InvestLite is an online contract for differences (CFD) broker with a range of global markets available to trade online, including Forex, Cryptos, Stocks and Commodities. The broker offers various easy to use trading platforms for desktop, web and mobile devices. They also provide traders with flexible leverage up to 1:500, various account types, convenient funding options, a selection of educational materials and trading tools to support them with their daily trading activities.
InvestLite Review, Pros & Cons
- Multiple user-friendly trading platforms
- Range of trading instruments
- Tight spreads & low fees
- Various trading account types
- Convenient funding options
- Trading guides
- Trading tools
- Islamic accounts
- Dedicated client support
- $250 minimum deposit
- No UK or USA clients
- Inactivity fees
In this detailed InvestLite review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Founded in 2020, InvestLite is an online trading broker where clients can trade markets such as Forex, Commodities, Stocks, Indices, Metals, Cryptocurrencies and CFDs, via the MetaTrader 4 platform on desktop, web and mobile devices. The broker offers competitive and transparent trading conditions, including tight spreads, no commission fees, CFDs on 350+ various assets, and professional analysis tools.
Investlite is operated by Bayline Trading Ltd, a limited liability company incorporated under the laws of Belize bearing company registration number 136374 and regulated by the Belize International Financial Services Commission (IFSC), with license number 000188/91.
Due to regional restrictions, the broker cannot offer services to the USA, UK, Canada, and residents of some other countries. Some of the InvestLite broker features and products mentioned within this InvestLite review may not be available to traders from specific countries due to legal restrictions.
The InvestLite WebTrader trading application puts all the trading reins in your hands. This platform implements an effective and highly consistent trading engine that lets you open and close trades in one click, customize analytical panel to your needs, follow your trading history, and use inherent terminal support to attend to your immediate trading needs. It runs directly in web browsers without any additional installations or downloads required. The WebTrader platform features include:
- Multiple chart types and timeframes
- Technical indicators
- Various order types
- Full history of trades
- Real-time balance level
- Automatic Stop Loss/Take Profit functions
- 1 click account switching
- In-built multi-lingual live platform support
Mobile Trading App
Traders can choose to follow the hottest market trends with quick access to the trading world via the InvestLite mobile trading app, where you can place and manage your trades from any place, anytime. Get full control of your trading game with customizable charts, CFDs on 350+ assets, 60+ professional analytical tools, and a substantial educational hub available for free. The mobile trading platform features include:
- Customizable trading environment
- Real-time balance check option
- Stop Loss/Take Profit set up
- Multilingual professional support
- CFDs on 350+ various assets
- 60+ professional analytical tools
InvestLite also offer the popular MetaTrader 4 (MT4) platforms that so many traders around the globe are already accustomed to using. MT4 has a quick learning curve along with an intuitive user interface and vast array of implemented trading tools. Thus, it is a popular choice amongst CFD traders who conduct market analysis on a frequent basis. Some of the key MetaTrader 4 characteristics include:
- Multiple chart timeframes from 1 minute to 1 month
- Different chat types including bars, candlesticks and lines
- 60+ technical indicators and graphical tools built-in
- Multiple order types
- Set price alert notifications
- Automated trading through expert advisors (EAs)
- Marketplace to download additional tools
- MQL community to share ideas with other traders
- Freely available for desktop, web and mobile devices running on iOS/Android
InvestLite Trading Tools
The provided trading platforms should have more than enough trading tools to satisfy the needs of most retail traders. However, the broker does offer a few additional tools such as an economic calendar and report season calendar which can help with fundamental market analysis.
InvestLite clients can also get free access to the premium service of signal centre, a provider of financial technical analysis and market insight.
Clients of InvestLite get free access to professional learning materials such as trading guides, videos on demand, eBooks, articles and tutorials. These are easy to digest and cover a variety of trading topics suitable for both beginner and more experienced traders.
The broker provides contract for differences (CFDs) on 350+ trading instruments across various asset classes including Forex, Commodities, Stocks, Indices, Metals and Cryptocurrencies.
InvestLite Accounts & Fees
InvestLite has a choice of different account types depending on individual traders’ requirements. Each account has different spreads, leverage, services, volume, and scope of trading activities. The minimum deposit required by the broker is $250 whereas leverage for retail clients is capped at 1:30. Those who qualify as professional clients can request leverage of up to 1:500.
As broker fees can vary and change, there may be additional fees that are not listed in this InvestLite review. It is imperative to ensure that you check and understand all of the latest information before you open an InvestLite broker account for online trading.
The broker provides a dedicated support team where users can instantly share their concerns, ask a question, or provide them with some feedback. InvestLite does everything to make sure you get a prompt response. The support team can be reached via email, live chat and telephone.
InvestLite Deposit & Withdrawal
InvestLite have a variety of convenient methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit/debit card and online payment systems such as Neteller and Skrill. Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal.
Some fees may be charged when using certain payment methods. Withdrawal requests are processed within the same day or next if outside working hours. The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant.
Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries. InvestLite strictly does not accept third-party payments. All funds deposited into your trading account must be under the same name as your InvestLite trading account.
Accounts can be opened USD, EUR and GBP. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.
InvestLite Account Opening
There is a short online registration form on the InvestLite website where you can apply to open a trading account with them. You will need to provide some personal information and form of identification such as a passport scan and proof of address before you can make a deposit and start trading online. This is a normal part of a brokers KYC and AML procedures.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the brokers terms, conditions and policies. Only proceed if you fully understand and agree to them.
What is the InvestLite minimum deposit?
The InvestLite minimum deposit is $250. This is the minimum amount that you have to fund your InvestLite account with in order to trade online with them.
