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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

FasFx Trade

United States United States | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.fasfxtrade.com/

Website

Rating Index

Contact

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

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United States
Operating Period
5-10 years
Company Name
FasFx Trade
Contact Number
+13047167031
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • fasfxtrade.com
    194.59.164.32
    Server Location
    Germany Germany
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review 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.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Can FasFx Trade be considered a credible broker?

Based on its operational and regulatory profile, FasFx Trade carries significant credibility concerns. The entity operates from the United States without any valid forex trading licenses, placing it outside recognized regulatory frameworks. A WikiFX Score of 1.51 reflects this fundamental lack of oversight, which is a critical factor for fund security and dispute resolution. No trading or account terms are publicly disclosed, further obscuring its operational transparency. The absence of regulatory authorization in its jurisdiction is a key consideration for any trader assessing credibility.

04-02
United States

Is FasFx Trade regulated?

No, FasFx Trade is not regulated. According to WikiFX data, the broker holds no valid licenses from major financial authorities. It operates without oversight from any credible regulatory body, which is a defining characteristic of its risk profile.

04-02
United States

When was FasFx Trade established?

The broker has an operational history of 5 to 10 years. However, a precise founding date is not publicly disclosed by the company.

04-02
United States

Apa yang dimaksud dengan situs broker kloning?

Situs broker kloning adalah situs yang meniru informasi broker resmi untuk menyesatkan investor agar melakukan penyetoran dana. Situs tersebut biasanya menyalin nama merek, desain halaman, bahkan informasi regulasi. Ciri umum meliputi domain yang sangat mirip dengan situs resmi, informasi kontak yang sulit diverifikasi, serta penawaran keuntungan yang tidak wajar. Setelah dana masuk ke platform seperti ini, biasanya sulit untuk dipulihkan. Disarankan untuk memverifikasi domain resmi dan informasi regulasi serta menggunakan WikiFX sebagai referensi tambahan.

Three days ago

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

¿Cómo comparar diferentes brókers de forma eficaz?

Para comparar diferentes brókers, los inversores pueden evaluar factores como la situación regulatoria, la puntuación integral, el entorno de trading, las condiciones de cuenta y los comentarios de usuarios. Se recomienda priorizar la verificación del estado regulatorio y las licencias, seguida del análisis de la puntuación WikiFX y sus distintos índices. La herramienta de comparación multidimensional de WikiFX permite realizar evaluaciones más estructuradas y eficientes.

Three days ago

¿Cómo determinar si un bróker está regulado?

Para determinar si un bróker está regulado, es fundamental verificar si posee una licencia financiera válida. Los inversores pueden comprobar el número de licencia y su estado en los sitios web oficiales de organismos supervisores como la Financial Conduct Authority (FCA) o la Australian Securities and Investments Commission (ASIC) para confirmar su autenticidad y vigencia. También debe tenerse en cuenta que algunos brókers pueden incurrir en clonación de licencias o prestación de servicios fuera de las jurisdicciones autorizadas, lo que implica riesgos adicionales. Según los datos de WikiFX, el estado regulatorio, los registros históricos y la puntuación de riesgo pueden utilizarse como referencia complementaria.

Three days ago

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States
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