BestonFX

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

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?

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

Deposit and Withdrawal

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