InvestLite Review
Our InvestLite forex broker review team analyzed every aspect of this new brokerage – from safety measures to account benefits – to see why it stands out as one of the best for beginner traders.
Regulated by the trustworthy International Financial Services Commission (IFSC), InvestLite’s selection of 350+ instruments allows you to create a diverse portfolio. This forex broker also has its own fund protection measures in place to further ensure your trading safety.
Continue reading our InvestLite review to find out about its zero commissions, low spreads, 1:500 leverage, and much more.
- Max Leverage: 1:500
- Spread:0.03 pips
- Forex Licence:IFSC
A new broker with experience?
Although InvestLite started operations in 2020, it has already obtained a trusted license (no. 000188/91) from the International Financial Services Commission (IFSC). This is partly because of the solid reputation its parent company Bayline Trading Ltd. holds in the financial services industry. Founded in 2013, this parent company has weathered tough economic conditions and, therefore, has years of trading experience.
The IFSC is a reputable regulatory body that closely monitors top brokers to ensure they don’t engage in malpractice. Alongside this, our InvestLite review team discovered that the broker has its own safety measures:
- Negative balance protection is in place to prevent you from losing more money than you have invested, especially when using leverage.
- Account segregation means that the broker cannot misuse your funds and protects them against bankruptcy.
- Investor compensation fund exists to ensure that you receive compensation if the brokerage cannot fulfill its financial obligations.
Overall, our InvestLite broker review found that its safety regulations are beyond sufficient and in line with the international standards.
What accounts does InvestLite offer you?
One of the best illustrators of the quality of this broker is its diverse account options. With InvestLite, you will find three main options to choose from:
Silver account:
- Deposit: 250 USD
- Spreads EUR/USD0.07 pips
- Commission: 0 USD
- Order Size: 0.01 lot
- Tradable assets: 350+
- FX leverage up to 1:200
- Available as an Islamic account
- Hedging allowed
Gold Account:
- Deposit: 250 USD
- Spreads EUR/USD: 0.05 pips
- Commission: 0 USD
- Order Size: 0.01 lot
- Tradable assets: 350+
- FX leverage up to 1:400
- Swap discount of 25%
- Available as an Islamic account
- Hedging allowed
Platinum Account:
- Deposit: 250 USD
- Spreads EUR/USD: 0.03 pips
- Commission: 0 USD
- Order Size: 0.01 lot
- Tradable assets 350+
- FX leverage up to 1:500
- Swap discount of 50%
- Available as an Islamic account
- Hedging allowed
Our InvestLite review discovered that regardless of the account you use, the broker gives you free access to an extra demo account with $10,000 USD of virtual funds. Our experts agree that this is a great tool to help you practice your online trading skills without financial risk.
Although the broker doesn’t charge you to make transactions, there is an inactivity fee. This starts after 61 days of inactivity and initially costs €160. After that, there is a monthly inactivity fee of €120 after 91 days, €200 euros after 181 days, and €500 after 271 days.
Don’t worry, this fee is very easy to avoid. All you need to do is open or close a position to show your account is active. Our InvestLite broker review team agrees that the benefits of trading with this broker completely outweigh the avoidable charge.
How can you fund your InvestLite accounts?
To fund your accounts, InvestLite gives you an array of payment options. These include wire transfers, credit/debit cards, PaySafe, SSL, DECTA, and many more. No matter which payment method you choose, InvestLite doesn’t charge you to make deposits or withdrawals.
Our InvestLite review team found that the brokerage processes deposits within minutes and withdrawals within seven working days.
Learn about InvestLite’s trading platforms and tools
InvestLite provides you with 350+ CFD options that range from currency pairs, crypto, stocks, and indices. To trade these assets, InvestLite gives you access to mobile and desktop versions of MetaTrader 4 that sync together to allow you to switch between them when trading.
