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Abstract:Conotoxia, the retail trading arm of Poland-based fintech Cinkciarz, has launched an investment advisory service with no entry barriers and a low threshold. It is the first company in the forex and contracts for the different industries to offer the product on a large scale. The service is available to retail traders from Europe and will provide individual investment recommendations on selected financial instruments.
Conotoxia, a retail trading platform under the Polish fintech company, Cinkciarz.pl, has launched a new investment advisory service with a low entry threshold for retail traders in Europe. The service provides individual investment recommendations on selected financial instruments and is available to traders without entry barriers and a minimum capital threshold. Conotoxia believes that this new service could revolutionize how retail brokers build their offerings.
Conotoxia is the first company in the foreign exchange (FX) and contracts for difference (CFD) industry to offer this product to traders on a large scale. The advisory service is not based on simple recommendations for the general public but is tailored to the needs of individual clients, the size of their portfolios, and their risk profiles. The investment advisor identifies opportunities and recommends appropriate moves, but the investor has complete control over the creation of their investment portfolio.
Conotoxia's investment advice is aimed at European retail traders, specifically from the European Economic Area, including European Union countries, Iceland, Liechtenstein, and Norway. The service will be accessible via paid subscriptions, but the broker has prepared a promotion for users who sign up before June. They will have the chance to try the investment advice for free for a one-month trial period.
Conotoxia CEO, Grzegorz Jaworski, stated that the investment advisory service is a significant step in the development of the Invest & Forex segment and that the knowledge and experience of advisors can help clients build their own professional investment portfolios and make informed decisions. The company unveiled the new service at the Invest Cuffs 2023 conference held in Poland last weekend.
Conotoxia wants to popularize investing with the support of professional advisors and make such services available to small investors. The company believes that investment advice could change individual investors' approach to investing. By providing investors with options to invest independently or with the support of an investment advisor, Conotoxia gives clients a broader package of services than its competitors.
Conotoxia is a Polish financial technology business that offers a variety of services such as foreign currency conversion, money transactions, payment handling, and internet dealing. Its currency conversion tool accepts a broad variety of currencies, including main currencies like USD, EUR, GBP, and JPY, as well as many foreign currencies. The website is simple to use and enables customers to conduct transactions swiftly and simply, with the option of locking in currency rates for future purchases.
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