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Turbo Forex vs ITB
Both forex brokers have built a positive reputation, and feedback from our members supports that.
That said, Turbo Forex currently holds a lower overall rating (1) compared to ITB (4.1).
Turbo Forex has a higher minimum deposit than ITB, at 250.0.
Both platforms offer their clients bonuses, demo accounts, mobile trading.
Traders should note that
both companies offer the same maximum lot size (100.0), but Turbo Forex has a minimum lot size of 0.01, while ITB offers 0.001.
Each broker offers an equal maximum leverage of 1:500.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 250.0 | 10.0 |
| Commission | 0.0 | 0.0 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | 0.001 |
| Maximum lot size | 100.0 | 100.0 |
| Spread | Variable | Variable |
| Broker type | STP, ECN, NDD | NDD |
| Maximal leverage (1:?) | 500 | 500 |
| Availability | STP, ECN, NDD | NDD |
| Regulation | FSP (NZ) | - |
| Trading Platforms | MetaTrader 4 (MT4), Web Platform, Mobile Platform | MetaTrader 5 (MT5), Web Platform |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Moneybookers, ACH deposit, Perfect Money, WebMoney, cashU, Neteller, UnionPay, Skrill | Wire Transfer, Local Deposits, Crypto, Visa, Mastercard |
| Account Currency | USD | USD |
| Languages | English, Spanish, Portuguese, Russian, Chinese, Arabic | English, Arabic, Turkish, Persian |
| Country | New Zealand | Saint Lucia |
| Trading platform(s) timezone | New Zealand | United Arab Emirates |
| Other trading instruments | Stocks, Options, Futures, Indices, Commodities, Energies, Shares, Spread Betting, CFDs | Stocks, Futures, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, Precious Metals, Forex |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
