Investlite Broker Review: Providing Everything in Detail – Investlite broker is a Belize-based brokerage firm and brand name of Bayline Trading Ltd that 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 minimum deposit of the broker is 250 dollars. The broker provides excellent trading conditions with more than 350 assets available for trade.
The asset range includes complex financial derivatives on shares, crypto, commodity, metals, indices, and more. Here, we’ll read one unbiased Investlite broker review, which would consist of every important detail about the broker. It includes all the services offered, pros, cons, and safety.
Trading Features:
- Regulated broker
- Operated by Bayline Trading Limited
- Live chat
- Risk-free trading
- dedicated account manager
- Investlite provides mobile trading app and web trading
- An expansive range of asset classes
- High leverage up to 1:500
- Real-time pricing
Investlite Broker: Scam or Safe?
Investlite is a Belize-based investment company and a trademark name of Bayline Trading Ltd., which is a national registered firm with the number SC517838. The company’s official address is – 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 Investor’s compensation fund, follows account segregation, no negative balance policy, MiFID regulations, and EU rules. Your capital is not at risk.
Additionally, the broker’s IT security is high tech, with modern advancements such as every level encryption and SSL (Secure Sockets Layer) security.
Overall, the venture is safe for risk-free trading and holds a trusted license.
Investlite Review: Pros and Cons
Advantages
- Excellent Customer Service
- Impressive Tools Library
- Wide Range of Payment Methods
- leverage up 1:500
Disadvantages
- No service to the US, Canada, Africa, and Asia-based clients.
- No MT5 Trading Platform
Trading Account Types
Investlite broker provides three trading accounts, namely, Silver, Gold, and Platinum. The leverage levels in each account vary. Here are some details about these accounts:
Silver Account
- 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 account
- Dedicated Customer Support
- Fifth Decimal
Gold Account
- 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 account
- Dedicated Customer Support
Platinum Account
- Firstly, you can seek the help of hedging.
- Secondly, the amount of FX leverage you get is 1:500 (professionals)
- Most importantly, you get the fifth decimal option.
- Additionally, there is a dedicated account manager.
- Furthermore, a trader gets an option of swap discount of 50%
- Moreover, there’s free VPS.
- Meanwhile, you get customized investment news.
- In addition to this, there are plenty of base currencies available, for example:
- EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP, and more
- Islamic account
- Dedicated Customer Support
Trading Platforms
Investlite offers the widely used MetaTrader 4 platform to traders and investors for trading. The platform is available on mobile, desktop, and web versions (Web Trader) and offers several benefits, including:
- Firstly, you have a full history of trades.
- Secondly, a real-time balance level.
- Thirdly, an automatic Stop Loss/Take Profit functions.
- Besides, multi-lingual support.
- Moreover, there is one-click account switching.
- Furthermore, the in-built platform support.
- Additionally, live support.
- Likewise, there is operational functionality.
- Lenient execution
- Comprehensive analytics
- Enhanced data encryption and protection
The mobile trading app of Investlie offers smooth navigation and a user interface.
Trading Products
The brokerage firm offers investment products and trading instruments from all major market types, which consists of shares, currency pairs, indices, commodities, metals, cryptocurrencies, and many. Note that the firm offers complex financial derivatives 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
Above all, opening an account with Investlite is a three-step process that includes the following:
Step 1: Firstly, submit all your information to the broker. The website might need personal and 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 traders to fill a questionnaire for double security.
Step 2: Secondly, add funds to 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: Most importantly, choose an asset and start trading. One can decide from various financial products, including shares, currency pairs, crypto, commodities, indices, and many more.
Commissions and Fee:
Most importantly, the 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 for traders, including:
- SafeCharge,
- Neteller,
- Wirecard,
- Trustly,
- Skrill,
- VISA,
- Master Cards,
- Maestro,
Meanwhile, the processing time required for deposits and withdrawals is 3-5 minutes and 2-4 business days, respectively.
Leverage:
That is to say, the Investlite broker provides a high leverage service to professional traders, and the margin can go as high as 1:500. Moreover, the highest leverage for platinum account holders is 1:500, gold is 1:400, and silver is 1:200. Additionally, 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 and Trading tools:
Investlite offers several research and trading tools and charts to help the traders make better trading decisions. It deeply aids in predicting accurate prices, choosing good entry & exit points, and many more. Furthermore, the research part majorly consists of the economic calendar, earnings calendar, news, and market sentiments analyzer by experts. The trading tools offered by Investlite are advanced and are highly customizable.
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. The average response time for all the modes was less than a minute, with email and feedback forms taking the most time. The assistant was intelligent, rational, and logical and resolved all the queries. Below are some ways to contact and customer support details of the broker:
- Phone:+442080972824
- Phone:+27108807931
- Email: support@investlite.com
- Live chat support
Moreover, one can connect with Investlite from Monday to Friday, 06:00 to 15:00 GMT.
Education material that Investlite offers
Investlite offers a dedicated education page for all the traders. Subsequently, you can choose among varied options, which include:
- Videos
- Courses
- Guides
- Webinars
- Seminars
- E-books
- Articles
Above all, the material is useful for both beginners and advanced traders, and one can choose as per his comfort level with the mode. Furthermore, the content helps the trader in developing their skill and knowledge base.
The Bottom Line
So, this was the Investlite broker review for every potential trader. Therefore, it includes every prominent required detail, from safety to customer service. The broker is the brand name of Bayline Global Trading Ltd. In conclusion, the trading website’s UI/UX is also appreciable, and the firm has been able to gather significant clients in a short span. Investlite is one of the best forex brokers in the league. The reason it is a topmost forex broker is the flexibility renders in the trade. The broker’s trading conditions are pretty optimal for forex trading and other trades too.
Furthermore, the brokerage firm is best for beginners, looking for reasonable cost brokers, and suitable for advanced level traders. However, both types of investors, professional and novice, would not face any significant issues related to trading.
FAQs
What is the minimum deposit of trading with Investlite?
The minimum deposit required for opening an account with Investlite is 250 dollars.
Is Investlite a forex broker?
Yes, Investlite is a forex broker. Apart from trading forex, the broker also provides trade-in stocks, cryptocurrency, commodities, Metals, CFDs, indices, and more.
How many account types does Investlite offer?
Investlite offers 3 distinct account types; silver, platinum, and gold account.