InvestLite review: Is the broker secure and reputable?

In this review we take a closer look at the new broker InvestLite and analyze if it is a safe alternative to the already established exchanges like eToro and Plus 500.

About InvestLite

InvestLite is a CFD and Forex broker based and regulated in the United Kingdom. InvestLite is the trading name of Bayline Global World Ltd. The company is registered at 69 Brunswick Street, Edinburgh, United Kingdom and has the number SC517838. Furthermore, the platform is controlled by the Belize International Financial Services Commission (IFSC) with license number 000188/91.

InvestLite offers trading with over 350 different CFDs and other assets as well as professional analysis tools. These include stock CFDs, index CFDs, commodity CFDs, precious metal CFDs and cryptocurrency CFDs. The assets are divided as follows:

  • 30 different cryptocurrency CFDs
  • 20 commodities
  • 20 indices
  • 3 metals
  • 60 stocks

The leverage effects provided on the platform comply with the legal requirements of IFCS and are as follows:

  • 1:500 for Forex (FX)
  • 1:125 for indices
  • 1:125 for raw materials
  • 1:50 for securities and shares
  • 2:1 for cryptocurrencies.

The most important information at a glance

✅ Official website: https://www.investlite.com**
✅ CFDs: Crypto currencies as well as commodities, Forex, stocks, indices, metals
✅ Leverage: Up to 500x in the Forex market, 2x on cryptocurrencies
✅ Minimum deposit: 250 EUR
✅ Demo account: Available free of charge and live chat for questions to the platform staff
✅ Deposit and withdrawal methods: credit cards (Visa, Mastercard, Maestro), Skrill, Neteller, SafeCharge, MIR Limited, Wirecard
✅ Also available as an app for Android and iOS

**Risk Warning: 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 our terms and conditions of use carefully before making CFD’s/Forex investments.

Is InvestLite secure and reputable?

InvestLite is regulated by the IFSC and is subject to strict requirements for brokers in the financial sector. One of these requirements is that client funds must be kept separate from the company’s business accounts and thus be safe in the event of bankruptcy. The IFSC license means that the potential for malicious behavior is greatly reduced.

Like other regulatory bodies around the world, the authority sets strict rules. Non-compliance can result in heavy fines for the broker and, in the worst case, the closure of the entire company. The regulation can therefore be considered a seal of approval. InvestLite also uses secure SSL encryption to protect all data in transit. All transactions are transmitted by first level PCI compliance services to securely store and manage all information entered.

All sensitive information is secure during the entire use of the website. The website itself is characterized by a modern design, with no intrusive elements such as pop-ups or advertisements, which adds to the professional atmosphere. In addition, the broker largely avoids over-pricing his advantages; the available information is presented objectively rather than exaggeratedly. Thus, the website presents a high level of reputation to the outside world.

Account types with InvestLite

Before users deposit money, you can also register for a demo account with InvestLite. Inexperienced traders can thus start trading and familiarize themselves with the platform without the risk of losing money. When you are done trying the service, you can invest some money and set up a live account.

InvestLite offers three different account types: Silver, Gold and Platinum. Each account has certain advantages, but also limitations. In particular, the leverage depends on the account type. There are also significant differences in fees, spreads and swap fees, which are 25% lower for gold account holders and 50% lower for platinum account holders. Below you will find the advantages at a glance:

Silver Account

  • Hedging
  • Islamic
  • Amount of FX leverage 1:200
  • Examples of spreads: EUR/USD = 2.2, Gold = 0.59, Crude Oil = 0.07 and Dax 2.0

Gold Account

  • Hedging
  • Islamic
  • Amount of FX leverage 1:400
  • Dedicated account manager
  • Swap Discount 25%
  • Examples of spreads: EUR/USD = 1.3, Gold = 0.48, Crude Oil = 0.05 and Dax 1.5

Platinum Account

  • Hedging
  • Islamic
  • Amount of FX leverage 1:500
  • Dedicated account manager
  • Swap Discount 50
  • Free VPS
  • Customized investment news
  • best spreads: EUR/USD = 0.7, Gold = 0.37, Crude Oil = 0.03 and Dax 1.0

Tools for trading on InvestLite

The platform offers two convenient ways to trade, via a web interface and a mobile application. With the first one, you can access the trading terminal from any PC by simply opening it in a browser. This eliminates the need to download the software and makes it easy to access the software on multiple devices. The mobile application allows for greater mobility by allowing you to access your account easily with your smartphone or tablet.

Available CFDs on cryptocurrencies

InvestLite offers over 30 different cryptocurrencies to choose from, which can be traded either against the US Dollar (USD), Euro (EUR) or the British Pound (GBP). It is important to note that InvestLite only offers CFDs on cryptocurrencies and not “real” Bitcoin. Below is the list of available cryptocurrencies:

  • BAB vs. USD
  • BSV vs. USD
  • BTC vs. EUR, GBP, USD
  • BTG vs. USD
  • DASH vs. EUR, GBP, USD
  • ETC vs. EUR, GBP, USD
  • ETH vs. EUR, GBP, USD
  • IOTA vs. USD
  • LSK vs. USD
  • LTC vs. EUR, GBP, USD
  • NEO vs. USD
  • QTM vs. USD
  • SIC vs. USD
  • USDT
  • XEM vs. USD
  • XLM vs. USD
  • XMR vs. USD
  • XRP vs. EUR, GBP, USD
  • XVG vs. USD
  • ZEC vs. USD

Trade crypto CFDs on InvestLite

Fees

With InvestLite, the customer is not charged any deposit fees initially, nor is a commission charged. However, as with most brokers, InvestLite charges a spread. This is the difference between the bid (sell) and ask (buy) price. The difference is expressed in pips and reflects the cost of opening the position. For the latest spread fees, please visit InvestLite’s official website.

It should also be noted that a withdrawal fee of 50 EUR will be charged if there is little or no trading activity on the client’s account. In addition, the very high inactivity fees must be taken into account, so traders should always consider withdrawing their money when they no longer wish to trade, rather than leaving it on the account.

  • After 61 days of inactivity a fee of 160 EUR or the equivalent in other currency will be charged.
  • After 91 days of inactivity the fee is 120 EUR or the equivalent in another currency.
  • After 181 days of inactivity the fee is 200 EUR or the equivalent in another currency.
  • After 271 days of inactivity the fee is 500 EUR or the equivalent in another currency.

Payment methods

InvestLite offers its customers several simple and secure payment methods. For example, the platform allows its customers to pay via various banking options:

  • Credit card (Visa, Mastercard, Maestro),
  • Skrill,
  • Neteller,
  • SafeCharge,
  • MIR Limited,
  • Wirecard

Conclusion

InvestLite is a broker that is still very young and has yet to prove itself on the market. But the first impressions are good. There is no area that could be described as clearly deficient. The license and further security measures obviously make InvestLite a serious broker. Only the high inactivity fees are a thorn in our side. All in all, however, InvestLite has a versatile set of trading instruments that should satisfy a wide range of traders.

**Risk Warning: 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 our terms and conditions of use carefully before making CFD’s/Forex investments.

About Author

Collin is a Bitcoin investor of the early hour and a long-time trader in the crypto and forex market. He's fascinated by the complex possibilities of blockchain technology and tries to make matter accessible to everyone. His reports focus on developments about the technology for different cryptocurrencies.

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