Score
BESTONFX
Hong Kong|2-5 years| https://www.bestonfx.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
United KingdomContact
Licenses
Licensed Institution：Beston Internet Technology Limited
License No.：31000237824049
Basic Information
Hong Kong
2-5 years Regulated in United States Financial Service MT4 Full License Global Business
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
bestonfx.com
Server Location
Palestine
Website Domain Name
bestonfx.com
Server IP
118.107.180.216
Company Summary
| 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.
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.
Keywords
- 2-5 years
- Regulated in United States
- Financial Service
- MT4 Full License
- Global Business
Review 12
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Review 12
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raz2157
Israel
when i deposit my money to them like 850$ they accept it in 3-4 minutes when i tried to deposite my money when i did a profit apparently like 1021$ i can’t to withdraw my money they spead the time and said to me i need at least 3000$ to withdraw the money doesn’t make sense and frustrating now i am waiting for review more then.a week to say to me another exuse this is just sad
Exposure
2024-06-29
T7120
Thailand
Played and got a lot of profits, couldn't withdraw, the excuse was that they used some programs, some EA, some Arbitrage, many people got hit.
Exposure
2024-02-14
Mr.Pao
Thailand
Unable to use EA even though it was working normally before
Exposure
2024-01-15
FX1733599540
Belarus
Its a fine broker, except support through emails is a little slow (you need to wait at least a day) and spreads are bad on forex minor pairs. No news, weekend or market close and open and you can get spread to 16 pips or more in my own personal trade. Dont even think about exotics... Hope this helps.
Neutral
2024-08-26
Pierre Dupont
France
BESTONFX started off smooth - easy to use and all. But the spreads could jump around like crazy, which wasn't cool. Plus, their customer service wasn't the most professional. So after two months, I decided to look elsewhere.
Neutral
2024-06-28
Logan Baker
Netherlands
Customer support is quick, but they are not professional. They don't seem to know what they're talking about, and they're not very helpful.
Neutral
2023-10-12
nN
Kazakhstan
This forex broker left me feeling frustrated and disappointed on multiple fronts: First, their trading platform was nothing short of a nightmare. It was slow, clunky, and often unresponsive. Trades I entered were frequently executed at unfavorable prices, causing losses that hit where it hurt the most – my wallet. If that wasn't enough, the slippage and spreads with BESTONFX were exasperating. It felt like I was constantly fighting an uphill battle, struggling to secure favorable entry and exit points. Lastly, their response time was in another time zone. Slow and unhelpful, they left me hanging when I needed assistance the most.
Neutral
2023-10-11
FX1678917738
Malaysia
A large range of markets, reasonable costs and good execution of orders. I find logging in a bit inconvenient because the chat pop-up interferes.
Positive
2024-05-17
Danielchan
Singapore
good good good, their service deserves 10 stars!!! 👍👍👍
Positive
2024-05-16
Michael Davies
New Zealand
Contacted by phone, answered quickly. Couldn’t immediately answer my question but they called back promptly with the solution.👍👍👍
Positive
2024-05-16
FX1523875063
Philippines
Say hello to my forex saviour – BESTONFX! The account setup process was as quick as a highway ride with their amiable customer service team leading me through it. The phrase “No Slippage” appears to be the mantra at BESTONFX. Their trading platform’s performance is simply superb. It delivers real-time data accurately and without any delay, which is crucial for quick order execution and the prevention of any slippage. Ok, i would say, if you're looking for a broker that walks the walk rather than just talking the talk, BESTONFX is the way to go.
Positive
2023-11-30
Cooperhere
South Africa
The performance of the MT4 platform offered by BESTONFX is truly excellent! It's stable and user-friendly, making it easy even for beginners. The speed of trade execution is tremendously fast, ensuring no delays that could impact trading outcomes. The availability of indicators and drawing tools for market analysis greatly enhances the trading process. Its compatibility with different operating systems and mobile availability is simply icing on the cake. I must say, BESTONFX's MT4 platform has significantly uplifted my trading experience.
Positive
2023-11-28