easyMarkets
turbo forex
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Overview
easyMarkets was founded in 2003 and is headquartered in Cyprus, Australia, while turbo forex was established in 2016 and is based in United States. easyMarkets holds licences including Cyprus Securities and Exchange Commission (CySEC), while turbo forex is regulated by Your capital is at risk. among others. easyMarkets serves 142,500+ clients worldwide; turbo forex has 14,000+. The minimum deposit is $100 at easyMarkets and $250 at turbo forex.
| Feature | easyMarkets | turbo forex |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | Your capital is at risk. |
| Founded | 2003 | 2016 |
| Country | Cyprus, Australia | United States |
| Clients | 142,500+ | 14,000+ |
Fees
Fees are a critical factor when choosing between easyMarkets and turbo forex, directly affecting your bottom line as a trader. easyMarkets has a lower barrier to entry with a minimum deposit of $100 (vs $250 at turbo forex). turbo forex charges withdrawal fees while easyMarkets does not, giving easyMarkets an edge for frequent withdrawers. turbo forex applies inactivity fees on dormant accounts; easyMarkets does not. turbo forex charges deposit fees; easyMarkets does not. Overall, easyMarkets scores higher on fees in our assessment.
| Feature | easyMarkets | turbo forex |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
easyMarkets offers a mobile trading app; mobile availability for turbo forex is limited. easyMarkets supports social and copy trading features, which turbo forex does not offer. easyMarkets edges ahead on platform breadth and functionality in our scoring.
| Feature | easyMarkets | 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 easyMarkets and turbo forex compare. easyMarkets runs regular live webinars; turbo forex does not. easyMarkets has a video library; turbo forex does not. easyMarkets publishes daily market commentary; turbo forex does not. easyMarkets integrates third-party research tools (Trading Central, Autochartist); turbo forex does not. easyMarkets maintains an archive of past webinars for on-demand viewing. easyMarkets scores higher overall in education and research.
| Feature | easyMarkets | 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. easyMarkets accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while turbo forex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). turbo forex uniquely supports PayPal among the two brokers. turbo forex scores higher on deposit and withdrawal flexibility.
| Feature | easyMarkets | turbo forex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both easyMarkets and turbo forex offer live chat support. Both provide phone support. Email support is available at both brokers. easyMarkets supports 5 languages and turbo forex supports 8, giving turbo forex broader global reach. Both brokers are comparable on support quality.
| Feature | easyMarkets | turbo forex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, Arabic, Chinese, Spanish and Polish | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |