InvestLite is a new CFD broker that opened in October 2020, by the same owners as TradeATF.
They are officially owned and operated by: Bayline Global World Ltd, and located at; 69 Brunswick Street, Edinburgh, United Kingdom, and Bayline Trading Limited, 5 Cork Street, Belize City, Belize. Contact phone number is: +442080972824, and the email address is: [email protected]. Official website is: https://www.investlite.com/.
For complaints or withdrawal problems, read this.
InvestLite Broker Review
InvestLite offers investors and day traders like yourself, the classic MT4 CFD trading platforms. Officially they have available for CFD trading, a few hundred underlying assets in all categories: Crypto, Forex, Stocks, Commodities and Market Indices.
When we signed up for a demo account, we only saw Major Forex pairs, and Gold / Silver listed for trading. Investors will quickly see that this broker offers, the MT4 web-based and desktop trading platform, along with mobile apps.
Standard leverage / margin rates on Forex / Currency trading is between 1:100 and 1:500 depending on account type. Their indicative spreads start at 2.5 pips. Minimum deposit requirement for a live trading account starts at $250. In South Africa, their options for deposits is either ZotaPay or Bank Transfer.
See the Best MT5 brokers, look here.
Crypto Trading Apps
WARNING! Before using an automated trading app like Bitcoin Era, or Bitcoin Code, make sure you read this article.
You should know that most trading systems promoted on Instagram are worthless, and you will lose money! Find a broker that gives you free trading signals, look here.
Is InvestLite a Licensed Broker?
Yes, InvestLite is licensed and regulated in Belize, by the International Financial Services Commission (IFSC) with license number 000188/91. However, this doesn’t really offer protection for investors from Malaysia or the United Arab Emirates.
The correct way for new investors to research their online broker to determine if the broker is a legit company, or a scam broker, is by verifying a valid government license. When you see that your broker has a license, and you have verified it with your governments regulatory agency, then you know they are a legal broker. Trading with a licensed broker, usually means that you will not have problems withdrawing your money.
Compare Brokers
Hundreds of online brokers are all vying for your business, and there are a few brokers that have been around for many years, making them a popular choice, see here.
CM Trading is a well established FSCA regulated Forex broker in South Africa. They offer the Sirix trading app with Copy Trading. Setup a Free Demo Account at: CMTrading.com.
What was your experience investing with Invest Lite Brokers? Please share your feedback in the comment section below.