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.
Yes , you can run Windows on your Mac using virtualization software such as Parallels or VMware Fusion. This will allow you to use the desktop version of MT5.
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 platform.
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 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.
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 IBs.
You can withdraw up to 50% from the bonus for which you opted for the welcome bonus Eg: If you deposited $10,000, you might opt for 50% welcome bonus which is $5000, from $5000, 50% is $2500 you can withdraw if you complete the terms and conditions under connexar capital ltd.
No, those accounts under PAMM or MAM or manager accounts are not eligible for a withdrawal 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。
This offer excludes ConneXarCapital Ltd accounts based in the UK and US, and countries that restrict forex trading operations are not eligible to open or opt for promotion from Connexar capital ltd.
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.
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 MT5 Trading platform on your phone and or desktop and start trading.
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.
Here is some more info: For example, if the Investor deposits $1000, ConneXar Capital Ltd offers a 50% bonus, then the overall balance will be $500. If your account comes down to—$1000 (Stop Out Level), then the bonus will be automatically deducted. In the same example, if you opt for a withdrawal of $200 before making a profit, then the Bonus will be deducted automatically. If the investor can withdraw profits above the investment, it won’t affect the 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,are eligible for trading.
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 is not 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.
Above Terms are applicable for one month, after completing the first, fill the form within a week, for Swap Refund Request
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.
Investors cannot claim for more than 30 days swap, For Eg: if the investors opens the trade on 2nd Jan, Traders complete the Slab on Feb 1st, it cannot be taken for the count, will calculate upto Jan 2nd to Jan 31st of the same month.
No, only Closed Orders Positions will be calculated
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
Yes, However, for Institution Clients / Corporate Clients are not eligible for this Particular Swap Refund Program, No Need to Worry, Connexar Capital Ltd offers a lucrative structure for Corporate and Institutional Clients.
Arbitrage trading involves taking advantage of price discrepancies between different markets or platforms. This strategy typically involves placing simultaneous buy and sell orders to profit from the difference in prices.
Trades should not be opened for less than 30 seconds. If we detect trades that involve simultaneous buying and selling across accounts using the same IP address or other similar structures, we reserve the right to take action against such arbitrage trades.
No, latency arbitrage or high-frequency trades are not allowed on our platform. Such trades exploit differences between our trading platform's pricing and the liquidity providers' prices, which can lead to unfair trading conditions. If we detect such trading, we will take corrective measures, including possible deduction of funds.
No, hedge-based arbitrage trades involving two different accounts, where one account buys and another sells using latency or discrepancies, are strictly prohibited. Using such tactics to manipulate trades across multiple accounts will result in account actions.
Yes, the use of Expert Advisors (EA) for normal trading is allowed, provided they do not involve arbitrage strategies. Any EA that engages in arbitrage trading, such as exploiting price discrepancies or latency, is strictly prohibited and will result in account action.
If we detect any form of arbitrage trading, Connexar Capital reserves the right to take necessary actions, which may include the deduction of profits, or in some cases, the deduction of the initial deposit. Arbitrage trading negatively affects our liquidity feed and can cause serious financial risks to the brokerage. Therefore, strict actions are in place to protect both our clients and our business.
Arbitrage trading takes advantage of technical inefficiencies in the platform, triggering trades faster than the real market price due to latency or other factors. This practice creates an imbalance in the liquidity feed, which can lead to significant losses for the brokerage. As such, we have outlined clear rules to prevent this type of trading.