Poland Payment Provider Cinkciarz.pl Launches CySEC-Regulated FX ‎Retail Offering

Poland-based payment and forex exchange provider Cinkciarz.pl today advertised the launch of its retail FX operations through its brand-new business and ‎website Conotoxia.com. Users of the popular online exchange and money transfer operator can now access the FX ‎market directly through a dedicated trading account.‎

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The new subsidiary is an investment firm licensed and regulated by the Cyprus ‎Securities and Exchange Commission (CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term), and specializes in providing foreign ‎exchange currency trading. ‎

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Cinkciarz originally announced the launch of Conotoxia brand earlier this month, but only to ‎offer the same services available through its existing products: currency ‎exchange, money transfers, and Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term. The two brands were supposed to be ‎functioning alongside one another, using the same registered graphic ‎trademark, but one now embraces a fully regulated retail brokerage offering.‎

Adding the forex markets to Conotoxia’s existing payment services not only appeals to its current clients, but also provides a diversification ‎opportunity for the company.‎

Until recently, Cinkciarz.pl was associated with the currency exchange in ‎three models: bank account transactions, currency wallet transactions and ‎social transactions‏.‏ ‎As such, the driving force behind Conotoxia becoming a ‎brokerage firm is to cash in on loyalty of its ‎multinational customer base and also to provide a more integrated, ‎seamless, single source of FX transactions.‎

‎“Introducing the Conotoxia brand to the market is a direct result of the company’s development and global ‎expansion. The Conotoxia brand marketing campaign will be launched during the 2017 UEFA European ‎Under-21 Championship,” said Kamil Sahaj, Cinkciarz CMO.‎