Directshares
turbo forex
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Overview
Directshares was founded in 2007 and is headquartered in Australia, while turbo forex was established in 2016 and is based in United States. Directshares holds licences including The Portuguese Securities Market Commission (CMVM), while turbo forex is regulated by Your capital is at risk. among others. Directshares serves 10,000+ clients worldwide; turbo forex has 14,000+. The minimum deposit is $100 at Directshares and $250 at turbo forex.
| Feature | Directshares | turbo forex |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | The Portuguese Securities Market Commission (CMVM) | Your capital is at risk. |
| Founded | 2007 | 2016 |
| Country | Australia | United States |
| Clients | 10,000+ | 14,000+ |
Fees
Fees are a critical factor when choosing between Directshares and turbo forex, directly affecting your bottom line as a trader. Directshares has a lower barrier to entry with a minimum deposit of $100 (vs $250 at turbo forex). Both brokers charge withdrawal fees. turbo forex applies inactivity fees on dormant accounts; Directshares does not. Directshares charges deposit fees; turbo forex does not. Overall, Directshares scores higher on fees in our assessment.
| Feature | Directshares | turbo forex |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
Directshares offers a mobile trading app; mobile availability for turbo forex is limited. Directshares supports social and copy trading features, which turbo forex does not offer. Directshares edges ahead on platform breadth and functionality in our scoring.
| Feature | Directshares | 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,iOS,MacBook,iPhone | 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 Directshares and turbo forex compare. Directshares runs regular live webinars; turbo forex does not. Directshares has a video library; turbo forex does not. Directshares publishes daily market commentary; turbo forex does not. Directshares integrates third-party research tools (Trading Central, Autochartist); turbo forex does not. Directshares maintains an archive of past webinars for on-demand viewing. Directshares scores higher overall in education and research.
| Feature | Directshares | turbo forex |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Directshares 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 | Directshares | 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 Directshares and turbo forex offer live chat support. Both provide phone support. Email support is available at both brokers. Directshares supports 2 languages and turbo forex supports 8, giving turbo forex broader global reach. Both brokers are comparable on support quality.
| Feature | Directshares | 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 |