Yes, the MT5 desktop platform is free to download and use. However, you will need to have a trading account with a broker that supports the MT5 platform to start trading.
Yes, MT5 desktop provides real-time market data and quotes for the financial instruments available on the platform.
Yes, MT5 desktop provides a customizable interface that allows you to tailor the platform to your specific needs.
Yes , You can, Click here to know how to use MT5 on MAC.
As there is no native version of MT5 for Mac, compatibility with MacOS Big Sur will depend on the virtualization software you are using to run Windows on your Mac.
Yes, You can able to access unlimited numbers of accounts on the same MT5 platforms.
Yes, You can able to change the password in the trading software itself, go to Tools?Options ?Server ?Change ?Where you can change the Investor or trading password.
Yes, the existing users can use MT5 on Appstore if it is not updated, if in case updated then, no longer users can use MT5 on App store.
Yes, the MT5 Android app is free to download and use.
Yes, the MT5 Android app allows you to trade multiple asset classes, including forex, stocks, futures, and options, using your Android device.
Yes, the MT5 Android app supports trading robots (EAs) for automated trading.
Yes, the MT5 Android app is free to download and use.
Yes, the MT5 Android app allows you to trade multiple asset classes, including forex, stocks, futures, and options, using your Android device.
Yes, the MT5 Android app supports trading robots (EAs) for automated trading.
Yes, the MT5 Android app provides market-depth information, allowing you to view the level of liquidity in the market and make informed trading decisions.
Yes, you can access unlimited demo/practice or live accounts in one trading platform.
Yes, the MT5 Android app supports custom indicators, allowing you to use the indicators you prefer for your trading.
Yes, the MT5 Android app uses secure encryption to protect your account information and trades.
Yes, the MT5 Android app requires an internet connection to access the markets and execute trades.
Yes, the existing users can use MT5 on Appstore if it is not updated, if in case updated then, no longer users can use MT5 on App store.
In early October, Apple removed the mobile versions of the MT4 and MT5 trading platforms from its Appstore. The reason is alleged non-compliance with guidelines by the developers of the MetaTrader 4 and MetaTrader 5 mobile apps.
We are hoping in the future meta traders will update the standardized rules set according to IOS applications.
Yes, the MT5 Android app provides market-depth information, allowing you to view the level of liquidity in the market and make informed trading decisions.
Yes, you can access unlimited demo/practice or live accounts in one trading platform.
Yes, the MT5 Android app supports custom indicators, allowing you to use the indicators you prefer for your trading.
Yes, the MT5 Android app uses secure encryption to protect your account information and trades.
Yes, the MT5 Android app requires an internet connection to access the markets and execute trades.
Yes, We have tailored and made professional designs available with us, we can customize the design according to your needs
Yes, we take care of the complete website design if you required also we take care backend functionality as well.
1. Notarized Passport Copy
2. Meta Quotes KYC Form
3. Personal Address Proof (Utility Bills/ Bank Statement)
4. Company Address Proof ( Utility Bills/ Bank Statement)
5. Incorporation Certificate (U.K, St.Vincent, or as you wish)-Connexar Capital takes two business days to complete the work
6. Company Logo as per meta quotes formates - Connexar Capital will take care of the process if required
7. Website Domain registration proof in the name of the proprietor
The same documents are required to open the white label company if it is a partnership
Just get started with your own forex brokerage solutions. We have tailored made solutions that will cover from scratch to the end part.
· White Label
· Website
· CRM
· Forex Signal App
· Company Setup
· Payment Gateway & Banking Operations
· Back Office Support
· Digital Marketing & Sales Promotions
· Auditing
· Forex Consultation
We are with you at every step of your growth anything else we are able to assist you to contact us: support@connexarcapital.com
There is no particular date, as long you wish to withdraw the amount, you can request the withdrawal.
An Introducing Partner (IB) in the forex market is an individual or a company that refers clients to a connexar capital forex brokerage firm. The IB earns a commission for each trade made by the referred client.
Yes, You can in the IB commission however minimum amount for trading in the account needs to be $100.
Yes, You can refer sub-IB upto two levels with connexar capital, suppose if you getting an IB commission of $3 you can allocate your Sub-IB $2 and the balance will transfer to your IB wallet account, whenever your Sub-IB refers the clients, you will get a trading commission.
