Global Broker Regulation Inquiry App
WikiFX
Arnold Joseph 
1-2 years
Is Conotoxia forex or Conotoxia Pay legit / safe?
Broker Issues
Regulation
07-02
United States
WikiFX
Reply
Risk‑first: Conotoxia Ltd. is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 336/17, meaning it operates under EU-level oversight with investor protections such as negative balance protection and client fund segregation. However, CySEC has recently fully suspended its license due to governance and compliance breaches, preventing it from offering investment services until corrections are made
Similar Questions
In what ways does Mizuho FX's regulatory standing help safeguard my funds?
Tricia54
08-16
Is Daman Markets a safe and legit broker?
J Forex Trader
08-02
Is GrowPlusFX a safe and legit broker?
Wahab
07-20
What are the pros of FOTMARKETS?
Franko Knavs
07-26
Does WOXA LTD follow regulatory standards?
Aman A
06-11