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Abstract:FASTWIN is an online forex broker claimed to be registered in Vanuatu. However, according to reports, this broker has a disreputable historical record. What does this broker look like? Can FASTWIN make you win indeed?
About FASTWIN
FASTWIN, also called FASTWIN MARKETS LIMITED is an online forex broker. This broker has experience of fewer than two years. It was registered in Vanuatu. The physical address for this broker is Lex Malcolm Fitness, Level 2, 136 Broadway, Newmarket, Auckland, 1023, NZ. We dont know much information about its leverage, spread, and account types as the website of this broker cannot be opened.
Regulation: Is FASTWIN legit?
We dont know who owns this broker, but we do know that FASTWIN is not regulated by any regulatory institution. According to WikiFX, the VanuatuVFSC regulation with license number: 40452 claimed by this broker is suspected to be a clone. This broker pretends it to be regulated. You need to be aware of the risks. Besides, WikiFX has given this broker a fairly low rating of 1.15/10.
A disreputable broker
Many scam brokers are likely to create a lot of new platforms and websites, they changed their names very often. Because they think they can erase the complaints on their old platforms by switching to the new platform. They use the new-established website to lure victims to fall into their traps.
Complaints
On WikiFX, the Exposure consists of feedback from traders. A bad track record of brokers can be checked via Exposure. WikiFXs Exposure function helps you get feedback from other traders and remind you of the risks before it starts.
Below are the exposures that we received from the victims.
In addition, the victims claimed that this broker does not allow clients to withdraw and even asked the victims for extra fees. This is a typical scam and you should avoid it as soon as you can.
Conclusion
Let's go back to the question: Can FASTWIN make you win indeed? Of course not, by investing in FASTWIN you will lose even faster! WikiFX contains details of more than 40,000 global forex brokers, which gives you a huge advantage when seeking the best forex brokers. If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP for free through this link below (https://www.wikifx.com/en/download.html). Running well in both the Android and IOS systems, the WikiFX APP offers you the easiest and most convenient way to seek the brokers you are curious about.
Click on FASTWIN' WikiFX page for details
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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