According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- PLN 400
- cTrader
- MetaTrader5
- KNF
- CySEC
Our Evaluation of Cinkciarz.pl
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Cinkciarz.pl is a moderate-risk broker with the TU Overall Score of 6.16 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Cinkciarz.pl clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
Cinkciarz.pl offers a huge range of derivatives with leverage, professional investment advice, and popular software for trading from anywhere.
Brief Look at Cinkciarz.pl
Cinkciarz.pl is a Polish company of Conotoxia Ltd, registered in Cyprus and regulated by CySEC (Cyprus Securities and Exchange Commission). Cinkciarz.pl clients can trade 5,000 CFDs on different assets, including 110 currency pairs. On MetaTrader 5, the broker provides access to trades with CFDs on single stocks and ETFs, and not only with classic CFDs on securities. Moreover, traders can use all versions of the cTrader platform. Cinkciarz.pl works with traders from Poland, the European Union, and countries of the European Economic Area (EEA).
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- Client funds are held in segregated bank accounts;
- Access to MetaTrader 5 and cTrader;
- Low floating spreads and no additional fees for trading currencies, indices, and commodities;
- Minimum initial deposit is €100 or PLN 400;
- Advice to traders who work with CFDs on different asset classes;
- Trading accounts are available in 4 currencies, and deposits/withdrawals are possible in 25;
- Round-the-clock trading CFDs on cryptocurrencies with variable spreads and a 0.0225% fee.
- Traders cannot open cent or micro accounts to test platforms and trading conditions with minimum risks;
- The broker doesn’t offer MetaTrader 4, which is recommended for novice traders;
- Investment advice costs from €25 to €39 and the number of trading recommendations available per month is strictly limited.
TU Expert Advice
Financial expert and analyst at Traders Union
Cinkciarz.pl offers a great variety of trading instruments that are CFDs on underlying assets listed on global stock exchanges. For example, its clients can trade 110 currency pairs and 140 cryptocurrency pairs. The latter are available 24/7. Cinkciarz.pl uses the popular MT5 and cTrader platforms instead of its proprietary software. Together with low spreads and advanced payment systems, the above ensures the protection of and smooth trading by traders not only from Poland but from other EU countries as well.
Cinkciarz.pl partners with Conotoxia which has been providing access to Forex and CFD trading, as well as investment advice services since 2017. Both companies are regulated in the EU and participate in compensation schemes of Poland and Cyprus.
Cinkciarz.pl offers its currency wallet that allows traders to transfer their funds between bank accounts, cards, and trading accounts. The broker also provides important options like leverage, demo accounts, and negative balance protection. The broker’s main income is a markup on spreads and additional fees for cryptocurrencies, stocks, and ETFs.
Cinkciarz.pl Trading Conditions
Your capital is at risk. 79.43% of retail investor accounts lose money when trading CFDs with this provider. Cinkciarz.pl and its affiliates do not target EU/EEA/UK clients. It is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. Please be aware that you are able to receive investment services at your own exclusive initiative only, ensuring you fully understand all the risks involved.
| 💻 Trading platform: | MetaTrader 5 and cTrader |
|---|---|
| 📊 Accounts: | Demo, Smart cTrader, and Smart MT5 |
| 💰 Account currency: | PLN, EUR, USD, and GBP |
| 💵 Deposit / Withdrawal: | Transfers from other brokers, bank transfers, the ConotoxiaPay system (currency wallet), and Przelewy24 |
| 🚀 Minimum deposit: | PLN 400, €100, $100, and £100 |
| ⚖️ Leverage: |
Up to 1:30 for retail clients Up to 1:100 for experienced clients Up to 1:300 for professional clients |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | 0,05 pips |
| 🔧 Instruments: | 110 currency pairs, classic CFDs on stocks, ETFs, indices, energies, cryptocurrencies, commodities, and CFDs on single stocks and ETFs |
| 💹 Margin Call / Stop Out: | 100%/50% |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | Market |
| ⭐ Trading features: | Hedging and automated trading are available |
| 🎁 Contests and bonuses: | No |
Cinkciarz.pl offers MT5 and cTrader accounts that allow its clients to trade over 5,000 CFDs on various assets, including 110 currency pairs. Leverage varies subject to the trader’s status and the chosen asset class. Hedging is allowed on all trading accounts. The minimum order size for CFDs on single stocks and ETFs is 0.01 lot. Up to 2,000 orders can be held open on MT5 and cTrader accounts. The maximum trade size for Forex is 50 lots.
Cinkciarz.pl Key Parameters Evaluation
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Trading Account Opening
The user account on the Cinkciarz.pl website is the area for registered clients. To create your user account and to get access to funds and account management, do the following:
Go to the Services section on the broker’s website and choose the Invest&Forex section.
