Turnkey Forex Review 2024

What is Turnkey Forex?

Turnkey Forex is a forex broker that offers a variety of services to its clients. It provides superior trading technology, low spreads, fast execution, and stellar customer support. Turnkey Forex offers a choice of trading platforms and gives leverage. It has 66 currency pairs available for transactions. The broker also accepts multiple account base currencies, including USD, EUR, XRP, LTC, BTC, and others. The broker’s conditions are suitable for both new and advanced traders. For instance, with their STP accounts, commissions are one less thing to worry about, allowing traders to focus solely on their trading. However, it’s important to note that there have been mixed reviews about Turnkey Forex. Some traders have reported issues with withdrawals and concerns about the broker’s lack of regulation. Therefore, potential clients are advised to do thorough research and consider these factors before deciding to trade with Turnkey Forex. Please note that while Turnkey Forex offers a range of features and services, it’s crucial for traders to understand the risks associated with forex trading. It’s always recommended to start with a small investment and gradually increase it as one gains more experience and understanding of the forex market. In conclusion, Turnkey Forex is a forex broker that offers a wide range of services and trading conditions that can cater to the needs of various types of traders. However, potential clients should be aware of the mixed reviews and do their due diligence before deciding to trade with them.

What is the Review Rating of Turnkey Forex?

What are the Pros of Turnkey Forex?

Turnkey Forex, a registered trading name of TurnKey Forex Limited, offers several advantages for traders. Here are some of the key benefits:. Competitive Spreads: Turnkey Forex offers some of the most competitive spreads in the industry. This can lead to lower trading costs and potentially higher profits. Wide Range of Trading Instruments: Traders have access to a wide range of trading instruments, including major and minor currency pairs, commodities, indices, and cryptocurrencies. This allows for portfolio diversification and the ability to take advantage of different market opportunities. High Leverage Options: High leverage options are available, which can amplify trading positions. This can be beneficial for experienced traders looking to maximize potential profits. However, it’s important to note that high leverage also comes with higher risks. User-Friendly Trading Platforms: Turnkey Forex provides access to popular trading platforms such as MetaTrader 4 (MT4) and Trade Station. These platforms offer user-friendly interfaces, advanced charting tools, and customizable features, making it easier for traders to analyze markets and execute trades effectively. Multiple Account Types: To cater to the needs of different traders, Turnkey Forex offers multiple account types, including a Mini account for beginners, a Standard account for regular traders, and an ECN account for advanced traders. Each account type has its own unique features and benefits, allowing traders to choose the one that best suits their trading style and preferences. Advanced Security Measures: Turnkey Forex employs advanced security measures to ensure the safety of traders’ funds and personal information. Cost-Effectiveness and Time-Saving: Using a turnkey forex brokerage offers several advantages, including cost-effectiveness and time-saving. It provides access to pre-built technology and infrastructure, allowing faster market entry. However, it’s important to note that Turnkey Forex is not regulated. , which may cause some traders to think twice about using them. Additionally, they do not accept clients from the United States. , and their deposit and withdrawal options may be limited compared to other brokers in the industry.

What are the Cons of Turnkey Forex?

Turnkey Forex, a registered trading name of TurnKey Forex Limited, has its share of drawbacks that potential traders should be aware of. Here are some of the cons associated with Turnkey Forex:. Lack of Regulation: Turnkey Forex is not regulated. This lack of oversight could potentially pose risks for traders, as there is no regulatory body to ensure that the broker is adhering to certain standards of practice and ethics. Limited Educational Resources: While Turnkey Forex provides basic educational materials such as ebooks and video tutorials, these resources may not be sufficient for traders who are looking for more in-depth educational content. Traders who are new to forex trading may need to seek additional educational resources elsewhere. No US Clients: Turnkey Forex does not accept clients from the United States. This can be a disadvantage for traders based in the US, as they will need to find an alternative broker to trade with. Limited Deposit and Withdrawal Options: Turnkey Forex offers limited deposit and withdrawal options compared to some other brokers in the industry. While they accept popular payment methods such as bank transfers, credit/debit cards, and e-wallets, the options may not be as extensive as some traders would prefer. In conclusion, while Turnkey Forex does offer some advantages such as competitive spreads and a wide range of trading instruments, the cons listed above are significant factors that potential traders should consider before deciding to use this platform. As always, it’s important for traders to do their own research and consider their individual needs and circumstances when choosing a forex broker.

What are the Turnkey Forex Current Promos?

Turnkey Forex, a registered trading name of Turnkey Forex Limited, is a broker that provides online trading on more than 100 assets via the MetaTrader 4 (MT4) and Trade Station platforms. The broker offers the options of managed (MAM) accounts, social trading platforms, and a free virtual private server (VPS) to support clients in their trading activities. Turnkey Forex insists that it is a pure ECN broker that uses modern technology to aggregate liquidity from the liquidity providers to give its clients the best prices available. They claim that only raw spreads from 16 Tier 1 banks are streamed to the clients’ platforms via its ECN network. A No Dealing Desk (NDD) of Turnkey Forex routes all clients’ orders to the liquidity providers with trading servers located in Amsterdam. However, the current promotions offered by Turnkey Forex are not explicitly mentioned in the search results. For the most accurate and up-to-date information, it is recommended to visit the official website or contact Turnkey Forex directly. Please note that trading involves risk and it’s important to understand these risks before engaging in any trading activity.

