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InvestLite is a global CFD trading platform operated by Bayline Global World Ltd., a company based and registered in the UK. It is owned by Bayline Trading Ltd., a company registered and regulated in Belize by the Belize International Financial Services Commission (IFSC). The award-winning platform provides an eye-catching user interface and offers both beginners and experienced traders an opportunity of cross-trading in a secure environment.
The following InvestLite review will provide you with all the important information and features of this modern CFD trading platform. Since some details may become outdated, we recommend you check out the official website to view the platform’s latest news.
CFDs, or Contracts for Difference, are an innovative financial instrument which lets you invest in asset derivatives, thus removing the need for you to trade the actual asset. Trading CFDs presents a number of advantages, including lower fees, faster orders and no requirement to protect your assets. When using this instrument you can take advantage of leverage to open bigger positions. Trading CFDs is considered to be a high-risk investment due to the use of leverage. You should only invest in CFDs if you understand the risks and can afford to lose some or all of your capital.
InvestLite is a regulated CFD trading platform which puts security as its top priority. The platform implements several measures to ensure user and financial data are protected. In addition, it segregated user accounts, protecting them against insolvency. Apart from never being successfully hacked, the platform has won awards for being the Most Transparent Broker and the Best Crypto Broker in Asia.
Designed to cater to both novice and experienced traders, the InvestLite trading platform is split between a browser version and a mobile version. Once you open an account, you will have access to both platforms and will be able to use them concurrently to your advantage. Both platforms provide you with a full range of markets, including stocks, indices, commodities, and cryptocurrency CFD. You can also trade Forex on InvestLite.
User-friendly and intuitive, the InvestLite WebTrader puts you in full control of your trading activity. No software download is required, and the trader works across all modern web browsers. It integrates fully with Meta Trader 4 and offers a full list of features, including live balance, multi-lingual support, and one-click trading.
Available for download on both Android and iOS smartphones and tablets, the InvestLite mobile app keeps you in control of your trades no matter where you are. Just like the WebTrader, you can integrate with Meta Trader 4 whilst accessing useful features, including a customisable trading environment and over 60 analysis tools.
You can find the links to download the mobile app from InvestLite’s website. Simply click on ‘Platforms’ on the main menu and select ‘Mobile app’.
InvestLite is a cryptocurrency CFD trading platform, not an exchange. As a result, it does not offer a crypto wallet, nor does it allow you to buy or sell coins directly. The platform does provide you with an account where you can store fiat currency, but you can only use this currency to invest, and cannot send or receive money from third parties.
Opening an InvestLite account is fast and easy, thanks to the online account opening form accessible from the website. Apart from English, the platform caters to Spanish, Arabic, and Thai speakers.
InvestLite offers a selection of trading accounts designed to match your trading frequencies and requirements. Apart from offering Islamic and Professional accounts, the platform offers three types of retail investor accounts:
These accounts provide varying levels of benefits, including increased leverage and fee discounts. The Platinum Account also provides you with access to news alerts and a dedicated account manager.
To open your InvestLite account all you need to do is:
Upon completion of the account opening process, you should receive a confirmation email from InvestLite. It is important that you click on the confirmation link to activate your account.
Once you have created an InvestLite account you can log in at any time. Simply follow these steps:
Should you forget your password, you can click on the ‘Forgot password?’ link located below the login form.
In line with global industry standards, InvestLite requires that all users verify their account before withdrawing any funds. You can complete this step during onboarding or at any point after that. To verify your account you will need to provide:
Additional documentation or information may also be required.
Buying Bitcoin CFDs, along with all the other derivatives available on the platform, can be done in just a few steps. All you need to do is:
The optional limits available are ‘Stop Loss’ and ‘Take Profit’. It is highly recommended that you activate these safety mechanisms as they can protect your investment whilst you’re not overseeing it. You should be aware, however, that during times of high market volatility, these tools may not function.
It is important to remember that CFDs are complex trading instruments which come with a high risk of losing money rapidly due to leverage. You should consider whether or not you fully understand how CFDs work and make an informed decision on whether you are willing to take the high risk of a substantial loss. Once you are ready to close an open position on InvestLite, all you need to do is:
Once the order has been closed, the relevant fees will be deducted and the balance will be deposited into your InvestLite account. From there, you can transfer it out to your bank account or re-invest it.
InvestLite lets you invest in over 30 cryptocurrencies with up to 1:2 leverage. Apart from letting you trade popular coins, such as Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC), the platform specialises in lesser-known ones, such as Basecoin (BAB), Bitcoin SV (BSV), and Bitcoin Gold (BTG).
InvestLite is available in many countries around the world, but only open to users over the age of 18.
You can open an InvestLite account if you’re located in any country not listed in the excluded section below. Supported countries include Thailand, Malaysia, Vietnam, and the Philippines. South American and Arab countries are also expected to be supported shortly. Since the platform is continually updating its rules, you will be immediately notified if your country has become supported or not during the onboarding stage.
