InvestLite review – Is it worth joining?
Forex trading is already a risky financial endeavor, so it is no surprise that traders are always looking for the most reliable brokerage to trust their trading with. However, finding one like that can often be a time-consuming and complex procedure.
While in many countries the regulatory environment is pretty strong, and most of the brokerages operating there are closely monitored, this is not the case in other corners of the world, where the FX market is only beginning to emerge.
Regardless of how safe the Forex market in your country is, it is always a good idea to take some extra measures to protect yourself – and that’s when the broker reviews come in handy. If provided by reliable sources, they are likely to contain all the information you need to decide whether to join a specific broker.
In this InvestLite review, you will learn more about the unique features that this brokerage has to offer and see if it is a good fit for you. We will address important aspects of InvestLite broker, such as its security measures, trading tools, and instruments, as well as commission fees.
At first glance
The InvestLite broker was first created in 2020, and it is currently based in Belize City, Belize. Despite being relatively young, this broker has already managed to establish itself as a reliable and efficient service provider with an extensive customer base.
The InvestLite website
The first thing we took note of when preparing this review is how pleasant and helpful the broker’s website was. The design is very aesthetically appealing, and it is very easy to find all sorts of information on it.
The latter especially goes a long way to show that the broker can be trusted because it is not trying to hide anything from its potential customers. The InvestLite Forex broker gives a full disclaimer on anything ranging from the licensing information to the breakdown of the commission fees.
Trading terms and conditions
One of the most prominent factors behind the success of this brokerage is the terms and conditions of the trading that it has to offer. The opportunities for profit with this broker are plentiful, and are likely to satisfy the needs of the trader, regardless of their previous experience or the trading strategy.
A good example of the attractive trading conditions would be the leverage that this broker has to offer. With InvestLite you can use leverage as high as 1:500, which means that you can increase your overall earning by x500.
Another great feature of this broker is the variety of trading instruments that it offers to its clients. With access to 350+ assets to trade, you will easily be able to keep your portfolio diverse, and resistant to major market fluctuations.
Finally, the InvestLite withdrawal and deposit are not subjected to any additional commission fees, which means that unlike the other brokerages, with InvestLite you get to keep your funds to yourself throughout your trading sessions.
As mentioned earlier, InvestLite was only created in early 2020, however, it has already managed to prove itself as a qualified enough brokerage to possess an official regulatory authority. Its official license number is 000188/91.
The Belize-based International Financial Services Commission (IFSC) is the regulatory body that constantly monitors the efficient functioning of this broker, and will be the one taking disciplinary measures if any illicit activities are determined.
So, can InvestLite be trusted? It certainly can be, and here is why. On top of receiving continuous external regulation, this brokerage implements its own, additional security regulations that ensure the safety of its clients, which namely are:
- Segregation of funds
- Negative balance protection
- Customer protection fund
With the combination of an official license successfully obtained, and with an additional set of safety measures in place, this broker can definitely be considered trustworthy.
We will now have a closer look at what kind of trading accounts does this broker has to offer and what kind of trading software does it use. As we have already mentioned, this information can easily be found on the broker’s website, which, although not very decorated, is definitely very user-oriented and clear-cut.
There are three main account types that you can get with this broker: silver, gold, and platinum. Moreover, Investlite broker offers a free demo account that you can use to practice your trading skills before starting to trade with actual money.
On top of that, InvestLite brokerage provides swap-free accounts to its Muslim users. By using those, you can avoid interest rates in the overnight trading sessions.
Having gone through a number of various InvestLite reviews, we have once again confirmed that the experts seem to agree that the account options that this broker has to offer are both flexible and full of some very interesting features.
Here is the breakdown of the main features of each of the main account options:
- Silver account: will require a minimum deposit of 250 USD, and will give you access to 0.07 pips and a leverage of up to 1:200.
- Gold account: will also need a minimum deposit of 250 USD, and with it, you will get 0.05 pips and a leverage of up to 1:400 – 1:500
- Platinum account: is the highest tier account, which, for the minimum deposit of 250 USD, will offer you 0.03 pips for spreads and a leverage of up to 1:400/ 1:500.
As for the trading platforms available, this broker offers an option to trade via PC or from a mobile device. The InvestLite MT4-based software has been deemed both efficient and very reliable. Moreover, with a mobile app, you will no longer need to rush home to react to the relevant market developments, as you will be able to access the marker wherever you are and whenever you want.
InvestLite’s tools and instruments of trading
While safety is, without a doubt, an important factor when choosing a brokerage to join, the profitability of trading with one is not any less important. InvestLite broker offers a good choice of trading tools and instruments that ultimately help you work out a trading strategy that works best for you.
