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Turnkey Forex foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://login.turnkeyforex.com/register, about the company's legal and temporary regulatory information, the company's address 5th Floor, Ebene Views 66C2 Ebene Quatre Bornes, Mauritius.

Turnkey Forex Forex Broker

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Turnkey Forex

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Company profile

Registered in UK Regulated by No effective regulation at this time Year(s) of establishment 2-5 years Trading instruments Forex, Commodities, Indices, Cryptocurrencies Minimum Initial Deposit $10 Maximum Leverage 1:500 Minimum spread 0.0 pips onwards Trading platform MT4, MT5 Deposit and withdrawal method Information not available Customer Service Email/phone number/address Fraud Complaints Exposure No for now Note: At this time, we only have a cursory look at Turnkey Forex as the company's official website (https://turnkeyforex.com/ ) does not open properly. Screenshot time: 02/03/2023 WikiFX provides dynamic scoring, it will track the broker's dynamic real-time scoring, the current time screenshot scores do not represent past and future scoring. General information and regulations Turnkey Forex is registered in the UK and appears to be a fraudulent broker without any credible regulation, with a history of no more than 5 years. Unfortunately, we could not find any more detailed information about this broker on the internet. Therefore, we recommend that you do not deal with such a low-information broker right off the bat and always consult WikiFX to get at least a basic understanding of a broker. When choosing a forex broker, you should know that a regulatory license does not necessarily guarantee the reliability of a broker as it may be an expired or cloned regulatory license, but a broker without any regulatory license has a high probability of being unreliable. Trading platforms As for trading platforms, clients can choose between the market leaders MetaTrader4 and MetaTrader5, which can be accessed from many devices. However, have you ever wondered or are you wondering which platform you should use? Our team has the corresponding article for your reference. The article details the similarities and differences between the two and gives specific advice. https://www.wikifx.com/es/wikishow/202207208464173722.html Account types Turnkey Forex provides two types of account, ECN and STP. Their mayor differences consist in spreads and commissions. The ECN account has a commission of 1 USD per lot but lower spreads, while the STP account requires no commissions buy a higher level of spreads. Customer support The support service provided by Turnkey Forex is not very extensive. It can only be accessed via email, address and a phone number. Since the company's website is not currently open, we do not know if it offers other services such as live chat, callback, FAQ, 24/7 or 24/5 service, etc. Below are the details about the customer service. Email: CONTACTUS@TURNKEYFOREX.COM Phone Number: +44 2032876620 Address: 5th Floor, Ebene Views 66C2 Ebene Quatre Bornes, Mauritius Users exposures We have not received any reports of fraudulent activity at this time. However, this does not necessarily mean that this broker is safe and you should remain vigilant to prevent being scammed. Frequent asked questions about Turnkey Forex Is this broker well regulated? No, it is currently not effectively regulated and you are advised to be aware of its potential risks. How much leverage does this broker offer? The maximum leverage of Turnkey Forex is 1:500. Please note that this leverage may only be available for some accounts and products. Please consult our articles or the dealer's website for specific information.
How to login to Turnkey Forex?

Turnkey Forex Similar Brokers

Latest Reviews

Pros
Low minimum deposit requirement of $10, making it accessible for beginners.
Wide range of trading instruments available, including forex, commodities, indices, and cryptocurrencies.
User-friendly trading platforms like MT4 and MT5, which offer advanced features and tools for traders.
Cons
Unregulated status raises concerns about the safety and reliability of the broker.
Mixed reviews regarding withdrawal processes, with some users reporting delays and issues.
High leverage options (up to 1:500) can amplify risks, making it unsuitable for inexperienced traders.

