The platform belongs to Lvl Singapore PTE, a Singaporean company. According to the site’s information, the project has attracted more than 8,000 registered clients. Besides, the brokerage firm claims that it is a member of the Investor Compensation Fund and is regulated in two jurisdictions. However, there is no documentary evidence of this.
Can you trust your money to this CFD platform? Find out in our review, where we provide detailed information about this broker.
How to Trade
The brokerage company provides access to a client portal with the ability to trade more than 3000 CFDs on all types of popular assets such as stocks or crypto, etc. You can invest in IPOs. You will find the following trading conditions on the platform:
- Average execution time 31 ms.
- 4 account types with 40% to 80% bonus.
- Withdrawal of funds within 24 hours.
- Leverage up to 1:200.
Many trading conditions are not disclosed by the broker, such as minimum deposits or spread sizes. However, the company claims that it does not withhold commissions.
All account holders except the basic account receive a trial period and training. Customer service is available in 8 languages and works 13/5.
Lvl Singapore PTE Vital Info
There is no information about the owners and managers of the company on the site. In addition, the history of the project does not contain specific data and achievements, and the description of the broker’s activities is very vague. Besides, the company claims to have been founded in 2010 and has been based in Singapore since 2018. Meanwhile, the domain was created only in November 2024. This means that the platform has been in existence for less than half a year.
Is this intermediary regulated? That’s easy to check. We found Lvl Singapore PTE in the Singapore ACRA registry. However, we found that it’s not a broker at all. The thing is that the original company was actually registered in Singapore in 2010. Although it deals with finance, it has nothing to do with brokerage services. And, of course, it did not receive licenses from either CySEC Cyprus or the Singapore regulator to carry out brokerage activities. Most likely, the fake company behind the lvl-singapore-pte.site website is simply pretending to be another organization.
The platform lags at the most inopportune moment! I had an important trade and then everything went wrong! I lost 1,800 dollars in one minute! Customer service is not working at LVL SINGAPORE - they are just stalling! I am furious! I'm letting these scammers know that their time in the market is numbered!
You are better off avoiding such firms. I'm certainly not a very experienced trader who sees through scam firms, but even I realize that Lvl Singapore doesn't look like a safe place where you can safely trade forex / CFDs and not worry about the safety of your deposit. First of all, I don't see any legal documents proving official registration in Singapore. The broker doesn't even say anything about a local license on the website, but only mentions the Cypriot regulator. Why? How can this be? Singapore has a regulatory body and all brokers are required to obtain a license, but there is none. In addition, the company with the name Lvl Singapore, which can be found in the register of legal entities, hardly has anything to do with this pseudo-broker at all. There is no evidence of their connection. Secondly, the tenure remains an unknown quantity. In one place on the website, they indicate 2018 as the year the company was founded, and in another, 2010. However, you can find the real start date very easily. Just look through a special service when their website domain was registered and you will see that it was as recently as November 2024. So trading here is not a good idea. It doesn't matter what these potential scammers are offering you, it doesn't matter what their terms and conditions are, favorable or not. In the end, you won't even be able to get your own funds back. Therefore, there is no point in investing and cooperating with Lvl Singapore.
Is this a good project? What is this shameful complimenting of a scam broker on the internet? I registered an account at lvl-singapore-pte.site, but I saw nothing good: no demo, no features, nothing!!!! Naturally, I didn't even think about making a deposit here. Those traders who came to this point, what were you thinking? Who are you? Any deposits here are just money thrown away, nothing good will happen if you transfer your money to LVL SINGAPORE. These scammers will take your funds for themselves and you can never get it back. I'll give you a hint - this is a fake brokerage company that doesn't exist. It doesn't have an officially registered legal entity, and it doesn't have physical offices either. Don't even think about a license. It is also unclear who founded this pseudo brokerage platform and where they are located. In short, there are a whole set of warning signs and indications of fraud.
This is a cool broker that offers tons of features. Such as help in trading, financial plan, and investing!!! In short, there are a lot of opportunities, it all depends only on the trader's desire, whether he wants to use it all or not. I trade perfectly well intraday on an excellent platform LVL SINGAPORE PTE, which does not lag, does not fail and always works stably. Spreads are not critical, and commission is zero. There are ideal conditions for earning on intraday fluctuations. I strongly recommend this broker to everyone. But consider your own risks. Don't keep all your funds in a brokerage account at lvl-singapore-pte.site as you never know everything for sure.
This is not a broker, but ordinary scammers, which are somewhat different from other projects on the market today. What they have in common with LVL Singapore PTE is the same type of websites: 3-5 types of accounts, lack of legal documents and dubious registration. These can already be called mandatory conditions, which are found in 90% of cases. In addition, the problem is further aggravated by the lack of proper support. The data is online, but I tried to contact the administration and there is no answer...
I opened an account with a broker for the first time in my life and immediately failed. However, I didn't lose that much, only $280. However, I am still offended. I will note that no managers will help you here if your deposit does not reach at least a few thousand.
I don't know what problems anyone has. I've been working with this broker for about 6 weeks and so far everything is fine. I've already made a couple thousand and withdrew it at the first opportunity. I withdrew via crypto because that way transactions are processed without commissions and it's more convenient for me. I had no problems with LVL SINGAPORE. Yes, I had to go through verification. However, this is quite a standard procedure. They did not require anything supernatural and checked my documents for two days. The application was processed for another two days. Meanwhile, the money arrived on my wallet quite quickly. Overall, everything is good, but of course, there are a couple of drawbacks. In particular, it took me a long time to adapt to the trading terminal at lvl-singapore-pte.site. I have traded on MT before, so it was a bit unfamiliar to me here. It's a pity that the platform is not customizable, but basically what is there is enough for trading. I would also add some services like automatic tracking/copywriting and maybe some robots. Unfortunately, there is nothing like that here yet.
There are many signs of fraud here. First, the company has virtually no positive comments online. The mentions of this scam are based on unfavorable reviews. This means that we have a new scam broker in front of us. Secondly, this is confirmed by the young domain that the firm has allegedly created in 2010. Thirdly, the lack of registration documents looks extremely negative. How will LVL SINGAPORE PTE prove that they really exist and really work? Absolutely not, because they have actually been operating for a couple months, and are just a regular website offering fake brokerage services to people. I can see scams like this right away, it's a template fraudulent resource where money is accepted either in crypto or to fake accounts of individuals. So you have no chance of getting your capital back.
Hidden commissions are here at every turn. The broker promised spreads of 2 pips, but in reality they constantly increase to 10 pips or more during volatile times.1,300 USDT just disappeared from my account in a couple months.
Well, you can congratulate me on my debut, Lvl Singapore PTE is my first scam ever. The cool thing is that I invested over 3k dollars and do you think I made anything? No, not a single cent!!! Instead, I realized I was trapped in a dumpster fire 😮 it refuses to not only withdraw my own money, but also refuses to get in touch.
I don't usually comment or leave reviews, but I'll make an exception for Lvl singapore pte. First, they do not have any verified information about the registration of the firm nor do they have a number in the Singapore registry to verify it. Secondly, I was disappointed when trying to withdraw my money, they procrastinate for as long as possible, making up unrealistic conditions. When I did get my profit, I saw that they impose a 15% tax. And finally the account is blocked after all fees have been paid!
For some reason my request to withdraw 830 euros was processed for a week. The support staff says that some bank has to check something further and I just have to wait. Please share your experience with this broker. How do you usually withdraw money from here? I'm already starting to doubt that registering here was a good idea of mine. I can't help but get the feeling that these are scammers who cheat traders.