What are the Turnkey Forex Highlights?

Turnkey Forex is a trading platform that has been the subject of various reviews and discussions. Here are some key points to consider:. Rebranding: Turnkey Forex has ceased operations under its original name and has rebranded itself as Coinexx. Trading Conditions: The platform offers a variety of trading conditions, including the ability to trade forex pairs, commodities, indices, and cryptocurrencies. It also provides tight spreads from as low as 0.0 pips. Liquidity Providers: Turnkey Forex is backed by 20 tier 1 liquidity providers, which ensures competitive pricing. Managed Accounts: The platform offers managed accounts for copy trading solutions. Free VPS: A free VPS is provided to clients that have at least $5,000. Customer Reviews: Customer reviews indicate that the platform is friendly to different trading strategies. However, some users have reported issues with the website’s speed and availability. Regulation: It’s important to note that Turnkey Forex is not regulated. Please note that while Turnkey Forex offers a range of features and services, it’s crucial to conduct thorough research and consider multiple sources before making any investment decisions.

Is Turnkey Forex Legit and Trustworthy?

Turnkey Forex is a forex trading platform that has received mixed reviews from its users. Some users have praised the platform for its trading conditions, low fees, and the variety of account base currencies it accepts. However, there are also negative reviews from users who have had issues with withdrawals and have accused the platform of being untrustworthy. Several online reviews suggest that Turnkey Forex is not a regulated broker. This lack of regulation can be a red flag for potential investors, as it means the platform is not subject to the same oversight and standards as regulated brokers. This could potentially increase the risk of fraudulent activity. Furthermore, some sources have placed Turnkey Forex on a blacklist of brokers, advising traders to avoid the platform due to the high risk of losing money. These sources recommend choosing a reliable and trustworthy licensed company instead. In conclusion, while Turnkey Forex may offer some attractive features, the lack of regulation and negative user experiences raise serious concerns about its legitimacy and trustworthiness. Potential investors should exercise caution and consider other, more reputable options for forex trading.

Is Turnkey Forex Regulated and who are the Regulators?

Turnkey Forex is a forex trading platform that has been in operation since 2011. However, it is important to note that Turnkey Forex is not regulated by any financial regulatory authority. This lack of regulation should be a significant consideration for anyone thinking about using its services. Regulation in the forex market is crucial as it provides traders with a level of protection. Regulated brokers are required to adhere to strict standards and regulations imposed by the regulatory bodies. These standards are designed to protect traders from fraudulent activities and provide a secure trading environment. However, Turnkey Forex operates without such oversight. This lack of regulation does not necessarily mean it is a scam, but it does mean that traders should exercise caution. Unregulated brokers are not bound by the rules and regulations that protect traders, which can lead to potential risks. For instance, they can disappear at any time without notice. Furthermore, it’s worth noting that Turnkey Forex has been blacklisted by a regulatory authority, and a warning has been published on the regulator’s website. This further emphasizes the need for caution when dealing with unregulated brokers. In conclusion, while Turnkey Forex may offer certain features that appeal to traders, the lack of regulation is a significant drawback. Traders are advised to choose reliable and trustworthy licensed companies for their trading needs.

Did Turnkey Forex win any Awards?

Based on the information available, there is no evidence to suggest that Turnkey Forex has won any awards. It’s important to note that the forex industry is highly competitive, with numerous brokers vying for recognition in various categories. These categories often include customer service, trading platforms, educational resources, and more. However, as of the latest data, Turnkey Forex does not appear to have received any such accolades. It’s always a good idea to check the company’s official website or contact them directly for the most accurate and up-to-date information. Please note that this information is accurate as of the last update and may change over time.

How do I get in Contact with Turnkey Forex?

Turnkey Forex is a well-known online trading broker. To get in touch with them, there are several methods available:. Phone: You can reach out to Turnkey Forex via phone. The contact number for English speakers is +44 2032876620. or +44 20 3287 6032. Email: Another effective way to contact Turnkey Forex is through email. Their email address is contactus@turnkeyforex.com. It’s important to note that Turnkey Forex is a global company, so they have support for multiple languages. Be sure to specify your preferred language when you contact them to ensure smooth communication. Turnkey Forex offers a variety of services related to forex trading. They provide a platform for trading a wide range of currency pairs, making it a good choice for both new and advanced traders. However, please be aware that all trading involves risks and it’s important to understand these risks before engaging in any trading activity. Remember, effective communication is key when dealing with any financial institution. Be clear and concise in your queries or concerns to get the most accurate and helpful responses. Happy trading!.

Where are the Headquarters from Turnkey Forex based?

