Accounts overview
Conotoxia’s trading account offers you direct access to the world`s purest liquidity with fully transparent trading costs.
Forex Trading is provided by Conotoxia Ltd., which has the right to use the Conotoxia trademark. Conotoxia Ltd. is regulated by CySEC (licence no. 336/17). CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.17% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Conotoxia Forex Account Features
Choose from five types of trading accounts tailored to the investors' needs. With LMAX as the sole liquidity provider, you can be sure the order is executed in A-book only. On top of that, a wide range of products and carefully selected trading conditions on each account were designed to provide comfort of trading matching individual preferences of the trader.
From 0.00005*
ZERO
0.01
2000
NO
ZERO
Hedging
NO
-
From 0.00001*
4 USD
0.01
2000
NO
YES
YES
NO
-
From 0.00001*
4 USD
0.1
2000
YES
YES
YES
NO
-
From 0.00001*
3.50 USD
0.01
2000
YES
YES
YES
NO
2 000 000 USD
From 0.00001*
3.50 USD
0.2
2000
YES
ZERO
YES
YES
2 000 000 USD
** Trading depends on scheduled maintanance.
| 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 |
| Maximum leverage for Retail Client | 1:30 |
| Maximum leverage for Retail Professional Client | 1:100 |
| Maximum leverage for Professional Client | 1:300 |
MT4
- MT4 desktop
- MT4 iOS
- MT4 android
cTrader
- cTrader desktop
- cAlgo
- cMobile Android
- cMobile iOS
- cTrader Web
Leverage restrictions
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 300:1. 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.
Best execution
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/
Fund segregation
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.
Categorization
Should you require a higher level of regulatory protection you may request a different categorization at any point in time.