Deposit of funds

Find out more about our deposit and withdrawal possibilities. Learn more about the costs and limits associated with each available method.

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. 78% 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.

Deposits

Conotoxia Ltd. allows you to deposit into Conotoxia Forex trading accounts in the following base currencies:

We offer many convenient forms of making deposit to your trading account. Depending on whether you prefer low costs or fast processing, choose standard or express payment* method. Do you want to deposit USD to your trading account holding in EUR? It has never been easier. We provide e.g. Conotoxia Pay, an integrated solution for clients who want to proceed with fast payment method and, in case when you want to deposit in different currencies than your trading account, you will make it as instant exchange on completive rates too.

Euro
US Dollar
British Pound Sterling
Polish Zloty
*All variants of deposits are still subject to verification procedures, which may result in a delay in crediting funds on your trading account.

Choose your payment methods

Bank transfers are free of charge, but their execution time depends on the banks and can take up to several days. If you want a quick execution, choose the express payments* - Conotoxia Pay or Dotpay. However, please note that they are subject to additional fees. Conotoxia Pay - Payment Institution supervised by the Polish Financial Supervision Authority in Poland (license 30/2015). Dotpay - Payment Institution supervised by the Polish Financial Supervision Authority in Poland (registered no. IP14/2013)

Bank
transfer

No charge!

See transfer details
*All variants of deposits are still subject to verification procedures, which may result in a delay in crediting funds on your trading account.

Withdrawals

You can withdraw funds at any time with our online form in the Conotoxia Ltd. platform.

Withdrawal Type Conotoxia Fee mBank Fee Intermediary Bank Fees
Wire Transfer None None Fees are charged by intermediary banks facilitating the transaction and depend on their tariffs
Withdrawal Type Conotoxia Fee mBank Fee Intermediary Bank Fees
SEPA Transfer None Acording to mBank fees table Fees are charged by intermediary banks facilitating the transaction and depend on their tariffs
International Transfer None Acording to mBank fees table Fees are charged by intermediary banks facilitating the transaction and depend on their tariffs

Conotoxia Ltd. does not charge any processing fees on your transfers and does not mark-up any eventual transaction costs charged by banks. In effect, banks may charge Conotoxia Ltd. and/or Conotoxia Ltd. clients for transfers. When such transaction costs are applicable, they are transparently deducted from Conotoxia Ltd. clients’ payments either by Conotoxia Ltd. and/or the banks of Conotoxia Ltd. clients, whichever may apply.

Important information

  • Withdrawal requests are processed between 8:00–16:00 CET time. Any requests received after this time will be processed during the next business day. Withdrawals requested during Cypriot Public Holidays will be processed during the next business day.
  • Funds can only be returned to a bank account belonging to the same user as your trading account due to AML regulations.
  • Withdrawals made by bank wire transfer usually take 1-5 working days to reach your account.
  • There is no possibility to withdraw money to internet payment providers such as PayPal accounts.
  • Any International Telegraphic Transfer (TT) Fees charged by our local bank and intermediary bank are passed onto you.
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