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.
Similar Questions
Is GoDoAbbado safe and legit?
tabawan_dreamer
07-20
According to your assessment and the available reviews, how legitimate do you believe SSI is?
JV1s24K_g0ld
08-31
Is Antos Pinnacles regulated?
Shoofar
04-05
In what ways does IFX's regulatory standing help safeguard my funds?
kennis2244
08-04
In what ways does Mizuho FX's regulatory standing help safeguard my funds?
Tricia54
08-16