Brief Look at Conotoxia
Conotoxia, which previously operated within the Conotoxia Holding group and offered trading Forex and CFDs, has ceased operations and is no longer accessible to new or existing clients.
In October 2024, Komisja Nadzoru Finansowego (KNF), Poland’s financial regulator, revoked the payment services license of Conotoxia sp. z o.o., citing insufficient safeguards for client funds and weak management oversight. A court later upheld the decision. The Polish branch of Conotoxia Ltd. completed its operations between February and March 2025 and notified clients about the closure of the local investment platform and changes to service terms.
Responsibility for investment services within the EU remained with Conotoxia’s Cyprus entity, which operated under a Cyprus Securities and Exchange Commission (CySEC) license No. 336/17 issued in 2017. In July 2025, the regulator suspended the license after identifying violations related to governance structure requirements, shareholder suitability, and the protection of client assets. The suspension prohibited the provision of investment services, onboarding of new clients, and promotional activity under the license.
To sum up, Conotoxia’s brokerage operations have been halted following license actions and regulatory intervention. Investment activity remains suspended, and the company’s online resources are unavailable.
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