One of the worst things about Chronovalor is its presentation as a reliable company. Yet, they don’t reveal any founder information or registration details whatsoever. In the end, traders are expected to trust them for some reason.
Luckily, in this Chronovalor review, we cover all the reasons why not trust this firm. If you don’t know or are unaware of all manipulations in the trading world, read our Immediate ProAir and SafeCap.io reviews as well.
| Regulated by: | No regulations |
| Is This Company Safe? | No |
| Known Websites: | Chronovalor.com |
| Have Warnings from: | FCA, CONSOB, CNMV, FSMA, AFM, Finanstilsynet |
| Registered in: | UK (allegedly) |
| Operating since: | 2023 |
| Trading Platforms: | WebTrader |
| Maximum Leverage: | N/A |
| Minimum Deposit: | €10.000 |
| Deposit Bonus: | N/A |
| Trading Assets: | Cryptocurrencies, forex, commodities, shares, indices |
| Free Demo Account: | No |
| How to Withdraw from This Company? | After numerous warnings, it’s clear this company doesn’t have the intention to release any of the funds sent to them. Therefore, traders have to use alternative refund methods to get hold of it. For professional refund guidance, talk to our refund specialists today! |
Legal info: Is Chronovalor Legit or a Scam?
According to the company’s contact details, some traders might assume they are based in the UK. However, the company is not based there. The proof of that can be found primarily in the FCA register. Not regulation, but a warning against fraudulent activities.
In addition, there are multiple other institutions that issued a warning against this firm. Starting with CONSOB, CNMV, FSMA, AFM, and Finanstilsynet. With all these warnings, traders shouldn’t have a doubt the company is operating as an absolute scam.
Who are Chronovalor’s Victims?
Even though the Chronovalor reviews might appear legit, their target areas show a different story. This broker mainly targets countries with top-notch regulatory oversight. Starting with:
- Sweden
- Netherlands
- United Kingdom
- Denmark
- Croatia
If you are a resident of any of these, feel free to contact us directly for refund options. After all, this company won’t give you your money back freely. So, it’s all up to you now.
Traders Reviews
Chronovalor trading firm has quite positive reviews on Sitejabber. But without regulations, there’s no trader that should trust those. We all know those positive reviews can be easily faked.
But that’s why we invite you to share your experience in the comments section below. Your feedback will help other traders avoid this scam, and if you contact our refund team, you may also recover your money.
Leverage, Commissions, Spreads, Fees and Taxes
Important to realize is that the Chronovalor platform doesn’t reveal any trading conditions whatsoever. Therefore, traders have only an option to deposit money with them and risk it all or choose another broker. To make everything even worse, this company doesn’t even reveal the leverage offered to its customers. With this in mind, traders can only expect problems.
Bonuses
Since the Chronovalor platform doesn’t reveal its T&Cs and policies, the bonus policy remains unknown as well. So far, this broker doesn’t offer any welcome bonus deals. But with anonymous scam brokers, you never know.
Chronovalor Trading Features
Generally speaking, the Chronovalor broker’s features are related to certain support and education programs. However, traders must keep in mind unlicensed agents provide all these programs.
Nevertheless, the platform options available don’t include some advanced features traders would expect. Such as social and copy trading, Expert Advisors, etc.
Trading Platforms Available
When you think of a legitimate broker, you think of one offering cTrader or MetaTrader. Indeed, these can be a good starting point, but only if the brokers are regulated.
In the case of Chronovalor, no regulation or trusted platform is offered either. Traders, in this case, can only use poorly designed and fairly untrusted web-based software.
Available Trading Assets
Tradeable instruments are usually the least important thing when choosing a broker. Especially if the company is not licensed. After all, 1000 available assets can’t replace top-tier regulations.
Anyway, with this company, traders can trade:
- Forex – USD/AUD, EUR/SEK
- Indices – NASDAQ, FTSE100
- Commodities – gold, natural gas
- Shares – Netflix, Boeing
- Cryptos – BNB, BCH
Account Types
One of the things that can easily affect the Chronovalor withdrawal potential is the company’s account types. Whether you deposit €10.000 or €1M, the goal is the same. The company will present fictive features to make traders deposit more money. Some of those are:
- Personal assistants
- Exclusive market updates
- Social trading
- VOD training
- Webinar access, etc.
Fairly, for €1M deposited, you should just sit and relax. That’s not the case with this company.
Mobile Trading App
Another reason not to trust this company is a lack of trusted mobile apps. Generally, if the company offered any trusted software options, these would be available. However, without such options, traders can only expect trouble.
Demo Account
The company would offer a demo account if any of the Chronovalor account type options were legit. Since all the features are completely hidden, you know the company is up to something bad. In most cases, they are hiding all of their flaws.
Education
Apparently, the company has been offering all kinds of training, video materials, and webinars. However, if they are not regulated, traders shouldn’t trust it a bit. After all, it’s all designed to mislead traders into believing they are doing good.
Chronovalor Withdrawal
With unclear legal documents and a withdrawal policy, this company can manipulate traders as much as they want. Primarily with withdrawal delays, non-existent fees, taxes, and AML/KYC laws.
Swindlers use these most common tricks on experienced traders to extort their last money. But if you know where to seek assistance, you can keep your funds safe.
Customer Support
In general, with UK phone lines, the company might appear legitimate. However, all these lines might be VOIP services and highly unreliable.
Besides these, traders can reach the company via e-mail and web contact form. But that’s definitely not something you can rely on with a Chronovalor scam broker.
Key Information To Consider About Chronovalor
With zero transparency and credibility, it’s hardly believable that this broker can be trusted, especially with their missing regulations. In general, with such brokers, traders can only expect problems. If any of those happen, we advise all traders to seek professional assistance. Some refund options might be easier than traders think. The key is to contact the right people.
That’s why we offer the first consultation for free, where traders can explore all their possibilities without any obligation or charges. Get in touch today to book yours!
FAQ Section
What is Chronovalor?
Chronovalor is allegedly a UK-based trading company that has been operating worldwide since 2023.
Is Chronovalor Regulated?
Instead of multiple trusted licenses, the company only earned warnings from top-tier regulators worldwide.
Where is Chronovalor Located?
Chronovalor is apparently located in the UK, but all signs indicate it’s a lie. If you were tricked by this broker, contact our team for detailed refund guidance.
Source:
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