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Levicryptotrade foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://levicryptotrade.com/signup.php, about the company's legal and temporary regulatory information, the company's address Westfield Liverpool, Macquarie St, Liverpool NSW 2170.

Levicryptotrade Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
Levicryptotrade
Abbreviation
Levicryptotrade
Company employee
--
Customer Service Email Address
support@fxprocoinvent.com
Company address
Westfield Liverpool, Macquarie St, Liverpool NSW 2170
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: Levicryptotrade's official site - https://levicryptotrade.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Levicryptotrade Review Summary Registered Country/Region United Kingdom Regulation No Regulation Market Instruments forex, commodities, indices, stocks, etc. Demo Account Not mentioned Leverage Not mentioned Spread Not mentioned Trading Platform MT4 Minimum Deposit $500 Customer Support Email: support@fxprocoinvent.com Company Address Westfield Liverpool, Macquarie St, Liverpool NSW 2170, United Kingdom What is Levicryptotrade? Levicryptotrade is a broker based in the United Kingdom. It operates without regulatory oversight and its official website has already shut down. Pros & Cons Pros Cons MT4 Supported No Regulations Dead Official Website Limited Customer Support Channels Pros: MT4 Supported: Levicryptotrade supports MetaTrader 4 (MT4), a popular and highly regarded trading platform known for its advanced charting tools, automated trading capabilities, and user-friendly interface. Cons: No Regulations: The platform operates without any regulatory oversight, which concerns users about the safety of user funds and the overall reliability of the platform. Dead Official Website: The shutdown of its official website limits access to essential information and updates, making it difficult for both current and potential traders to engage with the platform or receive support. Limited Customer Support Channels: Customer support is only available via email, lacking more immediate communication options like phone or live chat, which is very limited. Is Levicryptotrade Legit or a Scam? Regulatory Sight: Levicryptotrade is currently without regulatory oversight and any licenses that would enable it to conduct its operational standards in the financial market. This lack of regulation poses numerous risks to investors, such as a lack of transparency, security concerns, and no guarantee of adherence to industry standards and practices. User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums. Security Measures: So far we haven't found any information about the security measures for this broker. Market Instruments Levicryptotrade offers a certain range of market instruments. These include: Forex: Levicryptotrade offers trading in the forex market, involving currency pairs from around the world including major pairs like EUR/USD, minor pairs, and exotic pairs. Commodities: Trading in commodities encompasses a range of products such as precious metals like gold and silver, energy commodities like oil and natural gas, and agricultural goods like coffee and sugar. Indices: Levicryptotrade provides access to a variety of global indices, allowing traders to invest in broad market trends and sectors. Stocks: Stocks of numerous corporations across different sectors and geographies are available for trading on Levicryptotrade. Trading Platform Levicryptotrade offers its clients access to the MetaTrader 4 platform, a widely recognized and trusted trading platform in the industry. This platform allows users to execute trades, analyze markets, and manage their accounts efficiently. Users have the flexibility to access the platform directly from a web browser, making it convenient for trading on the go. Additionally, the MetaTrader 4 platform is available for desktop users who prefer a more comprehensive trading experience. It also supports mobile trading, enabling users to trade seamlessly from their Android or iOS devices, providing flexibility and accessibility to the markets anytime, anywhere. Deposit & Withdrawal For deposits and withdrawals, Levicryptotrade accepts traditional methods such as credit and debit cards, and wire transfers, which are commonly used for their reliability and widespread acceptance. Levicryptotrade also supports modern payment methods, including Bitcoin, which allows for potentially faster and more private transactions. Others, such as Skrill and WebMoney, are supported as well. Customer Support Levicryptotrade provides customer support through email only, with the address atsupport@fxprocoinvent.com. Unfortunately, the lack of additional contact methods, such as phone support or live chat, shows that their customer service options are quite limited. The office address they provided is at Westfield Liverpool, Macquarie St, Liverpool NSW 2170, United Kingdom. Conclusion Levicryptotrade is a broker with no regulations and no available official website. The support channels it provides are very limited, too. We do not recommend this broker to any user. Frequently Asked Questions (FAQs) Question: Does Levicryptotrade support MT4/5? Answer: Yes, it supports MT4. Question: What is the minimum deposit required? Answer: The minimum deposit required is $500. Question: Is Levicryptotrade regulated? Answer: No, it is not regulated. Question: Is my money safe with Levicryptotrade? Answer: Not at all. Levicryptotrade is a non-regulated broker with an inaccessible official website. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

Rating Index

DELUXE

Minimum Deposit
$10,000

PREMIUM

Minimum Deposit
$5,000

  

LeviCryptotrade Forex Broker - Complete Information Guide

  

1. Broker Overview

  LeviCryptotrade, also known as levi-cryptotrade.com, is a forex and CFD broker that has garnered attention in the online trading community. Established in 2022, the company claims to be headquartered in the United Kingdom; however, there is no verifiable information to support this claim, leading to skepticism regarding its actual location. The broker operates as a private entity, with its ownership structure and key stakeholders remaining undisclosed.

  The primary market for LeviCryptotrade includes retail traders interested in forex and cryptocurrency trading. The broker offers various account types to cater to different levels of investors, from beginners to more experienced traders. Despite its relatively short history, LeviCryptotrade has made strides in establishing its presence within the competitive online trading landscape.

  However, the company has faced significant scrutiny due to its unregulated status and a lack of transparency regarding its operations. This has led to numerous complaints and concerns about the safety of funds and the overall reliability of the LeviCryptotrade broker.

