ANSWER Update (May 2024):It's important to note that Connexar Capital has obtained an International Brokerage and Clearing House License from the Anjouan Offshore Finance Authority (AOFA) as of 20 April, 2024.Historical Content (Dec 2023):Connexar Capital falsely claims to be registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA). It is a firm with an overdue registration account in the Companies House (CH) registry and has been red-flagged by the Financial Conduct Authority (FCA) as an unauthorized firm in the UK (you can refer to here for the full FCA warning).These findings suggest that Connexar Capital is not reliable. Trading with this platform could lead to fraud and identity theft, potentially harming investors both financially and personally. To avoid such risks, it is recommended to steer clear of unlicensed brokers like Connexar Capital and instead choose fully regulated ones.
See more