Score
TurboForex
https://www.turboforex.com/
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Licensed Entity:TURBO TRADING LIMITED
License No. 332266
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
Account
- Environment--
- Currency--
- Maximum Leverage1:500
- SupportedEA
- Minimum DepositUSD250.00
- Minimum Spreadfrom 2.0 pip
- Depositing Method--
- Withdrawal Method--
- Minimum Position0.01 lot
- Commission--
- Products--
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Website
- turboforex.com 52.31.30.251Server Location- Ireland ICP registration--Most visited countries/areas- Turkmenistan Domain Effective Date0001-01-01WebsiteWHOIS.MONIKER.COMCompanyMONIKER ONLINE SERVICES LLC
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Company Summary
General Information & Regulation
Turbo Forex is the operating name of Turbo Trading Ltd, a provider of Forex, Commodities, Equity & Index CFD brokerage services, offering investors attractive trading conditions to enable clients to succeed in the financial markets. Turbo Forex is registered with FSPR as a financial service provider (license number: FSP332266).
Market Instruments
Turbo Forex offers investors access to popular financial tradable instruments, including Forex currency pairs, commodities, stock CFDs, and indices CFDs.
Minimum Deposit
To meet the investment needs and trading experience of different investors, Turbo Forex offers three different accounts: Mini (minimum deposit of $10), Standard (minimum deposit of $100), and Premium accounts (minimum deposit of $1000).
Turbo Forex Leverage
The maximum trading leverage offered by Turbo Forex is up to 1:500, when it comes to leverage level available. Since leverage can amplify both profits as well as losses, inexperienced traders are not advised to use such high trading leverage.
Turbo Forex Spreads
Mini accounts have floating spreads, starting from 2.0 pips, and no commission is charged for trading. Standard accounts have spreads starting at 1.0 pips, and Turbo Forex does not charge commissions on trades. Premium accounts have spread starting at 0.5 pips, with no commissions charged for trading.
Trading Platform
Turbo Forex provides traders with the industry-recognized MT4 trading platform, as well as MT4 Web, MT4 Mobile, and MT4 Tablet, to meet a wide range of trader's needs. MT4 is the ideal trading platform for the Forex market, with an intuitive and simple interface, powerful data analysis capabilities, and support for EA trading, allowing traders of all levels to develop Different trading strategies for different levels of traders.
Deposit & Withdrawal
Turbo Forex supports traders to access their investment accounts via VISA, MASTERCARD, Skrill, NETELLER, Sofot Banking, WebMoney, etc. There is no information about deposit and withdrawal fees on the Turbo Forex website.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- New Zealand Financial Service Corporate Revoked
- Suspicious Overrun
- High potential risk
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胡丹
Egypt
My name is Safwat. In last May, I deposited $2000 into this platform. About 6 months later, I wanted to make withdrawal, while the customer service said that only visa and mastercard. After I used the pointed card to withdraw the fund, all my request was refused.
Exposure
一缕阳光83611
Hong Kong
The withdrawal is unavailable for 2 days, which should have been received in 24 hours.
Exposure
Amgad Darwish
Egypt
i deposit by cashu and cashu isn't option to withdraw
Exposure
河
New Zealand
TurboForex is a third-class broker! It provided poor trading conditions, terrible trading platform, and I frequently lost connection when I logged into my account. It was really a long story.
Neutral