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LevelTrade

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Operating status: SCAM

Website: https://leveltrade4.com/

Broker violations and abnormal records
  • 2022-06-22 BrokersView has reviewed that LevelTrade is an Unregulated Forex Broker

    LevelTrade is not a reliable broker for traders even though it states offers that look good to be true. LevelTrade claims to be authorized and regulated by the Australian Securities & Investments Commission (ASIC) with registration number: 008 875 741. However, we did not find any match results to LevelTrade or the registration number. The regulatory info this broker claims is a false statement for unsuspecting traders. The truth is that LevelTrade is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    LevelTrade is not a reliable broker for traders even though it states offers that look good to be true. LevelTrade claims to be authorized and regulated by the Australian Securities & Investments Commission (ASIC) with registration number: 008 875 741. However, we did not find any match results to LevelTrade or the registration number. The regulatory info this broker claims is a false statement for unsuspecting traders. The truth is that LevelTrade is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Related Complaints

Q&A

LevelTrade seems an unlicensed broker. Can you help me to verify it?

Quinn
India
2022-07-21
ANSWER LevelTrade is not a licensed or regulated broker even though it states offers that look good to be true. LevelTrade claims to be authorised and regulated by the Australian Securities & Investments Commission (ASIC) under registration number: 008 875 741. However, we did not find any match results to LevelTrade in ASIC.The truth is, LevelTrade is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like LevelTrade and trade with licensed brokers.
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