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InvestLite – Best Online CFD Provider Asia 2020

investlite

InvestLite is a Belize based trading site that offers investment products & services at a low cost. The firm is registered and licensed with the IFSC (International Financial Services Commission). Further, there are several services facilitated by the InvestLite broker that includes, excellent customer support, a wide range of payment methods, MT4 trading platforms, and high leverage.

We would briefly analyse the features and safety of the top broker, InvestLite, in this short write up.

InvestLite Broker: Scam or Legit?

InvestLite is a safe trading site that operated under the Bayline Global World Ltd, which is a licensed financial firm in Belize. The venture is regulated with the IFSC (International Financial Services Commission) having license number 000188/91. The firm is registered with the nation bearing number SC517838. The IT part is safe with the company’s SSL and every level encryptions that makes sure that all the transactions are processed, and every client’s funds are protected.

Furthermore, the trading site is authorised to provide financial assets to all the EEA member states and is operates per MiFID, EU, and ICF (Investors Compensation Funds). The ICF protects the client’s interest, and funds make sure that no fraud activity happens with any customer. Your account balance is also insured up to 20,000 euros, and the client is not allowed to use the customer balance in catastrophic cases like bankruptcy, thus ensuring utter security.

Awards & Recognitions

The firm has grabbed many awards and recognitions in the trading industry in a short span and thus, possess a long future in the brokerage investment market. InvestLite broker won the following awards by top financial institutions and bodies:

“Most Transparent Broker 2020” at Forex Awards 2020 by A+OZ

Best Crypto Broker Asia 2020

Best Online CFD Provider Asia 2020

Forex Awards is a prominent financial event that recognises the financial organisations every year and InvestLite won the top three awards, beating all the other counterparts.

Account Types: Three account types offer retail trading, i.e. silver, gold, and platinum, with InvestLite broker. One can choose any account type, depending upon your expertise. Note that the features offered by the accounts vary in terms of spreads, leverage, and other features. Apart from it, there is one professional, Islamic, and the free demo account is also available for all the customers. Here are the basic details of each retail account:

Silver Account

  • Spreads: 0.07 pips
  • Leverage: 1:30
  • Commission: 0 USD
  • Deposit: 250 USD
  • Execution Type: Market
  • Hedging
  • Tradable assets: 350+
  • Automated Trading: Yes
  • Platforms: WebTrader, Mobile Trader

Gold Account

  • Hedging
  • Platforms: WebTrader, Mobile Trader
  • Free VPS
  • Commission: 0 USD
  • Spreads: 0.05 pips
  • Leverage: 1:30
  • Automated Trading: Yes
  • Tradable assets: 350+
  • Execution Type: Market
  • Swap discount (up to 25%)
  • Deposit: 250 USD
  • Fifth decimal
  • Dedicated Account Manager

Platinum Account

  • Free VPS
  • Fifth decimal
  • Hedging
  • Spreads: 0.03 pips
  • Leverage: 1:30
  • News Alerts
  • Tradable assets: 350+
  • Execution Type: Market
  • Automated Trading: Yes
  • Dedicated Account Manager
  • Swap discount (up to 50%)
  • Commission: 0 USD

Trading Platform: InvestLite broker also offers the Meta Trader4 trading platform that is used by most right brokers in the world. It offers several services and features that facilitate users to make better decisions. It includes the following features:

  • Live chat and dedicated support
  • History of orders
  • 1-click account switching
  • In-platform price alerts
  • Real-time balance level
  • Free educational hub
  • Different execution modes
  • Inherent platform support
  • One-click trading option

Markets and Products: The broker provides 250+ financial assets that include all market types such as shares, commodities, currencies, crypto, and indices. There is no charge on trading, and all the features vary in the kind of product. Below are the details of the top trading assets:

Trading Asset Trading Hours Spreads
(Starting From)
Leverage (Maximum)
EURUSD 24H 0.7 500
GBPUSD 24H 1.3 500
USDJPY 24H 0.8 500
AUDUSD 24H 1.1 500
ADAUSD 00:00-23:59 floating 1:02
BABUSD 00:00-23:59 floating 1:2
BSVUSD 00:00-23:59 floating 1:02
BTCEUR 00:00-23:59 floating 1:02
Brent Oil 03:00 – 01:00 0.03 125
Cocoa 11:45 – 20:30 30 125
Coffee 11:25 – 20:30 0.3 125
Copper 01:00 – 00:15 0.0041 125
3M 16:30-23:00 0.21 50
ADOBE 16:30-23:00 0.21 50
AIG 16:30-23:00 0.21 50
Alcoa 16:30-23:00 0.21 50
CAC 40 09:00 – 23:00 1.45 20
China Enterprise 40 04:15 – 07:00 & 08:00 – 11:25 1.3 10
DAX 30 09:00 – 23:00 1 20
XAGUSD 01:00 – 24:00 0.037 10
XAUUSD 01:00 – 24:00 0.37 20
PALLADIUM 01:00 – 24:00 0.58 10
PLATINUM 01:00 – 24:00 3.1 10


Deposit and Withdrawal:
Several deposit and withdrawal methods facilitate the payment for clients. Note that the processing time for withdrawal might take up to seven days, which is the required duration for verification. The deposit time is instant, and it includes the following methods:

Commissions and Fee: There is no charge on trading any asset with the broker, and the firm only earns through the spreads. There is some inactivity charge that applies after 60 days of the continuous no activity period, and some fee on swap overnight might also be applicable. Apart from it, there is no commission or charge on deposits or withdrawals.

  • Neteller
  • Wirecard
  • SSL
  • MIR Limited
  • VISA
  • Skrill
  • Mastercard
  • SafeCharge
  • Payvision
  • PaySafe
  • VPay
  • Trustly
  • Maestro

Research& Education: InvestLite broker provides top quality content and research material via their educational portal that works to enhance the decision making power of all the clients. Note that the material is useful for beginner and professional traders and includes:

Education:

Articles/Journals: Prominent write-ups for all the updated news and related topics.

Videos: Long and Short animation videos to explain essential topics briefly.

Webinars/Seminars: Seminars by industry experts to get the insides industry nuances

E-books: Online books to enhance the trading and financial knowledge of all the traders.

Research:

Economic Calendar: It posts the significant events related to financing, investment, and trading, that happen over time.

Earnings Calendar: It posts the earnings statement of prominent firms like Amazon, Google, FB, and more, updated every three months.

The Bottom Line

So, this was all about the trading site, InvestLite, that regulates under the IFSC and other governing bodies. You can also try the free demo account by the broker to test features. However, make sure to get some education before trading any asset.

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