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Conotoxia

Cyprus | 5-10 years |
Regulated in Cyprus | Market Maker (MM) | Self-developed | Suspicious Scope of Business

https://forex.conotoxia.com/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Brazil 2.99
Surpassed 70.70% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+357 250 300 46
support@cy.conotoxia.com
https://forex.conotoxia.com/
ChrysorroiaTissis 11, 3032 LiMassol

Licenses

Licensed Entity:Conotoxia Ltd

License No. 336/17

VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Basic Information

Registered Region
Cyprus
Operating Period
5-10 years
Company Name
Conotoxia Ltd
Abbreviation
Conotoxia
Company employee
--
Customer Service Email Address
support@cy.conotoxia.com
Contact Number
+35725030046
Company address
ChrysorroiaTissis 11, 3032 LiMassol
Account
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Comment
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Website

conotoxia.com
104.17.136.12
Server Location
United States
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
2013-08-10
Website
WHOIS.RRPPROXY.NET
Company
KEY-SYSTEMS GMBH

Company Summary

ConotoxiaReview Summary
Founded2013
Registered Country/RegionCyprus
RegulationCySEC
Market InstrumentsCFDs (forex, indices, shares, ETFs, commodities, cryptos, futures)
Demo Account
LeverageUp to 1:30 (Retail clients)
EUR/USDSpread0 pips
Trading PlatformMT5, cTrader, Conotoxia APP
Min Deposit400 PLN, 100 EUR, 100 USD or 100 GBP
Customer Support24/5 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).

Conotoxia's homepage

Pros and Cons

Pros Cons
Regulated wellSingle account type
Wide range of CFD productsLimited 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 AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
Cyprus Securities and Exchange Commission (CySEC)RegulatedCyprusMarket Making (MM)336/17
Regulated by CySEC

WikiFX Field Survey

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

WikiFX Field Survey

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
What Can I Trade on 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.

Account Type

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.

Leverage

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 InstrumentCommission
CFDs Indices
Single Stocks CFD and Single ETF CFD0.5% per trade deal
Stocks CFD and ETFs CFD0.1% per trade (min $2)

Spread and Commission

Trading Platform

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

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, Mobile, Tablet, WebExperienced traders
cTraderDesktop, Mobile, Tablet, Web/
Conotoxia APPMobile/
MT4/Beginners
MT5 vs cTrader
Conotoxia APP

Deposit and Withdrawal

Deposit Options Base CurrenciesDeposit FeeDeposit Time
Bank transferEUR, USD, GBP, and PLN1-5 working days
Withdrawal Options Base CurrenciesWithdrawal FeeWithdrawal Time
Wire TransferPLNRequests are processed between 8:00–16:00 CET time
SEPA TransferEUR, USD, GBP
International Transfer
Deposit
Withdrawal
Withdrawal

Keywords

  • 5-10 years
  • Regulated in Cyprus
  • Market Maker (MM)
  • Self-developed
  • Suspicious Scope of Business

Wiki Q&A

WoodCrusher
Within 1 year

What are the detailed fees of Conotoxia forex trading or currency exchange?

WikiFX Reply
Risk‑first: Conotoxia charges no brokerage fees on forex, indices, energies and metals; it applies a fixed commission of ~$40 per $1 million traded on FX instruments. Spreads on EUR/USD reportedly range from ~0.10 pips (under ideal conditions) to typical user‑reported spreads of 5–10 pips under live conditions. Commission and swap rates are not fully disclosed and may vary by account or instrument
Broker Issues
Conotoxia
Fees and Spreads
07-27
United States
Arnold Joseph
Within 1 year

Is Conotoxia forex or Conotoxia Pay legit / safe?

WikiFX Reply
Risk‑first: Conotoxia Ltd. is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 336/17, meaning it operates under EU-level oversight with investor protections such as negative balance protection and client fund segregation. However, CySEC has recently fully suspended its license due to governance and compliance breaches, preventing it from offering investment services until corrections are made
Broker Issues
Conotoxia
Regulation
07-02
United States
TradeTimeAllWasted
Within 1 year

How long do Conotoxia withdrawals take?

WikiFX Reply
While official timelines are not published, multiple user reviews report severe delays from several days to weeks, with some funds reportedly unreturned at all. Trustpilot feedback includes “transfer … still not processed as of 9th October” and stories of missing money since months ago
Broker Issues
Conotoxia
Deposit
Withdrawal
06-21
United States
Phoebe Yao
Within 1 year

Does Conotoxia have any cons?

WikiFX Reply
Cons include license suspension by CySEC for governance violations, high spreads and commission margins (~40 USD per million traded, or spreads up to ~5–10 pips), limited transparency on fees, and extremely poor user feedback about withdrawal processing and customer service responsiveness
Broker Issues
Conotoxia
Regulation
05-28
United States
View More
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