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Score
Saint Vincent and the Grenadines
Regulated in Seychelles
Derivatives Trading License (EP)
MT5 Full License
High Potential Risk
Offshore Regulation
Influence
Add brokers
Comparison
Quantity 7
Exposure
Score
Regulatory Index4.86
Business Index6.90
Risk Management Index5.64
Software Index6.44
License Index4.03
Single Core
1G
40G
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Company Name
Connext LLC
Company Abbreviation
CONNEXT
Platform registered country and region
Saint Vincent and the Grenadines
Company website
YouTube
Company summary
Pyramid scheme complaint
Expose
this is a total scam broker. I don't waste your hard earn money here
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.
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.
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!
''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.
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.
| Connext Review Summary | |
| Registered | 2022 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | FSA (Offshore Regulated) |
| Market Instruments | Forex, Precious Metals, Energies, and Cryptos |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 1.2 pips (Standard account) |
| Trading Platform | MT5 |
| Minimum Deposit | $10 |
| Copy Trading | ✅ |
| Customer Support | Tel: +248 4377028 |
| Email: support@connextfx.com | |
| Facebook, YouTube, WhatsApp | |
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.

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

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 | ❌ |

| Account Type | Micro | Ultra | Standard | No Swap | ULTRA GOLD |
| Minimum Deposit | $10 (1,000 cents) | $10 | |||
| Maximum Leverage | 1:1000 | ||||
| Spread from | 1.4 pips | 0.6 pips | 1.2 pips | 1.5 pips | 1.5 - 2.3 pips |
| Commission | ❌ | From $6 per lot | ❌ | ❌ | From $3 per lot |
| Swap | ✔ | ✔ | ✔ | ❌ | ✔ |
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.

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 |
| <15,000 | 1:1000 |
| 15,000 - 30,000 | 1:500 |
| 30,000 - 50,000 | 1:400 |
| 50,000 - 60,000 | 1:200 |
| 60,000+ | 1:100 |
Margin
| Asset Class | Margin |
| FX (Majors, Minors) | Account Leverage |
| FX (Exotics, Nordics) | 1% |
| Indices (US30 contract size 1, All others 10) | 0.5% |
| Gold | Account Leverage |
| Energy (NGAS, UKOIL, USOIL) | 1% |
| Indices (US30 contract size 1, All others 10) | 10% |
| Crypto (Except Monero) | 20% |
| Crypto (Monero) | 50% |
| Stocks | 10% |

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 Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced Traders |
| MT4 | ❌ | / | Beginners |

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.

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.
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