The Official Website Of LevelTrade Cannot Be Accessed Properly At This Time. The Company Appears To Have Gone Out Of Business. Therefore We Can Only Gather Some Relevant Information For Reference Purposes Only.
2022-06-23 We Have Confirmed Upon Review That LevelTrade Is An Unregulated Forex Broker
LevelTrade Is Not A Reliable Broker For Traders, Although It Claims That The Quotes It Offers To Its Clients Look Good. LevelTrade Claims To Be Authorised By The Australian Securities Corporation And Authorised By The Regulatory Investment Commission (ASIC), Company Registration Number: 008 875 741. However, We Have Not Found Any Results In ASIC That Match LevelTrade Or This Registration Number. This Means That The Regulatory Information Claimed By This Broker Is False Propaganda Against Unsuspecting Traders. In Fact, LevelTrade Is Not Regulated By Any Regulatory Authority. The Funds Invested By Investors In This Broker Are Not Safe And Cannot Be Protected By Any Law. It Is A Fake Trader.
Since It Is Not Possible To Access The Broker's Website Now, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For The Regulation, It Has Been Verified That LevelTrade Has Not Obtained Any Valid License At Present.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: LevelTrade As A, Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
