Bestopex-Overview of Minimum Deposit, Spreads & Leverage

General Information

Bestopex is a wholly owned subsidiary of Bestopex Group, founded in the UK in 2017, a financial technology company.

Market Instruments

Tradable financial instruments available on the Bestopex platform include forex currency pairs, precious metals, Futures, Securities, as well as CFDs products.

Minimum Deposit

There are three trading accounts on offer in total: Classic (STP), VIP and ECN accounts. The minimum initial deposit for starting a basic requirement is only $100, while the requirement soars to $5,000 and $10,000 respectively.

Leverage

Bestopex offers the dynamic trading leverage, varying from 1:1 to 1:400, leverage up to 1:400 for forex trading, 1:100 for precious metals.

Spreads & Commissions

Spreads offered by Bestopex is super wide, as per its official website. For the Classic account, the spread on the EUR/USD pair is 13, GBP/USD 14, EUR/GBP pair 18. Spreads offered by the ECN account is much narrower, but still wider than most brokers offerings, the spread on the EUR/USD pair is around 4, GBP/USD 6.

Trading Platform

What Bestopex offers its traders is the White Label MT4 trading platform, available for PC and Mobile devices. Bestopex advertises that its MT4 trading platform with a lot of advanced features like real-time variety quotation monitoring, charts and sale reports, automated trading system, allowing hedging transactions, multi account management, real-time quotes.

Deposit & Withdrawal

When it comes to deposit & withdrawal payment methods, Bestopex does not make this part clear. In most cases, most brokers support Credit/Debit card (VISA, MasterCard, Maestro), Wire transfer, Skrill and Neteller for traders to fund their accounts.

Customer Support

Bestopex has several offices in different cities, including Canada, England, Dubai, Hong Kong, Vietnam. The Bestopex customer support team can be reached through email: upport@bestopex.com, telephone: 0823833588, and telegram: +84 823833588.