Abstract:Cronoscap is an online trading platform based in St. Vincent & the Grenadines that offers a range of trading services. However, it is important to note that the company's regulatory status is currently under suspicion of being a clone or fraudulent, which raises concerns about its legitimacy. They require a minimum deposit of $100 and offer a maximum leverage of 1:500, with spreads ranging from 1.6 to 2.2 pips depending on the chosen account type. Cronoscap provides access to a variety of tradable assets, including stocks, indices, precious metals, energies, cryptocurrencies, forex, and commodities. They offer different account types, including Islamic accounts, and provide customer support via email at support@cronoscap.com. Additionally, educational resources are available on their website. However, it is essential to exercise caution and conduct thorough due diligence before considering their services due to regulatory concerns.
Cronoscap Review Summary | |
Founded | 2004 |
Registered Country/Region | St. Vincent & the Grenadines |
Regulation | Unregulated |
Market Instruments | Stocks, Indices, Precious Metals, Energies, Cryptocurrencies, Forex, Commodities |
Demo Account | Available |
Leverage | Up to 1:500 |
Spread | Range from 1.6 to 2.2 pips depending on the account |
Trading Platform | cTrader |
Min Deposit | $100 |
Customer Support | Email: support@cronoscap.com |
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 | 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 |
Cronoscap is now under no valid regulation from financial institutions.
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 | ❌ |
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 |
Cronoscap offers a maximum trading leverage of up to 1:500.
Cronoscap offers traders flexible spread and commission options ranging from 1.6 to 2.2 points.
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 |
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.
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