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Cyprus|5-10 years|
Regulated in Cyprus|Market Making(MM)|Regional Brokers|Medium potential risk|


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+357 250 300 46
Chrysorroiatissi 11, 3032 Limassol, Cyprus.


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Conotoxia Ltd

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Conotoxia · Company Summary

Aspect Details
Registered Country/Area Cyprus
Founded Year 2019
Company Name Conotoxia Ltd.
Regulation Cyprus Securities and Exchange Commission (CySEC)
Maximum Leverage Up to 1:30 for Forex CFDs (Retail Clients)
Spreads Not Provided
Trading Platforms MetaTrader 5, cTrader
Tradable Assets CFDs on Forex, Indices, Shares, ETFs, Commodities, Precious Metals, Cryptocurrencies, Futures
Account Types Retail Client, Professional Client, Experienced Retail Client
Demo Account Yes
Customer Support 24/5 in Polish and English, via phone and email
Payment Methods Conotoxia Pay, Bank Transfers, Currency Wallet


Conotoxia Ltd., established in 2019 and based in Cyprus, is regulated by the Cyprus Securities and Exchange Commission (CySEC). Offering a maximum leverage of up to 1:30 for Forex CFDs to retail clients, Conotoxia provides a comprehensive trading experience across two major platforms: MetaTrader 5 and cTrader. The brokerage caters to a wide range of trading preferences with a diverse portfolio of tradable assets, including Forex CFDs, indices, shares, ETFs, commodities, precious metals, cryptocurrencies, and futures CFDs. Clients can choose from three account types: Retail, Professional, and Experienced Retail Client, with the option to practice trading strategies via a demo account. Customer support is available 24/5 in both Polish and English through phone and email, ensuring effective communication channels. Payment methods include Conotoxia Pay, bank transfers, and the Currency Wallet, providing flexible funding and withdrawal options for traders.



Conotoxia, a financial services provider, is subject to regulation by the Cyprus Securities and Exchange Commission (CySEC). This regulatory oversight ensures that Conotoxia operates in compliance with the stringent financial standards and practices set forth by CySEC. The regulation aims to protect investors and maintain the integrity of the financial markets.


Pros and Cons

Conotoxia Ltd. offers a broad spectrum of financial services with robust trading platforms and a diverse range of CFD trading products, catering to various traders' needs. Its regulation by CySEC ensures high standards of compliance and investor protection. The provision of 0% commission on deposits and withdrawals, coupled with a versatile Currency Wallet, enhances the trading experience. However, the limitation on leverage for certain account types and the absence of certain CFDs on the cTrader platform may require consideration based on individual trading preferences and strategies.

Pros Cons
  • Regulated by (CySEC)
  • Limited leverage for retail clients as per regulatory requirements
  • Wide range of CFD products
  • Single Stock CFDs and Single ETF CFDs have a fixed leverage of 1:1
  • Offers both MetaTrader 5 and cTrader platforms
  • cTrader platform does not support Single CFD trading
  • 0% commission on deposits and withdrawals through
  • Currency Wallet and bank transfers
  • Not all CFD asset classes are available on the cTrader platform
  • Offers a Currency Wallet for efficient fund management
  • No 7/24 customer support
  • Provides negative balance protection

Market Instruments

Conotoxia offers a wide range of trading products through Contracts for Difference (CFDs), allowing traders to speculate on the price movements of various financial instruments without owning the underlying assets. Here's an organized overview of its trading products:

  1. Forex CFDs: These allow traders to speculate on the price movements of currency pairs, including major, minor, and exotic pairs. Forex trading is popular for its high liquidity and 24/5 market hours.

  2. Indices CFDs: Traders can speculate on the performance of benchmark market indices from around the world, such as the S&P 500, FTSE 100, and DAX. This product provides exposure to broad market trends and sectors.

