Risk Management Index
The Financial Service Providers Register (FSPR) has been established under the Financial Service Providers (Registration and Dispute Resolution) Act 2008. FSPR is a searchable register of people, businesses and organisations that provide financial services in New Zealand. It enables over-the-counter brokerage firms that are unregulated, as well as new start-ups, to gain customer confidence and credibility, without the worry of complying with regulatory barriers imposed in a number of other countries.
License Type:Financial Service Corporate
Regulated in Country/AreaNew Zealand
Regulatory License No.：332266
Email Address of Licensed Institution :--
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :2015-04-15
Address of Licensed Institution :C/- Acura AdMinisTraTion, Level 1, 1 Dickens STreeT,, Napier, 4140, New Zealand
Phone Number of Licensed Institution :--
Most visited countries/areas
The data are from WIKI Research 2021.05.09 updated
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Basic Information & Regulators of Turbo Forex
Turbo Forex is the operating name of Turbo Trading Ltd, a leading provider of Forex, Commodities, Equity & Index CFD brokerage services, offering investors attractive trading conditions to enable clients to succeed in the financial markets. Turbo Forex is registered with FSPR as a financial service provider (license number: FSP332266).
Safety Analysis of Turbo Forex
Turbo Forex is registered with the FSPR, which is not a regulatory body, so Turbo Forex is not currently subject to any effective regulation, which means that investors' trading activities and the safety of their funds are not protected. Investors should be careful to stay away from the Turbo Forex broker.
Turbo Forex offers investors access to popular financial tradable instruments, mainly Forex currency pairs, commodities, stock CFDs, and indices CFDs.
Accounts & Leverage of Turbo Forex
To meet the investment needs and trading experience of different investors, Turbo Forex offers three different accounts: Mini Accounts (minimum deposit of $10), Standard Accounts (minimum deposit of $100), and Premium Accounts(minimum deposit of $1000). All three accounts have maximum trading leverage up to 1:500.
Spreads & Bonuses of Turbo Forex
Mini accounts have floating spreads, starting from 2.0 pips, and no commission is charged for trading. Standard accounts have spreads starting at 1.0 pips, and Turbo Forex does not charge commissions on trades. Premium accounts have spread starting at 0.5 pips, and no commissions are charged for trading. For a limited time, Turbo Forex offers a 50% deposit bonus on every deposit made by the investor. The bonus is fully automatic, and each deposit is automatically credited to the investor's account with an amount equal to 50% of the bonus, which can be withdrawn if the minimum trading volume requirement is met. Turbo Forex will offer a maximum bonus of 100%.
Trading Platform Available of Turbo Forex
Turbo Forex provides traders with the industry-recognized MT4 trading platform, as well as MT4 Web, MT4 Mobile, and MT4 Tablet, to meet a wide range of trader's needs. MT4 is the ideal trading platform for the Forex market, with an intuitive and simple interface, powerful data analysis capabilities, and support for EA trading, allowing traders of all levels to develop Different trading strategies for different levels of traders.
Deposit and Withdrawal of Turbo Forex
Turbo Forex supports traders to access their investment accounts via VISA, MASTERCARD, Skrill, NETELLER, Sofot Banking, WebMoney, etc. There is no information about deposit and withdrawal fees on the Turbo Forex website.
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Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.