Regulated by CySEC

Instant Payments

Low spread for over 100 instruments

Negative Balance Protection

Why us?

Conotoxia Ltd. is a Cyprus based online Forex broker established by a team of experienced professionals within the FX sector. The investment firm has been regulated by the Cyprus Security and Exchange Commission (license number 336/17) and has become a member of the Investment Compensation Fund. We provide services that are consistent with the highest market standards, always keeping your best interests in mind.

  • Regulated by CySEC
  • Negative Balance Protection
  • No Dealing Desk
  • Raw spreads from 0.0 pips

cTrader

cTrader is a Forex and CFD trading platform which offers rich charting tools, advanced order types, level II pricing, fast entry and execution. A user-friendly interface on multiple devices, connected to advanced backend technology.

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cTrader

Forex Trading

Not only do we try to provide you with the lowest trading costs and best quality execution, but we also offer a full range of OTC products that meet all your trading needs. That’s why we have a range of over 60+ currency pairs and precious metals as well as a wide range of major indices for online trading on a professional trader-focused platform.

Account

We believe in simplicity. We provide all of our clients with the same trading conditions, execution, support and account type.

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Instrument Overview

When you trade with us you can benefit from low trading costs, transparency and ultra-low latency access to a wide variety of…

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Trading Platform

Advanced analytical tools, a user-friendly GUI, the possibility to build indicators and algorithms and test them on live data…

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Funding Methods

We allow to deposit into Conotoxia Forex cTrader accounts by using below payment methods.

Forex - FAQs

To open a LIVE trading account with Conotoxia you have to:
  • register with our platform,
  • fill out the obligatory fields with your personal and contact details,
  • upload the two required documents,
  • fill out an Account Opening Application Form.
You will be notified by email when the account is ready for use.
The process takes less than an hour, if all the required data is filled out correctly.
You have to provide us with two documents in order to confirm your identity and your address. We require:
  • A color copy of your valid passport or other official identification document issued by your local authorities (identity card, etc). The identification document must contain your full name, an issue and/or expiry date, place and date of birth and your signature.
  • A recent utility bill (e.g. electricity, gas, water, phone, Internet and/or cable TV connection, bank account statement) dated within the last 3 months, confirming your registered address. Please note that we do not accept mobile phone bills as proof of address. We cannot accept any proof of address that only provides a P.O. Box."
As a regulated company, we operate in accordance with our internal procedures which are designed to comply with all legislative and regulatory requirements. These procedures involve the collection of adequate documentation from our clients with regards to the KYC (Know Your Client) procedure.
No. You don't have to open a Demo account, however, at Conotoxia we believe that it is in your best interest to familiarize yourself with the market specifics and technical conditions of the Trading Platform through which you will enter into transactions, prior to investing in OTC Markets. The best way to do this is to accustom yourself with the demo version of the Trading Platform.
The demo account is valid for 90 days since the last login. Validity of the account will be extended each time you log in.
Leverage is a mechanism that allows you to invest more than you have. It means that even a small change in instrument price may significantly influence your investment result (profit or loss).

Example:
Your trading capital is 1.000 EUR
Account leverage is 100:1
This means that you can open a position with a nominal value of 100.000 EUR (100*1,000 EUR)

When trading on EURUSD, a long position opened at 1.19055, closed at 1.19155 is giving you profit of 0.0010 USD (10 pips). For a position with a nominal value of 100.000 EUR (119.155 USD) the difference of 10 pips means profit of 100 USD (100,000*0.0100 = 100 USD).
Warning! Please note that leverage can increase your profits but can also increase your losses. An investor who opens a short position in the aforementioned example would have lost 100 USD due to the slight price change (10 pips).

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