Unlike many brokers, Turnkey Forex is not regulated but maintains high standards of security and convenience by ensuring the safety of funds, providing a smooth trading experience, and access to numerous assets. Obviously, before indulging in trading, everyone thinks about whether the forex broker is regulated or registered with any centralized authority or not. After going through the official website of Turnkey Forex, the platform is unregulated or uncertified from any centralized authority. However, the information regarding registration or regulation is not mentioned on the official website of TurnkeyForex. So, we won’t be able to evaluate whether it is legit or a scam.
- Regulated UK White Label provider offering multi-asset liquidity and advanced trading technology to financial institutions and retail brokerage firms worldwide.
- The ECN account spread starts from 0.0 pips and a commission of $2 per $100,000 is charged for each trade.
- Turnkey Forex Overall Ranking is 2 out of 10 based on our testingand compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers.
They have over 12 years of experience, a team of over 250 IT professionals, and have built over 100 partnerships to deliver top-notch services to their customers. White Label provider offering advanced Forex and crypto solutions, including MetaTrader4 and MetaTrader5, tailored for brokerages and exchange firms. Regulated UK White Label provider offering multi-asset liquidity and advanced trading technology to financial institutions and retail brokerage firms worldwide. In this article, we’ll be exploring the best white label brokers and providers, taking a closer look at their features and what makes them stand out from the competition.
They are seasoned crooks and it’s my mission to expose them for what they are and shut them down. My case will also be taken to the regulated bodies and authorities and i urge people to stay away from this broker cause they are up to no good. Although the proposals may seem compatible, brokers of a self-regulatory nature more often target clients outside of the UK, pretending to be reliable and well-established companies. This means it is better to avoid brokers like this, as there is a significant risk of losing investments. The commodity pairs, or commodity currencies, are those forex currency pairs from countries with large amounts of commodity reserves.
Turnkey Forex Fees, Spreads, and Commission
This is an approximate cost and revenue structure of a brokerage company that can vary depending on business model, regulation, investments and markets. With an investment platform you can offer investment products to all kind of traders and investors. For amateurs and beginners you can offer copy trading as the most simple, yet effective product. For experienced traders you can offer PAMM/MAM which is perfect for private money management.
When people search the platform for trading, the first thing that comes to their mind is whether the platform is regulated or not. When you enter the new business industry, hurdles and mistakes are inevitable. Some companies are victims of the process, ending with failure.
Turnkey Forex Review – 21 Key Point Quick Overview:
The lack of a training academy is not helpful to beginners and no daily market analysis or insights are provided to help inspire trade ideas. Turnkey Forex offers two Partnership options in the form of the Introducing Broker Program and an Affiliate Option. Ethereum is the second largest cryptocurrency after Bitcoin and allows developers to create smart contracts on a platform. This involves the trading of gold, silver, and other precious metals as hard commodities that are contract-based tradable. Equity or stock indices can represent a specific set of the largest companies of a nation or they can represent a specific stock market.
One of the key features of SmartStart is the Sirix platform, Leverate’s trading platform which is available on both the web and mobile. This platform offers traders a seamless trading experience with built-in copy trading and crypto capabilities. Additionally, the package includes a fully-branded broker website and application, which is designed to attract clients with a slick design and top-notch user experience. While Turnkey Forex comes with excellent trading conditions, education and research to help beginners and advanced traders alike are completely missing.
In this type of partnership, the partner company or individual operates the White Label Forex brokerage using their own branding. At the same time, the Forex broker offers essential technology, liquidity, and back-office support. Ultimately, it is crucial to select a white label provider that provides clear and transparent pricing along with a comprehensive range of services to assist with cost management.
B2Broker is an international company founded in 2014 that assists brokerages and exchange firms in achieving their business objectives. B2Broker’s extensive client base has served over 500 customers, including 298 corporate clients, 170 professional clients, and 32 institutional clients. With a team of more than 380 employees, B2Broker provides top-quality solutions to meet its client’s needs. X Open Hub is a division of XTB SA that offers white-label solutions for brokers, startups, and banks.
We strive to offer the best trading experience in the world through superior trading technology, low spreads, fast execution, and stellar customer support. Our management team has a solid track record with vast experience in the industry and understands what traders need to trade effectively. Our aim is to provide customers with a stellar trading turnkey brokerage solutions experience. The integration of TWS into white labeling allows Forex brokers to offer their clients a well-established and trusted trading platform with a wide range of currency pairs. IBKR offers a vast selection of over 100 currency pairs for trading, including major pairs like EUR/USD, USD/JPY, and GBP/USD, as well as minor and exotic pairs.