PINAKINE
Pinakine Liquidity Limited50.0No Regulation
Saint LuciaEst. 2025
1:5001 Platform
Is Levels a scam?
Wikilix independent safety report
0%Scam riskScam risk is our overall estimate that this broker is unsafe, from 0% (safe) to 100% (almost certainly a scam). It blends the six risk areas below, weighted by how strong the evidence is. Higher means riskier.
Likely scamOur overall call, based on the evidence we could verify. From safest to worst: Appears legitimate, Insufficient evidence, High risk (unverified), Likely scam, Confirmed scam. A separate "Not a broker" verdict is used when it does not really offer trading.Confidence: MEDIUMHow sure we are of this verdict, based on how much solid, checkable evidence we found. Shown as Low, Medium or High.
2.0/5Safety rating 2 out of 5
The Wikilix safety rating, from 1 to 5 stars. It mirrors the scam risk (5 = safest, 1 = riskiest), so a higher risk percentage means fewer stars.Levels (fxlvls.com) is very likely a scam. It holds no financial licence anywhere, takes real deposits, and has a repeated pattern of clients who cannot get their money out. No regulator is named on…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation7/10 · HighIs it overseen by a strict, well-known financial regulator? Offshore-only or missing licences score higher.Scored 0 (clean) to 10 (worst). This area is 7/10 (High).Identity & transparency7/10 · HighHow openly it shows who and where it is (legal entity, address, owners). Hidden details score higher.Scored 0 (clean) to 10 (worst). This area is 7/10 (High).Withdrawals & conduct8/10 · CriticalCredible reports of clients being unable to withdraw their money. More such reports score higher.Scored 0 (clean) to 10 (worst). This area is 8/10 (Critical).Reputation7/10 · HighWhat independent reviews, regulators and watchdogs say about it. A poor track record scores higher.Scored 0 (clean) to 10 (worst). This area is 7/10 (High).Website claims6/10 · HighWhether the site claims (awards, years active, licences) actually check out. False claims score higher.Scored 0 (clean) to 10 (worst). This area is 6/10 (High).Operational history5/10 · ModerateHow long and how consistently it has genuinely operated. Brand-new or murky history scores higher.Scored 0 (clean) to 10 (worst). This area is 5/10 (Moderate).
Broker Summary
Summary of the broker
Many traders in the current market are heavily utilizing online services to assist with their Forex trading and as a result, when dating with a potential Brokers, choosing the most reliable broker is very important. Levels was launched in 2023, with a claim of being the next evolution for Forex trading. Although this sounds promising, extensive research to determine the regulation, transparency and offerings of each individual trader is essential.
Levels is considered a "International Business Company" (IBC) regulated out of St Lucia (because of the easy access to creating companies) and Levels claims that it operates within Egypt. However, they have no official office or executive information on record so there is a lot of uncertainty surrounding their transparency from Levels’ perspective.
Their Trading Platform consists of a Proprietary based Trading Platform. Currently there is no access to the Most widely used Platforms, MT4 and MT5, so as this will be another determining factor for whether or not traders will want to use levels.
They do have no public information available on the various Account Types (Forex Pairs, Indices, Commodities, Cryptocurrencies, etc.) they've offered. With the claims of them being experts at trading Forex and an overall User Friendly environment, it makes it difficult for anyone to verify any of this information about Levels.
Currently, Levels is not regulated by any Forex Licensing agents, nor does it have a Forex License, although it was incorporated in St Lucia.
Regulators License # Status
International Financial Services Commission No Applicable IBC Registration
Egyptian Financial Supervisory Authority No Applicable Offshore Not Registered/Licensed.
⚠️ The fact that they are unregulated and lack proper Legal protection online for all those who trade with them is very important to consider when trading or investing.
You should also note that there is little to no public information currently available regarding their Spreads, Leverage or Minimum Deposits/Investments to enable you to figure out the Trading Conditions or Technology that Levels is currently using for their Trading.
Feature Details
Trading Platform Proprietary web-based Trading platform
Mobile Trading Application Not Available
Spreads Not Available
Leverage Not Available
Minimum Deposit Not Available
Analytical Tools Not Specified
Fee Structures
Level's fees have not been shared publicly so until then there will still be a lack of visibility regarding the possible fee you might incur while Trading at Levels.
Fee Type Details
Deposit Fees Not Available
Withdrawal Fees Not Available
Commission Not Available
Inactivity Fees Not Available
Other Fees Not Available
Reputation
Currently, Levels does not have any reputable Forex reviews, nor does the company have a reputable reputation in sufficient volume on several Reputable Forex Review Platforms. Hence, several Open Sources have flagged Levels as a SCAM due to their Non-Regulated status and lack of Information within their Service offerings.
Pros None
Cons Unregulated | Undefined conditions | No feedback | High risk of fraud.
Recent Developments
From 2024-2025 there have been no positive updates to Levels on the Regulation, Platforms or Service Enhancements side so Levels could be considered stagnant.
When seeking a Forex Broker it is important to review the Regulation and Transparency, so looking at a level broker or any other Broker that is Non-Regulated and Doesn't provide a good deal of Transparency doesn’t help you to accurately review their offerings.
Regulatory Licenses
Compliance & oversight
No regulation
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for Levels. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Account Types
Trading account options
No Account Types
Account type information is not available for this broker yet.
Funding Methods
Deposit & withdrawal options
No Funding Methods
Funding method information is not available for this broker yet.
Trading Platforms
Professional trading tools
1 Available
Meta Trader 5
by MetaQuotes Software Corp • 2010
Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit
Social Presence
Digital community engagement
0 platform
No Social Media Presence
This broker doesn't have active social media accounts
Company Registration
Legal entity checked against the official company registry
Legal entity
Levels Limited
Jurisdiction
Saint Lucia
Registry
Saint Lucia Registry of International Business Companies
Registered address
Ground floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia (P.O. Box 838, Castries, Saint Lucia)
From our latest investigation · Verified Aug 15, 2026
Comments
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