Levels

Vietnam

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.

Exposure

09-08

FX2622002020

Germany

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.

Exposure

abhamas

Germany

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.

Exposure

FX5992799642

Germany

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.

Exposure

FX8082210102

Germany

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

Exposure

Teejay-MK

Germany

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.

Exposure

Leesham90

Germany

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.

Exposure

D-tor33

Germany

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.

Exposure

FX2160455570

Unverified

Vietnam

scam, can not make withdrawal

Exposure

01-08

Sara.

Unverified

New Zealand

Their platforms are user-friendly, and I appreciate the transparency with no hidden fees. The customer support is responsive, and the security measures, like negative balance protection, give me peace of mind while trading. Overall, a trustworthy platform for my trading needs.

Positive

2024-08-14

Account

Related Software

Website

Company Summary

Wiki Q&A

Comment

Account

Environment

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Currency

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Maximum Leverage

1:1000
SupportedEA
Minimum Deposit

$ 1 000
Minimum Spread

from 0
Depositing Method

--
Withdrawal Method

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Minimum Position

0.01
Commission

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Products

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Products

Updated： 2025-11-02

MT4/5

Full License MT5

MT4 Servers

MT5 Servers

157.00

Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5

Perfect

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Official website

Website

fxlvls.com

172.67.148.211

Server Location

United States
ICP registration

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Most visited countries/areas

--
Domain Effective Date

--
Website

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Company

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Company Summary

Levels Review Summary
Founded	2024
Registered Country/Region	Saint Lucia
Regulation	No regulation
Market Instruments	Forex, commodities, stocks, indices, cryptos
Demo Account	✅
Leverage	Up to 1:1000
Spread	From 0.9 pips (STP account)
Trading Platform	MT5/cTrader
Minimum Deposit	$100
Customer Support	24/5 support
	Live chat, contact form
	Tel: +20 34245867
	Email: support@fxlvls.com
Regional Restrictions	Iran, Cuba, Sudan, Syria, North Korea, United States, and Hong Kong

Levels Information

Levels is an unregulated broker, offering trading on forex, commodities, stocks, indices and cryptos with leverage up to 1:1000 and spread from 0.9 pips on MT5 and cTrader trading platform. The minimum deposit requirement is $100.

Pros and Cons

Pros	Cons
Tight spreads	Commission fees charged
Demo account	No regulation
Various trading products	Regional restrictions
MT5 platform
Various account choices
Popular payment options

Is Levels Legit?

No. Levels currently has no valid regulations. Please be aware of the risk!

What Can I Trade on Levels?

Levels offers trading on forex, commodities, stocks, indices and cryptos.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Indices	✔
Cryptos	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type

Here are four account types Levels offers:

Account Type	Minimum Deposit
STP	$100
ECN	$1,000
INST	$25,000
PAMM	$1,000

Leverage

Account Type	Maximum Leverage
STP	1:1000
ECN	1:200
INST	1:100
PAMM	1:1000

Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

Levels Fees

Trading Fees

Account Type	Spread	Commission
STP	From 0.9 pips	❌
ECN	From 0 pips	$4
INST		Fix
PAMM		❌

Swap Rates

Levels provides swap-free accounts.

Account Type	Swap-free acocunt
STP	❌
ECN	✔
INST	✔
PAMM	✔

Trading Platform

The website shows that it offers MT5 and cTrader as trading platform. However, cTrader seems unavailable now.

Trading Platform	Supported	Available Devices	Suitable for
cTrader	✔	/	All traders
MT5	✔	Desktop, mobile	Experienced traders
MT4	❌	/	Beginners

Deposit and Withdrawal

Levels accepts payments via credit card, visa/master card, bank wire, Neteller, Skrill, online banking, crypto currency BTC/USDT and WebMoney.

The website shows that it offers instant withdrawal, but not further information specified. No minimum withdrawal amount defined and no fees or charges specified.

Keywords

1-2 years
Suspicious Regulatory License
MT5 Full License
Regional Brokers
High potential risk

Wiki Q&A

Elio Matacena

1-2 years

Is Levels regulated?

No, Levels is unregulated, which is a significant concern for me. Without regulation, there’s no oversight to ensure my funds are protected or that the broker follows fair trading practices. The lack of regulation makes me cautious about proceeding with this broker. As I’ve seen in many Levels reviews, an unregulated status should raise serious red flags, and I would advise extreme caution.

What are the detailed fees of the Levels broker?

On the STP account, there’s no commission, but the spread starts from 0.9 pips, which is fairly competitive. For the ECN account, they charge $4 per lot, but the spread starts at 0 pips. Additionally, the INST account has a fixed spread, which might be less flexible for me. There are also fees for withdrawals, depending on the amount.

What Demo Account does Levels offer?

Levels offers a free demo account, which I find useful to practice trading without risking my own money. It’s a great way for me to get comfortable with the platform and test my strategies before going live.

Is Levels a safe and legit broker?