Turnkey Forex, a renowned name in the financial and investment advisory services sector, has its headquarters located in Quatre Bornes, Plaines Wilhems, Mauritius. This organization, known for its trading tools and social trading platforms, has been actively operating since its inception on October 30, 2016. In addition to its primary location in Mauritius, there is also a significant presence in London, Greater London, E14 5LB, United Kingdom. This strategic location in one of the world’s leading financial hubs allows Turnkey Forex to maintain a strong global presence and cater to a diverse clientele. Turnkey Forex’s commitment to providing unparalleled levels of service and convenience is evident in their round-the-clock support, available 24 hours a day, 7 days a week, 365 days a year. This dedication to customer service is a testament to their standing in the forex industry. In the competitive landscape of forex trading, Turnkey Forex stands out with its unique offerings. However, it’s worth noting that they face competition from other financial planning and wealth management firms such as Syndaxi Financial Planning, Laminar Wealth, and Dyer & Blair Investment Bank. In conclusion, Turnkey Forex, with its headquarters in Mauritius and a significant presence in London, continues to make strides in the forex industry with its comprehensive financial and investment advisory services.

What kind of Customer Support is offered by Turnkey Forex?

Turnkey Forex, a reputable forex broker, offers a comprehensive customer support system that is available 24/7. The support team is knowledgeable and responsive, ensuring that any issues or queries are addressed promptly. The customer support at Turnkey Forex is provided through various channels, including live chat, email, and phone. The live chat feature on their website connects users with a customer service representative within seconds. The representatives are polite, knowledgeable, and provide detailed responses to queries. Email support is another effective channel offered by Turnkey Forex. Users receive an automated response acknowledging their email and are informed that a representative will get back to them within 24 hours. The responses are thorough, addressing all aspects of the user’s issue and providing step-by-step instructions on how to resolve it. Telephone support is also available. Users can call their support number during business hours and are connected to a representative after a short hold time. The representatives patiently listen and ask clarifying questions to fully understand the issue at hand. They provide clear and concise responses, guiding users through the necessary steps to resolve the problem. In addition to these channels, Turnkey Forex also provides support for various trading conditions. They offer a wide range of trading services and competitive trading conditions. They pride themselves on their customer-centric approach, aiming to provide traders with the best possible trading experience. Turnkey Forex also accepts multiple account base currencies, including USD, EUR, XRP, LTC, BTC, and ETH. This flexibility allows users to choose the currency that best suits their trading needs. Overall, the customer service at Turnkey Forex is highly responsive and helpful, demonstrating a high level of responsiveness across all channels, with quick response times and knowledgeable representatives. This makes Turnkey Forex a reliable choice for both seasoned traders and those just starting out in the world of forex trading.

Which Educational and Learning Materials are offered by Turnkey Forex?

Turnkey Forex, a well-established forex broker, offers a wide range of educational and learning materials to enhance the trading skills of its users. These resources cover various topics such as technical analysis, risk management, and trading psychology. The educational resources provided by Turnkey Forex include informative articles, video tutorials, and webinars. These materials are designed to help both novice and experienced traders navigate the complex world of forex trading. Informative articles provide insights into various aspects of forex trading, including strategies, market trends, and risk management. These articles are written in an easy-to-understand manner, making them accessible to traders of all levels. Video tutorials offer a more interactive learning experience. These tutorials cover a wide range of topics, from the basics of forex trading to more advanced concepts. They are designed to help traders understand and apply various trading strategies and techniques. Webinars are another valuable resource offered by Turnkey Forex. These live sessions allow traders to learn from experts in the field. They cover a wide range of topics and provide traders with the opportunity to ask questions and interact with the experts. However, it’s worth noting that some reviews suggest that the educational resources provided by Turnkey Forex may not be sufficient for traders looking for more in-depth educational content. Therefore, traders may need to supplement these resources with additional learning materials from other sources. In conclusion, while Turnkey Forex provides a range of educational resources, traders looking for more comprehensive learning materials may need to look elsewhere. Nevertheless, the resources provided by Turnkey Forex can serve as a good starting point for those new to forex trading.

Can anyone join Turnkey Forex?

Turnkey Forex is a platform that offers a wide range of services to traders around the world. It provides access to trade in 85 currency pairs and CFDs on commodities, shares, indices, and ETFs. Eligibility Criteria. The eligibility criteria to join Turnkey Forex are quite flexible. The platform allows anyone to trade the financial markets with them. They strive to offer the best trading experience in the world through superior trading technology, low spreads, fast execution, and stellar customer support. Account Types. Turnkey Forex offers five types of real trading accounts. Micro: Minimum deposit of $5, leverage of 1:200, and spreads from 0.2 pips + $2 per lot. STP: Minimum deposit of $100, leverage of 1:200, and spreads from 0.7 pips. ECN: Minimum deposit of $200, leverage of 1:200, and spreads from 0.0 pips + $2 per lot. Swap-free (Islamic account): Minimum deposit of $200, leverage of 1:200, and spreads from 1 pip. VIP: Minimum deposit of $25,000, leverage of 1:100, and spreads from 0.0 pips + $2 per lot. Additional Features. Turnkey Forex also provides VPS hosting for automated trading strategies, including expert advisors (EAs) 24 hours a day 7 days a week without having to maintain any computer hardware, back up internet, or power supply. There are three subscription plans starting from $25 per month. The $25 subscription plan is free for clients with more than $5000 in their accounts. Restrictions. However, it’s important to note that Turnkey Forex does not accept clients from the United States. This can be a disadvantage for traders based in the US, as they will need to find an alternative broker to trade with. In conclusion, while Turnkey Forex offers a wide range of services and account types to cater to different trading needs, it’s crucial for potential traders to understand the platform’s terms and conditions before joining.

