Leveled Up Trader Review
Leveled Up Traders, formerly Leveled Up Society, is a forex prop trading firm offering various account types tailored to different trading styles, including two-step and one-step evaluation processes. They provide unique benefits like unlimited trading periods, no minimum trading day requirements, and daily payouts. Traders can access funded accounts with up to a 100% profit split, depending on how they perform. One of their notable features is the scaling plan that increases the funded account balance by 50% if a trader maintains a steady 10% monthly profit over three months, with a cap of $5 million.
However, there are concerns regarding their customer support and management. Numerous traders reported having difficulty getting assistance from their support team and the company has also done several rebranding in the past. This raises questions about its legitimacy and trustworthiness. While the firm offers reasonable prices and good scaling opportunities, their TrustPilot reviews highlight several customer service issues and mixed experiences from traders
What is Leveled Up Trader?
Leveled Up Trader is a broker firm claiming to be a prop trading platform providing various evaluation programs for traders interested in forex, stocks, and cryptocurrency. The company promotes itself as an innovative and legitimate trading environment, but several discrepancies in its operational transparency raised concerns. Numerous traders stated that they experienced difficulties in withdrawing funds and unresponsive customer service indicating issues with reliability. Also, Leveled Up Trader might be involved in deceptive practices, such as false regulatory status which caused uproar among traders and investors.
Leveled Up Trader Website Status
The Leveled Up Traders website is currently inaccessible, with its domain leveleuptrader.com showing signs of inactivity. This unavailability has raised concerns among clients and potential users, suggesting that the platform might have stopped operations. Existing users are unable to log in, manage their accounts, or retrieve information regarding their funds and trading activities, causing significant concern and uncertainty about the company's status and reliability.
Leveled Up Trader Customer Reviews
Users have expressed frustration with Leveled Up Traders, stating issues with customer support and unresolved account problems. Several users reported that they did not receive legacy account credentials or payouts promised after a shutdown in 2023. Reports include the company's unresponsive customer service and suspicions that promised funds may never be given. These bad experiences caused existing users to warn others against investing time or money with Leveled Up Trader, as several users are scammed by their actions and lack of transparency.
Leveled Up Trader Regulatory Status
Leveled Up Traders claims to be a regulated broker, but investigations have found irregularities in these claims. The broker lacks evidence of being registered with recognized financial authorities, raising concerns about its legitimacy.
Trading with an unregulated broker like Leveled Up Traders carries significant risks, including lack of legal protection, potential fraud, and difficulties in fund recovery. Investors should exercise caution and consider regulated alternatives for better security and peace of mind.
Conclusion: Is Leveled Up Trader a Scam?
Yes, Leveled Up Trader is a scam.
Based on our findings, Leveled Up Trader has unverified regulatory status, customer complaints regarding fund withdrawals, and lack of support which are all red flags. The broker's inconsistent management practices and recent shutdowns further destroy trust.
Given these concerns, it is strongly recommended to avoid using Leveled Up Trader for any trading activities. Potential investors should look for more reputable and regulated brokers to ensure their funds are secure and their trading experience is smooth sailing.
Asia Forex Mentor Reminds You:
Asia Forex Mentor is dedicated to identifying and exposing scam brokers to safeguard traders and investors. The rise of unregulated brokers offering forex and CFD trading services across various jurisdictions has raised significant concerns. These brokers pose substantial risks to traders and investors. We strongly urge extreme vigilance against unauthorized brokers to protect your investments and ensure a secure trading experience.
