Global Broker Regulation Inquiry App
WikiFX
Karoline Hardy 
1-2 years
What are the pros and cons of Connext Forex’s regulation?
Broker Issues
Regulation
06-15
United States
WikiFX
Reply
The pros are that Connext Forex is regulated by the FSA, which gives some oversight, and they offer a variety of trading instruments. The cons are the offshore regulation and the lack of proof of FCA regulation despite their claims. As a trader, this makes me cautious about the risks when using Connext Forex for trading large amounts.
Similar Questions
What drawbacks should I consider when using Naito Securities?
Solotim
07-26
Given your reviews and assessment, how credible do you believe CHINA SECURITIES to be?
Allan777
09-06
Can I trust KGI Asia as a reliable and secure broker for trading?
Solotim
05-01
What makes JRFX safe or risky for trading?
Tom Rossito - Toronto
07-02
Is TD Markets legit and trustworthy?
Eziol
08-19