Score
TurboForex
New Zealand|5-10 years| https://www.turboforex.com/
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Licenses
Single Core
1G
40G
Disclosure
Danger
Contact number
+44 20-373-42018
+61 39-021-69-29
442037342018
+ 7-495-480-88-88
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Broker Information
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Turbo Trading Ltd
TurboForex
New Zealand
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- New ZealandFSPR (license number: 332266) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
- This broker exceeds the business scope regulated by New Zealand FSPR(license number: 332266)Financial Service Providers Register Non-Forex License. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | USD250.00 |
| Minimum Spread | from 2.0 pip |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 lot |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | USD1,000.00 |
| Minimum Spread | from 1.0 pip |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 lot |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | USD10,000.00 |
| Minimum Spread | from 0.5 pip |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.1 lot |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | USD1,000.00 |
| Minimum Spread | from 3.0 pip |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 lot |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:200 |
| Minimum Deposit | USD5,000.00 |
| Minimum Spread | from 0.0 pip |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 lot |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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TurboForex · 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.
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