Krypton has been flagged by Financial Services and Markets Authority for "Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After seeing ads for Krypton online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Services and Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
After using Krypton for nearly two years, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Multi-currency support|Portfolio tracking tools|Segregated accounts
Cons: Desktop app not available on Linux|No phone support on weekends
Do not believe the bonus offer from Krypton. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after seeing their ad online and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Demo account available|Helpful community forum
Cons: Alert system is basic
The platform at Krypton is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for roughly four months of dealing with this, I have had enough.
Pros: Easy to use platform|Transparent fees|Customizable dashboard|Stable platform
Cons: Desktop app not available on Linux|Limited demo account features
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Krypton is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Lost entire investment|Reported to authorities|Unresponsive
I had high hopes for Krypton after doing extensive research, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Great customer service|Instant funding|Easy to use platform|Clean UI
Cons: Withdrawal takes 1-2 business days
I wanted to transfer my portfolio from another broker to Krypton. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Smooth onboarding|Regular updates
Cons: No phone support on weekends|No dark mode on mobile
My withdrawal request from Krypton has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Personal attention|Wide product range|Clear documentation
Cons: Wish they had more educational resources|No fractional shares