Best Broker

Investlite Review

Minimum Spread :   0.03
Foundation Year :   2020
Min Deposit $ 250
Broker Trusted Point+5
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InvestLite

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Investlite Broker Review: Providing Everything in Detail – Investlite broker is a Belize based brokerage firm which provides investment services and products to retail traders. The firm is a regulated company and offers low-cost services. The benefits include a free demo account, a wide range of assets, zero commission, free deposits, and many more.

The asset range includes complex financial derivative on shares, crypto, commodity, metals, indices, and more. Here, we’ll read one unbiased Investlite review which would consist of every important detail about the broker. It includes all the services offered, pros, cons, and safety.

Investlite Broker: Scam or Safe?

Investlite is a Belize based investment company and a trademark name of Bayline Global Trading Ltd., which is a national registered firm with number SC517838. The company’s official address is at – 69 Brunswick Street, Edinburgh, UK. Investlite is licensed from the financial body IFSC under the license number 000188/91. Apart from these regulations, the firm is also a member of the Investors compensation fund, follows account segregation, no negative balance policy, MiFID regulations, and EU rules.

Additionally, the IT security by the broker is high tech, with modern advancements such as every level encryption and SSL security.

Overall, the venture is safe for trading and hold a trusted license.

Investlite Pros and Cons

Advantages 

Excellent Customer Service

Impressive Tools Library

Wide Range of Payment Methods

Disadvantages

No service to the US, Canada, Africa, and Asia based clients.

No MT5 Trading Platform

Account Types:

Investlite broker provides three account types, namely, Silver, Gold, and Platinum. Here are some details about these accounts:

Silver

  • Hedging
  • Amount of FX leverage 1:200
  • Available base currencies:
  •  EUR/USD, AUD/USD, GBP/USD USD/JPY, USD/CHF, USD/CAD, NZD/USD, and EUR/GBP. 
  • Islamic
  • Dedicated Customer Support
  • Fifth Decimal

Gold 

  • Hedging
  • Amount of FX leverage 1:400
  • Fifth decimal
  • Dedicated account manager
  • Swap discount 25%
  • Available base currencies:
  •  EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP, and more
  • Webinars & Videos
  • Islamic
  • Dedicated Customer Support

Platinum

  • Hedging
  • Amount of FX leverage 1:500
  • Fifth decimal
  • Dedicated account manager
  • Swap discount 50%
  • Free VPS
  • Customised investment news
  • Available base currencies:
  • EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP, and more
  • Islamic
  • Dedicated Customer Support

 

Trading Platform:

Investlite provides the widely used Meta Trader4 platform to users for trading. The platform is available on mobile, desktop, and web versions and offers several benefits, including:

  • Full history of trades
  • Real-time balance level
  • Automatic Stop Loss/Take Profit functions
  • Multi-lingual support
  • One-click account switching
  • In-built platform support
  • Live support
  • OPERATIONAL FUNCTIONALITY
  • LENIENT EXECUTION
  • COMPREHENSIVE ANALYTICS
  • ENHANCED DATA PROTECTION

Investlite trading Products:

The brokerage firm offers provides investment products from all major market types, which consists of shares, currency pairs, indices, commodities, metals, cryptocurrencies and many. Note that the firm offers complex financial derivative on all products and not the actual possession of these instruments. In total, there are over 350 financial instruments with Investlite.

