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Levels is perhaps the most used tools in AE for color correction.
Color matching on individual channels is normally done with levels.
Unless PS curves in AE haven’t any numeric value,and no histogram.
Curves are commonly used for raise or lower the gamma,the S curves for brightness and contrast.
I really see curves and levels like 2 different effects for different type of result.
Obviously my choice is the effect Brightness and Contrast 
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Curves.. More powerful than Levels 
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You all suck, buhahahaha 
levels rule
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Curves ! 
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I generally use both, but I’ll go with Levels first as I find them to be more precise. Then if needed I’ll throw Curves in to make some minor tweaks.
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Curves 
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MarkBrodhuber said
I generally use both, but I’ll go with Levels first as I find them to be more precise. Then if needed I’ll throw Curves in to make some minor tweaks.
My man, now I like you even more
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Me too, I usually start with levels and then add curves if I can’t achieve what I need to have.
Best Regards, Abndrey
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