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Score

3.17 /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 Regulated

https://global.connextfx.com

Influence

C

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Comparison

Quantity 6

Exposure

Open Account
Website

Score

Regulatory Index1.76

Business Index6.31

Risk Management Index0.00

Software Index8.67

License Index1.76

The WikiFX Score of this broker is reduced because of too many 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

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2026-01-08
  • WikiFX has received a total of 6 user complaints against this broker, please be aware of the risks and do not be scammed!
  • This broker is regulated in an offshore jurisdiction with a light-touch supervisory framework. Please be aware of the risks!

WikiFX Verification

Exposure

6 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

my profit remove by this cammer broker

this is a total scam broker. I don't waste your hard earn money here

2024-09-21 13:56
Scam

Potential Forex Broker Scam - Funds Withh

I deposited USD 450 into my Connextfx account in October 2025 and started trading with very small positions. After a few trades, my balance grew to about USD 549, reflecting only a modest profit of around USD 99. To my shock, the broker suddenly deducted all money from my account with the explanation of “violating rules.” This completely erased not only the profit but also my initial deposit. When I contacted support, they refused to provide any clear explanation or evidence, and simply responded that “no further adjustments will be made.” This is deeply unfair and feels like my money has been taken without justification. I am now demanding at least the return of my USD 450 deposit. Taking client deposits under vague claims of rule violations is unacceptable and destroys trust. ⚠️ Warning: Based on my experience, your money may not be safe with Connextfx. Please be very cautious before depositing.

2025-10-08 16:38
Unable to Withdraw

Scam platform

I just want my capital back, but with this platform all my money is taken. Capital and profit are taken. Be careful with this platform, it's better to use another platform with clear regulations. And all the complaints from those who have used this platform are the same. And below is the proof that my withdrawal was rejected, and they transferred my funds to their wallet.

2024-09-26 08:32
Unable to Withdraw

While trading with EA, my account balance grew from $800 to $9,000, but then suddenly dropped to zero due to alleged fraudulent activity.

They claim it was a terms of service violation, and despite my requests for proof of fraud, they only repeat the violation claim without providing any evidence. Am I just supposed to accept this and give up? This document, “Connext,” is proof that my entire account balance was wiped out.

2026-01-06 23:16
Unable to Withdraw

SCAM BROKER

''Latency Abuse''With a ridiculous excuse, the principal and all my profits were blocked and they did not send me.. No one should invest here, it is completely fraudulent activity.

2024-10-10 00:15
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
Commission❌From $6 per lot❌❌From $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
MT5✔Desktop, 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.

User Reviews

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User comment

23

Comments

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FX3191785814
0-3months
EAで取引をしていて800ドルが9000ドルまで増えた時に、不正取引だということで突然口座残高がゼロになりました。 理由は規約違反で、不正の証拠を出せと言っても、規約違反の一点張りで何も出しません。 このまま泣き寝入りしかないのでしょうか？ こもConnext というのが口座残高を全額ゼロにされた証拠です。
EAで取引をしていて800ドルが9000ドルまで増えた時に、不正取引だということで突然口座残高がゼロになりました。 理由は規約違反で、不正の証拠を出せと言っても、規約違反の一点張りで何も出しません。 このまま泣き寝入りしかないのでしょうか？ こもConnext というのが口座残高を全額ゼロにされた証拠です。
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2026-01-06 23:16
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clover1453
3-6months
I deposited USD 450 into my Connextfx account in October 2025 and started trading with very small positions. After a few trades, my balance grew to about USD 549, reflecting only a modest profit of around USD 99. To my shock, the broker suddenly deducted all money from my account with the explanation of “violating rules.” This completely erased not only the profit but also my initial deposit. When I contacted support, they refused to provide any clear explanation or evidence, and simply responded that “no further adjustments will be made.” This is deeply unfair and feels like my money has been taken without justification. I am now demanding at least the return of my USD 450 deposit. Taking client deposits under vague claims of rule violations is unacceptable and destroys trust. ⚠️ Warning: Based on my experience, your money may not be safe with Connextfx. Please be very cautious before depositing.
I deposited USD 450 into my Connextfx account in October 2025 and started trading with very small positions. After a few trades, my balance grew to about USD 549, reflecting only a modest profit of around USD 99. To my shock, the broker suddenly deducted all money from my account with the explanation of “violating rules.” This completely erased not only the profit but also my initial deposit. When I contacted support, they refused to provide any clear explanation or evidence, and simply responded that “no further adjustments will be made.” This is deeply unfair and feels like my money has been taken without justification. I am now demanding at least the return of my USD 450 deposit. Taking client deposits under vague claims of rule violations is unacceptable and destroys trust. ⚠️ Warning: Based on my experience, your money may not be safe with Connextfx. Please be very cautious before depositing.
Translate to English
2025-10-08 16:38
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6