Score

1.76 /10
Danger

ConneXar Capital

United Kingdom

2-5 years

Suspicious Regulatory License

White label MT5

Regional Brokers

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index5.99

Risk Management Index0.00

Software Index6.56

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

Connexar Capital LTD

Company Abbreviation

ConneXar Capital

Platform registered country and region

United Kingdom

Company website

X

Facebook

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2025-01-07
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

ConneXar Capital · Company 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

News

NewsConneXar 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."

WikiFX
2024-01-11 16:12
ConneXar Capital invites you to join its IB program, but what should you know?

User Reviews

More

User comment

10

Comments

Write a review

FX2037776876
0-3months
As a client of Connexar Capital, I can confidently say that their services are secure, transparent, and backed by a legitimate license (International Financial Regulation (Comoros) License No: L15695/CC). They’ve consistently demonstrated a commitment to security and integrity, ensuring that I have peace of mind when trading. It's unfortunate that some individuals have posted misleading reviews, likely with hidden agendas. I encourage others to carefully verify any claims before believing negative misinformation. I’ve found Connexar Capital to be reliable, with a great trading platform, clear communication, and excellent support. Any concerns about shared hosting are irrelevant since they have robust security measures in place to protect client data. If you’re curious about their services, I suggest reaching out to them directly. My experience with Connexar Capital has been positive, and I trust them to continue delivering exceptional service despite any misleading tactics.
As a client of Connexar Capital, I can confidently say that their services are secure, transparent, and backed by a legitimate license (International Financial Regulation (Comoros) License No: L15695/CC). They’ve consistently demonstrated a commitment to security and integrity, ensuring that I have peace of mind when trading. It's unfortunate that some individuals have posted misleading reviews, likely with hidden agendas. I encourage others to carefully verify any claims before believing negative misinformation. I’ve found Connexar Capital to be reliable, with a great trading platform, clear communication, and excellent support. Any concerns about shared hosting are irrelevant since they have robust security measures in place to protect client data. If you’re curious about their services, I suggest reaching out to them directly. My experience with Connexar Capital has been positive, and I trust them to continue delivering exceptional service despite any misleading tactics.
Translate to English
2024-10-08 14:14
Reply
0
0
Akay1646
more than one year
They are good, deposit and withdrawal is prompt, i have been trading for 2 years, their support is good, funding account and No deposit bonus 50$ also decent, but currently that offers are not , Good upcoming brokerage
They are good, deposit and withdrawal is prompt, i have been trading for 2 years, their support is good, funding account and No deposit bonus 50$ also decent, but currently that offers are not , Good upcoming brokerage
Translate to English
2023-09-23 20:51
Reply
0
0