Basic Information

Registered Region
Mauritius
Operating Period
--
Company Name
Turnkey Forex
Abbreviation
Turnkey Forex
Company employee
--
Customer Service Email Address
CONTACTUS@TURNKEYFOREX.COM
Contact Number
+442032876620
Company Address
5th Floor, Ebene Views 66C2 Ebene Quatre Bornes, Mauritius
How to login to Turnkey Forex?
Turnkey Forex Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Turnkey Forex Account Registering for a Turnkey Forex account is a straightforward process that allows new users to access the platform's trading features. Follow these detailed steps to successfully complete your registration: Step 1: Accessing the Registration Page Open your preferred web browser and navigate to the official Turnkey Forex website (turnkeyforex.com). Look for the “Register” or “Sign Up” button, typically located at the top right corner of the homepage. Click on it to proceed to the registration form. Step 2: Filling in Required Information Complete the registration form by entering your personal details, including your name, email address, phone number, and preferred password. Ensure that your password meets the security requirements indicated on the form. Select your country of residence, as this may affect your trading options and account features. Step 3: Email/Phone Verification After submitting your information, you will receive a verification email or SMS. Click the verification link provided in the email or enter the verification code sent to your phone to confirm your account. Step 4: Identity Verification (if required) Depending on your jurisdiction, Turnkey Forex may require identity verification. Prepare to upload a government-issued ID (such as a passport or driver's license) and a recent utility bill or bank statement that shows your name and address. Step 5: Registration Confirmation Once your information is submitted and verified, you will receive a confirmation email indicating that your Turnkey Forex account has been successfully created. You can now proceed to log in and start trading. Common Registration Issues and Solutions Email not received: Check your spam or junk folder. If the email is not found, attempt to resend the verification email from the registration page. Verification failure: Ensure your uploaded documents are clear and legible. If issues persist, contact customer support for assistance. Regional Differences in Registration Users from certain countries may face restrictions due to regulatory issues. Always check the terms and conditions specific to your region on the Turnkey Forex website before registration. Part Two: Turnkey Forex Account Opening Detailed Guide Understanding the Difference Between Registration and Account Opening While registration provides you with a user account on Turnkey Forex, account opening involves selecting the type of trading account that best suits your needs. Heres how to navigate the account opening process: Preparation Work Before Account Opening Before you proceed with opening an account, ensure you have the following: A verified email address and phone number. Required identification documents ready for submission. Knowledge of the account types offered (e.g., ECN, STP, Micro, etc.). Detailed Account Opening Steps Step 1: Selecting Account Type Log in to your Turnkey Forex account and navigate to the "Account Types" section. Review the different account options available, noting the minimum deposit requirements and trading conditions. Step 2: Submitting Required Documents After selecting your account type, you will be prompted to submit additional documents for verification. This may include proof of identity, proof of address, and any other documents specified by the platform. Step 3: Account Review Process Once your documents are submitted, they will be reviewed by the Turnkey Forex team. This process typically takes 1-3 business days. You will receive an email update regarding the status of your account. Step 4: Account Activation Upon approval, you will receive a confirmation email, and your account will be activated. You can now access your trading dashboard. Step 5: Initial Setup Log in to your account and complete any initial setup options, such as setting up two-factor authentication (2FA) for enhanced security. Frequently Asked Questions About Account Opening How long does the account opening process take? Typically, it takes 1-3 business days for account verification. What if my documents are rejected? Ensure they meet the specified requirements. You can re-submit after addressing any issues. Next Steps After Opening an Account Fund your account using one of the available deposit methods (credit card, bank transfer, etc.). Familiarize yourself with the trading platform by exploring available tools and resources. Part Three: Turnkey Forex Login Process Explained Basic Web Login Process Logging into your Turnkey Forex account is simple. Follow these steps to access your account: Step 1: Visit the Turnkey Forex Website Open your web browser and go to the official Turnkey Forex website. Step 2: Click on the “Client Login” Button Locate the “Client Login” button, typically found at the top right corner of the homepage, and click on it. Step 3: Enter Your Credentials Input your registered email address and password in the respective fields. Ensure there are no typos. Step 4: Complete Two-Factor Authentication (if enabled) If you have 2FA enabled, enter the verification code sent to your registered mobile device or email. Step 5: Click “Login” After entering your credentials and 2FA code, click the “Login” button to access your account dashboard. Mobile App Login Process If Turnkey Forex offers a mobile app, the login process is similar: Download the app from the App Store or Google Play. Open the app and enter your login credentials. Complete any 2FA requirements as prompted. Common Login Issues and Solutions Forgotten password: Click the “Forgot Password?” link on the login page to initiate the password recovery process. Account lockout: If you enter incorrect credentials multiple times, your account may be temporarily locked. Wait for a specified duration or contact support to unlock it. Technical issues: Ensure your internet connection is stable. Clear your browser cache or try a different browser if you encounter persistent issues. Overview of Features After Login Once logged in, you can access various features, including: Your account balance and trading history. The trading platform for executing trades. Educational resources and market analysis tools. Additional Sections Account Security Recommendations Enable two-factor authentication for an extra layer of security. Regularly update your password and avoid using easily guessed information. Monitor your account activity for any unauthorized transactions. Best Practices for Account Management Keep your contact information updated to ensure you receive important notifications. Regularly review your trading strategies and adjust your risk management settings as needed. Utilize demo accounts for practice before engaging in live trading. How to Get Technical Support Reach out to Turnkey Forex support via their websites contact form, live chat, or phone support. Check the FAQ section on the Turnkey Forex website for common issues and solutions. This comprehensive guide provides a clear understanding of the registration, account opening, and login processes for Turnkey Forex. By following the outlined steps and recommendations, users can ensure a smooth experience as they begin their trading journey. For more detailed inquiries, always refer to the official Turnkey Forex website or contact their support team.

