UK's Regulator FCA Warns against Dealing with Leveltrade Ltd

The company fraudulently claims on its website that it is registered in the UK, while on the bottom part of

fca_logo_fullThe UK’s Financial Conduct Authority has issued an announcement, highlighting that the regulator is of the view that LevelTrade (or Leveltrade Ltd) has been providing financial services or products in the UK without proper authorization. The company displays on its website a registration address in Watford, UK, with a company registration No. 09041988, claiming in the “About Us” section on its website that it is “an independent business branch of the World Global Inc. International Holding”.

Research conducted by Forex Magnates’ reporters has revealed that no such “Holding” exists, which is not really surprising bearing in mind the name. On the bottom part of the website of LevelTrade we can see that the operator is in fact registered in St Vincent and Grenadines under a P.O. BOX. The regulator advises the public to be vigilant when dealing with this unauthorized company.

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