Connexar Capital Ltd offers unlimited client referrals, if want more commission then refer as many as you can to get more revenue generation.
No, there are no such educational qualifications needed to become an IB, however one must knowledge about financial market and explain the risks to the referred clients.
No, there is no risk involved to become an IB, the profit or loss occurs only to introducing clients, not for IB’s.
No, it’s a tradable bonus, it's won’t occur a trade loss on the bonus we are given.
When the account gets closed, the bonus will automatically be removed, bonus is used only for the tradable purpose, which cannot occur loss.
Yes, you can withdraw the welcome bonus, if you achieve the volumes as per our conditions* Click here to know about Withdrawal Bonus Conditions.
No, as long you make a profit, we (as connexarcapital Ltd) get a brokerage commission so there is no need to share any profit or loss which occurred from the trading account.
No, in this welcome bonus program, you need to deposit to opt for a welcome bonus however, we do have a No Deposit $50 program where you can get $50 without a deposit. Click Here to opt free $50 deposit
No, those who use pamm or mam or followers of the mam or pamm account can’t opt for a welcome bonus or no deposit bonus.
Whatsoever the bonus received needs to achieve 10% standard volume, example if the client receives $1000 as a bonus, from that 10% that is 100 standard volume ( one standard volume is 100,00 units, 1.00 lot) within six months
Yes, it is free money, but it usually comes with certain conditions and restrictions, such as minimum trade volume, time limits, or withdrawal restrictions.
Yes, It can be a good way to start forex trading as it allows traders to trade with real money without risking their own funds, but it is important to understand the terms and conditions of the bonus and to educate oneself about the forex market.
As many opt for this promotion, we request you to check frequently to schedule
a meeting with our representative.
Yes, it is possible to make a profit with a no-deposit bonus, but it also comes with risks, as the trader is trading with real money.
Note: There should not be any more open trades or new trades during the
review process
As the company offers this promotion for new clients from a marketing perspective, moreover connexar capital ltd needs to spend on leads therefore to get a mutual benefit with clients and connexar capital ltd we offer this program for new welcoming clients also those who are new to forex can trade real-time experience with connexar capital ltd.
No, you must finish evaluation one and then you need to move on to evaluation two, stages three and four levels.
The daily limit is a 5% draw down and the overall limit is a 10% drawdown, if is reached and then you try to recover during open trades or closed trades, you are not eligible to continue the contest, its violets the trading rules,
Stage one:
1) you need to achieve 10% returns within 30 trading days and also
2) you should not reach, either the 5% daily drawdown limit or 10% overall drawdown limit. In both the cases account will be suspended? if you are in $105, you should not loss $5 in a day
? If you made a profit of $5, in open trades you are not supposed to lose 5% from the original deposit that is $5 loss in open trades, then you are not eligible to continue the contest? if you made a profit of $5 (5%), you are not allowed to lose $10 in open trades as well as closed trades
? Closed trades you made a profit of $10, however if you are not eligible to lose $10 in open trades.? If your equity is profit, you are eligible to lose less than 5% for consecutive days.
Eg: Day 1: profit $8, eligible to lose less than $5
Day 1 & 2: Profit of $5 and $4, in the future trading periods within the profit you are eligible to lose $4 on day 4, $4 on day 5, $4 on day 6, $4 on day 7. Therefore,
the overall loss was $16, however, you have not breached the 5% daily limit and
equity has not fallen below $90, so you are eligible to continue the contest.
Likewise, you can start crossing all the stages to reach live account profit
share.
Eg: if you made a profit of $400 from$10,000, even though you did not reach the
target, next month account will reset to $10,000 you can elect to trade.
· 1:100 leverage for Forex pairs, 1:50 leverage for Commodities and indices
· EA and Robot trading are strictly not allowed
· If you lost the daily limit or overall limit in open trades or closed trades and if you recovered the loss, then it is termed as breached the account.
