% Swap discount

Trading Platforms

As a cross-platform trading platform, there are two main trading platforms supported by InvestLite:
  • Web Trader
InvestLite utilizes the MetaTrader 4 Web trading software. It is compatible with Windows and Mac. Plus, you can gain quick access via a web browser. The Web Trader features automatic take profit & stop loss functions and a full history of trades. You can switch between your trading accounts with just one click. Not to mention, it displays a real-time balance level. Furthermore, it has over 24 graphic objects and 30 technical indicators.
  • Mobile Trader
InvestLite uses the MT4 Mobile Trader app as the trading platform for Android and iOS devices. Interestingly, the mobile trading app features more than 60 professional analytical tools, while there are more than 350 tradable assets. Nevertheless, it supports ‘take profit’ and ‘stop-loss’ set up. Plus, you can fully customize your trading environment. Furthermore, the trading app features seven different timeframes.

Customer Service

InvestLite offers support via a variety of channels. You can start a LiveChat for a fast response or send an email to [email protected]. Support is also offered via phone call and a contact form. The platform features a variety of resources to help users. This includes eBooks, articles, VOD, tutorials, courses, and daily news. Likewise, they provide an economic calendar, report season calendar, and trading signals.

Security

There are several measures to ensure that InvestLite investors and their investments are secured. InvestLite uses trading servers located in 70 SAS-certified data centers that lessen the risk of a breach. Apart from having strict firewalls in place, their data servers are encrypted for communications and other transactions.

Conclusion

As a versatile broker platform, InvestLite enables you to trade over 350 assets. Not to mention, users are provided with access to over 30 analytical tools to make well-informed decisions when trading across diverse markets. However, you should note that trading CFDs is a risky investment and you could lose your funds if you don't trade wisely.

InvestLite Fees (typical spreads)

We have scanned fees (typical spreads) that InvestLite charges when trading popular currency pairs, here is their breakdown in pips.
EUR/GBP EUR/USD USD/CHF EUR/JPY GBP/USD USD/JPY
0.9* 0.7* * * 1.3* 0.8*

*Typical spreads were recorded on 12.11.2020 at 16:34 for the standard account. InvestLite spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.

Random reviews of competing FX & CFD brokers: TradeCenter.fm, No1Option, IXSecurities and CooPerMarkets

Frequently Asked Questions

🧐 Is InvestLite a Scam?

In accordance with our research, InvestLite is a broker licensed and regulated by the IFSC. While it is a good thing that the broker is regulated, the IFSC regulatory agency is in comparison to 1st tier regulatory bodies like the CySEC one of the weaker regulatory authorities when it comes to investor protection. In order to be sure that InvestLite is not a scam, read our trader reviews and check other popular trading related websites and forums.

🆓 What is the InvestLite minimum deposit?

In order to start trading with InvestLite, you have to deposit at least 20 USD (Trading accounts can also be held in USD, EUR, GBP).

📵 What deposit and withdrawal methods InvestLite supports?

InvestLite allows funding your account via Debit and Credit Cards, Vpay, bank transfers, Skrill, Neteller.

⚖️ Would you recommend me choosing InvestLite?

We don’t have our own personal experience with InvestLite. However, the broker is regulated by the IFSC which does not provide as strong protection to traders as 1st tier regulatory bodies (Like the British Financial Conduct Authority). Considering that there are hundreds of brokers with stronger regulation and quite highly possibly with better trading conditions too, it makes little to no sense to trade with InvestLite.

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