Conotoxia Enters Poland In Move to Strengthen FX and CFD Brokerage

Conotoxia has opened a branch in Warsaw, Poland, to be led by the Regional Director, Daniel Kostecki.

The provider of forex and CFD trading in the European Economic Area is headquartered in Cyprus, but Poland is increasingly seen as a location for brokers to affirm their presence. Many have set shop there in recent months, including OANDA.

Conotoxia allows deposits and withdrawals with its currency wallet. Users can deposit funds into an account in a Polish bank and trade in 4 currencies: zloty, euro, the US dollar, and the British pound.

The FX and CFD broker allows trading on weekends and its service is provided entirely in Polish and English from account opening through support and trading.

Conotoxia is very much focused on trading education as it provides continued access to feeds with free, extensive, and regularly updated content on financial markets. Education comes in the form of instructional videos, e-books, analyses, and other tutorial materials.

The broker is authorized and regulated by the Cypriot financial watchdog, CySEC, and the Polish Financial Supervision Authority, KNF, in order to ensure that the trading experience is at the highest standards.

Grzegorz Jaworski, Chief Executive Officer of Conotoxia Ltd., commented: “The launch of our branch in Poland is another proof of our continuous growth. As part of our international expansion, we are not only extending our product range and services but also strengthening our team to fulfil Conotoxia Holding’s visions and ideas in the best possible way while at the same time building a strong brand recognition worldwide.

“We want to offer Polish investors a real alternative when it comes to world-class trading with a trusted broker known by its solid reputation and with roots of a global fintech like Conotoxia.”

Earlier this year, Conotoxia partnered with Google Pay to further facilitate conctacless payments using their multi-currency cards. Either from their phone and smartwatch, or online payments and ATM cash withdrawwal, Conotoxia can perform all these operations with Google Pay.

The only requirement is to have the Google Pay app, available in the Google Play store, and to connect the card to it – this applies to both physical and virtual card versions. Payment information is encrypted and stored on secure servers.

Conotoxia provides multi-currency cards in virtual and physical form (with the option of delivery by post and courier). An application for the issuance of the cards is submitted online.

Their holders gain access to free accounts in EUR and 19 other currencies, thanks to which they avoid high costs of currency exchange and can pay in over 160 currencies. Fintech also offers a dedicated mobile app for Android and iOS to manage the cards.