Chrono FM Review 2025

Is Chrono FM Scam or Legit Broker?

No, it is not safe to trade with Chrono FM.  Chrono FM is located in Bulgaria, thus it should hold a license from the local authority to be able to provide legal financial services. However, this is not the case with Chrono FM as it is an offshore company registered in St. Vincent and the Grenadine.

• The fact is that St. Vincent and the Grenadines is an offshore zone, which does register the financial investment firm, but provides very poor if none requirements for the company operation.

What is Chrono FM?

Chrono FM is a trading name operated by the mentioned companies Sanata Group Eood and Pentacle Group Ltd, which claims a world-class trading experience in over 160 countries. The broker offers to trade about 175 products including currencies, CFDs, commodities, indices, and stocks. The company mentions its location in Sofia Bulgaria, as well ita owning a company based in St Vincent and the Grenadines, an offshore zone. Moreover, there is no response to the regulation or authorization status.

• It is a fact, that every financial investment firm and trading provider should be registered and regulated as long as the company is located in the EEA zone and generally has the legal power to offer investment services. Chrono FM trading name being established allegedly in Bulgaria should be then respectively registered by the local authority, yet it is not. Therefore, the broker Chrono FM can be classified as a non-regulated or offshore firm. The traders should strongly consider all risks involved in trading with such companies, and as per our advice should be avoided.
• The reason is that the funds' security goes first in trading, and you should trust only those companies that strongly comply with the set of necessary protective tools applied and controlled only by the industry authorities. Thus, we recommend choosing broker carefully and only from the list of Regulated Forex Brokers. In addition, Chrono FM was detected in its illegal offering towards residents of various jurisdictions and been warned to this action.

“Having established that, according to the information available, people operating in the name of 'Chronofm' have contacted investors by telephone and target population through its website in order to persuade them to open an account and trade on this website. In the fact that Sanata Group EOOD and Pentacle Group Ltd are not authorized to provide investment services to the Italian public, insofar as these companies are not registered in the dedicated register he order is issued to cease the infringement”

CONSOB, Italy. May 2018.

Chrono FM Review Conclusion

We always advise avoiding offshore and unregulated brokers at any cost. Funds safety always goes first, therefore protect yourself and do not engage in the highest risk trading with a non-regulated entity and better consider reputable firms from serious jurisdictions. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as AvaTrade and XM.com.

Chrono FM Update

Based on our research, the Chrono FM website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals.