FinCENUnited StatesTier 1Licence number
31000237824049
View licence record- Licence holder
- Held by bestonFX
- Licence type and regime
- Financial Service
Not checkedUpdated
At a glance
Regulation on record for bestonFX
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 2
- Issuing authorities
- 2
- From tier-1 or tier-2 authorities
- 2
- Found on an official register
- 0
bestonFX has 2 licences on record with Wikilix, issued by 2 authorities across 2 jurisdictions. 2 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for bestonFX, strongest authority first.
2 records
- FinCENUnited StatesTier 1
FSCASouth AfricaTier 2Licence number
53022
View licence record- Licence holder
- Held by bestonFX
- Licence type and regime
- Financial Service Corporate
- Offshore
Not checkedUpdated
Protection
What this licence protects
FinCEN's own rules for the firms it authorises.
- No complaints route
- Maximum leverageVaries by firm / local rules
Frequently Asked Questions
Questions about the licences held by bestonFX
Answered from the register entries on this page.
Most Popular Questions
bestonFX provides customer support via email at support@bestonfx.tech and offers live chat during business hours. Phone support is available at (+21) 010 018 9820. Support is offered in English.
bestonFX offers leverage up to 500:1, but the exact leverage available varies by firm and local regulations. The FSCA-regulated license indicates a maximum leverage of 30:1 for South African clients.
The minimum deposit amount for opening an account with bestonFX is 300 USD. Some funding methods have their own minimums, such as 10 USD for Skrill and Neteller, and 100 USD for bank transfers.
bestonFX supports deposits and withdrawals via Visa/Mastercard, Skrill, Neteller, PromptPay (Thailand only), and bank transfer. Deposit processing is typically instant for e-wallets and cards, while withdrawals may take 1-5 business days depending on the method. Verification is required for all funding methods.
bestonFX is registered with the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Crimes Enforcement Network (FinCEN) in the United States. The FSCA license covers multiple financial instruments including Forex and CFDs, with client fund insurance up to ZAR 500,000. However, WIKILIX classifies bestonFX as a suspicious clone, indicating caution is advised.
bestonFX has 2 licence records with Wikilix, issued by 2 authorities across 2 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
bestonFX holds licence records issued by FinCEN, FSCA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
2 of the licence records held by bestonFX come from tier-1 or tier-2 authorities (1 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 2 licence records held by bestonFX has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
bestonFX has licence records in United States, South Africa. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.