After reviewing Fast Trader, we assess it as a high-risk, likely fraudulent broker. Below we break down exactly why, and what your options are if you have already deposited.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is Fast Trader?
On the surface, Fast Trader looks like an ordinary forex and crypto broker. Its public site is presented at https://fasttrader.ltd/. But surface impressions are exactly what these operations rely on — the substance behind Fast Trader is where the problems begin.
Is Fast Trader regulated?
We could find no evidence that Fast Trader holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.
Red flags we identified
- No verifiable licence from a recognised financial regulator
- Account dashboards that show “gains” with no real market exposure
- Offshore or shell-company registration used to avoid oversight
- Opaque or anonymous corporate ownership
- Unrealistic profit claims and pressure to deposit more
Our analysis
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
Can you recover money lost to Fast Trader?
If you have deposited with Fast Trader, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.
Were you scammed by Fast Trader?
You may still have options. Our team can trace where your funds went and tell you honestly whether recovery is realistic — with a free, confidential case review.
Start a free recovery review →Warning: never pay an upfront fee to anyone “guaranteeing” recovery. Cleverecovery does not guarantee outcomes.