ANSWER Dear Investor,
We do not recommend trading with Fast Forex at this time. While the platform was previously verified as holding a license from the MWALI International Services Authority (MISA), our investigation confirms that this license has currently been suspended, prohibiting the company from conducting any regulated activities. Furthermore, Fast Forex has removed all claims regarding this license from its website.
The platform now only claims that its entity, Fast Securities LLC, is registered in Saint Vincent and the Grenadines. However, please be aware that registration with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines merely grants it International Business Company (IBC) status, which does not constitute a valid financial license. Furthermore, the SVG FSA has publicly stated that it neither regulates nor licenses forex trading activities.
As Fast Forex currently operates without any valid regulation, trading with them offers no safeguards. Therefore, we strongly advise you to avoid this broker until it can demonstrate compliance with a reputable and stringent regulatory authority.
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