About CronosMarkets
Company Overview
CronosMarkets is an online broker registered in Saint Lucia, with a registered address at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet. The company was founded on February 13, 2025, making it a very new entrant in the forex and CFD brokerage space.
According to FXCanary's records, the broker operates under the corporate name CRONOSMARKETS LIMITED, as stated in its privacy policy. The broker maintains an Instagram presence but no other notable social media activity was found.
Regulation and Safety
CronosMarkets is not regulated by any known financial authority. Our records show no regulators on file, and the broker's website makes no mention of regulatory oversight. This absence of regulation places the broker in a high-risk category, as traders lack access to ombudsman services or compensation schemes.
FXCanary's scam risk score for CronosMarkets is 75 out of 100, indicating a severe risk. Traders should exercise extreme caution, as unregulated brokers offer no recourse in cases of disputes or insolvency.
Trading Accounts and Leverage
The broker offers two account types: Standard and Raw Spread. Both accounts provide a maximum leverage of 1:200. The Raw Spread account is described as having raw spreads with a commission of up to $4 per lot, while the Standard account's details (such as spread structure) are not clearly specified on the website.
No minimum deposit requirements are listed for either account type. The accounts are accessible via the cTrader platform, which is known for its advanced features and speed. The broker caters to retail traders seeking competitive pricing and high leverage.
Platforms and Instruments
CronosMarkets exclusively uses the cTrader platform, a popular choice among forex traders for its intuitive interface and robust charting tools. Clients can trade through the desktop, web, or mobile versions of cTrader, as indicated by links to app.cronosmarkets.com and cTrader ID login.
While the broker's website emphasizes forex and CFD trading, the specific instruments offered are not explicitly listed on the site or in our known facts. Prospective traders would need to register and explore the platform to see available assets.
Funding and Withdrawals
The broker prominently advertises 'Maximum 24h Withdrawals' on its homepage, suggesting fast processing times for client withdrawals. However, no specific payment methods (e.g., bank transfer, credit card, e-wallets) are detailed on the website or in our records.
Similarly, deposit methods are not disclosed publicly. Traders considering this broker should contact customer support to clarify available funding options and any associated fees.
Target Audience
CronosMarkets appears to target retail forex and CFD traders, particularly those interested in high leverage and low spreads. The Raw Spread account with commission is aimed at experienced traders who value tight spreads, while the Standard account likely suits those preferring a simpler fee structure.
The broker's affiliate program further indicates a focus on building a client base through referral marketing, appealing to individuals looking to earn passive income from trading activity.
Overview compiled by FXCanary from regulatory records and public data. full CronosMarkets review