Fastrading-Overview of Minimum Deposit, Spreads & Leverage

General Information

The slogan of Fastrading is “Reliable, Simple, Innovative”. Fastrading presents itself as a Britain broker that provides its clients with supreme trading platforms and a range of trading assets, such as forex and CFDs on shares, commodities, cryptocurrencies and indices. It also hypes that it offers up to 400:1 leverage, a choice of six account types and 24×6 professional customer support services.

Market Instruments

Fastrading advertises that it offers various trading instruments, including CFDs on shares, indices, commodities, forex and cryptocurrencies, ETFs and Bonds.

Account Types

There are six live trading accounts offered by Fastrading, apart from demo accounts，namely Basic, Bronze, Silver, Gold, Platinum and Black. The minimum initial deposit to start a Basic account is $250, while the other four accounts require much higher initial capital, $1,000, $5,000, $10,000 and $25,000 respectively. The Black account is only for exclusive clents and more details need to contact account manager.

Leverage

In terms of trading leverage, the maximum level offered by Fastrading is quite generous, up to 400:1. Keep in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Spread is significantly affected by what type of accounts you are holding. The Silver account with Silver spreads, the Gold account with Gold spreads, and the Platinum account with Platinum spreads. More specific information about spreads and commissions is not involved directly on Fastradings website.

Trading Platform Available

When it comes to trading platforms available,Fastrading gives traders three choices: WebTrader, Mobile Trading App and Tablet Trading App. Traders don‘t need to download WebTrader, instead, directly login and then trade. Mobile Trading App is also very easy to use and it offers trading tools, notifications, one-click navigation and charting options. By contrast, as Fastrading’s website says, all the great features such as one-click trading, fantastic reporting, intuitive navigation, setting up of alerts and notifications as well as all trading tools make up the Fastrading Tablet Trading app.

Deposit & Withdrawal

You can deposit via Credit/Debit Cards like Skrill and Neteller, Bank Wire and E-money. And you will get your withdrawal via the same method you originally made your deposit in. The minimum Fastrading expects is $250. However, sometimes it runs promotions that allows new traders to deposit less than $250. While the minimum withdrawal amount for bank wire is 100 and for all other payment methods is 50.

Customer Support

Fastradings customer support can be reached through telephone: +3726682422 (International), +442080687177 (United Kingdom), +97145734630 (UAE), email: support@fastrading.com, info@fastrading.com or live chat.