Brokers  /  COINFASTTRADES

COINFASTTRADES

High riskForex / CFD broker
🇬🇧 United Kingdom · 1-2 years · since 2025-01-02 · COINFASTTRADES
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.29/10
Trustpilot/5
Forex Peace Army/5
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No sign that COINFASTTRADES actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
56
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 18 months old
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age7215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameCOINFASTTRADES
Headquarters🇬🇧 United Kingdom
Founded2025-01-02
Years operating1-2 years
Employees0
Official websitecoinfasttrades.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
DIAMOND--$1000----
GOLD--$500----
SILVER-- $200----
STARTER--$20----

Review analysis AI

COINFASTTRADES is an unregulated broker with limited transparency and a recent incorporation date. The lack of regulatory oversight, combined with a vague business model mixing forex and cloud mining, presents elevated risks. The FXCanary Scam Risk Score of 56/100 reflects these concerns, and traders should exercise extreme caution before engaging.

Best for
  • Investors comfortable with unregulated brokers
  • Those looking for low minimum deposit entry ($20)
Not for
  • Risk-averse traders
  • Investors seeking regulatory protection
  • Traders requiring transparent trading conditions
Period:

Real user reviews

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What COINFASTTRADES says about itself as stated by the broker · not independently verified by FXCanary

Company Registration & Business Model

According to the broker’s FAQ page, COINFASTTRADES claims to be registered in the United Kingdom as 'Coinfasttrades'. The website states that it earns profits for its members through involvement in Forex Trading and also cloud Mining, which it says enables the company to earn Bitcoins without mining hardware, software, electricity, or bandwidth.

Account Types and Minimum Deposits

The broker offers four account tiers: DIAMOND (minimum deposit $1,000), GOLD ($500), SILVER ($200), and STARTER ($20). No maximum leverage figures are provided on the site. The accounts appear designed to cater to different investment levels.

Registration Process

The website provides a straightforward signup process via a 'Register New Account' button or 'Sign Up' link. Users fill in required information to create an account. The platform also has a member login area for existing users.

Platform and Services

The site homepage describes COINFASTTRADES as a platform to 'Secure your financial life with our great platform!' It highlights features such as affiliates and support pages, but does not specify trading platforms, instruments, or withdrawal methods.

About COINFASTTRADES

Overview

COINFASTTRADES is an online trading and investment platform that presents itself as a UK-registered entity involved in forex trading and cryptocurrency cloud mining. The broker was established in early 2025, according to corporate records, though its website displays a copyright date of 2021—a discrepancy that may raise questions about its operational history. The platform targets individual investors with a tiered account structure and promises returns from both forex markets and bitcoin mining.

Regulation and Licensing

Our review has identified that COINFASTTRADES does not hold any regulatory licences from major financial authorities such as the FCA, CySEC, or ASIC. The absence of regulatory oversight is a significant factor for traders to consider, as it means the broker is not subject to standard investor protection schemes, capital adequacy requirements, or dispute resolution mechanisms. While the broker claims to be registered in the UK, company registration alone does not equate to financial regulation.

Account Types and Minimum Deposits

COINFASTTRADES offers four account tiers: DIAMOND (minimum deposit $1,000), GOLD ($500), SILVER ($200), and STARTER ($20). These accounts do not specify maximum leverage or detailed trading conditions on the website. The tiered structure suggests the broker aims to attract a range of investors from small retail participants to those with larger capital.

Trading Instruments and Platforms

The broker's website mentions forex trading and cloud mining as profit-generating activities, but it does not list specific instruments such as currency pairs, commodities, or indices. Similarly, no information is provided about trading platforms (e.g., MetaTrader 4/5, web trader) or mobile app availability. This lack of detail makes it difficult for potential clients to assess the broker's offerings.

Funding and Withdrawal

Details on deposit and withdrawal methods are not clearly outlined on the website. The platform does not disclose accepted payment methods, processing times, or any fees associated with transactions. Transparency in this area is crucial for traders to understand how they can fund their accounts and access their funds.

Client Suitability

Given its unregulated status and limited public information, COINFASTTRADES appears to be aimed at speculative investors who are willing to accept high risk. The broker is not suitable for risk-averse traders or those who require regulatory protections. Beginners should exercise caution, as the absence of leverage details and trading conditions increases uncertainty.

Company Background

Corporate records indicate that COINFASTTRADES was founded on January 2, 2025, in the United Kingdom. The website's FAQ claims the company is registered, but no registration number or verifying link is provided. The copyright date of 2021 on the site contradicts the foundation date, which may indicate a template-based website or a previous iteration of the business.

Overview compiled by FXCanary from regulatory records and public data. full COINFASTTRADES review