How do I deposit money into InvestLite?
InvestLite deposit methods are bank transfer, credit/debit card and the e-wallets, Neteller and Skrill.
The time taken to for funds to land in your account can depend on the deposit method used. Bank wire transfers may take a few days to clear whereas e-wallet deposits can be instantaneous.
What are the InvestLite deposit fees?
InvestLite do not charge any deposit fees but you may need to pay a fee to your bank or e-wallet provider. If you deposit in a currency other that of which your InvestLite account is denominated in, there will be an applicable currency conversion fee.
How do I withdraw money from InvestLite?
You can withdraw funds from InvestLite using the same methods as you did for making deposits, including bank transfer and the online payment processors, Neteller and Skrill.
The time taken to receive funds can depend on the withdrawal method used. Bank wire transfers may take a few days to clear whereas e-wallet withdrawals are usually instantaneous.
What are the InvestLite withdrawal fees?
InvestLite do not charge any withdrawal fees but you may be charged a fee by your bank or e-wallet provider for receiving funds.
What is the InvestLite commission fee?
InvestLite offers commission-free trading on all asset classes with spreads and swaps payable.
Are there any InvestLite inactivity fees?
Yes, InvestLite charge a rather high inactivity fee of 160 EUR after 60 days if there is no activity on your trading account.
What are the InvestLite account types?
InvestLite have a choice of three accounts to suit the needs of different types of trader. You can choose between the following account types:
- Silver: 1:200 leverage, hedging allowed
- Gold: 1:400 leverage, hedging allowed, dedicated account manager, 25% swap discount
- Platinum: 1:500 leverage, hedging allowed dedicated account manager, 50% swap discount, Free VPS, market news
Is there an InvestLite demo account?
Yes, InvestLite do offer free demo accounts which can be a great way for you to practice using the brokers platforms and master your trading strategies. Demo accounts come preloaded with virtual funds so you can trade risk free until you feel ready to switch over to a real live trading account.
What are the InvestLite spreads?
InvestLite have competitive spreads with no commissions. Whilst the spreads are variable, they do include a mark-up due to the fact that commissions are included within the spread. The spread is the difference between the bid (buy) and ask (sell) price, which is a normal fee that you pay a broker for trade positions that you take on certain trading instruments.
What is the InvestLite leverage?
InvestLite provide clients with leverage up to 1:500, depending on the account type that you choose. Leverage may vary depending on your location and the instruments that you choose to trade.
Leverage allows you to enter a larger position size than you would have been able to without it. Leverage can increase both potential profit and potential loss of a trade. It is therefore of the upmost importance that you have a clear understanding of what leverage is and how it works before you consider trading with leveraged positions.
Leverage is expressed as a ratio, for example if your leverage is 1:500, this means that you can hold a position that is the 500 times the value of your trading account. E.g. If your account had a balance of $1000, you could take a position size of $500,000.
Do InvestLite allow hedging, scalping & expert advisors?
InvestLite do not have any restrictions on trading strategies. You can hedge, scalp and use automated trading systems.
Is there an InvestLite Islamic account?
Yes, InvestLite offers swap-free options on all account types. The InvestLite Islamic accounts function in accordance with Shariah law to support Muslim traders.
What are the InvestLite trading instruments?
With InvestLite, you can trade CFDs on Forex, Commodities, Stocks, Indices, Metals and Cryptocurrencies.
How do I open an InvestLite live account?
It is quick and easy to open a InvestLite account, you just need to complete the short application form on the InvestLite website. You will then be sent a verification email along with your login credentials.
How do I verify my InvestLite account?
Some InvestLite features may require you to verify your account with a proof of identification (passport, driver’s license, identity card, etc) and proof of address (bank statement or utility bill).
What is the InvestLite trading platform?
InvestLite offer their own proprietary platform and the powerful yet user-friendly MetaTrader 4 platform. The InvestLite platforms are available for desktop, web and as mobile apps.
Where can I download the InvestLite platform?
You can download the InvestLite platforms from the brokers website and the relevant app stores on your mobile devices.
Where is InvestLite located?
Founded in 2020, InvestLite is a CFD broker that is registered in Belize.
Is InvestLite regulated?
Yes, InvestLite is regulated under the guidelines of IFSC (International Financial Services Commission) of Belize.
What countries do InvestLite accept?
InvestLite welcome clients from around the globe, excluding the USA, UK, Canada, and some other countries. Their services are not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation.
Is InvestLite a scam?
No, we do not believe InvestLite is a scam. They are a regulated broker with competitive trading products and services.
How can I contact InvestLite support?
The InvestLite customer service team is available to assist you via email, online chat, telephone and social media channels.
InvestLite state that their services are “about offering the online investment services that give each and every trader an opportunity to shine bright on the markets”. The broker does have competitive trading conditions with a range of tradeable CFD instruments across various asset classes, including Forex, Stocks and Cryptocurrencies. You can choose between various trading platforms, including the popular MetaTrader 4 platform that is used by millions of traders all over the globe.
In addition to this, there are some useful trading tools and educational materials provided by the broker in order to assist traders and help ensure a seamless trading experience. They offer quick and easy funding options along with various account types to suit traders of all experience levels and investment size. Furthermore, the InvestLite customer support team are happy to help you as and when required.
Trading Forex and CFD’s carries a high level of risk to your capital. The trading may not be suitable for all investors, so please ensure that you fully understand the risks involved, and seek independent advice if necessary, taking into account your investment objectives and level of experience. You should not risk more than you are prepared to lose. Please ensure you read through the broker terms and conditions of use carefully before making CFD’s/Forex investments.