Turnkey Forex Review 2024

Turnkey Forex Review 2024

Updated:
Updated: October 06, 2023

Attention!

This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.

We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:

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Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

Summary of Turnkey Forex Trading Company

Turnkey Forex stopped working under this name and rebranded itself as Coinexx.

Geographic Distribution of Turnkey Forex Traders

Popularity in

39.12%
AU
Australia
34.18%
CO
Colombia
18.21%
US
United States
5.89%
UG
Uganda
3.97%
RU
Russian Federation
3.51%
BE
Belgium
3.17%
AZ
Azerbaijan
3.04%
GB
United Kingdom
2.8%
MX
Mexico
2.74%
PH
Philippines
5.37%
Others
Others

User Satisfaction i

5 comments
Total score:
4.4 /10

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angelavm11
1 year ago

As long as the amount is small, up to $ 5,000, a conclusion is made. As requested more, the request was rejected due to open positions, for which the sagging amounted to 10% of the deposit.

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Bradleyhilm
2 years ago

The conditions on the Turnkey Forex website are described as quite good, so I really hoped for this broker. You can start with 10 dollars, which suited me. With this amount, and went, later topped up another 200 dollars. There is a choice of trading platforms, they give leverage. There are 66 currency pairs available for transactions - more than enough for me. But with payment systems, not everything is so rosy. I am not friends with cryptocurrencies, so I had to send money through VLoad. This was my mistake, because there were problems with the output later. When I realized that the conditions of Turnkey Forex did not quite suit me, I decided to withdraw the rest of the depot. But the minimum is 100 bucks, so I broke off. In short, initially it was necessary to choose another payment system.

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edi
2 years ago

I have been trading at Turnkey Forex for about two months, the trading conditions are decent. However, I give 3 stars because their website is very slow and at the moment it is not working at all, it shows that the website does not exist. This really makes me a little worried as they are not regulated and makes me think that Turnkey Forex can just pack up and walk away with my money when it suits them.

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Saruli90
3 years ago

When I trading Turnkey, the price never came close to my stop loss. But the company closed the order by stop loss three times. This caused serious losses. I want to close my Turnkey account and am looking for another broker.

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sirjohn
3 years ago

The Turnkey Forex support service often deceives customers. I can only withdraw my money in parts. When I made a request to withdraw $ 12,000, I was told that I could withdraw the entire amount without any problems. But I was withdrawn in parts of $ 80-300. How long should the withdrawal take? I still haven't been able to withdraw all my money.

Trading Conditions for Turnkey Forex Users

💻 Trading platform: MT4, Trade Station, Mobile Platforms
📊 Accounts: ECN, STP, Swap Free, Micro, VIP
💰 Account currency: USD, EUR
💵 Replenishment / Withdrawal: Bank Wire, Bitcoin, Ethereum, Credit/Debit cards, Neteller.
🚀 Minimum deposit: 5 USD
⚖️ Leverage: 1:400
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 Spread: from 0,0 p
🔧 Instruments: Forex, Commodity, Shares, Indicies, ETFs
💹 Margin Call / Stop Out: 70%/50%
🏛 Liquidity provider: No
📱 Mobile trading: Mobile Platforms
➕ Affiliate program: No
📋 Orders execution: Market Execution
⭐ Trading features: MAM, VPS Hosting, Social Trading
🎁 Contests and bonuses: 100% Deposit Bonus

Contacts

Registration address 5th Floor, Ebene Views 66C2 Ebene Quatre Bornes, Mauritius
Official site
Contacts
Disclaimer:

Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
Turnkey Forex Review Turnkey Forex Review

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FAQs

Why has Turnkey Forex been placed on the Forex Broker Blacklist?

Possible reasons:
• multiple complaints have been filed against Turnkey Forex by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of Turnkey Forex is down, not updated or operates with clear errors and some features are not available;
• Turnkey Forex has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.

What should I do if Turnkey Forex got blacklisted and I still have money in my account?

Don’t panic right away. First, try to find out the reason why Turnkey Forex got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.

What should I do if I cannot withdraw my money from Turnkey Forex?

If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.

Is there any chance to recover my money if Turnkey Forex is a scam?

On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.

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