The main countries which are currently excluded from opening an account with InvestLite are the US and Canada. Additional countries may be added from time to time.
InvestLite generates its income by charging fees to its users. Part of these fees goes towards maintaining a secure trading environment and upgrading the user interface to modern standards.
Although InvestLite is an online CFD broker, it does not charge commissions on CFD trades. Instead, the platform’s primary fee is the spread. Easily described as the difference between the buy and sell price of a contract, the spread is automatically calculated for each pair.
Every derivative available on InvestLite has a set time of day known as the “end of day”. Any positions open beyond this time which make use of leverage are subject to a financing fee, better known as the swap. This fee varies across derivatives, and you can get up to 50% off this fee depending on your account type.
When investing in pairs with a base currency different from yours, a currency conversion fee may apply. This fee varies by currency, and you will be able to view the value of the new currency before confirming the transaction.
Although most payment methods do not incur additional charges, depending on your country of residence and selected mode of payment, a charge may apply. You will be notified of this fee before confirming your payment, and you can get in touch with customer care if you have any further questions.
If your account is inactive for over 60 consecutive days, an inactivity fee is automatically charged. Initially, this fee is equal to €160, whilst accounts which are inactive for over 90 days are charged a further €120. Inactivity fees continue to be charged monthly until the account sees any form of activity or funds run out. Withdrawing funds from an account with little or no trading activity may incur a fee of €50.
The main limits associated with InvestLite relate to deposits. In order to fund your account, you will need to deposit a minimum of $250 or equivalent in another currency. Maximum deposits vary based on the payment method selected.
InvestLite lets you fund your account using a variety of payment methods. Deposited funds must match the currency of your account. The platform supports payments in USD, EUR, and GBP. The main supported payment methods are:
Different options may be available to you based on your country of residence. When using a debit or credit card, customer care might require you to send proof of card ownership.
It is important to remember that CFDs are complex trading instruments which come with a high risk of losing money rapidly due to leverage. You should consider whether or not you fully understand how CFDs work and make an informed decision on whether you are willing to take the high risk of a substantial loss.
Trading security is the platform operator’s primary concern, which is why it has a number of security measures in place. Although the majority of these measures are kept secret as a precaution, publically-available details show that InvestLite uses:
In addition, the platform requires that all users create strong passwords, combining characters with symbols and numbers.
InvestLite offers a number of support options to get instant help. The fastest and most convenient way to get in touch with a representative is through the live chat option. Account holders can also contact the team via telephone, email or via a support ticket. In addition, the platform provides a detailed and useful FAQ sectionwhere you can find answers and links to common issues. To help you improve your trading experience, InvestLite has an entire section of its website dedicated to educational resources.
Whilst the platform is continually introducing new features and trading pairs, it does not usually inform its audience until they are available. The best way to stay up to date with the latest InvestLite news is to follow it on social media and read Cryptimi News daily.
Both InvestLite and eToro give you access to a wide range of popular and lesser-known cryptocurrencies, although only eToro gives you the option to buy certain coins and store them in your wallet. eToro provides a more transparent fee structure and offers significantly more features, including Portfolio and investment insurance.
Plus500 is known as the world’s leading CFD trading platform, offering over 2,000 assets and derivatives. At only 350 assets, InvestLite is certainly the smaller of the two. Both platforms offer extensive and useful educational support, including demo accounts. Plus500 is available in significantly more nations and languages than InvestLite.
You can trade on the go using mobile apps from both platforms, however, Trading 212’s option ranks much higher on Reddit and other forums. InvestLite does not offer any investor compensation scheme, whereas Trading 212 does in certain jurisdictions. Both platforms offer a helpful customer care option and multi-lingual support.
InvestLite provides a good base from which new investors can launch their operations. It offers a good balance between functional options and competitive fees. You can invest in a wide selection of cryptocurrency CFDs as well as alternative markets, such as commodities and stocks. Users are supported via customer support and video tutorials, making InvestLite an all-together good CFD trading platform.
Yes, once you open an account you will be able to access the demo environment for free.
The platform is owned and operated by registered companies which are regulated by their respective national authorities. InvestLite maintains a positive reputation with key partners including payment providers and is the holder of two international broker awards.
The platform is not a cryptocurrency exchange, so you cannot buy or sell Bitcoin or Altcoins. InvestLite is a CFD trading platform where you can buy and sell cryptocurrency derivatives.
Although you can start trading without a verified account you will be subject to limits. You must verify your account before withdrawing your funds.
eToro is one of the leading, fastest-growing, multi-asset trading platforms that offer trading in stocks, cryptocurrencies, commodities, and more. Only cryptos are available in the US. Highly volatile unregulated investment products. No EU investor protection. 68% of retail investor accounts lose money when trading with this provider. You should consider whether you can afford to take the high risk of losing your money. Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
Plus500 is one of the leading trading platforms that offer CFD trading in shares, indices, forex, cryptocurrencies, ETFs and options.
Plus500UK Ltd authorised & regulated by the FCA (#509909). 80.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.