Chronovalor Review – A Bunch of Faceless Cyber Criminals

Although this suspicious brokerage firm offers a polished website and promises of wealth, there’s a dark secret behind the golden veil. Namely, the content is “empty”, and key information is missing.

Hence, we advise you to read our full Chronovalor review and learn the truth about this platform. We offer fund retrieval services to victims of virtual fraud, such as the Chronovalor broker or Marsan Exchange.

Broker status:	Unlicensed Forex Provider
Regulated by:	Unregulated
Operating Status:	Active Forex Trading Scam
Known Websites:	chronovalor.com
Blacklisted as a Scam by:	FCA, FSMA
Owner:	N/A
Headquarters Country:	UK (allegedly)
Website Active Since:	2023-11-13
Online Trading Platforms:	WebTrader
Mobile Trading:	Unavailable
Minimum Deposit:	10,000 EUR
Deposit Bonus:	N/A
CFD Trading Option:	Yes, you can trade CFDs
Crypto Asset Trading:	Yes
Available Trading Instruments:	Forex, Indices, Commodities, Stocks, Cryptocurrencies
Maximum Leverage:	N/A
Islamic Account:	Available
Free Demo Account:	Unavailable
Accepts US clients:	Yes
Global Fraud Protection Experts’ Verdict:	Stay Away from this Scam

Is Chronovalor Regulated?

Is Chronovalor legit? Of course not. The website has failed to provide adequate legal information, and the documents do not offer viable and verifiable evidence that this business is transparent. We did more research to discover the platform’s real status.

This is what we found – in mid-May this year, the Belgian Financial Services and Markets Authority (FSMA) issued a warning against the platform, adding that it’s “trying to lure investors with promises of quick and easy earnings.”

Furthermore, the UK’s Financial Conduct Authority (FCA) also released a statement regarding the monkey business, revealing why “you shouldn’t deal with this clone firm.” The regulator implies that William Blair International Limited is “the genuine, authorized firm that the fraudsters are claiming to work for.”

For a safe trading experience, we recommend you opt for a transparent company that is appropriately regulated by more reputable financial authorities such as the FCA (UK), BaFin (Germany), CFTC (US), ASIC (Australia), IIROC (Canada), MAS (Singapore), etc.

Why Financial Market Regulations Matter

Brokerage firms that apply for a regulatory license under esteemed financial jurisdictions such as the EEA must maintain a significant operating capital of at least 730,000 EUR.

Furthermore, they must provide users with negative balance protection, a segregated account in a top-tier bank, a safe leverage cap (1:30), and a compensation scheme contract worth up to 20,000 EUR.

Trader Reviews – Sharing Experiences

We found 102 Chronovalor reviews on sitejabber.com. The shady broker received an average score of 3.2/5. The majority of comments are negative.

“Avoid conducting business with them. It’s a fraud! They will grant your request for a small amount of money, but if you try to drain the account, don’t expect to receive any more money from them,”

– one user wrote a few days ago.

Do you now see the truth coming out? To be sure, read all the feedback to understand how the scheme works.

Generally, online forums should always be checked to determine which providers are honest and which are deceitful. This way, you can see what others have experienced and spot any red flags. Skim through regulatory warning lists for imposters.

Who Are Chronovalor’s Users?

According to WHOIS, the chronovalor.com website domain was created on November 13, 2023. Since then, the deceptive broker has mainly been providing services to traders and investors from the following countries:

• UK
• Netherlands
• Sweden
• Croatia
• Ireland

Four EEA states implement common European regulations requiring a standard operating permit. In the UK, the FCA made it clear that Chronovalor is a fraudulent broker that is unworthy of your funds.

Nevertheless, the provider, like Brisk Markets, still offers its platform to traders despite being unable to operate in these countries’ markets, as their regulators require special permits.

Which Trading Platform Is Available?

The Chronovalor trading platform advertised on the website is a web-based terminal with fundamental features such as charts, graphs, and indicators. We tried to open it, but the Chronovalor login page blocked us. Since there’s no demo account, we couldn’t get past it.

Nonetheless, the platform is notably lackluster and suspicious. Users suggest it is rigged to display fake profits. Thus, we recommend you skip it and turn to reliable companies with proven third-party software.

MetaTrader 4, MetaTrader 5, and cTrader are the best platforms. They support a slew of sophisticated features such as automated trading options, live market reports, quick execution, and multiple timeframes.

Chronovalor account types

Account Type	Bronze	Silver	Gold	Platinum	Diamond	Premium	VIP
Minimum Deposit	10,000 EUR	25,000 EUR	50,000 EUR	100,000 EUR	250,000 EUR	500,000 EUR	1,000,000 EUR

Trading Conditions – Leverage, Spreads, Commissions

The maximum leverage cap is unknown. In general, trading with so much leverage is extremely risky; you may reap huge profits but also suffer a financial avalanche. To help prevent it, European regulators impose a safe leverage cap of 1:30 for retail clients.

Spreads and commissions are also a mystery. The account prices are insane; the minimum deposit for a Chronovalor account is 10,000 EUR. To make matters worse, there’s no demo account.

Deposit and Withdrawal Process

The website lists two payment methods for depositing and withdrawing funds:

• Credit/debit cards
• Bank transfers

Consider alternative refund methods if you’re facing withdrawal issues and can’t recover your money. Depending on your deposit method, you might need to request a chargeback or recall at your bank.

For MasterCard or Visa credit/debit cards, you can request a chargeback from your bank within 120 days of the transaction. For wire transfers, act quickly and contact your bank to recall the transaction before it’s completed.

What Should I Do If I Have Issues With Chronovalor?

Chronovalor claims to be a legitimate UK trading brand. Yet, the FCA says the platform is an outrageous scam mimicking a genuine firm. This scheme mainly targets British, Dutch, Irish, Croatian, and Swedish traders.

We do not recommend paying for these services because the firm is not operating under proper regulations. Our analysis stressed the importance of rules and the benefits of trading on platforms supervised by recognized financial market watchdogs.

If you have fallen victim to the Chronovalor scam, please book a free consultation with Fusion Forensics Limited. Our team of experts can assist you in the fund recovery process and get your money back as soon as possible.

Book your free consultation today and get your money back.