TurboForex Broker Review

Author By Jeffrey Cammack
Updated: May 27, 2020
Overall Rating
2.97 2.97 / 5
🏦  Min. DepositUSD 250
🛡️  Regulated By
💵  Trading Cost 
USD 7
⚖️  Max. Leverage500:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 
AlertMost retail CFD accounts lose money. Your capital is at risk.
Last updated on May 27, 2020
by Editorial Director Jeffrey Cammack
Jeffrey Cammack

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website you agree to our Terms of Service.

Our verdict on TurboForex

🏦  Min. DepositUSD 250
🛡️  Regulated By
💵  Trading Cost 
USD 7
⚖️  Max. Leverage500:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 

Overall Summary

Regulation
000000/ 5
Trading Conditions
111104/ 5
Trading Platforms
111104/ 5
Deposit & Withdrawal
11110.54.5/ 5
Education & Research
110002/ 5
Assets Available
1110.503.5/ 5
Customer Service
111104/ 5
Beginner Friendly
Standard
Welcome Bonus

Account Information

Base Currencies
USD
Number of FX Pairs
45
Crypto Pairs
0
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Account

Trading Conditions

Account Name
Trading Desk
Commission
Fees Included in Spread
EUR/USD
0.70 pips
GBP/USD
0.70 pips
USD/JPY
0.40 pips
Negative Balance Protection

Company Details

Company Name
Turbo Enterprises Ltd
Founded
2008
Website Language
English
Support Language
English
Office Locations
Marshall Islands, St Vincent

Pros

  • Great customer support
  • MT4 only

Cons

  • Poorly regulated
  • Limited demo account
  • No swap-free account option
  • Extreme leverage
AlertMost retail CFD accounts lose money. Your capital is at risk.
Find An Approved Broker
Overall Rating
2.97 2.97  / 5
Site Icon Data provided by FX Australia

TurboForex Financial Regulation

Regulator License
Regulator License

TurboForex Trading Cost Comparison

Share your knowledge

Stay updated

This form has double opt in enabled. You will need to confirm your email address before being added to the list.

Featured Brokers

Close
>