Who should sign up with Turnkey Forex?

Turnkey Forex is a platform that caters to a wide range of traders, from beginners to advanced. Here are some categories of individuals who might find Turnkey Forex beneficial:. New Traders: Turnkey Forex provides a user-friendly platform with competitive spreads, making it a good starting point for those new to forex trading. The broker’s conditions are suitable for new traders. Advanced Traders: Experienced traders can benefit from the low commissions and the option to choose between MetaTrader 4 and MetaTrader 5. These platforms offer advanced trading tools, indicators, and fast trade execution speeds. Crypto Enthusiasts: Turnkey Forex accepts a variety of cryptocurrencies as account base currencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). This makes it an attractive option for those interested in trading with digital currencies. Long-Term Traders: For those who hold positions for extended periods, Turnkey Forex is a reliable choice as it does not manipulate charts during long-term trades. Cost-Conscious Traders: With low trading fees, Turnkey Forex is a good option for traders who execute a large number of trades and are mindful of costs. Please note that while Turnkey Forex offers a range of features and benefits, it’s important for potential users to thoroughly research and consider their individual trading needs before signing up.

Who should NOT sign up with Turnkey Forex?

Turnkey Forex is a forex broker that has gained a reputation in the industry. However, it may not be suitable for everyone. Here are some categories of people who might want to reconsider signing up with Turnkey Forex:. People Uncomfortable with Cryptocurrencies: Turnkey Forex accepts cryptocurrencies as a form of payment. If you are not comfortable with using cryptocurrencies, this might be a deterrent. The broker accepts a variety of cryptocurrencies including XRP, BTC, LTC, BCC, and ETH. If you prefer traditional payment methods, you might want to look for a broker that aligns with your preferences. People Looking for Quick Withdrawals: Some users have reported that withdrawals can take several days. If you are looking for a broker that can provide quicker access to your funds, you might want to consider other options. People with Large Investments: There have been reports of withdrawal requests being rejected for larger amounts. If you plan to invest a large amount of money, this could be a concern. It’s always important to ensure that you can withdraw your funds when needed. People Looking for Regulated Brokers: Turnkey Forex is not a regulated broker. This means that they are not overseen by a governmental regulatory body. If you prefer the added security of a regulated broker, you might want to consider other options. People Who Prefer Fast and Reliable Websites: Some users have reported that the Turnkey Forex website can be slow and at times, inaccessible. If you rely on the broker’s website for trading or accessing your account, this could be a significant drawback. Remember, it’s crucial to do your own research and consider your individual needs and preferences when choosing a forex broker. What works for one person might not work for another. It’s always a good idea to read reviews and learn as much as you can about a broker before making a decision.

Does Turnkey Forex offer Discounts, Coupons, or Promo Codes?

Based on the information available, it appears that Turnkey Forex does not offer discounts, coupons, or promo codes. However, it’s always a good idea to check their official website or contact their customer service for the most accurate and up-to-date information. In the broader context of forex trading, there are platforms that do offer such promotions. For instance, there are forex platforms that offer discounts of up to 30%. , and others that provide coupon codes giving up to 40% off. These offers can vary widely, so it’s important for traders to carefully review the terms and conditions of each promotion. Remember, while discounts and promotions can be attractive, they should not be the sole factor in choosing a forex trading platform. Other important considerations include the platform’s security features, customer service, range of available trading instruments, and the transparency of their fee structure. Please note that trading forex involves significant risk and it’s possible to lose a substantial amount of money, so it’s crucial to understand the risks involved before starting to trade. For more detailed information, consider consulting with a financial advisor or conducting further research.

Which Account Types are offered by Turnkey Forex?

Turnkey Forex, a registered trading name of TurnKey Forex Limited, offers a variety of account types to cater to the unique trading needs of every trader. ECN Account: This account type is designed for traders who require access to the raw spreads directly from the liquidity providers. Turnkey Forex insists that it is a pure ECN broker that uses modern technology to aggregate liquidity from the liquidity providers to give its clients the best prices available. STP Account: The STP account, also known as Straight Through Processing account, is another offering from Turnkey Forex. This type of account is designed for traders who prefer direct market access without any dealing desk intervention. Micro Account: This account type is ideal for beginners and those who wish to trade with lower capital. It allows traders to trade with smaller initial deposits and lower risk. Swap-Free Account: Also known as the Islamic account, this is designed for traders who cannot earn or pay interest due to religious beliefs. This account complies with the Sharia law. VIP Account: This account type is designed for professional traders and high net worth individuals who require more personalized services. It offers lower spreads and a dedicated account manager. In addition to these, Turnkey Forex also provides a Risk-Free Demo account option. This allows traders to practice their trading strategies in a risk-free environment before they start live trading. The minimum deposit amount required to register a Turnkey Forex Professional live trading account is $10 USD. Please note that the services and offerings may vary based on the account type.

