You can connect with customer representatives either through call or chat in the duration of 24 hours and 5 days. Furthermore, you can also visit the official website of Turnkey Forex where you can click on Contact Us. You have to fill in the details like Name, Phone Number, What’s your purpose and the representative will be in touch with you as soon as possible during the official working hours. The forex platform gives security assurance as it has used Secure Socket Layer encryption that helps protect clients’ or users’ sensitive information or personal information. Also, hackers won’t be able to steal personal information or malicious attacks that often happen during transactions over the internet. Articles and financial market analysis on this website are prepared or accomplished by an author in his personal capacity.
You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees. Turnkey Forex asserts that only raw spreads from 20 liquidity providers will be streamed to your platforms via its ECN network. The trading servers are located in Amsterdam and London, both popular destinations for brokers. Turnkey Forex insists that it is a pure ECN broker that uses modern technology to aggregate liquidity from the liquidity providers in order to give you the best prices available.
Turnkey Forex Trading Platforms
It is soliciting and/or accepting funds from U.S. customers and offering a product within the CFTC’s jurisdiction. A review by the Commission has revealed that this entity is acting in a capacity that appears turnkey broker to require registration, but it is not registered with the CFTC. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
- The minimum deposit to open an account is only $10 whilst free demo accounts are also available for beginners who want to first get a feel for trading online before making a commitment.
- WikiFX provides dynamic scoring, it will track the broker’s dynamic real-time scoring, the current time screenshot scores do not represent past and future scoring.
- The MT4 app on the other hand, is great for checking your trades and following the markets when you are not at your computer.
- IQinik is an IT and Forex solution service provider company located in… Our CRM helps you to monitor customer onboarding, brokerage and charge settings, leverage settings, etc.
- I don’t think the broker accepts debit cards, which might be a little stressful for those that do not have cryptocurrencies or VLoad account.
I also couldn’t find any daily market analysis or insights to help inspire trade ideas. That being said, all strategies, trading systems and styles are supported. If you are just looking for easy market access to scalp the forex market or run automated strategies and don’t mind the lack of regulation, then they may be worth a look. You can even try them out with a free demo account or start trading from as little as $10. Being one of the most technologically advanced trading platforms, MT5 provides modern traders access to a first-rate trading experience in forex, indices, commodities, and cryptocurrencies.
Turnkey Forex Account Types
TurnKey Forex is a registered trading name of TurnKey Forex Limited and as stated on the website headquarters in Mauritius. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. Disappointingly, I couldn’t find any training resources available from Turnkey Forex. I would have liked to at least have seen some tutorial videos and trading guides as these could benefit beginner traders looking to improve their trading skills and knowledge.
The STP account is exactly the same as the ECN account, with the only difference being that in STP account, the commission charges are included within the spread. There is no other commission/charge and no difference in any other trading condition. I think this account could be considered for anyone trading mid to long term who is not too concerned about the spread and would rather not pay a commission.
Deposit and withdrawal are also fast, so far, I have not had issues with making deposit or withdrawal on this platform. Tight spreads are available for all the different account types. It is common that ECN accounts provide tight spreads and the spread for standard accounts is usually around 1.0 for most brokers. But to my surprise, the spread for the ECN account for Turnkey is 0.00 while the standard account also offers zero spread which averages around 0.2. The standard and ECN accounts work for scalpers and long term traders.
If necessary, our PAMM service can also become part of our turnkey FX solution. This product will allow you to attract additional clients who have no trading experience at all, but want to invest in skills of professional traders. The solution includes protocols that allow developing and running algorithmic trading systems. It comes with the preset of market-maker algorithms, which provide for administrators an ability to manage price flow, liquidity, and pricing policies for any instrument.
How to Open a Turnkey Forex Account – Step-by-Step Guide
The support service provided by Turnkey Forex is not very extensive. It can only be accessed via email, address and a phone number. Since the company’s website is not currently open, we do not know if it offers other services such as live chat, callback, FAQ, 24/7 or 24/5 service, etc.