  3. Shares CFDs: This category enables traders to speculate on the price movements of individual company stocks from various global exchanges. It offers the flexibility to trade on price movements without needing to own the shares.

  4. ETFs CFDs: Trading in Exchange-Traded Funds (ETFs) CFDs allows speculation on diversified portfolios that track indices, commodities, or baskets of assets. ETFs combine the benefits of stocks and mutual funds.

  5. Commodities and Precious Metals CFDs: These CFDs offer the opportunity to trade on the price movements of commodities like oil, gold, and silver, providing a way to diversify trading strategies and hedge against inflation.

  6. Cryptocurrencies CFDs: Traders can speculate on the price movements of various cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, without the need to directly own or store digital currencies.

  7. Futures CFDs: This product allows speculation on the future price movements of a range of assets, including commodities, indices, and financial instruments, providing a way to hedge or speculate on future market directions.

Market Instruments

Conotoxia's CFD trading products cater to a wide range of traders, offering opportunities to diversify trading strategies across multiple asset classes.

Account Types

Conotoxia offers different account types tailored to the experience and needs of various traders, allowing them to choose between Retail, Professional, and Experienced Retail Client statuses. Each account type comes with specific features and leverage options designed to match the risk tolerance and trading strategy of the trader. Here's an overview:

Retail Client

  • Additional Application Required: No

  • Maximum Available Leverage on Forex Pairs: 1:30

  • Maximum Available Leverage on CFDs on Indices: 1:20

  • Maximum Available Leverage on CFDs on Commodities: 1:10

  • Maximum Available Leverage on CFDs on Gold: 1:20

  • Maximum Available Leverage on CFDs on Cryptocurrencies: 1:2

  • Maximum Available Leverage on CFDs on Futures: 1:10

  • Maximum Available Leverage on CFDs on Futures Gold: 1:20

  • Negative Balance Protection: Yes

Professional Client

  • Additional Application Required: Yes

  • Maximum Available Leverage: On request, potentially higher than retail levels based on the client's experience, financial situation, and risk tolerance.

  • Negative Balance Protection: No, implying a higher risk and potential for losses beyond the initial investment.

Experienced Retail Client

  • Additional Application Required: Yes

  • Maximum Available Leverage: Similar to professional clients, leverage is on request and can be adjusted based on the trader's qualifications and trading experience.

  • Negative Balance Protection: Yes, offering a safeguard similar to retail clients but with the possibility of accessing higher leverage under certain conditions.

Account Types

Special Notes

  • Single Stock CFD and Single ETF CFD Leverage: Regardless of the account type, the leverage for single stock CFDs and single ETF CFDs is fixed at 1:1.

  • Choice of Treatment: Traders can choose how they wish to be treated based on their experience, with different levels of leverage and protection measures available.

  • Flexibility: The structure offers flexibility for traders to select an account type that best fits their trading strategy, experience, and risk management preferences.

This structure ensures that traders are provided with options that reflect their trading expertise and risk appetite, from the more protected retail accounts to the more flexible and higher-risk professional and experienced retail accounts.


This broker offers trading with leverage, allowing traders to open positions with a value higher than the balance of their accounts. The maximum trading leverage available varies based on the type of client and the financial instrument being traded:

  1. Retail Client: For individuals classified as retail clients, the broker offers a maximum leverage of up to 1:30 on Forex pairs, which is the highest leverage available for this group. This category benefits from negative balance protection, ensuring clients cannot lose more than their account balance.

  2. Professional Client: Those who qualify as professional clients can request higher leverage limits based on their experience, investment size, and risk tolerance. The exact leverage available is determined on a case-by-case basis. Professional clients do not receive negative balance protection, reflecting their higher risk tolerance and presumed greater financial expertise.

  3. Experienced Retail Client: This category is for retail clients with more experience who can apply for the ability to trade with higher leverage than typically available to retail clients. The maximum leverage, like with professional clients, is determined upon request. Experienced retail clients also benefit from negative balance protection.

