Hey there,
Thanks for your message. I’ve looked into Fast Trade and unfortunately the company is a scam.
The reasons are the following:
- First of all, your screenshot shows an app called Fast Trade, however the URL (trdview.art) takes me to a website of a company called Trade FX which is already suspicious.
- Secondly, Fast Trade is not regulated by any financial regulatory authority. They claim to be regulated by the MFSA, however the regulation number provided on their website is fake. Also, I couldn’t find any legit documentation of their incorporation.
- It’s common practice that scammers offer exaggerated high returns like yours.
- Fraudulent service providers also impose withdrawal restrictions and**/**or charge a massive commission when you want to access your funds.
- Certain mandatory information, such as privacy policy, general risk disclosure, terms and conditions, etc. are either suspiciously short or missing from their webpage.
- Lastly, the design and structure of the website is similar to other fake brokers.
Please keep in mind that the recovery of funds from scam brokers is an extremely complex procedure and chances of success are rather low. I would recommend checking the following article where we collected a few things you can try to get your funds back: https://brokerchooser.com/forex/regulation/scams#how-to-recover-your-funds-when-scammed.
Also, please be careful with companies offering to get your money back. There are many scams that offer asset recovery services.
If you have any further questions please let me know.
Kind regards,
Andris