Traders Trust
turbo forex
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Overview
Traders Trust was founded in 1998 and is headquartered in Cyprus, while turbo forex was established in 2016 and is based in United States. Traders Trust holds licences including Financial Conduct Authority (FCA), while turbo forex is regulated by Your capital is at risk. among others. Traders Trust serves 10,000+ clients worldwide; turbo forex has 14,000+. The minimum deposit is $100 at Traders Trust and $250 at turbo forex.
| Feature | Traders Trust | turbo forex |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f├ó╦å┼í├é┬║r Finanzdienstleistungsaufsicht (BaFin), The National Securities Market Commission (CNMV), The Commissione Nazionale per le Societ├ó╦å┼í├óÔé¼┬á e la Borsa (CONSOB), Finansinspektionen (FI), Netherlands Authority for the Financial Markets (AFM), Financial Services Authority (FSA) | Your capital is at risk. |
| Founded | 1998 | 2016 |
| Country | Cyprus | United States |
| Clients | 10,000+ | 14,000+ |
Fees
Fees are a critical factor when choosing between Traders Trust and turbo forex, directly affecting your bottom line as a trader. Traders Trust has a lower barrier to entry with a minimum deposit of $100 (vs $250 at turbo forex). turbo forex charges withdrawal fees while Traders Trust does not, giving Traders Trust an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. turbo forex charges deposit fees; Traders Trust does not. Overall, Traders Trust scores higher on fees in our assessment.
| Feature | Traders Trust | turbo forex |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Traders Trust offers a mobile trading app; mobile availability for turbo forex is limited. Traders Trust supports social and copy trading features, which turbo forex does not offer. Traders Trust edges ahead on platform breadth and functionality in our scoring.
| Feature | Traders Trust | 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 Traders Trust and turbo forex compare. Traders Trust runs regular live webinars; turbo forex does not. Traders Trust has a video library; turbo forex does not. Traders Trust publishes daily market commentary; turbo forex does not. Traders Trust integrates third-party research tools (Trading Central, Autochartist); turbo forex does not. Traders Trust maintains an archive of past webinars for on-demand viewing. Traders Trust scores higher overall in education and research.
| Feature | Traders Trust | 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. Traders Trust 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 | Traders Trust | 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 Traders Trust and turbo forex offer live chat support. Both provide phone support. Email support is available at both brokers. Traders Trust supports 2 languages and turbo forex supports 8, giving turbo forex broader global reach. Both brokers are comparable on support quality.
| Feature | Traders Trust | 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 |