Click the “Załóż konto” button.
Provide your email and country of residence. Make a password.
Enter the data required by the broker and upload documents to confirm your identity and residence address.
When the broker verifies your user account, make a minimum deposit and download the trading platform. This is done in the user account on the broker’s website. If you have any questions on registration, contact Cinkciarz.pl’s technical support.
Regulation and safety
Cinkciarz.pl has a safety score of 8.5/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- Negative balance protection
- Track record of less than 8 years
Cinkciarz.pl Regulators and Investor Protection
| Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
|---|---|---|---|---|
 CySec |
Cyprus Securities and Exchange Commission | Cyprus | Up to €20,000 | Tier-1 |
| KNF (Poland) | Komisja Nadzoru Finansowego (KNF) – Polish Financial Supervision Authority | Poland | Up to €20,000 per investor | Tier-1 |
Cinkciarz.pl Security Factors
| Foundation date | - |
| Negative balance protection | Yes |
| Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker Cinkciarz.pl have been analyzed and rated as Low with a fees score of 9/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No deposit fee
- No withdrawal fee
- Inactivity fee applies
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of Cinkciarz.pl with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, Cinkciarz.pl’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
Cinkciarz.pl Standard spreads
| Cinkciarz.pl | Pepperstone | OANDA | |
| EUR/USD min, pips | 0,1 | 0,5 | 0,1 |
| EUR/USD max, pips | 0,5 | 1,5 | 0,5 |
| GPB/USD min, pips | 0,3 | 0,4 | 0,1 |
| GPB/USD max, pips | 0,8 | 1,4 | 0,5 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
Cinkciarz.pl RAW/ECN spreads
| Cinkciarz.pl | Pepperstone | OANDA | |
| Commission ($ per lot) | 2,50 | 3 | 3,5 |
| EUR/USD avg spread | 0,05 | 0,1 | 0,15 |
| GBP/USD avg spread | 0,10 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with Cinkciarz.pl. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
Cinkciarz.pl Non-Trading Fees
| Cinkciarz.pl | Pepperstone | OANDA | |
| Deposit fee, % | 0 | 0 | 0 |
| Withdrawal fee, % | 0 | 0 | 0 |
| Withdrawal fee, USD | 0 | 0 | 0-15 |
| Inactivity fee ($, per month) | 100 | 0 | 0 |
Account types
To access Forex and CFD markets through Cinkciarz.pl, open the Smart Account on MT5 or cTrader. Trading fees are similar for both platforms, but the choice of available assets differs significantly. Each client can have from 1 to 3 accounts, but not more than 2 accounts in the same currency.
Account types:
Each account type is available in a demo version. This means that traders can test the broker’s trading conditions using a virtual deposit on both MT5 and cTrader.
Cinkciarz.pl has customized its trading conditions to the needs of retail, experienced, and professional clients, as well as to the requirements of EU regulators.
Deposit and withdrawal
Cinkciarz.pl received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
Cinkciarz.pl offers limited payment options and accessibility, which may impact its competitiveness.
- Low minimum withdrawal requirement
- Bank wire transfers available
- Minimum deposit below industry average
- No deposit fee
- Wise not supported
- BTC not available as a base account currency
- USDT payments not accepted
What are Cinkciarz.pl deposit and withdrawal options?
Cinkciarz.pl offers a limited selection of deposit and withdrawal methods, including Bank Wire. This limitation may restrict flexibility for users, making Cinkciarz.pl less competitive for those seeking diverse payment options.
Cinkciarz.pl Deposit and Withdrawal Methods vs Competitors
| Cinkciarz.pl | Plus500 | Pepperstone | |
| Bank Wire | Yes | Yes | Yes |
| Bank card | No | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| BTC | No | No | No |
What are Cinkciarz.pl base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. Cinkciarz.pl supports the following base account currencies:
What are Cinkciarz.pl's minimum deposit and withdrawal amounts?
The minimum deposit on Cinkciarz.pl is $100 PL, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Cinkciarz.pl’s support team.
Markets and tradable assets
Cinkciarz.pl offers a wider selection of trading assets than the market average, with over 5000 tradable assets available, including 110 currency pairs.
