It has the metatrader 4 and 5 asides its proprietary trading platforms for professional traders. The different options make it possible to create a comfortable trading environment and trade on a platform one is used to. My story is that I love forex and have traded it for several years. However, I took a good full time job which takes a lot of my time during the day, so I had to quit trading. But, a friend recommended me this broker, since he has a managed account, with solid monthly returns. Despite that I know the such accounts have some risks, I have placed some smaller amount, just to try it.
The guidance made me know where I was getting it wrong and since then I have added trading with robots to my manual trading. The assets are in CFDs, even the cryptocurrencies are also in CFDs, and I feel only people who are not interested in trading CFDs cannot cope here. Just like Hankotrade, it offers ECN and STP accounts, and the minimum deposit is only $10, and low spreads start at 0.0 pips. Like the aforementioned broker, Turnkey Forex is not regulated by any authority, but it does have extra safety measures in place (such as segregated accounts, for instance). Turnkey Forex is one of the few forex brokers that provide access to Act Trader, apart from Coinexx, a broker with a relatively poor reputation and mostly known for crypto trading.
Funds can be deposited using a wide range of payment methods including Credit Cards, Debit Cards, Cryptocurrencies (including Stable Coins) and Bank Wire Transfer. Withdrawing funds from your trading account should be straightforward. Simply raise a withdrawal request from your client portal and your request will be processed in maximum 24 hours. I think they could improve by adding some more funding options such as digital wallets. If you want a greater variety, FXChoice are another forex broker that have a nice selection, including online payment processors.
RoboForex can be another broker to consider who not only have a good forex offering, but plenty of other instruments also. That being said, if you are just looking to trade forex, then Turnkey Forex should have more than enough instruments for your needs. I’m glad I switch to turnkeyforex, with their stp accounts, commissions are one less thing to worry about.
EA scalping and long trades
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. I think Turnkey Forex have a solid choice of currency pairs for forex traders. However, I did find them to be lacking in other asset classes. I think they could improve by adding some individual stock instruments.
Turnkey Forex does not at this time (2023) offer a Sign-Up Bonus, Welcome bonus, or the advantage/profits of a no-deposit bonus with first-time sign-up or account registration. Turnkey Forex does offer periodic competitions and profitable events. Mauritius is an easy jurisdiction to open a brokerage, as opening requires https://www.xcritical.com/ an initial establish the capital of only $2,000, making it a popular offshore zone for shady brokers. A friend who also trades here has been making it, I have just been thinking about better strategies to use. Turnkey Forex charges a nominal commission fee of $1 per lot for ECN accounts and $0 for STP accounts.
Having very active support is also a strong reason why I trust them. The minimum deposit needed to trade is 0.0003BTC or equivalent cryptocurrency that turns out to be $10 (approx). Demo accounts are available on Turnkey Forex, where traders can use virtual funds for practice purposes.
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. More than 100B USD has been traded by the clients forex turnkey solution of the broker so far. All kinds of trading strategies are allowed by Turnkey Forex, making them ideal for all types of traders. With the Commission Free STP account, you can experience reliable trade execution speeds and low spreads.