Their offer of over 500 trading instruments ranging from forex pairs to commodities to indices and cryptocurrencies allows me the opportunity to diversify my portfolio hence giving me the option to mitigate the inherent risks of investing all my equity into all into one asset class
The trading conditions available suits different kinds of trading strategy. Those who can’t trade can also benefit from the pamm program or use a robot to trade. Theforex an crypto trading services are round and professsional
I don't have a reason to open another brokerage account yet since this one is serving me. I was referred here last year by someone who wanted me to trade with faster executions and tighter spreads. One other thing that I like here is the simplicity of the whole platform. It makes it easy to navigate around
I find that this is good broker for scalping, due to quite low costs of trading. I am with this broke for last three months, scalping eurusd. My costs of trading include $1.0 fixed cost for traded lot and very low spreads, ranging from 0.01-0.05 pips. There are no hidden costs, which makes this broker honest one and very good for my trading strategy. What I would also like to note here is that I did not had any issue with work of my MT5 platform. For last three months I didnt experienced any slippages or “short breaks” in work of the system. All my deals were executed, although market was significantly volatile lately. I am quite satisfied here with conditions, and happy that I have managed to increase profitability of my trades.
This broker became my first choice for forex scalping due to its stable platform and low costs. I am using here stp account where I have really tight spreads. For majors they range within only few pips, without any fixed fees. My MT5 platform works without interruptions and I also have setup an ea for trading assistance. Setting of ea went without any issues it still works perfectly after three months. So far so good. Btw, just to mention that this broker offers nice bonus on every deposit made. Bonus is 100% of the deposit, so it was nice boost to my initial trading funds. Bonus cannot be lost or withdrawn, and as I have understood, if I ever reach zero point of my own funds, broker will not allow me to lose bonus. Of course, I hope that I will never reach this point. Good thing is that profits made from trading bonus funds can be withdrawn from account. Hedging is also support here, so SL can be placed within only few pips. Overall, I think that this is one fair broker for scalpers.
I like turnkeyforex because of the prompt new updates it integrates into its trading platform. Doing fundamental and technical analysis before making any trade moves has increased my win rate. The tools availabe are favourable for techncial and fundamental traders
Trading has been made easy with this broker as it provides different options for different types of trades. Turnkeyforex has the ECN and the standard account. It is common among brokers that the standard account has spread that averages around 1.3 pips. This is not the same with Turnkeyforex which charges far lower even for the standard account. The spreads for the standard account are usually around 0.2pip (average). The commission is only $1 for every 100k traded. In terms of pricing, I have not seen any broker that beats Turnkeyforex. Asides having manual trading options one can also make money through the use of trading robots and API
Withdrawal works for emergency purposes as it is usually granted on the same day, I get to see my money some hours after requesting it. I make withdrawals and deposits with cryptocurrency; there are also many other methods that the broker makes available
It is a no dealing desk service. It provides ECN and STP services; it directly passes on trades to the liquidity providers. It does not charge for deposit, withdrawal or even inactivity fees. The spreads provided are tight across all its assets and platforms.
It is easy to navigate through the website because it was well developed and it has necessary customizations that help me to move from one place to another. The features of the broker can be seen clearly on the website without stress. I was able to get all the information before opening an account. I was impressed that the features described on the site by the broker are the same I experienced when trading. I know some brokers that lie about the features they have just to lure clients and then when clients open an account, they find them not to be true. Turnkey is a realistic broker, I have enjoyed trading with the broker.
I trade forex and cryptocurrencies regularly, and I am improving with my trades. I am not yet where I wish to be in terms of being good at trading but I am surely improving daily.
The demo account is as reliable as the real account, what I mean is that the demo charts could be used to measure the live chat trading condition. The only thing I believe is impossible to master on the demo account is the market psychology; the greed, fear and doubts that come with trading. Turnkey has been reliable for me since day one, I have recommended two other forex traders here and they have no regrets trading here. When trading the news, there are minimal slippages, I have never noticed any trade requotes here.
Lastly, I must mention that it is cheap to trade here. In the sense that the minimum deposit is small and there are no charges for withdrawing money. There are no hidden or extraneous charges from my account since the time I have been trading too.
I trade forex on week days and continue with crypto when the forex markets are closed or when the volatility is low. Combining the two has been good for me. I am still hoping to balance my trades because I am still kinda shaky. A friend who uses ea on the Turnkey platform advised me to do the same and I am already working on getting a good ea already. I hope to trade forex on a long term and be consistently profitable. Being unprofitable can be frustrating but I hope that the ea can make things better, because my friend uses ea and he makes some money through this broker. I don't see the broker as the cause of my unprofitability because if it is the broker, my friend won't make money too. I will just buckle up with my strategies and add ea to my trades. Turnkey offers tight spreads and low trading cost, it is a good place to learn trading through demo account and make money through the live account
Trading with this broker for more than a year now, tight spreads, commissions have been lowered to $1 per side. Never faced any issue during withdrawals too, always got on time, spreads on crypto pairs are also good, wish they offer crypto trading on weekends as well, otherwise the broker is good to go.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.