Broker Review: FasTrading
Licensing and Regulation
FasTrading is a registered brokerage that welcomes traders from most countries, but the site is available in English, Russian and Arabic. It is operated by TLM Global Services LTD and maintains a corporate office in Saint Vincent and the Grenadines.
Account Management - Minimum Deposit
Traders can begin trading at FasTrading with just $250.
FasTrading uses the latest Comodo SSL encryption technology to safeguard the trading platform and client accounts, as well as guaranteeing traders highly secure segregated accounts. FasTrading encourages traders to work closely with their account managers for additional protection.
FasTrading is a registered brokerage that is available in English, Russian and Arabic, and has clients from dozens of countries worldwide. The brokerage is expanding fast and already plans to add new accounts types to the six kinds of trader accounts that are currently available. traders can also try out the platform with a demo account. There are enough assets to satisfy professional traders, with an excellent choice of forex, cryptos, stocks, commodities and indices. FasTrading provides effective 24/6 customer service and has some talented and enthusiastic account managers who are ready to answer traders questions on any subject. The FasTrading platform is packed with useful high tech trading tools, including price alerts, news feeds, risk management tools and a convenient social trading feature.
FasTrading uses a custom-designed trading platform that is simple enough to allow both beginners and pro traders to explore all assets and markets, but is flexible enough to satisfy professional level traders who want to use sophisticated trading strategies. All traders can explore all the FasTrading trading experience with a demo account. The platform offers all the alerts, trading reports, live charts, indicators and trading tools that are necessary for successful investing and has a useful social trading feature. Traders can also take advantage of up to x200 leverage on most assets and have fixed spreads and real time market pricing.
Markets, Assets and Products
FasTrading provides pretty much all of the world’s most regularly traded assets, drawing on the US, UK, EU and Asia. There are hundreds of financial instruments from each of the major asset classes (forex, commodities, cryptocurrencies, stocks, and indices). New assets are added to the FasTrading platform whenever they are available to trade on the markets.
A broker’s attitude to trader education is a good test of whether they are serious about building a lifelong relationship with their clients. FasTrading understands the importance of giving traders top quality educational resources and has a well designed education center that can help people of all experience levels to develop new trading strategies and try new markets. Check out the eBooks, VOD trading films and other resources. We recommend talking to your account manager about how to improve your financial knowledge with FasTrading.
Customer Service and Support
Customer service at FasTrading is effective and fast. The reps understand that English may be a second language for many clients and are genuinely patient and helpful. Their professional knowledge of the trading platform and account management systems is excellent, offering full support and allowing for an easy and convenient withdrawals process. Traders can contact customer service 24/6 by phone, email and chat.
We were generally very impressed by the FasTrading platform and particularly liked the social trading feature. Copying other traders gives you a great new way to trade and find new trading opportunities on the markets. We also liked the price alerts, news feeds, trading reports from the platform, fixed spreads, real time trading and risk management tools. FasTrading clearly has access to some top level technology and they know how to use it. Although FasTrading doesn’t currently offer MT4/5, we found that their custom designed platform is ideal for most traders.
At a Glance
PLUS: FasTrading is focused on providing a secure and dynamic trading experience. They have some good technology and an intelligent design concept that makes trading fast and convenient. There are enough assets to satisfy the average trader and the overall trading experience is low cost, completely transparent and generally satisfying.
MINUS: FasTrading doesn’t accept traders from the US and Canada. They are also not particularly interested in launching special promotions or deals. Most serious traders will prefer to focus on the platform and will not be interested in promotions anyway.