Level Up Traders - Firm Review

What happened

Level Up Traders (branded Leveled Up Traders / Leveled Up Society, at leveleduptraders.com, based in Miami) was a small forex and CFD prop firm. In 2025 it announced a migration to a new brand, “Alpha Traders,” but the transition went badly: no migration details, account transfers or support contacts were provided, and its own website went offline (it now returns a “site not found” error), its Discord was deleted, and support stopped responding. Multiple traders report losing challenge fees and funded-account profits with no recourse, unanswered payout requests, and being asked to repeat KYC verification shortly before the platform disappeared. Its Trustpilot (around 88 reviews) turned predominantly negative after the shutdown. Whatever the internal cause, the firm should be treated as terminated, and no money should be sent to it or to the Alpha Traders migration until verifiable, trustworthy operations can be confirmed.

The rule that defined it (historical)

When it operated, Leveled Up Traders’ most distinctive trait was that it monetised as paid upgrades two things most firms bundle for free. Holding trades over the weekend was only permitted if you bought the pricier “Swing” challenge (roughly $10–$100 more per tier), and news trading required a separate paid “News Trading” add-on — without it, any trade within five minutes of a medium- or high-impact event (NFP, FOMC, rate decisions) was a breach that forfeited that trade’s profits. In a sector where weekend-holding and news rules are usually simple toggles, charging for both was unusual. It’s of historical interest only now, but it fits a broader pattern of a firm optimising for fee extraction.

How it worked (for reference)

Before it closed, Leveled Up Traders offered 1-step and 2-step evaluations (plus a Swing variant), account sizes $5k to $200k, on TradeLocker (built on TradingView; no MT4/MT5), across forex, crypto, indices, energies and metals as CFDs, with leverage up to 1:50. The split was marketed up to 90%; drawdown was a 5% daily loss and 10% maximum. It advertised daily payouts (crypto) with no maximum and no minimum trading days, on a one-time fee ($79 up to ~$1,199 for the $200k Swing) with no free resets. These figures describe the product as advertised; they are no longer purchasable.

If you are owed money

If you had a challenge or funded account with Level Up Traders / Leveled Up Traders when it went dark, treat it as a payout failure: gather all your records (receipts, statements, payout requests, chat/email logs), report it to relevant consumer or financial authorities, and notify your card provider about a possible chargeback if you paid recently. Be wary of any “recovery” service promising to retrieve your money for an upfront fee — these are a common follow-on scam. We’ll update this page if the situation changes.

Verdict

There is nothing to recommend. Level Up Traders / Leveled Up Traders has ceased operations — its site is offline, its community channels are gone, and traders report withheld funds after a botched migration to “Alpha Traders.” Do not buy a challenge or fund an account associated with it.

As a cautionary note for choosing any prop firm: the warning signs here were visible even before the shutdown — a firm that monetised basic rules as paid add-ons, plus complaints of suspicious slippage near evaluation end and payout denials for unlisted rules. Patterns like those, and any abrupt “rebrand/migration” without clear account-transfer details, are reasons to step back rather than deposit more. We’re keeping this review live so anyone searching for the firm finds this warning rather than a stale sign-up page.

Frequently Asked Questions

Is Level Up Traders still operating?

No. Level Up Traders (branded Leveled Up Traders) announced a migration to a new brand, Alpha Traders, in 2025, and its own website is now offline, its Discord deleted and support silent. Traders report withheld challenge fees and funded-account profits and unanswered payout requests. It should be treated as terminated, and you should not buy a challenge or fund an account associated with it.

What happened to Level Up Traders and Alpha Traders?

Leveled Up Traders announced it was migrating to a new brand called Alpha Traders in 2025, but the transition was handled poorly: no migration details or account transfers were provided, the original website went offline, and support disappeared. Many traders reported losing money in the process. Until verifiable, trustworthy operations can be confirmed, do not send funds to either brand.

What was distinctive about Level Up Traders when it operated?

It monetised as paid upgrades two things most firms include for free. Weekend holding was only allowed if you bought the pricier Swing challenge, and news trading required a separate paid add-on, without which any trade within five minutes of a medium or high-impact event forfeited that trade profits. Charging for both is unusual and fit a broader pattern of fee extraction.

What did Level Up Traders offer before it closed?

It offered 1-step and 2-step evaluations plus a Swing variant, with account sizes from $5k to $200k on TradeLocker, across forex, crypto, indices, energies and metals. The split was marketed up to 90 percent, drawdown was 5 percent daily and 10 percent maximum, and it advertised daily crypto payouts with no maximum. These details are historical, as the firm is no longer operating.

I am owed money by Level Up Traders. What should I do?

Treat it as a payout failure. Gather all your records, including receipts, account statements, payout requests and correspondence, report it to relevant consumer or financial authorities, and notify your card provider about a possible chargeback if you paid recently. Be wary of recovery services that promise to retrieve your money for an upfront fee, as these are a common follow-on scam after prop-firm collapses.

Level Up Traders has ceased operations (site offline, funds withheld reports) — do not buy a challenge or fund an account.