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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

Influence

Influence

D

Influence Index NO.1

India India 2.52
Surpassed 14.60% 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
About Us
News
Wiki Q&A
Comment

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Official Website

Verified Site

  • connexarcapital.com
    128.199.29.45
    Server Location
    India India
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

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 it risky to trade with ConneXar Capital?

Yes, trading with ConneXar Capital carries significant risk due to its status as an unregulated entity operating from an offshore jurisdiction, which provides no standard investor protection mechanisms.

04-02
United States

What regulatory licenses does ConneXar Capital hold?

Connexar Capital LTD operates without any verified mainstream regulatory licenses for forex trading.

04-02
United States

Where is ConneXar Capital registered?

The broker is registered in Comoros as Connexar Capital LTD and has an operational history of 2-5 years.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

¿Cuáles son los organismos reguladores de forex más comunes?

Entre los organismos reguladores más comunes se encuentran la Financial Conduct Authority (FCA), la Australian Securities and Investments Commission (ASIC), la Commodity Futures Trading Commission (CFTC), la Securities and Exchange Commission (SEC), la Cyprus Securities and Exchange Commission (CySEC) y la Monetary Authority of Singapore (MAS). Estos organismos suelen aplicar estándares regulatorios estrictos. En WikiFX es posible consultar clasificaciones de brókers según su entidad reguladora.

Two days ago

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

Apa yang dimaksud dengan situs broker kloning?

Situs broker kloning adalah situs yang meniru informasi broker resmi untuk menyesatkan investor agar melakukan penyetoran dana. Situs tersebut biasanya menyalin nama merek, desain halaman, bahkan informasi regulasi. Ciri umum meliputi domain yang sangat mirip dengan situs resmi, informasi kontak yang sulit diverifikasi, serta penawaran keuntungan yang tidak wajar. Setelah dana masuk ke platform seperti ini, biasanya sulit untuk dipulihkan. Disarankan untuk memverifikasi domain resmi dan informasi regulasi serta menggunakan WikiFX sebagai referensi tambahan.

Two days ago
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