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

Until recently, Cinkciarz.pl was only offering bank account transactions, ‎currency wallet and ‎social transactions.

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), 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. 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.‎

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