Symbol Description Trading Hours Spreads (Starting From) Leverage (Maximum)
Currency Pairs
EURUSD Euro vs US Dollar 24H 0.7 500
GBPUSD Great Britain Pound vs US Dollar 24H 1.3 500
USDJPY US Dollar vs Japanese Yen 24H 0.8 500
AUDUSD Australian Dollar vs US Dollar 24H 1.1 500
Cryptocurrencies
ADAUSD Cryptos 00:00-23:59 floating 1:2
BABUSD Cryptos 00:00-23:59 floating 1:2
BSVUSD Cryptos 00:00-23:59 floating 1:2
BTCEUR Cryptos 00:00-23:59 floating 1:2
Commodities
Brent Oil Brent Crude Oil (ICE-EUR) 03:00 – 01:00 0.03 125
Cocoa Cocoa (ICE-US) 11:45 – 20:30 30 125
Coffee Coffee (ICE-US) 11:25 – 20:30 0.3 125
Copper Copper (CME) 01:00 – 00:15 0.0041 125
Shares
3M 3M Company. NYSE (USA) 16:30-23:00 0.21 50
ADOBE Adobe Systems Incorporated, NYSE(USA) 16:30-23:00 0.21 50
AIG American International Group Inc. NYSE (USA) 16:30-23:00 0.21 50
Alcoa Alcoa Inc. NYSE (USA) 16:30-23:00 0.21 50
Indices
ASX 200 ASX SPI 200 Index Future (ASX) 01:50 – 08:30 & 09:10 – 23:00 1.3 20
CAC 40 CAC 40 Index Future (Euronext) 09:00 – 23:00 1.45 20
China Enterprise 40 China H-Shares Index Futures (HKE) 04:15 – 07:00 & 08:00 – 11:25 1.3 10
DAX 30 DAX 30 Index Future (Eurex) 09:00 – 23:00 1 20
Metals
XAGUSD Silver vs US Dollar 01:00 – 24:00 0.037 10
XAUUSD Gold vs US Dollar 01:00 – 24:00 0.37 20
PALLADIUM Palladium (USD) 01:00 – 24:00 0.58 10
PLATINUM Platinum (USD) 01:00 – 24:00 3.1 10

Account Opening:

Opening an account with Investlite is a three-step process which includes the following:

Step 1: Submit all your information with the broker. The website might need personal as well as financial data, including income, DOB, bank details, etc. Notably one would be required to upload relevant documents to support the provided data and verify your identity. Investlite also requires customers to fill a questionnaire for double security.

Step 2: Add funds in your account. One can deposit money through several payment options like Skrill, Neteller, bank debit/credit cards, bank wire transfer, and more. The processing time is instant.

Step 3: Choose an asset and start trading. One can decide from variety of financial products, including shares, currency pairs, crypto, commodities, indices, and many more.

Commissions and Fee:

Investlite broker earns profits through spreads only and doesn’t charge any commission or charges above them. However, there might be some fee on overnight swap charges, penalty on less than required withdrawals, and inactivity fee for not trading continuously for more than 60 days.

Deposit and Withdrawal:

Investlite offers a number of payment options, including:

  • SafeCharge,
  • Neteller,
  • Wirecard,
  • Trustly,
  • Skrill,
  • VISA,
  • Master Cards,
  • Maestro,

The processing time required for deposits and withdrawals are 3-5 minutes and 2-4 business days, respectively.

Leverage:

Investlite broker provides high leverage service to professional traders, and the margin can go as high as 1:500. The highest leverage for platinum account holders is 1:500, gold is 1:400, and for silver is 1:200. Note that the margin keeps changing depending on several factors like account type, asset type, timing, etc. Below are glimpses of some top assets:

Retail Account Leverage:

  • EURUSD – 1:30
  • BTCUSD – 1:2
  • BERKSHIRE – 1:5
  • XAGUSD – 1:10

Professional Account Leverage:

  • EURUSD – 1:200
  • XAGUSD – 1:50
  • BERKSHIRE – 1:10
  • BTCUSD – 1:10

Research:

Investlite offers several research tools to help the customer make better trading decisions. It deeply aids in predicting accurate prices, choosing good entry & exit points, and many more. Research part majorly consists of the economic calendar, earnings calendar, news, and market sentiments analyser by experts.

Investlite Customer Service:

Customer support provided by the company is satisfying, i.e. at par with industry standards. All the executives responded politely and were well mannered. Average response time for all the modes was less than a minute with email and feedback form taking the most time. Assistant were intelligent, rational, and logical and resolved all the queries. Below are some ways to contact the broker:

  • +442080972824
  • +27108807931
  • SUPPORT@INVESTLiTE.COM
  • LIVE CHAT SUPPORT

One can connect with Investlite from Monday to Friday, 06:00 to 15:00 GMT).

Investlite Education:

There is a dedicated education page with Investlite trading website for all the clients. You can choose among varied options which include:

  • Videos
  • Courses
  • Guides
  • Webinars
  • Seminars
  • E-books
  • Articles

All the material is useful for both beginners and advance traders, and one can choose as per his comfort level with the mode. The content helps customers in developing their skill and knowledge base.

The Bottom Line

So, this was the Investlite broker review for every potential trader. It includes every prominent required detail from safety to customer service. The trading website’s UI/UX is also appreciable, and the firm has been able to gather significant clients in a short span.

Further, the brokerage firm is best for beginners, looking for reasonable cost brokers and suitable for advance level traders. However, both types of investors, professional and novice, would not face any significant issues related to trading.

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