The maximum available leverage for specific products under the retail client category is as follows:

  • Forex pairs: Up to 1:30

  • CFDs on indices: Up to 1:20

  • CFDs on commodities: Up to 1:10

  • CFDs on Gold: Up to 1:20

  • CFDs on cryptocurrencies: Up to 1:2

  • CFDs on Futures: Up to 1:10

  • CFDs on Futures Gold: Up to 1:20

It's important to note that for Single Stock CFDs and Single ETF CFDs, the leverage is fixed at 1:1 for all types of clients. This structured approach to leverage allows traders to select an account type that best fits their trading style, experience, and risk management preferences.

Deposit & Withdrawal

Conotoxia provides a straightforward and efficient process for handling deposits and withdrawals, catering to the needs of its clients with various options:


  • Methods: Clients can use Conotoxia Pay, bank transfers, or a Currency Wallet for deposits, offering flexibility.

  • Currencies: Deposits can be made in four primary currencies: EUR, USD, GBP, and PLN.

  • Options: Over 10 payment methods are available for funding the Currency Wallet, including using a bank card.

  • Fees: There are no commission fees for deposits and withdrawals when using the Currency Wallet or bank transfers.

Currency Wallet

  • Functionality: It allows clients to distribute funds across different accounts, store money securely, and accumulate savings, providing a versatile tool for financial management.


  • Options: Withdrawals can be made back to the Currency Wallet or through a wire transfer.

  • Fees: Conotoxia does not charge fees for withdrawals, but intermediary bank fees may apply for wire transfers.

  • Process: Withdrawals are processed during business hours, typically within 1-5 business days, and must be made to a bank account in the client's name.

Additional Information

  • Initial Deposits: The first deposit is recommended to be made via bank transfer for security reasons, and it's free from Conotoxia's side, though bank fees may apply.

  • International Transfers: Withdrawals in different currencies may use SEPA or international transfers, with fees depending on the bank's policies.

  • Compliance: Deposits from third parties are not accepted to comply with regulatory requirements.

Conotoxia's approach to financial transactions is designed to be user-friendly and efficient, providing clients with a range of options to manage their funds effectively.

Deposit & Withdrawal

Trading Platforms

Conotoxia Ltd. offers two main trading platforms, MetaTrader 5 (MT5) and cTrader, catering to different preferences and trading styles. Here's an organized comparison to help choose the platform that best suits your needs:

MetaTrader 5 (MT5)

  • Target Audience: Ideal for traders familiar with MetaTrader 4, seeking an upgraded experience with more features.

  • CFD Trading: Supports a wide range of CFDs, including Single Stocks CFD and Single ETF CFD with 0 long swaps, along with indices, energies, currencies, metals, shares, ETFs, and cryptocurrencies.

  • Execution and Tools: Offers one-click execution and allows testing of trading robots on demo charts.

  • Indicators and Analysis: Comes with 38 technical indicators and 44 graphic objects for comprehensive market analysis.

  • Timeframes: Provides 21 timeframes for diverse trading strategies.

  • Depth of Market (DoM): Features standard DoM for insight into market depth.

  • Trading Features: Supports 1-click trading, trading from charts, and 6 types of pending orders. Custom alerts include sound, email, and pop-up notifications.


  • Target Audience: Designed for traders looking for cutting-edge tools and analytical solutions.

  • CFD Trading: Offers trading on high-demand assets like Gold, Euro, Brent, Bitcoin, and more, but does not support Single CFD trading.

  • Community and Customization: Access to the cTrader community, custom indicators, cBots, and Breakeven Stop Loss feature.

  • Indicators and Analysis: Equipped with 65 pre-installed indicators and Level II Market Depth widget for advanced market analysis.

  • Timeframes: Features 28 timeframes, offering more granularity for analysis.

  • Trading Features: Includes 1-click trading, trading from charts, detachable and linked charts, and 6 types of pending orders. Custom alerts are available through sound and pop-up notifications.

