Company Information

Get to know BestRate

BestRate, operated by Bestrate Invest Ltd, is an online trading broker headquartered in Limassol, Cyprus. The company provides retail and professional clients with access to trade Contracts for Difference (CFDs) across a variety of asset classes, including foreign exchange, global indices, precious metals, and energies. Its stated mission is to offer competitive trading conditions, such as low spreads and fast execution, through the popular MetaTrader 5 trading platform. The company is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), operating within the European Union's MiFID II regulatory framework.

Industry

Forex Retail BrokerPRIMARY
Financial Other Service

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BestRate

United States

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.