Conotoxia - Minimum Deposit, Spreads, Leverage
Abstract：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).
| ConotoxiaReview Summary | |
| Founded | 2013 |
| Registered Country/Region | Cyprus |
| Regulation | CySEC |
| Market Instruments | CFDs (forex, indices, shares, ETFs, commodities, cryptos, futures) |
| Demo Account | ✅ |
| Leverage | Up to 1:30 (Retail clients) |
| EUR/USDSpread | 0 pips |
| Trading Platform | MT5, cTrader, Conotoxia APP |
| Min Deposit | 400 PLN, 100 EUR, 100 USD or 100 GBP |
| Customer Support | 24/5 support |
| Tel: +357 250 300 46 (Cyprus office) | |
| +48 224 639 988 (Poland branch) | |
| Email: support@cy.conotoxia.com | |
| Social media: Twitter, YouTube | |
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
| Pros | Cons |
| Regulated well | Single account type |
| Wide range of CFD products | Limited payment options |
| Demo accounts | |
| Flexible leverage ratios | |
| Multiple trading platforms (MT5 included) | |
| No fees for deposits and withdrawals |
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.
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| Cyprus Securities and Exchange Commission (CySEC) | Regulated | Cyprus | Market Making (MM) | 336/17 |
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.
| Tradable Instruments | Supported |
| CFDs | ✔ |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Cryptos | ✔ |
| ETFs | ✔ |
| Futures | ✔ |
| Bonds | ❌ |
| Options | ❌ |
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 Instrument | Commission |
| CFDs Indices | ❌ |
| Single Stocks CFD and Single ETF CFD | 0.5% per trade deal |
| Stocks CFD and ETFs CFD | 0.1% per trade (min $2) |
Trading Platform
Conotoxia uses 3 types of platforms, including MT5, cTrader, and Conotoxia APP.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Tablet, Web | Experienced traders |
| cTrader | ✔ | Desktop, Mobile, Tablet, Web | / |
| Conotoxia APP | ✔ | Mobile | / |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
| Deposit Options | Base Currencies | Deposit Fee | Deposit Time |
| Bank transfer | EUR, USD, GBP, and PLN | ❌ | 1-5 working days |
| Withdrawal Options | Base Currencies | Withdrawal Fee | Withdrawal Time |
| Wire Transfer | PLN | ❌ | Requests are processed between 8:00–16:00 CET time |
| SEPA Transfer | EUR, USD, GBP | ||
| International Transfer |
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