FastOne-Overview of Minimum Deposit, Spreads & Leverage
Abstract：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.
| FastOne Review Summary | |
| Founded | 2013 |
| Registered Country/Region | Mauritius |
| Regulation | FCA (Suspicious Clone) |
| Market Instruments | Forex, Metals, Cryptocurrencies, Stocks, Indices, andEnergies |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 1.2 pips (Standard account) |
| Trading Platform | MT4, MT5 |
| Minimum Deposit | $100 |
| Customer Support | Tel: +230 698 3426 |
| Email: support@fastoneglobalmarkets.com | |
FastOne Information
FastOne, founded in 2013 and registered in Mauritius, is an online trading platform that offers CFD trading on over 200 instruments via MT4 and MT5 platforms, with leverage up to 1:500, a $100 minimum deposit for Standard accounts, and varied spread structures.
Pros and Cons
| Pros | Cons |
| MT4 and MT5 available | Suspicious clone FCA license |
| Demo accounts available | High initial deposit for gold accounts |
| Various trading products |
Is 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 Authority | Financial Conduct Authority (FCA) |
| Current Status | Suspicious Clone |
| Regulated by | United Kingdom |
| Licensed Entity | VIBHS Financial Ltd |
| Licensed Type | Straight Through Processing (STP) |
| Licensed Number | 613381 |
What Can I Trade on FastOne?
FastOne offers CFD trading on over 200 instruments, including Forex, Metals, Cryptocurrencies, Stocks, Indices, and Energies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type & Leverage & Fees
InvestingFox provides two types of live accounts (Standard and Gold). Demo accounts are also available.
| Account Type | Standard Account | Gold Account |
| Minimum Deposit | $100 | $1,000 |
| Leverage | Up to 1:500 | Up to 1:200 |
| Spread | All inclusive spread | Raw + $3.5 per side |
| Currency spread from 1.2 pips | Currency spread from 0 pips | |
| Gold spread from 25 cents | Gold spread from 10 cents |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Mobile, Web | Beginners |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
Deposit 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 (Visa/MasterCard), and Skrill.
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