Kronosinvest Review (2023)
Is Kronosinvest a scam or legit broker?
It is not safe to trade with a Forex broker Kronosinvest. It claims to be owned and operated by KRONOSINVEST Ltd, however, it doesn’t provide any information about its regulation or location, no contact phone numbers as well. The lack of these details should be considered the main red flag, as all the regulated and reliable brokers keep this information transparent.
About Kronosinvest
| 🗺️ Registered in | Estonia |
| 🗺️ Type of License | No License |
| 🛡️ Is Kronosinvest safe to trade | No |
| 🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
| 🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
Kronosinvest is an international company that has been providing a range of services, in Forex and CFDs in commodities, indices and stocks since 2010.
According to the terms and conditions on the website, the broker is overseen by the Estonian jurisdiction. Although we haven’t found any information about Kronosinvest in the Estonian regulator’s Financial Supervision Authority (FSA) register.
Moreover, Kronosinvest has been blacklisted by Italian regulator CONSOB:
“CONSOB has availed itself of the new powers resulting from the “growth decree”, ordering internet providers to inhibit access from Italy to 5 new websites (including Kronosinvest) offering financial services without the proper authorisation.”
Conclusion
We advise all investors and traders to avoid Kronosinvest and other unregulated brokers. The lack of information about the broker’s regulation, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams.
Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and Alpari.
You can also share your trading experience with Kronosinvest by commenting on this review.
Kronosinvest website is no longer active.
Reviews
Comment Area
Ilona
hello my name is ilona kerekes from norway .. i opened with you in kronosinvest .com a bitcon account .. deposit was 250 euro ..and then i got an agent named Georg just this name and two phone numbers who usually call and call me one of +442039051756 his other number is +35796946147 .. he even made an account that can be used as bikon investment trading and buy this been my account at kronosinvest.com and he made a password himself also abc123 .. so then i sent again through my visa debit card 500 euros additionally saw everything 750 euros .. from september 14 we managed to build up 1500 euros ..when i wanted money memory to come back with me and end with kroneosinvest .. then georg my agent that slowly he does everything because i cant english and does not understand this page so he signed up today 01.10.2019 that he closed my account without me being through anydesk page and he slowly has a page that only when do i want my money when i m to pay a fee like 250 euros when i for my money as i invested and known addition be 1500 euros .. but when i wanted to do this then my bank slow that this strange that i have to pay so much fee that pre-memory money ,, so My DNBbank closed that I can not pay to this page foreign transaction because you think this is a scam and unclear online site called: / https: //safecurrency.com/en#home..When I log in then need a phone code and then see that i have to pay 250 euro .. i talked to a live chat person they slowly that they have no money to pay and unclear the whole site that geog this agent opened .. when i want to talk to him then all the time busy and I do not have an account with kroninvesterin.com because he is my closed account..when I do not forfeit money 1500 euros who can help me that the money will come back I only the receipt when I sent and open account with kroninvesterin.com can please help me or you r where i can do something like contact with this agent man geog is very thank you guys ilona kerekes
Same here, compleatly same story.
Ugyanígy jártam Ilona. Tudnánk beszélni?