Conotoxia - Minimum Deposit, Spreads, Leverage

Conotoxia is a CFD broker in Cyprus, which was registered in 2013. This company focuses on the CFD markets, and offers trading services related to forex, indices, shares, ETFs, commodities, cryptos, and futures. More importantly, it is regulated by Cyprus Securities and Exchange Commission (CySEC).

Pros and Cons

Is Conotoxia Legit?

Yes, Conotoxia is regulated by 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.

WikiFX Field Survey

WikiFX field survey team visited Conotoxia's regulatory address in Cyprus, and we found the company's physical office.

What Can I Trade on Conotoxia?

Conotoxia offers trading services related to CFDs, and customers can trade forex, indices, shares, ETFs, commodities, crypto, and futures on the platforms provided by Conotoxia.

Account Type

Conotoxia only provides one type of account: Smart Account with the minimum deposit requirement of 400 PLN or 100 EUR/USD/GBP.

Leverage

The leverage for different types of CFDs is not the same, but on the whole, the leverage can be up to1:30. Customers need to be careful, because high leverage may bring high potential risks.

Spread and Commission

Conotoxia claims to offer EUR/USD spread from 0 pips.

As for the commissions, different trading instruments have different commission fees.

Trading Platform

Conotoxia uses 3 types of platforms, including MT5, cTrader, and Conotoxia APP.

Deposit and Withdrawal