CONNOISSEURINVESTMENTS_LIMITED

About company:

Connoisseur Investments Limited (CNS) is a little-known offshore broker licensed by the British Virgin Islands Financial Services Commission.

 

Products and services

CNS offers trading in only 24 currency pairs, completely excluding exotic currencies. There are also CFDs on gold, silver, copper, oil and several major indices including the Dow Jones and Germany Titans 30. However, there are no CFDs on commodities, stocks or cryptocurrencies.

 

Asset security

On the official website, it was not possible to find documented information about the insurance of client accounts. Also, the broker does not say whether the clients' money is kept separately or not. Partner banks are not specified.

 

Accounts and currencies

Account currency USD. There are two main types of accounts available to clients:

 

Standard Account

Spreads from 1 pip Leverage 1: 500 Minimum trade size 0.01 lot Maximum trade size 50 lots Personal manager: NO

 

Premium Account

Spreads from 1 pip Leverage 1: 500 Minimum trade size 0.01 lot Maximum trade size not limited Personal manager: YES

 

The broker also opens PAMM accounts and an Islamic account type.

 

Minimum deposit

The deposit starts from $ 200. It is worth noting that this is a very high entry threshold for this broker.

 

Spreads and commissions

Spreads start from 1 pip. The upper limit is not indicated.

 

Leverage

Leverage is set up to 1: 500.

 

Trading PlatformsCNS MT4

CNS's version of the popular Meta Trader platform. Same clean interface and fast execution. All major indicators are available to traders, the platform is supported by all major operating systems.

 

MT4 Multi Terminal

A practical and very convenient tool for simultaneously managing multiple accounts from one personal account. Traders get the opportunity to trade from several accounts of the same type at once.

 

Both platforms are available on mobile.

 

Support service

You can contact the support service 24/5 by phone or email indicated on the broker's page. Live chat also works. Please note that the language of communication is English.

 

Reviews of traders

The broker is not known in the Russian-speaking segment of the market. If we focus on the comments of foreign traders, then in general there is a negative image of the company. CNS is an offshore broker with dubious regulatory status that offers rather disadvantageous trading conditions - uncompetitive spreads and a limited set of trading instruments. However, the most serious problem remains the lack of a reliable license.

 

Pros:

 

high leverage; popular Meta Trader platform.

 

Minuses:

 

lack of a reliable license; dubious guarantees of the safety of client funds; high spreads; a limited number of currency pairs and trading instruments in general; high entry threshold; communication only in English.