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Fast Trader

Operating status: SCAM

Website: https://fasttrader.ltd/

Broker violations and abnormal records
  • Feb 02, 2023 The Securities Commission Malaysia (SC) Added Fast Trader into Its Investor Alert List

    In 2022, the Securities Commission Malaysia (SC) issued a warning against Fast Trader that this firm is carrying on unlicensed capital market activities of dealing in securities. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list

    In 2022, the Securities Commission Malaysia (SC) issued a warning against Fast Trader that this firm is carrying on unlicensed capital market activities of dealing in securities. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list
  • Feb 02, 2023 BrokersView has Reviewed that Fast Trader is an Unregulated Broker

    Fast Trader claims to be an investment or stock trading company that was founded in 2016 and is present in almost all countries in the world. But when we checked its domain, we found it was created in 2022. So how could it start its business in 2016? It is a red flag here.

    Besides, Fast Trader shows its company address is in Kuala Lumpur, Malaysia. However, we did not find any match results to this broker in the Labuan Financial Services Authority (Labuan FSA), the financial regulatory authority in Malaysia. More importantly, the Securities Commission Malaysia (SC) issued a warning against Fast Trader that this firm is carrying on unlicensed capital market activities dealing in securities.

    The truth is, Fast Trader is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

    Fast Trader claims to be an investment or stock trading company that was founded in 2016 and is present in almost all countries in the world. But when we checked its domain, we found it was created in 2022. So how could it start its business in 2016? It is a red flag here.Besides, Fast Trader shows its company address is in Kuala Lumpur, Malaysia. However, we did not find any match results to this broker in the Labuan Financial Services Authority (Labuan FSA), the financial regulatory authority in Malaysia. More importantly, the Securities Commission Malaysia (SC) issued a warning against Fast Trader that this firm is carrying on unlicensed capital market activities dealing in securities.The truth is, Fast Trader is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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