About Levicryptotrade
Overview
Levicryptotrade is a broker registered in the United Kingdom, founded on 1 April 2021. The firm lists its registered address as Westfield Liverpool, Macquarie St, Liverpool NSW 2170. However, the company's official website, levicryptotrade.com, has already been shut down, significantly limiting the availability of independent public information about its operations.
FXCanary's records indicate that Levicryptotrade has no regulatory oversight from any known financial authority. This absence of regulation is a critical factor for any potential trader to consider, as regulated brokers are subject to strict financial and operational standards designed to protect client funds.
Account Types
The broker offered four account tiers: BASIC (min deposit $500), STANDARD (min deposit $1,000), PREMIUM (min deposit $5,000), and DELUXE (min deposit $10,000). No maximum leverage figures were provided for any of these account types.
These account tiers suggest an intention to cater to a range of traders, from smaller retail participants to those with substantial capital. However, without an active website or regulatory oversight, the actual trading conditions and execution quality cannot be verified.
Regulation and Safety
Levicryptotrade operates without any confirmed regulatory licence. FXCanary has cross-checked available industry databases and found no registration with the UK's Financial Conduct Authority (FCA) or any other major regulator. This lack of oversight means that traders have no recourse to a financial ombudsman or compensation scheme in the event of a dispute or broker failure.
The broker's FXCanary Scam Risk Score is 75 out of 100, indicating a severe risk level. The combination of no regulation, a defunct website, and limited transparency makes this a highly cautionary case for any trader.
Company Background
Levicryptotrade claims to be a broker based in the United Kingdom, but the provided address is in Liverpool, Australia (NSW 2170). This discrepancy raises questions about the actual location and operational presence of the firm. The company was founded in early 2021, but its website is no longer accessible.
Given the limited and potentially contradictory information available, FXCanary advises extreme caution. The absence of a functioning website or regulatory status suggests that the broker may not be actively offering services, or it may have ceased operations entirely.
Overview compiled by FXCanary from regulatory records and public data. full Levicryptotrade review