Score
2-5 yearsSuspicious Regulatory License
White label MT4
Regional Brokers
High potential risk
Influence
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Comparison
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Exposure
Score
Regulatory Index0.00
Business Index6.66
Risk Management Index0.00
Software Index8.86
License Index0.00
Single Core
1G
40G
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Company Name
FastOne Global Financial Markets Limited
Company Abbreviation
FastOne
Platform registered country and region
Mauritius
Company website
X
Company summary
Pyramid scheme complaint
Expose
| FastOne Review Summary | |
| Founded | 2013 |
| Registered Country/Region | Mauritius |
| Regulation | FCA (Suspicious Clone) |
| Market Instruments | Forex, Metals, Cryptocurrencies, Stocks, Indices, andEnergies |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 1.2 pips (Standard account) |
| Trading Platform | MT4, MT5 |
| Minimum Deposit | $100 |
| Customer Support | Tel: +230 698 3426 |
| Email: support@fastoneglobalmarkets.com | |
FastOne, founded in 2013 and registered in Mauritius, is an online trading platform that offers CFD trading on over 200 instruments via MT4 and MT5 platforms, with leverage up to 1:500, a $100 minimum deposit for Standard accounts, and varied spread structures.
| Pros | Cons |
| MT4 and MT5 available | Suspicious clone FCA license |
| Demo accounts available | High initial deposit for gold accounts |
| Various trading products |
FastOne's regulatory status is “Suspicious Clone,” even though it claims to be regulated by the United Kingdom's Financial Conduct Authority (FCA) under license number 613381 with a Straight Through Processing (STP) license type.
| Regulatory Authority | Financial Conduct Authority (FCA) |
| Current Status | Suspicious Clone |
| Regulated by | United Kingdom |
| Licensed Entity | VIBHS Financial Ltd |
| Licensed Type | Straight Through Processing (STP) |
| Licensed Number | 613381 |
FastOne offers CFD trading on over 200 instruments, including Forex, Metals, Cryptocurrencies, Stocks, Indices, and Energies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
InvestingFox provides two types of live accounts (Standard and Gold). Demo accounts are also available.
| Account Type | Standard Account | Gold Account |
| Minimum Deposit | $100 | $1,000 |
| Leverage | Up to 1:500 | Up to 1:200 |
| Spread | All inclusive spread | Raw + $3.5 per side |
| Currency spread from 1.2 pips | Currency spread from 0 pips | |
| Gold spread from 25 cents | Gold spread from 10 cents |
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Mobile, Web | Beginners |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
FastOne requires a minimum deposit of $100 for a Standard Account. They process deposits and withdrawals within 24 to 48 hours, accepting Bank Transfers (GBP/USD/EUR/MUR), Credit Cards (Visa/MasterCard), and Skrill.
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2022-12-07 17:02
