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Levels Forex Broker provides real users with 1 positive reviews, * neutral reviews and 9 exposure review!

Levels Broker Review

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Levels Review 10

Latest All(10) Positive(1) Exposure(9)
Exposure

The Levels platform suffers from severe slippage. During a relatively stable gold market, where I frequently trade, I placed a buy order at $1,850 per ounce. Normally, slippage should be around $3-5. However, on Levels, the actual transaction price reached $1,858 per ounce, a staggering $8 in slippage. I carefully reviewed my gold trading history on the platform over the past two months. Of my 80 trades, 50, or 62.5%, experienced abnormal slippage (slippage exceeding $6). Furthermore, the platform's spreads are extremely unreasonable. While other reputable platforms typically offer spreads of $2-3 on gold trading, Levels' spreads frequently hover between $5-8, significantly increasing my trading costs. Beyond trading issues, the platform's customer service is also abysmal. Their customer service was extremely perfunctory, offering no substantive solutions to my issues. This platform has absolutely no regard for investors' interests and is a thoroughly deceptive platform.

FX2407671454
Verified
2025-09-08
Exposure
Disappointing Spread Experience with Levels Broker

My experience with Levels broker has been frustrating because their spreads are not stable at all. They constantly widen during trades, even when the market isn’t highly volatile. This makes trading unnecessarily expensive and stressful. What they advertise about tight spreads doesn’t match the reality, and it feels very misleading.

FX2622002020
Verified
2025-09-07
Exposure
Levels Broker Spreads Not What They Promise

Levels broker promotes low spreads, but when I started trading, I quickly realized it was misleading. The spreads widen too often, especially at crucial moments, adding hidden costs to every trade. It feels unfair and unprofessional, making it very difficult to trust their platform.

abhamas
Verified
2025-09-07
Exposure
Frustrating Spread Issues with Levels Broker

Levels broker’s spreads are a big disappointment. They advertise competitive, low spreads, but once you’re trading, it’s a completely different story. The spreads suddenly widen during active sessions or even normal conditions, making it very hard to maintain profitability. It feels misleading and unfair because these hidden costs keep eating into profits, leaving me frustrated and doubting their transparency.

FX5992799642
Verified
2025-09-07
Exposure
Misleading Spreads on Levels Broker

Levels broker claims to offer tight spreads, but in reality, they widen unexpectedly, especially during peak market hours. This constant change makes trading costly and frustrating. It feels deceptive because the spreads are nothing like what they advertise, cutting deep into potential profits

FX8082210102
Verified
2025-09-07
Exposure

I traded here for sometime but then decided to withdraw my funds. I requested my withdraw on 27th March. They promised that it will arrive with 5 working days. I waited and it didn’t arrive in 5 working days. Then i tried to contact the customer service team, which is just a telegram message. There is no other channel to get help, a phone number is on the website but nobody picks it ever. You can’t call the telegram either since they have disabled calling. Anyway I kept asking through text and sometimes the telegram message didn’t get any response. After two more weeks when my money didn’t arrive I got much worried and tried to contact the legal firm where it has been registered. However I found out that this broker is not registered anywhere.

Teejay-MK
Verified
2025-09-07
Exposure

I have tried to make a withdrawal on my account but it is always rejected, customer service always says it will be processed by accounting but my withdrawal is always rejected. I have tried to withdraw dozens of times but the result is the same never processed.

Leesham90
Verified
2025-09-07
Exposure

I made withdrawal request around 25 days ago. They mailed me to settled my fund within 5 to 7 working days but still they don’t reply my mail and back my fund, and their website mentioned instant withdrawal. Totally scam broker. I have prove copy of email. Please everyone don’t wast your hard earned money to put in this broker. If possible all are requesting to set complain against them. Very bad this broker and their trading system.

D-tor33
Verified
2025-09-07

Levels 2025 Review: Everything You Need to Know

Summary

Levels, an offshore forex broker, has garnered significant negative attention due to its lack of regulation and transparency. User experiences indicate a high risk of financial loss, and experts strongly advise against engaging with this broker. Notably, the Financial Conduct Authority (FCA) in the UK has issued warnings regarding its operations, highlighting the potential dangers for traders.