How to Open a Turnkey Forex LIVE Account?

Opening a Turnkey Forex LIVE account involves several steps. Step 1: Registration Begin by visiting the official website of Turnkey Forex. Here, you will need to sign up using your personal details. This includes providing your full name, contact information, and other necessary details. Step 2: Verification Next, you will need to verify your account. This involves submitting your Know Your Customer (KYC) documents. You will need to provide a photocopy of a non-expired, government-issued photo ID that clearly indicates your date of birth. Acceptable forms of identification include a passport, driver’s license, or national ID card. Step 3: Proof of Address You will also need to provide proof of address. This must be a document dated within six months for the address indicated on the application. Post office boxes or postal bags are not acceptable. The document must not be folded, and payment stubs are not acceptable as they display limited information. Examples of acceptable documents include a utilities bill, credit card statement, or bank statement. Step 4: Funding Your Account Once your account is verified, you can proceed to fund it. Turnkey Forex offers a variety of payment methods, so you can choose the one that is most convenient for you. The minimum deposit amount for Turnkey Forex accounts is $10 USD. Step 5: Accessing the Trading Platform After funding your account, you can access the trading platform. Turnkey Forex offers online trading on more than 100 assets via the MetaTrader 4 (MT4) and Trade Station platforms. You can customize the platform to suit your preferences and execute your trades. Remember, all trading styles and strategies are allowed at Turnkey Forex. However, it’s important to note that Turnkey Forex is not regulated, which is a factor you might want to consider before opening an account.

How to Open a Turnkey Forex DEMO account?

Opening a Turnkey Forex DEMO account is a straightforward process that allows traders to practice their strategies and understand the dynamics of the forex market without risking real money. Here are the steps to open a demo account:. Select a forex broker of your choice. It’s important to note that Turnkey Forex is now operating under Coinexx. Therefore, you might want to consider opening a demo account with Coinexx instead. Find the Demo Account option on the broker’s website. This is usually located in the menu or at the top of the website. Fill in all the required details such as name, email, and phone number. Some brokers may also ask for additional information to ensure that you’re a real person. After filling in the details, click the OK or Register button to finish the demo account opening procedure. . Once the demo account is set up, you can start practicing your trading strategies. A demo account allows you to test out different indicators and get a feel for how the market works. It’s a risk-free environment that provides real-time pricing and access to global markets. Remember, the purpose of a demo account is to learn and practice. Don’t be afraid to make mistakes and try different strategies. The experience gained from using a demo account can be invaluable when you start trading with real money.

How Are You Protected as a Client at Turnkey Forex?

Turnkey Forex, a registered trading name of Turnkey Forex Limited, is a forex broker that provides traders with access to a variety of platforms for buying and selling foreign currencies. The broker offers more than 100 assets for online trading via the MetaTrader 4 (MT4) and Trade Station platforms. Client Protection Measures: Segregated Client Bank Account: Turnkey Forex ensures the protection of client funds by holding them in a segregated client bank account with an approved banking institution. This means that the client funds will not be affected if the broker faces insolvency. Secure Socket Layer (SSL) Encryption: Turnkey Forex uses SSL encryption technology to protect information submitted by the clients. This technology prevents interception by hackers during transmission over the internet. Firewalls: Firewalls have been deployed to further protect the systems. No Dealing Desk (NDD): Turnkey Forex routes all clients’ orders to the liquidity providers with trading servers located in Amsterdam. Protection Against Negative Balance: There is also protection against negative balance. . Trading Conditions: Account Types: Turnkey Forex offers two accredited trading accounts with a minimum deposit amount of $10 USD. Trading Platforms: Clients can trade on the MetaTrader 4 (MT4) and Trade Station platforms. Managed (MAM) Accounts: The broker provides the options of managed (MAM) accounts. Social Trading Platforms: Social trading platforms are also provided to support clients in their trading activities. Free Virtual Private Server (VPS): A free VPS is provided to support clients in their trading activities. . Despite these measures, it’s important to note that Turnkey Forex is not regulated. Therefore, potential clients should consider this factor when deciding to use their services.

Which Funding methods or Deposit Options are available at Turnkey Forex?

Turnkey Forex, a forex broker, offers a variety of convenient and secure deposit options. These options cater to the diverse needs of its clients, ensuring a smooth and efficient funding process. Bank Wire Transfer: This traditional method of transferring funds is available for clients who prefer a direct transfer from their bank account. Credit/Debit Cards: Turnkey Forex accepts deposits through major credit and debit cards. This provides a quick and easy way for clients to fund their accounts. E-Wallets: Recognizing the growing popularity of digital wallets, Turnkey Forex also accepts deposits through popular e-wallets such as Skrill and Neteller. Cryptocurrencies: In response to the increasing use of digital currencies, Turnkey Forex has integrated cryptocurrency funding options, including Stable Coins. VLoad: This is another payment method available to Turnkey Forex clients. It’s important to note that the minimum deposit with Turnkey Forex is $10. Furthermore, Turnkey Forex does not apply any deposit and withdrawal fees for any of the mentioned payment methods. This makes the funding process cost-effective for its clients. In conclusion, Turnkey Forex offers a wide range of deposit options, catering to the diverse needs of its clients. Whether clients prefer traditional methods like bank wire transfers, or modern methods like e-wallets and cryptocurrencies, Turnkey Forex has made it easy and efficient to fund trading accounts. This flexibility in deposit options underscores Turnkey Forex’s commitment to providing a seamless trading experience for its clients.

