Start Forex Broker From Scratch Turnkey Solutions

There is a wide range of payment methods including Credit Cards, Debit Cards, Cryptocurrencies (including Stable Coins), VLoad, and Bank Wire transfers. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. For advanced and intermediate traders, it is possible to join either Act Trader or MetaTrader, depending on skills and preference.

• Simply raise a withdrawal request from your client portal and your request will be processed in maximum 24 hours.
• Turnkey Forex includes VPS hosting, robo trading, and trading calculators as well as access to MT4, MT5, and Act Trader.
• There is no other commission/charge and no difference in any other trading condition.
• Turnkey Forex is a well-rounded forex broker best for intermediate and advanced traders.
• The broker keeps things nice and simple with a choice of an ECN or STP account.

There is a handy free virtual private server (VPS) to run your platforms around the clock if this is something you are looking for. The minimum deposit to open an account is only $10 whilst free demo accounts are also available for beginners who want to first get a feel for trading online before making a commitment. Despite the positives, I they are lacking regulation which may deter some traders. Although from my research, it is good to see that the customer support team have responded to concerns that have been put forward to them.

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Withdrawals are also processed quickly – within the same day or a maximum of two working days, depending on which payment method you choose. Fast and reliable STP execution with ultra-low latency for A-book trades. Our engineers work closely to deliver products that are thoroughly tested and work well together. All our products are already integrated with each other and are ready to go live.

Overall, I am very satisfied here, and I hope that it will be so also in the future. Multi Account Manager accounts are for money managers and clients looking for managers to manage their funds. Turnkey Forex offers PAMM accounts and software for managers to trade on your behalf. You can view the PAMM list and choose a manager based on his performance statistics and conditions.

ECN

The ECN account spread starts from 0.0 pips and a commission of $2 per $100,000 is charged for each trade. The STP account spreads start from 0.2 pips and no commissions are charged. The high volatility of energy prices due to political, environmental, and several other factors, is a typical feature of this product, making it a popular trading choice.

Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Who Is Turnkey Forex Best For?

Was born back in 2010 and was designed to expand the opportunities of the platform where FXOpen customers managed their trading. It’s now a versatile, multifunctional product used to satisfy the existing and emerging needs of hundreds of thousands FXOpen traders. Customer service is available 24/5 and the broker takes pride in its ability to provide help without delay. The quickest way to reach them is the instant live chat on the website, but you can also reach the team via mail or phone (the US or UK phone number).

However, with more and more brokers available on the foreign exchange markets nowadays, you need to find a fair broker that helps you be consistently profitable from your many trades. The best broker for you should have solid advantages over other brokers and provide a safe trading environment. The global forex market is the largest and most active market in the world.

Customer support culture

Turnkey Forex is an unregulated online forex and CFD broker that provides a choice of MT4 and Trade Station platforms, and supports all strategies, trading systems and styles. Different account types give traders a choice of services as well as useful tools for different needs. Due to advanced price aggregating technology, the pure ECN account provides the tightest spreads and low commission along with the best execution speeds that the broker has to offer. An ECN network is a link of different participants in the forex market, such as investment funds, banks, individual traders, etc. The ECN technology allows traders to specify the conditions at which they are ready to conclude the deal and the volume of the order is only limited by the market liquidity. This gives a trader the opportunity to easily execute large-volume orders.

Both accounts are exactly same, the only difference being that in STP account, the commission charges are included in the spread, while in the ECN account, there are raw spreads and a very low commission. The minimum trade size is 0.01 lots while the maximum is 100 lots. I especially like how the spreads start from as tight as 0.0 pips and the commission fees are also very low. Almost to the point it makes me wonder how the broker is making a profit. Turnkey Forex provides two different account types, ECN account, STP account, and Risk-Free Demo account options.

FOREX Broker Turnkey

The VPS allows you to use powerful, automated strategies 24 hours per day without being worried about computer hardware or power supply. The third-party PS solutions boast low latency, and connection on a 24/7 basis, and the service is completely free if you have a balance of $5,000 or more. Our legal department helps with the registration of your new company. Our Trading server administrators handle setup of the trading platform while our team of engineers take charge of all other components. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker.