What is BestFxWorld.us?
BestFxWorld.us is a financial services company that provides online trading services to retail and institutional clients. The company was founded in 2007 by two former bankers, and is headquartered in New York City. BestFxWorld.us offers a suite of online trading platforms and tools, as well as access to the global currency markets. The company is regulated by the US Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA).
Is BestFxWorld.us a Legit Brokerage Firm?
If you’re looking for a reliable and legitimate online broker, you may have come across BestFxWorld.us. But is this brokerage firm actually legit? Here’s what we found out.
BestFxWorld.us is an online broker that offers forex and CFD trading. The company is based in the Marshall Islands and is regulated by the Marshall Islands Financial Services Authority (MIFSA). bestfxworld.us is also a member of the Financial Commission, an independent dispute resolution organization for forex and binary options brokers.
The broker offers two account types – Standard and ECN Zero – as well as a demo account so that traders can try out the platform before committing to a real money account. Both account types offer leverage of up to 1:500 and access to over 50 currency pairs, metals, indices, cryptocurrencies, and stocks.
ECN Zero accounts are commission-free, but there is a $6 per lot round turn fee. Standard accounts have spreads from 1 pip, but there is no commission fee. Both account types have a minimum deposit requirement of $250.
BestFxWorld.us uses the MetaTrader4 (MT4) platform which is available as a desktop application, webtrader, or mobile app. The MT4 platform is one of the most popular trading platforms available and offers advanced charting tools, a wide range of technical indicators, and expert advisors (EAs).
One thing to
Does BestFxWorld.us Accept USA Traders?
Yes, BestFxWorld.us accepts USA traders. All you need to do is create an account and deposit funds. You can then start trading forex, CFDs, and commodities on the website. The minimum deposit is $250 and the leverage is 1:200.
What Are the Pros and Cons of Trading with BestFxWorld.us?
When it comes to online trading, there are a lot of different platforms and brokers to choose from. So, how do you know if BestFxWorld.us is the right one for you? In this review, we’ll take a look at the pros and cons of trading with BestFxWorld.us so that you can make an informed decision.
Pros:
– BestFxWorld.us is a regulated broker that is compliant with all applicable laws and regulations.
– BestFxWorld.us offers a wide range of financial instruments to trade including forex, CFDs, and cryptocurrencies.
– BestFxWorld.us provides its traders with access to powerful trading platforms and tools such as MetaTrader 4 and 5, as well as a mobile trading app.
– BestFxWorld.us offers competitive spreads and leverage ratios.
Cons:
– BestFxWorld.us does not currently accept clients from the United States.
Conclusion
All in all, BestFxWorld.us is a decent forex broker. They are regulated by the NFA and offer a good selection of currency pairs and CFDs to trade. The spreads are reasonable, and they do accept USA traders. However, there have been some complaints about customer service, so this is something to keep in mind if you decide to open an account with them.