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.
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:
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.
United Kingdom
