This article presents a numerical model of electromagnetic levitation melting and its experimental validation. Levitation melting uses the phenomenon of magnetic induction to float a melted, usually metallic, conductor in an electromagnetic field. With the appropriate configuration of the coil (the source of the alternating magnetic field), the eddy currents induced in the molten batch interact with the coil magnetic field, which causes the melted metal to float without direct contact with any element of the heating system. Such a contactless process is very beneficial for melting very reactive metals (e.g., titanium) or metals with a high melting point (e.g., tungsten). The main disadvantage of levitation melting is the low efficiency of the process. The goal of the authors is to develop, by means of a numerical simulation and optimization tools, a system for levitation melting with acceptable efficiency. To achieve this, it is necessary to develop a reliable and representative computational model. The proposed model includes an analysis of the electromagnetic field, with innovative modeling of the convective heat transport. Experimental validation of the model was performed using aluminum alloy, due to the lack of the need to use a protective atmosphere and the ease of measurements. The measurements included electrical values, the melted batch positions during levitation, the melting time, and the temperature distribution in its area. The verification showed that the compliance between the computational model and the simulation for the position of the batch was accurate to 2 mm (6.25%), and the consistency of the batch melting time was accurate to 5 s (5.49%). The studies confirmed the good representativeness of the developed numerical model, which makes it a useful tool for the future optimization of the levitation melting system.