Cronoscap Forex Broker

Cronoscap Review SummaryFounded2004Registered Country/RegionSt. Vincent & the GrenadinesRegulationUnregulatedMarket InstrumentsStocks, Indices, Precious Metals, Energies, Cryptocurrencies, Forex, CommoditiesDemo AccountAvailableLeverageUp to 1:500SpreadRange from 1.6 to 2.2 pips depending on the accountTrading PlatformcTraderMin Deposit$100Customer SupportEmail: support@cronoscap.comCronoscap Information Cronoscap is an online trading platform based in Saint Vincent and the Grenadines that offers a range of trading services including stocks, indices, precious metals, energy, cryptocurrencies, forex and commodities. They require a minimum deposit of $100, offer a maximum leverage of 1:500, and have spreads ranging from 1.6 to 2.2 points depending on the type of account chosen. In addition, the company offers customer support via email (support@cronoscap.com).Pros and ConsProsConsDiverse Range of Market InstrumentsUnregulated stateVarious Account Types for Different TradersPotential for Conversion Fees on DepositsHigh Maximum LeverageComprehensive cTrader Trading PlatformAvailable demo accountsIs Cronoscap Legit? Cronoscap is now under no valid regulation from financial institutions.What Can I Trade on Cronoscap? Cronoscap offers traders the opportunity to trade Stocks, Indices, Precious Metals, Shares, Energies, Cryptocurrencies, Forex (Foreign Exchange) and Commodities.Tradable InstrumentsSupportedCommodities✔Forex✔Crypto currencies✔Stocks✔Precious metals✔Energies✔Indices✔Shares✔Futures❌Account Types First of all, a demo account is available. Cronoscap offers six different live account types, namely Standard Islamic Account, Platinum Islamic Account, Standard Account, Premium Account, Platinum Account and Diamond Account. The minimum deposit for a standard Islamic account is $100, typical spread starting from 2.2 pips, no swap fees, and maximum leverage is 1:500 The minimum deposit for an Islamic Platinum account is $2000, typical spread starts from 2.0 pips, no swap fees, and maximum leverage is 1:500 The minimum deposit for a standard account is $100, typical spreads start at 2.0 pips, swap fees are charged, and the maximum leverage is 1:500 The minimum deposit for a senior account is $500, typical spreads are at a minimum of 1.8, there are swap fees, and maximum leverage is presented as 1:500 Platinum accounts require a minimum deposit of $2000, typical spreads start at 2.0, and swap fees are charged, where the maximum leverage is 1:500 Diamond accounts have a minimum deposit of up to $5,000, typical spreads start at 1.6, swap fees are charged, and the maximum leverage remains: 1:500Minimum depositSpreadSwap feesStandard Islamic Account$100Starts from 2.2 pipsNOPlatinum Islamic Account$2,000Starts from 2.0 pipsNOStandard Account$100Starts from 2.0 pipsYESPremium Account$500Starts from 1.8 pipsYESPlatinum Account$2,000Starts from 2.0 pipsYESDiamond Account$5,000Starts from 1.6 pipsYESLeverage Cronoscap offers a maximum trading leverage of up to 1:500.Cronoscap Fees Cronoscap offers traders flexible spread and commission options ranging from 1.6 to 2.2 points.Trading Platform cTrader is chosen by Cronoscap to serve clients.Trading PlatformSupportedAvailable DevicesSuitable forcTrader✔Windows, MAC, IOS, AndroidInvestors of all experience levelsDeposit and Withdrawal Kronokap only processes payments in US dollars (USD). If you deposit funds in other currencies, they will be automatically converted to US dollars. Banks may charge switching fees for this.