Levels ( LV.LS) Review

About Levels ( LV.LS)

The platform operates solely as a simulated trading evaluation environment, with no handling of real funds, assets, or financial instruments. Assets are limited to foreign exchange (FX) instruments only; cryptocurrencies, equities, indices, and commodities are not supported. All participation involves simulated “challenges” conducted via internal pip-based metrics, with no real monetary value, no platform balance, and fees paid are solely for digital access to this simulated service. Chancery Lane Traders, a UK-registered company, owns and operates the site. No regulatory licences or registrations with financial authorities are disclosed. The UK’s Financial Conduct Authority issued a warning noting Levels (lv.ls) is not authorised to provide financial services.

The minimum to start a challenge is USD 50, and there are no additional deposit requirements or withdrawal features noted since real money is not involved. Trading instruments remain limited to FX within the simulated platform; spreads exist but commissions are not charged. No leverage applies, as there are no actual trades or financial transactions. Swap-free or Islamic account features are not indicated. Hedging and use of EAs are not explicitly addressed; scalping and algorithmic tools presumably relate only to simulated strategy. Domain is lv.ls.

Pros and cons

Pros

• No real funds are risked—simulated environment only.
• Minimum challenge entry is low (USD 50).
• Clear terms outlining that no financial services are provided.

Cons

• Lack of regulation; FCA explicitly issued an unauthorised warning.
• No client protections (segregated accounts, fund safeguarding, negative balance protection).
• Platform does not facilitate real trading, deposits, withdrawals, or leverage—limits practical trading applicability.