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/10

ConneXar Capital

Comoros Comoros | 2-5 years |
ECN Account Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.connexarcapital.com/

Website

Rating Index

License 0.00 Software 4.00 Risk Control 0.00 Business 6.69 Regulation 0.00
1.47

Influence

Influence

C

Influence Index NO.1

Nigeria Nigeria 2.98
Surpassed 14.70% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://www.connexarcapital.com/
HAMCHAKO, MUTSAMUDU. THE AUTONOMOUS ISLAND OF ANJOUAN, UNION OF COMOROS

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Comoros
Operating Period
2-5 years
Company Name
Connexar Capital LTD
Email
support@ConneXarCapital.com
Address
HAMCHAKO, MUTSAMUDU. THE AUTONOMOUS ISLAND OF ANJOUAN, UNION OF COMOROS
Account Info
Business Region
Verified Site
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Official Website

Verified Site

  • connexarcapital.com
    128.199.29.45
    Server Location
    India India
    ICP Registration No.
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ConneXar Capital

Related Companies

CONNEXARCAPITAL LTD
Comoros
CONNEXARCAPITAL LTD
Active
Comoros
Registration No. 13914199
Est. Date
Source Official Statement

Company Profile

Company Profile

Review summary

Connexar Capital Review Summary
Founded2022
Registered Country/RegionComoros
RegulationUnregulated
Market InstrumentsForex, Precious Metals, Indices, CFDs, Cryptocurrencies
Demo Account
LeverageUp to 1:400
SpreadFrom 0.2 pips
Trading PlatformMT5 (Windows, Mac, Android, iOS)
Min Deposit$50 (Ultra Account)
Customer SupportPhone: +44 7308642365
Email: support@connexarcapital.com
24/7 Online Chat: Available

Connexar Capital Information

Connexar Capital is founded in 2022. It provides several trading possibilities among Forex, CFDs, indices, and cryptocurrencies. Their MT5 system supports several devices, and three account kinds serve traders with diverse preferences. Its minimum required deposit is $50.

Connexar Capital Information

Pros and Cons

ProsCons
Many instruments, including Forex and CFDsUnregulated
Low minimum deposit of $50Only provide one trading platform: MT5
Provides 3 different account types
Offers leverage up to 1:400
Provides bonus progaram

Is Connexar Capital Legit?

Connexar Capital operates as an unregulated platform.

Is Connexar Capital Legit?

What Can I Trade on Connexar Capital?

Connexar Capital provides many trading instruments, including major, minor, and exotic currency pairs, precious metals, indices, and CFDs.

Tradable InstrumentsSupported
Forex
Precious Metals
Indices
CFDs
Cryptocurrencies
Stocks
What Can I Trade on Connexar Capital?

Account Types

Connexar Capital offers 3 account types, designed for different levels of traders.

Account TypeMinimum DepositSpreadLeverageAdditional Features
Standard$100From 1.9 pipsUp to 1:400Swap-Free, MT5
Professional$1,000From 0.2 pipsUp to 1:200ECN Execution, MT5
Ultra$500From 1.3 pipsUp to 1:300PAMM/MAM Support
Account Types

Meanwhile, it also provides PAMM account and MAM account.

Account Types
Account Types

Leverage

Connexar Capital offers leverage from 1:200 to 1:400

Account TypeMaximum Leverage
Connexar STD1:400
Connexar ECN1:200
Connexar PRO1:300

Connexar Capital Fees

Connexar Capital has three account options with different spreads, commissions, and swap costs. Here is a thorough breakdown:

Spreads

Spreads are different based on the account type:

  • Connexar STD: Spreads start from 1.9 pips.
  • Connexar ECN: Spreads start from 1.1 pips.
  • Connexar PRO: Spreads start from 1.8 pips.

Below are specific examples for common trading instruments:

InstrumentConnexar STDConnexar ECNConnexar PRO
EUR/USD1.9 pips1.1 pips1.8 pips
GBP/USD2.2 pips1.4 pips2.1 pips
Gold/USD2.1 pips1.2 pips1.9 pips
JPN 225 Index65.5 pips55.5 pips60.5 pips
US Wall Street 30 Index81.5 pips71.5 pips76.5 pips
Spreads

Commissions

Connexar Capitals commissions depend on the account type, from 0 to $6 per lot:

Account TypeCommission
Connexar STDNo commissions; costs included in spread.
Connexar ECN$6 per lot (round turn).
Connexar PRONo commissions; costs included in spread.
Commissions

Swap Refund

Commexar is swap free. For traders satisfying particular volume criteria, there is a swap reimbursement program:

Volume AchievedRefund Percentage
0.1% of deposit20% refund of swap fees
0.2% of deposit50% refund of swap fees
Swap Refund

Trading Platform

Connexar only offers MT5 as its trading platform.

Trading PlatformSupported DevicesSuitable For
MT5Windows, Mac, Android, iOSAdvanced traders & professionals
Trading Platform

Deposit and Withdrawal

Connexar Capital offers 3 types of fee-free deposit and withdrawal options.

Deposit OptionsMin. DepositFeesProcessing Time
Bank Transfer$100None2-3 hours
E-Wallets$100NoneInstant
Cryptocurrencies$50NoneInstant
Deposit and Withdrawal

Bonus Programs

Connexar Capital provides a Welcome Bonus of up to 50% on first deposits and a 30% bonus on subsequent top-ups, capped at $5000 in total.

Bonus Programs

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

News

ConneXar Capital invites you to join its IB program, but what should you know?

News ConneXar Capital invites you to join its IB program, but what should you know?

On January 11, ConneXar Capital posted a promotional message about its IB program on its social media accounts. However, this post did not elaborate on the details of the IB program and the conditions for participation. But it seems you need to invite more people to participate to get an "objective benefit."

Wiki Q&A

Is ConneXar Capital safe and reliable?

ConneXar Capital holds a WikiFX overall score of 1.47, indicating a low rating. The broker is not regulated by any major financial authority, which means it lacks the oversight that typically provides investor protection. According to WikiFX data, the absence of a valid forex trading license introduces significant risk, and potential users should exercise thorough due diligence.

19h
United States

Is ConneXar Capital regulated?

ConneXar Capital is not regulated by any mainstream financial regulator. The license list provided by WikiFX shows no valid forex licenses. While the company is registered in the Comoros, this jurisdiction does not offer the same level of oversight as established regulatory bodies such as the FCA or ASIC. Therefore, the broker operates without recognized regulatory supervision.

19h
United States

What is the minimum deposit of ConneXar Capital?

The minimum deposit depends on the account type. For the Standard account, the minimum is $100; for the PRO account, $500; and for the ECN account, $1,000. Thus, the lowest entry point is $100.

19h
United States

Does ConneXar Capital support MT4 or MT5?

ConneXar Capital does not publicly list the trading platforms it supports. However, the account conditions allow for scalping, hedging, and the use of Expert Advisors (EAs), which are features commonly associated with platforms like MetaTrader 4 and MetaTrader 5. For confirmation, traders should contact the broker directly.

19h
United States
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