The cryptocurrency market is surging to levels last seen in 2017 as both retail and institutional investors stack up on Bitcoin (BTC) and other cryptocurrencies. Trading platforms are cropping up at a rapid pace competing to onboard new crypto users by improving the overall user experience and features in the crypto exchange market – further making it harder to select the right platform for you.
In this article, we focus on one of the right crypto exchanges offering a secure, easy-to-use, and professional all-in-one trading solution – InvestLite
InvestLite Trading platform
InvestLite is a web-based and mobile trading platform offering over 350+ contracts for difference (CFDs) in multiple asset classes including commodities, forex, stocks, indices, metals, and cryptocurrencies. InvestLite, operated by Bayline Global World Ltd., is a limited liability company incorporated under the laws of Belize bearing company number 136374 and is regulated by the Belize International Financial Services Commission (IFSC).
The exchange has a registered office address in the United Kingdom at 69 Brunswick, Edinburgh. The payments are controlled by Bayline Global World Ltd. on behalf of Bayline Trading Limited.
Contact InvestLite support
Address: 69, Brunswick, Edinburgh
Email support: [email protected]
You also can directly chat with a trading assistant on the website for a faster response.
Advantages of InvestLite
- Offers over 350+ CFDs on multiple assets.
- Fast customer service support.
- Abundant methods of payment.
- Easy-to-use interface for beginners and professional traders.
- High leverage for professional traders.
- Low leverage for retail clients.
- Contact support not available during weekends.
Trading markets on InvestLite
As mentioned above, you can trade over 350+ different CFDs on InvestLite including precious metals, over 20+ commodities, 30+ crypto-assets, stocks, indices, and forex. Here is a list of some of the asset pairs available on the exchange:
- Commodities – Energies (crude oil, natural gas, and coal), and agricultural raw crops (soy, cocoa, corn, sugar, etc.).
- Precious metals – Gold, Silver, Platinum, Copper, etc.
- Forex – US Dollar (USD), Great Britain Pound (GBP), Euro (EUR), Japanese Yen (JPY), etc.
- Indices – FTSE100, the Dow Jones, and Nikkei225, etc.
- Stocks – Amazon, Berkshire, Apple, Facebook, etc.
- Cryptocurrencies – Bitcoin (BTC), Ethereum (ETH), XRP, Litecoin (LTC) among others.
Margin trading and Leverage
InvestLite offers a wide range of leverage to its users with professional traders getting up to 1:500 leverage on their trades. Retail traders enjoy lower leverage on their margin trades than the pro traders. Nonetheless, leverage is determined by a number of factors including the trader’s account type, the asset being traded, the timing of the trade, and knowledge in trading.
Retail customers are offered up to 1:200 leverage on forex trades, while cryptocurrency pairs (which bear more risk and volatility) are offered leverage of 1:2. Professional traders enjoy up to 1:500 on forex pairs, 1:400 on gold, 1:200 on silver, 1:10 on Bitcoin-fiat trades, and 10X leverage on equities.
Deposits and withdrawals
InvestLite offers multiple payment options that you could use to transact to and from the exchange. Typically, a deposit transaction will take minutes to complete while a withdrawal takes anywhere between 2-4 business days to complete depending on the selected payment method.
Some of the deposit and withdrawal options include:
- Debit and credit cards such as VISA and MasterCard.
- Direct bank transfers.
- Wire transfers.
Types of Accounts on InvestLite
There are three main InvestLite accounts you can choose from – Silver, Gold, and Platinum accounts. Each of the accounts offers you different functionalities, fees, spreads, discounts, and leverage on the trading platform.
|Highest Leverage (Forex)||1:200||1:400||1:500|
|Swap discount||X||√ (at 25%)||√ (at 50%)|
|Dedicated account manager||X||X||√|
How to start trading on InvestLite
There are four easy steps to follow for you to start trading on the InvestLite trading platform.
1. Register an account
2. Fill in your personal information
In the next step, enter your personal information including your date of birth, area of residence, address, and ZIP code. It takes less than 2 minutes to complete.
3. Verification of documents
Once all your personal information is filled, submit your identification documents including a valid passport, personal identification document, or any other government-issued document. Await a response from InvestLite on the verification.
4. Deposit and Trade
Once verified, you can use any of the multiple depository methods valid on the exchange to fill up your wallet and start trading on over 350+ CFDs on multiple asset classes.
Transaction Fees and charges
After learning about the different CFDs available to trade on InvestLite and the process to begin trading on the platform, this section focuses on the transaction charges and trading fees on the trading platform.
InvestLite does not have any hidden costs, fees, or charges. The exchange charges competitive trading spreads between the makers and takers. Each asset offers you different spreads depending on leverage, the asset class, and timing:
Forex: 0.7 – 1.4
Indices: Between 1 – 1.45
Cryptocurrencies: Floating rate
Commodities: 0.0041 (for copper) – 30 (Cocoa)
Metals: 0.037 – 3.1
InvestLite also has a vast collection of educational material for their customers to make your trading more professional and simpler. The trading platform offers trading articles, videos on demand, eBooks, courses, tutorials on InvestLite, trading signals, and daily news to keep you up to date on the fundamental sentiments of the market.
InvestLite Trading also boasts of one of the best referral programs for its customers yet. The program offers up to $800 in bonuses for bringing new clients to the platform.
Fast customer care
The IinvestLite contact support team offers fast responses to your questions, feedback, and queries. Despite only being available from Monday to Friday from 4.00 AM to 2.00 PM GMT, the team works round the clock to provide solutions efficiently and quickly.
All in all, the rise of customer-friendly exchanges such as InvestLite opens an easy gateway for new traders to start taking up positions on multiple asset classes. The addition of cryptocurrencies on the market further entices users to flock to the platform to bet on the innovative space.
InvestLite’s UX/UI platform is also driving up more clients to the exchange offering both professional and retail traders an effective and secure platform to complete their trades.