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