TurboForex Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-04-21 14:27

Abstract：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).

　　General Information & Regulation

　　Turbo Forex is the operating name of Turbo Trading Ltd, a 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).

　　Market Instruments

　　Turbo Forex offers investors access to popular financial tradable instruments, including Forex currency pairs, commodities, stock CFDs, and indices CFDs.

　　Minimum Deposit

　　To meet the investment needs and trading experience of different investors, Turbo Forex offers three different accounts: Mini (minimum deposit of $10), Standard (minimum deposit of $100), and Premium accounts (minimum deposit of $1000).

　　Turbo Forex Leverage

　　The maximum trading leverage offered by Turbo Forex is up to 1:500, when it comes to leverage level available. Since leverage can amplify both profits as well as losses, inexperienced traders are not advised to use such high trading leverage.

　　Turbo Forex Spreads

　　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, with no commissions charged for trading.

　　Trading Platform

　　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 & Withdrawal

　　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.