myfastbroker.com Review – Scam or Legit Broker? UK Warning Guide

Online trading is booming, and with it comes an unfortunate rise in unregulated broker platforms claiming to offer investors high returns, sophisticated tools, and fast withdrawals. One of the names gaining notoriety recently is myfastbroker.com. While it may look like a professional trading site on the surface, a deeper investigation reveals a growing number of red flags and user complaints.

So, is myfastbroker.com a legitimate online broker, or just another trading scam preying on UK investors?

What is myfastbroker.com?

Overview of the Website

myfastbroker.com positions itself as a global online trading platform, offering services across forex, crypto, commodities, and stocks. The website promises users access to:

• High-leverage trading (up to 1:500)
• Proprietary trading software
• 24/7 support and account managers
• Fast deposits and withdrawals

While this might sound promising to inexperienced traders, such claims often mimic scam platforms, particularly when combined with unverifiable credentials.

Claims Made on the Platform

The site boasts about “instant profits”, “premium trading signals”, and a “secure environment”, yet lacks transparency on key compliance and legal pages. There is no mention of:

• A verifiable business registration
• Regulation under any UK or EU financial body
• The names or backgrounds of team members

This lack of transparency alone is a serious concern.

Is myfastbroker.com a Legitimate Broker?

No Listing with the FCA or EU Regulatory Bodies

A quick search on the FCA Register reveals that myfastbroker.com is NOT authorised to operate in the UK. In fact, the Financial Conduct Authority has issued multiple warnings about unregistered platforms luring UK residents into high-risk investments.

Use of High-Risk Leverage Without Regulation

Offering 1:500 leverage without FCA approval is illegal in the UK. Regulated brokers are limited to offering leverage of 1:30 for retail clients — a protection against massive losses.

Red Flags Common in Fake Broker Platforms

myfastbroker.com shares several characteristics commonly found in scam trading sites:

• No company address or physical location
• Pushy marketing tactics via WhatsApp or Telegram
• Sudden login issues or account freezes after deposits
• Lack of legal policies (T&Cs, privacy policies, KYC)

What Do Real Users Say About myfastbroker.com?

Across forums like Scamwatcher, Reddit, and Trustpilot, users have shared worrying experiences with the platform.

Common Complaints Include:

• “My account was suddenly frozen after I asked for a withdrawal.”
• “They kept asking me to deposit more money and promised I’d get VIP access.”
• “The site looks professional, but no one ever responds to support emails.”
• “They showed me fake profits on the dashboard. None of it was real.”
• “After I refused to invest more, they blocked my login.”

This behaviour is eerily similar to that of known Ponzi-style forex scams targeting UK residents in recent years.

How Does myfastbroker.com Compare to FCA-Registered Platforms?

To better understand the risks, let’s compare myfastbroker.com with legitimate UK brokers that are fully regulated:

As shown, myfastbroker.com fails on every regulatory and trust factor, whereas licensed brokers offer clear, legal, and secure trading environments.

What Red Flags Suggest myfastbroker.com Might Be a Scam?

Major Warning Signs:

•  No FCA Registration: This is a legal requirement for offering trading services in the UK.
•  No Business Address or Ownership Info: Scam sites rarely disclose who’s behind them.
•  Over-promising Returns: Claims like “make 40% in 7 days” are usually fake.
•  Withdrawal Issues: Most users report being unable to get their money back.
•  Pressure to Deposit More: Aggressive “account managers” are often scam artists.
•  Fake Trading Platforms: Some platforms simulate profit to lure larger deposits.

When all of these are combined, myfastbroker.com appears to fit the classic scam profile seen in dozens of similar fraudulent websites.

How Can UK Traders Protect Themselves from Fake Brokers?

Here are the steps every UK investor should take before trading online:

• Check the FCA Register: Use register.fca.org.uk to verify any broker.
• Google the Company Name + “Scam”: If there are reports, someone’s already been burned.
• Read Real Reviews: Look for detailed, negative reviews with dates and receipts.
• Use Trusted UK Platforms: Stick to brokers like IG, eToro, or Interactive Investor.
• Don’t Be Rushed: If someone is pressuring you to invest quickly, walk away.

What Should You Do If You’ve Been Scammed by myfastbroker.com?

If you’ve already deposited money on myfastbroker.com or suspect you’re being scammed, take these steps:

1. Report to Action Fraud UK

Visit actionfraud.police.uk to submit a detailed report.

2. Contact Your Bank Immediately

Request a chargeback or freeze the card/account you used. Banks can help if you act fast.

3. Alert the FCA

Report the firm through the FCA’s Scam Smart page. This helps alert other potential victims.

4. Secure Your Wallet or Account

If you connected your crypto wallet, disconnect it and move your assets to a secure wallet.

5. Join Support Communities

Forums like Reddit r/Scams, UK Scambaiting, and Facebook scam survivor groups can offer both support and practical recovery tips.

Conclusion: Should You Trust myfastbroker.com with Your Money?

The short answer? Absolutely not.

There is no legitimate reason for a trading platform targeting UK users to operate without FCA oversight, with fake claims and widespread withdrawal issues. All signs point to myfastbroker.com being a high-risk, likely fraudulent operation, using a polished front to mislead investors.

With increasing reports of online trading scams in 2025, UK investors must stay cautious. Trust is earned through transparency, regulation, and reliability — none of which myfastbroker.com provides.

Stay alert. Check the FCA. Don’t be rushed. And when in doubt, walk away.