Since its launch in 2012, Fastrading, an online retail broker, has provided traders from across the globe unhindered to several financial markets. The broker is based in Kingstown, Saint Vincent and the Grenadines and operates using the STP execution model, which offers quick access to the interbank markets. Their clients can trade forex, shares, indices, commodities, bonds, cryptocurrencies, and other trading instruments through a proprietary trading platform. There are various educational resources on the broker’s website to assist traders. The broker’s clients benefit from competitive trading conditions, including multiple account options, zero commissions, multiple payment methods, and more. The minimum deposit required to start trading is $250, and leverage of up to 1:200 is available.
Fastrading Review Introduction
In this Fastrading review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
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Fastrading Platforms & Tools
At Fastrading, all trading activities are executed on the broker’s proprietary trading platform. The platform is designed to suit beginners and advanced traders alike, thanks to its user-friendly interface. It allows users to trade the financial market of their choice. Fastrading makes its proprietary trading platform available as a WebTrader that runs directly on most modern web browsers — Chrome, Firefox, Edge, and Safari — and as a mobile app that is designed for tablets and mobile devices running on Android and iOS. The mobile app allows users to place trades and check trading positions even while on the go, provided there is an internet connection.
Some essential standalone trading tools are available to make up for those that are lacking in the provided trading platform. These useful trading tools include an economic calendar, daily signals, calculators, and more.
Fastrading Research & Education
The broker makes available a plethora of learning resources on its website. These educational resources aim to improve clients’ trading skills, and they include the following: webinars, video courses, FAQs, daily analysis videos, e-books, glossaries, and financial news that keeps traders up-to-date with the latest happenings in the financial markets.
Fastrading Trading Accounts
The following trading account options are available at Fastrading: Basic ($250), Bronze ($1,000), Silver ($5,000), Gold ($10,000), Platinum ($25,000), and Black Accounts. The broker provides traders with a demo account; it helps amateur traders to familiarize themselves with the broker’s platforms before opening a live trading account. Advanced traders can use the demo account to test their strategies before implementing them on the live account.
Fastrading Account Funding
Account deposits and withdrawals at Fastrading are processed using the following payment methods: bank wire transfer, credit/debit cards, and some online payment processors. The duration of the transactions is mainly dependent on the payment method in use.
Fastrading Customer Service
Fastrading clients are provided with a knowledgeable client support team who are available 24/6 to offer trading assistance to clients. The support team can be contacted through telephone, email, Live Chat, and online form.
Fastrading is a trading name of TLM Global Services Limited, a company registered in Saint Vincent and the Grenadines with the registration number: 26034 BC 2020. But there is no regulatory information on the broker’s website at the moment.
Fastrading Review Summary
Operating from Saint Vincent and the Grenadines, Fastrading is an STP retail broker that provides traders with a proprietary trading platform to ensure easy access to various financial markets. They provide traders with the right resources — educational materials, helpful trading tools, a 24/6 customer support team, and more — to ensure a seamless trading process. The broker’s other essential features include multiple trading account types, zero commissions, low variable spreads, and more. There is no regulatory information on the broker’s website at the moment.
It is worth mentioning that some of the trading products and services in this Fastrading review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Fastrading broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. As a result, a large percentage of retail investor accounts lose money when trading CFDs with this provider. It would help if you considered whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.