Turnkey Forex Broker - Comprehensive Information Guide

1. Broker Overview

Turnkey Forex, officially known as Turnkey Forex Limited, was established in 2016 and is headquartered in Quatre Bornes, Mauritius. This broker operates as a private entity, providing services primarily to retail clients across various global markets. Over the years, Turnkey Forex has made significant strides in the online trading industry, focusing on offering competitive trading conditions, including low spreads and high leverage.

The broker initially started as an investment advisor for institutional investors before transitioning into a full-fledged brokerage. This evolution has allowed Turnkey Forex to leverage its expertise in financial markets to cater to a broader audience, including retail traders. The company aims to deliver a seamless trading experience, underpinned by advanced technology and customer-centric services.

As a technology-driven broker, Turnkey Forex utilizes various trading models, including ECN (Electronic Communication Network) and STP (Straight Through Processing), to facilitate trading for clients. This operational model ensures that traders have direct access to liquidity providers, enhancing execution speed and pricing transparency.

2. Regulatory and Compliance Information

Turnkey Forex operates without regulation from any recognized financial authority, which raises significant concerns regarding the safety and security of client funds. The broker claims to be registered in Mauritius, an offshore jurisdiction known for its lenient regulatory environment. However, it does not hold a valid license from the Financial Services Commission (FSC) or any other reputable regulatory body.

  • Regulatory Bodies: None
  • Regulatory Numbers: Not applicable
  • License Validity and Scope: Turnkey Forex does not possess any regulatory licenses.
  • Client Fund Segregation: The broker states that client funds are held in segregated accounts, but the lack of regulation means that there is no guarantee of protection in case of insolvency.
  • Investor Compensation Fund Participation: Not applicable, as the broker is unregulated.
  • KYC and AML Compliance: While Turnkey Forex claims to implement KYC (Know Your Customer) and AML (Anti-Money Laundering) measures, the effectiveness of these measures is questionable due to the absence of regulatory oversight.

3. Trading Products and Services

Turnkey Forex offers a diverse range of trading products, making it a versatile option for traders. The broker provides access to:

  • Currency Pairs: Over 85 forex currency pairs, including major, minor, and exotic pairs.
  • CFD Products: Trading options include indices, commodities, stocks, and cryptocurrencies.
  • Unique Trading Instruments: The broker also offers trading in precious metals like gold and silver, as well as energy commodities like oil.
  • Product Update Frequency: Turnkey Forex regularly updates its trading offerings, although specific details on new products are not publicly disclosed.
  • Retail Trading Services: The broker caters primarily to retail clients, offering various account types to suit different trading strategies.
  • Institutional Client Services: While primarily focused on retail trading, Turnkey Forex does provide services that may appeal to institutional clients.
  • White Label Solutions: Details on white label solutions are not provided in the available information.
  • Asset Management Services: The broker does not explicitly mention asset management services.

