Score
Comoros
|
2-5 years
| https://www.connexarcapital.com/
Website
Rating Index
Influence
D
Influence index NO.1
India 2.56
LicensesNo valid regulatory information, please be aware of the risk!
Comoros connexarcapital.com India
VIP is not activated.| Connexar Capital Review Summary | |
| Founded | 2022 |
| Registered Country/Region | Comoros |
| Regulation | Unregulated |
| Market Instruments | Forex, Precious Metals, Indices, CFDs, Cryptocurrencies |
| Demo Account | ✔ |
| Leverage | Up to 1:400 |
| Spread | From 0.2 pips |
| Trading Platform | MT5 (Windows, Mac, Android, iOS) |
| Min Deposit | $50 (Ultra Account) |
| Customer Support | Phone: +44 7308642365 |
| Email: support@connexarcapital.com | |
| 24/7 Online Chat: Available | |
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.
| Pros | Cons |
| Many instruments, including Forex and CFDs | Unregulated |
| Low minimum deposit of $50 | Only provide one trading platform: MT5 |
| Provides 3 different account types | |
| Offers leverage up to 1:400 | |
| Provides bonus progaram |
Connexar Capital operates as an unregulated platform.
Connexar Capital provides many trading instruments, including major, minor, and exotic currency pairs, precious metals, indices, and CFDs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Precious Metals | ✔ |
| Indices | ✔ |
| CFDs | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ❌ |
Connexar Capital offers 3 account types, designed for different levels of traders.
| Account Type | Minimum Deposit | Spread | Leverage | Additional Features |
| Standard | $100 | From 1.9 pips | Up to 1:400 | Swap-Free, MT5 |
| Professional | $1,000 | From 0.2 pips | Up to 1:200 | ECN Execution, MT5 |
| Ultra | $500 | From 1.3 pips | Up to 1:300 | PAMM/MAM Support |
Meanwhile, it also provides PAMM account and MAM account.
Connexar Capital offers leverage from 1:200 to 1:400
| Account Type | Maximum Leverage |
| Connexar STD | 1:400 |
| Connexar ECN | 1:200 |
| Connexar PRO | 1:300 |
Connexar Capital has three account options with different spreads, commissions, and swap costs. Here is a thorough breakdown:
Spreads are different based on the account type:
Below are specific examples for common trading instruments:
| Instrument | Connexar STD | Connexar ECN | Connexar PRO |
| EUR/USD | 1.9 pips | 1.1 pips | 1.8 pips |
| GBP/USD | 2.2 pips | 1.4 pips | 2.1 pips |
| Gold/USD | 2.1 pips | 1.2 pips | 1.9 pips |
| JPN 225 Index | 65.5 pips | 55.5 pips | 60.5 pips |
| US Wall Street 30 Index | 81.5 pips | 71.5 pips | 76.5 pips |
Connexar Capitals commissions depend on the account type, from 0 to $6 per lot:
| Account Type | Commission |
| Connexar STD | No commissions; costs included in spread. |
| Connexar ECN | $6 per lot (round turn). |
| Connexar PRO | No commissions; costs included in spread. |
Commexar is swap free. For traders satisfying particular volume criteria, there is a swap reimbursement program:
| Volume Achieved | Refund Percentage |
| 0.1% of deposit | 20% refund of swap fees |
| 0.2% of deposit | 50% refund of swap fees |
Connexar only offers MT5 as its trading platform.
| Trading Platform | Supported Devices | Suitable For |
| MT5 | Windows, Mac, Android, iOS | Advanced traders & professionals |
Connexar Capital offers 3 types of fee-free deposit and withdrawal options.
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Bank Transfer | $100 | None | 2-3 hours |
| E-Wallets | $100 | None | Instant |
| Cryptocurrencies | $50 | None | Instant |
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.
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."
Connexar Capital offers three distinct account types, which I find useful depending on my trading needs. The Standard account, with a minimum deposit of $100, is geared towards beginners like myself who are still learning the ropes, offering spreads from 1.9 pips. The Professional account, with a higher deposit of $1,000, offers more advanced trading features such as ECN execution and spreads starting from 0.2 pips. For more experienced traders or those looking for additional support, the Ultra account offers features like PAMM/MAM support, with spreads from 1.3 pips and leverage up to 1:300. I appreciate the flexibility of these accounts, as they cater to different levels of traders. When I log in to Connexar Capital, I always check the account type that fits my trading strategy and volume.
Connexar Capital has a relatively low minimum deposit requirement, which is something I appreciate as a trader. For the Ultra account, the minimum deposit is just $50, which is affordable for those starting out or testing the platform. For the Standard account, the deposit requirement is $100, while the Professional account has a minimum deposit of $1,000. Personally, I like that Connexar Capital provides flexibility in deposit amounts, allowing me to trade without having to commit large sums upfront. This flexibility makes it easier for me to manage my capital when I log in to Connexar Capital.
Trading with an unregulated broker like Connexar Capital can expose me to a variety of risks, especially since there is no external oversight or consumer protection. If there were to be any issues with withdrawals or disputes over trades, I wouldn’t have the support of a regulatory body to help resolve them. Additionally, unregulated brokers might be more likely to engage in unethical practices, as there are fewer legal constraints. While Connexar offers good trading conditions, I always keep the risk of trading without regulation in mind when logging in and executing trades. For me, the lack of protection is the biggest downside to using this platform.
One thing I appreciate about Connexar Capital’s unregulated status is the flexibility they offer. Unregulated brokers often have fewer restrictions, which can lead to better trading conditions such as higher leverage options and more diverse financial instruments. Connexar allows leverage up to 1:400, which is quite appealing to traders like me who are comfortable with higher risks. Additionally, the ability to trade in assets such as cryptocurrencies and forex on a single platform is an advantage. While the lack of regulation raises concerns for me, I understand that some traders prefer this kind of freedom in their trading activities. So, when I log in to Connexar Capital, I know I’m getting high leverage and a wide variety of instruments, but I also remain cautious about the lack of regulatory oversight.
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