FastBrokers Review

FastBrokers Review by professional Forex trading experts the “” FX trading team, Finding out everything you need to know about the broker is in this FastBrokers Review.

FastBrokers Review

FastBrokers offers a single forex trading account with ECN style execution, competitive variable spreads, and leverage up to 1:50.

In addition, FastBrokers offers swap-free accounts to investors of Islamic belief. Account management, joint and corporate accounts are also available with this broker.

The Company. Security of funds

Company Country Regulation
Fast Trading Services, LLC US NFA, CFTC

Located in Glendale, California, USA, FastBrokers is an Independent Introducing Broker (IIB), that has been in business since 2005. It offers trading in 46 currency pairs and more than 600 futures and options on futures across 16 exchanges.

FastBrokers market and promote agency execution. As an IB, they are not a counterparty to their clients’ trades, however, the clearing parties they introduce accounts to, may offer different trading and execution styles.

Behind the brand is Fast Trading Services, LLC, a company registered as an Independent IB with the US Commodity Futures Trading Commission (CFTC). As required by the US law, it is also a member of the National Futures Association (NFA).

Although the US regulation is considered as one of the best in terms of client protection, the strict regulatory rules are limiting from both traders’ and broker’s point of view.

First of all, Brokers that are registered with the NFA are required to maintain a net capital of at least $20 million to guarantee customers’ positions, which is the highest minimum capital requirement worldwide.

Furthermore, hedging is not allowed and leverage is capped to 1:50, while most European brokers are free to provide leverages up to 1:1000 (or higher).

Trading conditions

Minimum initial deposit

The minimum initial deposit required by FastBrokers is pretty high, amounting t0 $2000. In comparison, one may open an account with major US forex broker FXCM for just $50.

Spread and Commission

The cost of trading with FastBrokers is low and competitive: spread averaged 0.3 pips for the EUR/USD and a commission below $3 round trip. So, average trading costs per lot are around 0.9 pips, while most brokers provide spreads within the range of 1.0 – 1.5 pips for this pair.


As we have already explained, this broker offers leverage up to 1:50, in compliance with US applicable US law.

Trading platforms

FastBrokers offers its clients two basic trading platforms: its in-house PathFinder Trader & and the popular MetaTrader 4.

An award-winning trading platform, Pathfinder Trader features many advanced tools that can help you achieve your trading goals. Designed as a flexible front-end capable to connect simultaneously to multiple data and execution streams, the system can be deployed either as an ultra-low latency system or internet application. Orders that can be executed via one click feature or through automated strategies are processed by the data manager API and directed to the corresponding API without using server bridges, thus eliminating layers of latency.

Advanced charting package features 13 different high definition data-visualization types, and multiple designs.

However, PathFinder Trader works only on Microsoft Windows based systems.

If you prefer the good old MetaTrader 4 (MT4), it is also supported by this broker.

Payment methods

Clients of FastBrokers may use bank wire transfer, as well as debit/credit cards as payment methods.

FastBrokers is a well-regulated US Introducing broker with more than 10 years of experience in the financial markets sector. It offers competitive conditions for trading in forex and related products, as well as access to a number of exchanges.

The Broker is not a safe forex broker, Instead you can use Plus500, XM, eToro, Fxpro or AvaTrade forex brokers.

FastBrokers Review Conclusion

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