Attention: It is crucial to note that the broker operates across various jurisdictions, which can complicate the regulatory landscape. This review aims to provide a fair and accurate assessment based on available information.

Ratings Overview

Category Rating (out of 10)
Account Conditions 3
Tools and Resources 2
Customer Service and Support 2
Trading Setup (Experience) 3
Trustworthiness 1
User Experience 2

We assess brokers based on user feedback, expert opinions, and factual data from various sources.

Broker Overview

Established in 2023, Levels operates without regulatory oversight and claims to offer a variety of trading instruments, primarily focusing on forex. The broker provides access to the MetaTrader 5 (MT5) platform, which is known for its advanced trading capabilities. However, the absence of a legitimate regulatory body raises concerns about fund security and ethical trading practices.

Detailed Sections

Regulated Geographic Areas/Regions:

Levels does not have a valid regulatory license and operates primarily as an offshore broker, which significantly increases the risk profile for potential traders. The lack of oversight means clients have no recourse in case of disputes or financial losses.

Deposit/Withdrawal Currencies/Cryptocurrencies:

The broker supports a range of payment methods, including bank transfers, credit cards, and e-wallets like PayPal and Skrill. However, specific details regarding transaction fees and processing times are often unclear or unavailable.

Minimum Deposit:

Levels requires a minimum deposit of $100, which is relatively accessible compared to other brokers. However, this low entry point does not compensate for the lack of regulatory protection.

Bonuses/Promotions:

There is no substantial information regarding bonuses or promotions offered by Levels, which is common among unregulated brokers. This absence raises further red flags regarding the broker's legitimacy.

Tradable Asset Categories:

Levels primarily offers forex trading, with limited access to other asset classes like stocks and commodities. This narrow focus can be limiting for traders looking for diversification.

Costs (Spreads, Fees, Commissions):

The broker claims to offer low spreads and no commission charges, but specific details are often unspecified. This lack of transparency can lead to unexpected costs during trading.

Leverage:

Levels advertises high leverage options, reportedly up to 1:1000, which can be appealing to traders. However, such high leverage also increases the risk of significant losses, particularly in an unregulated environment.

Allowed Trading Platforms:

The primary trading platform is MetaTrader 5 (MT5), known for its advanced features. However, the lack of additional trading tools or resources diminishes the overall trading experience.

Restricted Regions:

Levels operates without clear restrictions, but its unregulated status may pose risks for traders in certain jurisdictions, particularly those with stringent financial regulations.

Available Customer Support Languages:

Customer support options are limited, and the responsiveness of the support team has been questioned in user reviews. The primary language of support appears to be English, but specific details on language availability are sparse.

Ratings Revisited

Category Rating (out of 10) Detailed Breakdown
Account Conditions 3 Minimum deposit is low, but no regulatory protection.
Tools and Resources 2 Limited educational resources and tools for traders.
Customer Service and Support 2 Reports of unresponsive customer service.
Trading Setup (Experience) 3 MT5 platform available, but lacks additional features.
Trustworthiness 1 Unregulated status raises significant concerns.
User Experience 2 Negative user feedback regarding withdrawal issues and transparency.

Detailed Breakdown

  • Account Conditions: The minimum deposit of $100 is appealing, but the absence of regulatory oversight severely limits the attractiveness of the account offerings.

  • Tools and Resources: Levels lacks robust educational resources and trading tools, making it difficult for traders to make informed decisions.

  • Customer Service and Support: User feedback indicates that customer service is often unresponsive, which can be detrimental for traders needing assistance.

  • Trading Setup (Experience): While MT5 offers advanced trading capabilities, the overall experience is hampered by the broker's lack of transparency and support.

  • Trustworthiness: The absence of a regulatory license is a major concern, with experts strongly advising against trading with Levels.

  • User Experience: Overall user experiences have been largely negative, with many complaints about withdrawal issues and the broker's transparency.

  • In conclusion, Levels presents a high-risk trading environment due to its lack of regulation and transparency. Potential traders should exercise extreme caution and consider more established, regulated brokers to ensure the safety of their investments.

Levels review