CONNEXT operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.

Moderate risk

Scam Risk Scoremonitored · 2026-07-28

Lower riskHigher risk

Registered in Saint Vincent and the Grenadines (offshore, light oversight)
6 user exposure/complaint reports filed
Withdrawal complaints in ~20% of recent reviews

How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

Factor	Score	Weight
Regulation & licensing	55	35%
Company age	45	15%
Clone / impersonation	0	12%
Withdrawal & exposure complaints	100	12%
Offshore registration	80	8%
Transparency (site/info/social)	0	10%
Real-user sentiment	8	8%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company

Legal nameConnext LLC

Headquarters🇻🇨 Saint Vincent and the Grenadines

Founded2022-12-05

Years operating2-5 years

Employees0

Official websiteconnextfx.com

Trading conditions

Avg execution speed0 ms

Avg slippage0

Swap rating—

Trading cost rating—

Monitored traders0

Monitored orders0

Funding & instruments

Deposit methods · --

Withdrawal methods · --

Instruments--

Registered address

Richmond Hill Road, P.O. Box 2897, Kingstown, Saint Vincent, and the Grenadines.

Regulation & licenses · 1

Regulator	License type	License No.	Region	Status
FSA	Derivatives Trading License (EP)	SD155	Seychelles	Offshore Regulation

Account types · 5

Account	Max leverage	Min. deposit	Min. spread	Commission	EA
Ultra	1:2000	$0	From 0.6	$6/lot	✓
No Swap	1:2000	$0	From 1.5	--	✓
Standard	1:2000	$0	From 1.2	--	✓
Micro	1:2000	$0	From 1.4	--	✓
ULTRA GOLD	1:500	$0	From 1.6	From $3 per lot	✓

Full reviewIn-depth editorial analysis Scam or safe?Risk score & red flags AccountsTypes · min deposit · how to open Deposit & withdrawalMethods · payout reliability

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.24)

The real-review picture for Connext is sharply divided: while some traders praise low spreads, fast execution, and helpful support, a substantial and vocal group reports severe problems with withdrawals and profit retention. Multiple accounts describe depositing funds, earning profits through manual or automated trading, then being accused of 'latency abuse' or other violations to deny withdrawals—some resulting in complete loss of principal. With 20 withdrawal-related complaints and 13 scam concerns, the dominant signal is one of high risk regarding fund security.

Best for

Traders seeking high leverage (up to 1:2000) and low spreads on gold
Experienced traders who prioritize quick account opening and platform speed
Users interested in copy trading and multi-device MT5 access

Not for

Traders who require reliable, hassle-free withdrawals
Automated or EA traders, as latency abuse accusations are common
Risk-averse investors looking for a broker with strong regulatory oversight

Period:

What users complain about

What users praise

Where reviewers are from

🇹🇭 TH48

MX5

🇳🇬 NG5

Mexico5

🇸🇬 SG2

🇩🇪 DE2

Positive vs negative · last 12 months Pos Neg

Apr

May

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Dec

Apr

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Real user reviews

Where CONNEXT operates

Active across 7 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇹🇭 Thailand

🇻🇳 Vietnam

🇺🇸 United States

🇮🇳 India 1 complaint

🇮🇩 Indonesia 1 complaint

🇳🇱 Netherlands

🇦🇺 Australia

🇸🇨 Seychelles Licensed

🇯🇵 Japan 1 complaint

🇸🇬 Singapore 1 complaint

🇹🇼 Taiwan 1 complaint

🇹🇷 Turkey 1 complaint

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What CONNEXT says about itself as stated by the broker · not independently verified by FXCanary

Overview

Connext states it is a global CFD broker offering trading in forex, precious metals, energies, and cryptocurrencies via the MT5 platform, with leverage of up to 1:1000. According to the company, it provides a range of account types and features suited to both novice and experienced traders.

Account Types

The broker advertises several account options: Micro Accounts for small-volume traders, Ultra Accounts with a 0.6-pip spread and $6 commission per lot, No Swap Accounts for Islamic traders, and demo accounts for practice. All accounts offer high leverage up to 1:2000 (except Ultra Gold at 1:500).

Platform and Features

Connext claims to provide the MT5 platform with multi-device access, copy trading, and fast execution. The company emphasizes that its platform is user-friendly and suitable for traders of all levels, with no hidden fees or commission on certain account types.

Deposits and Withdrawals

According to the broker, deposits are processed quickly and multiple payment methods are available. The company states that withdrawals are prompt, especially in cryptocurrency, and that it prioritizes client fund security.

About CONNEXT

Who Is Connext?

Connext is a global CFD broker established on December 5, 2022, and registered as Connext LLC in Saint Vincent and the Grenadines. The company operates through an offshore regulation in Seychelles under the Financial Services Authority (FSA), holding a Derivatives Trading License. Despite its recent founding, Connext has attracted a significant user base, offering high-leverage trading across multiple asset classes.

Regulation and Safety

Connext is regulated by the Seychelles FSA under an offshore derivatives trading license. While this provides some oversight, it is considered a less stringent regulatory regime than top-tier bodies like the FCA or CySEC. The FXCanary Scam Risk Score of 45/100 (Guarded) reflects a moderate level of caution warranted by the broker's regulatory status and user feedback patterns.

Account Types and Trading Conditions

Connext offers five main account types: Ultra, No Swap, Standard, Micro, and ULTRA GOLD. All except ULTRA GOLD provide maximum leverage of 1:2000, while ULTRA GOLD caps at 1:500. Minimum deposits are $0 across all accounts, making it accessible to traders with any capital size. Spreads start from 0.6 pips on the Ultra account (with a $6 commission per lot), while other accounts have spreads from 1.2 to 1.6 pips and no commission.

Platform and Instruments

The broker exclusively uses the MetaTrader 5 (MT5) platform, which is known for its advanced charting tools, automated trading capabilities, and multi-device support. Tradable instruments include forex, precious metals, energies, and cryptocurrencies. Connext also offers copy trading, allowing less experienced traders to mirror the strategies of successful investors.

Deposits and Withdrawals

Connext does not publicly disclose its deposit and withdrawal methods in detail. However, user reviews indicate that crypto deposits and withdrawals are available and generally fast. The broker claims to process withdrawals quickly, but a notable number of negative reviews suggest delays or denial of withdrawals, particularly when profits are involved. Prospective traders should verify current methods directly with the broker.

Who Is Connext For?

Given its high leverage and low minimum deposit, Connext may appeal to retail traders looking to maximize exposure with small capital. The copy trading feature also attracts beginners. However, the broker's offshore regulation and mixed withdrawal record mean it is best suited for traders who are comfortable with higher risk and prioritize trading conditions (spreads, leverage) over regulatory certainty.

Overview compiled by FXCanary from regulatory records and public data. full CONNEXT review

CONNEXT

Regulation & licenses · 1

Account types · 5

Review analysis AI

Real user reviews clear filter ✕

Where CONNEXT operates

Similar brokers

Overview

Account Types

Platform and Features

Deposits and Withdrawals

About CONNEXT

Who Is Connext?

Regulation and Safety

Account Types and Trading Conditions

Platform and Instruments

Deposits and Withdrawals

Who Is Connext For?

Real user reviews