FastFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-04-01 14:53

Abstract：FastFX is registered in the UK and was founded in 2017. It mainly provides Forex, Metals, Cryptocurrencies to traders, in addition to providing 3 kinds of accounts, no swap fees, no commission for withdrawals and deposits. Currently, the brokerage is unregulated.

FastFXReview Summary
Founded	2017
Registered Country/Region	United Kingdom
Regulation	No regulation
Market Instruments	ForexMetalsCryptocurrencies
Demo Account	❌
Leverage	Up to 1:200
Spread	1.5 pips
Trading Platform	VERTEX TRADER
Min Deposit	$50
Customer Support	Phone: +44 169 027 0009+44 141 846 1515
	Email: info@myfastfx.comsupport@myfastfx.com
	Social Media: Facebook, Twitter, Instagram
	Physical Address: 321-323 High Road, Chadwell Heath, Essex RM6 6AX. United KingdomIntershore Chambers, Road Town, Tortola, BVI

FastFX Information

　　FastFX is registered in the UK and was founded in 2017. It mainly provides Forex, Metals, Cryptocurrencies to traders, in addition to providing 3 kinds of accounts, no swap fees, no commission for withdrawals and deposits. Currently, the brokerage is unregulated.

Pros and Cons

Pros	Cons
No swap	No regulation
Zero commission on funds/withdrawals	MT4/5 is not supported

Is FastFX Legit?

　　FastFX's website was registered in 2017. However, it is currently unregulated.

What Can I Trade on FastFX?

　　The trading instruments provided by FastFX are mainly foreign exchange, metal and cryptocurrency.

Tradable Instruments	Supported
Forex	✔
Metals	✔
Cryptocurrencies	✔
Indices	❌
Stocks	❌
Bonds	❌
ETF	❌

Account Types

　　FastFX has 3 types of accounts for traders to choose from, MINI Account, STANDARD Account and ECN Account. Among them, the minimum deposit requirement is $50, the highest can reach $5,000; Leverage is up to 1:500.

　　In addition, this broker also supports Islamic accounts.

FastFX Fees

　　The maximum spread of the three accounts ranges from 1.0 to 2.0, and the commission ranges from $0.5 per side to $5 per side. In addition, none of them charge swap fees.