ConneXar Capital Forex Broker

Connexar Capital Review SummaryFounded2022Registered Country/RegionComorosRegulationUnregulatedMarket InstrumentsForex, Precious Metals, Indices, CFDs, CryptocurrenciesDemo Account✔LeverageUp to 1:400SpreadFrom 0.2 pipsTrading PlatformMT5 (Windows, Mac, Android, iOS)Min Deposit$50 (Ultra Account)Customer SupportPhone: +44 7308642365Email: support@connexarcapital.com24/7 Online Chat: AvailableConnexar 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.Pros and ConsProsConsMany instruments, including Forex and CFDsUnregulatedLow minimum deposit of $50Only provide one trading platform: MT5Provides 3 different account typesOffers leverage up to 1:400Provides bonus progaramIs Connexar Capital Legit? Connexar Capital operates as an unregulated platform.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 InstrumentsSupportedForex✔Precious Metals✔Indices✔CFDs✔Cryptocurrencies✔Stocks❌Account Types Connexar Capital offers 3 account types, designed for different levels of traders.Account TypeMinimum DepositSpreadLeverageAdditional FeaturesStandard$100From 1.9 pipsUp to 1:400Swap-Free, MT5Professional$1,000From 0.2 pipsUp to 1:200ECN Execution, MT5Ultra$500From 1.3 pipsUp to 1:300PAMM/MAM Support Meanwhile, it also provides PAMM account and MAM account.Leverage Connexar Capital offers leverage from 1:200 to 1:400Account TypeMaximum LeverageConnexar STD1:400Connexar ECN1:200Connexar PRO1:300Connexar 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 PROEUR/USD1.9 pips1.1 pips1.8 pipsGBP/USD2.2 pips1.4 pips2.1 pipsGold/USD2.1 pips1.2 pips1.9 pipsJPN 225 Index65.5 pips55.5 pips60.5 pipsUS Wall Street 30 Index81.5 pips71.5 pips76.5 pipsCommissions Connexar Capitals commissions depend on the account type, from 0 to $6 per lot:Account TypeCommissionConnexar STDNo commissions; costs included in spread.Connexar ECN$6 per lot (round turn).Connexar PRONo commissions; costs included in spread.Swap Refund Commexar is swap free. For traders satisfying particular volume criteria, there is a swap reimbursement program:Volume AchievedRefund Percentage0.1% of deposit20% refund of swap fees0.2% of deposit50% refund of swap feesTrading Platform Connexar only offers MT5 as its trading platform.Trading PlatformSupported DevicesSuitable ForMT5Windows, Mac, Android, iOSAdvanced traders & professionalsDeposit and Withdrawal Connexar Capital offers 3 types of fee-free deposit and withdrawal options.Deposit OptionsMin. DepositFeesProcessing TimeBank Transfer$100None2-3 hoursE-Wallets$100NoneInstantCryptocurrencies$50NoneInstantBonus 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.