BestonFX

WikiFX | 2025-02-05 18:23

Abstract：Founded in 2023, BESTONFX is an unregulated 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.

BESTONFX Review Summary
Founded	2023
Registered Country/Region	Thailand
Regulation	FinCEN, FSCA
Market Instruments	Forex, Commodities, Indexes, and Cryptos
Demo Account	✅
Leverage	1:500
Spread	/
Trading Platform	MT4
Min Deposit	/
Customer Support	Live chat
	Email: support@bestonfx.com
	Facebook, Instagram
	Address: 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 Cons

Pros	Cons
A wide range of products	Short operation time
Demo account available	Limited info on trading conditions
MT4 platform	Single account type
Popular payment options
Live chat support

Is 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 Agency	Country	Current Status	License Type	License Number
Financial Crimes Enforcement Network (FinCEN)	United States	Regulated	Financial Service	31000237824049
Financial Sector Conduct Authority (FSCA)	South Africa	Exceeded	Financial Service Corporate	53022

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 Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Windows, iOS, MAC, Android	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

BESTONFX supports payments through Visa, Skrill, Neteller, PromptPay, and MasterCard.

Leverage Broker Dealer

Related broker

Domestic Regulation

BESTONFX

Company name：Beston Internet Technology (Pty) Ltd

Score

5.74

Website：https://bestonfx.tech/

2-5 years | Regulated in United States | Regulated in South Africa | Financial Service

Score

5.74

10 Best MUST- READ Books on Forex Trading

Traders neglect the basic education about the forex market and end up losing money. It is one of the common mistakes they do. It is unsaid rule that If you're enter in the jungle of forex, you must read, learn, and understand before you start trading. In this article, you'll get to know about the books on forex trading that you must read.

Original 2025-07-30 19:52

Inefex: Mastering the Art of Duping Forex Investors

Fallen prey to high-return promises made by Inefex through social media and other platforms? Facing constant pressure from it to deposit funds despite consistent losses in trade? Most probably, Inefex has scammed you like many others. The constant foul play in its operation has been grabbing attention on forex broker review platforms. Check out some of their reviews.

Original 2025-07-30 19:48

Which Currency Pairs are Most Commonly Traded in India?

Currency pairs play a crucial role in forex trading. To effectively participate in the forex market, it's important to understand which currency pairs are most relevant in your country. For traders in India, knowing the actively traded currency pairs is essential.

Original 2025-07-30 18:31

Fortrade: A Closer Look at Its Licenses

When selecting a broker, understanding its regulatory standing is an important part of assessing overall reliability. For traders seeking to protect their capital, ensuring that a platform operates under recognised and stringent oversight can make all the difference. Keep reading to learn more about Fortrade and its licenses.

Original 2025-07-30 17:50