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Levicryptotrade is a broker that might get you thinking to trade with them is easy and profitable. Levi Crypto trade is nothing but another scam that is trying to steal funds from investors. All our efforts to contact the broker have fallen into deaf ears. It seems that the broker wants to remain anonymous despite claims of residing in the UK. Our investigation reveals that the broker is an insult to the online trading community. Get to know more in this eye-catching LEVICRYPTOTRADE Review.
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Once you land on their homepage, you get way too much information at a go. The broker did a terrible job with the website’s design. A genuine broker will ensure that their message is clear and concise.
This way, anyone who lands on the homepage gets a clear picture of what to expect. The platform’s aesthetic design has too much information, which is a problem. You might have to stay on their homepage for days to learn exactly what the broker offers.
If you head to the FX pro coinvent website, you will realize that the website is identical. Everything is the same, even the words.
On their landing page logo, the first message is that your funds are safe with them. It seems that safety is their concern which is a clear intent of what’s not about to happen. Your funds are far from safe as this broker fails to comply with industry regulations.
Despite their claims of offering a trading academy, these are false features to drive naïve investors into signing up. Trusting anything this broker brings to the table will lead to misery.
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There are four assets on offer within the platform. These trading assets include commodities, currencies, indices, and stocks. The broker fails to inform users of the available leverage or spreads.
You are walking into a trap as the broker might decide to change these variables at any time. A genuine broker openly displays their leverage and spreads for all to see. There’s nowhere on their homepage do you get to read about these important trading features.
Another trap to avoid when dealing with brokers is bonuses. Scam brokers are offering cash bonuses on deposits made or welcome bonuses. These two are traps meant to drive more investors into depositing more funds.
Once you deposit with the broker, you will receive a bonus. Don’t think that the bonus comes for free; it’s a plot to keep you depositing more funds with the broker.
The broker doesn’t allow any withdrawals unless you pay back their bonus. Even if your account has the funds to offset the bonus, they demand a fresh deposit. And this is their last way of taking your money before blocking access to your account.
It’s what happens to victims of this outrageous trading platform.
With the broker claiming to offer daily market reviews, we had to ask how they do that. The broker may send alerts via email or mobile phones. What’s clear is that these alerts are days old. You get market insights of assets days after trading takes place.
There’s no factual insight that will give you an advantage. The platform does not offer intuitive analysis of the market or real-time recommendations.
Thanks to domain checker tools, we now know exactly when the website went live. As of publishing this post, their website is 21 days old. Their IP location shows that the website resides in Dronten, Netherlands.
Claims that the broker resides in the UK are clearly false as the domain checker reveals the truth. With just 21 days in business, the platform is already facing backlash from some quarters. And this is a pointer of things to come; that’s why it’s best to stay away.
Levicryptotrade is furnishing members with four account plans. These plans offer a welcome bonus of 10, 50, 75 percent, and a custom bonus. The accounts include Basic, Standard, Premium, and Deluxe.
Another outrageous feature is the minimum deposit for the basic account. Basic account holders must deposit $500 to start trading. This amount is double the acceptable minimum required amount.
Don’t be fooled by their chat tab, which is a bot that takes personal information. You get to answer questions before the bot asks for your personal information. These anonymous brokers usually sell your information to marketing platforms.
It’s the reason why you find spam emails from products you haven’t subscribed to. There’s no phone number which means the people behind this platform want to control communication. They will call you at their own convenience.
You will also notice that it seems that their website is a copy of another scam. On their contact page, the email address is to FXPro Coinvent. It’s a clear copy that shows that this is a scam.
Depositing funds with all trading websites is made easy thanks to the numerous options. You can deposit with Levi Cryptotrade using options such as Cash, MasterCard, Neteller, Skrill, and more. The major problem with anonymous websites is withdrawals.
It’s difficult to withdraw funds from an anonymous broker. In most cases, they will block your account, especially if you had a balance of more than $1,000.
Another issue with this platform is the fact that their platform doesn’t work. It’s a web platform that is a copy of TradingView. Once you click on the execute button, the command doesn’t work.
The designer of this scam failed to create a working platform. These are the clear signs that we are dealing with a scam.
Levicryptotrade is a scam that should be exposed at all costs. The platform does not have any license or registration number. There’s no way of proving that they have undergone any compliance.
We did check with the Financial Conduct Authority to confirm whether the broker is legit. No broker has a license under this name. And this is the proof we need to nail the scam artists finally.
Please stay away from such websites as they don’t comply with trading regulations. The broker does not meet the required standards to operate a trading platform. Once you sign up, the broker will take your money, and there’s no way of recovering it.
Since they don’t comply with industry regulations, victims are at the mercy of these scam artists. The best option is to stick with our recommended brokers, who keep you safe.
As the broker fails to comply with regulations, the safety of funds is out of the question. Levicryptotrade has not made any deposits with regulators as dictated by trading laws.
Without the required sum, the broker fails in its obligation to insure funds. Anyone who signs up should not expect any compensation in the event of bankruptcy or insolvency.
Levicryptotrade is a scam, and the platform is an exact copy of FX pro coinvent. Stay away from these scam artists.
We won’t be recommending a copied scam. All investors should stay away from this platform or any other with similar characteristics.
Signing up with dependable brokers is the only way to stay safe. Make a bold decision and sign up with leading trading experts for a profitable outcome.
We wish everyone a safe trading experience.
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