What Account Types and Fees Does FAST TRADE Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Cent Account |
Beginners transitioning from demo trading |
Trading in cent lots for lower risk |
Ideal for small-capital practice |
| Pro Account |
Experienced traders |
Ultra-low spreads, flexible trading conditions |
Maximum total trade size of 60 Standard lots |
| Premium Account |
Retail traders seeking swap-free options |
No minimum deposit, no commission |
Market execution with ultra-low spreads starting from 1.2 pips |
Account Opening Process
To open an account with FAST TRADE, you will need to follow a straightforward process. First, submit your personal information, including your name, contact details, and date of birth. Next, provide employment and financial information to assess your trading experience and risk profile. Identity verification is required, which includes submitting a government-issued ID and proof of address. Once these steps are completed, you can gain access to your account. Additionally, there is flexibility to upgrade to a professional account later if your trading needs evolve.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
From 1.2 |
$0 |
Competitive spreads for popular pairs |
| Forex (Minor Pairs) |
From 1.2 |
$0 |
Similar competitive structure |
| CFDs (Stocks, Indices, Commodities) |
Varies |
$0 |
Transparent pricing |
| Cryptocurrencies |
Varies |
0.1% |
Dependent on market conditions |
Other Fees
FAST TRADE may charge various fees related to account management and trading activities. These can include deposit and withdrawal fees, which may apply depending on the payment method used. Inactivity fees can be incurred if your account remains dormant for an extended period. Additionally, there may be platform usage fees associated with the trading platforms, along with overnight interest (swap rates) for positions held overnight. Currency conversion fees may also apply when trading in different currencies.
