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Chronovalor

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Operating status: SCAM

Website: https://www.chronovalor.com/; https://www.chronovalor.co/

Broker violations and abnormal records
  • Mar 14, 2024 The FCA identifies Chronovalor as a clone firm

    On March 15, 2024, the Financial Conduct Authority (FCA) issued a warning against Chronovalor, identifying this company as a clone of an FCA-authorized firm. https://www.fca.org.uk/news/warnings/chronovalor-chronovalorcom-clone-fca-authorised-firm

  • Mar 19, 2024 BrokersView has reviewed that Chronovalor is an unregulated broker

    Chronovalor, a brokerage firm, openly admits that it is currently unregulated. Interestingly, it also emphasizes the importance of licenses to investors and provides guidance on how to identify fraudulent brokers. It employs tactics such as feigning sincerity to gain the trust of unsuspecting investors. However, it is crucial to see through these deceptive strategies and understand its true nature - it is an unregulated entity.

    Despite claiming to be based in the UK, the Financial Conduct Authority (FCA) has issued a warning about Chronovalor, identifying it as a clone firm. This implies its potentially fraudulent nature and the substantial risks associated with it.

    In essence, Chronovalor is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Chronovalor appears to be a scam.

    Chronovalor, a brokerage firm, openly admits that it is currently unregulated. Interestingly, it also emphasizes the importance of licenses to investors and provides guidance on how to identify fraudulent brokers. It employs tactics such as feigning sincerity to gain the trust of unsuspecting investors. However, it is crucial to see through these deceptive strategies and understand its true nature - it is an unregulated entity.Despite claiming to be based in the UK, the Financial Conduct Authority (FCA) has issued a warning about Chronovalor, identifying it as a clone firm. This implies its potentially fraudulent nature and the substantial risks associated with it.In essence, Chronovalor is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Chronovalor appears to be a scam.
  • Mar 25, 2024 FCA warns the public to avoid Chronovalor once again

    Chronovalor is still in business, continuing its fraudulent activities to steal money. Therefore, the FCA updates its warning against Chronovalor, cautioning the public to stay away from this unauthorized firm. https://www.fca.org.uk/news/warnings/chronovalor-chronovalorcom-clone-fca-authorised-firm

    Chronovalor is still in business, continuing its fraudulent activities to steal money. Therefore, the FCA updates its warning against Chronovalor, cautioning the public to stay away from this unauthorized firm. https://www.fca.org.uk/news/warnings/chronovalor-chronovalorcom-clone-fca-authorised-firm
  • May 09, 2024 The FCA issues an updated warning against Chronovalor, revealing more details about the clone firm

    On 10 May, 2024, the Financial Conduct Authority (FCA) added more contact information of Chronovalor to its warning, advising investors to stay vigilant about the scam. https://www.fca.org.uk/news/warnings/chronovalor-chronovalorcom-clone-fca-authorised-firm

    On 10 May, 2024, the Financial Conduct Authority (FCA) added more contact information of Chronovalor to its warning, advising investors to stay vigilant about the scam. https://www.fca.org.uk/news/warnings/chronovalor-chronovalorcom-clone-fca-authorised-firm
  • May 15, 2024 The FSMA adds Chronovalor to its warning list

    On May 16, 2024, the Belgian Financial Services and Markets Authority (FSMA) added Chronovalor to its warning list as a fraudulent trading platform operating in the Belgian market. https://www.fsma.be/en/warnings/look-out-traps-beware-these-fraudulent-trading-platforms

    On May 16, 2024, the Belgian Financial Services and Markets Authority (FSMA) added Chronovalor to its warning list as a fraudulent trading platform operating in the Belgian market. https://www.fsma.be/en/warnings/look-out-traps-beware-these-fraudulent-trading-platforms
  • Aug 01, 2024 FCA warns the public to avoid chronovalor.com once again

    chronovalor.com is still in business, continuing its fraudulent activities to steal money. Therefore, the FCA updates its warning against chronovalor.com, cautioning the public to stay away from this unauthorized firm. https://www.fca.org.uk/news/warnings/chronovalor-chronovalorcom-clone-fca-authorised-firm

    chronovalor.com is still in business, continuing its fraudulent activities to steal money. Therefore, the FCA updates its warning against chronovalor.com, cautioning the public to stay away from this unauthorized firm. https://www.fca.org.uk/news/warnings/chronovalor-chronovalorcom-clone-fca-authorised-firm

Related Complaints

Q&A

Is Chronovalor a broker using MT5?

Amarnath Fletcher
Colombia
Mar 22, 2024
ANSWER Chronovalor, due to its unlicensed status, is not a secure option for investment.The platform attempts to persuade unsuspecting investors of their sincerity and honesty, despite the glaring absence of regulatory supervision. The Financial Conduct Authority (FCA) has issued a warning and flagged Chronovalor, identifying it as a clone firm that illicitly uses the details of an FCA-authorized firm to project legitimacy.Given these conditions, Chronovalor presents significant risks, including fraud and identity theft. For a safer trading environment, it is strongly advised to opt for fully regulated brokers, rather than unregulated ones such as Chronovalor.
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is chronovalor a trusted site

Raymond Levitus
United Kingdom
May 27, 2024
ANSWER No, Chronovalor appears to be a scam, and we strongly advise you to avoid it.Chronovalor itself exhibits several red flags indicative of fraudulent activities. These include a lack of transparency and operation within an unregulated environment. It even goes as far as admitting that it is not regulated. However, such apparent honesty cannot be deemed credible or trustworthy. It is a common tactic to gain public trust through such ostensible transparency.It is evident that Chronovalor has deceived numerous investors. This is why financial regulators have received reports or complaints from its victims. These complaints have brought Chronovalor to the attention of authorities. As a result, the Financial Conduct Authority (FCA) has issued a warning against Chronovalor, flagging it as a clone firm. Additionally, the Belgian Financial Services and Markets Authority (FSMA) has added Chronovalor to its warning list as a fraudulent trading platform.Given all these facts, Chronovalor (chronovalor.com) cannot be trusted. We strongly advise against responding to any offerings made by the broker and its staff.
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1 comments

Hans MacDaniel
You read an article on trading and the expectations of the YuanBitcoin and think. "Why not give it a go". Fill in a form to get you in contact with the broker. (Not knowing it's Chronovalor, at the time).Soon you get a phonacall from a lovely lady; Anna, promising you all sort of things and pushing you to 'invest' more money. I already felt uneasy about it and although it sounded tempting I refused the deal. She keeps phoning for weeks but I stick to my guns.Next another con-artist phones. No speaking my native language, because I may not have understood the English well enough to realise what a great offer it was and how good the opportunities are with Chronovalor. He tried twice and than; Nate comes online. Weeks on end he phones and mails, with offer upon offer. We even transfer some money to Kraken, just to show it works and to assure me I can withdraw funds if I want to.Still I decline to put more money on the platfor.In the end I initiatate a withdraw of about $900 to transfer my 'winnings' to Kraken.And now things go quiet. Instead of two working days for the transfer after a few weeks I get a phonecall from a 'manager'(as he calls himselve) to see if all went okay. He assured me the transfer was approved, but 'something' did hold up the procedings, he would check and ring me back a fwe days later.This still has to happen, two weeks later and a month after the money should hed been transferred it still has not arrived.So yes DO 'invest' with this organisation IF you wan to be sure to LOSE it al.
Jun 27, 2024
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