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/10

Turnkey Forex

United Kingdom|5-10 years|
Suspicious Regulatory License|MT4/5 full license|High potential risk|

https://turnkeyforex.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

Coinexx-Demo

United Kingdom
MT4
4

Influence

C

Influence index NO.1

United States 5.69

MT4/5 Identification

MT4/5 Identification

Full License

4
Server Name
Coinexx-Demo MT4
Server Location United Kingdom

Influence

Influence

C

Influence index NO.1

United States 5.69

Surpassed 72.31% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+44 2032876620
CONTACTUS@TURNKEYFOREX.COM
https://turnkeyforex.com/
5th Floor, Ebene Views 66C2 Ebene Quatre Bornes, Mauritius

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
Turnkey Forex
INGOT BROKERS
OctaFX

Contact number

English

+44 2032876620

Broker Information

More

Company Name

Turnkey Forex

Company Abbreviation

Turnkey Forex

Platform registered country and region

United Kingdom

Company website
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Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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Turnkey Forex · Company Summary

Company Summary

Company profile

General Information & Regulation

Turnkey Forex is a forex and CFD broker that offers online trading. Launched in 2016, Turnkey Forex has its headquarters in London, UK, and there is a customer support team that is available 24/7. Turnkey Forex is so far not subject to any valid regulation. Still, Most experts and professional traders would not trade with an unregulated broker.

Market Instruments

Turnkey Forex offers investors access to trading instruments including Forex currency pairs, commodities, indices, and cryptocurrencies.

Minimum Deposit

Turnkey Forex offers traders two types of accounts: the STP and ECN Accounts. The minimum initial deposit required by this broker is only $10, which sounds quite reasonable for most regular traders.

Turnkey Forex Leverage

When we talk about the trading leverage offered by Turnkey Forex, the maximum leverage level available is relatively high, reaching up to 1:500. Leverage magnifies the returns from favorable movements in a currency's exchange rate. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Spreads & Commissions

The minimum spreads start from 0.1 pips for EURUSD, 1 pip for EURGBP, 1.6 pips for GBPCAD, 0.25 pips for XAUUSD, 0.015 pips for XAGUSD, 1.3 pips for D30EUR, and 2 pips for U30USD. The commission for ECN accounts is $1 (per side) per standard lot. Commission on cryptocurrencies is $1 per $100K and on stock indices is 0.1$ per lot.

Trading Platforms

Turnkey Forex offers traders a wide range of trading platforms, including the industry-leading MT4 and MT5 trading platforms, as well as web terminals, mobile apps, and ActTrader, to meet a wide range of traders needs.

Deposit & Withdrawal

Turnkey Forex welcomes traders' payments using cryptocurrencies, in addition to Instcoin (minimum deposit of $50, minimum withdrawal of $10), VLOAD (minimum deposit of $10, minimum withdrawal of $100), wire transfer, and VISA for withdrawals and deposits.

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Customer Support

Turnkey Forex alleges its client support desk is always available to assist clients on a 24/7/365 basis. A quick way to reach the support desk is through the instant web chat on the website.

News

WikiFX Review: Turnkey Forex- If you don’t know now you know

NewsWikiFX Review: Turnkey Forex- If you don’t know now you know

2022-05-24 16:33

Recently Turnkey Forex has become a trending topic in forex markets. But can you withdraw money from Turnkey Forex? Is Turnkey Forex legit in your country? WikiFX made a comprehension review on Turnkey Forex to help you better understand this broker. we will analyse the reliability of this broker from specific information, regulation, exposure and etc. Let’s get into it.

WikiFX
2022-05-24 16:33
News
WikiFX Review: Turnkey Forex- If you don’t know now you know
WikiFX report: Turnkey Forex News

NewsWikiFX report: Turnkey Forex News

2022-04-05 15:23

Turnkey Forex clearly did none of the above, and could not even be considered a broker, but rather a foreign exchange market con. If Turnkey Forex offers higher leverage than this, it's a red flag that business could be a scam. Turnkey Forex is more likely to be a scam if it involves a higher-than-average investment. A legitimate broker will usually ask around $5 to $10 in exchange for their services.

WikiFX
2022-04-05 15:23
News
WikiFX report: Turnkey Forex News

User Reviews

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5

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FX1251413675
more than one year
SCAM !! SCAM !!! SCAM !! Unfortunately, I fell for the scam but luckily only for $250, they have been hounding me for months trying to get me to invest more money which obviously I haven’t.
2023-02-21 18:21
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0
0
问天、情无语
more than one year
Low initial deposit of $10 is super friendly. One of my friends recommended this one to me. But are you kidding? I tried to enter into their official website but failed. A big “404” showed up…
2023-02-14 10:05
Reply
0
0
陌生人9267
more than one year
Although their minimum deposit, leverage, spread and other trading conditions are very attractive, I am of the opinion that security is the most important issue. According to wikifx, Turnkey Forex does not have any regulatory information, so I suggest everyone be cautious.
2022-11-28 17:21
Reply
0
0
海纳百川21498
more than one year
Stay away from unregulated Turnkey Forex! No matter how good the trading conditions they advertise, please don't give them your money easily because there is no security. Once they shut down their website and trading platform, you will never get your money back. Please be sure to choose a broker with legal regulations!
2022-11-25 18:35
Reply
0
0
FX1059527891
more than one year
Two years ago, I opened a trading account with this Turkey forex and significantly increased my equity through profitable trades. When I went for a withdrawal, they came up with unbelieve reasons to avoid paying me and tried to use threats to keep me silent, after combatting for months to get my money and exposing them publicly on trading forums, they got me to enter a payment arrangement, which is a red flag. A real broker doesn’t need payment arrangement. Stay away from it.
2022-11-25 15:59
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0
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