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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

TurboForex

New Zealand New Zealand | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | New Zealand Inst Forex Execution (STP) Revoked | High Potential Risk

https://www.turboforex.com/

Website

Rating Index

Contact

+44 20-373-42018
https://www.turboforex.com/

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
New Zealand
Operating Period
5-10 years
Company Name
Turbo Trading Ltd
Email
support@turboforex.com
Contact Number
+442037342018
Account Info
Verified Site
Relationship Map
Related Companies
Employees
About Us
Disclosure
Wiki Q&A
Comment

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Verified Site

Top Visitor Locations
TurkmenistanTurkmenistan
  • turboforex.com
    52.31.30.251
    Server Location
    Ireland Ireland
    ICP Registration No.
    --
    Top Visitor Locations
    Turkmenistan Turkmenistan
    Creation Date
    0001-01-01
    Website Name
    WHOIS.MONIKER.COM
    Company
    MONIKER ONLINE SERVICES LLC

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TurboForex

Related Companies

TURBO TRADING LIMITED(New Zealand)
New Zealand
TURBO TRADING LIMITED(New Zealand)
Deregistered
New Zealand
Registration No. 4549639
Est. Date
Source Official Statement
Employees

Company Profile

Company Profile

Review 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.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • New Zealand Inst Forex Execution (STP) Revoked
  • High Potential Risk

Wiki Q&A

How safe is trading with TurboForex?

Trading with TurboForex presents a severe risk warning. The broker holds no valid, current licenses for forex trading, meaning client funds are not protected by any investor compensation scheme. Its operations are categorized with an unclear business scope, and it achieves a very low overall WikiFX score of 1.61, signifying a high-risk, unregulated entity.

04-02
United States

What is the regulatory status of TurboForex?

TurboForex, operating as Turbo Trading Ltd, is an unregulated broker. It does not hold any active authorization from a recognized financial authority. While it was once listed on New Zealand's Financial Service Providers Register (FSPR 332266) as an 'Inst Forex Execution (STP)' provider, that registration has been revoked and is no longer valid. The firm currently operates without any verified mainstream regulation, placing it outside of formal supervisory frameworks.

04-02
United States

Where is TurboForex registered?

TurboForex is based in New Zealand, where its parent company, Turbo Trading Ltd, was historically registered. The broker has been active in the market for approximately 5-10 years, offering a range of account types for trading Forex, Commodities, Equity, and Index CFDs. Entry points vary from a Mini account requiring $250 up to a Premium account requiring a $10,000 deposit, with maximum leverage offered as high as 1:500 on several of its accounts.

04-02
United States

Apa saja regulator forex yang paling umum dikenal?

Regulator forex yang umum dikenal antara lain Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Commodity Futures Trading Commission (CFTC), Securities and Exchange Commission (SEC), Cyprus Securities and Exchange Commission (CySEC), dan Monetary Authority of Singapore (MAS). Regulator-regulator tersebut biasanya memiliki standar pengawasan yang tinggi.

In a week

¿Cómo se calcula la puntuación de WikiFX?

La puntuación de WikiFX se calcula mediante un modelo multidimensional que incluye el índice regulatorio, el índice de licencias regulatorias, el índice de capacidad operativa, el índice de control de riesgos y el índice tecnológico de la plataforma. La escala oscila entre 0 y 10 puntos. Además, la puntuación se actualiza dinámicamente en función de cambios regulatorios, tratamiento de reclamaciones y rendimiento histórico.

In a week

Bagaimana cara mengidentifikasi broker dengan profil risiko tinggi?

Broker dapat dinilai memiliki profil risiko tinggi dengan mempertimbangkan status regulasi, keluhan pengguna, keamanan dana, serta konsistensi informasi publik yang tersedia. Broker tanpa regulasi valid, yang sering mengalami masalah penarikan dana, atau memiliki banyak keluhan pengguna biasanya menunjukkan tingkat risiko yang lebih tinggi. Informasi tersebut dapat diperiksa melalui WikiFX untuk membantu evaluasi secara lebih komprehensif.

In a week

¿Qué aspectos deben considerarse al elegir un bróker seguro?

Al elegir un bróker seguro, los inversores deben centrarse en factores como la situación regulatoria, la seguridad de los fondos y la transparencia de las condiciones de trading. Generalmente se recomienda priorizar plataformas reguladas por organismos reconocidos como la FCA, la SEC o la ASIC. También es importante verificar si los fondos se mantienen en cuentas segregadas, si la estructura de comisiones es transparente y si existen incidencias relacionadas con retiradas o reclamaciones relevantes. La puntuación de WikiFX y los comentarios de usuarios pueden servir como referencia adicional.

In a week

Apa yang dimaksud dengan situs broker kloning?

Situs broker kloning adalah situs yang meniru informasi broker resmi untuk menyesatkan investor agar melakukan penyetoran dana. Situs tersebut biasanya menyalin nama merek, desain halaman, bahkan informasi regulasi. Ciri umum meliputi domain yang sangat mirip dengan situs resmi, informasi kontak yang sulit diverifikasi, serta penawaran keuntungan yang tidak wajar. Setelah dana masuk ke platform seperti ini, biasanya sulit untuk dipulihkan. Disarankan untuk memverifikasi domain resmi dan informasi regulasi serta menggunakan WikiFX sebagai referensi tambahan.

In a week
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