@emhy
There is a known issue with Deco, where wireless Satellite Deco strongly prefers to connect to Main Deco. TP-Link started to release firmware with ability for user to overwrite that, but there is no such firmware for Deco X60 yet.
1. I wired the Main DECO1 to DECO2, 3 & 4 respectively. I expect the speeds are about the same. When I do a speed test near Main Deco, it is double or triple than the other DECOs. Any idea why?
The speed should be the same. Check if your Satellite Deco do use Ethernet link to Main Deco, and not WiFi. If they use WiFi even if Ethernet wired, see this document: General questions about Ethernet Backhaul feature on your Deco
2. I am using the Bell Fibe 1.5 internet. Can i do an access point set up? (see below).
You can, as long as Bell provided you with the router/gateway. See How to set up Deco to work in Access Point mode
If i set up this, Is it true i can just use Bell's network? and I don't need to set up a new network name. Will each DECOs extends Bell's WIFI?
In Access Point mode, Deco will keep providing its own WiFi under SSID/password you configured in Deco app. Deco mesh will not extend Bell WiFi signal.
What is Pros and Cons for this?
This document may help: What’s the difference between Access Point mode and Router mode on the Deco?