KronosInvest is another unregulated CFD broker, that started recently in January 2020.
They are owned by: Lemato Partners LTD, company registration number: 24579 IBC 2018. They are located at: Suite 305, Griffith Corporate Centre, P.O.Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines. By looking at their MT4 software, we see they are connected to the Pentacle Group. According to the terms and conditions, they are based in Estonia. Their customer support email address is: [email protected], and their website is at: https://kronosinvest.co/
For withdrawal problems or complaints, read this. To find a legit broker, look here.
KronosInvest Review
People investing at the broker Kronos Invest, are given the Status web-based CFD trading app, which is user friendly, and easy to use. Also available is the industry standard MT4 desktop trading platform for download. Mobile apps are the default MT4 Android & Apple apps.
A wide range of underlying assets are available for CFD trading including; Major Forex Pairs, Minor Forex Pairs, Crypto Currency CFD’s, Gold, Silver, Oil, Market Indexes, and Shares. Margin rates on BTC were 1:1 and the spread was $80.
The minimum deposit for a new trading account at KronosInvest is $250, and they use Naspay as their credit card payment processor.
Is KronosInvest a Legit Broker?
No, KronosInvest is not a licensed broker, and they are not a regulated Crypto exchange.
When the Scam Broker Investigator reviews a new Forex or Crypto CFD broker to see if they are a scam broker or a legitimate broker, we check for a license from any of the government financial regulators.
Using a local brokerage firm, that is licensed in your country ensures that you will not have problems withdrawing your profits.
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Existing clients of KronosInvest are asked to share their experience using this broker with other investors, in the comments section below.