not verified

Turnkey Forex

  • Trading conditions
    50%
  • Platforms and tools
    68%
  • Credibility
    14%
  • Education
    55%
  • Support
    73%
  • Fees and payments
    61%
  • Users choice
    72%
2 reviews
3.5/5

Turnkey Forex is a forex and CFD broker that offers online trading aimed to satisfy the diverse needs of every customer. The broker states that they have no sales culture and believe in the mantra; ‘Customer is king’. Launched in 2016, Turnkey Forex has its headquarters in London, UK and boasts of 5,000 clients from over 190 countries. So far, the broker affirms that over $100 million has been traded by its clients. There is a customer support team that is available 24/7. Turnkey Forex asserts that only raw spreads from 16 Tier 1 banks are streamed to the clients’ platforms via its ECN network. The broker insists that it is a pure ECN broker that uses modern technology to aggregate liquidity from the liquidity providers in order to give its clients the best prices available to them. There is No Dealing Desk (NDD) as Turnkey Forex is an ECN/STP broker that routes all clients’ orders to the liquidity providers. The trading servers are located in Amsterdam.

Overall Score

52.37

We have collected all the parameters of brokers that are important for trading into different groups for your convenience. The closer the parameter is to the maximum value, the higher the percentage of the group. The overall score is based on all groups’ scores. Now you can see what the strengths of the broker are and where are their weaknesses. Not only to see but also to understand how much it suits your particular needs. If a broker has a GREEN VERIFIED, then the information about its parameters has been received from the broker and been examined by us! GREY NOT-VERIFIED means that information about the parameters of the broker is collected from open sources on the network, BUT it is not confirmed by our tests. RED NOT-VERIFIED means that there is no unambiguous information on this broker in open sources and the specified parameters may differ greatly from the actual ones.

  • Spread:
    visible_only_for_verified_brokers
  • Number of futures:
    0
  • Number of currency pairs:
    85
  • Digits after the dot:
  • Number of commodities:
    8
  • Number of cryptocurrencies:
    10
  • Minimum Deposit:
    5
  • Number of bonds:
  • Nuber of indices:
    11
  • Number of tradable assets:
    100
  • Leverage:
    500
  • Number of options:
    0
  • Number of stocks:
    10

Advantages

MAM accounts are available
Free VPS

Disadvantages

Unregulated broker
No daily market analysis
Best tradign conditions requrie large deposits

Users' Reviews

GEORGE SUMMO

2020-12-11

Very user friendly and easy to use. The only serious problem is the take profit limit which although can be adjusted should be removed entirely.

D. JOHN

2021-01-03

Easy to use platform with a good trading selection. Cash withdrawal is simple and funds arrive in a decent time span Hope they continue to increase crypto list