What is the Minimum Deposit Amount at Turnkey Forex?

Turnkey Forex is a registered trading name of Turnkey Forex Limited, launched in 2016 and headquartered in Mauritius. As a Forex broker, Turnkey Forex provides traders with access to platforms that allow them to buy and sell foreign currencies. Turnkey Forex offers online trading on more than 100 assets via the MetaTrader 4 (MT4) and Trade Station platforms. The broker provides options of managed (MAM) accounts, social trading platforms, and a free virtual private server (VPS) to support clients in their trading activities. However, it’s important to note that Turnkey Forex is not subject to any valid regulation. This lack of regulation might be a point of consideration for traders when deciding whether to use their services. Despite this, Turnkey Forex insists that it is a pure ECN broker that uses modern technology to aggregate liquidity from liquidity providers to give its clients the best prices available. They claim that only raw spreads from 16 Tier 1 banks are streamed to the clients’ platforms via its ECN network. As for the minimum deposit amount, there seems to be some discrepancy in the information available. Some sources suggest that the minimum deposit amount for a Turnkey Forex account is $10 USD. , while others suggest it’s $100 USD. It would be advisable for potential traders to verify this information directly with Turnkey Forex.

Which Withdrawal methods are available at Turnkey Forex?

Turnkey Forex, a well-known forex broker, offers a variety of withdrawal methods to cater to the diverse needs of its clients. Here are the details:. Bank Transfers: This traditional method involves transferring funds directly from the trading account to the user’s bank account. While secure and regulated by financial institutions, bank transfers can be time-consuming, with processing times ranging from a few days to a week. Credit/Debit Cards: Many brokers, including Turnkey Forex, allow users to link their trading account to their credit or debit card. This method is convenient and fast, with withdrawals typically processed within 1-3 business days. However, not all types of cards are accepted, and there may be limitations on the amount that can be withdrawn. E-Wallets: Digital wallets such as PayPal, Skrill, and Neteller are increasingly popular in the forex industry. E-wallets offer fast withdrawal processing times, often within 24 hours, and usually have lower fees compared to bank transfers or credit cards. Turnkey Forex is one of the few brokers that offer a wide range of e-wallet options. Cryptocurrencies: Some forex brokers now offer the option to withdraw funds in digital currencies like Bitcoin or Ethereum. Crypto withdrawals can be fast and efficient, usually processed within a few hours. Turnkey Forex accepts cryptocurrencies in combination with bank cards and e-wallets for withdrawal and deposit processes. Local Payment Systems: Depending on the user’s country of residence, they may have access to local payment systems specifically designed for forex withdrawals. It’s important to note that while Turnkey Forex offers a variety of withdrawal methods, the options may not be as extensive as some traders would prefer. Therefore, traders should ensure that their preferred withdrawal method is supported before opening an account.

Which Fees are charged by Turnkey Forex?

Turnkey Forex, a registered trading name of TurnKey Forex Limited, offers a range of services to its clients, including various types of fees. Here are the details:. Trading Fees: Turnkey Forex offers some of the lowest spreads in the industry, starting from just 0.0 pips. Additionally, commissions are as low as $2 per lot. , making it a cost-effective choice for traders of all levels. Commission Fees: For the Electronic Communication Network (ECN) account type, the commission fees are set at $2 for every $100,000 trade volume. Inactivity Fee: Turnkey Forex does not charge an inactivity fee. VPS Service Fee: Turnkey Forex offers free VPS service for traders who maintain a minimum balance of $5,000. Traders can also avail the service by paying a monthly subscription of $25, $45, or $80. The subscription fee depends on the speed and power of the server. Please note that while Turnkey Forex insists that it is a pure ECN broker that uses modern technology to aggregate liquidity from the liquidity providers to give its clients the best prices available. , it is not regulated. , which should make traders think twice about using them.

What can I trade with Turnkey Forex?

Turnkey Forex provides a wide range of trading instruments for its users. These include:. Major and minor currency pairs: Forex trading is the primary offering of Turnkey Forex. Traders can access a broad spectrum of currency pairs, including both major pairs like EUR/USD, GBP/USD, and USD/JPY, and minor pairs. Commodities: Turnkey Forex also allows trading in various commodities. This includes popular commodities like gold, silver, oil, and others. Indices: Traders can speculate on the price movements of various global indices. Cryptocurrencies: In response to the growing popularity of digital currencies, Turnkey Forex has included cryptocurrencies in its list of tradable instruments. CFDs on ETFs and shares: Traders can also trade Contract for Differences (CFDs) on Exchange-Traded Funds (ETFs) and shares. It’s important to note that while Turnkey Forex offers a wide range of trading instruments, it also comes with its own set of challenges. For instance, the broker has limited deposit and withdrawal options compared to some other brokers in the industry. Additionally, Turnkey Forex does not accept clients from the United States. Please note that trading involves risk and it’s important to understand these risks before starting to trade.

