ConneXar Capital invites you to join its IB program, but what should you know?

About ConneXar Capital

ConneXar Capital, a trading name of Conexar Capital LTD, is registered in English and U.K. Company House with company incorporation number 13914199 since 2021.

Legal

On its website, ConneXarCapital Ltd claimed itself to be registered at FSA under Saint Vincent and the Grenadines Registered number: 26798 BC 2022. Saint Vincent and the Grenadines is an attractive place for financial companies to operate through an offshore company. there is no sharp regulation or overseeing of the company operation implemented. The SVG broker can run its activity and accept forex payments through credit cards but is not overseen.

IB Program

On January 11, ConneXar Capital posted a promotional message about its IB program on its social media accounts. However, the tweet 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.”

As a company that hasn't been around very long, and this is an SVG broker, its score isn't too high.

However, on WikiFX, there are several comments about the broker in the comments section of the broker's details page, most of which are positive. But we don't know if those comments came from investors who actually participated in the investment. After all, we had received negative press about the broker.