Forex.com
turbo forex
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Overview
Forex.com was founded in 2001 and is headquartered in United States, while turbo forex was established in 2016 and is based in United States. Forex.com holds licences including Financial Conduct Authority (FCA), while turbo forex is regulated by Your capital is at risk. among others. Forex.com serves 150,000+ clients worldwide; turbo forex has 14,000+. The minimum deposit is Typical at Forex.com and $250 at turbo forex.
| Feature | Forex.com | turbo forex |
|---|---|---|
| Min. Deposit | Typical | $250 |
| Regulation | Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) | Your capital is at risk. |
| Founded | 2001 | 2016 |
| Country | United States | United States |
| Clients | 150,000+ | 14,000+ |
Fees
Fees are a critical factor when choosing between Forex.com and turbo forex, directly affecting your bottom line as a trader. turbo forex has a lower barrier to entry with a minimum deposit of $250 (vs Typical at Forex.com). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Forex.com charges deposit fees; turbo forex does not. The two brokers are broadly comparable on fee structure.
| Feature | Forex.com | turbo forex |
|---|---|---|
| Min. Deposit | Typical | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Forex.com offers a mobile trading app; mobile availability for turbo forex is limited. Forex.com supports social and copy trading features, which turbo forex does not offer. Forex.com edges ahead on platform breadth and functionality in our scoring.
| Feature | Forex.com | 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, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and 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 Forex.com and turbo forex compare. Forex.com runs regular live webinars; turbo forex does not. Forex.com has a video library; turbo forex does not. Forex.com publishes daily market commentary; turbo forex does not. Forex.com integrates third-party research tools (Trading Central); turbo forex does not. Forex.com maintains an archive of past webinars for on-demand viewing. Forex.com scores higher overall in education and research.
| Feature | Forex.com | turbo forex |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex.com accepts 3 of the tracked payment methods (bank transfer, credit/debit card, PayPal), while turbo forex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). turbo forex uniquely supports Skrill and Neteller among the two brokers. turbo forex scores higher on deposit and withdrawal flexibility.
| Feature | Forex.com | turbo forex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | 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 Forex.com and turbo forex offer live chat support. Both provide phone support. Email support is available at both brokers. Forex.com supports 3 languages and turbo forex supports 8, giving turbo forex broader global reach. Both brokers are comparable on support quality.
| Feature | Forex.com | turbo forex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Chinese, Arabic | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |