Global Broker Regulation Inquiry App
WikiFX
Darren Ross 
1-2 years
Does FastOne have any cons?
Broker Issues
Regulation
07-30
United States
WikiFX
Reply
The biggest con for me is the "Unverified" FCA regulatory status. Without proper regulation, I’m uncertain about the safety of my funds. Another downside is the wide spread, especially with the EUR/USD spread starting at 2.6 pips on the Silver account, which is quite high for me. Lastly, the minimum deposit for the Gold account is €1,000, which could be a barrier for new traders like myself.
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