InvestLite Demo Account – Opening Process, Charges, Features, Benefits & moreLast Updated Date: Apr 25, 2022
Find out everything about InvestLite Demo Account or Virtual Trading Platform here.
InvestLite is one of the most preferred international financial service providers that operate under the guidelines of the International Financial Services Commission, Belize.
While trading, customers will get to use various trading confidential instruments that include metals, gas, commodities, indices, cryptocurrencies, Forex, and stocks.
The traders registered with InvestLite will have the opportunity to treat on using 350 plus Assets.
InvestLite is owned and operated by Bayline Global World Ltd which is also known to provide one of the most advanced and promising services to all its trading clients.
So, in this review, we would be talking about the demo account provided by InvestLite.
InvestLite Demo Account
Like some of the other brokers, InvestLite has also developed a demo account.
So, what actually is a demo account?
A demo account which is also known as a virtual account is a type of trading account or virtual space that is funded with dummy or fake money.
With this demo account, our perspective or a probable user can experiment with the trading platform, the various trading tools that accompany provides, and the various features before opting for a real trading account with the company.
Demo account options I offered to buy several trading platforms, trading companies, stock trading platforms, and various foreign exchanges.
InvestLite demo account is an advanced virtual training account that is available for all the users who opt to use their services.
The Demo is a virtual space or a simulation trading environment where all the customers can practice the various steps of trading, trade using various trading instruments and tools, get accustomed to the market and learn everything about the company.
The main idea behind the development of such a demo account is to help the beginner level traders get accustomed to the market, help them know about the instruments, the various trading tools just before entering the real market.
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InvestLite Demo Account Features
The basic information and knowledge about the InvestLite virtual account have been mentioned in the above section of the review.
The idea behind the development of the demo account has also been listed and now here we can be discussed among the various speakers provided by this demo account.
Some of the basic features of the InvestLite demo account:
- The demo account is exclusively provided to a prospective or a probable customer so to help them experiment with the trading platform before stepping out into the real market
- The demo accounts are loaded with virtual currency which is also known as dummy money. The dummy money is available in the currency of the user’s location and with this money, the user can practice various strategies, try out various trading methods and learn everything about the daily market.
- The virtual currencies are also called paper money
- The users will learn about the trading practices and how to trade in real market and exchange conditions
- It also helps the beginner traders know about the thread, the asset, and what to invest in
- It also helps experienced traders try out new strategies before they execute in the real market.
- Completely risk-free as there is no involvement of real money
- Tested under real market conditions thus the knowledge gained is quite valuable
InvestLite Demo Account Charges
|Demo Account Details|
Some of the trading companies that provide a demo account or virtual account, charge their users or customers a certain fee for using their demo account and all its features.
However, InvestLite does not charge any amount or fee for using the demo account.
This simply means that all the premium features of the real trading account like expert advisors, automated trading, real-time market news, market updates, and various other premium tools can be used free of cost in this demo account.
Along with it is the availability of virtual currency or dummy money which can be increased upon request to the trading company.
This demo account can be used by any trader or any customer who wants to learn about the company and start trading with them.
How to open an InvestLite Demo Account?
InvestLite demo account can be opened by any individual who is interested in the Forex market and the company. The steps to open the demo account has been given below
- The official website of InvestLite has to be visited and then navigate towards the demo account location
- Some necessary details are required by the company to open the demo account for the user. Some of the details include name, address, phone number, email address, and some other information.
- Once all the details have been successfully verified, the demo trading account will be activated and the password and username would be available within a couple of hours.
- You can use the company-owned trading platform or the mobile trading application of InvestLite to log into your virtual account.
- Whenever you log in, you will see the number of virtual currencies that are available in your demo account. You can now use the virtual currencies and the demo account to mimic the exact conditions of a real trading account and then start trading.
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Advantages of InvestLite Virtual Trading Platform
The demo account can be opened directly from the official website of InvestLite.
Once the account has been opened you need to download the trading platform or the mobile trading application based on the preference of your device.
Some of the advantages of using the InvestLite virtual trading platform along with the demo account are:
- You will completely enjoy a risk-free environment that is you will not lose real money even if you make a bad decision or incur a loss
- Whenever you are using the this demo account It will help you learn about the various shortcomings in the market analysis, trading decisions, and the various strategies that you develop.
- The traders will not have any additional stress which real trading causes due to greed and fear. Paper trading or InvestLite virtual trading keeps the user away from the emotional roller coaster and this is the main reason why a demo account or this virtual account is one of the best preferences for all beginners.
- A beginner-level trader and gets to learn a lot from the entire trading process. From getting ready for a trading session to the final registration or withdrawing the profit or loss. If these traders get access to a demo account, they will learn to use all trading tools and thereby earn profit.
- InvestLite has been adopted by various schools institutions to teach the students the basic principles of investing and so to help them learn about the stock market
InvestLite Demo Account – Conclusion
So now as we have discussed everything that is known about the InvestLite demo account, you must now understand the necessity of a demo account before stepping out in the real market.
The InvestLite demo account is completely available free of charge, thus all the premium tools offered by the company can be used free of charge via the demo account.
The virtual account is one of the best places to learn about the various trading strategies and the trading market conditions and mechanisms.
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InvestLite Virtual Trading Account – FAQs
Here is the list of FAQs related to the InvestLite Virtual Trading account:
Does InvestLite provide Demo a/c?
Along with some other features like commission-free trading accounts, access to 350 plus trading assets, complete security over all your personal information, InvestLite has also developed a demo account which is also known as InvestLite virtual account.
How to Set up an InvestLite Demo Account?
The InvestLite demo account Opening process is quite simple.
All you need to do is visit the website of InvestLite, click on the demo account opening tab, fill out the necessary information on the application page and wait for your verification.
Once verification is complete, you will receive the account ID and password at your email address.
Is InvestLite Virtual Trading Platform Free?
The company promises to provide an InvestLite demo account free of charge, therefore you do not need to pay or provide any other payment info regarding the virtual trading platform.
What are the Fees of the InvestLite Demo Account?
InvestLite demo account is available free of charge, that is all the necessary features, tools, and trading instruments can be used free of charge.
The premium tools and some other features are also available on the demo account.
Is AMC levied on InvestLite Virtual Trading Platform?
There’s no kind of account maintenance charge or AMC whenever you use the InvestLite virtual trading platform.
This makes a busy one of the most preferred ones in the market as all the features are available free of charge in the demo account.
Is InvestLite Demo Account best?
The InvestLite demo account is considered to be one of the best as it has been developed both for and all professional traders.
Premium tools and instruments can also be used in the InvestLite demo account.
What Documents are required for an InvestLite Demo Account?
Only some necessary information like the name, phone number, email address, and home address has to be provided to open the demo account.
The demo account is available easily without any verification.
Is PAN required for Opening an InvestLite Account?
To open an InvestLite demo account, no extra verification or personal information is required. Therefore no identity card like PAN card or other card is required to open an InvestLite demo account.
Does InvestLite charge a Demo Account opening Fee?
No exclusive account opening scene has been mentioned by InvestLite for using or opening a demo account.
How much Virtual Money do you get in an InvestLite Demo Account?
Virtual currencies are provided but the value has not been mentioned, however, you can ask InvestLite o add more virtual currencies via email according to your needs.
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