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/10

FasFx Trade

United States|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.fasfxtrade.com/

Website

Rating Index

Contact

+1 3047167031
https://www.fasfxtrade.com/

Licenses

No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away! 2
Previous Detection : 2024-07-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

FasFx Trade · WikiFX Survey

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FasFx Trade · Company Summary

General Information & Regulation

General Information & Regulation

FasFx Trade is allegedly a forex and CFD broker registered in the United States that claims to provide its clients with over 100 tradable assets on the web-based trading platform, as well as 24/7 live chat support service. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that FasFx Trade does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.29/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

FasFx Trade advertises that it offers access to more than trading 100 assets in financial markets, including forex, CFDs, binary options and bitcoin mining.

Account Types

There is no demo account offered by FasFx Trade and the smallest account requires a minimum initial deposit amount of up to $1000. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Trading Platform Available

The platform available for trading at FasFx Trade is web-based. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

FasFx Trade seems to accept deposits and withdrawals via credit card and bank transfers. The minimum initial deposit requirement to open the smallest account is as high as $1,000, while the minimum withdrawal amount is 50 units in your selected currency unless less than this amount remains in your account. In this case, you may make a final withdrawal of the remainder of your funds.

Customer Support

FasFx Trade‘s customer support can be reached by telephone: +1 9095002318, email: support@fasfxtrade.com or live chat. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Broker Information

Company Name

FasFx Trade

Abbreviation

FasFx Trade

Regulatory Status

No Regulation

Platform registered country and region

United States

Company website
Phone of the company
  • +1 3047167031

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Company Summary

User Reviews

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Rony89602
more than one year
Unfortunately, FasFX does not provide demo accounts, which is the main reason I did not choose this broker. Although it says that I can contact an account manager to help me, I get used to using demo accounts at the very first.
2023-03-06 12:22
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