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If you were scammed by Turnkey Forex, let us know immediately. Our support team will book a free consultation with the company’s experts. The first thing when dealing with an unregulated offshore broker is to request a chargeback. Therefore, help from a professional might come in handy just to ensure successful dispute resolution.
The FIX API is available for MT4 and Trade Station platforms. It connects traders to liquidity providers at lightning-fast speeds. The connection is fully secured, courtesy of the SSL layer and it offers premium pricing and fast executions.
Turnkey Forex Review – Deposit & Withdrawals
Turnkey Forex offers the MetaTrader 4 forex trading top platform. TurnkeyForex.com offers over 80 forex currency pairs, indices, commodities, cryptocurrencies, gold and silver for your personal investment and trading options. Please read Turnkey Forex Reviews below and share your live trading experiences with this broker. Turnkey Forex is primarily a forex broker that has tight spreads and low fees for all types of trading strategies. You can trade forex on user-friendly platforms from just $10, get access to managed accounts, a free VPS and around the clock support.
Even after leaving the chart for a long time, the analysis still remains and I can easily know where I stopped with my analysis for the next day’s trades. I asked questions about ea, and many other questions I had in mind then and I was answered properly. I started having the ea last month, no fear about the ea services yet.
Traders can use trading techniques such as scalping, hedging, automated trading with EAs, and news trading. No, there isn’t any deposit fee, but you may be charged with a banking or blockchain fee . I prefer trading using Mt5 with Turnkey FX because I can use Sell-Stop Limits and Buy-Stop Limits orders, my friend on the other hand prefers Mt4 with the old-fashoined limit and stop orders.
Turnkey Forex Review – Countries
I am trading for the long run, I don’t want to be staring at my charts all night, I want to get in and get out and let my money work for me. The high volatility of energy prices due to political, environmental and several other factors, is a typical feature of this product, making it a popular trading choice. Turnkey Forex provides MT4 free of charge as a downloadable desktop application for Windows PC and a mobile trading application for Android and iOS devices. Turnkey Forex is a registered trading name of TurnKey Forex Limited launched in 2016 and has its headquarters in Mauritius.
- Any potential profits are shared automatically based on the agreed conditions.
- More than 100B USD has been traded by the clients of the broker so far.
- There is no research & educational material for enhancing the trading knowledge, and the beginners might face difficulty without the required knowledge.
- I am new to trading and I seek to make money in the long term.
- Although Turnkey Forex resources and tutorials can be pretty useful yet your personal research matters the most.
We strive to offer the best trading experience in the world through superior trading technology, low spreads, fast execution, and stellar customer support. Our management team has a solid track record with vast experience turnkey broker in the industry and understands what traders need to trade effectively. Our aim is to provide customers with a stellar trading experience. Turnkey Forex allows anyone to trade the financial markets with us.
Traders Reviews
It is an online brokerage and the trading platform is very simple and easy to understand and is locate at United Kingdom. The Turnkey Forex asset trading platform has all the essential features of any good broker. However, the company boasts about its exceptional and strategic Turnkey Forex trading services, which can be great for the traders. The tutorials and insights that are made available through the broker are indeed helpful but should be used by only traders who have a deep understanding of different trading instruments.
Since this is the situation, we decided to check if Turnkey Forex is regulated and where it is based. Why does the «register» link take me to the coinexx.com register link? Is this broker just a fake broker disguised as coinexx.com? Of all the brokers I’ve used, this has never happened to me where when trying to register I am taken to a different brokers register link. Turnkey Forex doesn’t have any restrictions on trading styles.
I have been a turnkeyforex client for 2 years now and i have only positive things to say about them. There is only a handful of off-shore FX brokers who allow trading with residents of USA. Turnkey Forex allows traders to download MT4 and MT5 mobile apps free of cost. An account with Turnkey Forex can be opened in merely five minutes. There is absolutely no compulsion to trade or fund the account instantly. The signing up form can be found by clicking the ‘Register’ button on the broker’s website.
Further, the available market types have a handful of assets such as five indices, eight commodities, and some currency & crypto pairs. There are a number of reasons I believe that this broker is good. First, the charts are very good for analysis, it is easy to find different technical tools for analysis. I trade with the fibonacci, trend line, 50 and 200 moving averages and some other line charts.
My only concern would be the lack of regulation which we will look at in the next section. Turnkey allows a minimum trade size of 0.01 lots & a maximum of 100 lots. There is no limit to the number of orders a client can place but they should not exceed the maximum allowed volume at any time.
Is Turnkey Forex a scam or a legit broker?
The education content is required for all the novice traders to enhance their trading knowledge at one place. All top brokers, like ROInvesting and TradeATF, provide a variety of educational content that includes webinars, seminars, guides, articles, videos, and e-books. The worst feature of the Turnkey forex broker is their customer support. The site claims to offer 24/5 service but did not respond on calls. Further, the response time on the chat feature is supported by a bot and gives irrelevant responses that can make clients frustrated. The email response also came after three days, and the executives provide irrational answers to queries.
We are committed to the fair handling of reviews and posts regardless of such relations. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. In general, a so-called “offshore” broker tends to have a less favourable reputation and potential traders should think carefully before investing with them. Ripple is popular among big banks with the Ripple network a next generation real-time gross settlement system. Ethereum is the second largest cryptocurrency after Bitcoin and allows developers to create smart contracts on a platform.
If Turnkey Forex ’s website itself does not provide enough means, a trader should explore other informative sources to obtain that skills and knowledge. Leveraged product trading magnifies a trader’s potential profit – but of course also increase the potential loss. This facility that enables traders to get a larger exposure to the market than the amount they deposited to open a trade, is called leverage. The ECN account spread starts from 0.0 pips and commission of $2 per $100,000 is charged for each trade. In the case of Muslim customers, special Islamic accounts, that is swap free accounts, are offered that mirror the other account types, but which operate in accordance to Shariah law.
Turnkey Forex Review – Account Opening
Forex broker services can also be provided for institutional clients and large companies such as investment banks. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Richard has many years of experience in broker research, testing, analysis and reviews.
Turnkey Forex Review Summary
I’m able to focus solely on my trading without worry about paying high fees in terms of overall trading cost. I have a situation where from time to time my home internet loses a connection for a second, which was driving me crazy when it happens while https://xcritical.com/ I was on the platform and trading. I have contacted their customer service to ask for advice if I could do something about it, and they proposed I switch trades through VPS. Since then, I don’t have any sort of issues with the execution of my deals.
Their website contains an introduction to forex for beginners, as well as information on technical analysis. The website also offers a daily economic calendar and examples of trading rules for different markets. All three types of accounts have different minimum deposits, but the minimum amount for each is 5 USD for ECN, STP, Swap Free, Micro, VIP accounts.
Turnkey Forex Review – MT5
Equity or stock indices can represent a specific set of the largest companies of a nation or they can represent a specific stock market. Multiple accounts can be managed from a single platform installation. Demo accounts are also available, preloaded with virtual funds for practice purposes. An effective tool for managing your risk strategy, the pip value calculator lets you calculate the value per pip of each position. With this tool you can monitor your risk for each trade with more precision.
Broker offers clients a free Demo account with $10,000 for practicing trading. However, there’s a big difference between having $10,000 and $10, a minimum deposit. You cannot get the real market sense, especially with too high leverage. I have been trading on a live account with this broker for 1 year now, specializing in EURUSD and XAUUSD .