4. Trading Platforms and Technology

Turnkey Forex supports multiple trading platforms, ensuring that clients have access to the tools needed for effective trading:

  • MetaTrader 4/5 Support: The broker offers both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are widely recognized in the trading community for their functionality and user-friendliness.
  • Proprietary Platform Details: No proprietary trading platform is mentioned; the focus remains on the MetaTrader platforms.
  • Web-Based Trading Platform: Turnkey Forex provides a web trader option, allowing clients to trade directly from their browsers without downloading software.
  • Mobile Applications: The broker supports mobile trading through MT4 and MT5 applications available for both iOS and Android devices.
  • Execution Models: Turnkey Forex operates on an ECN and STP execution model, ensuring direct access to market liquidity.
  • Server Locations and Infrastructure: The broker utilizes trading servers located in major financial hubs, although specific locations are not detailed.
  • API Access and Automated Trading Support: Turnkey Forex supports API access for automated trading, enabling clients to implement their trading algorithms seamlessly.

5. Account Types and Trading Conditions

Turnkey Forex provides various account types to accommodate different trading preferences:

  • Standard Account Conditions: The minimum deposit for opening an account is $10, with variable spreads starting from 0.0 pips and a commission of $1 per lot for the ECN account. The STP account does not charge a commission but has slightly higher spreads.
  • Advanced Account Types: The broker does not specify VIP or professional account types; however, both ECN and STP accounts are available.
  • Special Accounts: There is no mention of Islamic accounts or corporate accounts.
  • Demo Account Policy: Turnkey Forex offers a demo account for practice, allowing traders to familiarize themselves with the platform.
  • Leverage Ratios: The broker offers leverage of up to 1:500, depending on the account type and trading instrument.
  • Minimum Trade Sizes: The minimum trade size is 0.01 lots, suitable for micro trading.
  • Overnight Fees: Specific policies regarding overnight fees or swap rates are not detailed in the available information.

6. Fund Management

Turnkey Forex provides several options for fund management, which include:

  • Supported Deposit Methods: Clients can deposit funds using various methods, including bank transfers, credit cards, and cryptocurrencies (such as Bitcoin).
  • Minimum Deposit Requirements: The minimum deposit is $10 for both ECN and STP accounts.
  • Deposit Processing Times: Deposits are typically processed quickly, although specific timeframes are not provided.
  • Deposit Fees: There are no fees for deposits, making it cost-effective for traders.
  • Withdrawal Methods and Restrictions: Withdrawals can be made through similar methods as deposits, but specific limitations are not detailed.
  • Withdrawal Processing Times: The broker processes withdrawal requests within 24 hours, although this may vary.
  • Withdrawal Fee Structure: There are no withdrawal fees mentioned, making it an attractive option for traders.

7. Customer Support and Educational Resources

Turnkey Forex emphasizes customer support, providing various channels for assistance:

  • Support Channels: Clients can reach out via phone, email, live chat, and social media.
  • Service Hours and Time Zone Coverage: The support team is available 24/5, although extended hours for weekends or holidays are not specified.
  • Multi-Language Support: The primary language of support is English, with no mention of additional languages.
  • Educational Resources: The broker does not provide extensive educational materials, such as webinars or tutorials, which could benefit novice traders.
  • Market Analysis Services: There is no indication of daily market analysis or research reports available to clients.
  • Trading Tools: Turnkey Forex offers basic trading tools, including calculators and economic calendars.

8. Regional Coverage and Restrictions

Turnkey Forex aims to serve a global client base but has specific regional limitations:

  • Primary Service Markets: The broker primarily targets retail traders across various countries, excluding the United States.
  • Regional Office Distribution: The main office is located in Mauritius, with no additional offices mentioned.
  • Countries/Regions Not Accepted: Turnkey Forex does not accept clients from certain jurisdictions, including the USA and a few others.
  • Special Restrictions: Specific restrictions are not detailed, but the broker's unregulated status may deter clients from certain regions.

In conclusion, while the Turnkey Forex broker offers a range of trading products and competitive conditions, potential clients should exercise caution due to the broker's lack of regulation and oversight. It is advisable to conduct thorough research and consider alternative options with established regulatory frameworks before engaging in trading activities with Turnkey Forex.

Latest Reviews

问天、情无语

问天、情无语

New Zealand

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…

37130

2023-02-14

陌生人9267

陌生人9267

Peru

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.

37130

2022-11-28

Turnkey Forex

News

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

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

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 report: Turnkey Forex News

News WikiFX report: Turnkey Forex News

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.

Turnkey Forex Forex Broker has an overall rating of 1.59, Regulatory Index 0.00, License Index 0.00, Business Index 7.59, Software Index 4.00 Risk Control Index 0.00.
Turnkey Forex