· Trading credentials should not be changed, We are not responsible if your account is hacked or distributed
· System monitoring will be maintained to make sure rules are followed
· No refund of registration fees once trading started
· No Arbitrage or Hedge trading, Same time buying and selling in multiple accounts not allowed
· If your account is inactive for more than 5 days, it will be automatically disqualified
· After your program registration, you will receive your login details within 3- 4 hours
· Profit sharing will be applied by both broker and the trader, the ratio will be 70% on Stage 3 and 75% profit share on Stage 4 to the trader.
For Any new rules or terms please check frequently in registered emails will be adding the terms and conditions to this webpage.
Unlike the PAMM account, the
MAM account as well as the investor's account will have a balance. Investors
will have their own balance, money manager will have a MAM pool account
deposit.
It's important for money managers to know the appropriate volume for the MAM
account,
Depending upon the
follower's pool size account, the MAM manager needs to maintain the volume
size.
Investor “X” account $1000 -
Investor “Y” Account $2000
Investor “Z” Account $3500
Overall MAM size accounts for $6500, as the money manager needs to follow the
same as the PAMM pool size.
In the above example, The money manager MAM account pool size is $6500 therefore money manager has to
maintain a minimum volume of 0.07 Volume.
If the pool size differs for example if Investor “Y” has withdrawn the full
amount invested then the MAM pool size will become $5500, then 0.05 minimum volume has to
maintain
If new investor “A” joins the MAM account with a balance of $2300, then PAMM pool size will
become $7800 - 0.08 Volume required
If the pool size is $10,000 - 0.10 Volume required
If the pool size is $50,000 - 0.50 Volume required
In the above example. If the MAM account pool size is $6500- if the investor
enters 0.07 then Investor “X” will get 0.01,
Investor “Y” will get 0.02, and
Investor “Z” will get “0.04”
if Incase if the money manager enters less volume of 0.03, then all investors
will get 0.01 volume, then the profit or loss won’t be in the equalized split.
Note: Whenever new investors are added, check the minimum volume
requirements.
When do I get the profit share from the investors?
For Ex: Investor “X” allocated risk 10% of and Investor “Y” allocated 15%
risk,, etc in these cases, whichever risk limit was allocated from the
investors, the investors account will be removed if it met with risk limit, If
the above example if you met 10% loss, then Investor “X” will be removed
automatically from the PAMM account
Yes, copy trading is legal as long as it is done through a ConnexarCapital Ltd
No, you don't need to have trading experience to do copy trading. Copy trading is designed to allow investors to benefit from the expertise of successful traders without needing to learn how to trade themselves; however investors should have basic knowledge about capital and risk allocation.
Connexar Capital Ltd offers a range of traders to choose from, including professional traders, experienced traders, and hobbyist traders. Connexar capital typically provides performance metrics and other data to help investors choose a trader to follow.
Copy trading still involves risks, as past performance is not a guarantee of future results, and the signal provider's strategy may not always be successful. It's important to carefully evaluate the performance and strategy of signal providers before deciding to copy their trades.
The cost of copy trading varies depending on the ConnexarCapital Ltd or broker, as well as the signal provider being followed. Some ConnexarCapital Ltd charge a flat fee per trade or a monthly subscription fee, while others charge a percentage of the profits earned from copy trading.
Yes, investors can adjust their copy trading settings, such as the amount of money allocated to a signal provider's trades and the level of risk. It's important to regularly monitor and adjust copy trading settings to ensure that they align with an investor's investment goals and risk tolerance.
A PAMM account (Percentage Allocation Management Module) is a type of investment service offered by some forex brokers that allows traders to invest in the forex market through a professional fund manager.
ConneXar capital Ltd By default, it gives the PAMM Account option to all the clients. Once you have Sign Up to www.connexarcapital.com, you will receive the complete login details for Client Portal in Email. From there you can Login to the Client Portal using www.crm.connexarcapital.com
There you can see the PAMM Management options -> there you can select “Open PAMM List” -> there you can see the List of PAMM Manager,
with details of Name, Profit Sharing, Investment Date and End Date, Trading Start and End Date.
Once you have deposited a fund to an MT5 Account, From the CRM Back Office you can Internal transfer the fund using the “Deposit to Wallet” option from My Wallet Tab..
From the CRM Back office dashboard, you have the PAMM Management tab, there you can select the PAMM Invest option there you can select the PAMM Manager, and Enter the Amount to trasfer for PAMM Manager.
