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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
Founded2017
Registered Country/RegionUnited Kingdom
RegulationNo regulation
Market InstrumentsForexMetalsCryptocurrencies
Demo Account❌
LeverageUp to 1:200
Spread1.5 pips
Trading PlatformVERTEX TRADER
Min Deposit$50
Customer SupportPhone: +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.

FastFX Information

Pros and Cons

Pros Cons
No swapNo regulation
Zero commission on funds/withdrawalsMT4/5 is not supported

Is FastFX Legit?

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

Is FastFX Legit?
Is FastFX Legit?

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❌
What Can I Trade on FastFX?

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.

Account Types

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.

Trading Platform

  FastFX offers a trading platform called VERTEX TRADER, which allows traders to use both desktop and mobile.

Trading PlatformSupported Available Devices Suitable for
VERTEX TRADER✔Desktop, MobileAll traders
MT4❌
MT5❌
Trading Platform

Deposit and Withdrawal

  There are 4 ways to withdraw and deposit money in FastFX: Skrill, VISA, Mastercard and Bitcoin. The minimum deposit required is $100.

Deposit and Withdrawal

  

Related broker

No Regulation
FastFX
Company name:FASTFX LTD.
Score
1.57
Website:https://www.myfastfx.com
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.57

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