Regulated UK White Label provider offering multi-asset liquidity and advanced trading technology to financial institutions and retail brokerage firms worldwide. Using a white label Forex broker can offer many benefits, regardless of which business model you choose. It can help you save valuable time and resources while enabling you to concentrate on building your brand and delivering top-notch customer service. Let’s look at some of the pros and cons of working with a white label Forex broker. An Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in the Islamic stock market following the principles of Islamic finance.
Since I’ve posted my review on 12Jan2022, after several email communications from 05Jan2022 onwards, Turnkey has responded via email that they will return the funds to my Turnkey account on 18Jan2022. I have since received the funds , made a withdrawal request, and have received the funds back into my bank account . Overall, it was a peculiar event, as I’ve not encountered such happenings before. In my opinion this is one of the best and reliable FX brokers I have ever had a pleasure to trade with.
Setting of ea went without any issues it still works perfectly after three months. 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 Bonus cannot be lost or withdrawn, and as I have understood, if I ever reach zero point of my own funds, broker will not allow me to lose bonus. Good thing is that profits made from trading bonus funds can be withdrawn from account.
I asked questions about ea, and many other questions I had in mind then and I was answered properly. I started having the ea last month, no fear about the ea services yet. The APIs that are part of the white label solution package can be used as a means of communication with end users who can connect to the trading platform directly. It is quick and easy to deposit funds into your Turnkey Forex trading account. Funds can be deposited using a wide range of payment methods including Credit Cards, Debit Cards, Cryptocurrencies and Bank Wire Transfer.
Turnkey Forex Discussion
This broker is absolutely my favorite as their commission and spread are low and tight. Just recently, they added the crypto trading turnkey forex brokers reviews which is a great feature to this broker. I like to trade cryptos which I do on weekends while trading forex during the week.
The client support desk is always available to assist clients on a 24/5 basis. A quick way to reach them is through the instant web chat on the website. There is also a contact form available on the support page of the brokers website. When you fill out the form, the support team will reply by email within a few hours. I have always found them to be good with their responses although feel they could improve by extending support hours to 24/7, especially considering they provide cryptos, a market that is open 24/7. With the Commission Free STP account, you can experience reliable trade execution speeds and low spreads.
Turnkey Forex Available Instruments
X Open Hub is a division of XTB SA that offers white-label solutions for brokers, startups, and banks. 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. The forex spread is the difference between a forex broker’s sell rate and buy rate when exchanging or trading currencies. Spreads can be narrower or wider, depending on the currency involved, the time of day a trade is initiated, and economic conditions.
We aim to help you find the best broker according to your own needs. Disappointingly, I couldn’t find any training resources available from Turnkey Forex. I would have liked to at least have seen some tutorial videos and trading guides as these could benefit beginner traders looking to improve their trading skills and knowledge. If you are a beginner and looking for some guidance along the way, you might want to check out CM Trading for a much better selection of educational resources.
Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. The ECN account spread starts from 0.0 pips and a commission of $2 per $100,000 is charged for each trade. Forex broker services can also be provided for institutional clients and large companies such as investment banks. I trade forex and cryptocurrencies regularly, and I am improving with my trades.
- Mauritius is an easy jurisdiction to open a brokerage, as opening requires an initial establish the capital of only $2,000, making it a popular offshore zone for shady brokers.
- 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.
- I started having the ea last month, no fear about the ea services yet.
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. I think Turnkey Forex have a solid choice of currency pairs for forex traders.