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 are the advantages and disadvantages of AAAFx’s regulation?
edgeisedge
06-13
Is River Prime a legit broker?
J Forex Trader
07-22
What are the disadvantages of trading with PhillipCapital?
Arnold Joseph
05-27
Can I trust Firstrade as a reliable and secure broker for my trading activities?
Tom Rossito - Toronto
08-29
Is Mahadana Asta Berjangka a safe and legit broker?
Mohammed Mazhar
07-25