Is FAST TRADEFX a scam?

https://www.fast-tradesfx.net/    

FAST TRADEFX raises significant concerns as it not only lacks proper licensing, but also disseminates misleading regulatory information to deceive investors.

The firm purports to be regulated by the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). However, upon verification with these regulatory bodies, it is evident that FAST TRADEFX is not registered with either of them. This discrepancy serves as a major warning sign. Furthermore, the FCA has explicitly issued a warning against FAST TRADEFX, highlighting its unlicensed status.

Given these circumstances, FAST TRADEFX cannot be considered a secure investment option due to the absence of regulatory supervision. To safeguard their interests, investors are strongly advised to avoid unlicensed entities like FAST TRADEFX and instead opt for brokers who are fully regulated.