KLT Invest: fair review with feedback
Analysis of the fraudulent site KLT Invest
Copying low-quality kitchens is a popular phenomenon among financial fraudsters. This helps to get rid of a bunch of negative reviews and deceive even more people before the truth becomes apparent. One such clone is KLT Invest. In our review, we will examine the signs we identified and how we came to the source of this scam.
Detailed examination of KLT Invest
According to information, KLT Invest has been operating since 2018 and is used by more than 250,000 traders. Reviews about this company are not found online, which immediately raised doubts about its honesty and reliability. Checking the domain registration date showed that kltinvest.com started operating in November 2016, with the last update in December of last year.
According to the web archive, previously kltinvest.com belonged to a Spanish company specializing in providing administrative and ancillary services.
Therefore, scammers from KLT Invest simply acquired the domain and stole someone else’s name. Here is how this site looked before:
There is no information about the management of KLT Invest, but contact details are provided (email, international phone, and office address).
Thanks to this data, we were able to find parallels and discover other clones released by these same fraudsters. One of them is Noxelo, and the other is Q-Gee. All similar projects are new. They started operating just a few months ago but have already undermined their reputation by gathering a bunch of negative reviews.
The trio of scammer brothers is obvious – they did not bother too much, so the websites of fake brokers differ only by the logo.
Licenses and rules of working with KLT Invest
KLT Invest tries to convince you of its honesty. According to their version, the company is registered in Belize and has licenses not only from the local regulator IFSC (93/48/HP/67) but also from CySEC (567/49), FSC (F364895725). We previously detailed Noxelo and Q-Gee, where these same license numbers were also mentioned. Checking the regulators’ registers showed that fake brokers mislead the public about their activities in the legal field.
CySEC Register of Cyprus:
IFSC of Belize:
FSC of Mauritius:
The official website of KLT Invest is multilingual (including Russian translation). The company attracts traders from Russia but has not received approval from the local Central Bank.
Since 2016, a law has been in force in Russia according to which every broker operating in the country must register as a legal entity, obtain membership in the relevant SRO, and be licensed by the Central Bank of the Russian Federation. Scammers from KLT Invest are not interested in this. They understand that with a negative reputation, their project is doomed. They will have to change their appearance again and launch a new clone.
Agreements with KLT Invest
KLT Invest positions itself as a CFD broker. It promises access to trading with over 120 instruments (currency pairs, stocks, indices, commodities, etc.). However, the company does not specify on which platform it offers to work and does not provide the opportunity to try a demo account. Scammers need to quickly execute their fraudulent scheme, as their devious plan will not stand the test of time.
Let’s look at the tariff plans of KLT Invest:
- Beginner. To access such an account, you need to have at least 150 USD. The company promises only 100x leverage and instant trade execution. Information about spreads, swaps, contract specifications is not provided,
- Experienced. Minimum deposit 1,000 USD. Differs from the previous account with deposit protection and the ability to trade coins, precious metals,
- Investor. To open such a plan, you need to invest 10,000 USD. Features: astronomical 500x leverage, deposit protection program, insurance, and round-the-clock support.
Reviews about KLT Invest
There are no reviews about KLT Invest, as it is a fresh scam, while Noxelo and Q-Gee have already tarnished their reputation. Here is what real clients say about them:
How the fraud with KLT Invest works
KLT Invest is a common deception that entices newcomers with empty promises. Scammers claim that everyone can achieve financial freedom with their help. It costs only 150 dollars to get in, and the maximum credit leverage reaches 500x. Few think about how dangerous it is to use such leverage when working with such high-risk instruments as CFDs. The scammers from KLT Invest threaten to drag you into a debt pit and demand payment of fictional fees and taxes.
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Summary of the review of KLT Invest
KLT Invest is another clone launched by a group of scammers. Judging from the reviews of its predecessors, cooperating with this company brings nothing good. Criminals are set on hypocritical enrichment of clients. They will ruthlessly drain your wallet to the last penny.
I am extremely dissatisfied with the service provided by KLT Invest. My experience was characterized by constant miscommunication and a lack of transparency. The advisors were hard to reach, often taking days to reply to my queries and concerns. When they did respond, they showed poor understanding of financial markets, often providing vague advice. Furthermore, their handling of transactions was questionable – there were unexpected fees and charges that were not clearly explained beforehand. Their platform was also not user-friendly, causing further frustration and confusion. Overall, my time with KLT Invest was a distressing ordeal I wouldn’t wish upon anyone. My advice would be to engage a more reliable and trustworthy broker.