  

2. Regulation and Compliance Information

  LeviCryptotrade operates without any regulatory oversight, which poses significant risks for potential investors. The broker does not mention any affiliation with recognized regulatory bodies, and no valid regulatory information can be found regarding its operations. This lack of regulation indicates that the company does not adhere to the strict standards typically required for financial service providers.

  As a result, clients of LeviCryptotrade are not afforded the protection that comes with working with regulated brokers. There is no information available on customer fund segregation policies, nor is there participation in investor compensation schemes. Furthermore, the broker does not provide details about its Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, raising further concerns about its operational integrity.

  Given the absence of regulation, potential investors should approach the LeviCryptotrade broker with caution, as unregulated entities can pose a higher risk of fraud and mismanagement.

  

3. Trading Products and Services

  LeviCryptotrade offers a range of trading products, including various forex currency pairs and Contracts for Difference (CFDs) on commodities, indices, stocks, and cryptocurrencies. The broker claims to provide access to a diverse array of trading instruments, though specific details on the number of forex pairs and the types of CFDs available are not readily disclosed.

  The platform appears to cater primarily to retail traders, offering several account types with varying minimum deposit requirements and bonuses. However, the lack of transparency regarding product offerings and the absence of a clear update policy for new instruments raise concerns about the broker's commitment to providing a robust trading experience.

  Additionally, there is no mention of specialized products or proprietary trading tools that could differentiate LeviCryptotrade from other brokers. As a result, potential clients may find themselves at a disadvantage compared to those trading with more established and transparent brokers.

  

4. Trading Platform and Technology

  LeviCryptotrade utilizes its proprietary trading platform, which is reportedly designed to facilitate a user-friendly trading experience. However, specific details about the platform's features, functionalities, and performance remain vague. There is no indication that the platform supports widely-used trading software like MetaTrader 4 or 5, which are standard in the industry.

  The broker's platform is accessible via a web-based interface, but there are no details about its mobile application for iOS or Android devices. This lack of information may deter traders who prefer mobile trading solutions. Furthermore, the execution model employed by LeviCryptotrade—whether it be ECN, STP, or Market Making—has not been clearly outlined, leading to potential uncertainties regarding trade execution quality.

  The absence of comprehensive technical infrastructure details, such as server locations and API access for automated trading, further contributes to the overall lack of transparency surrounding the LeviCryptotrade broker.

  

5. Account Types and Trading Conditions

  LeviCryptotrade offers four different account types, each with varying minimum deposit requirements and bonuses:

  • Basic Account: Minimum deposit of $500, 10% bonus, 24/5 customer support, and daily market reviews.
  • Standard Account: Minimum deposit of $1,000, 50% bonus, 24/5 customer support, and daily market reviews.
  • Premium Account: Minimum deposit of $5,000, 75% bonus, 24/5 customer support, and daily market reviews.
  • Deluxe Account: Minimum deposit of $10,000, personalized bonus, 24/5 customer support, and daily market reviews.

  The leverage offered by the broker varies depending on the account type and trading instruments, but specific details are not provided. Additionally, the minimum trade size and overnight fees are not clearly stated, which may lead to confusion for potential traders. The lack of a demo account option further complicates the situation for new traders looking to familiarize themselves with the platform before committing real funds.

  

6. Fund Management

  LeviCryptotrade supports several deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirements vary by account type, with the Basic Account starting at $500. However, the broker does not provide clear information regarding deposit processing times, which could lead to delays in fund availability for trading.

  Moreover, the fee structure for deposits is not explicitly outlined, raising concerns about potential hidden charges. Withdrawal methods and limitations are also vague, with reports indicating that clients may encounter difficulties when attempting to withdraw their funds. The withdrawal processing times are not specified, and there are indications that the broker may impose excessive withdrawal fees or conditions, further complicating the withdrawal process.

  

7. Customer Support and Educational Resources

  LeviCryptotrade offers customer support through various channels, including email and online chat. However, there is no phone support available, which may limit accessibility for clients seeking immediate assistance. The service hours and time zone coverage are not clearly stated, leaving potential clients uncertain about when they can reach support representatives.

  The broker claims to provide educational resources, including webinars, tutorials, and e-books, but specific details about the types and frequency of these materials are lacking. Additionally, market analysis services, such as daily reviews and research reports, are mentioned but not elaborated upon, leading to uncertainty regarding the quality and depth of the information provided.

  The absence of comprehensive trading tools, such as calculators and signal services, may hinder traders' ability to make informed decisions in a competitive market.

  

8. Regional Coverage and Restrictions

  LeviCryptotrade primarily targets the retail trading market, but specific details about its regional coverage and office locations are not readily available. The broker claims to serve clients in various regions; however, there is a lack of clarity regarding the specific countries or territories it operates in.

  Additionally, it is important to note that certain jurisdictions may impose restrictions on trading with unregulated brokers. Therefore, potential clients should verify whether they are eligible to trade with LeviCryptotrade based on their local regulations.

  In conclusion, while LeviCryptotrade presents itself as a viable option for forex and CFD trading, the lack of regulation, transparency, and adequate customer support raises significant concerns. Potential investors are advised to exercise caution and conduct thorough research before engaging with this broker. The risks associated with trading through an unregulated entity may outweigh the potential benefits, making it crucial to prioritize safety and security when choosing a trading platform.

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Latest Reviews

FX1239000244

FX1239000244

Venezuela

I withdrew $580 and it dropped. My account did not receive anything. I wrote to the support but they they said the payment would not arrive because they went bankrupt.

Exposure

2021-10-29

Levicryptotrade Forex Broker has an overall rating of 1.48, Regulatory Index 0.00, License Index 0.00, Business Index 6.80, Software Index 4.00 Risk Control Index 0.00.
Levicryptotrade