FastOne Forex Broker

FastOne Review SummaryFounded2013Registered Country/RegionMauritiusRegulationFCA (Suspicious Clone)Market InstrumentsForex, Metals, Cryptocurrencies, Stocks, Indices, and EnergiesDemo Account✅LeverageUp to 1:500SpreadStarting from 0 pipTrading PlatformMT4/MT5Minimum Deposit$100Customer Supportsupport@fastoneglobalmarkets.com+230 698 3426FastOne Information FastOne, founded in 2013 and registered in Mauritius, is an online trading platform that offers CFD trading on over 200 instruments via MT4/MT5, with leverage up to 1:500, a $100 minimum deposit for Standard accounts, and varied spread structures.Pros and ConsProsConsMT4/MT5 availableSuspicious clone licenseDemo account availableHigh initial deposit for gold accountsVarious trading productsVarying fee structureSpread as low as 0 pipIs FastOne Legit? FastOne's regulatory status is “Suspicious Clone,” even though it claims to be regulated by the United Kingdom's Financial Conduct Authority (FCA) under license number 613381 with a Straight Through Processing (STP) license type.Regulatory StatusSuspicious CloneRegulated byUnited KingdomLicensed InstitutionThe Financial Conduct Authority (FCA)Licensed TypeStraight Through Processing (STP)Licensed Number613381What Can I Trade on FastOne? FastOne offers CFD trading on over 200 instruments, including Forex, Metals, Cryptocurrencies, Stocks, Indices, and Energies.Tradable InstrumentsSupportedForex✔Metals✔Stocks✔Indices✔Cryptocurrencies✔Energies✔Bonds❌Options❌ETFs❌Account Type InvestingFox provides two types of live accounts (Standard and Gold). A demo account is also available.Standard AccountGold AccountMinimum Deposit$100$1,000LeverageUp to 1:500Up to 1:200SpreadAll inclusive spreadRaw + $3.5 per sideCurrency spread from 1.2 pipsCurrency spread from 0 pipGold spread from 25 centsGold spread from 10 centsLeverage FastOne offers leverage up to 1:500 for its Standard Account and up to 1:200 for its Gold Account.FastOne Fees Standard accounts have an all-inclusive spread with currency spreads from 1.2 pips and gold spreads from 25 cents, while Gold accounts incur raw spreads plus a $3.5 per side charge, with currency spreads from 0 pip and gold spreads from 10 cents.Standard AccountGold AccountSpreadAll inclusive spreadRaw + $3.5 per sideCurrency spread from 1.2 pipsCurrency spread from 0 pipGold spread from 25 centsGold spread from 10 centsTrading PlatformTrading PlatformSupportedAvailable DevicesSuitable forMT4✔Desktop, Mobile, WebBeginnersMT5✔Desktop, Mobile, WebExperienced tradersDeposit and Withdrawal FastOne requires a minimum deposit of $100 for a Standard Account. They process deposits and withdrawals within 24 to 48 hours, accepting Bank Transfers (GBP/USD/EUR/MUR), Credit Cards, and Skrill, with the processing time potentially extended for enhanced Due Diligence.