Wallets are created automatically when you open a ConneXarCapital account and can be used to make deposits, withdrawals, and internal transfers to and from your trading accounts and also to invest funds to PAMM Manager..
Each PAMM manager has different criteria, please read the PAMM manager's open date and exit date, depending upon the dates you can join.
Before Investing in a PAMM Account, the Pamm Manager will tell the Trading Opening and Closing Date, so you have to Wait till the Trading End Date. In Special cases, if PAMM Manager allows you to take back the amount if there is no order running on the Market.
After the Trading End Date, PAMM managers have an option to “Share Profit”, based on profit sharing with the client and PAMM Manager the amount will automatically transfer to both client and PAMM Manager Wallet.
No, the Investor cannot trade in a PAMM account once the funds are distributed
ConneXar Capital disabled the PAMM manager's personal details, however, you can send request mail if the PAMM manager responds then the investor is able to communicate.
Yes, you can change the account type, as the funds once distributed to a PAMM account as long as the investor account if there are no open traders you can give a request to change the account type.
As you agreed to bear profit and loss, if the PAMM manager makes profit or loss its investors as agreed to bear risk up to a certain percentage as been agreed on, before investing you can make an analysis about the PAMM manager, and then you can invest.
When choosing a PAMM account to invest in, it's important to research the fund manager's track record, trading style, and risk management strategies. You should also review the account's historical performance, fee structure, and any minimum investment requirements.
Like all investments, there is always the risk of losing money in a PAMM account. Additionally, the performance of the fund manager can be impacted by market conditions, changes in their trading strategy, and other factors. It's important to thoroughly research the fund manager and their track record before investing.
Yes, you can, typically withdraw your funds from a PAMM account at any time, a check if there are any open trades before withdrawing the profits, or deposit that there are no open trades you can withdraw at any time if there are open trades in case of emergency you can write a mail to support@connexarcapital.com, will help you close the open trades within two business days and you can proceed for withdraw, however, money managers have the contract for a certain period usually a month Eg: if the contract period setup by money manager for 25 days, in every 25 days whatsoever the profit/loss distributed to the investors.
Money managers might have a certain contact period usually 30 days (not more than 30 days) If the money manager sets the contract period of 25 days, then every 25 days whatever the profit or loss will be distributed to the investors.
For Eg Profit: if the investor started with $1000, the money manager made 10% ($100) profit and the money manager charges 20% ($20) profit from the trades then the profit of $80 will be distributed to investors and $20 profit share distributed to fund manager by connexar capital ltd.
For Eg Loss: If the money manager makes a loss from the trade Eg: a 10% loss, then there is no loss sharing by a money manager, the 10% loss needs to bear it from investors, therefore, $100 will be deducted from the investor's account.
The minimum investment required for a PAMM account can vary depending on the broker and the fund manager. Some brokers may have a minimum investment of $100, while others may require a minimum investment of $10,000 or more.
While choosing a fund manager you need to check their past performance history, however, future cannot be predicted, therefore connexar capital ltd provides the opportunity for the investors choose the risk percentage what they want to allocate: Eg: Investors can choose 15% maximum risk from the capital means whatever the market, when the it reaches 15% capital loss, then the investor money will be pulled back from money manager, therefore 85% of capital will be safe.
Profit Share: You can
charge a maximum profit share from the investors up to 40%, monthly once
connexar capital ltd will check the account balance process, whatever the
profits from that up to 40% profits allocated to you.
Can I charge differentiated profit share to the Investors?
Yes, you can charge different levels of slap to the
investors.
Eg: Investor “ X “: Invested $10,000,
Profit Share 10%
Investor “ Y “: Invested
$5000, Profit Share 15%
Investor “ Z “: Invested
$1000, Profit Share 30%
Note: In the above
example, let's assume, at the month's end you made a profit of 10% in the PAMM
account,
“X” Profit: $1000-Profit Share $100
“Y” Profit $500- Profit Share
$75
“Z” Profit $100 - Profit Share $30
The total Profit amount from the PAMM
account manager $205 will be distributed to your mt5 account.