Key Differences and Similarities

  • CFD Asset Classes: MT5 offers a broader range of CFD asset classes, including Single Stocks CFD and Single ETF CFD, which cTrader lacks.

  • Analytical Tools: cTrader provides more pre-installed indicators and a Level II Market Depth widget, indicating a slight edge in market analysis capabilities.

  • Community Features: cTrader offers unique community engagement features, custom indicators, and the ability to create cBots.

  • Demo Account: Both platforms provide fast, free demo access for users to familiarize themselves with the platform's features.

Both MetaTrader 5 and cTrader are powerful platforms with their own set of features, designed to cater to both innovators and conservatives in the trading world. Depending on your trading style, experience level, and specific needs, you can choose the platform that best aligns with your requirements.

Trading Platforms

Customer Support

Conotoxia support team is available 24 hours a day during the working week, from Monday to Friday, ensuring that help is always at hand. Clients can reach out to the team through various channels, including a direct call to the Cyprus office at +357 250 300 46 or the Poland branch at +48 224 639 988. Additionally, email support is provided through support@cy.conotoxia.comfor those who prefer written communication. With offices located in Limassol, Cyprus, and Warsaw, Poland, Conotoxia demonstrates its commitment to accessibility and customer service excellence, aiming to swiftly address and resolve any queries or concerns.

Customer Support


Q1: What types of accounts does Conotoxia offer?

A1: Conotoxia offers three main types of accounts: Retail Client, Professional Client, and Experienced Retail Client, each with different leverage options and requirements tailored to the trader's experience and needs.

Q2: Can I trade cryptocurrencies with Conotoxia?

A2: Yes, Conotoxia offers Cryptocurrencies CFDs, allowing you to speculate on the price movements of various cryptocurrencies without owning the underlying assets.

Q3: What is the maximum leverage available for Forex trading with Conotoxia?

A3: The maximum leverage available for Forex trading with Conotoxia is up to 1:30 for Retail Clients, with leverage adjustments available on request for Professional and Experienced Retail Clients.

Q4: Are there any fees for depositing or withdrawing funds from Conotoxia?

A4: Conotoxia offers 0% commission fees for deposits and withdrawals when using the Currency Wallet or bank transfers, although intermediary bank fees may apply for wire transfers.

Q5: How can I contact Conotoxia customer support?

A5: You can contact Conotoxia customer support 24 hours a day, from Monday to Friday, either by calling their Cyprus office at +357 250 300 46, their Poland branch at +48 224 639 988, or by emailing

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.


Retail Traders to Benefit from Conotoxia's Investment Advice Offering

NewsRetail Traders to Benefit from Conotoxia's Investment Advice Offering

2023-03-27 17:47

Conotoxia, the retail trading arm of Poland-based fintech Cinkciarz, has launched an investment advisory service with no entry barriers and a low threshold. It is the first company in the forex and contracts for the different industries to offer the product on a large scale. The service is available to retail traders from Europe and will provide individual investment recommendations on selected financial instruments.

2023-03-27 17:47
Retail Traders to Benefit from Conotoxia's Investment Advice Offering

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more than one year
The spdread is too high, the EURUSD spread is actually 5 pips! It could steal my money outright, but it still gave me a forex trading experience. The commission is around $4 per lot, which is still within a reasonable range. In short, the transaction cost is a bit prohibitive.
2022-11-25 16:58
more than one year
Commission fee is extremely high! No one can accept! Though they also offer Zero Commission STP account, but the spread for this type of account is too wide! 5 pips on EUR/USD pairs! Unbelievable!
2022-11-22 15:40
more than one year
Haven’t yet traded with this broker yet, I tested a demo account, to be honest, trading conditions does not impress me a lot, with spreads on the eur/usd pair from nearly 2 pips, I don’t think I can make a profit here… 😒
2022-11-22 12:03
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