NEEX

NEEX Review: Regulation, Fees and Broker Analysis

Unclaimed profile

NEEX has a genuine-looking multi-entity structure with an identifiable ASIC-regulated Australian entity and FSC-regulated Mauritius entity.

Best forMetaTraderLow SpreadsHigh Leverage

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74

/ 100

BrokerBazaar Score

Good

Evidence-based, 0–100

Data confidence 70%

$50

Min Deposit

0.0 pips

Spreads From (indicative)

1:500

Max Retail Leverage

From $3/side per lot (ECN)

Commission

Group-level figures · Full cost schedule

Researched by
BB Team
Reviewed by
BB Team
Last verified
No recorded check yet
Next review due
Not scheduled

How we tested this broker·Meet the review team

Section 01

About

About NEEX

Company Provided

NEEX is a multi-asset broker offering forex, metals, energies and indices on MT5, with a focus on tight spreads and fast execution for retail traders.

Since NOT VERIFIED Kingstown, Saint Vincent 2 regulators listed

Expert Verdict

NEEX has a genuine-looking multi-entity structure with an identifiable ASIC-regulated Australian entity and FSC-regulated Mauritius entity. However, the South African regulatory disclosure contains a material licence/entity discrepancy that requires resolution before its FSCA claim can be treated as independently verified.

Pros

  • Tight ECN spreads
  • High leverage available
  • MT5 platform
  • Multiple funding options

Cons

  • Offshore regulation only
  • MT5 only (no MT4)
  • Limited track record

BrokerBazaar Overview

Independent

NEEX operates through several legal entities, with the Mauritius entity, Neex International Limited, identified by the company as the entity responsible for execution, custody and liquidity and holding FSC Investment Dealer licence GB20025869. Neex Prime Pty Ltd also has an ASIC AFSL of 335126, providing a stronger regulatory framework for clients contracted through that Australian entity.

Key Features

Regulated Broker
MetaTrader Platforms
NEEX

NEEX

Regulated Broker

Min Deposit$50
Max Retail Leverage1:500
Spreads (indicative)0.0 pips

External website · BrokerBazaar does not receive a trading commission from this link.

2

Platforms

NOT VERIFIED

Est. Since

2

Account Types

2+

Countries

Regulated By

FSA
SCA

Licence check: Not independently checked

Live Spreads

Not available

No live spread data from a named account is available for this broker. Figures are published only with the account type and capture time.

Independent report by BrokerBazaar Research TeamHow we rate brokers

NEEX broker analysis: regulation, fees, withdrawals and risks

Independent broker profile covering verified entities, regulation, costs, platforms, withdrawals, risks and user feedback. BrokerBazaar is not NEEX and does not operate any brokerage.

Profile ownership

Not claimed by broker

No representative of NEEX manages this page. This says nothing about its licence, and the score and regulation data are the same whether or not a profile is claimed.

Information source

Submitted by broker or compiled from public pages

Details have been recorded but not yet independently checked by BrokerBazaar.

Licence check

Not independently checked

Confirm the licence on the regulator's public register before opening an account.

Editorial review

Reviewed 2 Nov 2026

Date the BrokerBazaar research team last regenerated this analysis from the stored record.

Legal entity

Neex International Limited

Founded

NOT VERIFIED

Headquarters

Kingstown, Saint Vincent

Regulators

FSA, SCA

Minimum deposit

$50

Spreads from

0.0 pips

Commission

From $3/side per lot (ECN)

Max leverage

1:500

Platforms

MT5, NEEX App

Account types

Standard, ECN

NEEX regulation and licence table

Each row is one legal entity. Verify the licence on the official register; a company registration is not a brokerage licence.