As mentioned earlier, by trading with InvestLite you can have access to leverage of up to 1:500, which, in turn, can significantly increase your profits with way less initial deposit required. Nevertheless, trading leverage can be quite risky, as you might end up losing more than you have invested.
For that reason, InvestLite FX brokerage offers an extra layer of security to its traders in a form of the negative balance protection mechanism. Put simply, what this means is that you will not lose more than you have originally deposited, and will not end up indebted to your broker.
As for the trading instruments, with InvestLite you can choose from as many as 350+ trading assets. The main ones include:
- Currency pairs
Assessing a variety of the trading instruments that the broker has to offer is a good way to determine how reputable and, potentially profitable it is. Moreover, by having access to a lot of different trading instruments, you will be able to diversify your portfolio and protect it from market volatility.
Deposit and withdrawal with InvestLite
An important feature that we have considered while forming our own InvestLite opinion is the deposit requirements, and how easy it is to both make the deposit and withdraw your funds. In regards to the deposit, we have already mentioned that the minimum requirement is 250 USD for every account option.
The process of both making the deposit and withdrawing our funds was very smooth, hassle-free, and relatively fast. It only took a couple of minutes until our deposited funds appeared on our account, while the withdrawn funds took a couple of days to be successfully transferred to our bank account.
Overall, we can easily say that the depositing and withdrawal mechanisms with this broker are functioning very smoothly, and are no different from the internationally accepted standards of service.
What are the payment methods available with InvestLite?
When it comes to the payment methods that cater to the deposit-making and withdrawal of funds available with this broker, the sheer variety of the options is nothing short of impressive. If you were still wondering whether InvestLite scam is actually a thing, we suggest that you have a closer look at various payment methods that are available with this broker:
- Emerchant pay
- Credit/debit cards (Visa, Mastercard, Maestro)
- Orange Pay
- Wire transfer
- MIR Limited
If that variety was still not enough to convince you that this broker is, indeed, legit, let us also tell you that InvestLite does not charge any account-related commission fees, including the deposit and withdrawal fees.
Instead, the only fee that you will come across is a small commission for the account leave, that can easily be canceled by just deleting your account completely.
How good is the customer support with InvestLite?
One other factor that we always pay attention to when conducting a review of any broker is how efficient, helpful, and accessible is its customer support. Very often, the success of one’s trading session will depend entirely on how easily and how fast customer support is able to offer assistance. Thus, it is no surprise that it is an important component of the overall InvestLite rating.
There are a number of ways in which you can reach InvestLite for assistance – you could do it via the live chat on its website, via email ( at firstname.lastname@example.org ), or via phone ( +27108807931/ +442080972824).
The customer support is available from Monday to Friday, during the usual trading hours – 06.00 GMT – 15.00 GMT. Our experts have determined that the specialists working with the traders’ queries are very friendly and customer-oriented, and were able to resolve every issue that was put in front of them promptly.
Moreover, on the broker’s website, you will be able to find an extensive Frequently Asked Questions (FAQs) section, that could also serve as a source of a lot of useful information and answers to most of the questions that you might have.
Does InvestLite offer any educational materials?
A good indicator of the broker’s reliability is the availability and the variety of the educational materials that it offers to its traders. A good broker will not only facilitate a safe trading environment and profitable terms and conditions of trading but will also contribute to your success by offering you a set of relevant skills and knowledge.
With InvestLite you will be able to get anything from video tutorials and articles, and video material on-demand, to e-books, and online courses. Moreover, InvestLite provides a variety of analytical articles and daily news digest, so that its traders are always updated on the latest market developments.
Is InvestLite legit – the final verdict
The overall goal of this review was to determine whether or not InvestLite broker is legit, or is it yet another scam that is marketing itself as a brokerage. However, we have found that this broker is in no way a fraud, and the opposite is actually true.
Let us step back and remind you what makes this broker worth your attention. First of all, InvestLite is an official licensee of the Belize- based IFSC, that constantly monitors its every operation. Moreover, the broker itself implements extra security measures to protect its traders.
Secondly, this broker offers a variety of trading tools and instruments – from the leverage of up to 1:500 to 350+ trading assets to choose from. Although InvestLite opinions vary, they do all agree on the fact that the opportunities for profits that InvestLite has to offer are plentiful.
Finally, InvestLite would be a really good choice for those who are only now getting into the field of Forex trading, as it provides an extensive amount of educational materials that one can use to build confidence in trading.
In conclusion, we believe that InvestLite is definitely worth signing up with, as its combination of various trade offerings. safety, measures, and client-orientation put it among the most trustworthy brokers in the market.