Which Trading Platforms are offered by Turnkey Forex?

Turnkey Forex, a trading name of TurnKey Forex Limited, is a publicly-traded, unregulated broker. It provides traders with access to several financial markets, including forex, commodities, shares, indices, and ETFs. The trading platforms offered by Turnkey Forex are MetaTrader 4 and Trade Station. These platforms are among the top and often used turnkey platforms in the Forex market. MetaTrader 4, also known as MT4, is a popular platform among forex traders due to its user-friendly interface, comprehensive trading tools, and capabilities for automated trading. Trade Station is another platform provided by Turnkey Forex. It is known for its advanced charting capabilities, back-testing functions, and a wide array of available markets. In addition to these platforms, Turnkey Forex also offers options for managed (MAM) accounts, social trading platforms, and a free virtual private server (VPS) to support clients in their trading activities. It’s important to note that while Turnkey Forex provides a range of services and platforms for trading, it is not regulated. Therefore, traders should exercise caution and ensure they understand the risks involved before engaging in trading activities.

Which Trading Instruments are offered by Turnkey Forex?

Turnkey Forex, a registered trading name of Turnkey Forex Limited, provides traders with access to a wide range of trading instruments. Forex: Traders have access to 85 currency pairs. This includes both major and minor pairs, offering a broad spectrum of opportunities in the foreign exchange market. Shares: There are 8 shares available in the form of Contract for Differences (CFDs). This allows traders to speculate on the rising or falling prices of fast-moving global financial markets. Indices: Turnkey Forex offers 11 options for trading indices. Indices trading involves speculating on price movements in a whole index such as the S&P 500. Commodities: There are 8 commodities available for trading. Commodities trading involves dealing in raw or primary products. ETFs: Traders can choose from 8 Exchange-Traded Funds (ETFs). ETFs are investment funds traded on stock exchanges. Cryptocurrencies: Cryptocurrencies are also part of the trading instruments offered. In total, the broker displays 120 trading instruments to choose from. These instruments allow traders to diversify their portfolios and take advantage of different market opportunities.

Which Trading Servers are offered by Turnkey Forex?

Turnkey Forex, a trading name of TurnKey Forex Limited, is a broker that provides traders with access to a variety of financial markets. It offers two primary trading platforms: MetaTrader 4 (MT4) and Trade Station. These platforms allow traders to buy and sell foreign currencies, commodities, shares, indices, and ETFs. The broker also provides options for managed (MAM) accounts, social trading platforms, and a free virtual private server (VPS) to support clients in their trading activities. However, it’s important to note that Turnkey Forex is not regulated. Turnkey Forex insists that it is a pure ECN broker that uses modern technology to aggregate liquidity from liquidity providers to give its clients the best prices available. It streams only raw spreads from 16 Tier 1 banks to the clients’ platforms via its ECN network. The No Dealing Desk (NDD) of Turnkey Forex routes all clients’ orders to the liquidity providers with trading servers located in Amsterdam. All trading styles and strategies are allowed. However, traders should be aware that while Turnkey Forex offers a variety of services and features, it also has some limitations. For example, there is no trading platform customization. , and there may be hidden fees. In conclusion, while Turnkey Forex offers a range of services and features that can be beneficial for traders, it’s crucial for potential users to do their research and understand the broker’s offerings fully before deciding to use its services.

Can I trade Crypto with Turnkey Forex? Which crypto currencies are supported by Turnkey Forex?

Turnkey Forex, a forex broker designed to facilitate trading for retail and institutional traders, supports cryptocurrency trading. This broker includes support for a variety of asset classes including currency pairs, commodities, indices, and cryptocurrencies. Turnkey Forex offers access to several asset classes, including currency pairs and commodities, indices, and cryptocurrencies. These are available via one of the three platforms detailed below. As for the specific cryptocurrencies supported by Turnkey Forex, apart from USD and EUR, it also accepts XRP, BTC, LTC, BCC and ETH as account base currency. Cryptocurrencies can be used in combination with bank cards, e-wallets for withdrawal and deposit processes. It is important to note that while Turnkey Forex provides a platform for cryptocurrency trading, potential traders should be aware of the risks involved. Cryptocurrency prices are highly volatile and investing in them can lead to significant financial losses. As with any investment, it is recommended to do thorough research and consider seeking advice from financial advisors before trading cryptocurrencies.

What is the Leverage on my Turnkey Forex Trading Account?

