CSS-lkt has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to
Lilauto Trade. We’ve received over 3 complaints against CSS-lkt.
We suggest working with a trustworthy broker with specialized staff, latest tech and most importantly, customer-centric trading conditions. After reviewing 1000+ brokers, we rank the following company as the best:
Key Takeaways
Is CSS-lkt Regulated? Do They Have a License?
CSS-lkt claims to be among the world’s leading and fastest-growing brokers. However, this assumption is not true. CSS-lkt is nothing more than an anonymous online fraud posing as a legitimate financial services firm. This essay will explain why you should avoid entrusting your money to CSS-lkt and how to spot fraudulent brokers.
The most important information about a financial services firm is its regulatory status. Legitimate brokers are open about their firm details, locations, authorized jurisdictions, and the regulatory organizations that regulate their operations.
CSS-lkt’s website does not contain any such legal information. There is no mention of the company name or regulatory license information. The Customer Agreement and other documents make no reference to any legal body. While the website gives an incomplete location in Monaco, the Customer Agreement specifies Belize, an offshore zone known for financial scams.
A careful search finds that CSS-lkt is neither on the registries of the Monaco Financial Activities Supervisory Commission or the Belize Financial Services Commission. Furthermore, Russian banking authorities have banned CSS-lkt.
CSS-lkt should not be trusted due to its lack of openness and incorrect information. Instead, try working with brokers who are regulated by reputable organizations such as the Cyprus Securities and Exchange Commission (CySEC) or the UK’s Financial Conduct Authority (FCA). These regulators provide investor protection measures, such as negative balance protection and compensation systems, to ensure that your assets are safe.
The lack of regulation or the presence of poor regulation is a huge red flag. It means CSS-lkt might be a scam or most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of CSS-lkt, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Trading Conditions and Deposit/Withdrawal Methods at CSS-lkt
CSS-lkt operates a simple web-based trading platform with minimal features. While it can place orders, it lags behind industry standards such as MetaTrader 4 (MT4) and MetaTrader 5. These platforms provide significant customization possibilities, multiple account support, bespoke scripts for automated trading, and backtesting capabilities.
However, the existence of a trading platform does not imply authenticity. Scammers frequently utilize rigged platforms to trick consumers into believing their money is being invested, when in fact the funds are going directly into the scammers’ coffers.
CSS-lkt needs a $500 minimum deposit, which is much higher than respectable brokers, who normally ask for $5 to $100 to start an account.
Furthermore, CSS-lkt accepts only bitcoin deposits. This is a red flag since cryptocurrencies provide scammers anonymity and make it difficult for victims to recoup their money.
CSS-lkt promises to offer trading in a variety of asset types, including currencies, equities, indices, cryptocurrency, and commodities. However, given the lack of regulation and transparency, there is no reason to trust that these products are legitimate.
The software shows attractive spreads, such as 0.6 pips for EUR/USD, but does not specify whether additional commissions are imposed. Furthermore, these transactions are likely fraudulent.
Leverage and Withdrawal Requirements
CSS-lkt advertises high leverage ratios, such as 1:50 for bitcoin trading and 1:20 for other instruments, which are not permitted by EU legislation. The European Securities and Markets Authority (ESMA) restricts leverage to 1:30 for major currency pairings, and even lower for smaller securities.
CSS-lkt does not disclose any withdrawal conditions, fees, or minimums. Scammers frequently impose hidden fees and limitations that hinder users from withdrawing their payments.
However, it’s worth noting that many forex scams disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, shady forex brokers stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
To avoid such scenarios, it’s best to work with a reliable and trusted broker.
CSS-lkt Customer Service: Do They Handle Complaints Well?
When it comes to forex brokers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, shady brokers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Shady brokers understand that to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, customer support won’t resolve your issues and become increasingly unavailable.
If you have information on a scam or criminal operation, you can get access to 40+ investigative journalists & news outlets for free. Send us a detailed report here and if you qualify, we will forward your case ahead.
CSS-lkt Reviews: What Do Others Say?
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Even if CSS-lkt might not be a scam, brokers like them rely on fake reviews to increase their credibility.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust the online CSS-lkt reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews posted by temporary accounts (profiles that only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of CSS-lkt, chances are, you wouldn’t find many legitimate reviews.
Another prominent way brokers like CSS-lkt enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “CSS-lkt reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising CSS-lkt.
You should always look out for consumer complaints. In the case of CSS-lkt, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about CSS-lkt? You can share your complaint in the comment section or submit an anonymous tip.
Is CSS-lkt Legit Or a Scam?
CSS-lkt is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind CSS-lkt can run away with your money without any prior notice. It would help if you were extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust CSS-lkt?
CSS-lkt raises several red flags, including anonymity, a lack of regulation, incorrect legal information, and the exclusive usage of cryptocurrency payments. Here is an overview of the advantages and disadvantages:
- Anonymous Unregulated
- Fake legal information
- Only takes cryptocurrency payments.
To protect your money, avoid CSS-lkt and instead use brokers licensed by reliable agencies like CySEC or the FCA. These authorities provide transparency, investor protection, and market integrity, resulting in a more secure trading environment.
All the evidence suggests that CSS-lkt might be a scam. You shouldn’t risk your funds with a broker you don’t fully trust.
That’s why we recommend working with a trusted broker. That way, you can avoid any hiccups and be certain of
Frequently Asked Questions
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How Forex Scams Work
Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
