Cronoscap foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://member.cronoscap.com/#/user/register?language=en-US, about the company's legal and temporary regulatory information, the company's address Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines..
Cronoscap Forex Broker
Basic information
Saint Vincent and the Grenadines
2-5 years Suspicious Regulatory License cTrader Suspicious Scope of Business High potential riskCompany profile
Cronoscap 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 Cons
| Pros | Cons |
| Diverse Range of Market Instruments | Unregulated state |
| Various Account Types for Different Traders | Potential for Conversion Fees on Deposits |
| High Maximum Leverage | |
| Comprehensive cTrader Trading Platform | |
| Available demo accounts |
Is 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 Instruments | Supported |
| Commodities | ✔ |
| 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: 1:500
| Minimum deposit | Spread | Swap fees | |
| Standard Islamic Account | $100 | Starts from 2.2 pips | NO |
| Platinum Islamic Account | $2,000 | Starts from 2.0 pips | NO |
| Standard Account | $100 | Starts from 2.0 pips | YES |
| Premium Account | $500 | Starts from 1.8 pips | YES |
| Platinum Account | $2,000 | Starts from 2.0 pips | YES |
| Diamond Account | $5,000 | Starts from 1.6 pips | YES |
Leverage
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 Platform | Supported | Available Devices | Suitable for |
| cTrader | ✔ | Windows, MAC, IOS, Android | Investors of all experience levels |
Deposit 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.