Conotoxia’s trading account offers you direct access to the world's purest liquidity with fully transparent trading costs.
CFDs are complex products and come with a high risk of rapid money loss due to leverage. 74-89% of retail investor accounts lose money when trading CFDs. Ensure that you understand the way CFDs work and whether the risk is financially viable to you.
Conotoxia Forex cTrader Account Features
Conotoxia’s trading account features cutting edge infrastructure that allows traders get acces to flexible leverage, trading from 0.01 lots, and advanced technology with lightning fast execution speed.
One simple account type means that each trader has the same fair trading conditions!
|Account Base Currencies||EUR, USD, GBP, PLN|
|Minimum Deposit||100 EUR, 100 USD, 100 GBP, 400 PLN|
|Margin Levels||Margin Call 100%, Stop Out 50%|
|Negative Balance Protection||Applicable|
|Funding Methods||Credit Card, Pay-by-link, Blik|
|Spread Type||Variable, Interbank Pricing|
|Available Leverage||1:30, 1:20, 1:10, 1:1|
|Minimum Lot size||0.01 lots (micro)|
|Maximum Lot size (in one trade)||100 lot|
|Commission||From 40 USD per million|
- cMobile Android
- cMobile iOS
- cTrader Web
The European Securities and Markets Authority has officially announced new measures for trading CFD products for retails clients that come into effect on 1st August 2018.
These measures aim to protect retail clients and they include leverage restrictions (between a margin of 10:1 and 30:1), and margin close out restrictions (standardized minimum margin requirement 50% on a per account basis) along with a negative balance protection.
Maximum Leverage for Retail clients:
30:1 Major Currency Pairs,
20:1 Non-Major Currency Pairs, Gold and Major Indices,
10:1 Commodities except Gold and Non-Major Equity Indices.
Maximum Leverage for Professional clients:
200:1 Major Currency Pairs, Non-Major Currency Pairs,
100:1 Gold and Major Indices,
100:1 Commodities except Gold and Non-Major Equity Indices.
Clients may elect to become Professional clients by filing a formal request. Such request will be accepted at the discretion of the Company and subject to the client meeting the relevant criteria to be treated as a Professional client.
More information can be found herein Client Categorization Policy.
Principles of customer protection
Conotoxia Ltd. is required to restrict leverage to between 30:1 and 10:1 on the financial products it offers to retail clients. Professional clients may opt for a leverage of up to 200:1. Please keep in mind that higher leverage can generate rapid profits but also great losses.
Negative balance protection
Retail client accounts are protected against negative balance, as introduced by ESMA. This means that you can never lose more than the funds you have available. On the other hand, Conotoxia Ltd. is not obligated to have this functionality for professional client accounts, meaning that transactions could lead to an account deficit. However, we treat all accounts in the same way and offer negative balance protection to all our clients.
Conotoxia Ltd. owes a duty of best execution to all of its clients and even though we are not obligated to apply this duty to all categories of clientele, we execute all orders in the same way based on our execution policy.
Risk warnings and other communication
Conotoxia Ltd. communicates with its customers in a fair, transparent and non-misleading manner. When communicating with retail clients, we have an obligation to use simple language and present both the advantages and disadvantages of trading leveraged products. We communicate in the same clear manner with all of our clients regardless of classification.
Investor compensation fund
Conotoxia Ltd. is a member of the Investor Compensation Fund (ICF) which covers eligible investments of up to 20,000 euro per client. For more information please refer to www.cysec.gov.cy/en-GB/complaints/tae/.
Conotoxia Ltd. will hold and maintain an amount equal to your account value for each account you hold with us in a segregated client funds bank account and in accordance with CySEC Directive DI87-01.
Financial complaints service
Conotoxia Ltd. seeks to provide you with solutions to all matters that may arise. If you are not satisfied with the outcome of a complaint solved by us, you may refer the matter to the Cypriot Financial Ombudsman at www.financialombudsman.gov.cy
Should you require a higher level of regulatory protection you may request a different categorization at any point in time.