144 brokers
21738 reviews

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 The bonus can be withdrawn if minimum trading volume requirements are met.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.
Author of TurboForex review : Kaindra. Date and time of TurboForex review : 2020-10-19 07:33:28
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 of TurboForex review : Abhilash. Date and time of TurboForex review : 2020-10-12 06:05:22
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 of TurboForex review : Willy. Date and time of TurboForex review : 2016-09-13 22:59:31
Although minimum deposit required is very high, I consider this broker as a profitable due to all good trading conditions, especially tight spreads. Its platform is easy to use and it's very stable. I have talked to its managers and they are very professional. In fact, I had some troubles with my withdrawal petition but when I asked for help, they solved it instantly.
Author of TurboForex review : Molly. Date and time of TurboForex review : 2016-08-23 04:38:23
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.
Author of TurboForex review : ForexGabriel. Date and time of TurboForex review : 2016-08-08 04:48:45
Minimum deposit $250 its too big. Slippage can be adjusted according to their wishes. During heavy trading hours they will increase the spreads and no transparency at all. I do not recommend TurboForex.
Author of TurboForex review : Hunter. Date and time of TurboForex review : 2016-07-19 00:30:19
The customer Service ignored my follow-up regarding my withdrawal request 3 days ago. I am tired of trading with this broker because of their unprofessional systems.
Author of TurboForex review : sadness. Date and time of TurboForex review : 2016-07-05 02:31:13
The Forex training is not enough for a trader to learn. It does not contain informative data that could help traders interpret indicators. I hope this company will develop detailed training program.
Author of TurboForex review : pipgatahan. Date and time of TurboForex review : 2016-06-22 09:52:42
Many traders already told a lot of good words about turboforex, and I can confirm this and I would like to add that they are truly the best broker in Asia because I know a lot of traders here, in Malaysia, and they also support this view.
Author of TurboForex review : Federicopip. Date and time of TurboForex review : 2016-05-31 16:24:49
I hope this broker improves with the time, especially spreads. It says that they are low, but when you are trading, you realize that they are too high and not fixed. Also, trading platform is not stable and it's very difficult to request your earnings.
Author of TurboForex review : Dean. Date and time of TurboForex review : 2016-05-30 04:17:08
TurboForex has been one of the best brokers I've ever dealt with. The funding is easy and they have quick withdrawals. I would recommend TurboForex to anyone who wants a professional broker with no hassle.

Leave a comment

Start trading
without any investments and risks
With new Startup BONUS 1000$
Get Bonus
from InstaForex
on every deposit