Conotoxia
2.3

Conotoxia

Regulation: Cyprus Securities and Exchange Commission CySEC

Reviewed broker: Conotoxia

Established in 2017

Operated by Conotoxia Holding

Location: Cyprus

Regulation: Cyprus Securities and Exchange Commission CySEC

Member of the Investor Compensation Fund in Cyprus (ICF)

Trading instruments: 60 Forex currency pairs, including Major, Minor, and Exotic pairs. This broker also offers a number of commodities and precious metals including Silver, Gold, and Brent_Oil amongst others and also a few Indices.

Cryptocurrency: cryptocurrencies are available for trading including: BTCUSD, LTCUSD and ETHJPY just to mention a few.

Note: Conotoxia offers its services to customers residing in the European Economic Area only.

Awards

Innovative offer and dynamic development make us highly recognized by our clients and awarded by experts. Here are some of our selected achievements.

Best Trading Experience 2022 – Ultimate FinTech Award

“Rising Star of the Year” (Invest Cuffs 2021)

Trading Conditions

Always feel it`s too hard to make a proper choice? We took care of that and created just one main Smart account.

You can trade CFD, invest in thousands of global instruments, get access to the Single Stocks CFD and Single ETF-s CFD, transfer money in 160 currencies and receive a Visa card. All this and more from a single account.

Those wanting to test out trading with this broker can do so by opening a demo account in GBP, USD, EUR or PLN currency. On the demo account, customers can trade Commodities, over 60 currency pairs, Indices, and Crypto CFDs. This broker does not restrict how much trading money is available in the Demo so the customers can adjust this level as they please. If a demo account is not logged into for over 90 days, the account will expire.

Contonoxia base currencies are: EUR, USD, GBP, and PLN.

Leverage: Retail clients have a maximum leverage of 1:30 whilst professional clients can use leverage of 1:300.

Minimum trading size: Forex pairs is the industry standard of 0.01 Lots

Spreads: floating spreads, swap fees plus commissions

Trading Platforms

cTrader

Conotoxia offers the cTrader Platform which is an innovative STP/NDD trading platform that enjoys fair popularity amongst traders worldwide. Although it is not as popular as the MT4 or the MT5 platforms, the cTrader has a number of advantages that one should take note of. With cTrader customers can choose from multiple order types, detachable and advanced charts, an extensive indicator library and level II pricing.

Customers can also make use of this platform on their preferred browser. CTrader WebTrader is the world’s first HTML5 trading platform that works with the latest versions of Chrome, Firefox, and Safari. Another interesting addition that Conotoxia offer is the cAlgo which enables users to create and develop trading cBots and customize all available technical analysis indicators.

Modern clear interface

cTrader is visually unparalleled. Its stunning, intuitive design allows you to quickly navigate through the trading space and use all the features to the maximum from day one as if you are a pro trader. The platform is connected to sophisticated backend technology and is available on multiple devices


Advanced protection levels

Advanced Take Profit can be used to scale out of a position at multiple levels; a cTrader Stop Loss can be set to break even, and a Server Trailing Stop can be used to follow your profitable positions.

Smart Stop Out

This type of order may give a chance of recovery once your margin falls below the Stop Out set. A position that takes on the most significant margin will be partially closed to maintain your trading account activity. This algorithm protects margin, positions, and balance.


Automate your experience

State-of-art cTrader Automate offers an in-built Code Editor, a powerful API that gives you access to all the necessary functionalities for developing a robot or an indicator, and a ‘Plug-n-Play’ option to install and run your cBot in seconds.

Step-forward analytical tools

Check comprehensive symbol information with smart i‑Windows, use Volume Tooltips to inspect your upcoming order opening, and analyse transaction history with a detailed timeline of all the account events. Be sure to stay informed at every step!

Socialise you trading

You can refer to the Live market sentiment indicator that displays the ratio of long and short positions of all other traders. You can make a shot of your chart with strategy or successful position and share it with friends on socials. Use the hashtag #ConotoxiaTrading to be inside the branded community whenever you post.

Metatrader 5

MetaTrader 5 is a popular choice for those who have built their trading experience on its predecessor, MetaTrader 4. Enjoy trading on Stocks & ETFs DMA (Direct Market Access) with 0 long swaps, along with thousands of other CFDs, including indices, energies, currencies, metals, single shares, ETF, and cryptos. Benefit from one-blink execution and test your trading robots on demo charts.

Supreme solutions

Take your trading to the next level with prime easy-to-use tools appreciated by millions of users.

High transparency

Examine your past trading performance and analyze your results: all order details are displayed in the detailed transaction history.

In-depth analysis

See the whole market picture with 21 timeframes, check the built-in news feed, analyse price movements with 38 proven indicators, and add any custom ones.

Tailored platform space

Modify the MT5 layout in line with your preferences and trading style. You can open up to 100 charts simultaneously, change colour schemes, and use advanced drawing tools.

Automated Trading

Use the state-of-the-art MQL5 programming language: you can develop your own robots and advisors, test strategies, and automate them. Check the integrated MetaTrader Market, the world`s largest store of trading applications!

Extensive order types

Trade the way you like, defining entry and exit levels. The MT5 alerts will help you stay informed about all of your account events.

Payment Methods

All accounts offered by Conotoxia can be opened with a minimum deposit requirement of $100 which is an acceptable range within the trading world.

This broker offers two main types of deposits – Bank Wire transfer and e-wallets such as Conotoxia Pay or thru Dotpay. Keep in mind that these options come with additional commissions. Overall Conotoxia accepts a very wide list of payment methods including EPS, POLI, Visa Checkout, Union Pay, Ideal, and Apple pay just to mention a few.

Conotoxia does not charge any processing fees on withdrawals and the only commission that clients may encounter will be coming from their banks’ side and not the broker. Clients can request to withdraw funds at any time by filling an online form found in the Conotoxia’s Platform.

At the time of this review, the broker did not have promotional offers or bonuses.

Educational Material and Customer Support

Conotoxia has a page dedicated to Forex Education. On this page one can find plenty of useful information that will surely come in handy in the first few days of your trading. Unfortunately, the webinars and e-books that are available seem to be only available in Polish which is a disadvantage for those who do not understand this language.

You can get in touch with this broker via Live chat, through the phone or through email. Polish customers can also chat in Polish as this broker has both English and Polish speaking consultants that are available 24/5.

Frequently Asked Questions

Is Conotoxia a Scam?

Conotoxia is a broker licensed and regulated by the CySec. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that Conotoxia is not a scam, read our trader reviews and check other popular trading related websites and forums.

What is the Conotoxia minimum deposit?

In order to start trading with Conotoxia, you have to deposit at least 100 USD.

What deposit and withdrawal methods Conotoxia supports?

Conotoxia allows funding your account via Bank transfer, Debit and Credit Cards .

How was the rating of Conotoxia performed compared to other brokers? 

This 2023 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Conotoxia broker performance and features. 

Overall our online Conotoxia review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Conotoxia or you find inaccurate details Conotoxia  broker review please get in touch with us and the changes will be applied.  

Conotoxia Details

Trading Platforms
Payment Methods
Maximum Leverage
Account Options
Languages
Trading Instruments
Minimum Deposit
Educational Material
Representative Offices

This broker offers 4 different accounts which differ slightly from each other. These accounts are the Basic STP, Standard STP, ALGO Trading STP, and Advanced STP.

4.0
Regulation and Security
2.0
Platforms and Features
2.0
Deposit and Withdrawal
1.0
Educational Material
2.3 Overall Rating

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