Statistics of TurboForex votes

TurboForex reviews

TurboForex_logo TurboForex 6/10 (votes 4805)

On-line since: 2010
Country of origin: New Zealand
Regulation: FSCL – 30, FSP – 10, FMRRC (Financial Market Relations Regulation Center)
Payment options: Visa and MasterCard cards, Skrill, Neteller, Sofort, WebMoney
Minimum account size: $250
Minimum lot size: 0.01 lot
Leverage: up to 1:500
Spreads: floating, from 2.0 pips

TurboForex has been dynamically developing and has an active position. This broker offers trading currencies, derivatives for commodities, stocks, and global indices. The company also provides the modern technologies and good trading conditions.

The advantages of TurboForex are a full compensation of commissions for any funds processing, the opportunity to copy deals automatically, up to 100% bonus for every deposit, getting trading points for every closed trade, extremely low spreads, and no restrictive trading conditions.

The company's clients do not have to worry about their funds as they are well secured and kept in the most reliable international banks. TurboForex has its own internal audit of the capacity of its funds to fulfill the obligations to traders.

When choosing the right broker that offers a successful online trading, you should pay attention to TurboForex. If you have already worked with it, please leave your comments which will be helpful for others.

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Comments about broker

afon trader
review TurboForex
04-08-17

They are a fake company, they are scammers. they tell you lies to take your money for ever. even try to get back your money from them they will never give you back your money.

DonTeague trader
review TurboForex
08-06-17

Last few months I have been trading a mini account with Turbo FX broker. Frequently I have faced their slow execution and slippages problem on the platforms. I think this problem will be reduced after their server development so I keep trading with them. But I today I have seen another problem after opened 1 lot buy trade on GBPUSD pair. Because I set my position at 1.2959 but the position is opened at 1.2930 with 8 pips spread but their spread charged is 2 pips in this pair. I think they intuition is increasing the spread by using slow execution technic. It is so sad that TurboFX charting with me and break my trust. But I am a simple trader with only 350USD balance. In two month I have earned $120 USD respectively. Now I have decided to withdraw my invest and profit from them. So I make a withdrawal request via Neteller and waiting for money.

Garrison trader
review TurboForex
07-06-17

TurboForex is just a scammer in forex world, and I loss lots of money during trading with them. Everything is just good if you deposit or earn profit with small amount. However, it will be different when you trade with this broker with large amount like my case. I joined TurboForex in last year, and I have no problem in trading their demo account. Then, I moved to trade in real account, and my case happened when I earned big profit. I deposited 600$ in my real account for trading, and luckily I earned profit with 850$. I’m pleased and I wanted to withdraw my profit. Hence, I waited in a long time – 5 days, but money wouldn’t be transferred to my account. Later, I called them to ask about my request, and their support told me that my request had been done. That means money have been already transferred to my account. Therefore, I checked my account again, but it’s nothing. At that time, I know I got scammed by them, and I loss all my profit. TurboForex is a liar, and then all my emails I sent them aren’t unanswered. Overall, I HIGHLY recommend for traders to stay away from them – TurboForex under these circumstances.

Isebelle trader
review TurboForex
02-06-17

Please stay away from Turbo Forex group else you will regret soon. Based on my experience using this broker for almost 6 months what can I say is they cannot be trusted and not a reliable broker. I still remember that I have made a deposit of a $300 into live account instead of waiting for so long to see money credited into trading account, it was more than 5 days for them to make things done. In fact, once credited I was so surprised balance was only $250, another $50 has been stolen. However, to double check I called to finance division and I has been informed that it has been charged for transaction cost. At first, there is no such fees stated in the regulation but all of sudden it happened. I have to continue the trading activities and so thanks with the profit earned within 1 month at least I can generate $500. Unfortunately, withdrawal request via Neteller has not approved that fast and I have to wait for almost 3 weeks to get profit back into bank account. I left this broker since they gave me too many headache and management unsecured and now feeling better with new forex broker.

Hairy trader
review TurboForex
24-05-17

from my trading experience Turbo Forex is not a reliable broker and can’t be trusted. In fact, I have been using the platform only for 2 months. During my journey with them, I noticed that something is wrong with trading platform whereby it seems doesn’t have actual time prices, I believed that this broker has manipulated the platform. I have made deposit of 250 USD into live account but once it was credited the amount also has decrease into 225 USD which when I check into my account transaction the other 25 dollar has been deducted because for transaction fees. I immediately contact to finance department, to know why they charge transaction fees when they said there is no transaction fees using Webmoney. Unfortunately they didn’t respond to my queries and they treat me like I’m not their client. after a month trading and made some profit I made a decision to leave this broker and withdraw all my money and it took 2 weeks for them to credit into my bank account. I think my decision is good to leave Turbo Forex because I’m not feel secured in trading with them.

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