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Independent rating of Forex broker TurboForex

3/10 (votes 100)

On-line since
2010
Country of origin
New Zealand
Regulation
Brokerage services regulatory authority (Russia), Financial Disputes Resolution Scheme (New Zealand)
Payment options
Visa, MasterCard, Skrill, Neteller, WebMoney, bank wire
Minimum account size
$250
Minimum lot size
0.01
Leverage
1:500
Spreads
from 0 pips
TurboForex (Turbo Trading Limited) is a provider of brokerage services in the field of the margin trading. The most popular trading instruments include currencies, commodity derivatives, shares, and stock indices. The broker obtained the conformity certificate from Russia’s Brokerage services regulatory authority. It confirms that the company delivers quality and reliable services in financial markets.
TurboForex advantages:
  • The lowest spreads in the forex industry. The company suggests that it will compensate a difference if you find better spreads anywhere applied during real market execution.
  • Full rebate of commissions on credit/withdrawal operations.
  • Up to 100% bonus for every deposit. The bonus can be withdrawn if minimum trading volume requirements are met.
  • TurboForexSocial, the system of automated copying trades, makes it possible to gain profits without being actually involved in trading.
  • Forex training is provided free of charge.
To trade in forex, the broker offers the MetaTrader 4 platform. Besides, clients can make use of the mobile app.
Please post your comments on TurboForex on our website. Your honest assessment of the company will help other traders decide on the most suitable brokerage company.

Comments

Author: Reint Date: 2021-10-18 01:50:34 (UTC+3)
Chose this broker because here I found necessary trading tools. Last month, I held two positions for more than a week and I had a very profitable outcome. It only proves that Turboforex is one of the best company nowadays. I've already have some profit and tried to withdraw $1,000 profit successfully. So it works. Good broker which is not cheating their customers. And I had a profit more than about 25% deposit. And the second pleasant thing is they have no commission and fees. The trading cost is reasonable thus giving the clients more opportunity to profit.
Author: Gorrie Date: 2021-09-22 06:48:25 (UTC+3)
TurboForex is an honest broker. They keep the charts synced with the real market and they make sure to process payments efficiently. The broker does not add any hidden charges to any transactions and they don't trick their clients with misleading information. Whatever they offer you, that is what you will get.
Author: Luker Date: 2021-06-15 01:47:31 (UTC+3)
This company provides a lot of trading opportunities. I never encountered any errors when connecting to their trading servers and the leverage is quiet large compared to other offshore Forex broker. Even when I was a newbie, around two years ago, I did not incur extreme losses. And that's mainly because of the educational materials that this broker offers. Their regular market analyses are also very helpful even for experienced traders.
Author: Mailam Date: 2021-06-01 05:53:05 (UTC+3)
When I started doing my trading activities at TurboForex, I realized that I made the right choice of selecting this broker. First, their platform is always in good condition and order execution is instant. Second, the spread is tight. And third, their customer support is very responsive.
Author: Robert Date: 2021-02-15 02:00:26 (UTC+3)
Their platform is excellent with many features, Spreads very competitive. During these 8 months, I have executed more than 500 trades. I have seen very rare requotes maybe just 5-10 times in over 500 trades. I opened a account with Turbo Forex on August 2019 traded more than four months, and am very happy with their trading atmosphere. I trade comfortable with insta and take my life in a good way. I want to become a professional and famous trader and insta is help me to do this. Besides, the website design is very nice too. Everything is simple and comprehensible. That is why I like working with Turbo Forex Company.
Author: Barbara Date: 2021-02-04 06:29:46 (UTC+3)
I can't believe I am finally having a desirable trading portfolio. My previous broker has a terrible platform which caused me to lose a lot of money. But TurboForex is way better and they offer excellent trading tools. I am now trading with convenience.
Author: Amaru Date: 2020-12-20 12:34:03 (UTC+3)
TurboForex broker isn't perfect to me, as in their mini account with MT4 Platform, I have so much technical issue. Because when I want to open orders, it's not executed on my desired position, it could be delay almost 10 to 20 seconds and my all positions slipped 15 to 20 pips. Besides when I want to close any trades on the MT4 platform then I am unable to close these trades and I can't set up an EA. That's why I had to get $85 loss so far. While my invest were $100 and its almost lost. So I want to leave them and make a withdrawal by request of $15 via Neteller. But they didn't approve this withdrawal. I have asked their support via live chat but I didn't get any response from them.
Author: Kaindra Date: 2020-10-19 07:33:28 (UTC+3)
I was started with $1500 and make $640 within these 2 months of investing. I choose that type of account because I have the lowest spread of 0.2-0.3 on EUR/USD. I say Turbo forex matches with me and I have found a good quality of service, execution, fairness and transparency with this broker. I withdraw 2 times amount of $500 and $200 with the help of Netteller and I didn't had problems. The spreads of the aforementioned trading instruments are very affordable.
Author: Abhilash Date: 2020-10-12 06:05:22 (UTC+3)
Earning at TurboForex was quite easy. Of course, the trader must still possess enough knowledge and skills to be profitable. But the broker already provides a great trading environment. Hence, with the right knowledge, profiting will not be hard at this broker. Their trading platforms are all easy to use and are really stable.
Author: Molly Date: 2016-08-23 04:38:23 (UTC+3)
TurboForex is best broker. To be the best among the best, TurboForex need to expedite their withdrawal processing time. Anyway TQ VM TurboForex, I hope whosoever looking for broker to trade better choose TurboForex and you won’t regret it.

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