TradingLevel has been flagged by Finansinspektionen for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". Lumina Capital Ltd/ TradingLevel
Telephone: +44 20 3031 67 26, +44 20460 04528 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.tradinglevel.com.
Do not believe the bonus offer from TradingLevel. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through a forum discussion and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Detailed reporting|API access|Helpful community forum|Dividend tracking
Cons: Cannot customize dashboard fully
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. TradingLevel recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: No hidden fees|Wide product range|Detailed reporting
Cons: Minor UI glitches occasionally
I looked into TradingLevel and found they appear in the regulatory warnings database. Finansinspektionen has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Flagged by international regulators|Due diligence required
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. TradingLevel said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Educational resources|Low minimum deposit
Cons: Limited social trading features
I was contacted by TradingLevel through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Pros: Initially responsive customer service
Cons: Blocked my account|No legitimate license|Fake returns
I referred a friend to TradingLevel through a financial advisor. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Great customer service|Intuitive for beginners|Tax reports included|Easy to use platform
Cons: Limited cryptocurrency options
I was about to invest with TradingLevel but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Finansinspektionen has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Flagged by Finansinspektionen|Cannot verify credentials