The Official Website Of Levelprofit Cannot Be Accessed Normally At Present. It Seems That The Company Has Closed Down. Therefore We Can Only Collect Some Relevant Information For Reference Only.
2022-07-04 Italy CONSOB Adds Levelprofit To The Warning List
On July 4, 2022, The Italian National Securities And Exchange Commission (CONSOB) Issued A Warning That Levelprofit Provides Financial Services Without Authorization. You Can Visit The Following Website For Details: Https://www.consob.it/web/consob-and-its-activities/warnings?viewId=ultime_com_tutela
2022-07-05 We Have Reviewed And Confirmed That Levelprofit Is An Unregulated Forex Broker
Levelprofit Claims To Be Operated By BCM Begin Capital Markets, Which Is Regulated By The Cyprus Securities And Exchange Commission (CySEC) With Regulatory Number 274/15. However, When We Searched For The Regulatory Number In CySEC, We Found That The Company Information Did Not Match.
Regulatory Number 274/15 Actually Belongs To A Company Called "BCM Begin Capital Markets CY Ltd". Instead Of "BCM Begin Capital Markets". In Addition, The Company's Approved Domain Name For Operating A Website Is "profitlevel.com" Instead Of "levelprofit.com"
This Means That Levelprofit Is A Clone Company That Misappropriates Regulatory Information From A Regulated Company.
Actually, Levelprofit Is Not Regulated By Any Regulatory Authority. It Is Not Safe To Let This Broker Hold Or Control Investors' Funds, And Investors Cannot Be Protected By Any Law. It Is A Fake Trader.
Since We Cannot Access The Broker's Website Now, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That Levelprofit Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose Providing Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: Levelprofit 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 When Selecting Traders, And Remind Everyone To Stay Away From These Unregulated Ones As Much As Possible.