Leverage in forex trading is a powerful financial tool that allows traders to increase their market exposure beyond the initial investment (deposit). This is achieved by borrowing capital from the broker. Leverage is expressed as a ratio, such as 1:30, 1:50, or 1:200. Turnkey Forex, a well-known broker in the industry, offers high leverage options. This means that traders can amplify their trading positions, potentially leading to higher profits. However, it’s important to note that while high leverage can magnify profits, it can also magnify losses. High leverage comes with higher risks, and traders should use caution when using leverage. The exact leverage available on your Turnkey Forex trading account can vary depending on the account type. Turnkey Forex offers multiple account types to cater to the needs of different traders. These include a Mini account for beginners, a Standard account for regular traders, and an ECN account for advanced traders. Each account type has its own unique features and benefits, allowing traders to choose the one that best suits their trading style and preferences. In conclusion, the leverage on your Turnkey Forex trading account can be a powerful tool if used correctly. It can help you maximize your potential profits, but it also comes with increased risks. Therefore, it’s crucial to understand how leverage works and to use it responsibly. Always remember that the higher the leverage, the higher the level of risk.

What kind of Spreads are offered by Turnkey Forex?

Turnkey Forex, a registered trading name of TurnKey Forex Limited, offers a range of spreads to its clients. The broker provides online trading on more than 100 assets via the MetaTrader 4 (MT4) and Trade Station platforms. Turnkey Forex offers two accredited trading accounts with a minimum deposit amount of $10 USD. The spreads start from 0.1 Pips. The broker insists that it is a pure ECN broker that uses modern technology to aggregate liquidity from the liquidity providers to give its clients the best prices available. Only raw spreads from 16 Tier 1 banks are streamed to the clients’ platforms via its ECN network. In addition to this, Turnkey Forex offers commission-free trading on its STP account. The spreads for this account start from 0.2 pips. Expert Advisors and algo trading can be made use of, on these accounts. It allows hedging and scalping as well. It’s important to note that all trading styles and strategies are allowed. A No Dealing Desk (NDD) of Turnkey Forex routes all clients’ orders to the liquidity providers with trading servers located in Amsterdam. Please note that while Turnkey Forex provides a range of options for traders, it is not regulated. , which is a factor that traders should consider when choosing a broker.

Does Turnkey Forex offer MAM Accounts or PAMM Accounts?

Unfortunately, the information available does not specify whether Turnkey Forex offers MAM (Multi-Account Manager) or PAMM (Percentage Allocation Management Module) accounts. It’s recommended to directly contact Turnkey Forex or visit their official website for the most accurate and up-to-date information. However, it’s important to understand what MAM and PAMM accounts are in the context of forex trading. MAM Accounts. A MAM account allows a professional trader to manage multiple client accounts from a single master account. The master account is controlled by the trader and is linked to several sub-accounts, each owned and controlled by a different individual investor. The funds of the investors are pooled together and managed by the trader. As the trader executes trades in the master account, the same trades are automatically replicated on the individual sub-accounts according to the allocation percentage. Traders can also make manual adjustments to allocation percentages, designate different volumes to different sub-accounts, or group sub-accounts together for different trading strategies. PAMM Accounts. A PAMM account is a type of investment account offered by some forex brokers, which allows retail investors to allocate their funds to be managed by experienced traders. An investor deposits funds into a PAMM account, which are then pooled together with funds from other investor accounts. The appointed trader or investment manager then makes investment decisions on behalf of the group. Each investor’s share in the account is proportional to the size of their investment, and the profits or losses are distributed accordingly. The trader typically charges a management fee for their services, which are deducted from the account’s profits. Both MAM and PAMM accounts provide fund managers the ability to manage multiple accounts from a single account without having to create an investment fund. The performance (profits and losses) of a MAM or PAMM account manager is distributed among the managed accounts. The clients’ managed accounts are connected to the account manager’s main account and all trades made by the manager are reflected proportionally in the clients’ accounts. The PAMM Master account balance represents the total amount of all clients’ deposits. To ensure the security of investors’ funds, client deposits remain in their own trading accounts, the manager does not have access to these accounts and therefore cannot make any withdrawals. The individual investors are the only ones who are able to make deposits & withdrawals to/from these managed accounts. However, the performance fees that are earned by account managers are automatically withdrawn from clients’ accounts, in accordance with the terms of the contract.

Does Turnkey Forex allow Expert Advisors?

Turnkey Forex, an international low commission broker known for excellent customer service, does indeed allow the use of Expert Advisors. This feature is available on their Straight Through Processing (STP) accounts, which offer commission-free trading. The broker provides a wide range of assets to trade, including forex, commodities, indices, and cryptocurrencies, through MetaTrader platforms. These platforms include MetaTrader 4 and MetaTrader 5, both of which support the use of Expert Advisors. MetaTrader 4, one of the most user-friendly trading platforms, is available on Turnkey Forex. It provides real-time access to live price action and live charts of all the assets over nine time frames. Expert Advisors can be used to automate trades on this platform. Similarly, MetaTrader 5, a web-based platform that can be accessed from any device, is also offered by Turnkey Forex. It includes a code editor that allows users to create custom indicators based on their needs. In addition to supporting Expert Advisors, Turnkey Forex also allows all kinds of trading strategies, making them ideal for all types of traders. This includes the use of algo trading, hedging, and scalping. It’s worth noting that while Turnkey Forex is not regulated, it maintains high standards of security and convenience. It ensures the safety of funds, provides a smooth trading experience, and offers access to numerous assets. In conclusion, Turnkey Forex does allow the use of Expert Advisors, providing traders with a flexible and comprehensive trading environment.