Best Forex Education Provider · 2020

InvestLite

Winner of the “Best Forex Education Provider” award 2020.

Bayline Trading Ltd is the brain behind the broker platform InvestLite, and is licensed according to the regulations of the International Financial Services Commission (IFSC) of Belize. Based on the regulations, the broker is designed to provide protection for negative balances, as well as offer accounts for segregated trading. Furthermore, professional traders can get as much as 1:500 FX leverage.

Security of private data is a big deal especially with online transactions, and thus the broker has various security architectures in place to ensure that funds and transactions are safe and secure. The security is implemented according to the requirements of the IFSC regulations; the clients’ funds are segregated from the company accounts, retail clients enjoy protection for negative balance, the platform is a member of the Investor Compensation Fund, adoption of SSL encryption and firewall software, and the implementation of high level encryption of data. The platform is designed to provide both professional and beginner clients with a safe and secure platform for them to effectively make use of the different services offered by the broker. It is interesting to see that this new CFD and FX broker has begun to win awards.

The award

Best Forex Education Provider

The world of forex brokering can be complex for a beginner, and even professionals still need to tread carefully when performing FX transactions or a wrong move could lead to loss of funds. Different brokers provide various types of resources, but InvestLite takes it to new levels by providing topnotch educational resources that are beneficial to the growth and knowledge-base of FX traders on the platform. The educational resources come in different formats, and they are designed to help both the beginner FX trader, and the professional trader. We believe that the award for “Best Forex Education Provider 2020” is well deserved, because we have compared notes with some other FX brokers within the industry, and InvestLite has done amazing with the educational resources it makes available to its clients.

The justification

Why InvestLite won

For a new broker amidst numerous competitors, the platform must be doing something right that has earned them an award in a challenging year like 2020, and indeed they are. Apart from the educational resources the FX broker makes accessible to traders, there are other areas where the platform is performing well. For instance, traders are at liberty to trade on over 350 CFD instruments that span Forex, Cryptocurrency, Indices, Metals, Commodities, and stocks. The trades can be carried out in different parts of the world from the comfort of your office or home, or on your mobile device as you move about from place to place.

Having access to the right information is a good way to help you make informed decisions, and making the right information available to traders, is what InvestLite does. The educational resources that are available to both professional and beginner traders are gotten from the best sources, and are put in place to help traders get more understanding about FX and its workings, as well as recent updates about the FX market and trades taking place. The key to being a successful FX trader is in knowing what to do and when to do it, it is in knowing when to transact and when to hold back on a transaction, and that can only be achieved if you are educated about FX enough to make the right decisions at the right time.

With the educational resources available on the platform, you can go from being a beginner trader to an expert trader within a short period, because the educational materials are very detailed and come in different formats to suit different needs.

The features

InvestLite features

Commission It mat interest you to know that trading on the InvestLite trading platform does not attract any commission. However, there are swap fees that also come with discounts, depending on the type of account the trader is using. Account There are three major types of accounts; Platinum, Gold, and Silver. There is also a demo trading account for beginners who may be looking to learn the ropes of FX trading. Furthermore, any of the three accounts can be used as a swap-free Islamic account. These accounts come with different benefits and features, for instance the platinum accounts have access to a free VPS, as well as news update alerts. Traders with the gold and platinum accounts will get account managers, as well as receive videos and online seminars (webinars). Opening an account takes 5 simple steps that include a registration form, proof of address, proof of identity, funds deposit, etc. From the client portal, clients can perform operations like carry out payment transactions, and manage their accounts. Deposits and Withdrawals InvestLite makes deposits and withdrawal of funds very easy for users, by offering them different options for performing the transactions. Some of the options include credit cards, wire transfer, Skrill, Neteller, cryptocurrency, etc. MetaTrader 4 Trader MetaTrader 4 is recognized globally as a cross-platform to facilitate online FX trades. It is available for use as software on the user’s PC, as a web application, and it is also available for use on mobile devices. Some features that can be accessed on the desktop and web platform include:

Multiple technical indicators
Over 20 graphical representations to aid technical analysis
Multiple asset classes for trades
Complete history of transactions and trading activities
Platform support
Multilingual
Multiple execution modes

For those who would love to perform trades while on the move, the MetaTrader 4 platform is available for download on both iOS and Android devices. Features to enjoy include the following:

Access to price quotes in real time
Different order types
Access to full trading options and features
Chart analysis
Technical indicators

Trading Feature With the aid of the trading signals feature, users have access to trading signals on different markets and across various timeframes. There is a filter that narrows the information down according to the trader’s needs. Educational Resources InvestLite has bagged the award “Best Forex Education Provider 2020” because they offer users a lot of educational resources in different formats, to aid both professional and beginner traders. These courses, ebooks, tutorials, videos, etc. cover different FX related topics and strategies that can be employed for better trades.