Global Broker Regulation Inquiry App
WikiFX
Franko Knavs 
1-2 years
Is Levels a safe and legit broker?
Broker Issues
Regulation
06-15
United States
WikiFX
Reply
Since Levels lacks regulation, I can’t say it’s completely safe. It might be tempting with attractive bonus levels and trading opportunities, but an unregulated broker doesn't provide the same security as a regulated one. I would feel more comfortable with a broker that’s overseen by a financial authority to ensure a higher level of protection for my funds.
Similar Questions
What are the pros and cons of KLASFX?
Chris hagerman
07-18
3. Is FXCM a safe and trustworthy broker?
Pushpender Sharma
06-26
Is Market Trade safe and legit?
Sam35
07-12
Is D Bank safe for me to trade with, considering its unregulated status?
mohdfazlan
07-13
Can you outline the main benefits of LiveTrade in terms of its available trading instruments and how its fee structure compares?
maseko
07-01