Score

3.93 /10
Danger

CONNEXT

Saint Vincent and the Grenadines

2-5 years

Regulated in Seychelles

Derivatives Trading License (EP)

MT5 Full License

High Potential Risk

Offshore Regulation

B

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Comparison

Quantity 7

Exposure

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Website

Score

Regulatory Index4.86

Business Index6.90

Risk Management Index5.64

Software Index6.44

License Index4.03

The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Connext LLC

Company Abbreviation

CONNEXT

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2026-07-31
  • WikiFX has recorded a total of 6 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.
  • This broker is regulated in an offshore jurisdiction with a light-touch supervisory framework. Please be aware of the risks!

WikiFX Verification

Pyramid scheme complaint
Expose
Scam

Chart frozen, loss $3,780

On July 14, 2026, I traded gold (spot gold: XAUUSD) with broker CONNEXT by placing a buy order at price 4037 and closing when the price reached 4091 at that time Thai time 19:29:34. After that, CPI news was released causing the price to surge rapidly and exceed the set closing price, but the chart froze and did not move compared to others. This caused me to lose all the money I should have earned, $3,780. I have reported the problem and followed up with this broker since the chart freezing incident, but the broker evaded and delayed responses repeatedly until July 31, they answered that they cannot compensate the full amount = they just refused to pay. "Beware of deceptive advertisements luring investments from this broker.

2026-07-31 11:24
Unable to Withdraw

Dissatisfaction and Warning About This Platform

Recently, I engaged in trading on this platform but unfortunately became a victim of a scam. I invested hundreds of dollars to purchase a service or product, only to encounter significant issues during the transaction process. Firstly, after making the payment, I did not receive any goods or services as promised, and the customer service response was extremely slow and unhelpful, failing to provide effective solutions to my concerns. Moreover, the operational details of the platform showed a lack of adequate protective measures, making me feel utterly deceived. This experience has been profoundly disappointing and has led me to seriously doubt the credibility of the platform. I urge the platform to address these issues promptly, improve its customer service system, and enhance transaction transparency to prevent others from suffering losses like mine. Additionally, I hope that my refund issue can be resolved quickly and that I receive fair compensation for my losses. Repeated attempts to contact customer support have always resulted in being told to wait 24 hours, yet the outcome remains unresolved regarding withdrawals. I advise everyone not to open accounts here as it is impossible to withdraw funds and it simply wastes time! I strongly recommend other consumers to be cautious when conducting transactions to avoid being deceived. A platform that refuses even to release a few hundred dollars is utterly reprehensible!

2025-01-31 20:25
    CONNEXT · Company summary
    Connext Review Summary
    Registered2022
    Registered Country/RegionSaint Vincent and the Grenadines
    RegulationFSA (Offshore Regulated)
    Market InstrumentsForex, Precious Metals, Energies, and Cryptos
    Demo Account
    LeverageUp to 1:1000
    SpreadFrom 1.2 pips (Standard account)
    Trading PlatformMT5
    Minimum Deposit$10
    Copy Trading
    Customer SupportTel: +248 4377028
    Email: support@connextfx.com
    Facebook, YouTube, WhatsApp

    Connext Information

    Connext is a global CFD broker. It offers trading in forex, precious metals, energies and cryptocurrencies via the MT5 platform, with leverage of up to 1:1000. Account types include Micro Accounts, Ultra Accounts, No Swap Accounts for Islamic traders, and demo accounts. Features such as copy trading and multi-device MT5 access are also provided.

    Connext Information

    Pros and Cons

    Pros Cons
    Demo accounts availableOffshore regulation risks
    Low minimum deposit of $10Commission fees charged
    No deposit feesLimited info on deposit and withdrawal
    MT5 available
    Copy trading function

    Is Connext Legit?

    The Seychelles Financial Services Authority (FSA) offshore regulates Connext with license number SD155. Although the platform claims to be regulated by the FCA, a top UK regulatory authority, it has not provided actual proof. It is recommended that traders prioritize brokers regulated by top-tier regulatory authorities for their transactions.

    license

    What Can I Trade on Connext?

    Connext provides forex, precious metals, energy, and cryptocurrencies, specifically including over 60 major and minor currency pairs (such as EUR/USD, GBP/JPY), gold, silver, crude oil (such as UKOIL, USOIL), natural gas, Bitcoin, Ethereum, Monero, and more.

    Tradable Instruments Supported
    Forex
    Precious Metals
    Energies
    Cryptocurrencies
    Indices
    Stocks
    Bonds
    Options
    ETFs
    Mutual Funds
    assets

    Account Type

    Account TypeMicroUltraStandardNo SwapULTRA GOLD
    Minimum Deposit$10 (1,000 cents)$10
    Maximum Leverage1:1000
    Spread from1.4 pips0.6 pips1.2 pips1.5 pips1.5 - 2.3 pips
    CommissionFrom $6 per lotFrom $3 per lot
    Swap

    Connext Fees

    Spread: The minimum spread for major currency pairs is 0.6 pips (Ultra account), and the spread for gold is 1.5-2.3 pips (ULTRA GOLD account).

    Commission: $6 per lot for Ultra, $3 per lot for ULTRA GOLD.

    Swap: Overnight holding will generate interest for all accounts except the No Swap account, with the interest being positive or negative depending on the long/short position.

