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Fast Fx

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Operating status: SCAM

Website: https://myfastfx.com/

Broker violations and abnormal records
  • 2021-07-11 BrokersView has reviewed that Fast Fx is an unregulated forex broker

    Fast Fx claims to be operated by Fast FX Trading Technologies Limited with a registered address in the British Virgin Islands. It also states its compliance with all rules & regulations of an international business company, under the company act of BVI. However, we did not find any matching results when checking on the British Virgin Islands Financial Services Commission (BVI FSC). So Fast Fx is not overseen by any financial regulators. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

    Fast Fx claims to be operated by Fast FX Trading Technologies Limited with a registered address in the British Virgin Islands. It also states its compliance with all rules & regulations of an international business company, under the company act of BVI. However, we did not find any matching results when checking on the British Virgin Islands Financial Services Commission (BVI FSC). So Fast Fx is not overseen by any financial regulators. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

Related Complaints

Q&A

Is this registration number (Registration No:12926824) on Fast FX legit and up to date?

Nill
Germany
2022-04-28
ANSWER Fast Fx is an unauthorized broker and should be avoided at all events. Fast Fx claims to be operated by Fast FX Trading Technologies Limited with a registered address in the British Virgin Islands. It also states its compliance with all rules & regulations of an international business company, under the company act of BVI. However, we did not find any matching results when checking on the British Virgin Islands Financial Services Commission (BVI FSC). The truth is, Fast Fx is not overseen by any financial regulators. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it is a scam broker.We would recommend traders stay away from Fast Fx and any other unregulated brokers, since they are not subject to necessary laws and principles of operation, resulting in a high risk to trade with them.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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