Betensh Financial LTD Spreads, leverage, minimum deposit Revealed

Risk Warning

　　There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

　　The information presented in this article is intended solely for reference purposes.

General Information & Regulation

　　Incorporated on 9th September 2021, Betensh Financial LTD is an online financial provider offering a series of trading instruments to its retail and professional clients.

　　Betensh Financial LTD is an active Private Limited Company, with a registered office address based in South Croydon. This company holds the license of Crypto-License authorized by the Financial Crimes Enforcement Network (FinCEN), with License Number: 31000217660963.

　　Here is the home page of this brokers official site:

　　Note: The screenshot date is February 10, 2023. WikiFX gives dynamic scores, which will update in real-time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

Market Instruments

　　Betensh Financial LTD advertises that it offers access to a wide range of trading instruments in financial markets, including Forex, CFDs, Crude oil, Precious metals, Index, and digital currencies.

　　Forex (Foreign Exchange):Forex, also known as foreign exchange or currency trading, refers to the global decentralized market where participants can buy, sell, and exchange currencies. It is the largest and most liquid financial market in the world. Forex trading involves speculating on the value of one currency against another, aiming to profit from fluctuations in exchange rates. For example, a trader might buy euros and sell US dollars if they believe the euro will strengthen against the dollar. The exchange rates in the forex market are influenced by various factors such as economic indicators, geopolitical events, and market sentiment.

　　Crude Oil:Crude oil is a naturally occurring, unrefined petroleum product that serves as the basis for various energy products. It is a highly valued commodity and one of the most actively traded assets in the financial markets. Crude oil is primarily used to produce gasoline, diesel fuel, jet fuel, heating oil, and other petroleum products. In financial markets, crude oil is traded as a commodity, and its price is influenced by factors such as global supply and demand dynamics, geopolitical tensions, weather conditions, and economic indicators. Traders can speculate on the price of crude oil through various instruments, including futures contracts, options, and CFDs.

　　Precious Metals:Precious metals are naturally occurring rare metals that have high economic value. The most commonly traded precious metals are gold, silver, platinum, and palladium. These metals are considered valuable due to their scarcity, durability, and use in various industries, including jewelry, electronics, and dentistry. Precious metals also serve as a store of value and are often seen as safe-haven assets during times of economic uncertainty. In financial markets, precious metals can be traded through futures contracts, options, exchange-traded funds (ETFs), and CFDs. The prices of precious metals are influenced by factors such as supply and demand dynamics, economic conditions, geopolitical events, and investor sentiment.

　　Index:In financial markets, an index is a statistical measure that represents the performance of a specific group of stocks or other financial assets. It provides a snapshot of the overall price movement and performance of the underlying assets in the index. Indices are often used as benchmarks to gauge the performance of a particular sector, market, or economy. Examples of well-known indices include the S&P 500, Dow Jones Industrial Average (DJIA), NASDAQ Composite, and FTSE 100. Traders and investors can speculate on the price movement of an index through various financial instruments, including futures contracts, options, ETFs, and CFDs. Index prices are influenced by the performance of the individual assets within the index and other market factors such as economic data, corporate earnings, and investor sentiment.

Trading Platform

　　They utilize the MetaTrader 5 trading platform, providing options for access via iPhone, Android, and PC, allowing clients to trade anytime, anywhere.

　　The MT5 platform, also known as MetaTrader 5, is a popular and widely used trading platform in the financial markets. It was developed by MetaQuotes Software and is the successor to the previous version, MetaTrader 4 (MT4).

　　MT5 provides a comprehensive set of tools and features for trading various financial instruments, including currencies, stocks, commodities, and indices. It is favored by traders and brokers for its advanced capabilities, flexibility, and user-friendly interface.

Deposit and Withdrawl

　　Betensh Financial LTD provides a convenient deposit and withdrawal process, supporting multiple deposit channels like UnionPay and USDT, promising fast transaction speeds and a T+1 type system ensuring that the account will be credited within two working days.

Management and Ownership

　　The director of the company is Panpan Xue, a Chinese national, who was appointed on the day of incorporation and also holds between 75% and 100% of the company's shares. Yunma Tianlong International Consulting Co., Limited is the current secretary of the company, appointed on the same day.

Customer Service

　　Betensh Financial LTD places a significant emphasis on customer service. They maintain a professional customer service team to assist with any issues or inquiries regarding the use of their trading platform or transaction problems. Customers can reach out to them via their global customer service line and Google chat.

Financial Status

　　Despite being in operation for over a year, the company's financial status is classified as “dormant”. As of September 30, 2022, Betensh Financial Ltd's total assets were reported to be £500,000, with no liabilities, leading to net assets of £500,000.

Analysis and Assessment

　　Betensh Financial LTD shows promise with its variety of trading products and use of a reliable trading platform like MetaTrader 5. Their focus on customer service is also a strength, suggesting that they value their clients' experience.

　　However, there are potential areas of concern. The company's dormant financial status, although not necessarily a negative aspect, might raise questions about its ongoing business activities. The lack of publicly available information regarding their regulatory status, account types, deposit methods, leverage, and spreads and fees makes it challenging to fully assess the company's offering and compare it with other financial service providers.

Conclusion

　　Overall, Betensh Financial LTD presents a mixed picture. It has a broad range of trading products, uses a popular trading platform, and prioritizes customer service. However, the lack of available information on key aspects such as regulation and financial status could be potential areas of concern for investors. It is advisable for potential clients or investors to seek additional information or clarification from the company regarding these aspects.

FAQs

　　What types of financial trading products does Betensh Financial LTD offer？Betensh Financial LTD offers a variety of financial trading products, including foreign exchange, stock indices, and various Contracts for Difference (CFDs).

　　Which trading platform does Betensh Financial LTD use？The company utilizes the MetaTrader 5 trading platform, which is accessible via iPhone, Android, and PC.

　　Who owns and manages Betensh Financial LTD？The company's director is Panpan Xue, a Chinese national, who also holds between 75% and 100% of the company's shares. The current secretary of the company is Yunma Tianlong International Consulting Co., Limited.

　　What is the financial status of Betensh Financial LTD？As of the latest reports, Betensh Financial LTD's status is classified as “dormant,” with total assets reported to be £500,000, and no liabilities.

　　How can I reach out to Betensh Financial LTD for customer service？You can reach out to Betensh Financial LTD's customer service team via their global customer service line or Google chat. The company places a significant emphasis on customer service, aiming to assist with any issues or inquiries regarding the use of their trading platform or transaction problems.

Pros & Cons

Frequently Asked Questions (FAQs)