Connext: MT5 accounts, cTrader and international CFD trading

No Swap waives swaps for the first five trading days of an open trade, then charges a management fee. The account page does not quantify that fee.[3]

The LLC’s KYC policy calls for identity and address verification and ongoing transaction checks. It describes liveness/video checks and additional source-of-funds evidence as risk or funding levels increase; transactions above USD10,000 require its source-of-wealth declaration. These are published requirements, not a tested onboarding time.[21]

View full spreads & trading costs

The swap page applies overnight financing at 00:00 server time. Its percentage-rate calculation uses price, lot size, contract size and a 360-day divisor; MT5 holds the current symbol inputs. The public rate grid did not expose populated symbol rows during this review, so no current EUR/USD or gold cash-cost example is calculated.[10]

During rollover and high-impact news, new positions face caps of 1:300 for FX/gold, 1:50 for energy and 1:5 for crypto. Rollover means one hour before close through 30 minutes after open, server UTC+3; news means 15 minutes before through ten minutes after the release.[11]

Crypto has separate equity bands: 1:20 for USD0–5,000, 1:10 for USD5,001–20,000 and 1:5 above USD20,001 as printed. Check the actual setting at omitted boundaries and during temporary margin restrictions.[7]

Abusive strategies include scalping usually under five minutes, latency arbitrage and specified news/gap exploitation. Trades/profits may be reversed; repeated negative-balance abuse can incur up to 10% withdrawal fees.[2]

Displayed quotes do not always mean execution is open. During quote-only sessions, Connext says new orders and existing stop-loss/take-profit execution wait until trading hours resume. FX is advertised for weekday trading; check the symbol’s execution session, rather than relying on a moving chart.[4]

Statements are available online or on request; company records prevail.[2]

The calculator converts margin when its currency differs from the account currency. It asks for the instrument, account currency, size, leverage and trade direction. A conversion-rate input is not a published FX markup or a promise of a separate multi-currency wallet.[23]

Connext’s regulation page distinguishes its Seychelles business from the Saint Vincent company and acknowledges that Saint Vincent’s FSA does not directly regulate forex trading. Its segregation statement is a company claim: client money is said to be held apart from company assets. No private insurance policy, per-client limit or aggregate cover was established in the reviewed material.[17]

Retail deficits are covered after all positions close, subject to abuse provisions.[2]

The official-domain list names connextfx.com, connextfx.info for announcements and connextfx.promo for promotions. It recommends two-factor authentication and checking the sender’s domain. A recovery procedure, withdrawal-address allowlist and hold after changing credentials were not established by that guidance.[20]

Website support is advertised in English, Malay, Thai, Chinese, Lao and Spanish, with additional languages mentioned. These are service claims; no response-time test was performed.[19]

Complaints are due within two weeks of the disputed event. A separate rejection rule applies after 15 days, leaving day 15 unclear. Contract hours are weekdays 07:00–16:00 GMT; no emergency dealing guarantee is established.[2]

Promotions are regional and activated through the dashboard. The public promotions hub did not provide enough current offer terms to establish a cash amount, withdrawable rebate or credit-to-cash conversion. No expired campaign is carried forward as a current account benefit.[22]

The introducing-broker programme pays referral commissions linked to client trading volume, with a dashboard and sub-IB structure. It is a partner remuneration arrangement, not evidence that ordinary traders receive a fixed cash rebate.[24]

cTrader’s webview plugins can host external analytics or AI assistants. That does not establish broker-granted autonomous trading authority. Connext-specific API permission scopes, withdrawal access and revocation procedures were not established from the platform page.[13]

The company dates the brand to 2022 and identifies Simon Andras as Group CEO and Executive Director. Its international expansion description focuses on Southeast Asia and Latin America; this does not establish availability to every resident in those regions.[25]

Global exclusions include EU/EEA, US, Canadian and UK residents, plus Mongolia, Sri Lanka, Türkiye, Nicaragua, Venezuela, sanctioned jurisdictions including Russia, and FATF high-risk jurisdictions.[1]

Founded

2022, according to the company