BrokersView has found that Cronos Markets appears to be a scam Cronos Markets does not claim to be licensed by any regulator; it only claims to be registered in Saint Lucia. While we can confirm that there is a company with the same name in the Saint Lucia International Financial Centre (IFC) registry, this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licences forex trading activities. Being unregulated is a major red flag for a fraudulent operation. Therefore, Cronos Markets appears to be a scam.

Cronos Markets is definitely scam broker. NON-regulated Dear Investor, Yes, Cronos Markets does not hold a valid forex brokerage licence, which suggests that it is not legitimate. It only claims to operate under the name Cronos Markets Limited, which is registered in Saint Lucia. While we can confirm that a company with the same name is registered with the Saint Lucia International Financial Centre (IFC), this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licenses forex trading activities. Furthermore, it appears that Cronos Markets has never obtained authorisation from any regulator to conduct forex trading services. This is a major red flag indicating a fraudulent operation. We therefore strongly advise you to avoid trading with Cronos Markets in order to protect your capital. View Source