This award-winning software features a great range of tools that cater for beginners and advanced traders. The two versions are:
- WebTrader – 90% of brokers around the world use this desktop version of M Its main features include: a customizable trading environment, an analytical panel, a full history of your trading, trading robots, 30 built-indicators, a daily news digest, and live support.
- Mobile Trader – this mobile version of MetaTrader4 provides you with the same tools as WebTrader, but is more compatible with iOS and Android devices. For example, its one-tap trading option and scaled-down charts are great if you like trading on the go. The push notifications are also essential if you want to keep up to date with the latest market signals.
MetaTrader 4 uses the latest encryption technology to keep your online trading safe. The combination of 350+ assets and top-rated trading software impressed our InvestLite review team.
Does InvestLite offer any bonuses?
It’s true that many brokers offer you varied promotional bonuses to attract new clients. However, our review of InvestLite found that, due to regulatory restrictions, this brokerage can’t use these onetime promotions.
Therefore, InvestLite concentrates on giving you the best fixed trading terms and conditions all year round. These include a maximum leverage of up to 1:500, low spreads, and quality educational materials.
InvestLite’s customer support
Our InvestLite review team tested the forex broker’s customer support department and found it answered our questions efficiently and professionally. There are three ways in which you can reach this broker:
- Via phone: +27108807931 or +442080972824
- Via email: [email protected]
- Via live chat on the website (mobile compatible)
The customer support is available Monday to Friday, between 06.00 – 15.00 GMT. We recommend that you consult the FAQ section, which is accessible within the live chat, before you get in touch with an agent as it provides you with in-depth answers to common queries.
Should you trade with InvestLite?
We recommend signing up with InvestLite if you want to trade 350+ assets of commodities, stocks, and cryptocurrencies with some of the best trading conditions on the market.
With its trustworthy IFSC license and three different fund protection mechanisms, Our InvestLite broker review found that this new broker takes your trading safety seriously.
Overall, InvestLite’s exceptional trading terms and conditions, safety features, excellent training materials, and responsive customer service prove that it’s a top-rated broker. Open your account in just a few minutes today to start trading with InvestLite.
Company | InvestLite |
Website | https://www.investlite.com/ |
Headquarters | 5 Cork Street, Belize City, Belize |
Established | 2020 |
Languages | 2 |
Deposit Methods | Credit/debit cards (Visa, Mastercard, Maestro), Wire transfer, Neteller, Skrill, SafeCharge, MIR Limited, Wirecard, DECTA, SSL, Orange Pay, Payvision, PaySafe, Emerchant pay, VPay |
Frequently Asked Questions (FAQs)
Can I trust the InvestLite broker?
Our review above shows that you can definitely trust the InvestLite broker. Why? Because it holds a license from the International Financial Services Commission (IFSC). This trusted regulatory body closely monitors the activity of this brokerage to ensure it doesn’t engage in malpractice. InvestLite also uses additional measures such as account segregation, investor compensation fund, and negative balance protection to protect your trading funds.
Can I trade Crypto at InvestLite?
Yes. In fact, there are a variety of crypto assets you can trade with this broker. Open an InvestLite account with a minimum deposit of 250 USD to enjoy maximum leverage of up to 1:500, low spreads, practice demo accounts, award-winning trading platforms with automated robots, and much more.
Is InvestLite a scam?
It is definitely not, as it holds a license from the IFSC. This regulatory commission monitors InvestLite to ensure all its activity is legal and in line with international standards. Also, our expert review team checks every broker we write about to see if it has a history of malpractice and if it holds solid regulatory licenses.
How do I open the InvestLite account?
In order to sign up with the InvestLite, you simply need to provide basic information such as your full name, date of birth, place of residence, email address, personal ID, bank statement/ utility bill, and employment details. Once InvestLite’s customer support team has verified your account, you can start trading.
How do I get a premium account at InvestLite?
Our InvestLite review has determined that there is no specific premium account available. However, you can choose the highest-ranking Platinum account to get the best trading terms available.