Global Broker Regulation Inquiry App
WikiFX
Davis Wu 
1-2 years
Is Connext Forex a regulated broker?
Broker Issues
Regulation
07-27
United States
WikiFX
Reply
Connext Forex is regulated by the Seychelles Financial Services Authority (FSA) under license number SD155, which is an offshore regulation. While this provides some legitimacy, I find the lack of higher-tier regulatory oversight concerning. I prefer trading with brokers that are regulated by top authorities like FCA or CYSEC. This offshore status makes me cautious, especially with larger investments.
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