Neex

Neex, a CFD and Forex broker regulated in South Africa and Mauritius

Neex is a global financial brokerage brand specialising in contracts for difference (CFDs) and foreign exchange (Forex). The entity Neex (Pty) Ltd, incorporated in South Africa under registration number 2017/388557/07, is authorised by the Financial Sector Conduct Authority (FSCA) as a financial services provider with FSP licence number 49937. Execution, custody and liquidity are provided by Neex International Limited, regulated by the Financial Services Commission (FSC) of Mauritius as an Investment Dealer (Full Service Dealer, excluding Underwriting) under licence GB20025869. The group also includes Neex Limited, incorporated in Saint Lucia under registration 2024-00263.

The firm presents itself as an internationally regulated broker and notes that its founding team brings over 50 years of combined experience in global financial markets, with management having worked across four continents.

Markets and instruments available

The platform provides access to more than 100 tradable products from a single account. The catalogue is organised into several blocks:

• Forex: more than 60 currency pairs with leverage up to 1:500.
• Commodities: speculation on the volatility of products such as gold, silver and oil.
• Indices: trading of global indices with reduced margin requirements.
• Stocks: shares from the United States, Europe and Hong Kong.

Account types and trading conditions

Neex offers two main account types, denominated in USD, EUR or GBP, in addition to demo and live accounts. The Standard account allows trading more than 100 instruments, fast market execution and multiple order types, with spreads from 1.2 pips on EURUSD and a minimum deposit of 50 dollars. The Premium account adds execution with bank, brokerage and client liquidity, spreads from 0.0 pips on EURUSD and a minimum deposit of 500 dollars.

The company highlights minimal or zero commissions, tight spreads and trade execution in milliseconds via servers located in London, New York, Tokyo and Singapore.

Security of funds and risk management

Client funds are held in segregated accounts at Tier One banks, separate from the company's operating capital. Neex states that it applies a risk management strategy and fraud prevention measures, and that it carries out thorough transaction verifications to confirm that requests come from the primary beneficiary of the account.

Platforms, deposits and withdrawals

The service is provided through MetaTrader 4 and MetaTrader 5. The company offers multiple deposit methods, a full transaction history and states that it applies no hidden fees or additional commissions. Customer support is available 24 hours a day, every day, in multiple languages.

Partnership programmes

Neex develops partnership programmes aimed at generating income for partners and companies. The options include Introducing Brokers (IB), CopyTrade and PAMM Partnership, with specific marketing guidelines.

Group structure and jurisdictional restrictions

Neex® is a global brand used by several entities within the Neex Group. The assignment of each user to a specific entity depends on their residence, the type of product and regulatory requirements, and each company operates independently in accordance with its local obligations. The group warns that the presence of an entity on the site does not imply regulatory passporting or equivalence between authorities.

Group entities may restrict products and services to residents or citizens of certain jurisdictions, including the United States and Canada, depending on applicable legislation and compliance requirements.

Warning about leveraged products

The company itself warns that CFDs and Forex are leveraged products with a high risk of rapid capital loss and may not be suitable for all investors. Potential profit or loss is directly linked to market price fluctuations, so it recommends assessing investment objectives, experience, financial situation and risk tolerance before trading.

Offices and locations

Main office: 35 Fricker Road, Illovo, Sandton, Johannesburg, Gauteng, 2196, South Africa · Phone: +27 63 665 2106

Office 2: 14 Poudriere Street, 10th Floor Sterling Tower, Port-Louis, Mauritius

Saint Lucia office: Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, P.O. Box 838, Castries, Saint Lucia