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Fast Grow Trade ltd

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Operating status: SCAM

Website: https://fastgrowtrade.com/

Broker violations and abnormal records
  • 2025-05-04 The NZ FMA issues a warning against Fast Grow Trade ltd

    On May 5, 2025, the New Zealand Financial Markets Authority (NZ FMA) added Fast Grow Trade ltd to its warning list, stating that this is a fake investment platform. https://www.fma.govt.nz/library/warnings-and-alerts/stephanie-robert-social-media-profile/

    On May 5, 2025, the New Zealand Financial Markets Authority (NZ FMA) added Fast Grow Trade ltd to its warning list, stating that this is a fake investment platform. https://www.fma.govt.nz/library/warnings-and-alerts/stephanie-robert-social-media-profile/
  • 2025-05-12 BrokersView has reviewed that Fast Grow Trade ltd is an unregulated broker

    The website uses a common template for scam websites. They have the same website design and wording, and even the same office address, which has been marked by Brokersview before, for example, Elite Max Trade. Based on its address, we checked the relevant regulatory authorities. We did not find any matching information in the Cayman Islands Monetary Authority (CIMA), the National Futures Association (NFA), or the Seychelles Financial Services Authority (FSA Seychelles).

    In addition, the New Zealand Financial Markets Authority (NZ FMA) added Fast Grow Trade ltd to its warning list, stating that this is a fake investment platform.

    In essence, Fast Grow Trade ltd is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Fast Grow Trade ltd appears to be a scam.  

    The website uses a common template for scam websites. They have the same website design and wording, and even the same office address, which has been marked by Brokersview before, for example, Elite Max Trade. Based on its address, we checked the relevant regulatory authorities. We did not find any matching information in the Cayman Islands Monetary Authority (CIMA), the National Futures Association (NFA), or the Seychelles Financial Services Authority (FSA Seychelles). In addition, the New Zealand Financial Markets Authority (NZ FMA) added Fast Grow Trade ltd to its warning list, stating that this is a fake investment platform. In essence, Fast Grow Trade ltd is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Fast Grow Trade ltd appears to be a scam.