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FXCC , Turnkey Forex Broker Comparison

Do you want to know which is the better broker between FXCC and Turnkey Forex ?

In the table below, you can compare the features of FXCC , Turnkey Forex side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
FXCC
4.6
Regulated
Under guarantee
15-20 years
CYSEC
VISA,Neteller,Skrill,BANK WIRE TRANSFER,SOFORT,RAPID,paysafecard
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
ECN Advanced,ECN XL,ECN Standard
--
100.000
1:200
--
0.00
--
0.01
--
Turnkey Forex
1.59
Not Regulated
Under guarantee
--
--
5-10 years
--
Crypto Payments,instacoin,VLOAD,Cryptocurrency/PayPal via Coinbase
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
ECN Account,STP Account
Forex, Commodities, Indices, Cryptocurrencies
US$10
1:500
From 0.00
50.00
--
0.01
--

FXCC 、 Turnkey Forex BrokerRelated News

FXCC BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do fxcc and turnkey-forex have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

fxcc
FXCC Review Summary
Founded2004
Registered Country/RegionCyprus
RegulationCYSEC
Market InstrumentsForex, gold, silver
Demo Account
LeverageUp to 1:200
Trading PlatformMT4
Minimum Deposit$100
Customer Support24/5 support
Tel: +35725870750; +357 25 025001
Address:Amorosa Centre, 2nd floor, 2 Samou Street, 4043 Yermasoyia, Limassol, Cyprus
LinkedIn

FXCC Information

FXCC is a regulated broker, offering trading on forex, gold, and silver with leverage up to 1:200 on the MT4 platform. The minimum deposit requirement is $100.

FXCC Information

Pros and Cons

Pros Cons
Demo accountsLimited trading products
MT4 platformDeposit/withdrawal fees charged
Regulated by CYSEC
Long operational history

Is FXCC Legit?

Yes. FXCC is licensed by Cyprus Securities and Exchange Commission (CySEC) with license number 121/10 to offer services.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
CyprusCYSECRegulatedFX Central Clearing LtdStraight Through Processing (STP)121/10
license

What Can I Trade on FXCC?

FXCC offers trading in forex, gold, and silver.

Tradable Instruments Supported
Forex
Gold
Silver
Commodities
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs

Account Type

FXCC offers a range of ECN accounts to suit all traders and offers demo accounts. And the ECN standard account offers extra benefits: zero deposit fees.

Account TypeMinimum Deposit
ECN Standard $10,000
ECN XL $100
ECN Advanced $100,000+
Account Type

Leverage

The broker offers maximum leverage at 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.

Account TypeMaximum Leverage
ECN Standard Account1:30
ECN XL Account1:30
ECN Advanced Account1:200

FXCC Fees

ECN accounts have only a small spread, and you can use a demo account to see real-time spreads on the platform or calculate spreads using a trading calculator. No commission fees are charged.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4Desktop, mobile, webBeginners
MT5/Experienced traders
Trading Platform

Deposit and Withdrawal

Payment OptionsAccepted CurrenciesDeposit FeesWithdrawal Fees
Bank wireUSD, EUR, GBP2-518
Neteller3.2% + 0.292.0%
Skrill0.49
Visa2.0%
Sofort2.5% + 0.290.49
Rapio2.0% + 0.29
Paysafe card9.0% + 0.29Bank Wire Fee
Deposit and Withdrawal
turnkey-forex
Registered in UK
Regulated by No effective regulation at this time
Year(s) of establishment 2-5 years
Trading instruments Forex, Commodities, Indices, Cryptocurrencies
Minimum Initial Deposit $10
Maximum Leverage 1:500
Minimum spread 0.0 pips onwards
Trading platform MT4, MT5
Deposit and withdrawal method Information not available
Customer Service Email/phone number/address
Fraud Complaints Exposure No for now

Note: At this time, we only have a cursory look at Turnkey Forex as the company's official website (https://turnkeyforex.com/ ) does not open properly.

screenshot of WikiFX

Screenshot time: 02/03/2023

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.

General information and regulations

Turnkey Forex is registered in the UK and appears to be a fraudulent broker without any credible regulation, with a history of no more than 5 years. Unfortunately, we could not find any more detailed information about this broker on the internet. Therefore, we recommend that you do not deal with such a low-information broker right off the bat and always consult WikiFX to get at least a basic understanding of a broker.

When choosing a forex broker, you should know that a regulatory license does not necessarily guarantee the reliability of a broker as it may be an expired or cloned regulatory license, but a broker without any regulatory license has a high probability of being unreliable.

Trading platforms

As for trading platforms, clients can choose between the market leaders MetaTrader4 and MetaTrader5, which can be accessed from many devices.

However, have you ever wondered or are you wondering which platform you should use? Our team has the corresponding article for your reference. The article details the similarities and differences between the two and gives specific advice.

https://www.wikifx.com/es/wikishow/202207208464173722.html

trading platform

Account types

Turnkey Forex provides two types of account, ECN and STP. Their mayor differences consist in spreads and commissions. The ECN account has a commission of 1 USD per lot but lower spreads, while the STP account requires no commissions buy a higher level of spreads.

account types

Customer support

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.

Below are the details about the customer service.

Email: CONTACTUS@TURNKEYFOREX.COM

Phone Number: +44 2032876620

Address: 5th Floor, Ebene Views 66C2 Ebene Quatre Bornes, Mauritius

Users exposures

We have not received any reports of fraudulent activity at this time. However, this does not necessarily mean that this broker is safe and you should remain vigilant to prevent being scammed.

Frequent asked questions about Turnkey Forex

Is this broker well regulated?

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

How much leverage does this broker offer?

The maximum leverage of Turnkey Forex is 1:500. Please note that this leverage may only be available for some accounts and products. Please consult our articles or the dealer's website for specific information.

Do fxcc and turnkey-forex have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive fxcc and turnkey-forex are, we first considered common fees for standard accounts. On fxcc, the average spread for the EUR/USD currency pair is -- pips, while on turnkey-forex the spread is From 0.00.

Which broker between fxcc, turnkey-forex is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

fxcc is regulated by CYSEC. turnkey-forex is regulated by --.

Which broker between fxcc, turnkey-forex provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

fxcc provides the ECN Advanced,ECN XL,ECN Standard platform with products like --; turnkey-forex offers the ECN Account,STP Account platform featuring assets including Forex, Commodities, Indices, Cryptocurrencies .

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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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