http://www.bestfxgroup.com/
Website
MT4/5 Identification
Full License
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
7186189965
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BEST HOLDING GROUP LIMITED
BEST
United States
Pyramid scheme complaint
Expose
Capital
$(USD)
Note: BEST's official website: http://www.bestfxgroup.com/ is currently inaccessible normally.
BEST is an unregulated brokerage firm. Best Holdings Limited (BHL) is one of the pioneers in the area of the construction sector, which is significantly contributing to national infrastructure development.
BEST has built its own house of expertise in the technology exclusively to meet complex structures like Extra dozed PC Box Girder Bridge, Pre-Stress Concrete Girder Bridges, RCC Bridges, Culverts, Irrigation Projects, Roads and highways construction development and building of high rise complexes construction, Five-star Hotel Construction, Luxurious property development and other industrial establishments. The company offers Meta Trader 4 (MT4) and Meta Trader 5 platforms for trading.
![]() | National Futures Association (NFA) |
Current Status | Unauthorized |
License Type | Common Financial Service License |
License No. | 0508612 |
Licensed Institution | BEST HOLDING GROUP LIMITED |
BEST claims regulation by the National Futures Association (NFA) in the United States. However, according to the NFA, BEST's current status is “Unauthorized.”
Caution is advised when dealing with BEST. To maintain financial security and regulatory compliance, one must conduct exhaustive research and obtain expert counsel before engaging with them.
The official website of BEST Trading is currently not functioning, evoking issues with consistency and attending to customer demands.
There is very little information openly available online about BEST Trading. This deficit of transparency goes against industry standards, hampering investors' ability to make informed judgments.
While BEST asserts regulation by the NFA in the US, its claims appear to lack authorization and risk distorting the facts.
According to WikiFX, one user described how they were deceived by promises of effortless profits, but subsequent requests ultimately amounted to a financial snare, enticing them to part with money for nothing in return.
According to WikiFX, a user detailed the multi-stage pyramid scheme operated across several channels on the platform, deliberately deceiving victims with assurances of overnight wealth, as reported by BEST.
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there are two types of BEST exposure in total.
Exposure. Financial trap
Classification | Financial trap |
Date | December 22, 2023 |
Post Country | South Africa |
The user described how he was deceived by the promise of easy money, but the subsequent request turned out to be a financial trap, enticing them to hand over money without getting anything in return. You may visit: https://www.wikifx.com/en/comments/detail/Co202312223951259343.html
Exposure. Scam platform
Classification | Scam platform |
Date | December 04, 2022 |
Post Country | Hong Kong, China |
The user described the details of a multi-step Ponzi scheme that operated across social services and various private messages on the platform, designed to deceive victims and promise them easy wealth overnight. You may visit: https://www.wikifx.com/en/comments/detail/202212044422271572.html
Trading with BEST may pose security risks as they are listed as “Unauthorized” by the National Futures Association (NFA), despite their claims of regulation. It is advisable to choose regulated brokers with transparent operations to ensure the safety of your investments and compliance with legal standards. When selecting a trading platform, prioritize those supervised by recognized regulatory bodies for enhanced security and peace of mind.
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