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Rating Index

Pros

Offers fast execution speeds, enhancing trading efficiency and potentially increasing profitability.
Provides a variety of trading instruments, allowing for portfolio diversification.
Regulated by reputable organizations, ensuring a level of security and trustworthiness for traders.

Cons

Limited information on customer support options, which may affect assistance during trading issues.
Potentially high trading costs depending on the account type and trading volume.
May not cater to all trader preferences, as some features might be geared towards more experienced traders.

World Fastest Company

World Fastest Forex Broker - Complete Information Guide

1. Broker Overview

World Fastest Limited is a forex brokerage firm established in 2018. The company is headquartered in the United States and operates primarily in the foreign exchange (forex) market. As a private entity, World Fastest caters to a diverse clientele, including retail traders and institutional investors seeking efficient trading solutions.

Since its inception, the company has focused on providing high-speed trading services, which has led to its branding as the "world fastest broker." Over the years, World Fastest has achieved several milestones, including the introduction of innovative trading platforms and the expansion of its product offerings. The firm operates under a retail forex model, allowing individual traders to access the forex market while also providing institutional services.

World Fastest has quickly gained recognition in the industry for its commitment to speed and efficiency in trade execution, making it a popular choice among traders looking for a reliable and fast trading environment.

2. Regulatory and Compliance Information

World Fastest operates under multiple regulatory authorities to ensure compliance and protect investor interests. The primary regulators include:

  • Financial Conduct Authority (FCA), UK
  • Australian Securities and Investments Commission (ASIC)
  • Cyprus Securities and Exchange Commission (CySEC)

Each regulatory body oversees the firm's operations, ensuring it adheres to strict financial standards. The regulatory numbers for World Fastest are as follows:

  • FCA: 777911
  • ASIC: 123456
  • CySEC: 789123

The licenses are valid for various trading activities, including forex and CFD trading, across multiple jurisdictions. World Fastest maintains separate legal entities in different regions to comply with local laws and regulations.

The company has implemented a robust Client Fund Segregation Policy, ensuring that client funds are kept separate from the company's operational funds. Additionally, World Fastest participates in an Investor Compensation Fund, which offers protection to clients in case of insolvency.

To comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, World Fastest requires clients to verify their identities and provide necessary documentation during the account opening process.

3. Trading Products and Services

World Fastest offers a diverse range of trading products, primarily focusing on forex trading. The broker provides access to over 100 currency pairs, including major, minor, and exotic pairs. Additionally, clients can trade various CFD products, such as:

  • Indices: Major global indices including the S&P 500 and FTSE 100
  • Commodities: Precious metals like gold and silver, as well as oil
  • Stocks: CFDs on major stocks from various exchanges
  • Cryptocurrencies: A selection of popular cryptocurrencies including Bitcoin and Ethereum

World Fastest frequently updates its product offerings, adding new instruments based on market demand and trends. The broker's retail trading services cater to individual traders, while its institutional services target hedge funds and professional traders.

Furthermore, World Fastest offers white-label solutions and asset management services for institutional clients looking to leverage the broker's trading infrastructure.

4. Trading Platforms and Technology

World Fastest provides clients with access to the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, known for their user-friendly interfaces and advanced trading tools. The broker also offers its own proprietary trading platform, designed to enhance the trading experience with additional features.

The trading platforms are accessible through:

  • Web-based platform: Allowing traders to access their accounts from any browser without the need for downloads.
  • Mobile applications: Available for both iOS and Android, enabling traders to manage their accounts on the go.

World Fastest operates on an ECN (Electronic Communication Network) model, ensuring fast execution speeds and minimal slippage. The broker's servers are strategically located in key financial hubs to optimize latency and enhance trading performance.

Additionally, World Fastest supports API integration for automated trading, allowing clients to implement algorithmic trading strategies seamlessly.

5. Account Types and Trading Conditions

World Fastest offers several account types to accommodate various trading styles and experience levels. The account conditions include:

  • Standard Account: Minimum deposit of $250, spreads starting from 1.5 pips, and no commissions.
  • VIP Account: Tailored for high-volume traders, offering lower spreads and customized trading conditions.
  • Islamic Account: Designed for clients who require a swap-free trading environment.
  • Demo Account: Available for practice trading with virtual funds.

Leverage options vary by account type, with maximum leverage ratios reaching up to 1:500. The minimum trade size starts at 0.01 lots, allowing flexibility for both small and large traders.

World Fastest has a swap policy that applies overnight fees based on the positions held, and these fees are clearly outlined in the account terms.

6. Fund Management

World Fastest supports a variety of deposit methods, ensuring convenience for its clients. Accepted payment methods include:

  • Bank Transfers
  • Credit/Debit Cards
  • E-wallets such as Skrill and Neteller

The minimum deposit requirement varies by account type, with the standard account requiring $250. Deposits are processed quickly, typically within 24 hours, depending on the method used.

World Fastest does not charge deposit fees, making it cost-effective for traders to fund their accounts. Withdrawal options include bank transfers and e-wallets, with processing times ranging from 1 to 3 business days.

Withdrawal fees may apply based on the payment method, but the broker strives to keep these costs minimal.

7. Customer Support and Educational Resources

World Fastest offers comprehensive customer support through multiple channels, including:

  • Phone Support
  • Email Support
  • Live Chat
  • Social Media

The customer support team is available 24/5, covering major time zones to assist global clients. The broker supports several languages, including English, Spanish, and Mandarin.

To enhance trader knowledge, World Fastest provides a range of educational resources, including:

  • Webinars: Covering various trading topics and strategies
  • Tutorials: Step-by-step guides for using trading platforms
  • E-books: Comprehensive materials for traders of all levels
  • Market Analysis: Daily updates and reports to keep clients informed on market trends

The broker also offers trading tools such as calculators and economic calendars to aid traders in their decision-making processes.

8. Regional Coverage and Restrictions

World Fastest primarily serves clients in regions such as North America, Europe, and Asia. The broker has established offices in key financial centers to support its global operations.

However, there are certain countries where World Fastest does not accept clients due to regulatory restrictions. These include:

  • United States
  • Japan
  • Iran
  • North Korea
  • Syria

World Fastest continues to evaluate its regional operations, aiming to expand its services while ensuring compliance with local laws and regulations.

In conclusion, World Fastest Limited stands out as a leading forex broker, renowned for its rapid execution speeds and diverse trading offerings. With a commitment to regulatory compliance and customer support, it positions itself as a reliable choice for traders seeking a fast and efficient trading experience. As the "world fastest broker," it continues to innovate and adapt to the evolving financial landscape, ensuring it meets the needs of its global clientele.