- Copy trading platform
- 110 supported currency pairs
- Indices trading
- Bonds not available
- Futures not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by Cinkciarz.pl with its competitors, making it easier for you to find the perfect fit.
| Cinkciarz.pl | Plus500 | Pepperstone | |
| Currency pairs | 110 | 60 | 90 |
| Total tradable assets | 5000 | 2800 | 1200 |
| Stocks | Yes | Yes | Yes |
| Commodity futures | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| Stock indices | Yes | Yes | Yes |
| Options | No | Yes | No |
Investment options
We also explored the trading assets and products Cinkciarz.pl offers for beginner traders and investors who prefer not to engage in active trading.
| Cinkciarz.pl | Plus500 | Pepperstone | |
| Bonds | No | No | No |
| ETFs | Yes | Yes | Yes |
| Copy trading | Yes | No | Yes |
| PAMM investing | No | No | Yes |
| Managed accounts | No | No | No |
Customer support
Conotoxia Ltd provides 24/5 trading support in Polish and English. The exception is holidays in Poland and Cyprus.
Advantages
- 24/5 support
- Hotline for residents of Poland
Disadvantages
- Limited choice of communication channels
- Support is unavailable on weekends
Communication channels are available:
-
Telephone numbers for Poland and Cyprus;
-
Email;
-
Skype.
The broker has its private Telegram channel available only to its clients after they contact their account managers.
Contacts
| Registration address | Cinkciarz.pl Sp. z o.o., ul. Wrocławska 17B, 65-427 Zielona Góra, Polska |
|---|---|
| Regulation | KNF, CySEC |
| Official site | https://cinkciarz.pl/ |
| Contacts |
+48 68 410 99 50
|
Education
Cinkciarz.pl provides training in different formats. The Edukacja section on its website contains short video lessons on the basics of trading and eBooks. Recordings of webinars are available on the broker’s YouTube channel. Demo accounts are intended for learning how to trade financial instruments and practice.
The broker’s clients can request a 50-hour educational course compiled by Forex and CFD experts. It is free upon opening a trading account and making a deposit.
Comparison of Cinkciarz.pl with other Brokers
| Cinkciarz.pl | Eightcap | XM Group | RoboForex | Markets4you | Vantage Markets | |
| Trading platform |
cTrader, MetaTrader5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MT4, MobileTrading, MT5 | MT4, MT5, TradingView, ProTrader, Vantage App |
| Min deposit | $400 | $100 | $5 | $10 | No | $50 |
| Leverage |
From 1:1 to 1:30 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:10 to 1:4000 |
From 1:1 to 1:500 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | 10.00% | No | No |
| Spread | From 0 points | From 0 points | From 0.8 points | From 0 points | From 0.1 points | From 0 points |
| Level of margin call / stop out |
100% / 50% | 80% / 50% | 100% / 50% | 60% / 40% | 100% / 20% | 100% / 50% |
| Order Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | No | No | Yes | Yes | No |
Detailed review of Cinkciarz.pl
Cinkciarz.pl is a Polish branch of Conotoxia Ltd, a Cyprus broker. Conotoxia is responsible for the execution of trading orders and trader services, while Cinkciarz.pl provides payment services, including proprietary virtual wallets. The two companies work in compliance with the high standards of brokerage services, therefore EU traders, from Poland in particular, get access to secure trading of more than 5,000 assets of different classes.
Cinkciarz.pl by the numbers:
-
12+ years of experience in financial markets;
-
90+ awards;
-
Over 2,400 CFDs on stocks and ETFs;
-
Proprietary infrastructure for instant exchange in 160 currencies.
Cinkciarz.pl is a broker known for its technological solutions in finance
The maximum leverage is 1:30 by default, however, it cannot be used when trading CFDs on single stocks and ETFs. Yet, clients with the Doświadczony (Experienced) status can request leverage up to 1:100. Only residents of Poland can receive this status since it is unique in the EU. Traders with the Klient Profesjonalny status can work with leverage up to 1:300, however, there is no negative balance protection.
Cinkciarz.pl clients can trade on the mobile, desktop, and web versions of MT5 and cTrader. The first deposit is required to be made by bank transfer; after that, deposits can be made using the ConotoxiaPay currency wallet, Przelewy24, or a bank account. Deposits made by ConotoxiaPay are express transfers with faster fund crediting. A standard bank transfer takes 1-5 days.
Useful services offered by Cinkciarz.pl:
-
Expert investment ideas and comments;
-
Daily market analysis with actual information on current events and important news;
-
Economic calendar with fundamental data;
-
Scientific articles written by licensed employees of the Cinkciarz.pl Investment Advisory Department;
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Announcement of important events of the upcoming week, including macroeconomic news.
Advantages:
cTrader and MT5 provide access to algorithmic and copy trading;
Market order execution with floating spreads;
Wide choice of CFDs with leverage;
24/5 technical support;
No fees for opening and maintenance of accounts, trading platforms, or expert analytics.
Cinkciarz.pl ensures comfortable trading on advanced platforms, provides information support, and gives advice on financial markets.
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