TurboForex Review 2021

TurboForex Review 2021

March 2021
Analysis of the Main Features of the Forex Broker

3.75

Overall rating

3.54

/10

Execution of orders

3.96

/10

Investment instruments

3.6

/10

Withdrawal speed

3.9

/10

Customer Support work

3.38

/10

Variety of instruments

4.12

/10

Trading platform

99

Position
in rating

99

Position in rating

3.75/10
Overall rating

Attention!

Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.

Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:

Summary of TurboForex Trading Company

“TurboForex” company is the international licensed broker. The use of top-class innovative technologies, including WebTrader, TurboForex Social trading network and profitable conditions allows any customer to succeed in the margin trading.

Attention!

We work exclusively with the accounts opened through Traders Union.

TurboForex Latest Comments 2021

0
9
1

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of TurboForex published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

I once received a call from TurboForex. They offered to make money trading Apple stocks. They assured that this is the best option for trading, but it is imperative to replenish your trading account with at least $ 1000. I refused.

Friends, this broker throws money as soon as you earn a good amount. I will say that they manage their own stop-losses, stop-outs, and you seem to be exited through your own fault. I noticed this more than once. So don't mess with it. Today I lost $ 7,000 with them.

I have not traded with TurboForex broker. I saw an advertisement for this company, the managers called. But I started to study the activities of TurboForex and found a lot of negative reviews. Therefore, I decided to refuse all offers of this dubious company.

Never invest your funds in TurboForex. The entire balance will be reduced to zero. Especially if you have less than 70 thousand dollars and you are completely new to this business. You will be advised by a young man who is trained so that you do not receive anything, and they will receive rather big interest. And then they will tell you that you yourself invested money and you were warned about the risks. A disgusting and unreliable company, managers change and hide behind different phone numbers. I have never met such a sophisticated deception. Take care of yourself and your funds.

I have spent a lot of money and time on TurboForex. It's time to shoot a little thing, but it was not there. The first application was rejected due to the fact that the card was not in the account currency, the second was rejected according to the bonus agreement, announcing all the money received as a bonus, the third - without explanation. They do not give an answer to the question of how to get out of this situation.

TurboForex is no longer working. The site has not opened since July 2020. It looks like it's over. But judging by the reviews, customers have lost a lot of money here.

What was required to prove - I'm waiting for 580 usd from 4.09. In support, they feed me breakfast, but I feel that they will not pay me anything!

2 >

Analysis of the Main Features of the Forex Broker

3.75

Overall rating

3.54

/10

Execution of orders

3.96

/10

Investment instruments

3.6

/10

Withdrawal speed

3.9

/10

Customer Support work

3.38

/10

Variety of instruments

4.12

/10

Trading platform

Dynamics of the Popularity of TurboForex
in 2020 among the Users of the Traders Union

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Trading Conditions for TurboForex Users

Trading platform: MetaTrader4, Web, Mobile
Accounts: Mini, Standard, Premium
Account currency: USD
Replenishment / Withdrawal: Visa/MasterCard, Skrill, Neteller, Sofort, WebMoney
Minimum deposit: 10 USD
Leverage: 1:500
PAMM-accounts: No
Min Order: 0.01 lot
Spread: from 0 pip
Instruments: Forex, Indices, Commodities and Shares
Margin call/Stop Out: Stop Out Mini - 10%, Standard - 20%, Premium - 20%
Liquidity provider: No
Mobile trading: Mobile Platforms
Affiliate program: Yes
Orders execution: Market Execution
Trading features: No
Contests and bonuses: YES

Comparison of TurboForex with other Brokers

TurboForex FxPro XM Group Admiral Markets UK AvaTrade
Trading
platform
MT4, MobileTrading, WebTrader MT4, MobileTrading, MT5, cTrader MT4, MT5, MobileTrading MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option
Min deposit $250 $100 $5 $200 $100
Leverage From 1:1
to 1:500
From 1:1
to 1:500
From 1:1
to 1:30
From 1:25
to 1:500
From 1:200
to 1:400
Trust management No No No No No
Accrual of % on the balance No No No No No
Spread From 0 points From 1 point From 1 point From 0 points From 0 points
Level of margin call
/ stop out
40%  /  10% 25%  /  20% 100%  /  50% 100%  /  30% 25%  /  10%
Execution of orders Market Execution, Instant Execution Market Execution, Instant Execution Market Execution Market Execution Instant Execution
No deposit bonus No $100 $30 No No
Cent accounts No No Yes No Yes

Broker comparison table of trading instruments

TurboForex FxPro XM Group Admiral Markets UK AvaTrade
Forex Yes Yes Yes Yes Yes
Metalls No Yes Yes Yes Yes
Crypto No No No Yes Yes
CFD No Yes Yes Yes Yes
indexes Yes Yes Yes Yes Yes
Stock Yes No Yes Yes Yes
ETF No No No Yes No
Options No No No No No

Contacts

Registration address First Floor, First St.Vincent Bank Ltd Building James Street, Kingstown St. Vinsent & the Grenadines
Contacts

Tags:

TurboForex Turbo Forex turboforex turbo forex turbo Turbo

The Oldest Reviews of the TurboForex

The reviews by customers of the TurboForex indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of TurboForex published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

I would like to tell you about my experience with TurboForex. At first, the company inspired me with confidence, but after several months the broker blocked my account and I could not unblock it. I am glad that there was little money in the account, so the management of this company did not really profit from me. I didn't give up on trading, but now I am very careful in choosing, I am looking for a brokerage company only on the recommendation of reliable organizations that have been proven over the years, which I advise you too.

I ordered $ 900 withdrawal. Three weeks later, the money was credited and it was a ridiculous amount: $ 796. What is this commission? The bank told me that they charge a maximum of $ 50 per transfer. That, as it were, is also space, but that is. So what about the rest of the money? Have TurboForex appropriated the remainder? And not bold to them ?!

TurboForex is a broker that does not withdraw money. Technical support answers only in correspondence. I have very bad impressions of the work of this company. The spreads are much larger than those published on the site. More than once they called only in those cases when they persuaded to increase the amount of the deposit. Do not under any circumstances open an account with this broker.

What was required to prove - I'm waiting for 580 usd from 4.09. In support, they feed me breakfast, but I feel that they will not pay me anything!

TurboForex is no longer working. The site has not opened since July 2020. It looks like it's over. But judging by the reviews, customers have lost a lot of money here.

I have spent a lot of money and time on TurboForex. It's time to shoot a little thing, but it was not there. The first application was rejected due to the fact that the card was not in the account currency, the second was rejected according to the bonus agreement, announcing all the money received as a bonus, the third - without explanation. They do not give an answer to the question of how to get out of this situation.

Never invest your funds in TurboForex. The entire balance will be reduced to zero. Especially if you have less than 70 thousand dollars and you are completely new to this business. You will be advised by a young man who is trained so that you do not receive anything, and they will receive rather big interest. And then they will tell you that you yourself invested money and you were warned about the risks. A disgusting and unreliable company, managers change and hide behind different phone numbers. I have never met such a sophisticated deception. Take care of yourself and your funds.

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FAQs

Do reviews by traders influence the TurboForex rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about TurboForex you need to go to the broker's profile.

How to leave a review about TurboForex on the Traders Union website?

To leave a review about TurboForex, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about TurboForex on a non-Traders Union client?

Anyone can leave feedback about TurboForex on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with TurboForex through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.