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Is Connexar Capital regulated?

Broker Issues
ConneXar Capital
Regulation
05-01
United States
WikiFX
Reply

Connexar Capital operates as an unregulated broker, which is something I personally take into consideration when evaluating trading platforms. Regulation is crucial for me because it guarantees that the broker is adhering to industry standards for transparency, security, and fairness. With Connexar being unregulated, I don't have the same protection that comes with trading with a broker regulated by authorities like the FCA or ASIC. Although Connexar offers a wide range of market instruments like forex, precious metals, and cryptocurrencies, the lack of regulatory oversight means I’m more exposed to potential risks. When I log in to Connexar Capital, I always keep in mind that there are no guarantees in case something goes wrong, and I approach the platform with caution.

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