TurboForex

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TurboForex is an industry leading provider of forex, commodities and stocks/indices CFD brokerage services. We offer attractive trading condition enabling our clients for success. TurboForex is managed by leading industry professionals and offers the best trading conditions, coupled with flawless execution and the most advanced trading technologies.

BUSINESS MODEL

TurboForex business model is to offer cutting edge trading technology, coupled with the best trading conditions available on the market. This is achieved through sophisticated risk management techniques and using the most advanced technology solutions available. With TurboForex you always have the best trading tools money can buy.

TurboForex employs hybrid model for executing orders, acting as market maker for some of the trades, when their amount doesn’t pass minimum amount threshold of our liquidity providers, and passing other trades to interbank market(known as Straight Through Processing). However, TurboForex employs aggregating technology, allowing to pass multiple small trades to a liquidity provider as single large chunk, thus eliminating possible conflict of interests with our customers.

ADVANTAGES OF TURBOFOREX

    • Low spreads: TurboForex offers probably the lowest spreads in the industry, both fixed and variable. If you find even better spreads anywhere, applied during real market execution, we will compensate the difference for you.
    • No restrictive trading conditions: TurboForex doesn’t set any restricting conditions for your trading. We don’t have minimal open trade duration, we dint set minimal difference for opening and closing trade prices, hedging is allowed, we do not increase stop out level before week end.
    • Unique bonuses: Regular bonus offering make trading with TurboForex really lucrative. We’re always offering one of our deposit bonuses, but also quite often we offer something unique, like “Second Life” or “0-spread accounts”.
  • Fanatical clients service: After all, we clearly understand that our clients are our main asset. This is why most our efforts are targeted towards clients satisfaction. You can always expect special and professional treatment from our staff, no mater what is your account balance.
  • Minimum opening deposit: USD250.00
  • Leverage: up to 1:500
  • Trading instruments: Forex, Indices, Commodities and Share CFDs
  • Desktop/Web/Mobile/Tablet clients available
  • Spread: Variable, from 2.0 pip
  • Minimum trade Size: 0.01 lot
  • Execution: Market execution
  • No commission for Forex and Commodities
  • Bonuses

Brokerage Info:
Legal Name: TurboForex
Operational Since: 2010
Domiciled Country: New Zealand
Headquarters City: Napier
International Offices: Argentina Cyprus Jordan New Zealand Russian Federation United Kingdom
Regulation: FSP (New Zealand), 332266
Monthly Volume In USD: Undisclosed
Number Of Liquidity Providers: Undisclosed
Managed Account Services: Yes
Markets/Instraments: Forex, Indices, Commodities and Share CFDs
Parent/Subsidiary/Affiliations: Independant Brokerage

Account Parameters:
Broker Type: ECN/STP/NDD
Account Types: Mini Standard Premium
MAM/PAMM Accounts: Yes
Min. Deposit: USD250.00 USD1,000.00 USD10,000.00
Minimum lot size: .01
Max Leverage: 1:500 all accounts
Spread type: from 2.0pip / from 1.0pip / from 0.5pip
Execution Type: Market
Payment options: Credit/debit cards Liqpay QIWI WebMoney Wire transfer Yandex.Money
Withdrawal options: Same as Deposit
Accept US clients: No

Trading Features:
Currency Pairs Total: 58
Trading platforms: MT4, Mobile
Commission Fees: Yes
News Trading: Yes
Mirror/Social Trading: Ask
Scalping: Yes
Hedging: Yes
Expert Advisors: Yes
Swap Free: No
API support: No
OCO Orders: No

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.