Core Spreads
turbo forex
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Core Spreads was founded in 2014 and is headquartered in London, while turbo forex was established in 2016 and is based in United States. Core Spreads holds licences including Financial Conduct Authority (FCA), while turbo forex is regulated by Your capital is at risk. among others. Core Spreads serves 10,000+ clients worldwide; turbo forex has 14,000+. The minimum deposit is $1 at Core Spreads and $250 at turbo forex.
| Feature | Core Spreads | turbo forex |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Your capital is at risk. |
| Founded | 2014 | 2016 |
| Country | London | United States |
| Clients | 10,000+ | 14,000+ |
Fees
Fees are a critical factor when choosing between Core Spreads and turbo forex, directly affecting your bottom line as a trader. Core Spreads has a lower barrier to entry with a minimum deposit of $1 (vs $250 at turbo forex). turbo forex charges withdrawal fees while Core Spreads does not, giving Core Spreads an edge for frequent withdrawers. turbo forex applies inactivity fees on dormant accounts; Core Spreads does not. Core Spreads charges deposit fees; turbo forex does not. Overall, Core Spreads scores higher on fees in our assessment.
| Feature | Core Spreads | turbo forex |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
Core Spreads offers a mobile trading app; mobile availability for turbo forex is limited. Core Spreads edges ahead on platform breadth and functionality in our scoring.
| Feature | Core Spreads | turbo forex |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | No |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Core Spreads and turbo forex compare. Core Spreads has a video library; turbo forex does not. Core Spreads integrates third-party research tools (Autochartist); turbo forex does not. Core Spreads scores higher overall in education and research.
| Feature | Core Spreads | turbo forex |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Core Spreads accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while turbo forex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). turbo forex uniquely supports PayPal and Skrill and Neteller among the two brokers. turbo forex scores higher on deposit and withdrawal flexibility.
| Feature | Core Spreads | turbo forex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Core Spreads and turbo forex offer live chat support. Both provide phone support. Email support is available at both brokers. Core Spreads supports 2 languages and turbo forex supports 8, giving turbo forex broader global reach. Both brokers are comparable on support quality.
| Feature | Core Spreads | turbo forex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |