BestonFX

BESTONFX | 2024-12-24 15:22

abstrak：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	No Regulation
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 an unregulated financial companyregistered 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	No regulation
MT4 platform	Single account type
Popular payment options	Limited info on trading conditions
Live chat support

Is BESTONFX Legit?

Currently, BESTONFX operates without proper regulatory oversight. The domain for this entity was registered on January 11, 2023, and it is locked with restrictions on deletion, renewal, transfer, and updates by the client. We advise you to look for regulated brokers instead.

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.