Wikilix
Licence record

FSA licence SD244

Holder
Connect Financials
Jurisdiction
Seychelles
Last checked
Aug 15, 2026

This is Wikilix's record of a licence issued by The Seychelles Financial Services Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Sep 10, 2026

Licence Verification Record

The Seychelles Financial Services Authority SD244

Wikilix read the FSA register on Aug 15, 2026. This is what it said.

Issuing authority
The Seychelles Financial Services Authority
Holder
Connect Financials Ltd
Jurisdiction
Seychelles
Register status
Listed as a licensed Securities Dealer; the register listing does not show licence numbers or dates

Checked Aug 15, 2026

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/licenses/the-seychelles-financial-services-authority/connect-financials/sd244Fields on file 7 / 11

Open Connect FinancialsAbout FSA
Our check
Checked

What we checked

We found this licence on the issuing authority's own register.

Wikilix check
Confirmed on the register
Authority strength
Tier 3
Jurisdiction
Seychelles
Last checked
Aug 15, 2026
Register says
Listed as a licensed Securities Dealer; the register listing does not show licence numbers or dates

Finding

A Securities Dealer licence issued under the Seychelles Securities Act, permitting the firm to deal in securities and hold client funds. We found Connect Financials Ltd on the authority's own Securities Dealer register, with the address, telephone number, email and website all matching this operation. The register listing does not display licence numbers, so we confirmed the entity and its licensed status rather than the specific number SD244 that the broker quotes. Client protection: Low. Offshore supervision with no investor compensation scheme and no realistic route to recover client money through the regulator..

Exhibit

Register screenshot, captured Aug 15, 2026
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
SD244
Register status
Listed as a licensed Securities Dealer; the register listing does not show licence numbers or dates
The authority

About FSA

The Seychelles Financial Services Authority is the authority that issued this licence, and the jurisdiction it applies in is Seychelles.

Full name
The Seychelles Financial Services Authority
Jurisdiction
Seychelles
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
2013
Oversight
A government or statutory body
Firms we track under it
143 firms
Regulates
Stocks, Fund
Licences it issues
Securities Dealer – Principal & Agency
Typical cost of a licence
USD 10000-20000
Public register
Searchable by the public
Transparency
Low

FSA is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

FSA's own rules for the firms it authorises.

  • No compensation scheme
  • Complaints routeFSA Enquiries
  • Maximum leverage1:1000
This describes the authority's regime, not how Connect Financials applies it.
The holder

Who holds this licence

The licence above is recorded against Connect Financials. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
Connect Financials Ltd
Based in
Seychelles
Wikilix score
29.0the firm’s overall score, not a rating of this licence

Wikilix records Connect Financials as having no regulation on file. That is a finding about the firm, not about this licence — the register’s own wording above is what states this entry’s standing.

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • Connect Financials LtdSeychelles
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Official source
The issuing authority’s registerPublished by the authority, not by Wikilix.
Last checked by Wikilix
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Evidence held
A screenshot of the register entry is on file.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions

The site asserts segregated client accounts, negative balance protection and FSCS protection. FSCS is the United Kingdom's compensation scheme and would not cover a Seychelles or Comoros entity, so that claim is unsupportable as published. No custodian bank, audit or insurance document is provided for the segregation claim either.

WIKILIX has not established fraud, and there is no confirmed pattern of withdrawal denial on the record. What we did establish is that the broker cannot support its own regulatory claims, contradicts itself on regulator, licence number, head office, client numbers and instrument count, and publishes no verifiable company registration. That is a high-risk, unverified profile rather than a proven scam, and it is not a profile that justifies trusting the firm with money you cannot afford to lose.

The About page claims the brand has operated since 2015 and cites more than ten years of service. WIKILIX found nothing that corroborates that, and the operating footprint we could observe is far shorter. Treat the 2015 founding claim as unverified.

By live chat on the website, which the broker describes as available 24 hours a day, five days a week, by email at info@connectfinancials.com or support@connectfinancials.com, or by telephone on +357 22250435. Public English and Arabic channels are also maintained on WhatsApp, Telegram, TikTok, Facebook, Instagram and LinkedIn.

The site states that Connect Financials Ltd does not offer contracts for difference to residents of certain jurisdictions including the USA, Iran, Turkey and Canada. No other restrictions are published.

Yes, swap-free trading is advertised on the Raw account tier, described as including Islamic support and religious compliance. No documentation of the swap-free terms or any administration fee is published.

The broker does not state a withdrawal processing time. Its payment page covers deposits only. With no confirmed regulator, there is also no external complaints or compensation route if a withdrawal is delayed or refused.

Five channels are listed: Visa, Mastercard, the Whish Payment wallet, USDT on TRC20 or ERC20, and bank transfer. Card and wallet deposits are described as instant and free of charge, USDT as one to ten minutes with network fees, and bank transfer as one to three business days with possible bank charges. Withdrawal fees, limits and processing times are not published at all, which is a material gap given the regulatory position.

The Raw account advertises spreads from 0.5 pips on a commission-based model, while the Standard and Plus accounts advertise spreads from 1 pip with, respectively, medium and low commissions. The homepage separately advertises spreads from 0.01 pips and a commission-free structure, which contradicts the account table. No per-lot commission figure and no swap schedule are published anywhere on the site.

The Tradable Assets page advertises around 200 instruments: 65 or more forex pairs, 25 or more commodities, 15 or more indices and 20 or more cryptocurrencies. Note that the About page separately claims access to more than 5,000 instruments, which the asset breakdown does not support.

MetaTrader 5 only. The site links the MetaQuotes Google Play and App Store listings for the mobile app but publishes no server names, no desktop installer and no web terminal link of its own, so a prospective client cannot confirm the platform connection before opening an account.

A maximum of 1:100, applied uniformly across the Standard, Raw, Plus and demo accounts.

100 USD on all three live account tiers, Standard, Raw and Plus. The demo account requires no deposit and is funded with 10,000 USD of virtual money.

The site names Connect Financials Ltd as the operating company, described on the About page as registered in Seychelles at 302, House of Francis, Ile du Port, English River, Mahe. No company registration number is published, no directors or beneficial owners are named, and the company could not be located on a public official registry. A search of the Cyprus companies register returned no company of this name, and no Legal Entity Identifier exists for it.

No supervision could be confirmed. The broker's own website makes two conflicting claims: the footer and About page say Connect Financials Ltd holds Seychelles Financial Services Authority licence SD244, while the Trading Accounts page says the regulator is the Comoros Financial Services Authority under licence HY00523008. Neither claim could be confirmed, and a site that names two different regulators for the same company has not shown it is supervised by either. Treat Connect Financials as unregulated for practical purposes.

Licence SD244 was issued by The Seychelles Financial Services Authority (FSA), the financial authority for Seychelles.
Connect Financials holds this FSA licence. A licence on record means the authority published an entry; it is not an endorsement.
We located this entry on the FSA register. Note that confirming a register ENTRY is not the same as confirming a live licence — the register’s own wording on this page is what states its current standing.
Wikilix rates FSA tier 3. Supervision is lighter-touch and client protections vary.
Yes, FSA is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
This page links straight to the FSA register. Search it for SD244, and for the name Connect Financials rather than the trading brand.
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