    Connext Fees

    Leverage

    The leverage can be as high as 1:1000. From 00:00 GMT+2 on April 1, 2024, the new margin rates for financial products will be as follows:

    Stock Amount Range (USD) Maximum Leverage
    <15,0001:1000
    15,000 - 30,0001:500
    30,000 - 50,0001:400
    50,000 - 60,0001:200
    60,000+1:100

    Margin

    Asset ClassMargin
    FX (Majors, Minors)Account Leverage
    FX (Exotics, Nordics)1%
    Indices (US30 contract size 1, All others 10)0.5%
    GoldAccount Leverage
    Energy (NGAS, UKOIL, USOIL)1%
    Indices (US30 contract size 1, All others 10)10%
    Crypto (Except Monero)20%
    Crypto (Monero)50%
    Stocks10%
    Connext Fees

    Trading Platform

    Connext provides MetaTrader 5 (MT5), which supports multi-terminal synchronization, such as desktop, mobile, and web terminals. It also supports the EA intelligent trading system, making it suitable for Experienced traders.

    Trading PlatformSupported Available Devices Suitable for
    MT5Desktop, Mobile, WebExperienced Traders
    MT4/Beginners
    Trading Platform

    Copy Trading

    Through the built-in Copy mechanism of the platform, users can replicate the strategies of over 6,000 professional traders worldwide, making it suitable for traders lacking time or experience.

    Copy Trading

    Deposit and Withdrawal

    Connext offers a minimum deposit of only $10 and it does not charge any deposit fees. However, other details such as payment options, processing time, and accepted currencies, are not clear.

    News

    ExposureConnext Exposure: Do Traders Face Unfair Profit Deductions and Fund Withholding?

    Did Connext discard your deposits or gains using the claim of trading rule violation? Did you find the broker’s IB program suspicious? Failed to withdraw profits even if it was a small amount? Have you encountered slippage that further worsened your trading experience at Connext? These are not only your concerns; they have allegedly taken a shape of massive negative reviews online. In this Connext review article, we have elaborated on user complaints. Read on to find out the same.

    WikiFX
    2026-03-19 19:17
    Connext Exposure: Do Traders Face Unfair Profit Deductions and Fund Withholding?

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    User comment

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    The TOOK
    0-3months
    เมีอวันที่ 14 กรกฎาคม พ ศ 2569 ข้าพเ ทำการซื้อขายทอง(spot gold:XUASUD)กับโบรกเกอร์CONNEXT โดยออกคำสั่ง ซื้อล่วงหน้า ที่ราคา 4037 และ ปิดเมื่อราคาไปถึง ที่ 4091 ขณะนั้นเวลาไทย 19:29:34 น. หลังจากนั้นมีการรายงานข่าว CPI ทำให้ราคาพุ่งไปอย่างรวดเร็ว และเกินราคาที่ตั้งปิดไว้ แต่กราฟค้างไม่วิ่ง เมื่อเทียบกับเจ้าอื่น ทำให้ข้าพเจ้าเสียเงินที่ควรจะได้ไปทั้งหมด 3780 usd ทั้งนี้ข้าพเจ้าได้แจ้งปัญหาและติดตามกับโบรกเกอร์รายนี้ตั้งแต่เกิดเหตุการ์กราฟค้าง แต่โบรกเกอร์บ่ายเบี่ยงเลื่อนการตอบเรื่อยมา จน 31 กรกฏาคม ก็ได้คำตอบว่าไมาสามารถชดเชยตามจำนวนได้ = บิดไม่ยอมจ่ายนั่นเอง “โปรดระวังโฆษณาชวนเชื่อหลอกให้ลงทุนจากโบรคนี้”
    เมีอวันที่ 14 กรกฎาคม พ ศ 2569 ข้าพเ ทำการซื้อขายทอง(spot gold:XUASUD)กับโบรกเกอร์CONNEXT โดยออกคำสั่ง ซื้อล่วงหน้า ที่ราคา 4037 และ ปิดเมื่อราคาไปถึง ที่ 4091 ขณะนั้นเวลาไทย 19:29:34 น. หลังจากนั้นมีการรายงานข่าว CPI ทำให้ราคาพุ่งไปอย่างรวดเร็ว และเกินราคาที่ตั้งปิดไว้ แต่กราฟค้างไม่วิ่ง เมื่อเทียบกับเจ้าอื่น ทำให้ข้าพเจ้าเสียเงินที่ควรจะได้ไปทั้งหมด 3780 usd ทั้งนี้ข้าพเจ้าได้แจ้งปัญหาและติดตามกับโบรกเกอร์รายนี้ตั้งแต่เกิดเหตุการ์กราฟค้าง แต่โบรกเกอร์บ่ายเบี่ยงเลื่อนการตอบเรื่อยมา จน 31 กรกฏาคม ก็ได้คำตอบว่าไมาสามารถชดเชยตามจำนวนได้ = บิดไม่ยอมจ่ายนั่นเอง “โปรดระวังโฆษณาชวนเชื่อหลอกให้ลงทุนจากโบรคนี้”
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    2026-07-31 11:24
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    Black7ks Channel
    more than one year
    Withdraw crypto veryfast Profit Thank you Connext Broker
    Withdraw crypto veryfast Profit Thank you Connext Broker
    Translate to English
    2026-01-12 05:28
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