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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