If you have been contacted by a scammer, please visit our contact page. If you lose your investment in the Turnkey Forex scam, you can use the chatbot to contact us. If you have already lost money from your broker without withdrawing money, please contact us for advice. You are not allowed to withdraw funds from your account. Traders should trade with well-regulated brokers such as UK or Australia brokers and reputable brokers. Submit your Turnkey Forex broker review below and help other traders choose the right broker.

All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. Turnkey forex solutions Forex siphoned off 9.27% of my USD balance transfer for what they advertise as “no fee transfers” of BTC coin. Please be aware of this company and their tactics if you’re trading with them.

I use their STP trading account for small volume trading and their ECN trading account for high volume trading. The best brokers charge fees through spreads and commissions, and while they may have commissions, they are not based on commissions, but on the money, their clients are trading. Legitimate https://xcritical.com/ brokers rarely charge withdrawal fees, at least not very high. For example, many fraudulent brokers charge high withdrawal fees that not only cover service fees. One would think i committed a crime going by the things they are requesting, but alas, my crime is trying to withdraw what belongs to me.

Brokers By Licenses

Turnkey Forex is one of the best Forex trading platforms with superior trading technology, fast execution and good customer support. The minimum deposit needed to trade is 0.0003BTC or equivalent cryptocurrency that turns out to be $10 . An account with Turnkey Forex can be opened in merely five minutes.

They had no problem receiving my money but now that i want to take it out they have decided to follow the hallmarks of a SCAM broker by refusing my withdrawal through dirty tactics. This is after some shady practices led me to decide to withdraw all my funds in the first place. This factor, however, requires a lot of attention because it is often an area where people can be fooled by brokerage scams. Sometimes, in Forex trading scams, the fraudulent broker only offers their own platform, which may turn out to be fake.

Broker Types

Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website. You can easily open a live trading account by clicking on the ‘Start Trading’ button given on the website’s homepage. Demo accounts are available on Turnkey Forex, where traders can use virtual funds for practice purposes.

• ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.
• Turnkey Forex is an unregulated fraud broker who refuses to pay profits.
• We would suggest you to withdraw your fund as soon as possible and always open a trading account with a regulated broker.
• Turnkey Forex offers true ECN spreads on Forex instruments.
• Turnkey Forex has two types of accounts, ECN and STP.

Review our tips for indentifing scams to help minimize the chance you will get duped.

Response To “turnkey Forex Withdrawal”

We would recommend traders to stay away from unregulated brokers like Turnkey Forex and trade with licensed brokers. Many proprietary platforms of high quality brokers can provide a great trading experience. I am happy with them and recommend them if you are looking for a reliable broker.

Turnkey Forex offers commission-free trading on its STP account. Expert Advisors and algo trading can be made use of, on these accounts. It allows hedging and scalping as well, and just like ECN account, offers a 100 % deposit bonus by just sending an email to their support team. Headquartered in London, Turnkey Forex has over 60,000 clients, from over 150 countries. The broker only streams raw spreads from 20 tier-I banks to the traders’ platforms via its ECN network.

Working with an unlicensed broker does not provide protection in the event of broker fraud. The most common sign of a broker scam or a Forex trading scam is that the broker is either not regulated at all or has a low-quality regulatory license. I am new to trading on Turnkey FX. After 2 months, I found they are a liar for preventing me from withdrawing. My account manager threatened that I will not get my money back if I have not reach the turnover volume and the bonus I agreed. I told him I did not asked any bonus or sign any paper of bonus. Turnkey Forex claims to be headquartered in UK while providing zero details about the trading license on its website, which is already a red flag for potential traders.

Use this review to guide your trading decisions and also do your due diligence on Turnkey Forex. I like the spreads offered by turnkey forex on not just forex but on commodities and cryptos as well, pretty tight imo. Glad I went ahead with turnkeyforex after demo trading with a couple of brokers. Getting good spreads and the overall cost of trading is low. Started using turnkey forex with a small account of $100, increased account size after testing it fully with spreads and withdrawals, all good.

Top Brokers List

Payments made through Cryptocurrencies and InstaCoin are processed instantly, while deposits made through VLoad will depend upon the trader’s VLoad tier. As far as withdrawals are concerned, then those are processed within the same day or in a maximum of 2 working days, depending on the withdrawal mode. The Electronic Communication Network offers the best conditions for trading. For instance, it allows the traders to give specific preset conditions at which they would like to trade. $10 is the minimum balance required in order to open this type of account with Turnkey Forex.