It's important for money managers to know the
appropriate volume for the PAMM account, The minimum volume for the PAMM
account, if the pool size of the account is $1000, then you need to use 0.01
volume for the PAMM account.
For Eg: The minimum Volume requirement for the PAMM account.
PAMM account $1000 - 0.01 Volume
required
PAMM account $5400 - 0.05 Volume required
PAMM account $7800 - 0.09 Volume required
PAMM account $10,000 - 0.10 Volume required
PAMM account $50,000 - 0.50 Volume required
Note: Whenever new investors are added, check the minimum volume requirements. minimum volume requirements. When do I get the profit share from the investors?
For Ex: Investor “X” allocated risk 10% and Investor “Y” allocated 15% risk,, etc in these cases, whichever risk limit was allocated from the investors, the investors account will be removed
if it met with risk limit, If the above example if you met 10% loss, then
Investor “X” will be removed automatically from the PAMM account
ConneXar Capital may liquidate PAMM Accounts in any of the following events:
· A low indicator level in the PAMM Account monitoring (the account will be liquidated automatically, without prior warning).
· Fraud is suspected (with a prior warning).
· No trading activity for an extended period of time (with a prior warning).
· If the manager failed to comply with the legal documents rules with prior warning, it is arbitrage trades/high frequency/latency trades/hedge in different types of accounts and making latency trades, then without prior warning PAMM manager will be terminated.
If the IBs are the
same as the money manager then they are allowed to trade, as an agreement is
made between investors and the money manager, if the IBs are different from the
money manager then IB’s are not eligible to trade.
It is simple and quick. Click Open a Live Account, fill in the form and upon completion, you will receive an email with your login details that you can use to log in to our secure Members Area. Here you will be able to fund your trading account by clicking the Deposits tab in the main menu. If you are already a ConneXarCapital Ltd Real Account holder you can open an additional account in the Client Login Area
In case you fill out all the details correctly, it takes less than 5 minutes.
If you have already opened a trading account, received your login details by email, submitted your identification documents for account validation, and made a Deposit; the next step is to download the Trading platform of your choice.
You can find detailed guidance on our trading platforms here.
We have Standard account, Pro Account and ECN Account, Please click here to view the types of account
At ConneXarCapital Ltd demo accounts do not have an expiry date, and so you can use them as long as you want. Demo accounts that have been inactive for longer than 60 days from the last login will be closed. However, you can open a new demo account at any time.
No, you cannot lose more than the amount you deposited. Should the slippage of a certain currency pair cause a negative balance, it will be reset automatically with your next deposit.
As the bonus amount is part of your equity and can be used for trading, it is possible for you to lose it. However, you do not have to refund it, moreover, according to the Bonus Terms and Conditions, you can receive a new bonus on your new deposit which is 20% additional bonus
ConneXarCapital is operated by ConneXarCapital Global Limited, which ensures the safety of client funds and consumer protection as per the applicable laws and regulations. Thus, the measures that ConneXarCapital Ltd undertakes include the following:
Segregation of clients’ funds
Clients’ funds get transferred to the Company’s segregated bank account. These funds are off-balance sheet and cannot be used to pay creditors in the unlikely event of the Company's insolvency.
Bank accounts
We maintain client and operational bank accounts with banking institutions of great repute.
Supervision by the incorporation
As a regulated Securities Service Provider Licensee, we are obliged to meet strict financial requirements. We are thus required by law to maintain sufficient liquid capital to cover clients’ deposits, possible fluctuations in the Company’s currency positions, and any outstanding costs. In addition, an external auditor conducts an annual audit of the Company’s financial statements.
Currencies, Indices, Metals, and Cryptos are eligible to trade, please click here to view tradable instruments.
We offer variable spreads that can be as low as raw spread or 0.1 pips. We have no re-quoting: our clients are given directly the market price that our system receives. ConneXarCapital Ltd operates with variable spreads, just like the interbank forex market.
Yes, we do. You are free to hedge your positions on your trading account. Hedging takes place when you simultaneously open a LONG and a SHORT position on the same instrument.
When hedging Forex, Gold and Silver, positions can be opened even when the margin level is below 100%, because the margin requirement for hedged positions is zero.