EntityRegulatorLicenceAuthorised activityRegionLicence check
Neex (Pty) LtdFinancial Sector Conduct Authority (FSCA)49937Official register Financial Services Provider / OTC Derivative Provider — AS CLAIMED BY NEEXSouth AfricaNot independently checked
Neex International LimitedFinancial Services Commission (FSC) MauritiusGB20025869Official register Investment Dealer — Full Service Dealer, excluding UnderwritingMauritiusNot independently checked
Neex Prime Pty LtdAustralian Securities and Investments Commission (ASIC)Not statedOfficial register Australian Financial Services Licence (AFSL)AustraliaNot independently checked
Neex Global (Pty) Ltdinancial Sector Conduct Authority (FSCA)47742Official register NOT VERIFIEDSouth AfricaNot independently checked

NEEX at a glance

NEEX is a multi-asset broker offering forex, metals, energies and indices on MT5, with a focus on tight spreads and fast execution for retail traders.

NEEX reports a founding year of NOT VERIFIED and a head office in Kingstown, Saint Vincent. It lists 2 regulators and 2 trading platforms.

BrokerBazaar verdict

NEEX has a genuine-looking multi-entity structure with an identifiable ASIC-regulated Australian entity and FSC-regulated Mauritius entity. However, the South African regulatory disclosure contains a material licence/entity discrepancy that requires resolution before its FSCA claim can be treated as independently verified.

Legal entities, regulation and licences

NEEX operates through 4 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by no regulator we could map to a public register.

Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.

Countries accepted and restricted

NEEX states that it accepts clients from Saint Vincent, Comoros. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.

Trading products, platforms and account types

Instruments: Forex, Commodities, Indices, US Stock CFDs. Platforms: MT5, NEEX App. Account types: Standard, ECN.

Best-for tags assigned by our team: MetaTrader, Low Spreads, High Leverage.

Minimum deposit, spreads, commissions and other charges

The minimum deposit is $50. Spreads start from 0.0 pips and commission is From $3/side per lot (ECN). Maximum leverage is 1:500, subject to the cap of the entity that holds your account.

Swap-free / Islamic account: available (conditional). Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.

Deposits and withdrawals

Deposit methods: Visa, Mastercard, Bank Transfer, Neteller, Skrill. Withdrawal methods: Bank Transfer, Credit Card, Crypto, e-Wallets.

Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.

Execution model, negative balance protection and client money

Negative balance protection: Yes. Scalping allowed: Yes. Algorithmic trading allowed: Yes. News trading allowed: Not specified. Hedging: hedging. These conditions were compiled from public information and have not yet been confirmed by the broker.

Client-money rules follow the regulator of the entity that holds your account. Check that regulator's rules on its register.

Complaints and dispute process

Formal complaints: complaints@neex.com. Phone: +27 10 140 3074. For Neex (Pty) Ltd, formal complaints may be submitted to complaints@neex.com or by telephone at +27 10 140 3074. Complaints are acknowledged in writing within one business day with a unique reference number. Straightforward matters may be resolved within three business days. More complex complaints are investigated within 40 business days, with updates at least every 10 business days. A compliance review is completed within 15 business days. If the complaint remains unresolved after six weeks, the client may approach the FAIS Ombud.

If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.

Strengths and limitations

  • Strength: Tight ECN spreads
  • Strength: High leverage available
  • Strength: MT5 platform
  • Strength: Multiple funding options
  • Limitation: Offshore regulation only
  • Limitation: MT5 only (no MT4)
  • Limitation: Limited track record

Who this broker suits, and who it does not

NEEX is most relevant to traders looking for: MetaTrader, Low Spreads, High Leverage.

It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.

NEEX change history

Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.

No fact changes recorded for NEEX yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.

Frequently asked questions about NEEX

Data sources. Broker submission, the regulator registers linked above, web-archive and domain records, and third-party traffic data. No independent licence check date is recorded yet. External ratings: Trustpilot 2.4/5; WikiFX 8.63/10; Forex Peace Army N/A/5; Google Play Store N/A/5; Apple App Store 5/5.

Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with NEEX. How we make money. Trading leveraged products carries a high risk of loss.

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