They had no thought of requesting these phantom documents before opening my account, taking my money, and letting me trade. Now that i want to leave they have decided to go down this dirty road that all shameless thieves with no sense of self worth take. I want the FPA community to be aware of the actions committed by this UNREGULATED SCAM broker called turnkey forex and to warn others to stay away from them.

This website contains detailed information on crypto currencies, forex, contracts for difference , stocks, commodities and indices. Additionally, you will find information on various brokers, global markets and exchanges, and investment firms. All financial instruments are fraught with risks and must be understood well before an investor starts trading. This would ensure maximizing the profits and minimizing the losses.

It connects traders to liquidity providers at lightning-fast speeds. The connection is fully secured, courtesy of the SSL layer and it offers premium pricing and fast executions. FIX API is available to those traders who deposit a minimum of $25,000. Turnkey Forex has joined hands with third-party VPS providers to offer reliable, low latency connections to trading servers 24×7. This service is advantageous to EA users and other traders who wish to have steady internet access without any hardware or internet interruptions.

Report A Trading Scam And Trace Bitcoin!

An unregulated broker asking for years of my tax returns, asking for my statement from other brokers, asking for a letter saying i’m not banned from trading forex is clearly up to no good. I fail to see how that is their concern giving that they gladly took my money without asking for anything more than my id and utility bill. They seem to think they can just ask for anything they feel like and expect me to trust them to do what’s right. They are trying to find a reason to hold on to my money and will come up with anything to do so. This is what it has come to when SCAM brokers really want to hold on to what’s yours.

Turnkey Forex Fees

Upon seeing the funds deposited by the trader, the EA will automatically trade on his/her behalf. It is possible to track the performance of the EA, but the trader needs to be very careful and factor in all the possible risks of trading with an automated system. Turnkey Forex provides this service to traders who run complex algorithms and those who want to build their own trading systems. The FIX API is available for MT4 and Trade Station platforms.

The email queries are replied to in a matter of a few hours. Now come to the solution, They do have live chat option on their website. Go ahead and ask them the exact reason to declined your withdrawal and if they say they need to verify some documents then go ahead and send them the docs to get back your funds. If still, you got the problem then write me back here, I`ll suggest you more solid ways to get your funds back. If Turnkey Forex is a no-withdrawal broker, there will likely be problems with their license.

We have a detailed article explaining the risks of trading with Vanuatu brokers. PAMM accounts of Turnkey Forex are an excellent option for traders with less time or experience to trade profitably. A single money manager takes upon the investment activities and retains a certain percentage of commission from the trades. Turnkey Forex lists a number of PAMM managers, one of whom can be chosen by the investor. Turnkey Forex is an international low commission broker, known for excellent customer service. They offer a wide range of assets to trade, including forex, commodities, indices, and cryptocurrencies, through MetaTrader platforms.

The apps are available for both Android and iOS devices. Turnkey Forex accepts clients from all over the world. There is no restriction to anyone from making use of the various benefits offered by the broker.

Watch the most common forex scam videos and how to avoid them starting right now. Turnkey Forex charges a nominal commission fee of $1 per lot for ECN accounts and $0 for STP accounts. All through the time when the market’s open, day or night, Turnkey Forex is available for helping out their customers and clearing their doubts. Their instant web chat can instantly connect anyone on their website to their customer support desk.

I don’t open many trades, I don’t buy many stocks, but in my opinion the Turnkey Forex are some of the best in this category. When I’m a more experienced trader, I might try to move, but for my first real options broker, these guys turned out to be good. My broker is very professional and really helped me a lot in understanding the markets, I also enjoy meeting analysts.

Turnkey Forex Experience Turnkeyforex Com

Turnkey Forex offers true ECN spreads on Forex instruments. The spreads on EUR/USD can go as low as 0 pips but the average spread remains at 0.2 pips. Yes, you can access the demo account on Turnkey Forex, which looks and works the same way as the live account, except that you can’t use real money in a demo account. The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices.

There is absolutely no compulsion to trade or fund the account instantly. The signing up form can be found by clicking the ‘Register’ button on the broker’s website. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. I suggested the same to the thread starter that invites them to this thread first to have a reply from them.

After reading the reviews, I tried to withdraw some money. MT4 provides real-time access to the live price action. Additionally, live charts of all the assets are provided over 9-time frames from as short as a minute to as long as a month. Stop orders, as well as risk management tools, are a part of MT4. One-click trading and alerts are some other helpful features of the platform on Turnkey Forex.