When hedging all other instruments, margin requirement for the hedged position is equal to 50%. New hedged positions can be opened if the final margin requirements will be equal or less than the total equity of the account.
You can change the leverage under your client area login, Change Leverage Request and then submit the request.
Slippages hardly ever occur if you trade with us. Sometimes, however, especially when important economic news is released, due to a sharp rise/fall in the market price, your order may be filled at a different rate than you requested.
At ConneXarCapital Ltd, your orders are filled at the best available market price, which may be to your benefit.
Yes, we do. Clients who have a minimum trading account balance of 5000 USD (or equivalent currency) are eligible to request the free MT5 VPS in the Client Area at any given time on condition that they trade at least 5 standard round turn lots (or 500 micro round turn lots) per month.
A Currency Pair will be quoted at two distinct values by Forex Brokers. The Price of the Bid and the Price of the Ask . The "Bid" is Selling Price. The "Ask" is Buying Price.The difference between these two prices is referred to as SPREAD.
Above spreads are variable, spreads may vary per instrument according to market conditions. The above spreads are quoted on average spreads taken from different time zones
In times of extreme volatility or illiquid market or bank holidays (during the time of FOMC meet / important economic calendar announcement /stock market open and close time/ any important financial event..etc), trades can feel the spread widen, This isn’t a factor specific to Connexar Capital clients, but across the whole financial market landscape, including all institutional and retail market participants.
Yes, you can change the account type any time you wish however, depending upon the equity requirement you can change the account type, please note that while changing the account type we request traders to close the open and pending orders and then give requests because this will reflect in leverage and spread, you can submit the request to support@connexarcapital.com or you can raise a request your client login page, within few business hours the change will be reflected.
Because of the ill-liquidity market, the spread will widen on trading holidays. We suggest traders keep sufficient margin during market holidays this will impact traders if they have an open position.
Tight spreads can help you make a profit quicker, ConneXar Capital also expects the same from trades, during the time of stock market presence traders can feel the tight spread, after the European market opens most of the active participants will be in the market where traders can feel the tight spread.
We offer a wide range of payment options for deposits/withdrawals: by multiple credit cards, multiple electronic payment methods, bank wire transfer, local bank transfer, and other payment methods.
As soon as you open a trading account, you can log in to our Members Area, select a payment method of your preference on the Deposits/Withdrawal pages, and follow the instructions given.
You can deposit money in any currency and it will be automatically converted into the base currency of your account, by ConneXarCapital LTD prevailing inter-bank price.
Yes, you can. However, to ensure the safety of our clients’ trades the following restrictions apply:
a) Requests which would cause the margin level to drop below 150% will not be accepted from Monday 01:00 to Friday 23:50 GMT+2 (DST applies).
b) Requests which could cause the margin level to drop below 400% will not be accepted during weekends, from Friday 23:50 to Monday 01:00 GMT+2 (DST applies).
It depends on the country the money is sent to. Standard bank wire within the EU takes 3 working days. Bank wires to some countries may take up to 5 working days.
To protect all parties against fraud and in compliance with the applicable laws and regulations for the prevention and suppression of money laundering, our company’s policy is to return clients' funds to the origin of these funds, and as such the withdrawal will be returned to your e-wallet account. This applies to all withdrawal methods, and the withdrawal has to go back to the source of the funds deposit.
We do not charge any fees for our deposit/withdrawal options however if the bank or third party charges a transaction fee or conversion fee you might need to bear it.
Eg: If the Investor Deposited $10,000 , wants to eligible for Slab Two, then Trader must complete 0.2% that is Twenty Standard Volume, In between any funds added For Eg: $5000 Deposited, then ConneXaR Capital Ltd will calculate as whole Deposit $15,000,
Therefore If the Traders wants to achieve Slab Two, $15000*0.2% = 30 Standard Volumes must Complete, for 50% Swap Charges
If the Traders wants to achieve Slab One: $15000*0.1% = 15 Standard Volumes must Complete , for 20% Swap Charges
Yes, you can! however the Internal Transfer Deposit is considered as new deposits.
The Previous month's orders, carried forward to next month are not eligible.
The Swap Free Refund will be deposited, after submission of approval within three business days, however Connexar capital ltd should receive the intimation within one week after completing previous month slabs.