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BESTONFX Forex broker specializes in providing foreign exchange trading services, the company's official website https://cp.bestonfx.com/, the company's legitimate regulatory information United StatesFinCENFinancial Service,South AfricaFSCAFinancial Service Corporate, to enhance the security of the company's address 1014 Erasmus avenue, 29 Sharondale, Eldoraigne, 0157 Gauteng, South Africa..

BESTONFX Forex Broker

Basic information

Registered region
South Africa
Operating period
--
Company Name
Beston Internet Technology (Pty) Ltd
Abbreviation
BESTONFX
Company employee
--
Customer Service Email Address
support@bestonfx.com
Company website
Company address
1014 Erasmus avenue, 29 Sharondale, Eldoraigne, 0157 Gauteng, South Africa.
Keywords
2-5 years
Regulated in United States
Regulated in South Africa
Financial Service
Financial Service Corporate
MT4 Full License
MT5 Full License
Global Business
Suspicious Overrun
High potential risk

Company profile

BESTONFX Review SummaryFounded2023Registered Country/RegionThailandRegulationFinCEN, FSCAMarket InstrumentsForex, Commodities, Indexes, and CryptosDemo Account✅Leverage1:500Spread/Trading PlatformMT4Min Deposit/Customer SupportLive chatEmail: support@bestonfx.comFacebook, InstagramAddress: 111 Building A503 Praditmanutham Road, Lat Phrao, Bangkok 10230 Founded in 2023, BESTONFX is a regulated financial company registered in Thailand, offering trading in Forex, Commodities, Indexes, and Cryptos. It provides demo accounts for practice and MT4 platform for trading. BESTONFX claims to offer low spreads but provides limited info on trading conditions like min deposit, leverage, and commissions.Pros and ConsPros Cons A wide range of productsShort operation timeDemo account availableLimited info on trading conditionsMT4 platformSingle account typePopular payment optionsLive chat supportIs BESTONFX Legit? BESTONFX is regulated in both the United States by FinCEN and in South Africa by FSCA, with the appropriate licenses issued for providing financial services.Regulatory AgencyCountryCurrent StatusLicense TypeLicense NumberFinancial Crimes Enforcement Network (FinCEN)United StatesRegulatedFinancial Service31000237824049Financial Sector Conduct Authority (FSCA)South AfricaExceededFinancial Service Corporate53022 What Can I Trade on BESTONFX?Tradable Instruments Supported Forex✔Commodities✔Indexes✔Cryptocurrencies✔Stocks❌Bonds❌Options❌ETFs❌Account Type BESTONFX only provides a single standard account for live trading and a demo account for practising. The company claims to offer low spreads, however, there is limited information about trading conditions.Leverage BESTONFX offers leverage up to 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Trading PlatformTrading PlatformSupported Available Devices Suitable for MT4✔Windows, iOS, MAC, AndroidBeginnersMT5❌/Experienced tradersDeposit and Withdrawal BESTONFX supports payments through Visa, Skrill, Neteller, PromptPay, and MasterCard.

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Latest Reviews

FX1733599540

FX1733599540

Belarus

Its a fine broker, except support through emails is a little slow (you need to wait at least a day) and spreads are bad on forex minor pairs. No news, weekend or market close and open and you can get spread to 16 pips or more in my own personal trade. Dont even think about exotics... Hope this helps.

Neutral

2024-08-26

raz2157

raz2157

Israel

when i deposit my money to them like 850$ they accept it in 3-4 minutes when i tried to deposite my money when i did a profit apparently like 1021$ i can’t to withdraw my money they spead the time and said to me i need at least 3000$ to withdraw the money doesn’t make sense and frustrating now i am waiting for review more then.a week to say to me another exuse this is just sad

Exposure

2024-06-29

Pierre Dupont

Pierre Dupont

France

BESTONFX started off smooth - easy to use and all. But the spreads could jump around like crazy, which wasn't cool. Plus, their customer service wasn't the most professional. So after two months, I decided to look elsewhere.

Neutral

2024-06-28

BESTONFX Forex Broker has an overall rating of 5.72, Regulatory Index 5.87, License Index 4.29, Business Index 5.59, Software Index 9.49 Risk Control Index 0.00.